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Imabari Shipbuilding has completed the acquisition of a controlling stake in Japan Marine United (JMU), a deal that reshapes Japan’s shipbuilding landscape and aligns closely with Tokyo’s longer-term ambition to consolidate and revitalise the sector in the face of rising Chinese and South Korean competition. Imabari confirmed it has taken a 60% stake in JMU, …
https://splash247.com/imabari-completes-acquisition-of-japans-second-largest-shipbuilder/
https://splash247.com/imabari-completes-acquisition-of-japans-second-largest-shipbuilder/Khalid Hashim, the managing director of Thai dry bulk concern Precious Shipping, is well known for speaking his mind in a forthright, erudite manner. In conversation with Maritime CEO, he pulls no punches while discussing the markets, and most pertinently, the events coming out of Caracas over the weekend that have subsequently led the coverage …
https://splash247.com/precious-shipping-war-over-diplomacy-and-a-reality-check-for-dry-bulk-bulls/
https://splash247.com/precious-shipping-war-over-diplomacy-and-a-reality-check-for-dry-bulk-bulls/Mediterranean Shipping Co (MSC) has wrapped up another busy spell in the secondhand market, underlining the carrier’s continued push to bulk up its fleet. The Geneva-based liner giant is understood to have bought at least eight container vessels in December alone, with market sources suggesting more deals may still be waiting to surface. Alphaliner said …
https://splash247.com/mscs-buying-spree-rolls-on/
https://splash247.com/mscs-buying-spree-rolls-on/The arrest and detention of Venezuela’s former leader Nicolás Maduro has triggered a fresh bout of volatility across tanker markets, with president Donald Trump claiming the US will take control of up to 50m barrels of sanctioned Venezuelan crude in a move that could redraw Atlantic Basin flows. Posting late Tuesday, Trump said Venezuela’s interim …
https://splash247.com/atlantic-tanker-trades-in-focus-after-us-grabs-venezuelan-barrels/
https://splash247.com/atlantic-tanker-trades-in-focus-after-us-grabs-venezuelan-barrels/Suez Canal traffic remains sharply lower more than three months after the last reported Houthi attack, underlining how slow ship operators have been to return to the Red Sea route. According to BIMCO, it has now been 100 days since the last vessel was attacked, when the Minervagracht was hit on September 29. The Houthis …
https://splash247.com/suez-traffic-still-60-down-100-days-after-last-houthi-attack/
https://splash247.com/suez-traffic-still-60-down-100-days-after-last-houthi-attack/Today, Friday, January 02 2026, the Baltic Dry Index climbed by 05 points, reaching 1882 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1882-up-05-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1882-up-05-points/Today, Monday, January 05 2025, the Baltic Dry Index decreased by 31 points, reaching 1851 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1851-down-31-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1851-down-31-points/Today, Tuesday, January 06 2025, the Baltic Dry Index decreased by 21 points, reaching 1830 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1830-down-21-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1830-down-21-points/Venezuelan and U.S. officials are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday.Venezuela has millions of barrels of oil loaded on tankers and in…
https://www.marinelink.com/news/venezuela-us-talks-export-venezuelan-oil-534073
https://www.marinelink.com/news/venezuela-us-talks-export-venezuelan-oil-534073Lila Global, a ship owner operating crude oil and chemical/product tankers, has joined the International Association of Independent Tanker Owners (INTERTANKO).Lila Global operates eight tankers trading across crude oil and refined product markets.
https://www.marinelink.com/news/lila-global-joins-intertanko-534076
https://www.marinelink.com/news/lila-global-joins-intertanko-534076