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Donald Trump has reached a trade deal framework with the European Union with a US tariff on all EU goods of 15%, adding to earlier trade deals struck with the UK, Japan, Indonesia, the Philippines and Vietnam. As part of the deal, in good news for tanker owners, the EU has committed to spend $750bn …
https://splash247.com/trump-hails-trade-deal-with-the-eu/
https://splash247.com/trump-hails-trade-deal-with-the-eu/Argentina is poised to become a far more prominent fixture on the global crude oil shipping landscape, with soaring shale output and major infrastructure investments unlocking new export opportunities and driving increased demand for mid- and large-size tankers. At the heart of this transformation is the country’s prolific Vaca Muerta shale formation, whose production hit …
https://splash247.com/argentina-rises-on-the-global-tanker-map-as-shale-exports-surge/
https://splash247.com/argentina-rises-on-the-global-tanker-map-as-shale-exports-surge/The LNG carrier demolition market has shifted into high gear in 2025, with a record number of vessels sold for recycling—underscoring a sector-wide pivot away from ageing steam turbine tonnage amid a period of low spot rates. Multiple broking sources report Abu Dhabi’s Adnoc Logistics & Services has just sold its two oldest gas carriers, …
https://splash247.com/2025-becomes-record-year-for-lng-carrier-scrapping/
https://splash247.com/2025-becomes-record-year-for-lng-carrier-scrapping/Yemen’s Houthi rebels on Sunday declared an escalation in their maritime campaign, announcing they will now target any ships belonging to companies that do business with Israeli ports, regardless of flag, ownership, or destination. The warning, delivered in a televised statement by the group’s military spokesperson, marks what the Iran-aligned militants described as the “fourth …
CK Hutchison, the Hong Kong-based conglomerate, confirmed on Monday that it is in discussions to bring a “major strategic investor” from China into the bidding consortium for its $22.8bn global ports business. The move follows the expiration of a 145-day exclusivity agreement with the original buyers’ group and comes amid intensifying regulatory scrutiny from Beijing. …
The world’s largest container carrier is planning a historic renewal of its feeder fleet. Broker Braemar is reporting a “megaproject” is in the works for Mediterranean Shipping Co (MSC) with the Soren Toft-led company looking to order up to 120 vessels ranging in size between 1,100 and 5,000 teu. “Looking at MSC’s fleet this would …
https://splash247.com/msc-plans-historic-renewal-of-ageing-feeder-network/
https://splash247.com/msc-plans-historic-renewal-of-ageing-feeder-network/Yemen's Houthis said on Sunday they would target any ships belonging to companies that do business with Israeli ports, regardless of their nationalities, as part of what they called the fourth phase of their military operations against Israel.In a televised statement…
https://www.marinelink.com/news/houthis-threaten-ships-linked-firms-528348
https://www.marinelink.com/news/houthis-threaten-ships-linked-firms-528348CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalised anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended.The Hong Kong conglomerate's plan to sell the business…
https://www.marinelink.com/news/ck-hutchison-deal-deadline-likely-528349
https://www.marinelink.com/news/ck-hutchison-deal-deadline-likely-528349Thirteen people were confirmed dead with dozens more missing after a boat ferrying around 100 passengers capsized on Saturday in Niger state in north-central Nigeria as they headed to market, authorities said on Sunday.Twenty-six people, mostly women and children…
https://www.marinelink.com/news/thirteen-dead-dozens-missing-nigeria-boat-528350
https://www.marinelink.com/news/thirteen-dead-dozens-missing-nigeria-boat-528350Ukrainian drones targeted St. Petersburg on Sunday, Russian authorities said, forcing the airport to close for five hours as Vladimir Putin marked Russia's Navy Day in the city, despite the earlier cancellation of its naval parade due to security concerns.St.
https://www.marinelink.com/news/ukrainian-drones-target-putins-navy-day-528351
https://www.marinelink.com/news/ukrainian-drones-target-putins-navy-day-528351