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The United Arab Emirates has told the U.S. and other Western allies it would participate in a multinational maritime taskforce to reopen the Strait of Hormuz, the Financial Times reported on Friday, citing people familiar with the matter.The…
https://www.marinelink.com/news/uae-stands-ready-join-force-reopen-strait-537409
https://www.marinelink.com/news/uae-stands-ready-join-force-reopen-strait-537409When if comes to energy transition, few alternative fuels tick as many boxes as propane, as propane offers much lower emissions when compared to diesel; the price of the fuel is more stable, less tied to crude oil volatility; the infrastructure to get started inside ports is simple…
https://www.marinelink.com/news/propane-uptake-ports-takes-off-537422
https://www.marinelink.com/news/propane-uptake-ports-takes-off-537422A little over a day and half since the Soo Locks opened providing access to Lake Superior and critical raw materials like iron ore, and the U.S.-flagged Great Lakes commercial fleet is at a standstill in the St. Marys River and Whitefish Bay…
https://www.marinelink.com/news/us-great-lakes-shipping-stands-due-ice-537428
https://www.marinelink.com/news/us-great-lakes-shipping-stands-due-ice-537428Seaborne steel flows reached 21.1mt in February 2026, up less than 1% from the same period last year. The global flatline came despite a 6% rise in steel flows from China, as this was mitigated by an aggregated fall of 4% elsewhere. The relationship between Chinese steel exports and domestic steel production continued in the ...
https://www.hellenicshippingnews.com/the-war-in-iran-will-have-knock-on-effects-for-the-steel-markets-in-the-upcoming-months/War in the Middle East has resulted in damage and shutdowns affecting LNG trains, refineries, fuel terminals, and critical gas-to-liquids facilities across the region. According to Rystad Energy’s estimates, energy infrastructure repair and restoration costs to date could reach at least $25bn and are expected to rise further. In Qatar’s Ras Laffan Industrial City, the …
https://splash247.com/middle-east-war-damage-to-energy-assets-mounts-to-25bn/
https://splash247.com/middle-east-war-damage-to-energy-assets-mounts-to-25bn/As the Middle East conflict continues, an analysis by maritime software provider Veson Nautical has revealed the staggering scale of disruption across global shipping markets. According to Veson, roughly one in five of the world’s offshore vessels is now based in a region that has effectively ceased operations due to the Iran war and the …
https://splash247.com/gulf-conflict-strands-major-share-of-offshore-fleet/
https://splash247.com/gulf-conflict-strands-major-share-of-offshore-fleet/Dr Hendrik Müller-Lankow, a German lawyer representing Russian and foreign ship operators in litigation before the General Court of the European Union, writes for Splash today. Few areas of European Union (EU) sanctions policy reveal the gap between political ambition and legal discipline as clearly as the campaign against Russia’s so-called shadow fleet. The policy …
https://splash247.com/eu-vessel-sanctions-and-the-politics-of-administrative-overreach/
https://splash247.com/eu-vessel-sanctions-and-the-politics-of-administrative-overreach/Shipbuilding, steel, AI and energy infrastructure will be recognised as critical for UK national security, with new guidance prioritising contracts for British business where necessary to protect national security, according to new guidelines from the Keir Starmer-led government. “Recent events have shown the fragility of global supply chains, and the importance of ensuring domestic capacity …
https://splash247.com/uk-earmarks-shipyards-as-critical-for-national-security/
https://splash247.com/uk-earmarks-shipyards-as-critical-for-national-security/A fresh pattern has emerged in the opening months of 2026, with several Chinese owners branching into the capesize arena through first-time newcastlemax acquisitions—big-ticket bulker buys likely to trade only for a few years before heading to the breakers. The latest entrant is Sea Glory. VesselsValue shows the company, better known in the chemical trades …
https://splash247.com/sea-glory-enters-the-cape-segment-with-newcastlemax-buy/
https://splash247.com/sea-glory-enters-the-cape-segment-with-newcastlemax-buy/Danish owner and operator Norden is stepping into the ice-class segment, tying a long-term cargo deal to a fresh newbuilding order in China. The Copenhagen-listed company has signed a contract of affreightment (COA) with Swedish mining group LKAB for up to 10 years, covering shipments of bentonite from Greece to northern Sweden. To back the …
https://splash247.com/norden-moves-into-ice-class-with-lkab-deal-and-newbuild-order/
https://splash247.com/norden-moves-into-ice-class-with-lkab-deal-and-newbuild-order/