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The European Council has decided to extend the European Union’s maritime security operation, EUNAVFOR ASPIDES, to safeguard freedom of navigation in relation to the Red Sea crisis until February 28 next year, albeit on a smaller annual budget. “The decision reflects the EU’s continued commitment to maritime security, regional stability and the protection of global …
https://splash247.com/eu-extends-red-sea-naval-mission/
https://splash247.com/eu-extends-red-sea-naval-mission/European Union ministers failed to clinch a ban on maritime services to Russia and have delayed adoption of the bloc’s 20th sanctions package. Opposition to the move was led by Hungary. Negotiators remain split over proposals that would have curtailed insurance, classification and shipmanagement services to Russian operators — measures Brussels argued would choke Moscow’s …
https://splash247.com/eus-russia-maritime-services-ban-fails-to-pass/
https://splash247.com/eus-russia-maritime-services-ban-fails-to-pass/New York-listed tanker owner DHT Holdings has secured another high-paying long-term charter, fixing one of its oldest VLCCs at a rate above $100,000 per day. The Svein Moxnes Harfjeld-led company has sealed a one-year charter deal for the 2011-built DHT Redwood at $105,000 per day. The contract is set to kick off in March 2026 …
https://splash247.com/dht-fixes-vlcc-above-100000-a-day/
https://splash247.com/dht-fixes-vlcc-above-100000-a-day/Maersk and Mediterranean Shipping Co (MSC) have moved in to run key terminals at the entrances to the Panama Canal after Panama published a Supreme Court ruling annulling long‑running concessions held by CK Hutchison’s Panama Ports Company (PPC), clearing the way for an immediate handover and an 18‑month transition. The official gazette publication finalises the …
https://splash247.com/maersk-and-msc-handed-temporary-running-of-hutchisons-panamanian-terminals/
https://splash247.com/maersk-and-msc-handed-temporary-running-of-hutchisons-panamanian-terminals/All American Marine (AAM) is currently constructing a sister ship to the Chugach Express for Phillips Cruises & Tours.Building on the proven performance of the Chugach Express, the new high-speed, long-range eco-tour vessel will operate daily in Prince William Sound and be homeported in Whittier…
https://www.marinelink.com/news/american-marine-build-second-glacier-536053
https://www.marinelink.com/news/american-marine-build-second-glacier-536053Swan Defence and Heavy Industries Limited (SDHI) has announced it will complete five offshore support vessels (OSVs) for Kakinada-based San Maritime India, marking a further step in the revival of the Pipavav shipyard.San Maritime has begun…
https://www.marinelink.com/news/sdhi-complete-five-offshore-support-536056
https://www.marinelink.com/news/sdhi-complete-five-offshore-support-536056Kongsberg Discovery has launched two new variants of its EM2042 multibeam echosounder, extending high-resolution seabed mapping capabilities to deep-rated subsea vehicles and naval operations.The new EM2042 DR600 and EM2042 BNS build on the…
https://www.marinelink.com/news/kongsberg-discovery-expands-multibeam-536057
https://www.marinelink.com/news/kongsberg-discovery-expands-multibeam-536057Today, Monday, February 23 2026, the Baltic Dry Index climbed by 69 points, reaching 2112 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-climbs-to-2112-up-69-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2112-up-69-points/Today sees the launch of SplashTech, a one-stop-shop for all your shipping technology business news well as tech-related updates, giving readers all their shipping technology news in one source. With dedicated social media channels, and a weekly digest, SplashTech delivers all the key news shaping the future of shipping from across the world in the …
https://splash247.com/splashtech-launches-to-chart-the-future-of-shipping/
https://splash247.com/splashtech-launches-to-chart-the-future-of-shipping/The chief executive of German warship builder TKMS has called for consolidation within the defence industry in a speech published on Monday ahead of the company's annual general meeting."If defence capabilities are to be established more quickly…
https://www.marinelink.com/news/tkms-ceo-calls-defense-industry-536042
https://www.marinelink.com/news/tkms-ceo-calls-defense-industry-536042