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The Maritime Technologies Forum (MTF) has published new guidelines to support the safe operation of ships using wind-assisted propulsion systems, as the shipping industry increasingly adopts technologies aimed at reducing fuel use and emissions.The…
https://www.marinelink.com/news/mtf-issues-safety-guidelines-windassisted-537526
https://www.marinelink.com/news/mtf-issues-safety-guidelines-windassisted-537526Tehran attacked and set ablaze a fully loaded crude oil tanker off Dubai on Tuesday, despite a threat by President Donald Trump that the U.S. will obliterate Iran's energy plants if it does not agree to a peace deal and open the Strait of Hormuz.Authorities…
https://www.marinelink.com/news/drone-strike-kuwaiti-oil-tanker-off-dubai-537527
https://www.marinelink.com/news/drone-strike-kuwaiti-oil-tanker-off-dubai-537527The International Chamber of Shipping (ICS) and the International Transport Workers’ Federation (ITF) have met representatives from Gulf States to address the ongoing conflict and its direct impact on seafarers and shipping in the Gulf.The meeting…
https://www.marinelink.com/news/ics-itf-meet-gulf-state-representatives-537532
https://www.marinelink.com/news/ics-itf-meet-gulf-state-representatives-537532INTERCARGO brought shipowners, charterers, insurers and service providers together in Athens on March 31 to tackle a growing issue in dry bulk shipping: how ship-to-ship (STS) transfers are actually carried out.STS in dry bulk is no longer occasional.
https://www.marinelink.com/news/intercargo-convenes-industry-leaders-537534
https://www.marinelink.com/news/intercargo-convenes-industry-leaders-537534Today, Tuesday, March 31 2026, the Baltic Dry Index decreased by 22 points, reaching 1995 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-1995-down-22-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1995-down-22-points/Singapore-based oil and gas firm Jadestone Energy has revealed that its Stag oilfield, located 60 km offshore Western Australia, has been damaged by cyclone Narelle. The shutdown of the Stag facilities commenced on March 23, and the platform was demobilised due to the projected path of the cyclone, which developed into a category 5 storm …
https://splash247.com/cyclone-narelle-damages-jadestone-energys-platform-off-australia/
https://splash247.com/cyclone-narelle-damages-jadestone-energys-platform-off-australia/Norway’s BW Energy has signed a sale and leaseback agreement with Minsheng Financial Leasing (MSFL) for the 2004-built Jasmine Alpha jackup drilling rig. Under the agreement, BW Energy will receive $80m in cash consideration, which, according to the company, will strengthen its financial flexibility while maintaining continued access to the unit. Under the agreement, BW …
https://splash247.com/bw-energy-seals-80m-rig-sale-leaseback-deal-with-chinese-firm/
https://splash247.com/bw-energy-seals-80m-rig-sale-leaseback-deal-with-chinese-firm/Goran Dominioni, assistant professor in climate change law and policy at Dublin City University and visiting professor at the World Maritime University, writes for Splash today. The UN’s International Maritime Organization (IMO) agreement on the Net-Zero Framework reached last year was seen by many as the biggest climate breakthrough in recent history. A key component of …
https://splash247.com/seven-reasons-for-a-global-revenue-raising-policy-on-international-shipping/
https://splash247.com/seven-reasons-for-a-global-revenue-raising-policy-on-international-shipping/China’s shipbuilding capacity surge has accelerated with a wave of reactivated yards and major expansions across established shipbuilding groups, in what is the most significant capacity expansion in years, according to broker BRS Group’s latest 181-page annual shipping markets review. China reached an orderbook market share of 70.9% at the end of 2025, up from …
A French court has sentenced the Chinese captain of a suspected Russian shadow fleet tanker to one year in prison and issued an international arrest warrant against him, in a ruling that marks one of the most significant legal escalations yet in Europe’s campaign against vessels circumventing Western sanctions on Russian oil. Captain Chen Zhangjie, …
https://splash247.com/french-court-jails-chinese-shadow-fleet-captain-in-absentia/
https://splash247.com/french-court-jails-chinese-shadow-fleet-captain-in-absentia/