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Zhejiang Shipping Group is pushing further into the capesize segment, with broker sources telling Splash that the Chinese owner has acquired a second large bulker under Zhejiang Shipping Singapore, its wholly owned subsidiary. Earlier this year, the company made headlines with its first newcastlemax bulk carrier, the 2019-built, 210,000 dwt ZH Dampier. Now, broker sources …
https://splash247.com/zhejiang-shipping-group-expands-capesize-fleet-with-second-acquisition/
https://splash247.com/zhejiang-shipping-group-expands-capesize-fleet-with-second-acquisition/Etermar Energia has started construction on the first small-scale BayFloat prototype, BayWa r.e.’s reinforced concrete semi-submersible floating offshore wind platform, under Portugal’s Recovery and Resilience Program. Work launched early March at Etermar’s Port of Setubal facilities, with completion targeted for July 2026. BayWa r.e. has already supplied a reduced-scale design of its 22MW BayFloat substructure …
https://splash247.com/etermar-energia-begins-work-on-concrete-floating-wind-platform/
https://splash247.com/etermar-energia-begins-work-on-concrete-floating-wind-platform/Celsius Tankers, part of Denmark’s Celsius Shipping, has been linked to a fresh LNG carrier order at Samsung Heavy Industries, as the owner continues to build out its gas shipping business. The South Korean yard confirmed the contract in a regulatory filing earlier, noting the value at around KRW 770bn ($514m) and identifying the counterparty …
https://splash247.com/celsius-linked-to-fresh-lng-carrier-order-at-samsung-heavy/
https://splash247.com/celsius-linked-to-fresh-lng-carrier-order-at-samsung-heavy/Oil prices rose on Tuesday on supply fear, as Iran denied it had talks with the United States to end the war in the Gulf, contradicting U.S. President Donald Trump who said a deal could be reached soon.Brent futures LCOc1 rose $2.89, or 2.9%, to $102.83 a barrel at 0710 GMT, while U.S.
https://www.marinelink.com/news/oil-rises-iran-denies-us-talks-supply-537207
https://www.marinelink.com/news/oil-rises-iran-denies-us-talks-supply-537207Valero Energy Corp has shut its 380,000-barrel-per-day (bpd) oil refinery in Port Arthur, Texas, following an explosion and fire at a diesel hydrotreater unit, people familiar with the plant operations said on Monday.The cause of the explosion at the 47…
https://www.marinelink.com/news/explosion-forces-shutdown-valeros-port-537213
https://www.marinelink.com/news/explosion-forces-shutdown-valeros-port-537213Bahrain has put forward a draft U.N. Security Council resolution that would authorise countries to use "all necessary means" - diplomatic language for force - to protect commercial shipping in and around the Strait of Hormuz, according to a…
https://www.marinelink.com/news/bahrain-pushes-un-action-hormuz-shipping-537216
https://www.marinelink.com/news/bahrain-pushes-un-action-hormuz-shipping-537216China is conducting a vast undersea mapping and monitoring operation across the Pacific, Indian and Arctic oceans, building detailed knowledge of marine conditions that naval experts say would be crucial for waging submarine warfare against the United States and its allies.In one example…
https://www.marinelink.com/news/china-maps-ocean-floor-builds-submarine-537219
https://www.marinelink.com/news/china-maps-ocean-floor-builds-submarine-537219The Dredging Contractors of America (DCA) is pleased to report another strong year for the U.S. dredging industry in Fiscal Year 2025, with $1.8 billion in federal dredging awards executed entirely by the American-owned, American-crewed, American…
https://www.marinelink.com/news/numbers-fy-dredging-stats-released-537227
https://www.marinelink.com/news/numbers-fy-dredging-stats-released-537227Holland Shipyards Group announced the successful delivery of Men Skey, the third and final Offshore Support Vessel (OSV) in a series of three built for Dixstone. Following the delivery of Men Cren and Men Goe earlier in 2025, this milestone…
https://www.marinelink.com/news/dixstone-receives-third-offshore-support-537232
https://www.marinelink.com/news/dixstone-receives-third-offshore-support-537232"Global iron ore shipments have risen 5% y/y during the first 12 weeks of 2026, supported by stronger Chinese import demand. However, this increase has not been matched by Chinese steel production which fell 4% y/y during the first two months of the year.
https://www.marinelink.com/news/despite-low-demand-china-drives-increase-537233
https://www.marinelink.com/news/despite-low-demand-china-drives-increase-537233