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The troubled MSC Hermes III remains afloat and drifting unmanned in the South China Sea after all 25 crew abandoned the vessel yesterday. A fresh HYDROPAC navigational warning describes the 20-year-old containership as a “derelict” vessel adrift near 11°45’N 112°15’E, around 300 km east of Vietnam. The warning is currently scheduled to remain in force …
https://splash247.com/msc-ship-abandoned-and-adrift-in-south-china-sea/
https://splash247.com/msc-ship-abandoned-and-adrift-in-south-china-sea/The VLCC market has reached levels that would have sounded absurd only months ago. Middle East-China earnings have pushed beyond $1m a day, Atlantic routes have surged into the hundreds of thousands and secondhand values have exploded to the point where rust-stained 15-year-old VLCCs are changing hands for more than newbuilds. The argument now dividing …
https://splash247.com/how-long-can-the-million-dollar-vlcc-market-last/
https://splash247.com/how-long-can-the-million-dollar-vlcc-market-last/Container shipping’s extraordinary newbuilding binge has reached a point where several carriers now have more ships on order than they have in their entire existing fleets. Shipping analyst Lars Jensen, who runs Vespucci Maritime, highlighted five operators in Alphaliner’s top 100 where the orderbook exceeds the current fleet: Regional Container Lines at 157%, Zhonggu Logistics …
https://splash247.com/boxship-orderbook-points-to-looming-capacity-showdown/
https://splash247.com/boxship-orderbook-points-to-looming-capacity-showdown/Dr Katherine Sinclaire, senior medical advisor, aviation and maritime at MedSea (International SOS), writes for Splash today. Women at sea remain a small but growing part of the global maritime workforce, facing unique medical and psychosocial challenges that demand industry-wide attention. Despite progress in gender inclusion, only 1.2% of seafarers are women, and many still …
https://splash247.com/shipping-can-no-longer-afford-to-make-women-feel-like-guests-at-sea/
https://splash247.com/shipping-can-no-longer-afford-to-make-women-feel-like-guests-at-sea/SUBCO announced three new hypercables; APX North, APX East-2 and APX West, cementing demand for new subsea capacity to support AI-driven growth in the region. APX North, a 9,500 km, 24 fiber pair system, will connect Sydney to Japan via Guam.
https://www.marinelink.com/news/subco-announces-three-new-subsea-cables-543165
https://www.marinelink.com/news/subco-announces-three-new-subsea-cables-543165Swan Defence and Heavy Industries Limited (SDHI), India's shipbuilding and heavy fabrication company, has more than doubled its workforce over the past 18 months. Backed by a rapidly growing order book, SDHI is targeting over 550 additional…
https://www.marinelink.com/news/swan-defence-heavy-industries-doubles-543169
https://www.marinelink.com/news/swan-defence-heavy-industries-doubles-543169Synergy Marine Group and Cochin Shipyard Limited (CSL) have signed a memorandum of understanding to jointly pursue shipbuilding, repair and conversion projects in India. The MoU was signed by Ajay Chaudhry, Co-CEO Ship Management of Synergy Marine Group…
https://www.marinelink.com/news/synergy-marine-group-cochin-shipyard-sign-543171
https://www.marinelink.com/news/synergy-marine-group-cochin-shipyard-sign-543171NEOLINE and CMA CGM announced that Neoliner Origin completed her first call at PSA Zeebrugge on Monday, September 21, 2026. The call marked both the vessel’s first visit to Belgium and the addition of Zeebrugge to NEOLINE’s regular transatlantic…
https://www.marinelink.com/news/neoliner-origin-makes-first-call-belgium-543173
https://www.marinelink.com/news/neoliner-origin-makes-first-call-belgium-543173Global oil trading firms Vitol and Trafigura are pushing for steeper discounts on Venezuelan crude oil as rising freight rates shrink their margins, five sources familiar with the matter said.The two merchant houses have been among the biggest…
https://www.marinelink.com/news/trading-firms-push-discounted-venezuelan-543177
https://www.marinelink.com/news/trading-firms-push-discounted-venezuelan-543177Saudi Arabia on Tuesday denied an Iraqi claim that it had bought 25 oil tankers, saying the information was inaccurate, after Iraq linked the alleged purchases to a sharp increase in the cost of shipping its crude.Iraqi Oil Minister Basim Mohammed…
https://www.marinelink.com/news/saudi-arabia-denies-iraqi-claim-buying-543179
https://www.marinelink.com/news/saudi-arabia-denies-iraqi-claim-buying-543179