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German shipowner Christel Vinnen, who guided family firm F. A. Vinnen & Co. into the container sector over 40 years ago and led it through decades of change, has died at the age of 90. His death was announced by his son and current managing director, Michael Vinnen, in a post on LinkedIn, saying it …
https://splash247.com/german-shipowner-christel-vinnen-dies-at-90/
https://splash247.com/german-shipowner-christel-vinnen-dies-at-90/The Ukrainian military looks determined to permanently take the port of Tuapse offline. Overnight, the port, one of Russia’s main crude export outlets on the Black Sea, was hit again by drone strikes, with unconfirmed reports suggesting that a merchant vessel had been struck while alongside. Splash reported on a similar attack to Tuapse eight …
https://splash247.com/key-russian-black-sea-port-comes-under-repeated-attacks/
https://splash247.com/key-russian-black-sea-port-comes-under-repeated-attacks/Thailand’s Regional Container Lines (RCL) has placed an order for two 14,000 teu containerships at HD Hyundai Heavy Industries, marking the first collaboration between the two companies. The contract, worth KRW435.3bn ($299m), will see the vessels delivered by October 2028. The order represents a major scale-up for RCL, which has traditionally focused on the intra-Asia …
https://splash247.com/rcl-books-first-newbuilds-at-hd-hyundai/
https://splash247.com/rcl-books-first-newbuilds-at-hd-hyundai/A 52-year-old livestock vessel carrying 2,901 cattle from Uruguay has been stranded off the Turkish coast since October 22 after authorities denied permission to unload due to irregularities in ear tag documentation. According to the shipowner, at least 48 animals have died, and feed and water supplies are running critically low. The Spiridon II remains …
https://splash247.com/livestock-carrier-calamity-unfolds-off-turkey/
https://splash247.com/livestock-carrier-calamity-unfolds-off-turkey/Naval forces have contained a pirate group operating off Somalia following several security incidents in the Indian Ocean, including last week’s hijacking of the tanker Hellas Aphrodite. After several days of pursuit, a pirate-occupied dhow linked to recent attacks was intercepted by the Indian Navy and EUNAVFOR Operation Atalanta. The EU’s Maritime Security Centre Indian …
https://splash247.com/naval-forces-foil-fresh-somali-piracy-wave/
https://splash247.com/naval-forces-foil-fresh-somali-piracy-wave/China and the US have today put their tit-for-tat port fees on hold for a year, much to the relief of many shipping organisations, while trade unions in the US have hit out at the Trump administration for rowing back on a policy that had been intended to bolster American shipbuilding. The controversial port fees, …
https://splash247.com/sino-us-port-fee-truce-comes-into-effect/
https://splash247.com/sino-us-port-fee-truce-comes-into-effect/Increased sanctions (enforcement), resilient oil demand, partly due to stock building in China, and growing OPEC+ supply have all contributed to create a rate environment we have not seen since the freight rate boom in the early days of the pandemic…
https://www.marinelink.com/news/tanker-orderbook-high-despite-market-532182
https://www.marinelink.com/news/tanker-orderbook-high-despite-market-532182Towage company SAAM posted net income of US$64 million for the nine months ended September 30, 2025, 48% more than the same period last year.EBITDA reached $158 million (+15%) and revenue totaled $463 million (+8%).The third quarter figures were particularly positive compared to the previous year…
https://www.marinelink.com/news/saam-reports-jump-third-quarter-532183
https://www.marinelink.com/news/saam-reports-jump-third-quarter-532183The 52-year-old MV Spiridon II loaded 2901 cattle has been stranded off Turkey, denied permission to unload due to issues with the animals’ ear tag.According to local media, the Turkish Ministry of Agriculture and Forestry inspected the cattle…
https://www.marinelink.com/news/cattle-ship-delayed-turkey-532184
https://www.marinelink.com/news/cattle-ship-delayed-turkey-532184Shipping is the lifeblood of global trade, but in a world of rising geopolitical tensions, climate risks, and economic fragmentation, resilience has never been more critical, says Global Maritime Forum.“From hybrid wars to environmental catastrophes, the industry faces unprecedented uncertainty.
https://www.marinelink.com/news/video-resilience-a-fragmenting-world-532185
https://www.marinelink.com/news/video-resilience-a-fragmenting-world-532185