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U.S. missiles struck targets across Iran, reaching as far as its Caspian coast, on Friday after President Donald Trump vowed "major military punishment" for Tehran and its Houthi allies in Yemen for extending the Middle East war to a second major shipping chokepoint…
https://www.marinelink.com/news/us-missiles-strike-across-iran-houthis-541513
https://www.marinelink.com/news/us-missiles-strike-across-iran-houthis-541513Today, Friday, July 24 2026, the Baltic Dry Index climbed 18 points, reaching 2743 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 hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2743-up-18-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2743-up-18-points/Belgium has approved a revised framework to relaunch the tender for PEZ 1 in the Princess Elisabeth Zone, clearing the way for a new offshore wind round after the previous process was halted last year. Energy minister Mathieu Bihet said the government paused the earlier tender in July 2025 because key conditions were missing, including …
https://splash247.com/belgium-rewrites-rules-for-delayed-offshore-wind-auction/
https://splash247.com/belgium-rewrites-rules-for-delayed-offshore-wind-auction/Shanghai-based Huarun Dadong Dockyard has secured a contract for the Sparta retrofit project, which will convert a semisub rig into a 600-person floating accommodation rig, marking one of China’s more substantive rig-conversion projects in recent years. The yard signed the deal with Hong Kong-based China Merchants Harbour Engineering. The 2010-built 6th-generation deepwater drilling rig, built by Singapore’s …
https://splash247.com/chinese-yard-to-turn-semisub-into-floating-accommodation-unit/
https://splash247.com/chinese-yard-to-turn-semisub-into-floating-accommodation-unit/China has launched its largest hydrogen-powered inland cargo vessel as developers move beyond demonstration projects towards a commercial network of zero-emission ships across the Pearl River basin. The 2,000-tonne Yun Tao No 1 entered the water at Zhaoqing in Guangdong province earlier this month. The vessel was developed by Guangdong Yuntao Hydrogen Energy Technology with …
https://splash247.com/china-launches-largest-hydrogen-powered-inland-cargo-ship/
https://splash247.com/china-launches-largest-hydrogen-powered-inland-cargo-ship/On Thursday, South Korea’s leading shipbuilders unveiled a wave of US partnerships covering naval vessels, LNG bunkering ships, smart yards and workforce training as Washington opened the operational centre for its $150bn shipbuilding alliance with Seoul. The Korea-US Shipbuilding Partnership Center opened in Washington on Thursday as the headquarters for the Make American Shipbuilding Great …
https://splash247.com/korean-yards-roll-out-us-projects-as-lutnick-demands-ships-not-mous/
https://splash247.com/korean-yards-roll-out-us-projects-as-lutnick-demands-ships-not-mous/Donald Trump has imposed a fresh round of double-digit tariffs on 60 trading partners just as this year’s unusually early US container peak season begins to fade. The duties, introduced under Section 301 of the Trade Act, replace temporary worldwide tariffs that expired on Friday. Imports from 18 economies, including the UK, India, Canada and …
https://splash247.com/trump-tariff-reset-clouds-liners-post-peak-season/
https://splash247.com/trump-tariff-reset-clouds-liners-post-peak-season/The European Union has added another 41 vessels to its Russian shadow fleet blacklist while granting Greek shipowner Dynagas a temporary reprieve from restrictions on carrying Russian LNG to countries outside the bloc. The new listings take the number of sanctioned ships to 673. They include non-EU tankers accused of circumventing the G7 oil price …
https://splash247.com/dynagas-wins-reprieve-in-latest-eu-sanctions-package/
https://splash247.com/dynagas-wins-reprieve-in-latest-eu-sanctions-package/Eleven people have been convicted over a failed attempt to retrieve 500 kg of cocaine dropped into the English Channel by accomplices onboard an unidentified containership. The drugs, valued at £40m ($54m), were thrown overboard around 40 nautical miles south of the Needles, west of the Isle of Wight, in August 2024. A recovery team …
https://splash247.com/failed-containership-cocaine-drop-lands-11-convictions/
https://splash247.com/failed-containership-cocaine-drop-lands-11-convictions/Chinese shipyards booked more new tonnage in the first half of 2026 than during any previous full year, tightening their grip on the global order market. New contracts totalled 121.06m dwt between January and June, up 173.1% year on year and equal to 82.3% of global ordering on a deadweight basis, according to China’s Ministry …
https://splash247.com/china-smashes-ship-order-record-in-first-half/
https://splash247.com/china-smashes-ship-order-record-in-first-half/