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The Brazilian state-controlled oil company Petrobras has emerged as one of the biggest gainers in the crude tanker market during the first half of 2026, as disruption in the Middle East shifted tanker demand towards Atlantic Basin crude flows. According to Poten & Partners’ Tanker Midterms report, Unipec retained its position as the largest reported dirty …
https://splash247.com/petrobras-rises-as-unipecs-tanker-dominance-weakens/
https://splash247.com/petrobras-rises-as-unipecs-tanker-dominance-weakens/ADNOC Logistics & Services has taken its recent bulker buying spree to four ships, committing just under $74m to secondhand tonnage over the past few months, according to sales register data from VesselsValue. The latest purchase to emerge is the Aliya, a 61,500 dwt ultramax formerly named Haato, which was sold by Greek owner Newport. …
https://splash247.com/adnoc-ls-bulker-spending-nears-74m-with-fourth-acquisition/
https://splash247.com/adnoc-ls-bulker-spending-nears-74m-with-fourth-acquisition/Chicago, America’s third-largest city, is effectively getting its first ocean-served container terminal as Ports of Indiana-Burns Harbor prepares to open a new sea cargo box facility this year. The terminal, located in Portage, Indiana, around 20 miles from Chicago, will be the only all-water container gateway serving the Greater Chicago market via the Great Lakes …
https://splash247.com/burns-harbor-brings-ocean-boxes-to-chicagos-doorstep/
https://splash247.com/burns-harbor-brings-ocean-boxes-to-chicagos-doorstep/The security situation in the Strait of Hormuz has deteriorated sharply after a 7,000 teu container vessel operated by Global Feeder Shipping was attacked over the weekend and caught fire, triggering a new round of US and Iranian strikes across the region. The crew abandoned ship and have been rescued, although separate reports from Oman …
https://splash247.com/hormuz-security-collapses-after-boxship-attack/
https://splash247.com/hormuz-security-collapses-after-boxship-attack/Russia has been forced to suspend shipping through the Sea of Azov after Ukrainian drones targeted scores of Russia-linked vessels in less than a week, in the latest escalation of Kyiv’s campaign against Moscow’s maritime logistics. Ukraine’s unmanned systems chief Robert Brovdi said his units hit 10 tankers and four ferries overnight on Sunday, alongside …
https://splash247.com/ukraine-drone-strikes-force-azov-shipping-halt/
https://splash247.com/ukraine-drone-strikes-force-azov-shipping-halt/Wolfgang Lehmacher on a Chinese invention that could revolutionise world trade. Chinese shipbuilding company Jiangnan Shipyard has dropped a wildcard onto the maritime table: a floating, nuclear-powered logistics hub that acts as a container terminal, power station, and green-fuel factory far out at sea. Unveiled at the Posidonia exhibition in Athens, this concept feels like …
https://splash247.com/jiangnans-radical-offshore-nuclear-floating-port-concept/
https://splash247.com/jiangnans-radical-offshore-nuclear-floating-port-concept/Shanghai-listed China Merchants Energy Shipping has laid out plans for 10 newbuildings across three shipping segments. The diversified shipping arm of China Merchants Group said its board had approved the construction of five scrubber-fitted aframax tankers at CSSC Dalian Shipbuilding, with deliveries starting in 2029. CMES said the ships form part of a plan to …
https://splash247.com/china-merchants-energy-lines-up-10-ship-order/
https://splash247.com/china-merchants-energy-lines-up-10-ship-order/UK P&I Club and TT Club have received strong shareholder backing for their proposed acquisition of Thomas Miller Holdings, with acceptances now above 89%. The offer was made on June 18 by TMH Bidco, a special-purpose vehicle jointly established by the two clubs to carry out the transaction. Completion is expected in the fourth quarter …
https://splash247.com/thomas-miller-shareholders-back-uk-club-and-tt-club-takeover/
https://splash247.com/thomas-miller-shareholders-back-uk-club-and-tt-club-takeover/Kongsberg Maritime has agreed to acquire Swedish propulsion specialist Berg Propulsion in a deal designed to broaden its reach across commercial vessel segments and deepen its aftermarket business. Financial terms were not disclosed. Kongsberg said the transaction is priced at approximately the same EV/EBITDA level as its own current market valuation and remains subject to …
https://splash247.com/kongsberg-maritime-buys-berg-propulsion/
https://splash247.com/kongsberg-maritime-buys-berg-propulsion/The number of vessels transiting the Strait of Hormuz fell to multi-week lows on Sunday, shipping data showed, as renewed strikes between the U.S. and Iran and attacks on ships in the Middle East heightened safety concerns.Six vessels transited the strait on Sunday…
https://www.marinelink.com/news/hormuz-traffic-falls-fiveweek-low-541147
https://www.marinelink.com/news/hormuz-traffic-falls-fiveweek-low-541147