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Russian President Vladimir Putin has approved the sale of a 10% stake in the sanctioned Arctic LNG 2 project held by France's TotalEnergies to a company called Nordline LLC, according to a decree published on Wednesday.TotalEnergies declined to comment and has not issued any statement on a sale…
https://www.marinelink.com/news/totalenergies-remains-silent-russia-539928
https://www.marinelink.com/news/totalenergies-remains-silent-russia-539928The European Union has proposed that the bloc's Aspides naval mission take "the primary role" in clearing mines in the Strait of Hormuz "when conditions allow" as part of a Franco-British-led initiative, according to a document seen by Reuters.The…
https://www.marinelink.com/news/eu-proposes-naval-mission-leads-mine-539929
https://www.marinelink.com/news/eu-proposes-naval-mission-leads-mine-539929Gulf hostilities flared again on Wednesday as Iranian attacks on Kuwait damaged its airport and injured dozens while the U.S. military carried out strikes near the Strait of Hormuz, with diplomacy to halt the war showing little sign of progress.The attacks are the latest to test a shaky ceasefire…
https://www.marinelink.com/news/gulf-hostilities-spike-iran-us-launch-539930
https://www.marinelink.com/news/gulf-hostilities-spike-iran-us-launch-539930Today, Wednesday, June 3 2026, the Baltic Dry Index decreased by 81 points, reaching 3124 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 ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-3124-down-81-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-3124-down-81-points/The long-running takeover battle between dry bulk rivals Genco Shipping & Trading and Diana Shipping has entered a new phase after Genco’s board unanimously rejected Diana’s latest $24.80-per-share cash offer, prompting an immediate counterattack from its Greek suitor. The rejection marks the third time Genco has turned down Diana’s advances since the campaign began late …
https://splash247.com/genco-and-diana-remain-deadlocked-after-latest-bid-rejection/
https://splash247.com/genco-and-diana-remain-deadlocked-after-latest-bid-rejection/Oslo-listed dry bulk owner Jinhui Shipping and Transportation has announced that it ordered two new vessels from China-based Jiangmen Nanyang Ship Engineering. The orders, put in place by Jinhui’s two subsidiaries, are worth $34.15m each (approximately HKD 266.37m). According to the company, the total contract price for both vessels is $68.3m (approximately HKD 532.74m). Both …
https://splash247.com/jinhui-orders-pair-of-dry-bulk-newbuilds-in-china/
https://splash247.com/jinhui-orders-pair-of-dry-bulk-newbuilds-in-china/Nasdaq-listed Greek bulker owner Icon Energy has switched another one of its vessels from index-linked to a fixed-rate charter. The 2006 Japanese-built 77,326 dwt panamax bulker Alfa is time-chartered to what the company describes as an international commodity trading conglomerate for an indefinite period. The deal can expire upon a three-month notice by either party, …
https://splash247.com/icon-energy-converts-index-linked-panamax-charter-to-fixed-rate-deal/
https://splash247.com/icon-energy-converts-index-linked-panamax-charter-to-fixed-rate-deal/Japan’s Kawasaki Kisen Kaisha (K Line) and Malaysia-based MISC have secured a time charter contract from the Northern Lights joint venture for a newly built 12,000 cu m LCO2 carrier The contract follows the time charter contract signed on January 29, 2026, for a 12,000 cu m LCO2 carrier. The two newly built vessels will be engaged in cross-border …
https://splash247.com/k-line-and-misc-win-another-lco2-carrier-charter-from-northern-lights/
https://splash247.com/k-line-and-misc-win-another-lco2-carrier-charter-from-northern-lights/Lloyd's Register (LR), Samsung Heavy Industries (SHI) and Capital Clean Energy Carriers Corp have signed a joint development project agreement to advance the design of a floating data center, a concept aimed at addressing growing demand for…
https://www.marinelink.com/news/lr-samsung-heavy-capital-partner-floating-539898
https://www.marinelink.com/news/lr-samsung-heavy-capital-partner-floating-539898