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Brent crude futures climbed more than $1 a barrel on Thursday following U.S. President Donald Trump's threat to attack ships laying mines in the Strait of Hormuz, casting doubt on the survival of a ceasefire in the war with Iran.Brent crude futures were up $1.26…
https://www.marinelink.com/news/brent-crude-prices-rise-trump-threatens-538414
https://www.marinelink.com/news/brent-crude-prices-rise-trump-threatens-538414Iran's use of a swarm of small, fast boats to seize two container ships near the Strait of Hormuz could undermine suggestions U.S. forces have disabled its naval threat and reveals the challenges facing reopening one of the world's most important oil export routes.U.S.
https://www.marinelink.com/news/iranian-swarms-fast-boats-used-seize-538419
https://www.marinelink.com/news/iranian-swarms-fast-boats-used-seize-538419On Wednesday, April 22, 2026, the Great Lakes Maritime Task Force (GLMTF) recognized Indiana Senator Todd Young for his commitment to the Great Lakes Navigation System and the nation’s maritime revitalization.“Senator Young understands the importance of U.S.
https://www.marinelink.com/news/senator-todd-young-receives-legislator-538422
https://www.marinelink.com/news/senator-todd-young-receives-legislator-538422Kongsberg Maritime ASA, a global leader in maritime technology, began trading on Euronext Oslo Stock Exchange on April 23 under the ticker symbol KMAR. The company has been spun off from Kongsberg Gruppen ASA.With operations in 35 countries and more than 8…
https://www.marinelink.com/news/kongsberg-maritime-begins-trading-oslo-538424
https://www.marinelink.com/news/kongsberg-maritime-begins-trading-oslo-538424Chris-Marine AB announced the introduction of Engine Insights, a new digital solution designed to convert cylinder condition measurements into automatic, instant, standardized reports for faster and more informed maintenance decisions.Engine…
https://www.marinelink.com/news/chrismarine-introduces-engine-insights-538426
https://www.marinelink.com/news/chrismarine-introduces-engine-insights-538426The Bulker market entered 2026 with momentum, supported by firm asset values and solid secondhand activity. That momentum has since been tempered by the escalating crisis at the Strait of Hormuz, which has progressively weighed on ordering confidence, freight markets, and transaction volumes as the conflict has deepened. At the time of writing, 192 Bulkers ...
https://www.hellenicshippingnews.com/how-the-strait-of-hormuz-crisis-is-reshaping-the-bulker-market/
https://www.hellenicshippingnews.com/how-the-strait-of-hormuz-crisis-is-reshaping-the-bulker-market/The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, edged down by 0.1% to 2,673 points on Thursday, ending a 14-day rally, but still near a more than four-month high. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, decreased by 0.9% to 4,315 ...
https://www.hellenicshippingnews.com/baltic-dry-index-hovers-around-4-month-highs/
https://www.hellenicshippingnews.com/baltic-dry-index-hovers-around-4-month-highs/Greek owner JHI Steamship has stepped further into the crude tanker arena, lining up a VLCC newbuilding in South Korea as part of a wider fleet build-out. The Athens-based company has disclosed an order for a 320,000 dwt vessel at Hanwha Ocean, with delivery slated for 2029. The move adds JHI to a growing list …
https://splash247.com/jhi-steamship-deepens-tanker-push-with-vlcc-newbuild/
https://splash247.com/jhi-steamship-deepens-tanker-push-with-vlcc-newbuild/Global seaborne sulphur shipments have suffered a dramatic contraction in the wake of the US-Israeli military campaign against Iran, with the effective closure of the Strait of Hormuz since late February triggering the sharpest monthly declines in a decade, according to new data from Athens-based Ursa Shipbrokers. The Persian Gulf accounts for more than half …
https://splash247.com/war-turns-sulphur-market-toxic-in-acid-supply-shock/
https://splash247.com/war-turns-sulphur-market-toxic-in-acid-supply-shock/Wärtsilä has signed a long-term overhaul agreement with Sweden’s Erik Thun Group, covering maintenance and technical support across its fleet.The agreement, developed with fleet management partner MF Shipping Group, includes overhaul services…
https://www.marinelink.com/news/wrtsil-erik-thun-agree-overhaul-538398
https://www.marinelink.com/news/wrtsil-erik-thun-agree-overhaul-538398