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Taiwanese liner group Yang Ming has returned to the newbuilding market through its bulk shipping arm Kuang Ming Shipping, placing orders for four ultramax bulk carriers in Japan. According to a stock exchange filing, the contracts carry a combined value of between NT$4.9bn and NT$5.4bn (about $155m–$171m), signalling longer-term confidence in dry bulk demand. The …
https://splash247.com/yang-mings-dry-bulk-arm-lines-up-ultramax-quartet-at-japanese-yards/
https://splash247.com/yang-mings-dry-bulk-arm-lines-up-ultramax-quartet-at-japanese-yards/Greek interests remain active in the newbuilding market, with Monte Nero Maritime securing a pair of LR2 product tanker orders at China’s fast-growing Hengli Shipbuilding. In a regulatory filing over the weekend, Songfa Ceramics, the Shanghai-listed parent of Hengli Shipbuilding, disclosed that the yard has signed contracts for two 114,000 dwt LR2 product tankers. The …
https://splash247.com/monte-nero-expands-tanker-play-with-lr2-order-in-china/
https://splash247.com/monte-nero-expands-tanker-play-with-lr2-order-in-china/Pacific Basin Shipping has turned to China for its latest newbuilding move, signing up a quartet of handysize bulk carriers in a break from its long-standing preference for Japanese yards. The Hong Kong-listed owner-operator of more than 250 bulkers has struck a deal at Jiangmen Nanyang Ship Engineering (JNS) to acquire four 40,000 dwt vessels …
https://splash247.com/pacific-basin-signs-up-for-chinese-handysize-newbuilds/
https://splash247.com/pacific-basin-signs-up-for-chinese-handysize-newbuilds/Idan Ofer’s Eastern Pacific Shipping has added another slice to its already sizeable newbuilding programme, this time with a fresh capesize bulker order in China. The Singapore-headquartered owner has signed up four 180,000 dwt capesize bulk carriers at Hengli Shipbuilding. The vessels are set for delivery in 2027, with the deal valued between $200m and …
https://splash247.com/eastern-pacific-adds-capes-to-swelling-hengli-orderbook/
https://splash247.com/eastern-pacific-adds-capes-to-swelling-hengli-orderbook/Iran has seized a foreign oil tanker near the Iranian island of Qeshm in the Gulf, saying it was carrying 4 million litres of smuggled fuel, state media reported on Friday.Authorities did not name the vessel or disclose its nationality. They…
https://www.marinelink.com/news/iran-seizes-foreign-tanker-alleged-fuel-533865
https://www.marinelink.com/news/iran-seizes-foreign-tanker-alleged-fuel-533865The White House has ordered U.S. military forces to focus almost exclusively on enforcing a "quarantine" of Venezuelan oil for at least the next two months, a U.S. official told Reuters, indicating Washington is currently more interested in…
https://www.marinelink.com/news/us-orders-military-enforce-quarantine-533867
https://www.marinelink.com/news/us-orders-military-enforce-quarantine-533867On January 8, 2026, NYK will launch an expert committee dedicated to the long-term preservation of Hikawa Maru, a national Important Cultural Property moored in front of Yokohama’s Yamashita Park.Since 2024, NYK has been conducting surveys on…
https://www.marinelink.com/news/maritime-history-effort-underway-preserve-533872
https://www.marinelink.com/news/maritime-history-effort-underway-preserve-533872Mitsui O.S.K. Lines (MOL) has secured an approval in principle (AiP) from ClassNK for the basic design of specialized vessels to joint and bury subsea power cables.MOL is working with Sumitomo Electric Industries, Furukawa Electric and Nippon…
https://www.marinelink.com/news/mol-gets-classnk-approval-jointing-burial-533847
https://www.marinelink.com/news/mol-gets-classnk-approval-jointing-burial-533847Norwegian offshore vessel owner Eidesvik Offshore has secured a contract for its Viking Princess platform supply vessel (PSV).The contract has been signed with operators DNO Norge, Sval Energi, which is another DNO subsidiary, and Wellesley…
https://www.marinelink.com/news/eidesvik-offshore-secures-work-viking-533851
https://www.marinelink.com/news/eidesvik-offshore-secures-work-viking-533851Phoenix's International (Phoenix) recently assisted the Naval Sea System Command (NAVSEA) Supervisor of Salvage and Diving (SUPSALV) with the successful recovery of an MH-60R helicopter and an F/A-18F Super Hornet fighter aircraft. The two aircraft…
https://www.marinelink.com/news/phoenix-assists-us-navy-aircraft-recovery-533856
https://www.marinelink.com/news/phoenix-assists-us-navy-aircraft-recovery-533856