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Elon Musk’s Starlink might have had a banner couple of years building up a huge maritime following, but a court case in China last month serves as a reminder that the satcom provider faces hurdles in offering global coverage. China has started going after Starlink at sea, firing a clear warning shot at owners using …
https://splash247.com/starlink-runs-into-a-wall-in-chinese-waters/
https://splash247.com/starlink-runs-into-a-wall-in-chinese-waters/The podium among global boxports remains the same going into 2026, with the three top Asian hubs reporting swelling container traffic in 2025 despite the cloudier global trading conditions. Shanghai International Port Group (SIPG) has reported a record-breaking 55.06m teu in throughput for 2025, a 6.9% annual increase in throughput, ensuring it retains its crown …
https://splash247.com/familiar-asian-cities-top-the-boxport-podium/
https://splash247.com/familiar-asian-cities-top-the-boxport-podium/Four Greek‑managed tankers have been drawn into the escalating drone war in the Black Sea, with Ukrainian sources claiming a quartet of ships off Novorossiysk were targeted early on Tuesday as Kyiv and Moscow continue to trade blows against each other’s energy arteries. Delta Harmony, Delta Supreme, Matilda and Freud – all under Greek management …
https://splash247.com/ukrainian-drones-target-greek-tankers-off-novorossiysk/
https://splash247.com/ukrainian-drones-target-greek-tankers-off-novorossiysk/US events and media group Diversified has acquired Marine Money, the long-running shipping finance conference and publishing brand, adding a financial pillar to its growing commercial marine portfolio. The Portland, Maine-based company said it has bought Marine Money from International Marketing Strategies (IMS), bringing one of the best-known names in maritime finance under the same …
https://splash247.com/marine-money-changes-hands/
https://splash247.com/marine-money-changes-hands/China’s COSCO Shipping Bulk has moved to blur the traditional lines between dry bulk and liner shipping, ordering a series of container-capable newcastlemax bulk carriers in a deal that underlines how cargo flexibility is becoming a strategic asset. Busy COSCO has also revealed a major containership ordering spree, lining up 18 newbuildings worth about $2.7bn. …
https://splash247.com/container-capable-newcastlemax-newbuilds-emerge-as-cosco-breaks-the-mould/
https://splash247.com/container-capable-newcastlemax-newbuilds-emerge-as-cosco-breaks-the-mould/A Korean shipping major’s decision to cash in its container chips and invest them in VLCCs is having major repercussions in the sale and purchase markets. Brokers are agog at Sinokor’s market-altering decision to largely exit the container scene in favour of supertankers, paying over the odds for available VLCC tonnage. Oslo-based Gersemi Asset Management …
https://splash247.com/sinokor-cashes-out-of-boxes-in-3bn-pivot-to-vlccs/
https://splash247.com/sinokor-cashes-out-of-boxes-in-3bn-pivot-to-vlccs/A takeover tussle is brewing in the US-listed dry bulk space after Genco Shipping & Trading formally rejected a cash buyout approach from Greek peer Diana Shipping, setting the stage for a public war of words between two established owners. The non-binding offer, tabled in November 2025, sought to acquire all Genco shares not already …
https://splash247.com/genco-slams-door-on-dianas-takeover-bid/
https://splash247.com/genco-slams-door-on-dianas-takeover-bid/The United States is gearing up to grab a lot more Venezuela‑linked tonnage, with scores of seizure warrants now in play as Washington tightens its grip on the country’s oil exports and the shadow fleet that moves them. According to sources quoted by Reuters, the US government has filed for court warrants to seize “dozens” …
https://splash247.com/us-targets-dozens-of-venezuela%e2%80%91linked-tankers-in-shadow-fleet-squeeze/
https://splash247.com/us-targets-dozens-of-venezuela%e2%80%91linked-tankers-in-shadow-fleet-squeeze/Containerised energy modules could be a common sight onboard the global merchant fleet of the future, says a leading name in retrofitting in this week’s big Maritime CEO interview. According to Hannes Lilp, CEO of the repair and retrofit company SRC Group, the interest in alternative fuels shows no sign of ebbing, and he is …
https://splash247.com/src-group-containerised-energy-modules-to-the-fore/
https://splash247.com/src-group-containerised-energy-modules-to-the-fore/Gulf Island Fabrication has announced that the acquisition of the company by IES Holdings was approved at its special meeting of shareholders held on January 13.The strategic rationale for IES is:Strategically located Gulf Coast fabrication campus: Gulf Island’s Houma…
https://www.marinelink.com/news/gulf-island-shareholders-vote-approve-534370
https://www.marinelink.com/news/gulf-island-shareholders-vote-approve-534370