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The United States has seized a VLCC in the Indian Ocean carrying more than 1m barrels of Iranian crude, the third Iranian-linked vessel grabbed by Washington since it launched military action against Tehran in February. The 302,500 dwt Skywave (built 2005) was reportedly loaded at Iran’s Kharg Island and was sailing west of Malaysia after …
https://splash247.com/us-seizes-iran-linked-vlcc-in-indian-ocean/
https://splash247.com/us-seizes-iran-linked-vlcc-in-indian-ocean/For many shipping executives, retirement marks the end of a long career. For Aga Nagarajan, it has marked the start of something entirely new. After nearly three decades at Hong Kong’s Fleet Management, including serving as executive director, the veteran shipmanager is now building his own platform in Singapore through newly launched Nura Shipco Management. …
https://splash247.com/nura-shipco-not-the-retiring-type-of-manager/
https://splash247.com/nura-shipco-not-the-retiring-type-of-manager/A sale by shipping titan George Procopiou has emerged. The Greek owner has landed a standout price for one of his older suezmax tankers, selling the 2008-built Gladiator for around $65m. The 149,944 dwt Universal-built tanker, now renamed Visund, comes amid a period of extraordinary earnings for the tanker sector in the 11th week of …
https://splash247.com/dynacom-lands-65m-for-ageing-suezmax/
https://splash247.com/dynacom-lands-65m-for-ageing-suezmax/The United States has charged seven Chinese executives and four of the world's largest shipping container companies with conspiring to restrict supply, raising the price of containers during the COVID pandemic, Department of Justice officials…
https://www.marinelink.com/news/us-charges-executives-firms-container-539390
https://www.marinelink.com/news/us-charges-executives-firms-container-539390NATO is not drawing up any plans for a potential mission in the Strait of Hormuz and would need a political decision to do so, its top commander said on Tuesday, amid suggestions by some members that the alliance could play a role there.Any…
https://www.marinelink.com/news/nato-not-drawing-plans-hormuz-mission-539391
https://www.marinelink.com/news/nato-not-drawing-plans-hormuz-mission-539391Israeli forces opened fire on at least two vessels in an aid flotilla sailing towards Gaza on Tuesday, according to video footage and flotilla organisers, but Israel said no live ammunition was used and there were no casualties.The flotilla…
https://www.marinelink.com/news/israeli-forces-fired-shots-gaza-flotilla-539392
https://www.marinelink.com/news/israeli-forces-fired-shots-gaza-flotilla-539392The IMO and World Maritime University (WMU) have released a new Handbook on Gender Mainstreaming in the Maritime Sector, calling for action to address persistent gender inequality across the global maritime industry.The handbook, authored by WMU Professor Momoko Kitada…
https://www.marinelink.com/news/watch-kitada-explains-gender-539394
https://www.marinelink.com/news/watch-kitada-explains-gender-539394The South African Veterinary Association’s (SAVA) has released a formal position statement opposing the export of live animals by sea for slaughter at destination.SAVA joins many other international veterinary associations in condemning this practice.
https://www.marinelink.com/news/south-african-veterinary-association-539395
https://www.marinelink.com/news/south-african-veterinary-association-539395Two Chinese supertankers carrying 4 million barrels of Middle East crude oil exited the Strait of Hormuz on Wednesday after waiting in the Gulf for more than two months, shipping data on LSEG and Kpler showed.The ships are among a handful of supertankers carrying Iraqi crude exiting the Gulf this mo
https://www.marinelink.com/news/two-chinese-vlccs-exit-strait-hormuz-539396
https://www.marinelink.com/news/two-chinese-vlccs-exit-strait-hormuz-539396The capacity surge is coming for the tanker sector with new research suggesting 2026 is on track to see the highest amount of tanker newbuild orders on record. The first four and a half months of the year already represent the fifth highest total amount of tanker orders this millennium according to investment bank Evercore …
https://splash247.com/tanker-orders-on-a-path-to-the-highest-annual-totals-on-record/
https://splash247.com/tanker-orders-on-a-path-to-the-highest-annual-totals-on-record/