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For the third week running, capesize and newcastlemax sales are dominating broking reports, though the seller profile is beginning to shift. Earlier activity was primarily driven by Greek owners offloading vintage tonnage to Chinese buyers, but this week has been marked by a rare modern sale. Korean owner Sinokor is reported to have sold the …
https://splash247.com/sinokor-offloads-five-year-old-newcastlemax-for-73-5m/
https://splash247.com/sinokor-offloads-five-year-old-newcastlemax-for-73-5m/Danish shipping giant Norden has signed a logistics contract in Guinea with Africa Oil Supply (AOS), commencing in early 2026. The contract sees Norden transporting bauxite on panamax vessels from the Compagnie des Bauxites de Guinee (CBG) jetty out to a transhipment site, from where the cargo will be deployed onto capesize vessels via floating …
https://splash247.com/norden-wins-bauxite-work-in-guinea/
https://splash247.com/norden-wins-bauxite-work-in-guinea/Eyesea and EVI Safety Technologies are rolling out an artificial intelligence system designed to detect and report containers lost overboard using standard onboard cameras. Following development and testing in simulation environments, the technology is now ready for trials aboard operational vessels. The system uses computer vision and machine learning, using onboard deck and bridge cameras …
https://splash247.com/container-overboard-detection-and-reporting-system-launched/
https://splash247.com/container-overboard-detection-and-reporting-system-launched/Roar Adland, SSY’s head of research, gives his 2026 shipping market outlook. After six long years of continuous disruption, starting with covid in January 2020, shipping analysts can be forgiven for longing back to the good ol’ days when only supply and demand fundamentals and perhaps a sprinkling of market sentiment actually mattered. The past …
https://splash247.com/have-we-passed-peak-chaos/
https://splash247.com/have-we-passed-peak-chaos/The escalation of attacks on commercial shipping in the wider Black Sea region took a deadly turn early Thursday after a Ukrainian drone strike hit a tanker docked at the southern Russian port of Rostov-on-Don, killing two crewmembers and setting the vessel ablaze. Russian news agencies quoted Rostov-on-Don mayor Alexander Skryabin as saying: “Emergency teams …
https://splash247.com/fatal-drone-strike-on-tanker-in-rostov-on-don/
https://splash247.com/fatal-drone-strike-on-tanker-in-rostov-on-don/Venezuela has begun deploying naval escorts for vessels carrying oil byproducts as they depart its ports, underscoring a rapid escalation in maritime tensions following US president Donald Trump’s threat of a “total and complete” blockade of sanctioned oil tankers trading to and from the country. According to The New York Times, Venezuelan vessels loaded with …
https://splash247.com/venezuela-rolls-out-naval-escorts-as-tanker-standoff-with-us-intensifies/
https://splash247.com/venezuela-rolls-out-naval-escorts-as-tanker-standoff-with-us-intensifies/The Trump administration is reviewing whether to send the Interior Department's Biden-era approval of a Virginia offshore wind project back to the agency for reconsideration, according to a court document filed on Wednesday.The agency is conducting…
https://www.marinelink.com/news/us-government-takes-look-virginia-533644
https://www.marinelink.com/news/us-government-takes-look-virginia-533644British defence, marine and industrial firm Inocea Group is in talks to buy warship builder German Naval Yards Kiel (GNYK), a person familiar with the matter said, highlighting growing demand for defence assets fuelled by geopolitical tensions.The interest suggests bidding competition for GNYK…
https://www.marinelink.com/news/inocea-group-looks-acquire-warship-533647
https://www.marinelink.com/news/inocea-group-looks-acquire-warship-533647The bp Board has appointed Meg O’Neill as bp’s next CEO effective April 1m 2026.Murray Auchincloss is stepping down from his position as CEO and director of the Board, effective December 18. Carol Howle, current executive vice president, supply…
https://www.marinelink.com/news/woodsides-meg-oneill-serve-next-ceo-bp-533663
https://www.marinelink.com/news/woodsides-meg-oneill-serve-next-ceo-bp-533663Ukrainian drones hit a tanker in the southern Russian port of Rostov-on-Don, killing and injuring a number of people and sparking a fire, the city's mayor was quoted as saying early on Thursday."Emergency teams are extinguishing the fire on the tanker that was struck while docked in a drone attack…
https://www.marinelink.com/news/ukrainian-drones-hit-tanker-russias-533664
https://www.marinelink.com/news/ukrainian-drones-hit-tanker-russias-533664