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George Procopiou is pressing ahead with large crude carrier expansion, booking four VLCC newbuildings at China’s Hengli Shipyard in a deal valued at up to $600m. The latest order has been placed by Dynacom Tankers Management and covers four 306,000 dwt crude carriers, worth between $400m and $600m, according to a stock exchange filing by …
https://splash247.com/procopiou-doubles-down-on-vlccs-with-hengli-deal/
https://splash247.com/procopiou-doubles-down-on-vlccs-with-hengli-deal/Tor Olav Trøim-backed tanker player Bruton is moving to lock in early employment for its first LNG dual-fuel VLCCs while firming up financing for the newbuildings. The Oslo-listed company has entered into a non-binding letter of intent with a leading global trading house for a charter party covering the vessels. The proposed deal would give …
https://splash247.com/bruton-moves-to-lock-in-work-and-funding-for-vlccs/
https://splash247.com/bruton-moves-to-lock-in-work-and-funding-for-vlccs/Pacific International Lines has moved a step closer to its next phase of fleet renewal, signing letters of intent for eight LNG dual-fuel neo-panamax container ships in a deal split between Chinese and South Korean yards. The Singapore-based liner operator has selected Hudong-Zhonghua Shipbuilding in China and HD Hyundai Heavy Industries in South Korea to …
https://splash247.com/pil-lines-up-eight-lng-neo-panamaxes-in-china-korea-split/
https://splash247.com/pil-lines-up-eight-lng-neo-panamaxes-in-china-korea-split/Piracy leaves scars you cannot see and the maritime industry still treats it as a footnote, argues Alexander Dimitrevich, a clinical psychiatrist at Mental Health Support Solutions, in this exclusive for Splash. I have spent more than 15 years meeting seafarers in the first hours after they step out of pirate captivity, and in those …
https://splash247.com/the-hidden-trauma-of-piracy/
https://splash247.com/the-hidden-trauma-of-piracy/Donald Trump has reiterated his vow to “100%” place tariffs on European countries that oppose his demand to take control of Greenland, with liners on the north Atlantic trades already coming under pressure. Westbound rates on the transatlantic container tradesfrom Europe to the US are already down by 40% since the beginning of 2025, according …
https://splash247.com/greenland-control-and-tariffs-threaten-to-destabilise-transatlantic-shipping/
https://splash247.com/greenland-control-and-tariffs-threaten-to-destabilise-transatlantic-shipping/CMA CGM, the world’s third-largest liner, has provided a counter-narrative to the many analysts expecting liners to flock back to the Suez Canal following the Houthis’ three-month-long ceasefire on merchant shipping. Citing the “complex and uncertain international context”, the French liner today announced that three of its services – FAL 1, FAL 3 and MEX …
https://splash247.com/cma-cgm-signals-caution-by-rerouting-services-away-from-suez-canal/
https://splash247.com/cma-cgm-signals-caution-by-rerouting-services-away-from-suez-canal/Hydromover 2.0, an all-electric light cargo transfer vessel designed by Incat Crowther for Singapore’s marinEV, a business of Yinson GreenTech, has officially entered service in Singapore.Building on the success of the prototype Hydromover 1.0…
https://www.marinelink.com/news/allelectric-light-cargo-transfer-vessel-534625
https://www.marinelink.com/news/allelectric-light-cargo-transfer-vessel-534625R.M. Young Company and Western Weather Group will host a joint educational webinar titled "Powering Safer Grids with Wildfire Forecast Intelligence + Rugged Weather Hardware" on February 10, 2026, at 2:00 PM Eastern. The live webinar is free…
https://www.marinelink.com/news/rm-young-company-western-weather-group-534610
https://www.marinelink.com/news/rm-young-company-western-weather-group-534610The chairman of Italy's Leonardo on Monday floated the idea of a future combination between the defence and aerospace group and state‑controlled shipbuilder Fincantieri.Speaking at a conference at Milan's Bocconi University, Stefano Pontecorvo told an audience that he hoped the two groups could one
https://www.marinelink.com/news/leonardo-chairman-floats-possible-future-534613
https://www.marinelink.com/news/leonardo-chairman-floats-possible-future-534613India signed a $3 billion deal on Monday to buy liquefied natural gas from the United Arab Emirates, making it the UAE's top customer, as the leaders of both countries held talks to strengthen trade and defence ties.The agreement was signed…
https://www.marinelink.com/news/india-uae-sign-b-lng-deal-boost-trade-534614
https://www.marinelink.com/news/india-uae-sign-b-lng-deal-boost-trade-534614