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Two Chinese supertankers carrying 4 million barrels of Middle East crude oil exited the Strait of Hormuz on Wednesday after waiting in the Gulf for more than two months, shipping data on LSEG and Kpler showed.The ships are among a handful of supertankers carrying Iraqi crude exiting the Gulf this mo
https://www.marinelink.com/news/two-chinese-vlccs-exit-strait-hormuz-539396
https://www.marinelink.com/news/two-chinese-vlccs-exit-strait-hormuz-539396The capacity surge is coming for the tanker sector with new research suggesting 2026 is on track to see the highest amount of tanker newbuild orders on record. The first four and a half months of the year already represent the fifth highest total amount of tanker orders this millennium according to investment bank Evercore …
https://splash247.com/tanker-orders-on-a-path-to-the-highest-annual-totals-on-record/
https://splash247.com/tanker-orders-on-a-path-to-the-highest-annual-totals-on-record/Aristides Pittas is pressing ahead with another round of dry bulk fleet expansion in China, as companies linked to the Greek owner continue to build out their newbuilding exposure in the kamsarmax segment. China’s Hengli Heavy Industries said the Pittas family-controlled Eurobulk has expanded its kamsarmax programme at the yard to four vessels after signing …
https://splash247.com/aristides-pittas-grows-dry-bulk-bet-with-chinese-newbuilds/
https://splash247.com/aristides-pittas-grows-dry-bulk-bet-with-chinese-newbuilds/Seatrium Limited announced a new contribution of about USD$1.33 million (S$1.7 million) to enhance the Seatrium Professorship at the National University of Singapore College of Design and Engineering (“NUS CDE”). This reinforces a partnership…
https://www.marinelink.com/news/seatrium-expands-nus-cde-professorship-539374
https://www.marinelink.com/news/seatrium-expands-nus-cde-professorship-539374Damen Shipyards Group has received class and flag state approval for its ASD Tug 2713 Fuel Flexible (FF) to operate on methanol fuel. The approval was issued by Bureau Veritas and the Kingdom of the Netherlands flag state, respectively. It follows…
https://www.marinelink.com/news/damen-fuel-flexible-tug-receives-class-539375
https://www.marinelink.com/news/damen-fuel-flexible-tug-receives-class-539375Next Geosolutions, an international player in marine geoscience and offshore construction support services for the energy sector and listed on Euronext Growth Milan market, announces the award of a contract by TenneT TSO B.V. with a total value…
https://www.marinelink.com/news/next-geosolutions-wins-tennet-tsi-539376
https://www.marinelink.com/news/next-geosolutions-wins-tennet-tsi-539376The Trump administration on Tuesday imposed sanctions on an Iranian foreign currency exchange house and what it said were front companies overseeing transactions on behalf of Iranian banks as the U.S. maintains pressure on Tehran.The move came…
https://www.marinelink.com/news/us-imposes-sanctions-iran-exchange-house-539378
https://www.marinelink.com/news/us-imposes-sanctions-iran-exchange-house-539378Four liquefied natural gas (LNG) vessels were sailing to China from the U.S. and expected to arrive in June, according to data from financial firm LSEG, marking the first U.S. LNG cargoes to leave the U.S. and go directly to China during U.S.
https://www.marinelink.com/news/four-us-lng-carriers-depart-china-trumpxi-539379
https://www.marinelink.com/news/four-us-lng-carriers-depart-china-trumpxi-539379American Cruise Lines has announced that new riverboat American Encore was christened in Lewiston, Idaho on May 12th. The boat’s inaugural 9-Day Columbia & Snake Rivers cruise departed from Stevenson, Washington on May 6th with guests also enjoying an included hotel stay in Portland…
https://www.marinelink.com/news/american-encore-riverboat-christened-539382
https://www.marinelink.com/news/american-encore-riverboat-christened-539382Hyliion Holdings Corp., a developer of modular power plant technology, announced that the U.S. Navy’s Office of Naval Research (ONR), in partnership with the Defense Advanced Research Projects Agency (DARPA), has selected the USX-1 Defiant as a candidate test vessel for Hyliion’s KARNO technology.
https://www.marinelink.com/news/hyliion-usx-defiant-usv-chosen-launch-539384
https://www.marinelink.com/news/hyliion-usx-defiant-usv-chosen-launch-539384