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After nine years in the post, Mark O’Neil is no longer president at Columbia Shipmanagement and CEO of Columbia Group. A note sent to employees yesterday from owner Heinrich Schoeller said O’Neil has left the company, effective immediately. No reason was given for the sudden departure from one of the world’s top shipmanagers. Andreas Hadjipetrou, …
https://splash247.com/mark-oneil-leaves-columbia/
https://splash247.com/mark-oneil-leaves-columbia/All ships can sail through the Strait of Hormuz but this needs to be coordinated with Iran’s Islamic Revolutionary GuardCorps (IRGC), a senior Iranian official told Reuters, adding that unfreezing Iranian funds was part of the deal.Foreign Minister…
https://www.marinelink.com/news/ships-sailing-hormuz-need-prior-538199
https://www.marinelink.com/news/ships-sailing-hormuz-need-prior-538199Reopened Middle East shipping and plummeting oil prices on Friday boosted bets the Federal Reserve may begin cutting interest rates as soon as December, but its policymakers still face a tangled outlook ahead of their April 28-29 meeting.Iran's…
https://www.marinelink.com/news/strait-hormuz-reopens-oil-prices-drop-538200
https://www.marinelink.com/news/strait-hormuz-reopens-oil-prices-drop-538200Iranian Foreign Minister Abbas Araqchi said the Strait of Hormuz was open following the agreement of a ceasefire in Lebanon, while U.S. President Donald Trump said he believed a deal to end the Iran war would come "soon", although the timing…
https://www.marinelink.com/news/hormuz-strait-reopens-ceasefire-deal-538201
https://www.marinelink.com/news/hormuz-strait-reopens-ceasefire-deal-538201Reliance Industries has rejected two Iranian oil cargoes as they failed to meet its compliance requirements, the Indian refiner said on Friday, just days before the expiry of a U.S. waiver that has lifted sanctions on Iranian oil exports.Last month, Washington issued 30-day waivers on U.S.
https://www.marinelink.com/news/reliance-industries-rejects-two-iranian-538202
https://www.marinelink.com/news/reliance-industries-rejects-two-iranian-538202The Nigerian Maritime Administration and Safety Agency, NIMASA has reaffirmed its commitment to strengthening port security in line with international standards, as the United States Coast Guard (USCG) continues to provide technical support…
https://www.marinelink.com/news/us-coast-guard-continues-provide-538205
https://www.marinelink.com/news/us-coast-guard-continues-provide-538205US Central Command (CENTCOM) has extended the reach of its blockade, which has been in force since April 13, beyond vessels simply entering or leaving Iranian ports. The updated order states that all Iranian vessels, ships under active OFAC sanctions, and vessels suspected of carrying contraband are now “subject to belligerent right to visit and …
https://splash247.com/us-widens-hormuz-blockade-net-as-dark-fleet-hunted-across-pacific/
https://splash247.com/us-widens-hormuz-blockade-net-as-dark-fleet-hunted-across-pacific/Performance Shipping has locked in long-term employment for its two suezmax newbuildings well ahead of delivery. The Nasdaq-listed Greek owner said it has signed charter deals with Repsol Trading for the two 158,000 dwt vessels currently under construction in China at Shanghai Waigaoqiao Shipbuilding. The first ship has been fixed for seven years at $35,000 …
https://splash247.com/performance-shipping-secures-repsol-charters-for-suezmax-newbuilds/
https://splash247.com/performance-shipping-secures-repsol-charters-for-suezmax-newbuilds/French shipping and logistics group CMA CGM has launched expansion work at Gemalink’s container terminal at Cai Mep port in southern Vietnam, where the company holds a 25% stake alongside its longstanding partner, Gemadept. Once completed, the terminal’s capacity will increase from 1.7m teu to approximately 3m teu, with full completion expected in 2027. This …
https://splash247.com/cma-cgm-doubles-down-on-vietnam-with-terminal-upgrade/
https://splash247.com/cma-cgm-doubles-down-on-vietnam-with-terminal-upgrade/Oslo-listed Himalaya Shipping has lined up fresh employment for its newcastlemax, keeping the LNG dual-fuel bulker trading at a premium to the wider capesize market. The Tor Olav Troim-backed owner said the 2024-built 210,000 dwt Mount Emai has secured a charter for 12 to 14 months, starting in the first half of May immediately after …
https://splash247.com/himalaya-shipping-scores-fresh-premium-index-linked-charter/
https://splash247.com/himalaya-shipping-scores-fresh-premium-index-linked-charter/