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DHT Holdings entered into an agreement to acquire a VLCC built in 2018 at Hyundai Heavy Industries (HHI), for $107 million. The vessel is scheduled to deliver towards the end of the third quarter of 2025. “This is a sister of vessels built by us in 2018…
https://www.marinelink.com/news/dht-snags-built-vlcc-m-527095
https://www.marinelink.com/news/dht-snags-built-vlcc-m-527095Crowley, alongside Puerto Rico Governor Jenniffer González-Colón, celebrated the LNG carrier American Energy during an event Wednesday, June 18 at Crowley’s LNG Loading Terminal in Peñuelas. American Energy is the first U.S.-flagged liquefied…
https://www.marinelink.com/news/american-energy-lng-vessel-celebrated-527096
https://www.marinelink.com/news/american-energy-lng-vessel-celebrated-527096Iron ore futures prices snapped a five-day losing streak on Thursday amid heightened steel production in top consumer China, though gains were partially offset as a protracted crisis in China’s property market continued to weigh on demand prospects. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) closed up 0.43% at 698 ...
https://www.hellenicshippingnews.com/dalian-iron-ore-gains-after-five-days-on-firming-china-steel-production/China’s iron ore imports are on track in June for their strongest month this year, showing a resilience that isn’t being mirrored in the sluggish steel sector. China, which buys about 75% of global seaborne iron ore, is expected to import almost 110 million metric tons of the key steel raw material, according to commodity ...
https://www.hellenicshippingnews.com/chinas-iron-ore-imports-rise-even-as-steel-struggles/
https://www.hellenicshippingnews.com/chinas-iron-ore-imports-rise-even-as-steel-struggles/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, fell for the third consecutive session to a one-week low on Thursday as rates declined across larger vessel segments. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was down 123 points, or 6.6%, at ...
https://www.hellenicshippingnews.com/baltic-index-drops-to-one-week-low-as-larger-vessel-rates-dip/
https://www.hellenicshippingnews.com/baltic-index-drops-to-one-week-low-as-larger-vessel-rates-dip/Tensions in the Middle East have reached a boiling point this week as senior US officials reportedly prepare for a potential military strike on Iran, a move that threatens to ignite a wider regional conflict. According to a Bloomberg report citing individuals familiar with the matter, the US is actively planning for the possibility of …
https://splash247.com/freight-market-reacts-to-soaring-middle-east-tensions/
https://splash247.com/freight-market-reacts-to-soaring-middle-east-tensions/The government of Australia has imposed targeted sanctions on 60 vessels linked to Russia’s so-called shadow fleet used to circumvent restrictions on oil and gas exports. This move marks the first time Australia has imposed sanctions against the shadow fleet. The vessels within the fleet are operating using deceptive practices, such as flag-hopping, disabling tracking …
https://splash247.com/australia-places-sanctions-on-60-russian-tankers/
https://splash247.com/australia-places-sanctions-on-60-russian-tankers/Marine seismic specialist SeaBird Exploration has changed its name to SED Energy Holdings following the successful merger with Singapore’s tender drilling rig specialist Energy Drilling. The name and ticker code change, now ENH, will be effective on Euronext Oslo Børs from and including June 20, 2025. Final approval of the listing prospectus for the ordinary …
https://splash247.com/seabird-exploration-changes-name-following-merger/
https://splash247.com/seabird-exploration-changes-name-following-merger/Norwegian offshore vessel owner Solstad Offshore has signed contracts for two of its construction support vessels (CSV). Solstad said in late April that it won deals for three vessels in Brazil. However, all of the contracts were subject to board approval. Two were for yet unnamed AHTS vessels, and one was for the 2002-built Normand …
https://splash247.com/solstad-pens-two-csv-contracts-in-south-america/
https://splash247.com/solstad-pens-two-csv-contracts-in-south-america/Norwegian offshore vessel operator Solstad Offshore has confirmed contracts for two of its construction support vessels (CSVs), which will be put to work in South America.The first contract is with Petrobras for the Normand Flower CSV, owned by Solstad Maritime.The contract…
https://www.marinelink.com/news/solstad-offshores-two-csvs-jobs-south-527078
https://www.marinelink.com/news/solstad-offshores-two-csvs-jobs-south-527078