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Capesize It was a week of mixed route performance in the Capesize market. Following a positive close on Friday, the Capesize Timecharter Average (C5TC 182) ultimately rose by $817 week-on-week. The C3 Brazil to China route edged above $30, a level last seen in July 2024 with the current laycans across both the first and ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-end-the-week-on-a-high-note/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-end-the-week-on-a-high-note/The French Navy seized an oil tanker on Friday in the Western Mediterranean that President Emmanuel Macron said belonged to Russia's shadow fleet, a network of vessels that enables Moscow to export oil despite Western sanctions.Local officials…
https://www.marinelink.com/news/france-boards-tanker-mediterranean-linked-537132
https://www.marinelink.com/news/france-boards-tanker-mediterranean-linked-537132A tanker carrying fuel originally bound for Cuba on Friday changed its destination to Trinidad and Tobago, according to LSEG ship-tracking data, a blow for the island amid a severe fuel scarcity that has triggered power blackouts.The Hong Kong…
https://www.marinelink.com/news/tanker-bound-cuba-fuel-cargo-diverts-537134
https://www.marinelink.com/news/tanker-bound-cuba-fuel-cargo-diverts-537134A damaged Russian LNG tanker that has been drifting unmanned in the Mediterranean for more than two weeks, risking a major ecological disaster, is four to six days from Libya’s shores, an Italian official said on Friday.The Arctic Metagaz, carrying LNG from the Arctic port of Murmansk, has been unma
https://www.marinelink.com/news/damaged-russian-tanker-drifts-towards-537135
https://www.marinelink.com/news/damaged-russian-tanker-drifts-towards-537135Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormuz in coming days after a pause in voyages, with no crude oil tankers having transited the waterway in the past 24 hours, according to shipping data…
https://www.marinelink.com/news/indian-gas-tankers-prepare-sail-strait-537136
https://www.marinelink.com/news/indian-gas-tankers-prepare-sail-strait-537136The U.S. military is deploying a large amphibious assault ship with thousands of additional Marines and sailors to the Middle East, three U.S. officials told Reuters on Friday, as Iran's new supreme leader hailed Iran's "unity" and "resistance".Reuters had reported that Washington…
https://www.marinelink.com/news/us-deploy-amphibious-assault-ship-marines-537137
https://www.marinelink.com/news/us-deploy-amphibious-assault-ship-marines-537137Surging bunker prices are reshaping freight dynamics, with fuel costs now accounting for a significantly larger share of freight than usual. While all vessels are exposed to high prices, scrubber-fitted ships remain relatively better positioned. This creates further upside risk for freight rates despite limited disruption to dry bulk fundamentals. While the US/Israel–Iran conflict has ...
https://www.hellenicshippingnews.com/rising-costs-the-surge-in-bunker-prices-is-reshaping-dry-bulk-freight-dynamics/Norway’s Aker Solutions has been awarded a FEED contract by KN Energies to support the development of the company’s CO2 transshipment terminal infrastructure project in Klaipėda, Lithuania. The project forms part of the CCS Baltic Consortium, which aims to develop the first cross-border CCS network in the Baltic region. The Klaipėda terminal infrastructure development is …
https://splash247.com/baltic-ccs-network-advances-with-aker-solutions-feed-award/
https://splash247.com/baltic-ccs-network-advances-with-aker-solutions-feed-award/New York-listed shuttle tanker owner KNOT Offshore Partners said it has ended talks with its parent company, Knutsen NYK Offshore Tankers (KNOT) over a potential take-private deal, bringing months of negotiations to a close without agreement. The company confirmed that discussions with KNOT over an unsolicited buyout proposal first tabled in late October 2025 have …
https://splash247.com/take-private-attempt-for-knot-offshore-partners-falls-through/
https://splash247.com/take-private-attempt-for-knot-offshore-partners-falls-through/Dorian LPG took delivery of its 93,000 cubic meter (cbm) dual-fuel newbuilding named Areion an LPG and ammonia very large gas carrier (VLGC/AC) from Hanwha Ocean Heavy Industries Co., Ltd. at the Okpo Shipyard in South Korea. Areion will commence employment on charter under the Helios LPG Pool…
https://www.marinelink.com/news/dorian-lpg-takes-delivery-dualfuel-cbm-537131
https://www.marinelink.com/news/dorian-lpg-takes-delivery-dualfuel-cbm-537131