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Chinese owner Zhejiang Yonghang Shipping has moved to expand its dry bulk fleet with an order for up to six ultramax bulk carriers at Yangfan Group. The two sides have signed a contract covering four firm 64,500 dwt vessels plus options for two additional ships, according to information released by the shipbuilder. The vessels have …
https://splash247.com/zhejiang-yonghang-books-up-to-six-ultramaxes-at-yangfan/
https://splash247.com/zhejiang-yonghang-books-up-to-six-ultramaxes-at-yangfan/US-listed dry bulk owner Genco Shipping & Trading has moved to reassure shareholders over its controversial shareholder rights plan, pledging to limit its use and seek investor approval for any future extension as its proxy fight with Greece’s Diana Shipping enters its final stretch. The move came hours after Diana renewed its campaign ahead of …
https://splash247.com/genco-softens-poison-pill-stance/
https://splash247.com/genco-softens-poison-pill-stance/The violent Hormuz shipping crisis made many headlines this week with fresh attacks between the US and Iran and tanker strikes off Oman that killed three seafarers. Hopes of a near-term resolution rose on Thursday after President Trump suggested a US-Iran peace deal could be signed as early as this weekend. Tehran was more guarded, …
https://splash247.com/splash-wrap-trading-missiles/
https://splash247.com/splash-wrap-trading-missiles/The global race to secure critical minerals is reshaping trade flows, industrial policy and supply chains, creating new opportunities and challenges for the shipping industry, according to a new report from UN Trade and Development (UNCTAD). In its latest Global Trade Update, UNCTAD said demand for minerals essential to the energy transition and advanced technologies …
https://splash247.com/critical-minerals-reshaping-global-trade-unctad/
https://splash247.com/critical-minerals-reshaping-global-trade-unctad/Hard divorce data is sparse, but a growing body of research suggests that family separation, work-family conflict and mental-health strain are becoming a structural shipping risk. The shipping industry can tell you how many ships it has, how many seafarers it needs and how many containers it moves. What it still cannot tell you with …
https://splash247.com/the-emotional-cost-of-keeping-global-trade-moving/
https://splash247.com/the-emotional-cost-of-keeping-global-trade-moving/The French energy ministry announced that it will open on Friday the long-awaited tenders for 10 gigawatts worth of offshore wind project, mainly located on France's westcoast.Some companies have scrapped their offshore wind development plans…
https://www.marinelink.com/news/france-opens-tenders-gw-offshore-wind-540222
https://www.marinelink.com/news/france-opens-tenders-gw-offshore-wind-540222The Austrian livestock dealer allegedly responsible for the weeks of livestock suffering and death on the Spiridon II is to appear before the Krems Regional Court in Austria on Friday as part of a civil lawsuit. The importers of the animals…
https://www.marinelink.com/news/spiridon-ii-livestock-transport-organizer-540224
https://www.marinelink.com/news/spiridon-ii-livestock-transport-organizer-540224The Los Angeles Board of Harbor Commissioners has approved a $3.4 billion annual budget for Fiscal Year (FY) 2026/27 for the Port of Los Angeles. The financial blueprint calls for increased investments in Port operational and community public-access infrastructure…
https://www.marinelink.com/news/los-angeles-adopts-billion-port-budget-540225
https://www.marinelink.com/news/los-angeles-adopts-billion-port-budget-540225WISTA Norway has named Trygve Nøkleby, Managing Director of the Bergen Shipowners Association, the recipient of the 20th annual WISTA Norway Leadership Award, presented at the Bergen International Shipping Conference on June 10.With the honor…
https://www.marinelink.com/news/trygve-nkleby-receives-th-wista-norway-540227
https://www.marinelink.com/news/trygve-nkleby-receives-th-wista-norway-540227Iranian forces prevented a tanker from transiting the Strait of Hormuz without coordination, state media reported early on Friday.Iranian media earlier reported sounds of explosions near Bandar Abbas, but state news agency IRNA later said no explosions had been reported in the port city and that any
https://www.marinelink.com/news/iran-prevents-tanker-entering-strait-540228
https://www.marinelink.com/news/iran-prevents-tanker-entering-strait-540228