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Taiwan remained on high alert on Wednesday after China staged massive military drills around the island the previous day, keeping its emergency maritime response centre running as it monitored Chinese naval manoeuvres, the coast guard said.The…
https://www.marinelink.com/news/taiwan-alert-china-withdraws-ships-533949
https://www.marinelink.com/news/taiwan-alert-china-withdraws-ships-533949Singapore-listed First Ship Leasing Trust (FSL) has strengthened earnings visibility after agreeing a package of charter extensions with James Fisher Everard, the tanker arm of the James Fisher Group. FSL said it has extended the charters for the product tankers Speciality, Seniority and Superiority, with new periods ranging from five months to four years. At …
https://splash247.com/fsl-extends-product-tanker-cover-with-james-fisher/
https://splash247.com/fsl-extends-product-tanker-cover-with-james-fisher/Shanghai-listed Jinjiang Shipping has moved to grow its container fleet, unveiling plans to invest up to RMB 1.94bn (about $270m) in a series of bangkokmax newbuildings. The Shanghai International Port Group-controlled carrier has approved a proposal to order four 1,800 teu containerships, with options for a further four of the same design. The firm ships …
https://splash247.com/jinjiang-shipping-eyes-up-to-eight-boxship-newbuilds/
https://splash247.com/jinjiang-shipping-eyes-up-to-eight-boxship-newbuilds/Hong Kong-listed Seacon Shipping has moved to reshape its newbuilding pipeline, taking over contracts for six ultramax bulk carriers and lining up long-term leaseback financing to fund the deal. The company said it has entered into novation agreements to assume all rights and obligations under existing shipbuilding contracts for six 63,800 dwt bulkers at Nantong …
https://splash247.com/seacon-snaps-up-six-ultramax-resales/
https://splash247.com/seacon-snaps-up-six-ultramax-resales/Oil prices were steady in choppy trade on Tuesday as investors weighed dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen.Brent crude futures for February delivery, which expire on Tuesday…
https://www.marinelink.com/news/oil-prices-stabilize-russiaukraine-peace-533932
https://www.marinelink.com/news/oil-prices-stabilize-russiaukraine-peace-533932Saipem has been awarded two offshore contracts in Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term Agreement with Aramco.The first contract (CRPO 162), with a duration of 32 months, encompasses the Engineering…
https://www.marinelink.com/news/saipem-awarded-two-offshore-contracts-533934
https://www.marinelink.com/news/saipem-awarded-two-offshore-contracts-533934At least two oil tankers have made their way to Venezuela in recent days and others are navigating towards the country, a sign of state-run PDVSA's effort to expand floating storage and keep selling crude even as a U.S. blockade has reduced exports to a minimum.U.S.
https://www.marinelink.com/news/oil-tankers-arrive-venezuela-despite-us-533935
https://www.marinelink.com/news/oil-tankers-arrive-venezuela-despite-us-533935Throughout 2025 we have seen the subsea vessel market transitioning from a period of record highs towards a more cautious, but still fundamentally strong, outlook. While short-term activity and rates have softened in the latter part of the year…
https://www.marinelink.com/news/subsea-vessel-market-outlook-robust-533915
https://www.marinelink.com/news/subsea-vessel-market-outlook-robust-533915The U.S. Coast Guard announced the award of two contracts to build up to six Arctic Security Cutter (ASC) icebreakers between the United States and Finland..Contracts were awarded to Rauma Marine Constructions Oy of Rauma, Finland, and Bollinger Shipyards Lockport, L.L.C.
https://www.marinelink.com/news/uscg-awards-icebreaker-vessel-533916
https://www.marinelink.com/news/uscg-awards-icebreaker-vessel-533916HII’s Ingalls Shipbuilding division has delivered Arleigh Burke-class guided missile destroyer Ted Stevens (DDG 128) to the U.S. Navy. This marks the second Flight III Arleigh Burke-class destroyer to be delivered by Ingalls shipbuilders.“The…
https://www.marinelink.com/news/hii-delivers-destroyer-ted-stevens-ddg-us-533917
https://www.marinelink.com/news/hii-delivers-destroyer-ted-stevens-ddg-us-533917