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Zhejiang Shipping Group has moved into the capesize arena, with the delivery of its first newcastlemax bulk carrier. The 2019-built, 210,000 dwt ZH Dampier becomes the first newcastlemax vessel controlled by the group since its restructuring. The giant ship is operated under an operating lease arrangement with China Merchants Leasing. Financial details of the lease …
https://splash247.com/zhejiang-shipping-enters-cape-sector-with-newcastlemax-acquisition/
https://splash247.com/zhejiang-shipping-enters-cape-sector-with-newcastlemax-acquisition/Belgian shipowner CMB.TECH has agreed the sale of eight vessels across its tanker and dry bulk fleets, booking a combined capital gain of around $269.2m. The Antwerp-based group said the largest part of the transaction comes from the sale of six VLCCs under its Euronav platform. The vessels sold are the 2007-built Daishan, the 2011-built …
https://splash247.com/cmb-tech-cashes-in-on-vlcc-and-capesize-sales/
https://splash247.com/cmb-tech-cashes-in-on-vlcc-and-capesize-sales/A suezmax tanker was struck by a drone while transiting the Black Sea on Wednesday, according to a casualty report. The Palau-flagged Elbus, a 2005-built, 159,062 dwt tanker, was sailing eastbound around 30 miles off the Turkish coast when it experienced what was described as an unmanned marine vehicle and drone attack. Tracking data shows …
https://splash247.com/suezmax-tanker-damaged-in-black-sea-drone-attack/
https://splash247.com/suezmax-tanker-damaged-in-black-sea-drone-attack/The US Energy Department signalled yesterday it will begin selectively removing sanctions to allow Venezuelan oil to be shipped and sold into global markets. In a policy outline published on Wednesday, the department said the Trump administration aims to reintroduce Venezuelan crude under controlled conditions, even as enforcement against sanctioned shipping intensifies. The contradiction was …
https://splash247.com/washington-opens-the-oil-tap-even-as-venezuela-tankers-are-hunted-down/
https://splash247.com/washington-opens-the-oil-tap-even-as-venezuela-tankers-are-hunted-down/he Trump administration yesterday announced it is withdrawing from 66 organisations, a mixture of NGOs and United Nations’ bodies. Of note for the shipping industry is the US decision to pull out of the Regional Cooperation Agreement on Combatting Piracy and Armed Robbery against Ships in Asia (RECAAP), as well as the UN Conference on …
https://splash247.com/trump-quits-anti-piracy-and-trade-bodies-in-broad-un-retreat/
https://splash247.com/trump-quits-anti-piracy-and-trade-bodies-in-broad-un-retreat/ALMACO Group has announced the successful delivery of provision stores onboard Celebrity Cruises’ fifth Edge-class vessel, Celebrity Xcel, built at Chantiers de l’Atlantique. The project was delivered in October 2025 and marks another milestone in the ongoing collaboration between ALMACO Group…
https://www.marinelink.com/news/almaco-group-delivers-provision-stores-534142
https://www.marinelink.com/news/almaco-group-delivers-provision-stores-534142The new Polish Navy rescue vessel “Ratownik," currently under construction at PGZ Stocznia Wojenna, will be equipped with a propulsion package supplied by SCHOTTEL. Designed to replace the Navy’s existing rescue units, the ship will enhance…
https://www.marinelink.com/news/schottel-provides-propulsion-package-534145
https://www.marinelink.com/news/schottel-provides-propulsion-package-534145Damen Naval has expanded Colombian involvement by contracting Georg Fischer for the PES project in LATAM. Under this project, a Damen SIGMA frigate will be built by COTECMAR, at their shipyard in Cartagena. Georg Fischer in LATAM has been contracted…
https://www.marinelink.com/news/georg-fischer-latam-contracted-plastic-534146
https://www.marinelink.com/news/georg-fischer-latam-contracted-plastic-534146The US forces have seized two Venezuela-linked tankers, one after a two-week chase, a name change, and reports of a Russian submarine nearby. One of the tankers seized by US authorities is the 2002-built VLCC Marinera, formerly known as the Bella 1. While still under its previous name, the US Coast Guard tried to intercept …
https://splash247.com/us-seizes-renamed-venezuela-linked-vlcc-after-weeks-long-chase/
https://splash247.com/us-seizes-renamed-venezuela-linked-vlcc-after-weeks-long-chase/Oil extended declines on Wednesday as investors digested statements from President Donald Trump that the U.S. had reached a deal to import up to $2 billion worth of Venezuelan crude, a move that would lift supplies to the world's largest oil consumer.Brent crude futures were down 40 cents…
https://www.marinelink.com/news/oil-edges-lower-us-reaches-import-deal-534124
https://www.marinelink.com/news/oil-edges-lower-us-reaches-import-deal-534124