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Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue…
https://www.marinelink.com/news/akofs-offshore-inks-new-vessel-deal-535956
https://www.marinelink.com/news/akofs-offshore-inks-new-vessel-deal-535956EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced its results for the three and twelve-month periods ended December 31, 2025. Fourth Quarter 2025 Highlights: Total net revenues of $17.4 million. Net income attributable to controlling shareholders, of $3.2 million or $1.14 earnings per share attributable ...
https://www.hellenicshippingnews.com/eurodry-ltd-benefitting-from-stronger-dry-bulk-market/
https://www.hellenicshippingnews.com/eurodry-ltd-benefitting-from-stronger-dry-bulk-market/Today, Friday, February 20 2026, the Baltic Dry Index climbed by 24 points, reaching 2043 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-2043-up-24-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2043-up-24-points/Norwegian offshore vessel owner DOF has entered into an agreement to purchase the Aurora Saltfjord and Aurora Sandefjord anchor handlers from Aurora Offshore. The vessels are 2011-built anchor handling tug supply (AHTS) vessels with a bollard pull of almost 400 metric tonnes, making them among the most powerful AHTS vessels globally. As part of upgrading …
https://splash247.com/dof-buys-two-aurora-offshore-anchor-handlers-in-100m-fleet-upgrade/
https://splash247.com/dof-buys-two-aurora-offshore-anchor-handlers-in-100m-fleet-upgrade/Swiss-based offshore drilling giant Transocean has secured additional work for three of its harsh-environment semisubmersibles. Transocean said in its fleet status report that the Transocean Enabler was awarded three fixtures by Equinor for a total of seven wells in Norway, at a dayrate of $455,000. The Norwegian energy giant has recently exercised two one-well options …
https://splash247.com/transocean-bags-more-work-for-three-semisubs/
https://splash247.com/transocean-bags-more-work-for-three-semisubs/Robert Oliver is a historical novelist whose work examines how risk, power, and decision-making collide under pressure. This month he has published Armada: The Fire, which chronicles the decades leading to the attempted Spanish Armada invasion of England in 1588. Writing for Splash, he argues that there are many lessons commercial shipping can learn from this …
https://splash247.com/what-the-spanish-armada-still-teaches-us-about-leadership/
https://splash247.com/what-the-spanish-armada-still-teaches-us-about-leadership/Dubai-based Emirates Shipping Line has appointed Sushil Sriram as chief executive officer, replacing Till Ole Barrelet, who is stepping down after four years in the role. Sriram joined ESL in January 2024 as chief trade officer and has since worked alongside the senior team on network development and commercial strategy. He brings around 20 years …
https://splash247.com/leadership-change-at-emirates-shipping-line/
https://splash247.com/leadership-change-at-emirates-shipping-line/New York-listed tanker owner DHT Holdings has secured its second high-paying time charter this week, fixing one of its 2012-built VLCCs at $94,000 per day for one year. The contract, concluded with an unnamed global energy company, is for the 314,200 dwt HD Hyundai Samho-built DHT Taiga and due to start in March this year. …
https://splash247.com/dht-locks-in-second-vlcc-at-premium-rate/
https://splash247.com/dht-locks-in-second-vlcc-at-premium-rate/New Zealand on Friday unveiled its largest sanctions package to date, targeting Russia-linked shipping, expanding measures to include 23 individuals, 13 entities and 100 vessels, and lowering the oil price cap for Russian-origin crude to $44.10 per barrel. The announcement comes as the European Union negotiates a 20th sanctions package against Russia. Europe plans to …
A planned $4.2bn sale of ZIM to Germany’s Hapag-Lloyd sparked protests and a strike in Israel this week. Under the structure outlined, Hapag-Lloyd will acquire ZIM and then carve out its Israeli operations into a separate entity to be controlled by FIMI. The new company, to be known as “New ZIM”, will operate 16 vessels …
https://splash247.com/splash-wrap-zim-sale-tops-the-agenda/
https://splash247.com/splash-wrap-zim-sale-tops-the-agenda/