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New York-listed offshore driller Valaris has been awarded new contracts and contract extensions, with an associated contract backlog of nearly $900m. In the floater sector, the 2013-built Valaris DS-7 drillship won a five-well contract extension with Azule Energy offshore Angola. The contract extension is expected to commence in October 2026, in direct continuation of the …
https://splash247.com/valaris-secures-nearly-900m-in-new-rig-awards-and-extensions/
https://splash247.com/valaris-secures-nearly-900m-in-new-rig-awards-and-extensions/Liberia’s sudden push to expand iron ore exports is creating fresh opportunities for capesize employment in 2026, Braemar analysis indicates, as larger vessels begin to replace supramax and ultramax tonnage on key loadings. Discussions about West African bulk growth have centred on Guinea and Simandou, but Liberia is quietly moving up the curve. Official data …
https://splash247.com/liberias-iron-ore-surge-set-to-lift-capesize-demand/
https://splash247.com/liberias-iron-ore-surge-set-to-lift-capesize-demand/Broking sources link Nikolas Martinos-led Greek owner Thenamaris to its first reported move in the sale-and-purchase market this year, returning to the tanker segment for the first time in years with the acquisition of two 2022-built 158,000-dwt suezmaxes. The Shanghai Waigaoqiao-built Emeraldway and Sunriseway are understood to be changing hands from Idan Ofer’s Eastern Pacific Shipping …
https://splash247.com/thenamaris-tied-to-176m-suezmax-pair/
https://splash247.com/thenamaris-tied-to-176m-suezmax-pair/Greek owner Pantheon Tankers Management has moved to further expand its crude fleet, ordering four very large crude carriers at China’s Hengli Heavy Industry. Market sources say the Anna Angelicoussis-controlled company has contracted the yard for four 306,000 dwt VLCCs, with deliveries slated for 2028 and 2029. Estimated prices are said to range between $113m …
https://splash247.com/pantheon-tankers-joins-greek-vlcc-rush-in-china/
https://splash247.com/pantheon-tankers-joins-greek-vlcc-rush-in-china/One of the world’s keenest observers of the movements of the shadow fleet has thrown open much of its research. TankerTrackers.com, founded by Samir Madani eight years ago, uses daily satellite imagery, shoreside photography, and real-time AIS data to keep an eye on the dark fleet. This week it has added significant free resources with …
https://splash247.com/shadow-fleet-watchdog-publishes-treasure-trove-of-tanker-intel/
https://splash247.com/shadow-fleet-watchdog-publishes-treasure-trove-of-tanker-intel/In the wood-panelled world of Hong Kong shipping, succession is often a story of shaking things up. But for Angad Banga, the newly minted CEO of Caravel Group, the mandate is different. Sitting in an office that is notably not the corner suite – a space still occupied by his father, the legendary Harry Banga …
https://splash247.com/caravel-group-angad-banga-outlines-his-vision/
https://splash247.com/caravel-group-angad-banga-outlines-his-vision/Landlocked Zimbabwe has become the latest African nation to flag a false registry to the International Maritime Organization (IMO). Zimbabwe has let the UN body know it has no registry or maritime authority, after a flag hopping aframax was linked to the nation. The 2005-built Range Vale, which database Equasis lists as owned by Range …
https://splash247.com/landlocked-zimbabwe-flags-fraud-to-imo-after-tankers-bogus-registry-link/
https://splash247.com/landlocked-zimbabwe-flags-fraud-to-imo-after-tankers-bogus-registry-link/Workers at Israel’s flag carrier ZIM Integrated Shipping Services have escalated strike action following news of its planned $4.2bn sale to Germany’s Hapag-Lloyd. Around 800 unionised employees out of a workforce of roughly 1,000 began a warning strike on Sunday at the company’s Haifa headquarters after reports of an imminent takeover. On Tuesday, the action …
https://splash247.com/zim-workers-escalate-strike-action-over-hapag-lloyd-takeover/
https://splash247.com/zim-workers-escalate-strike-action-over-hapag-lloyd-takeover/Dubai-headquartered maritime tech firm Marcura has acquired UK-based chemical tanker demurrage specialist Shipdem from its parent company, Casper Shipping. The move strengthens Marcura’s position in one of the most technical corners of the tanker market, where demurrage claims often hinge on tight contractual wording and complex cargo operations. Founded in 2012, Shipdem has built its …
https://splash247.com/marcura-deepens-tanker-claims-play-with-shipdem-buy/
https://splash247.com/marcura-deepens-tanker-claims-play-with-shipdem-buy/The Maritime and Port Authority of Singapore (MPA) has reported notice of a fire in the engine room onboard the Singapore-registered bulk carrier Mandy off the coast of China. The incident occurred on February 17.The fire has been extinguished by the crew…
https://www.marinelink.com/news/two-dead-bulk-carrier-fire-535841
https://www.marinelink.com/news/two-dead-bulk-carrier-fire-535841