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Bermuda-domiciled dry bulk operator C Transport Maritime has brought Japan’s Tokyo Century Corporation and Norway’s Barque onto its register as new shareholders. As part of the deal, both investors have taken equity stakes in the company and appointed representatives to the board. Financial details were not disclosed. CTM will remain majority-owned by Bretta Navigation Corporation, …
https://splash247.com/radziwills-ctm-adds-firepower-with-new-investors/
https://splash247.com/radziwills-ctm-adds-firepower-with-new-investors/New York-listed Navigator Holdings has secured a $133.7m loan to finance two liquefied ethylene gas carriers under construction in China. The handysize LPG carrier specialist said subsidiaries Navigator Parsec and Navigator Pleione signed the facility agreement with ABN AMRO Bank, Crédit Agricole Corporate & Investment Bank and Nordea Bank Abp. The loan will fund up …
https://splash247.com/navigator-fixes-newbuild-financing/
https://splash247.com/navigator-fixes-newbuild-financing/Oil surged 9% on Monday after retaliatory Iranian attacks disrupted shipping in the crucial Strait of Hormuz following the weekend's bombing by Israel and the United States that killed Iranian Supreme Leader Ali Khamenei.A sustained jump in prices would threaten a global economic recovery…
https://www.marinelink.com/news/oil-middle-eastern-war-rages-536336
https://www.marinelink.com/news/oil-middle-eastern-war-rages-536336Marine insurers are cancelling war risk coverage for vessels and oil shipping rates are set to surge further after the widening Iran conflict left at least three tankers damaged, a seafarer killed and 150 ships stranded around the Strait of Hormuz.Iran has responded to U.S.
https://www.marinelink.com/news/commercial-vessel-risk-rises-sharply-536338
https://www.marinelink.com/news/commercial-vessel-risk-rises-sharply-536338According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 17 new orders for alternative-fuelled vessels were placed in February 2026.This was almost entirely accounted for by LNG-fuelled vessels (14), with all of these orders placed by the container segment.
https://www.marinelink.com/news/maritime-vessel-uptake-alt-fuels-proceeds-536341
https://www.marinelink.com/news/maritime-vessel-uptake-alt-fuels-proceeds-536341After a softer 2025, floater backlog is strengthening for 2026 and beyond, driven by early contracting, strong South American demand, and a growing pipeline of 2027+ programs.By the close of 2025, total floating rig backlog days had fallen 25% compared with 2024.
https://www.marinelink.com/news/floater-backlog-showing-signs-536346
https://www.marinelink.com/news/floater-backlog-showing-signs-536346Norwegian Cruise Line Holdings forecast annual profit below Wall Street expectations, as demand for its higher‑priced voyages softened amid economic uncertainty and rising geopolitical tensions.Shares of Norwegian fell about 7% in premarket trading…
https://www.marinelink.com/news/norwegian-cruise-line-projects-weak-536347
https://www.marinelink.com/news/norwegian-cruise-line-projects-weak-536347Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, two seafarers killed and 150 ships stranded around the Strait of Hormuz.Shipping through the strait between Iran and Oman…
https://www.marinelink.com/news/us-flag-tanker-damaged-vessels-stranded-536348
https://www.marinelink.com/news/us-flag-tanker-damaged-vessels-stranded-536348ACUA Ocean has announced the launch of FleetMind, an integrated platform monitoring system for autonomous vessels, filling a gap in the medium and large unmanned surface vehicle (USV) management capability.While existing autonomy software solutions focus on command and control…
https://www.marinelink.com/news/acua-ocean-unveils-fleetmind-integrated-536356
https://www.marinelink.com/news/acua-ocean-unveils-fleetmind-integrated-536356ClassNK has issued approvals in principle (AiPs) for the concept designs of Bulk Carrier installed with a Membrane-based Onboard Carbon Capture and Storage System (OCCS) and 83,000m3 Ammonia Carrier with IMO Type B Independent Tank developed by Oshima Shipbuilding Co., Ltd.
https://www.marinelink.com/news/classnk-issues-aips-bulk-carrier-concept-536358
https://www.marinelink.com/news/classnk-issues-aips-bulk-carrier-concept-536358