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Oil prices rose to their highest in almost six weeks on Wednesday, with Brent crude surpassing $95 a barrel, on mounting concerns about disruptions to Middle Eastern supply routes because of escalating hostilities between the U.S. and Iran and…
https://www.marinelink.com/news/president-trump-iran-target-a-ship-lose-a-541429
https://www.marinelink.com/news/president-trump-iran-target-a-ship-lose-a-541429Marine Science students from Curtin University recently partook in a sea voyage from Perth to Hobart, a trip that helped some determine their career paths. Twenty university students were selected from across Australia for CAPSTAN, a national sea-training program run by CSIRO…
https://www.marinelink.com/news/curtin-university-students-explore-marine-541431
https://www.marinelink.com/news/curtin-university-students-explore-marine-541431Today, Wednesday, July 22 2026, the Baltic Dry Index climbed 45 points, reaching 2715 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2715-up-45-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2715-up-45-points/Indian vessel operator Seamec has signed a definitive agreement to purchase the diving support vessel (DSV) Seamec Anant from its parent company HAL Offshore. The vessel will be acquired for a price of $70m. Following delivery scheduled around August 31, the DSV will be chartered back to HAL Offshore at a $45,000 dayrate, securing steady …
https://splash247.com/seamec-strengthens-offshore-fleet-with-dsv-buy/
https://splash247.com/seamec-strengthens-offshore-fleet-with-dsv-buy/Italian energy services contractor Saipem has been awarded a new offshore drilling contract for one of its drillships by compatriot energy giant Eni. The contract was awarded by Eni’s subsidiary, Eni Côte d’Ivoire Limited, and is valued at approximately $260m. Saipem will deploy the drillship Santorini offshore the Ivory Coast for a long-term development drilling …
https://splash247.com/eni-books-saipem-drillship-for-ivory-coast-campaign/
https://splash247.com/eni-books-saipem-drillship-for-ivory-coast-campaign/Simon Puxley from Moody’s writes for Splash today. As a young officer, I spent time working with government customs authorities on counter-narcotics operations. Our operations room was a snapshot of challenges we still face today. Seventeen different computer systems. Telex. Fax. Streams of information coming in from across the world from regions such as the …
https://splash247.com/for-maritime-risk-look-to-the-networks-behind-the-ships/
https://splash247.com/for-maritime-risk-look-to-the-networks-behind-the-ships/Ahead of the inaugural Splash Singapore this September, Nitin Mathur, managing director of commercial shipping at Al Seer Marine, expects the tanker market conversation to be dominated by one region above all others. “I expect the discussion to focus on the implications of the US-Iran conflict and the resulting uncertainty around the Strait of Hormuz,” …
https://splash247.com/splash-singapore-al-seer-marines-nitin-mathur-on-hormuz-ai-and-singapore/
https://splash247.com/splash-singapore-al-seer-marines-nitin-mathur-on-hormuz-ai-and-singapore/COSCO Shipping Specialised Carriers has moved to grow its heavylift fleet with an investment of up to RMB2.624bn ($387.8m) in eight multipurpose heavylift newbuildings at CSSC Chengxi Shipyard. The Shanghai-listed owner will place the order through wholly owned COSCO Shipping (Hong Kong) Investment and Development or affiliated companies. Deliveries are scheduled to run from April …
https://splash247.com/cosco-orders-eight-heavylift-ships-at-chengxi/
https://splash247.com/cosco-orders-eight-heavylift-ships-at-chengxi/Tankers carrying Saudi crude as well as a Chinese car carrier have turned back in the Red Sea over the past 24 hours after Yemen’s Houthis declared a naval blockade on Saudi Arabia, threatening the fallback export route the kingdom has relied on since the Strait of Hormuz became too dangerous to use. Asian refiners …
https://splash247.com/houthi-threat-tightens-saudi-oil-pincer/
https://splash247.com/houthi-threat-tightens-saudi-oil-pincer/The 4,310 ceu Chang Sheng Hong was sold at auction on Tuesday for around $42m, according to sources, an exceptionally high price for a 26-year-old midsize PCTC. The Shanghai United Assets and Equity Exchange had marketed the China-flagged vessel with a reserve price of RMB95m ($14m), meaning the winning bid came in at roughly three …
https://splash247.com/2000-built-car-carrier-fetches-42m-at-auction/
https://splash247.com/2000-built-car-carrier-fetches-42m-at-auction/