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The 300,000 dwt Alter Ego—a vessel with a storied past—has changed hands for the ninth time in its 19-year lifespan. Greek outfit Cavalli Marine, known for its preference for vintage tonnage, reportedly sold the Chinese-built tanker to Chinese buyers for around $42m, netting an estimated $3m profit, excluding any gains from chartering. The transaction highlights …
https://splash247.com/famous-vlcc-sold-for-ninth-time/
https://splash247.com/famous-vlcc-sold-for-ninth-time/Strategic Marine has delivered TMS Tah Muang fast crew boat to Truth Maritime Services (TMS), a subsidiary of the Prima Marine Group.The latest 42-metre Generation 4 Fast Crew Boat (FCB) marks the fourth high-performance vessel delivered by Strategic Marine to TMS since 2024…
https://www.marinelink.com/news/strategic-marine-delivers-fourth-fast-527174
https://www.marinelink.com/news/strategic-marine-delivers-fourth-fast-527174At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes on Iran, shiptracking data shows, as more than a week of violence in the region prompts vessels to speed, pause, or alter their journeys.Washington's…
https://www.marinelink.com/news/tankers-transiting-strait-hormuz-face-527182
https://www.marinelink.com/news/tankers-transiting-strait-hormuz-face-527182Iran's Supreme National Security Council must make the final decision on whether to close the Strait of Hormuz following U.S. bombing raids, Iran's Press TV said on Sunday, after parliament was reported to have backed the measure.Iran has long used the threat of closing the Strait…
https://www.marinelink.com/news/irans-top-security-body-weigh-strait-527184
https://www.marinelink.com/news/irans-top-security-body-weigh-strait-527184Three empty oil and chemical tankers have diverted away from the Strait of Hormuz and changed course, Marine Traffic ship tracking data showed on Monday, amid growing uncertainty over whether Iran will take reprisal action in the vital waterway after U.S.
https://www.marinelink.com/news/three-tankers-shift-course-hormuz-strait-527185
https://www.marinelink.com/news/three-tankers-shift-course-hormuz-strait-527185China’s soybean imports from Brazil surged 37.5% in May from a year earlier, data showed on Friday, as buyers scooped up South America’s bumper crop, while supplies from the United States also rose 28.3%. The world’s biggest soybean buyer imported 12.11 million metric tons of the oilseed from Brazil last month, compared with 8.81 million ...
https://www.hellenicshippingnews.com/chinas-may-soybean-imports-from-brazil-jump-37-5-y-y/
https://www.hellenicshippingnews.com/chinas-may-soybean-imports-from-brazil-jump-37-5-y-y/French crew transfer vessel (CTV) player TSM Windcat has secured long-term contracts for two of its hydrogen-ready units. The partnership between TSM Group and Windcat, part of Antwerp-based shipping and logistics giant CMB.TECH will provide the CTVs to Les Éoliennes en Mer Services, a consortium of Ocean Winds, Sumitomo Corporation, and Caisse des Dépôts. The …
https://splash247.com/tsm-windcat-bags-contracts-for-ctv-pair/
https://splash247.com/tsm-windcat-bags-contracts-for-ctv-pair/Former platform supply vessel (PSV) investment outfit Standard Supply has transitioned to the cryptocurrency market. The Oslo-listed company has rebranded as StandardCoin and announced a $5m investment in bitcoin. Earlier this month, StandardCoin, backed by prominent Norwegian investor Øystein Stray Spetalen, revealed it will be shifting its focus to digital assets after closing the chapter …
https://splash247.com/former-psv-outfit-standard-supply-dives-into-crypto-as-standardcoin/
https://splash247.com/former-psv-outfit-standard-supply-dives-into-crypto-as-standardcoin/Japanese shipping major Nippon Yusen Kaisha (NYK) is buying Kadmos, a global end-to-end maritime salary payments platform founded four years ago in Germany. In 2019, NYK established MarCoPay in Manila as a financial services platform. MarCoPay has since evolved to offer loans and insurance designed to support the well-being of Filipino seafarers and their families. …
https://splash247.com/nyk-buys-german-crew-payment-platform/
https://splash247.com/nyk-buys-german-crew-payment-platform/Dutch reefer specialist Seatrade has placed a newbuilding order for a series of up to eight 2,800 teu vessels at Huanghai Shipbuilding in China. The initial contract covers two firm vessels scheduled for delivery in 2027, with options for six additional ships. Financial terms have not been disclosed. The Groningen-based firm is listed with ten …
https://splash247.com/seatrade-books-2800-teu-newbuild-series/
https://splash247.com/seatrade-books-2800-teu-newbuild-series/