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Norwegian combination carrier owner Klaveness Combination Carriers (KCC) has secured a two-year fixture for one of its Cleanbu vessels as it looks to take advantage of firm conditions in the product tanker market. The Oslo-listed company said the 2021-built Bass has been fixed to a leading global energy player, adding that the main terms of …
https://splash247.com/kcc-seals-two-year-tanker-linked-charter/
https://splash247.com/kcc-seals-two-year-tanker-linked-charter/Nasdaq-listed gas shipping company Capital Clean Energy Carriers has appointed energy industry veteran Martin Houston as chairman, with outgoing chair Keith Forman moving into a new role as vice-chairman. The company, backed by Greek shipping magnate Evangelos Marinakis, said the change comes as it continues to build out its gas shipping platform with a growing …
https://splash247.com/capital-clean-energy-carriers-appoints-lng-veteran-martin-houston-as-chair/
https://splash247.com/capital-clean-energy-carriers-appoints-lng-veteran-martin-houston-as-chair/Greek shipowner Danaos Corporation is expanding its push into dry bulk, adding two more newcastlemax newbuildings at Chinese yards as part of a broader diversification strategy. The New York-listed company confirmed the contracts in its latest annual report, revealing orders for a brace of 211,000 dwt vessels scheduled for delivery in 2028. The latest additions …
https://splash247.com/danaos-doubles-down-on-dry-bulk-with-newcastlemax-newbuilds/
https://splash247.com/danaos-doubles-down-on-dry-bulk-with-newcastlemax-newbuilds/Germany-based gearbox manufacturer REINTJES is expanding its global after-sales capabilities with the establishment of a dedicated spare parts warehouse at its headquarters in Hameln, Germany, a move aimed at strengthening service support for…
https://www.marinelink.com/news/reintjes-expands-global-service-strategy-536720
https://www.marinelink.com/news/reintjes-expands-global-service-strategy-536720Unlike larger jackup regions where scale provides greater flexibility, relatively minor changes in supply can have an outsized impact. The availability, reactivation, or retirement of a single rig can materially shift utilisation levels, dayrate negotiations…
https://www.marinelink.com/news/caspian-sea-jackup-market-lockedin-supply-536721
https://www.marinelink.com/news/caspian-sea-jackup-market-lockedin-supply-5367212025 was a year of recalibration, continuing the softness experienced since the fourth quarter of 2024. Rather than a slowdown, this period can be better described as a collective deep breath as the industry prepares for the next upcycle in the Asian Pacific region.Compared to 2024…
https://www.marinelink.com/news/osv-market-asia-pacific-downshifts-long-536722
https://www.marinelink.com/news/osv-market-asia-pacific-downshifts-long-536722The global maritime industry has long been the arterial system of the world economy, responsible for over 90% of global trade. For centuries, the primary dangers to a vessel were physical: crushing storms, mechanical failure, or the threat of piracy.
https://www.marinelink.com/news/navigating-third-era-maritime-cyber-risk-536724
https://www.marinelink.com/news/navigating-third-era-maritime-cyber-risk-536724North American Blue Energy, a company backed by U.S. energy magnate Harry Sargeant III, has moved to export nearly 1 million barrels of Venezuelan crude for delivery into China, Bloomberg News reported on Monday, citing a document.The cargo…
https://www.marinelink.com/news/m-barrels-venezuelan-crude-headed-china-536725
https://www.marinelink.com/news/m-barrels-venezuelan-crude-headed-china-536725A Greek‑operated oil tanker has sailed through the Strait of Hormuz, ship tracking data showed on Monday, in a sign that some commercial vessels are still attempting to navigate the vital passage despite the U.S.-Israel war with Iran.The Shenlong Suezmax…
https://www.marinelink.com/news/greek-vessel-laden-saudi-oil-sails-536727
https://www.marinelink.com/news/greek-vessel-laden-saudi-oil-sails-536727Pakistan's navy has launched a maritime security operation to protect shipping lanes and energy supplies as regional tensions threaten key sea routes, the military said on Monday.The operation, named Muhafiz-ul-Bahr – meaning Protector of the…
https://www.marinelink.com/news/pakistan-navy-launches-shipping-security-536731
https://www.marinelink.com/news/pakistan-navy-launches-shipping-security-536731