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Shipyards and owners are increasingly willing to wait a long time for newbuilds. New data from Danish Ship Finance shows that 20% of all ships on order today will deliver only after more than three years from now. At the beginning of 2021, only around 5% of the global orderbook had been due for delivery …
https://splash247.com/shipyard-delivery-lead-times-extend-towards-the-end-of-the-decade/
https://splash247.com/shipyard-delivery-lead-times-extend-towards-the-end-of-the-decade/The Houthis from Yemen appear not to have got this week’s memo from the White House claiming that the Red Sea shipping crisis is drawing to a close. Donald Trump, the American president, said on Tuesday that after more than 17 months, the Houthis have agreed to halt their attacks on shipping and that Washington …
https://splash247.com/no-quick-resumption-of-red-sea-transits-on-the-cards/
https://splash247.com/no-quick-resumption-of-red-sea-transits-on-the-cards/Japanese owner and operator Idemitsu Tanker has contracted to build two methanol dual-fuel VLCCs. The 339.5 m long, 309,400 dwt vessels are developed together with Japanese shipping lines Nippon Yusen Kaisha (NYK), Iino Kaiun Kaisha (Iino Lines) and Nihon Shipyard (NSY), a joint venture between Imabari Shipbuilding and Japan Marine United. The units, costing about …
https://splash247.com/idemitsu-tanker-orders-methanol-dual-fuel-vlcc-pair/
https://splash247.com/idemitsu-tanker-orders-methanol-dual-fuel-vlcc-pair/Greek owner Evalend Shipping has been linked to a fresh newbuilding deal in South Korea, this time for a pair of suezmax tankers. Shipbuilding sources report that the Kriton Lendoudis-led company has contracted 157,000 dwt units at HD Hyundai Samho for delivery in the first half of 2027. HD Korea Shipbuilding & Offshore Engineering (HD …
https://splash247.com/evalend-books-suezmax-newbuilds/
https://splash247.com/evalend-books-suezmax-newbuilds/The United States said on Wednesday it plans to call for U.N. sanctions against vessels identified as taking part in circumvention of United Nations resolutions to combat North Korea's nuclear and missile programs.The British-based Open Source…
https://www.marinelink.com/news/us-seek-un-sanctions-ships-taking-north-525479
https://www.marinelink.com/news/us-seek-un-sanctions-ships-taking-north-525479U.S. energy groups are asking President Donald Trump's administration to exempt liquefied natural gas tankers from a new rule that will require producers to move an increasing percentage of their exports on U.S.-built vessels as part of a broader push to revive domestic shipbuilding.The U.S.
https://www.marinelink.com/news/us-companies-seek-exemption-trump-lng-525480
https://www.marinelink.com/news/us-companies-seek-exemption-trump-lng-525480A ceasefire deal between Yemen's Houthis and the U.S. does not include sparing Israel, the group said on Wednesday, suggesting its shipping attacks that have disrupted global trade and challenged world powers will not come to a complete halt.President Donald Trump announced on Tuesday the U.S.
https://www.marinelink.com/news/houthi-ceasefire-deal-excludes-israel-525482
https://www.marinelink.com/news/houthi-ceasefire-deal-excludes-israel-525482Odfjell SE has reported its results for the first quarter of 2025, showing a resilient financial result despite the increased market uncertainty due to the initial U.S. trade tariffs announcement.The Odfjell Group is one of the leading players…
https://www.marinelink.com/news/odfjell-announces-resilient-financial-525483
https://www.marinelink.com/news/odfjell-announces-resilient-financial-525483MarineShift360 has unveiled the first cohort of its Impact Accelerator Program, selecting three pioneering organizations to advance sustainability across the marine industry.Following a competitive selection process, the Royal National Lifeboat Institution (RNLI…
https://www.marinelink.com/news/marineshift-unveils-first-impact-525484
https://www.marinelink.com/news/marineshift-unveils-first-impact-525484On World Donkey Day (May 8), international animal welfare charity, The Donkey Sanctuary, acknowledges Swire Shipping as the first global shipping line to commit publicly to a ‘No Donkey Skins Carriage policy’.In February last year, African Heads…
https://www.marinelink.com/news/swire-shipping-bans-carriage-donkey-skins-525485
https://www.marinelink.com/news/swire-shipping-bans-carriage-donkey-skins-525485