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U.S. Coast Guard Cutter Resolute’s crew offloaded approximately 2,570 pounds of cocaine worth more than $19.3 million and transferred six suspected drug smugglers to federal authorities, Thursday, at Base Miami Beach.The seized contraband was…
https://www.marinelink.com/news/coast-guard-offloads-m-illicit-drugs-538454
https://www.marinelink.com/news/coast-guard-offloads-m-illicit-drugs-538454Today, Friday, April 24 2026, the Baltic Dry Index decreased by 8 points, reaching 2665 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 ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2665-down-8-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2665-down-8-points/Laurent Cadji-led shipowner Union Maritime has expanded its offshore presence by forming a new joint venture with Vega Maritime. According to Union Maritime, the joint venture, named Union Vega Offshore (UVO), was established to drive growth in the offshore sector across West Africa and South America. The joint venture will be led by the CEO …
https://splash247.com/union-maritime-expands-offshore-footprint-with-new-joint-venture/
https://splash247.com/union-maritime-expands-offshore-footprint-with-new-joint-venture/Houston-based offshore energy services company Helix Energy Solutions has entered into a definitive agreement to merge with compatriot offshore vessel owner Hornbeck Offshore Services in an all-stock transaction. Upon closing of the transaction, Hornbeck shareholders will own approximately 55%, and Helix shareholders will own approximately 45% of the combined company on a fully diluted basis. …
https://splash247.com/helix-hornbeck-merger-creates-deepwater-services-heavyweight/
https://splash247.com/helix-hornbeck-merger-creates-deepwater-services-heavyweight/One of shipping’s most consequential regulatory gatherings gets underway in London on Monday, with the future of the world’s first global carbon pricing mechanism on any industry hanging in the balance. The 84th session of the Marine Environment Protection Committee (MEPC) runs from April 27 to May 1 at IMO headquarters, and the stakes could …
https://splash247.com/can-the-net-zero-framework-be-saved-splashs-mepc-curtain-raiser/
https://splash247.com/can-the-net-zero-framework-be-saved-splashs-mepc-curtain-raiser/Mumbai-based Seven Islands Shipping’s appetite for MR tankers continues to turn heads, with fresh deals underlining an aggressive expansion drive amid India’s rising energy demand. The company has emerged as one of the most active buyers in the product tanker space, snapping up 11 vessels since the start of 2025, according to sales registers; nine …
https://splash247.com/mumbai-owners-mr-splurge-keeps-brokers-busy/
https://splash247.com/mumbai-owners-mr-splurge-keeps-brokers-busy/German MPP specialist dship Carriers and shipmanager NSB Group have teamed up to launch a dedicated joint venture aimed at managing a new series of multipurpose vessels, as owners continue to sharpen focus on specialised tonnage. The new entity, Hinode Shipmanagement, will be based in Buxtehude and is set up to oversee dship’s next generation …
https://splash247.com/dship-carriers-and-nsb-launch-mpp-management-platform/
https://splash247.com/dship-carriers-and-nsb-launch-mpp-management-platform/Greece’s Tsakos Energy Navigation (TEN) has secured long-term employment for two shuttle tankers, extending their charters for up to five years each and reinforcing its position in the offshore loading segment. The New York-listed owner said the extensions will run in direct continuation of the current contracts, which began upon delivery of the vessels in …
https://splash247.com/ten-extends-shuttle-tanker-deals-into-next-decade/
https://splash247.com/ten-extends-shuttle-tanker-deals-into-next-decade/Greek owner M/Maritime is branching into container shipping, placing its first feeder boxship order while continuing to build out its dry bulk base. The company has signed for two 2,800 teu newbuildings at HD Hyundai Heavy Industries, with deliveries expected from early 2028. The vessels will be built to the yard’s eco-focused CON-GREEN design and …
Hakki Deval has spent more than two decades in dry bulk shipping, from his student days at Solent University to leading Istanbul-based Devbulk as managing director and CEO. A former Turkish Navy lieutenant, two-term International Chamber of Shipping boardmember and Baltic Exchange stalwart, he brings a measured, experience-hardened perspective to markets that rarely sit still. …
https://splash247.com/geneva-dry-dialogues-devbulk/
https://splash247.com/geneva-dry-dialogues-devbulk/