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Greek shipowner George Procopiou is continuing his large crude carrier expansion with another order at Hengli Heavy Industry. The latest deal, placed through Dynacom Tankers, covers four 306,000 dwt VLCCs. Industry sources estimate the contracts to be worth between $400m and $600m in total. Hengli confirmed it had signed contracts for the four ships, marking …
https://splash247.com/procopiou-pushes-tanker-expansion-with-more-vlcc-orders/
https://splash247.com/procopiou-pushes-tanker-expansion-with-more-vlcc-orders/U.S. officials responding to economic uncertainty over high oil prices predicted on Sunday that the U.S.-Israeli war on Iran would end within weeks and that a drop in energy costs would follow, despite Iran's assertion that it remains "stable and strong" and ready to defend itself.U.S.
https://www.marinelink.com/news/us-officials-predict-quick-end-iran-war-536980
https://www.marinelink.com/news/us-officials-predict-quick-end-iran-war-536980The IMO Sub-Committee on the Ship Systems and Equipment (SSE) held its 12th session from March 9 to 13, 2026. ABS has issued guidance on the significant issues progressed at the session including the proposed amendments to the LSA Code.The amendments…
https://www.marinelink.com/news/imo-progresses-lifeboat-air-supply-536982
https://www.marinelink.com/news/imo-progresses-lifeboat-air-supply-536982InterManager has expressed serious concern about the worsening security situation affecting commercial shipping in the Middle East Gulf and the Strait of Hormuz.In light of the recent attacks on merchant vessels in the region, InterManager is urging ship managers…
https://www.marinelink.com/news/intermanager-advises-extreme-caution-536983
https://www.marinelink.com/news/intermanager-advises-extreme-caution-536983Louis Dreyfus Company B.V. (LDC) appointed Sébastien Landerretche as the Group’s Chief Financial Officer (CFO), effective March 18 and based in Switzerland.Landerretche joined the Group in 2004, leading global ocean freight research, based in China.
https://www.marinelink.com/news/louis-dreyfus-company-appoints-536958
https://www.marinelink.com/news/louis-dreyfus-company-appoints-536958For Aimee Andres, the nation’s inland rivers are not an abstract transportation network or a policy talking point. They are personal. Growing up, she spent her formative years around ports, terminals and railroads, watching firsthand how freight…
https://www.marinelink.com/news/built-rivers-aimee-andres-expanding-role-536959
https://www.marinelink.com/news/built-rivers-aimee-andres-expanding-role-536959U.S.–Venezuela relations have entered a consequential phase for ocean transportation, energy markets, and trade compliance. Sanctions targeting Venezuela’s oil sector and maritime networks now combine escalated enforcement, including tanker seizures…
https://www.marinelink.com/news/impact-usvenezuela-relations-ocean-536960
https://www.marinelink.com/news/impact-usvenezuela-relations-ocean-536960The outlook for the offshore support vessel (OSV) business has brightened considerably since the dark days of the previous decade and is possibly in a “Goldilocks moment” — not too weak and not too strong. While strengthening, it has not yet reached the point of significant new vessel ordering.
https://www.marinelink.com/news/offshore-service-vessels-a-measured-536961
https://www.marinelink.com/news/offshore-service-vessels-a-measured-536961This winter, ice on the Great Lakes is expected to impact a maritime economy valued at $35 billion. The wealth of data provided by space-based assets offers a potential lifeline for navigating these frozen waters. However, data alone is not a solution.
https://www.marinelink.com/news/breaking-ice-a-spacebased-initiative-536962
https://www.marinelink.com/news/breaking-ice-a-spacebased-initiative-536962The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for a third session on Friday, rising about 2.8% to 2,028 points. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, climbed 5.8% to 2,880 points; and the panamax index, which usually carries 60,000 to ...
https://www.hellenicshippingnews.com/baltic-dry-index-rises-further-posts-weekly-gain/
https://www.hellenicshippingnews.com/baltic-dry-index-rises-further-posts-weekly-gain/