Access cargoes, ship positions, ships and parts for sale, news, events and jobs
Japan’s Nippon Yusen Kabushiki Kaisha (NYK Line) and Chuo University have recently launched a joint research initiative to discover novel natural products from marine organisms. The project aims to identify previously unknown substances that may have beneficial applications for humanity, including potential new medicinal resources, from marine organisms attached to ship hulls and other surfaces, …
https://splash247.com/nyk-and-chuo-university-to-explore-shipborne-sea-life-for-human-health-gains/
https://splash247.com/nyk-and-chuo-university-to-explore-shipborne-sea-life-for-human-health-gains/Today, Monday, August 04 2025, the Baltic Dry Index decreased by 48 points, reaching 1970 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1970-down-48-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1970-down-48-points/Norwegian offshore vessel owner Solstad has won a new contract for one of its construction support vessels. Brazilian state-owned oil and gas giant Petrobras hired the 2006-built CSV Normand Commander. The vessel will be on a bareboat contract from Solstad Maritime to Solstad Offshore, which is the contract holder with Petrobras. The contract, set to …
https://splash247.com/solstad-bags-108m-csv-deal/
https://splash247.com/solstad-bags-108m-csv-deal/Nantong Xiangyu Shipbuilding & Offshore Engineering has reopened a previously bankrupt yard along the Yangtze. Last year, the shipbuilder won the auction to take over Jiangsu Hongqiang Ship Heavy Industry, and it has been renovating the facility in the intervening months. The site had been shut since 2018. The new yard – now renamed Qidong …
https://splash247.com/another-bankrupt-chinese-yard-reopens-for-business/
https://splash247.com/another-bankrupt-chinese-yard-reopens-for-business/Chinese boxship player SITC International Holdings is continuing to build out its fleet, returning to compatriot yard Huanghai Shipbuilding for a series of four new 2,700 teu vessels. The Hong Kong-listed carrier is spending nearly $153m on the newbuilds, which are scheduled for delivery from late 2027 through to mid-2028. The deal brings SITC’s current …
https://splash247.com/sitc-returns-to-huanghai-for-boxship-quartet/
https://splash247.com/sitc-returns-to-huanghai-for-boxship-quartet/Wah Kwong is expanding its dry bulk fleet, with four ultramax newbuilds linked to the Hong Kong-based owner at China’s Wuhu Shipyard. According to shipbuilding sources, the company has agreed to a deal worth around $132m for the 64,000 dwt quartet, with deliveries scheduled for 2028. The reported order follows Wah Kwong’s previous ultramax newbuild …
https://splash247.com/wah-kwong-linked-to-four-ultramax-newbuilds-at-wuhu/
https://splash247.com/wah-kwong-linked-to-four-ultramax-newbuilds-at-wuhu/Evergreen, Taiwan’s largest liner, has suffered two substantial container-loss incidents in South America within the span of a week. On August 1, the 8,500 teu Ever Lunar reportedly lost about 50 containers overboard while anchored off Callao, Peru. The vessel experienced sudden severe rolling, causing stern stacks to collapse into the bay. This prompted a temporary closure …
https://splash247.com/evergreen-ship-loses-50-boxes-off-peru/
https://splash247.com/evergreen-ship-loses-50-boxes-off-peru/As pre-trial motions grind forward in the sprawling litigation over the March 26, 2024, allision of the containership Dali with the Francis Scott Key Bridge—an impact that brought down the span, killed six construction workers and froze port traffic—the vessel’s owner and manager have launched a new front in court. In a product liability lawsuit …
https://splash247.com/hd-hyundai-sued-over-alleged-defective-switchboard-on-the-dali/
https://splash247.com/hd-hyundai-sued-over-alleged-defective-switchboard-on-the-dali/Singapore-based container carrier SeaLead has been forced into a dramatic fleet reshuffle after terminating the charters of 16 container vessels in response to fresh US sanctions. The move comes just days after the US Treasury’s Office of Foreign Assets Control (OFAC) unveiled new measures targeting ships allegedly linked to Iranian interests. The sanctioned vessels had …
https://splash247.com/sealead-drops-16-boxships-after-us-sanctions-target-iranian-linked-fleet/
https://splash247.com/sealead-drops-16-boxships-after-us-sanctions-target-iranian-linked-fleet/In its most firm action to date to counter dark fleet registrations, the Panamanian Ship Registry, the world’s second-largest flag, will no longer accept tankers or bulk carriers aged more than 15 years old. “By prioritizing quality over quantity and implementing more rigorous oversight mechanisms, it ensures that the Panamanian fleet complies with the most …
https://splash247.com/panama-will-not-register-tankers-and-bulk-carriers-older-than-15-years/
https://splash247.com/panama-will-not-register-tankers-and-bulk-carriers-older-than-15-years/