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Danish dry bulk operator Union Bulk has confirmed that chief executive Michael Bonderup is stepping down, marking another leadership change for the handysize and supramax specialist. Bonderup, formerly head of handysize operator BaltNav, took over as CEO in November 2024, replacing Jens Riis Boesen. Union Bulk said executive responsibility will now pass back to Boesen, …
https://splash247.com/union-bulk-ceo-bonderup-steps-down/
https://splash247.com/union-bulk-ceo-bonderup-steps-down/Danish shipowner and freight trader Navi Merchants has appointed Rasmus Saltofte as its new chief executive, adding a seasoned dry bulk executive to lead the Copenhagen Merchants Group subsidiary. Saltofte joins Navi Merchants after nearly 20 years at Norden, where he most recently ran the company’s dry cargo business. Navi Merchants is a wholly owned …
https://splash247.com/navi-merchants-names-ex-norden-dry-cargo-head-saltofte-as-ceo/
https://splash247.com/navi-merchants-names-ex-norden-dry-cargo-head-saltofte-as-ceo/China Merchants Energy Shipping (CMES) is moving into the shuttle tanker segment with an order for up to two newbuildings at Dalian Shipbuilding Industry Co (DSIC). The Shanghai-listed shipping arm of China Merchants Group has signed a contract for one firm 154,000 dwt unit, with an option for a second vessel. The order was disclosed …
https://splash247.com/china-merchants-lines-up-shuttle-tanker-newbuilds/
https://splash247.com/china-merchants-lines-up-shuttle-tanker-newbuilds/South Korea has formally elevated Arctic shipping into national policy, with Seoul planning its first-ever container ship trial voyage via the Northern Sea Route later this year. The Ministry of Oceans and Fisheries (MOF) confirmed it is preparing a September trial using a 3,000 teu-class containership sailing from Busan to Rotterdam, marking the country’s first …
https://splash247.com/south-korea-puts-arctic-shipping-on-policy-map-with-first-boxship-trial/
https://splash247.com/south-korea-puts-arctic-shipping-on-policy-map-with-first-boxship-trial/Latvia is pressing ahead with its investigation into the latest subsea cable cutting incident in the region, even after police said they have found no evidence linking a ship inspected in Liepaja to the damage. Latvian authorities said on Monday that an underwater telecommunications cable running between Latvia and Lithuania was damaged on Friday near …
https://splash247.com/baltic-cable-probe-widens-as-latvia-finds-no-link-to-inspected-ship/
https://splash247.com/baltic-cable-probe-widens-as-latvia-finds-no-link-to-inspected-ship/The extradition of Venezuelan president Nicolás Maduro to the United States has sent fresh ripples through tanker markets, not because barrels have suddenly disappeared, but because the political shock is reshaping trade routes, risk appetite and the definition of what constitutes tradable tonnage. Brokers and analysts say the immediate impact has been felt at the …
https://splash247.com/venezuela-crisis-widens-gap-between-mainstream-and-grey-tonnage/
https://splash247.com/venezuela-crisis-widens-gap-between-mainstream-and-grey-tonnage/On December 12, the U.S. Coast Guard released their report on the collision between small passenger vessel PROWLER and yacht ATTESSA IV, flagged under the Cayman Islands. The collision occurred on October 26, 2018 in the San Diego Bay and resulted in the loss of one life.
https://www.marinelink.com/news/us-coast-guard-releases-report-passenger-534032
https://www.marinelink.com/news/us-coast-guard-releases-report-passenger-534032Master Boat Builders, Inc. announced the successful launch of the Jill, marking a milestone in its ongoing partnership with Gulf LNG Tugs of Port Arthur, LLC, a joint venture comprised of Bay-Houston Management, LLC; Bay Towing, LLC; Moran Towing Corporation; and Suderman & Young Towing Company.
https://www.marinelink.com/news/gulf-lng-partners-delivery-final-rapport-534037
https://www.marinelink.com/news/gulf-lng-partners-delivery-final-rapport-534037About a dozen tankers loaded with Venezuelan crude oil and fuel have left the country's waters in dark mode since the start of the year, according to documents seen by Reuters and industry sources including monitoring service TankerTrackers.com.The…
https://www.marinelink.com/news/oil-tankers-depart-venezuela-despite-534026
https://www.marinelink.com/news/oil-tankers-depart-venezuela-despite-534026An oil tanker chartered by U.S. Chevron carrying some 300,000 barrels of Venezuelan heavy crude bound for the U.S. Gulf Coast departed on Monday from the OPEC country's waters, shipping data showed, after a four-day pause in the company's exports…
https://www.marinelink.com/news/chevron-resumes-exports-venezuelan-oil-us-534027
https://www.marinelink.com/news/chevron-resumes-exports-venezuelan-oil-us-534027