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Tor Olav Trøim-backed VLCC owner Bruton is in talks with China’s New Times Shipyard over options for up to two more vessels, as it continues to bulk up its newbuilding pipeline. The Oslo-listed company said it is discussing the potential additional options, which, if agreed, would lift Bruton’s VLCC newbuilding programme to a total of …
https://splash247.com/bruton-weighs-further-vlcc-options/
https://splash247.com/bruton-weighs-further-vlcc-options/Greece’s Atlas Maritime has jumped straight back into the suezmax market, ordering new tonnage at South Korea’s DH Shipbuilding after locking in gains from tanker resales. Market sources say the Leon Patitsas-led owner has booked two firm suezmax newbuildings at the yard, with options attached for a further two vessels. Pricing is understood to be …
https://splash247.com/atlas-maritime-reloads-suezmax-orderbook/
https://splash247.com/atlas-maritime-reloads-suezmax-orderbook/German asset manager MPC Capital has teamed up with Norwegian investor Morten Astrup’s Storm Capital Management to launch a new shipping investment platform, kicking off with a $35m first close. The platform, dubbed MPC Storm Maritime Opportunities (MSO), has secured backing from a small group of seasoned maritime investors and is targeting more than $70m …
https://splash247.com/mpc-capital-and-morten-astrup-roll-out-new-shipping-investment-platform/
https://splash247.com/mpc-capital-and-morten-astrup-roll-out-new-shipping-investment-platform/A trade pact between the US and India that cuts American tariffs and ties New Delhi to a halt in Russian oil purchases has sent immediate tremors through tanker markets, with charterers and owners scrambling to rework routes, stems and bunker plans even as the deal’s legal mechanics remain vague. The headline pledge – India …
https://splash247.com/us-india-trade-deal-sparks-tanker-reroute/
https://splash247.com/us-india-trade-deal-sparks-tanker-reroute/Liner shipping’s descent into loss has been predicted repeatedly throughout the notoriously hard-to-predict 2020s. Now, however, the doomsayers are speaking in a louder voice. Asian consultancy Linerlytica, for instance, has warned in its latest weekly report that container shipping’s cash windfall is about to dry up as the sector’s super-cycle comes to an end. Japanese …
https://splash247.com/carriers-face-structural-reset-as-container-supercycle-ends/
https://splash247.com/carriers-face-structural-reset-as-container-supercycle-ends/Venezuelan oil exports rose to some 800,000 barrels per day (bpd) in January, from 498,000 bpd in December, after the U.S. capture of Nicolas Maduro and the ending of an oil blockade which has let traders carry most exports, shipping data showed.Washington…
https://www.marinelink.com/news/venezuelan-oil-exports-increase-bpd-535166
https://www.marinelink.com/news/venezuelan-oil-exports-increase-bpd-535166Growing electricity demand from AI and data centres, together with rising fuel use in Asia and European gas needs could turn an expected global liquefied natural gas supply glut into a shortage by 2030, Qatar Energy CEO Saad al-Kaabi said on…
https://www.marinelink.com/news/electricity-needs-ai-data-centers-may-535167
https://www.marinelink.com/news/electricity-needs-ai-data-centers-may-535167GTT announced that it has received, in early 2026, an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of four new Liquefied Natural Gas Carriers (LNGCs).The LNGCs will be built by the shipyard HD Hyundai Heavy Industries, each with a capacity of 200,000 m³.
https://www.marinelink.com/news/gtt-receives-lng-carriers-tank-design-535173
https://www.marinelink.com/news/gtt-receives-lng-carriers-tank-design-535173Ultra Maritime has secured a USD$54.6 million (£40 million) contract from the UK Ministry of Defense (MoD) to deliver sonobuoys for the Royal Navy’s Merlin Maritime Patrol Helicopter—significantly strengthening the UK’s undersea surveillance…
https://www.marinelink.com/news/ultra-maritime-secures-m-contract-535176
https://www.marinelink.com/news/ultra-maritime-secures-m-contract-535176The Panama Canal marked a significant milestone on Monday with the inaugural transit of the Neopanamax cruise ship, Disney Adventure, the largest passenger vessel by capacity and gross tonnage ever to transit the interoceanic waterway.The passage of the ship…
https://www.marinelink.com/news/cruise-ship-makes-record-panama-canal-535180
https://www.marinelink.com/news/cruise-ship-makes-record-panama-canal-535180