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Greek owner Panos Laskaridis is stepping up his move into crude tankers, lining up another suezmax newbuilding in South Korea. Shipbuilding sources say Laskaridis Shipping has contracted a 157,000 dwt vessel at DH Shipbuilding, with delivery slated for the second quarter of 2029. The deal follows a contract announced by the yard for an undisclosed …
https://splash247.com/laskaridis-ramps-up-suezmax-play/
https://splash247.com/laskaridis-ramps-up-suezmax-play/Japan’s Ocean Network Express (ONE) is spending some of its profits built up in recent years on developing its ports network. The Singapore-headquartered liner has just announced the signing of a share purchase agreement for a 30% stake in Hutchison Laemchabang Terminal Limited (HLT) in Thailand, following quickly on from a deal to buy into …
https://splash247.com/one-buys-into-hutchisons-laem-chabang-terminal/
https://splash247.com/one-buys-into-hutchisons-laem-chabang-terminal/Japanese shipping giant Mitsui OSK Lines (MOL) has signed a memorandum of understanding with Hitachi and Hitachi Systems to develop, operate and commercialise floating data centres converted from second-hand vessels, targeting operations from 2027 in Japan, Malaysia and the United States. “In recent years, demand for data centers has continued to grow alongside the rapid …
https://splash247.com/mol-and-hitachi-to-convert-used-ships-into-floating-data-centres/
https://splash247.com/mol-and-hitachi-to-convert-used-ships-into-floating-data-centres/Ukraine’s week-long campaign against Russia’s oil fortunes shows no sign of letting up with more strikes on Baltic export facilities recorded over the weekend. Ust-Luga port suffered further drone strikes yesterday for the fifth consecutive day, with no loadings recorded at the under fire port since last Wednesday. Beginning on March 23 with a drone …
https://splash247.com/ukraine-pounds-russias-baltic-ports/
https://splash247.com/ukraine-pounds-russias-baltic-ports/The Iran war’s second month has opened with a sharp escalation in threats to global shipping, as Iranian-backed Houthi rebels fired their first missiles since the conflict began, drone strikes hit the port of Salalah in Oman, and a bizarre last-minute reversal by COSCO added fresh uncertainty to an already unpredictable operating environment. The Houthis’ …
https://splash247.com/new-front-opens-up-with-houthis-entering-the-war/
https://splash247.com/new-front-opens-up-with-houthis-entering-the-war/The U.S. is allowing a Russian tanker full of crude oil to reach Cuba, the New York Times reported on Sunday, possibly granting a lifeline to the Caribbean island amid a de facto oil blockade imposed by Washington.Ship tracking data showed the…
https://www.marinelink.com/news/report-us-allow-russian-oil-tanker-reach-537468
https://www.marinelink.com/news/report-us-allow-russian-oil-tanker-reach-537468Oil prices extended gains on Monday, with Brent headed for a record monthly rise, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the U.S.-Israel war with Iran in the Middle East.Brent crude futures LCOc1 jumped $3.94…
https://www.marinelink.com/news/oil-rises-widening-conflict-endangers-red-537471
https://www.marinelink.com/news/oil-rises-widening-conflict-endangers-red-537471Cyprus-based Schoeller Holdings has continued its long-running ordering streak in China, booking two multipurpose heavylift vessels at CSSC Huangpu Wenchong Shipbuilding. The deal covers a pair of 32,000 dwt MPP/heavylift ships, with deliveries lined up for 2029, according to market sources. Schoeller’s relationship with the Guangzhou-based yard stretches back to 2008, with around 30 ships …
https://splash247.com/schoeller-books-more-mpp-tonnage-in-china/
https://splash247.com/schoeller-books-more-mpp-tonnage-in-china/Athens-based Erasmus Shipinvest Group has turned to China for its latest round of bulk carrier orders, marking a break from its long-standing reliance on Japanese yards. Broker reports indicate the John Su-led owner has contracted up to eight kamsarmax newbuilds at Jiangsu New Hantong Ship Heavy Industry. Splash understands the deal includes four firm 82,000 …
https://splash247.com/erasmus-lines-up-kamsarmax-series-at-new-hantong/
https://splash247.com/erasmus-lines-up-kamsarmax-series-at-new-hantong/Pakistan said on Sunday it was preparing to host "meaningful talks" to end the conflict over Iran in coming days even though Tehran earlier accused Washington of preparing a land assault while seeking negotiations.Speaking after talks between regional foreign ministers…
https://www.marinelink.com/news/pakistan-prepares-talks-ending-iran-war-537460
https://www.marinelink.com/news/pakistan-prepares-talks-ending-iran-war-537460