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The war in Iran and subsequent constriction of energy commodity flows appear to have been supportive of coal demand, as flows in April rise y/y for only the second time in 2026 so far. Global seaborne coal flows increased by 6% y/y in April 2026. Coal flows to China and India decreased by over 13% ...
https://www.hellenicshippingnews.com/coal-demand-in-april-rises-in-line-with-our-expectations/
https://www.hellenicshippingnews.com/coal-demand-in-april-rises-in-line-with-our-expectations/Malaysia’s Petronas has signed a 20-year time charter agreement with compatriot MISC for five newbuild 174,000 cbm LNG carriers. This follows the conclusion of shipbuilding contracts between MISC and Hudong-Zhonghua Shipbuilding in January and February 2026. These vessels will be constructed in Shanghai with charter commencement expected between 2029 and 2030. MISC will provide project …
https://splash247.com/petronas-charters-five-newbuild-lng-carriers-from-misc/
https://splash247.com/petronas-charters-five-newbuild-lng-carriers-from-misc/Danish owner and operator Norden has expanded its fleet by acquiring four handysize bulkers. The four acquired vessels were built in 2024 and are scheduled for delivery during the second quarter of 2026. Financial details or the seller were not disclosed. The company claims that the open-hatch and box-hold capabilities make them well-suited for specialised …
https://splash247.com/norden-expands-owned-fleet-with-handysize-quartet/
https://splash247.com/norden-expands-owned-fleet-with-handysize-quartet/Greek owner Cape Shipping is returning to the dry bulk newbuilding market for the first time in more than 15 years after placing an order for two newcastlemax bulk carriers at China’s Dajin Heavy Industry. Shipbuilding sources say the Adrianopoulos family-controlled company has contracted the yard for a pair of 211,000 dwt vessels, with deliveries …
https://splash247.com/cape-shipping-swings-back-to-bulkers-with-newcastlemax-order/
https://splash247.com/cape-shipping-swings-back-to-bulkers-with-newcastlemax-order/Greek shipowner Thenamaris has reportedly returned to the South Korean newbuilding market with four MR2 product tankers at HD Hyundai Mipo. Broker reports from Athens suggest the Nikolas Martinos-led owner has signed up for four scrubber-fitted 50,000 dwt vessels at the Ulsan-based yard, with deliveries scheduled through 2028. The newbuildings are said to cost about …
https://splash247.com/thenamaris-tied-to-mr-newbuild-play-in-south-korea/
https://splash247.com/thenamaris-tied-to-mr-newbuild-play-in-south-korea/BW LNG is surfacing as the buyer behind a fresh order for two large LNG carriers at HD Hyundai Samho Heavy Industries in South Korea. The gas shipping arm of Singapore-based BW Group has been linked by market sources to a pair of 174,000 cu m newbuildings scheduled for delivery in the second half of …
https://splash247.com/bw-lng-linked-to-fresh-lng-carrier-duo-at-hd-hyundai-samho/
https://splash247.com/bw-lng-linked-to-fresh-lng-carrier-duo-at-hd-hyundai-samho/Danish product tanker owner Torm is expanding its fleet again after lining up eight additional vessels through a mix of resale and secondhand acquisitions. The Copenhagen- and New York-listed company said it has agreed to acquire six MR tanker resales following the end of the first quarter, with deliveries spread between 2027 and 2028. The …
https://splash247.com/torm-adds-six-mr-resales-in-latest-fleet-expansion-move/
https://splash247.com/torm-adds-six-mr-resales-in-latest-fleet-expansion-move/German shipping group Hapag-Lloyd on Wednesday reported a first-quarter loss, citing the impact of lower freight rates and operational disruptions stemming from severe weather conditions and the blockage of the Strait of Hormuz on the back of…
https://www.marinelink.com/news/hapaglloyd-swings-loss-hormuz-disruptions-539146
https://www.marinelink.com/news/hapaglloyd-swings-loss-hormuz-disruptions-539146Petronas LNG (PLL) has signed a 20-year time charter agreement with MISC Group for five newbuild liquefied natural gas (LNG) carriers as the Malaysian energy company strengthens long-term LNG supply capacity.The agreement covers five 174,000…
https://www.marinelink.com/news/petronas-signs-year-charter-deal-misc-539147
https://www.marinelink.com/news/petronas-signs-year-charter-deal-misc-539147EnergyPathways has signed a collaboration agreement with Associated British Ports (ABP) to evaluate the Port of Barrow in northwest England as a location for onshore facilities linked to its Marram Energy Storage Hub (MESH) project.The AIM-listed company said the MESH project…
https://www.marinelink.com/news/energypathways-abp-partner-energy-storage-539148
https://www.marinelink.com/news/energypathways-abp-partner-energy-storage-539148