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The US-Iran conflict has descended into an increasingly literal tanker war, with this week registering the largest wave of attacks on shipping since hostilities began on February 28. US forces destroyed five Iranian oil tankers on Tuesday after the Islamic Revolutionary Guard Corps targeted an American warship with ballistic missiles. The strikes followed attacks on …
https://splash247.com/hormuz-attacks-reach-wartime-high/
https://splash247.com/hormuz-attacks-reach-wartime-high/German shipowner Ernst Russ has doubled down on its move into tankers, acquiring another two chemical and product tanker newbuildings in China and fixing both to Cargill. The Hamburg-listed group has added two 18,500 dwt sisterships to the four-vessel programme it unveiled in April, taking its fast-emerging tanker fleet to six ships. The latest pair …
https://splash247.com/ernst-russ-doubles-down-on-tankers-with-cargill-backed-pair/
https://splash247.com/ernst-russ-doubles-down-on-tankers-with-cargill-backed-pair/A Greek-owned VLCC carrying around 2m barrels of Iraqi fuel oil was struck by a drone in Iraqi territorial waters on Wednesday. The 302,500 dwt New Andros was hit at around 06.00 local time east of Al-Faw, triggering a fire onboard. Iraqi rescue vessels extinguished the blaze and all 22 crewmembers were reported safe. Iraq’s …
https://splash247.com/greek-owned-vlcc-hit-by-drone-in-iraqi-waters/
https://splash247.com/greek-owned-vlcc-hit-by-drone-in-iraqi-waters/Freightos founder Zvi Schreiber has launched a public campaign to overhaul the digital freight platform’s board, arguing the company has abandoned growth, backed the wrong strategy and allowed shareholder value to collapse. Schreiber, who resigned from the board of the box booking platform in February, said Freightos’ decision to treat 2026 as a “transition year” …
https://splash247.com/freightos-founder-launches-boardroom-revolt/
https://splash247.com/freightos-founder-launches-boardroom-revolt/The countdown to Splash Singapore is entering its final fortnight, with delegate registrations accelerating and another group of senior shipping executives joining an already packed speaker lineup. The inaugural event takes place on Thursday, September 24 in the Stamford Ballroom at Raffles City Convention Centre, part of the five-star Fairmont Singapore. Among the latest additions …
https://splash247.com/splash-singapore-heads-into-final-fortnight-with-registrations-climbing/
https://splash247.com/splash-singapore-heads-into-final-fortnight-with-registrations-climbing/Iran said on Wednesday it had attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers, in the biggest declared wave of tit-for-tat attacks on shipping by both sides since the start of the six-month-old war.The attacks sent the price of oil surging…
https://www.marinelink.com/news/us-iran-strike-oil-tankers-biggest-attack-542833
https://www.marinelink.com/news/us-iran-strike-oil-tankers-biggest-attack-542833A tanker carrying about 2 million barrels of Iraqi fuel oil was struck by a drone in Iraqi territorial waters on Wednesday, port officials said, and British navy-affiliated UKMTO reported that several merchant vessels in the Gulf had been hit…
https://www.marinelink.com/news/iraqi-oil-tanker-hit-amidst-usiran-542834
https://www.marinelink.com/news/iraqi-oil-tanker-hit-amidst-usiran-542834The U.S. Third Circuit Court of Appeals reversed a key New Jersey water permit for U.S. energy company Williams Cos' long-delayed Northeast Supply Enhancement (NESE) natural gas pipeline project in Pennsylvania, New Jersey and New York.The court…
https://www.marinelink.com/news/us-court-reverses-nj-permit-williams-nese-542836
https://www.marinelink.com/news/us-court-reverses-nj-permit-williams-nese-542836Global trade in goods has strengthened from June despite geopolitical and policy-related uncertainties, the World Trade Organization said on Wednesday, signaling resilience in merchandise flows even as risks remain elevated.The September reading…
https://www.marinelink.com/news/wto-global-goods-trade-strengthens-542838
https://www.marinelink.com/news/wto-global-goods-trade-strengthens-542838Brent crude futures breached $100 a barrel on Wednesday for the first time since late July after Iran and the U.S. struck tankers in the biggest wave of attacks on shipping since the war began, threatening to worsen the ongoing impairment of…
https://www.marinelink.com/news/brent-crude-oil-prices-rise-above-barrel-542840
https://www.marinelink.com/news/brent-crude-oil-prices-rise-above-barrel-542840