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Three different owners have emerged as the likely customers behind a newly announced 13-vessel containership package at CSSC Huangpu Wenchong Shipbuilding. The Guangzhou-based yard and CSSC Trading recently disclosed contracts covering 13 boxships of 5,000 teu and above, comprising three 5,300 teu ships, four 6,200 teu units and six 6,400 teu vessels. Multiple shipbroking and …
https://splash247.com/trio-of-owners-emerge-behind-13-ship-huangpu-wenchong-boxship-haul/
https://splash247.com/trio-of-owners-emerge-behind-13-ship-huangpu-wenchong-boxship-haul/Australian iron ore producer Fenix Resources is expanding further down the logistics chain, forming a shipping partnership with dry bulk operator Mira Bulk in a move aimed at cutting freight costs and supporting its production ramp-up. The ASX-listed company announced the creation of the Fenix-Mira Bulk joint venture, which will give Fenix preferential access to …
https://splash247.com/fenix-resources-moves-into-shipping-with-mira-bulk-partnership/
https://splash247.com/fenix-resources-moves-into-shipping-with-mira-bulk-partnership/Fortescue and CMB.TECH have signed an agreement covering the charter of up to 12 ammonia-capable newcastlemax bulk carriers, in what the two companies describe as a major step towards scaling zero-emission shipping. Under the deal, Fortescue will take on a fleet of 210,000 dwt vessels from Bocimar, the dry bulk arm of CMB.TECH. Up to …
https://splash247.com/fortescue-lines-up-dozen-ammonia-capable-newcastlemaxes-from-cmb-tech/
https://splash247.com/fortescue-lines-up-dozen-ammonia-capable-newcastlemaxes-from-cmb-tech/Confusion over the status of the Strait of Hormuz deepened over the weekend as the United States and Iran issued contradictory statements on whether the crucial energy chokepoint is open to commercial shipping. The uncertainty is creating a growing disconnect between political declarations and operational reality, with vessel movements remaining a fraction of normal levels …
https://splash247.com/washington-and-tehran-issue-conflicting-messages-on-hormuz-transits/
https://splash247.com/washington-and-tehran-issue-conflicting-messages-on-hormuz-transits/Venezuela’s seaborne crude exports have more than doubled this year, providing a fresh source of tanker demand and increasing South America’s importance in global oil trade flows. According to Signal Ocean data, Venezuelan crude liftings have risen for six consecutive months, climbing from around 620,000 barrels per day in January to approximately 1.5m barrels per …
https://splash247.com/venezuelan-crude-exports-more-than-double/
https://splash247.com/venezuelan-crude-exports-more-than-double/Asia Shipping Media, the Singapore-headquartered maritime media, events and intelligence company, has rebranded as Splash Maritime Group, reflecting the company’s evolution from a regional publishing business into a diversified global maritime information platform. Founded by Grant Rowles and Sam Chambers, the company has grown significantly since the launch of SinoShip magazine back in 2012. Today, …
https://splash247.com/asia-shipping-media-rebrands-as-splash-maritime-group/
https://splash247.com/asia-shipping-media-rebrands-as-splash-maritime-group/Capesize The market staged an impressive late-week recovery to finish on a significantly firmer footing, with improving sentiment driven primarily by renewed strength in the Pacific. Having come under pressure through the early part of the week, the market reversed course, with the BCI 182 5TC climbing sharply to close at $37,631, up from $36,756 ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesizes-stage-strong-recovery/
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesizes-stage-strong-recovery/The digitalization trend in offshore energy operations is hardly news, but the speed of technology evolution, driven by artificial intelligence with the companion threat of cyber breaches offers as many questions as answers, as many challenges as opportunities.
https://www.marinelink.com/news/abs-fortifies-digital-remote-support-540475
https://www.marinelink.com/news/abs-fortifies-digital-remote-support-540475Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions set by Tehran for using the vital waterway.Washington…
https://www.marinelink.com/news/oil-shipments-hormuz-pick-back-end-540490
https://www.marinelink.com/news/oil-shipments-hormuz-pick-back-end-540490Brent crude ticked slightly higher on Friday but was still on track for a more than 8% weekly decline after Israel and Hezbollah agreed to a ceasefire and tanker traffic through the Strait of Hormuz increased.Brent crude futures were up 20 cents, or 0.25%, at $80.05 a barrel by 10:55 a.m.
https://www.marinelink.com/news/brent-oil-remains-track-weekly-decline-540492
https://www.marinelink.com/news/brent-oil-remains-track-weekly-decline-540492