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Harry Vafias’ private bulker arm, Brave Maritime, has snapped up three Japanese-built handysize bulkers from Dubai-based MUR Shipping, broking sources report. The Namura-built 34,000 dwt trio, named African Heron, African Goshawk, and African Merli, were sold en bloc for just under $53m, according to multiple brokers. The deal lifts the Athens-based owner’s handysize fleet to …
https://splash247.com/brave-maritime-adds-trio-of-japanese-handies/
https://splash247.com/brave-maritime-adds-trio-of-japanese-handies/A Cameroon-flagged LPG carrier caught fire in the Gulf of Aden on Saturday following an onboard explosion, leaving two Indian seafarers missing and prompting an international rescue effort. The 1994-built 35,100 cu m Falcon, operated by India’s Tanker Expert Ship Management, was sailing west about 60 nautical miles south of Ahwar, Yemen, when it reported …
https://splash247.com/explosion-sets-lpg-carrier-on-fire-off-yemen/
https://splash247.com/explosion-sets-lpg-carrier-on-fire-off-yemen/The European Union is preparing its most aggressive move yet against Russia’s shadow tanker fleet, with plans to give member states the power to board and inspect vessels suspected of breaching sanctions or threatening maritime safety. A draft declaration from the European External Action Service (EEAS), seen by Politico and Reuters, proposes “pre-authorised boardings” in …
https://splash247.com/europe-prepares-to-board-russias-shadow-fleet/
https://splash247.com/europe-prepares-to-board-russias-shadow-fleet/The disruption brought about by last Tuesday’s start of tit-for-tat extra port fees levied by the US and China has propelled shipping earnings to very high levels. The cross-sector ClarkSea Index, a weighted average of tanker, bulk carrier, containership, and gas carrier earnings managed by Clarksons Research, rose above $30,000 a day on Friday for …
https://splash247.com/clarksea-index-surges-past-30000-as-port-fees-ripple-through-markets/
https://splash247.com/clarksea-index-surges-past-30000-as-port-fees-ripple-through-markets/Shipping historians covering the International Maritime Organisation (IMO) would need to go back more than 40 years to a comparable setback to what played out on Friday and the downing of the Net-Zero Framework (NZF). Friday saw member states vote for a one-year delay in the NZF, throwing shipping’s path towards decarbonisation into considerable doubt. …
https://splash247.com/imo-fracture-deepens-global-climate-fault-lines-in-shipping/
https://splash247.com/imo-fracture-deepens-global-climate-fault-lines-in-shipping/U.S. forces attacked a vessel associated with a Colombian leftist rebel group, Defense Secretary Pete Hegseth said on Sunday, the same day President Donald Trump called Colombian President Gustavo Petro an "illegal drug leader" and said payments…
https://www.marinelink.com/news/us-says-hit-colombian-rebel-vessel-531258
https://www.marinelink.com/news/us-says-hit-colombian-rebel-vessel-531258The European Union's diplomatic arm, the EEAS, is urging member states to back a maritime declaration that would allow EU nations working with flag states to arrange inspections on Russia's "shadow fleet" of oil tankers, an EEAS document shows.Beefing…
https://www.marinelink.com/news/eu-seeks-maritime-declaration-inspect-531259
https://www.marinelink.com/news/eu-seeks-maritime-declaration-inspect-531259The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the vessel, the European Union's naval force Aspides said in a statement.The…
https://www.marinelink.com/news/lpgladen-tanker-fire-off-yemen-531260
https://www.marinelink.com/news/lpgladen-tanker-fire-off-yemen-531260A migrant boat carrying around 35 people sailing from Libya capsized in the central Mediterranean leaving one confirmed dead and two dozen missing, UNICEF country coordinator for Italy said on Sunday.The rescue operation was carried out on Friday off the coast of Italy's Lampedusa Island by the Ital
https://www.marinelink.com/news/one-dead-dozens-missing-migrant-boat-531261
https://www.marinelink.com/news/one-dead-dozens-missing-migrant-boat-531261Bloomberg reports that, ahead of Friday’s vote at the IMO, Andrew Forrest, the billionaire founder and chair of Fortescue Metals Group, decried what he said were “intimidatory tactics” impacting delegates’ ability to vote their conscience.“As a global industrialist and philanthropist…
https://www.marinelink.com/news/imo-adjourns-industry-responds-531262
https://www.marinelink.com/news/imo-adjourns-industry-responds-531262