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Vessev, a technology company designing and building electric passenger vessels, announced the launch of a new hydrofoiling network in Hobart, Australia, marking a step in using waterways as an efficient, scalable, zero-emissions layer of urban transport.Fly Derwent…
https://www.marinelink.com/news/vessev-launches-hydrofoiling-network-538540
https://www.marinelink.com/news/vessev-launches-hydrofoiling-network-538540Today, Tuesday, April 28 2026, the Baltic Dry Index climbed 11 points, reaching 2677 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 hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2677-up-11-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2677-up-11-points/The Trump administration has struck two more deals with energy companies to quit their US offshore wind projects, reimbursing Bluepoint Wind and Golden State Wind nearly $900m in total to cancel their leases. Under the agreements, Bluepoint Wind and Golden State Wind will end their offshore wind leases and commit to shutting down plans for …
https://splash247.com/trump-administration-pays-900m-to-scrap-two-more-offshore-wind-projects/
https://splash247.com/trump-administration-pays-900m-to-scrap-two-more-offshore-wind-projects/Offshore drilling giant Noble Corporation has announced several new rig deals in its latest fleet status report. One of the rigs that was reportedly considered for sale by the company due to it having no work scheduled beyond August 2026, the 2010-built semisub Noble Deliverer, has won a new contract with Woodside. The five-well contract …
https://splash247.com/noble-racks-up-565m-in-fresh-rig-deals-as-backlog-hits-7-5bn/
https://splash247.com/noble-racks-up-565m-in-fresh-rig-deals-as-backlog-hits-7-5bn/Arun Sharma, the executive chairman of the Indian Register of Shipping, writes for Splash today. The maritime industry’s greatest asset is not its fuel technology, its digital platforms or its regulatory frameworks. It is its people. At a time when shipping is entering one of the most consequential periods in its modern history, this fundamental …
https://splash247.com/the-maritime-industry-risks-forgetting-the-people-who-keep-it-safe/
https://splash247.com/the-maritime-industry-risks-forgetting-the-people-who-keep-it-safe/Taiwan’s Chinese Maritime Transport (CMT) has returned to China State Shipbuilding Corporation’s Qingdao Beihai yard with an order for two more newcastlemax bulk carriers. The Taipei-listed owner confirmed it will pay between $77.5m and $80.5m per 210,000 dwt vessel via its subsidiaries China Vantage Shipping and China Swift Shipping. Deliveries have not yet been disclosed. …
https://splash247.com/cmt-returns-to-qingdao-beihai-for-newcastlemax-brace/
https://splash247.com/cmt-returns-to-qingdao-beihai-for-newcastlemax-brace/Columbia Group has moved to steady the ship by confirming Andreas Hadjipetrou as its permanent chief executive, weeks after the sudden departure of long-time leader Mark O’Neil. Hadjipetrou, a near 30-year veteran of the organisation who most recently served as chief commercial officer, had been acting in the interim role following O’Neil’s exit earlier this …
https://splash247.com/columbia-confirms-hadjipetrou-as-ceo-after-abrupt-leadership-exit/
https://splash247.com/columbia-confirms-hadjipetrou-as-ceo-after-abrupt-leadership-exit/Singapore-listed Yangzijiang Maritime Development has moved to deepen its forward fleet with an order for 10 newbuildings spanning tankers and bulk carriers. The group said it has signed contracts with Chinese yards for four 114,000 dwt product/crude tankers, four 49,800 dwt product and chemical tankers, and two 40,000 dwt bulk carriers. Deliveries are set to …
https://splash247.com/yangzijiang-maritime-expands-orderbook-with-10-ship-newbuild-deal/
https://splash247.com/yangzijiang-maritime-expands-orderbook-with-10-ship-newbuild-deal/Compounding existing concerns over price and limited availability, shipowners seeking bunkers in Asia face another issue: tainted fuel. Marine insurer Skuld has issued an advisory warning members of a pattern of on-spec but potentially problematic fuel being bunkered across Asia, particularly in Singapore, Hong Kong and Malaysia. While the fuels meet standard ISO 8217 parameters, …
An extraordinary simultaneous build-up of ballast vessels across every major crude tanker segment has moved geopolitically driven disruption into a fundamental demand-side crisis. With the Strait of Hormuz now closed for 60 days, the initial freight rate spike driven by risk premium and trade inefficiency has given way as there simply are not enough cargoes …
https://splash247.com/tanker-markets-tip-into-oversupply-with-ballast-surge/
https://splash247.com/tanker-markets-tip-into-oversupply-with-ballast-surge/