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Cool Carriers, the world’s largest operator of specialized reefer vessels, reports strong results despite a sharp downturn in demand for its Chilean subsidiary for the 2025/26 Summer season, from 1 October 2025 to 31 March 2026.Despite a sharp…
https://www.marinelink.com/news/chile-us-fruit-trade-down-538265
https://www.marinelink.com/news/chile-us-fruit-trade-down-538265Rio Tinto has signed a contract with NS United Kaiun Kaisha (NSU) to charter two methanol-capable dual-fuel Newcastlemax bulk carriers for delivery from 2028 onwards.The agreement reflects Rio Tinto’s long-term approach to shaping its freight…
https://www.marinelink.com/news/rio-tinto-charters-two-methanolcapable-538266
https://www.marinelink.com/news/rio-tinto-charters-two-methanolcapable-538266A number of developments could turn India into the next major importer of dry bulk commodities, after China. In its latest weekly report, shipbroker Intermodal said that “in a global environment defined by geopolitical uncertainty and inflationary pressures, India continues to demonstrate resilient growth potential. Although the OECD has estimated a slowdown in India’s GDP ...
https://www.hellenicshippingnews.com/dry-bulk-market-is-india-emerging-as-a-major-importer/
https://www.hellenicshippingnews.com/dry-bulk-market-is-india-emerging-as-a-major-importer/French owner LD Armateurs is stepping up its offshore push, acquiring a multipurpose support vessel to expand its subsea capabilities. The vessel, Siddis Mariner, acquired from Norway’s OH Meling for an undisclosed price, will be renamed TVO Mariner and join the fleet of LD TravOcean, the group’s subsea arm. Delivery is scheduled for summer 2026. …
https://splash247.com/ld-armateurs-bolsters-offshore-fleet/
https://splash247.com/ld-armateurs-bolsters-offshore-fleet/Japan’s Nippon Yusen Kaisha (NYK), Singapore’s Golden Island and Norway’s Yara Clean Ammonia have taken a step toward bringing ammonia fuel to the world’s busiest bunkering hub. The three parties have signed a non-binding term sheet to explore the joint marketing and supply of low-carbon ammonia as a marine fuel in Singapore. The move targets …
https://splash247.com/ammonia-bunkering-gains-ground-with-new-singapore-partnership/
https://splash247.com/ammonia-bunkering-gains-ground-with-new-singapore-partnership/Yangzijiang Shipbuilding is widening its footprint beyond newbuilds, setting up a dedicated ship repair and conversion arm as it looks to tap into growing demand for retrofit and green upgrades. The Singapore-listed company has established Jiangsu Yangzi Hongda Shipbuilding and Repair, a wholly owned subsidiary with registered capital of $100m. The new unit will be …
https://splash247.com/yangzijiang-shipbuilding-adds-repair-and-conversion-arm/
https://splash247.com/yangzijiang-shipbuilding-adds-repair-and-conversion-arm/Greek owner Lavinia Tankers has moved to expand its crude tanker footprint, lining up a fourth suezmax newbuilding at South Korea’s DH Shipbuilding. The Panos Laskaridis-led outfit is understood to have exercised an outstanding option at the yard, taking its series to four vessels. The move follows a March decision to firm up a third …
https://splash247.com/laskaridis-adds-fourth-suezmax-at-dh-shipbuilding/
https://splash247.com/laskaridis-adds-fourth-suezmax-at-dh-shipbuilding/China’s Shishi Dingsheng Shipping is branching out from dry bulk, placing its first order for large product tankers as it looks to diversify its fleet. Clarksons is reporting the owner has contracted two 114,000 dwt LR2 newbuildings at Taizhou Kouan Shipbuilding, marking its entry into the segment. No price has been disclosed for the vessels, …
https://splash247.com/shishi-dingsheng-steps-into-lr2-tanker-segment-with-newbuild-order/
https://splash247.com/shishi-dingsheng-steps-into-lr2-tanker-segment-with-newbuild-order/New York-listed dry bulk owner Genco Shipping & Trading is trimming older tonnage and adding a younger capesize as it continues to reshape its fleet. The company has agreed to acquire a 2019 Imabari-built, 182,000 dwt scrubber-fitted capesize, with delivery expected in June 2026. At the same time, Genco has offloaded two 2005-built supramaxes, Genco …
https://splash247.com/genco-swaps-ageing-supramaxes-for-modern-capesize/
https://splash247.com/genco-swaps-ageing-supramaxes-for-modern-capesize/Oil prices jumped more than 6% in early Monday trading on fears that the ceasefire between the United States and Iran could collapse after the U.S. seized an Iranian cargo ship and traffic through the Strait of Hormuz remained largely halted.Brent crude futures LCOc1 advanced $5.51…
https://www.marinelink.com/news/oil-jumps-usiran-ceasefire-concerns-538228
https://www.marinelink.com/news/oil-jumps-usiran-ceasefire-concerns-538228