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Shanghai Time Shipping has stepped into the newbuilding market with an order for three bulk carriers, marking its first collaboration with Nantong Xiangyu Shipbuilding & Offshore Engineering. The Chinese owner has contracted two 82,000 dwt kamsarmax vessels alongside one 63,800 dwt ultramax, with all three ships scheduled for delivery in 2029. The move signals fleet …
https://splash247.com/cosco-linked-shanghai-time-orders-trio-of-bulkers-at-nantong-xiangyu/
https://splash247.com/cosco-linked-shanghai-time-orders-trio-of-bulkers-at-nantong-xiangyu/Regal Rexnord Corporation announced that its Board of Directors has appointed Aamir Paul to serve as Chief Executive Officer (CEO), commencing no later than July 1, 2026, upon the conclusion of his responsibilities with his current employer, Schneider Electric SE.
https://www.marinelink.com/news/regal-renord-corporation-names-aamir-paul-538500
https://www.marinelink.com/news/regal-renord-corporation-names-aamir-paul-538500The Ulsan Port Authority (UPA) announced the successful completion of the world’s first ammonia bunkering operation for an ammonia dual-fuel gas carrier at Ulsan Port on April 23, 2026.This milestone builds on Ulsan Port’s earlier achievements…
https://www.marinelink.com/news/worlds-first-ammonia-porttoship-bunkering-538504
https://www.marinelink.com/news/worlds-first-ammonia-porttoship-bunkering-538504Six tankers loaded with Iranian oil have been forced back to Iran by the U.S. blockade in recent days, ship-tracking data shows, underscoring the impact the Iran war is having on traffic through the Strait of Hormuz, a major global oil export…
https://www.marinelink.com/news/six-iran-oil-tankers-sent-back-us-538506
https://www.marinelink.com/news/six-iran-oil-tankers-sent-back-us-538506Israel risks a diplomatic and legal response from Kyiv if it allows a vessel carrying grain from Russian-occupied Ukraine to dock at the port of Haifa, a Ukrainian diplomatic source told Reuters on Monday.Israel's Haaretz newspaper reported earlier that the vessel Panormitis, which it said was carry
https://www.marinelink.com/news/ukraine-threatens-pushback-israel-allows-538507
https://www.marinelink.com/news/ukraine-threatens-pushback-israel-allows-538507The U.S. Interior Department said on Monday that it had reached a deal to end two offshore wind leases off the coasts of New Jersey and California.Both projects are managed by Ocean Winds, a joint venture between ENGIE and EDP Renewables.(Reuters)
https://www.marinelink.com/news/us-government-end-two-offshore-wind-538511
https://www.marinelink.com/news/us-government-end-two-offshore-wind-538511Norway’s DDW Offshore, a subsidiary of Akastor, has sold one of its anchor handling tug supply (AHTS) vessels to an undisclosed buyer. The company said that it entered into a binding agreement to sell the 2011-built Skandi Emerald anchor handler for a purchase price of $23m. According to an Oslo Bors filing, the agreement is …
https://splash247.com/ddw-offshore-sells-anchor-handler-for-23m/
https://splash247.com/ddw-offshore-sells-anchor-handler-for-23m/South Korean shipbuilder Hanwha Ocean said in its first-quarter earnings presentation on Monday that uncertainty is rising over demand for commercial vessels due to the ongoing conflict in the Middle East.The market for very large crude carriers (VLCCs) has been hit hard by the Iran war, the company
https://www.marinelink.com/news/hanwha-ocean-flags-rising-uncertainty-538483
https://www.marinelink.com/news/hanwha-ocean-flags-rising-uncertainty-538483Suspected pirates have boarded a St. Kitts and Nevis-flagged general cargo vessel off Somalia's waters and were sailing it towards the Somali coastline, British maritime security groups Vanguard and Ambrey said.Somali pirates caused havoc in…
https://www.marinelink.com/news/suspected-pirates-control-ship-off-538484
https://www.marinelink.com/news/suspected-pirates-control-ship-off-538484Shearwater Geoservices has agreed to sell the vessel SW Baret to an undisclosed buyer for conversion into a dedicated source vessel.The agreed sales price exceeds the vessel’s carrying book value and is expected to result in a gain in Shearwater’s accounts…
https://www.marinelink.com/news/shearwater-sell-sw-baret-conversion-538490
https://www.marinelink.com/news/shearwater-sell-sw-baret-conversion-538490