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The IMO’s Legal Committee has approved a new set of guidelines to improve transparency and due diligence in ship registration, as well as prevent fraudulent registrations and misuse of flags. The guidelines help to close a key regulatory gap for the maritime industry…
https://www.marinelink.com/news/imo-approves-new-guidelines-ship-538223
https://www.marinelink.com/news/imo-approves-new-guidelines-ship-538223NYK Bulkship (Asia), Golden Island and Yara Clean Ammonia Norge have concluded a non-binding Term Sheet that paves the way towards a partnership to supply low-carbon ammonia as a marine fuel in Singapore.The companies began discussions in the beginning of 2024 to explore the launch of the business…
https://www.marinelink.com/news/ammonia-fuel-sales-plan-advances-538224
https://www.marinelink.com/news/ammonia-fuel-sales-plan-advances-538224New U.S.-Flag coastwise registered tonnage was delivered into service April 18, 2026 by Alternative Marine Technologies (AMTECH) as Vessel Construction Managers. The ATB MAM 141 & Tug Battery Park departed Gulf Marine Repair of Tampa, Florida…
https://www.marinelink.com/news/amtech-delivers-atb-mam-tug-battery-park-538213
https://www.marinelink.com/news/amtech-delivers-atb-mam-tug-battery-park-538213Capesize The market delivered a firm performance over the week, building momentum from a cautious but positive start into a broad-based midweek rally, before showing signs of consolidation at elevated levels by Thursday. The BCI 182 5TC gained over $6,000 across the week, underpinned by improving sentiment and tightening fundamentals. The Pacific led the initial ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-showing-strong-momentum/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-showing-strong-momentum/Seaspan is pushing further beyond its boxship roots, placing its first order in the dry bulk space with a series of open-hatch multipurpose vessels. The container leasing giant has contracted China’s New Dayang Shipbuilding to build four 65,200 dwt ships, with deliveries lined up for 2029. The vessels are designed with gantry cranes and box-shaped …
https://splash247.com/seaspan-breaks-into-mpp-segment-with-four-newbuilds/
https://splash247.com/seaspan-breaks-into-mpp-segment-with-four-newbuilds/Nearly 50 days into one of the most disruptive shipping crises in history, diplomatic signals and military escalation are running in parallel in and around the Strait of Hormuz with both sides – the US and Iran – enforcing blockades in the region. Privately held Mediterranean Shipping Company (MSC), the world’s largest containerline and a …
https://splash247.com/splash-wrap-next-generation-msc/
https://splash247.com/splash-wrap-next-generation-msc/Yangzijiang Maritime Development is doubling down on crude tankers, lining up a major series of VLCC newbuilds as it looks to scale up in the large tanker segment. The Singapore-listed company said it is investing in eight 319,000 dwt units at a Chinese yard, with deliveries spread across 2028, 2029 and 2030. The VLCCs will …
https://splash247.com/yangzijiang-maritime-places-major-vlcc-bet-with-eight-ship-order/
https://splash247.com/yangzijiang-maritime-places-major-vlcc-bet-with-eight-ship-order/After nine years in the post, Mark O’Neil is no longer president at Columbia Shipmanagement and CEO of Columbia Group. A note sent to employees yesterday from owner Heinrich Schoeller said O’Neil has left the company, effective immediately. No reason was given for the sudden departure from one of the world’s top shipmanagers. Andreas Hadjipetrou, …
https://splash247.com/mark-oneil-leaves-columbia/
https://splash247.com/mark-oneil-leaves-columbia/All ships can sail through the Strait of Hormuz but this needs to be coordinated with Iran’s Islamic Revolutionary GuardCorps (IRGC), a senior Iranian official told Reuters, adding that unfreezing Iranian funds was part of the deal.Foreign Minister…
https://www.marinelink.com/news/ships-sailing-hormuz-need-prior-538199
https://www.marinelink.com/news/ships-sailing-hormuz-need-prior-538199Reopened Middle East shipping and plummeting oil prices on Friday boosted bets the Federal Reserve may begin cutting interest rates as soon as December, but its policymakers still face a tangled outlook ahead of their April 28-29 meeting.Iran's…
https://www.marinelink.com/news/strait-hormuz-reopens-oil-prices-drop-538200
https://www.marinelink.com/news/strait-hormuz-reopens-oil-prices-drop-538200