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Daily crude loadings at Saudi Arabia's Red Sea port of Yanbu are close to maximum levels this week as tensions with Yemen's Houthi militia intensify and the kingdom seeks to maximise oil exports, according to data and industry sources.Saudi Aramco, the world's largest oil exporter, has increased use
https://www.marinelink.com/news/yanbu-port-reaches-near-maximum-crude-541215
https://www.marinelink.com/news/yanbu-port-reaches-near-maximum-crude-541215Damen Shipyards Group has signed a contract with Seaspan ULC for the delivery of two ASD Tugs 2813. The signing took place on May 19, at the International Tug and Salvage (ITS) Convention in Gothenburg, Sweden. The ASD Tugs 2813 will be the first Damen Tugs to enter the Seaspan fleet.
https://www.marinelink.com/news/damen-deliver-two-tugboats-seaspan-541220
https://www.marinelink.com/news/damen-deliver-two-tugboats-seaspan-541220Regional buyers in Asia may shift demand to Australian wheat after strikes on energy and port infrastructure in Russia and Ukraine disrupted grain harvests and shipping, traders and producers in Australia and Asia said July 13-14. Recent attacks have mounted diesel supply concerns in Russia just as winter crop harvest is ramping up, as drone ...
https://www.hellenicshippingnews.com/asias-appetite-for-australian-wheat-to-rise-as-russia-ukraine-war-disrupts-shipments/The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for the fourth session on Tuesday, rising about 0.7% to a new high since June 5 at 2,980 points, driven by gains across all vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore ...
https://www.hellenicshippingnews.com/baltic-dry-index-up-for-4th-day-2/
https://www.hellenicshippingnews.com/baltic-dry-index-up-for-4th-day-2/Tor Olav Trøim-backed Himalaya Shipping has fixed one of its LNG dual-fuel newcastlemax bulkers on a fresh time charter. The Oslo- and New York-listed owner, led by Lars-Christian Svensen, said the 2024-built Mount Aconcagua has been chartered for 16 to 18 months. The 210,000 dwt vessel is expected to begin the new contract in the …
https://splash247.com/himalaya-seals-another-premium-newcastlemax-fixture/
https://splash247.com/himalaya-seals-another-premium-newcastlemax-fixture/Malaysia’s Velesto Energy has terminated the sale of one of its jackups to PT Indonesia Drilling Energy. The deal for the sale of the 2010-built Naga 3 jackup was agreed in mid-December 2025 for a cash consideration of $63m. Velesto said at the time that the sale was in line with the company’s ongoing fleet …
https://splash247.com/velesto-energy-pulls-plug-on-jackup-sale/
https://splash247.com/velesto-energy-pulls-plug-on-jackup-sale/New York-listed VLCC owner DHT Holdings has fixed one of its ships on a three-year time charter as it continues to build forward cover at firm levels. The Svein Moxnes Harfjeld-led company has signed a deal for the 2015-built DHT Jaguar with an unnamed global energy company. The contract is set at $75,000 per day …
https://splash247.com/dht-adds-three-year-vlcc-cover/
https://splash247.com/dht-adds-three-year-vlcc-cover/Reported incidents of piracy and armed robbery against ships in Asia have fallen to their lowest first-half tally in seven years, as a concerted crackdown in the Singapore Strait reversed last year’s alarming surge. The ReCAAP Information Sharing Centre logged 35 incidents across the region between January and June, down 64% on the 96 recorded …
https://splash247.com/singapore-strait-crackdown-sends-asian-sea-robberies-to-seven-year-low/
https://splash247.com/singapore-strait-crackdown-sends-asian-sea-robberies-to-seven-year-low/Ship operators are increasingly being caught out by bunkers that sail through ISO 8217 testing only to wreak havoc once onboard, according to Lloyd’s Register’s latest fuel quality report. While off-specification fuels remain a persistent headache, some of the most disruptive cases investigated by the classification society’s Fuel Oil Bunker Analysis and Advisory Service (FOBAS) …
https://splash247.com/hidden-bunker-defects-leave-ship-operators-exposed/
https://splash247.com/hidden-bunker-defects-leave-ship-operators-exposed/Nasdaq-listed Greek tanker owner Performance Shipping has extended the charter of its aframax Blue Moon with MISC Group’s tanker arm AET for another two years. The 2011-built, 104,623 dwt vessel will earn $43,000 per day during the first year and $38,000 per day in the second, giving an average rate of $40,500 per day. The …
https://splash247.com/performance-shipping-lifts-aframax-earnings-in-two-year-aet-extension/
https://splash247.com/performance-shipping-lifts-aframax-earnings-in-two-year-aet-extension/