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Commercial shipping in the western Indian Ocean has been warned of a potential new piracy threat after armed attackers seized an Iranian fishing vessel off Somalia and moved it towards a busy maritime traffic lane. The Azini was hijacked on Thursday, October 29, off the northeastern Somali coast, with 21 Iranian crewmembers and two Somali …
https://splash247.com/hijacked-fishing-vessel-approaches-shipping-lane-amid-somali-piracy-fears/
https://splash247.com/hijacked-fishing-vessel-approaches-shipping-lane-amid-somali-piracy-fears/UK diversified shipowner Union Maritime has added two more 24,200 dwt product tanker newbuildings at China’s Dalian Shipbuilding Offshore Co (DSOC), taking its programme at the yard to six vessels. The Laurent Cadji-led company’s updated fleet list identifies the additional ships under hull numbers PC24K-5 and PC24K-6, both scheduled for delivery in 2028. No contract …
https://splash247.com/union-maritime-returns-to-dalian-for-product-tanker-pair/
https://splash247.com/union-maritime-returns-to-dalian-for-product-tanker-pair/Borr Drilling has confirmed the recovery of a fourth body following the sinking of its Prospector 5 jack-up rig offshore Gabon, with search operations continuing for one person still missing.The company said on November 2 that the body of a…
https://www.marinelink.com/news/borr-drilling-confirms-fourth-death-gabon-544044
https://www.marinelink.com/news/borr-drilling-confirms-fourth-death-gabon-544044Big Oil is reaping near record cash windfalls from the eight-month-old Iran war, but Western energy producers’ reluctance to ramp up spending reveals persistent doubts about the industry’s long-term outlook.BP, Chevron, Exxon Mobil, Shell and…
https://www.marinelink.com/news/big-oil-pockets-nearrecord-profits-544046
https://www.marinelink.com/news/big-oil-pockets-nearrecord-profits-544046Capesize The market gathered momentum through the week, with improving sentiment and stronger fixing activity across both basins driving a broad-based recovery. The Pacific initially remained relatively subdued, with C5 fixtures holding around the high $13s to $14 as miners maintained a measured approach. However, increased competition for tonnage saw rates push through the $14 ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesize-market-rebounding/
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesize-market-rebounding/TOTE Services, LLC, a U.S. maritime services company specializing in vessel construction management and ship management, announced its first shipyard selection, Hanwha Defense USA (HDUS), for the Medium Landing Ship (LSM) program under TOTE…
https://www.marinelink.com/news/tote-services-selects-hanwha-defense-usa-544037
https://www.marinelink.com/news/tote-services-selects-hanwha-defense-usa-544037The United Arab Emirates said on Friday that an oil leak from the Gem No. 2 tanker had been stopped, with no new leakage detected, as cleanup operations continued along coastlines affected by the spill.The oil slick is concentrated off the northern…
https://www.marinelink.com/news/oil-leak-stopped-tanker-offshore-uae-544038
https://www.marinelink.com/news/oil-leak-stopped-tanker-offshore-uae-544038Dockworkers went on strike across Europe and beyond on Friday, disrupting shipping and ferries as they protested against the use of their ports for arms shipments and the number of seafarers killed in wars from the Gulf to the Black Sea.Strikers across 113 ports in 22 countries also called for pay r
https://www.marinelink.com/news/dockworkers-strike-continues-friday-544040
https://www.marinelink.com/news/dockworkers-strike-continues-friday-544040China's first carrier-based stealth reconnaissance and strike drone, the GJ-21, recently completed its first takeoff and landing on the Sichuan, the country's first Type 076 amphibious assault ship, state news agency Xinhua reported on Friday.The…
https://www.marinelink.com/news/chinese-stealth-drone-successfully-takes-544043
https://www.marinelink.com/news/chinese-stealth-drone-successfully-takes-544043Hengli Heavy Industry has captured almost a quarter of global newbuilding business this year, an extraordinary achievement for a Chinese shipyard that was brought back from the dead just four years ago. New figures from shipbroker Banchero Costa show the Dalian-based yard secured orders for 276 ships between January and September, representing 23.4% of all …
https://splash247.com/hengli-leaps-from-fifth-to-first-in-global-shipbuilding-rankings/
https://splash247.com/hengli-leaps-from-fifth-to-first-in-global-shipbuilding-rankings/