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A containership whose construction was abandoned in the aftermath of the 2008 financial crisis has finally entered commercial service, marking the revival of one of Turkish shipbuilding’s longest-running unfinished projects. According to Danish liner consultancy Sea-Intelligence’s rival analyst Alphaliner, the 917 teu Behram Box has been delivered and chartered to DP World-owned Unifeeder, ending a …
https://splash247.com/container-newbuild-stranded-since-2008-crisis-finally-delivered/
https://splash247.com/container-newbuild-stranded-since-2008-crisis-finally-delivered/Mediterranean Shipping Co (MSC) has reportedly acquired a 51% stake in the Transinvestservice Container Terminal (TIS) in Pivdennyi, Ukraine. Formerly known as Yuzhny, Pivdennyi is an Odesa-area satellite port, located between Ukraine’s third-largest city and the sea-river port of Mykolaiv. If the deal is confirmed, the stake in TIS Pivdennyi would be MSC’s second container terminal …
https://splash247.com/msc-linked-to-acquisition-of-majority-stake-in-pivdennyi-container-terminal/
https://splash247.com/msc-linked-to-acquisition-of-majority-stake-in-pivdennyi-container-terminal/A fragile ceasefire between Washington and Tehran came close to breaking point on Wednesday after the US Navy fired a Hellfire missile into the engine room of a crude tanker sailing toward Iran’s Kharg Island, triggering retaliatory missile and drone strikes across the Persian Gulf. US Central Command said forces disabled the falsely flagged VLCC …
https://splash247.com/us-fires-hellfire-into-engine-room-of-vlcc-heading-for-kharg-island/
https://splash247.com/us-fires-hellfire-into-engine-room-of-vlcc-heading-for-kharg-island/Shipping leaders gathering at the TradeWinds Shipowners Forum during Posidonia painted a picture of an industry increasingly shaped by geopolitics, with conflicts, sanctions, trade disputes and security threats now influencing everything from trade flows and fleet deployment to financing decisions and asset values. One of the strongest messages from the panel was that geopolitics is …
https://splash247.com/shipowners-urged-to-stay-nimble-as-geopolitics-reshapes-global-shipping/
https://splash247.com/shipowners-urged-to-stay-nimble-as-geopolitics-reshapes-global-shipping/One of the shipping industry’s most outspoken figures has suggested owners would have been better off paying a transit fee to keep the Strait of Hormuz open rather than enduring months of disruption from the closure that followed the conflict involving Iran, Israel and the US. Speaking at the TradeWinds Shipowners Forum during Posidonia, Capital …
https://splash247.com/marinakis-shipping-would-be-better-off-paying-a-hormuz-fee/
https://splash247.com/marinakis-shipping-would-be-better-off-paying-a-hormuz-fee/Leading shipowners and investors gathered at the TradeWinds Shipowners Forum during Posidonia with a clear message: resilience, balance-sheet strength and disciplined investment decisions matter more than ever. The panel, featuring executives from Mitsui OSK Lines (MOL), Safe Bulkers, the Vafias Group and JP Morgan Asset Management, painted a picture of an industry benefiting financially from …
The U.S. military fired a Hellfire missile at a tanker heading toward Iran on Tuesday as part of a blockade being imposed by President Donald Trump, who is pressing Tehran to negotiate a peace agreement on his terms.The U.S. military's Central…
https://www.marinelink.com/news/us-fires-hellfire-missile-tanker-539875
https://www.marinelink.com/news/us-fires-hellfire-missile-tanker-539875Shipments of limestone from U.S. quarries on the Great Lakes decreased 8.1 percent from May of last year to 2.7 million tons. May’s loadings were also below the month’s 5-year average by 5.4 percent.Year-to-date, the Lakes U.S. limestone trade totals 3.9 million tons…
https://www.marinelink.com/news/lakes-us-limestone-trade-down-may-539876
https://www.marinelink.com/news/lakes-us-limestone-trade-down-may-539876Palaemon Maritime has released its maritime security report for May 24-31, indicating that the week saw 15 maritime security incidents, with heightened activity in major maritime corridors globally, including: Black Sea, Gulf of Aden, Gulf of Finland…
https://www.marinelink.com/news/pirate-attack-foiled-amidst-heightened-539877
https://www.marinelink.com/news/pirate-attack-foiled-amidst-heightened-539877BHP and the Global Centre for Maritime Decarbonisation (GCMD) have blended biofuels from two distinct feedstocks—used cooking oil and waste animal fats —and introduced the lower-emissions marine fuel into a BHP-chartered bulk carrier as part…
https://www.marinelink.com/news/bhp-gcmd-trial-b-blend-existing-supply-539879
https://www.marinelink.com/news/bhp-gcmd-trial-b-blend-existing-supply-539879