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Friday saw the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) slap sanctions on nine more shadow fleet vessels and their respective owners or management firms over their ties to Iran. “The Iranian regime is engaged in a ritual of economic self-immolation—a process that has been accelerated by President Trump’s maximum pressure …
https://splash247.com/us-sanctions-another-nine-vessels-linked-to-iran/
https://splash247.com/us-sanctions-another-nine-vessels-linked-to-iran/As a US carrier strike group makes its way to the Gulf, a familiar foe to commercial shipping has reared its head for the first time in months. A video titled ‘Soon’ published overnight by the Houthis, carried below, suggests the Iranian-backed Yemeni military group is gearing up to target vessels once again. Tomorrow marks …
https://splash247.com/houthis-tease-new-strikes-amid-us-carrier-build-up-in-the-gulf/
https://splash247.com/houthis-tease-new-strikes-amid-us-carrier-build-up-in-the-gulf/Atlantica Shipping has marked its return to the dry bulk sector with the delivery of a kamsarmax bulker, ending a brief period as an offshore-only outfit. The Oslo-based company has taken delivery of the 2011-built kamsarmax Atlantica Star, which recently joined the fleet. The vessel will be placed under technical management with Greek bulker specialist …
https://splash247.com/atlantica-shipping-re-enters-dry-bulk/
https://splash247.com/atlantica-shipping-re-enters-dry-bulk/SLX Group Ltd has announced the acquisition of Clements Engineering (St Neots) Limited, the Bedfordshire-based specialist in marine propellers, marine shafts, sterntube assemblies and ancillary equipment for small-to-medium-sized leisure and…
https://www.marinelink.com/news/slx-group-acquires-clements-engineering-534810
https://www.marinelink.com/news/slx-group-acquires-clements-engineering-534810Finland’s Border Guard is setting up a maritime surveillance centre together with other Baltic Sea states and the European Commission for the protection of critical undersea infrastructure in the Gulf of Finland, it said on Monday."Competent authorities must have the capability and the authority to
https://www.marinelink.com/news/finland-joins-eu-baltic-partners-534831
https://www.marinelink.com/news/finland-joins-eu-baltic-partners-534831Fincantieri has signed new contracts with the Italian Navy to enhance the cyber resilience of modern naval units, strengthening protection against cyber threats to onboard systems and mission security.The contracts, signed through e-phors, a subsidiary of Fincantieri NexTech…
https://www.marinelink.com/news/fincantieri-signs-cyber-resilience-534835
https://www.marinelink.com/news/fincantieri-signs-cyber-resilience-534835Frontline has locked in one-year time charters for seven of its VLCCs at rates not seen in decades, underlining just how hot the crude tanker market has become. The New York- and Oslo-listed owner said the charters will run for 12 months, starting between late January and April 2026, at an average rate of $76,900 …
https://splash247.com/frontline-fixes-seven-vlccs-at-near-77000-a-day/
https://splash247.com/frontline-fixes-seven-vlccs-at-near-77000-a-day/Greek shipowner TMS Cardiff Gas has added fresh LNG carrier tonnage to its orderbook, with an agreement for up to six newbuildings at Hudong-Zhonghua Shipbuilding in China. The George Economou-led company is understood to have signed up for four firm 174,000 cbm LNG carriers, with options for a further two. No contract price or delivery …
https://splash247.com/tms-cardiff-gas-expands-lng-orderbook-with-chinese-deal/
https://splash247.com/tms-cardiff-gas-expands-lng-orderbook-with-chinese-deal/Greek shipowner JHI Steamship has stepped up its tanker expansion with an order for two suezmax newbuildings at HD Hyundai Samho Heavy Industries in South Korea. The 157,000 dwt crude carriers are scheduled for delivery between the fourth quarter of 2028 and the second quarter of 2029, according to market sources. Price tags have not …
https://splash247.com/jhi-steamship-widens-tanker-bet-with-hd-hyundai-suezmaxes/
https://splash247.com/jhi-steamship-widens-tanker-bet-with-hd-hyundai-suezmaxes/A migrant has been rescued and 50 others are feared drowned after a boat sank in the Mediterranean, officials said on Sunday.The man had been in the sea for 24 hours and said he believed everyone else on the vessel had died, according to the…
https://www.marinelink.com/news/one-rescued-feared-drowned-migrant-boat-534821
https://www.marinelink.com/news/one-rescued-feared-drowned-migrant-boat-534821