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Transit through the Strait of Hormuz appeared to grind to a near standstill on Friday after two more ships were attacked there and the United States said it could maintain a naval blockade of Iran indefinitely.A senior Iranian source said on…
https://www.marinelink.com/news/hormuz-traffic-dwindles-us-threatens-542122
https://www.marinelink.com/news/hormuz-traffic-dwindles-us-threatens-542122SAAM Towage received the "Carbon Footprint Reduction" award from Panama's Ministry of the Environment (Level 3) as part of the national "Reduce Your Corporate Carbon Footprint" program. The award recognizes the company's efforts to reduce its carbon emissions during the 2024 and 2025 periods…
https://www.marinelink.com/news/saam-towage-receives-carbon-footprint-542126
https://www.marinelink.com/news/saam-towage-receives-carbon-footprint-542126Anna Angelicoussis-led Pantheon Tankers has returned to the MR newbuilding market with a fresh order in China, ending a lengthy absence from the segment. The Athens-based tanker major has been linked to a new MR construction deal at COSCO Guangdong Shipyard for a pair of 50,000 dwt newbuilds. Details covering price and delivery dates have …
https://splash247.com/pantheon-tankers-returns-to-mr-newbuilds-with-china-order/
https://splash247.com/pantheon-tankers-returns-to-mr-newbuilds-with-china-order/Shipping has always made money from distance. Increasingly, it is also having to make peace with detours. The defining theme of the week was an industry being forced to find another way around war, drought and infrastructure that can no longer be relied upon. Sometimes the detour means sailing thousands of extra miles. Sometimes it …
https://splash247.com/splash-wrap-the-detour-economy/
https://splash247.com/splash-wrap-the-detour-economy/Taiwan’s Franbo Lines is taking its fast-growing multipurpose newbuilding programme back to Japan, approving a $29m vessel that lifts its MPP expansion slate to 12 ships. The Taipei-listed owner has cleared a 16,500 dwt Singapore-flagged newbuild at an unidentified Japanese yard through newly established vessel-owning vehicle Franbo Jade. No delivery date has been disclosed. The …
https://splash247.com/franbo-adds-japanese-newbuild-to-growing-mpp-programme/
https://splash247.com/franbo-adds-japanese-newbuild-to-growing-mpp-programme/U.S. President Donald Trump has allowed the Navy to build ships overseas and ordered it to abandon a complex system for launching jet fighters from its aircraft carriers and instead return to using steam catapults, the White House said on Thursday.Trump…
https://www.marinelink.com/news/trump-orders-carriers-retrofit-aircraft-542116
https://www.marinelink.com/news/trump-orders-carriers-retrofit-aircraft-542116Today, Thursday, August 13 2026, the Baltic Dry Index decreased by 95 points, reaching 2844 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2844-down-95-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2844-down-95-points/Today, Friday, August 14 2026, the Baltic Dry Index climbed 19 points, 3089 2863 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2863-up-19-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2863-up-19-points/Norwegian offshore vessel owner Solstad Maritime has signed a letter of intent with an unnamed client for the hire of one of its CSVs. The two parties penned a letter of intent for the 2001-built CSV Normand Cutter. The contract will commence in the fourth quarter of 2026 or the first quarter of 2027. It …
https://splash247.com/solstad-lands-long-term-csv-contract-in-west-africa/
https://splash247.com/solstad-lands-long-term-csv-contract-in-west-africa/An open letter to global shipbrokers from a battle-hardened charterer. Hey, you “brilliant” international shipbrokers, look at yourselves. You really think you are the smartest guys in the room, don’t you? Let me break your illusion: you are operating like cavemen from the 18th century, hiding in your little caves, whispering code words to each …
https://splash247.com/why-shipbrokers-are-leaving-money-on-the-table/
https://splash247.com/why-shipbrokers-are-leaving-money-on-the-table/