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A drone strike that damaged two gas tankers in Egyptian waters has renewed energy security concerns about the nearby Suez Canal and a related pipeline, a vital export route for Saudi Arabian oil since the beginning of the Iran war.Even as Iran…
https://www.marinelink.com/news/security-concerns-suez-oil-rise-tanker-541670
https://www.marinelink.com/news/security-concerns-suez-oil-rise-tanker-541670Saudi Arabia on Thursday unveiled plans for a multinational maritime defence coalition aimed at protecting international shipping and energy supply routes in the Red Sea region after attacks by Yemen's Iran-aligned Houthis disrupted one of the…
https://www.marinelink.com/news/saudi-arabia-launches-multinational-541671
https://www.marinelink.com/news/saudi-arabia-launches-multinational-541671CHICAGO — July 30, 2026 — The United States cannot rebuild its maritime strength by focusing solely on its ocean coasts. Instead, the nation's industrial resurgence depends on recognizing the Great Lakes as one of America's five maritime coastlines…
https://www.marinelink.com/news/marads-carmel-great-lakes-central-541672
https://www.marinelink.com/news/marads-carmel-great-lakes-central-541672The Baltic dry index rose 1.6% to 2,673 on Thursday, recovering from three consecutive sessions of losses. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, advanced 2.5% to 4,167. Also, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, increased 2.3% to 2,040, its highest ...
https://www.hellenicshippingnews.com/baltic-dry-rebounds-on-thursday/
https://www.hellenicshippingnews.com/baltic-dry-rebounds-on-thursday/Jinhui Shipping and Transportation has followed up this week’s first leaseback deal with another financing package, securing up to $34m against two ultramax newbuildings at Jiangsu Hantong Ship Heavy Industry. The Oslo-listed owner will sell the ships, to be named Jin Han and Jin Ming, to two vehicles owned by Jiangsu Financial Leasing before chartering …
https://splash247.com/jinhui-doubles-down-on-newbuild-financing/
https://splash247.com/jinhui-doubles-down-on-newbuild-financing/Greek owner W Marine has moved into ultramax newbuildings with an order for three 64,500 dwt bulk carriers in China. The Yiannis Sarantitis-controlled company has been linked to hulls DJHC6601, DJHC6602 and DJHC6603 at Jiangsu Dajin Heavy Industry, with deliveries lined up for May, August and November 2028. No price has been revealed. The ships …
https://splash247.com/w-marine-broadens-newbuild-drive-with-ultramaxes/
https://splash247.com/w-marine-broadens-newbuild-drive-with-ultramaxes/Arne Blystad-backed Songa Box has ordered two 1,300 teu containerships in China, with options that could lift the series to six vessels and its value to around $180m. The contract was signed with Hubei Guangji Green Energy Shipbuilding, with industry sources putting the price at about $30m per ship. Delivery dates and charter arrangements have …
https://splash247.com/blystad-books-up-to-six-feeders-at-chinese-newcomer/
https://splash247.com/blystad-books-up-to-six-feeders-at-chinese-newcomer/Harry Vafias-backed Stealth Maritime has added two MR product tankers at HD Hyundai Heavy Industries, extending a South Korean newbuilding drive worth around $1.3bn. Brokers are placing the 50,000 dwt ships at $53m each, taking the latest investment to $106m. Delivery is scheduled for the first half of 2029. Neither Stealth Maritime nor HD Hyundai …
https://splash247.com/vafias-stacks-up-more-tanker-orders-in-south-korea/
https://splash247.com/vafias-stacks-up-more-tanker-orders-in-south-korea/Scorpio Tankers has taken a minority stake in an eight-ship VLCC newbuilding venture and lined up two more LR2 product tankers in China, widening a fleet renewal programme across three tanker segments. The New York-listed owner signed a letter of intent in July for two scrubber-fitted LR2s at Jiangsu Hantong Ship Heavy Industry. The vessels …
https://splash247.com/scorpio-tankers-takes-stake-in-eight-vlcc-newbuilds-and-adds-lr2-pair/
https://splash247.com/scorpio-tankers-takes-stake-in-eight-vlcc-newbuilds-and-adds-lr2-pair/A QatarEnergy-controlled liquefied natural gas tanker exited the Strait of Hormuz overnight, the first such vessel recorded by ship-tracking data leaving the waterway since July 11, data from analytics firms showed on Thursday.The Al Areesh…
https://www.marinelink.com/news/qatarenergy-lng-tanker-exits-hormuz-first-541625
https://www.marinelink.com/news/qatarenergy-lng-tanker-exits-hormuz-first-541625