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U.S. President Donald Trump is considering easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed at curbing spiking global oil prices amid the Iran conflict, according to multiple sources.The…
https://www.marinelink.com/news/trump-weighs-easing-russia-sanctions-536746
https://www.marinelink.com/news/trump-weighs-easing-russia-sanctions-536746U.S. President Donald Trump on Monday threatened to escalate the war with Iran if it blocked oil shipments from the Middle East, even as he predicted a quick end to the conflict.Trump's warning came at the end of a day that saw global financial…
https://www.marinelink.com/news/trump-threatens-escalate-iran-war-says-536749
https://www.marinelink.com/news/trump-threatens-escalate-iran-war-says-536749Today, Monday, March 09 2026, the Baltic Dry Index climbed by 56 points, reaching 2066 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-climbs-to-2066-up-56-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2066-up-56-points/Chinese gas shipping player Tianjin Southwest Maritime has returned to CSSC Huangpu Wenchong Shipbuilding to order another ammonia-capable gas carrier. The owner has signed for a 25,000 cu m ammonia dual-fuel LPG/liquid ammonia carrier at the Guangzhou-based yard. The latest order follows a steady run of gas carrier deals placed by Tianjin Southwest in recent …
Danish tanker owner Rederiet MH Simonsen has ordered two polar-class tankers at Turkey’s Ada Shipyard as it continues to renew its fleet. The vessels will feature diesel-electric propulsion and will have a cargo capacity of about 3,500 dwt each. The newbuilds are being designed to operate in polar conditions, giving the company greater flexibility in …
https://splash247.com/simonsen-expands-tanker-fleet-with-newbuild-brace-in-turkey/
https://splash247.com/simonsen-expands-tanker-fleet-with-newbuild-brace-in-turkey/Norwegian combination carrier owner Klaveness Combination Carriers (KCC) has secured a two-year fixture for one of its Cleanbu vessels as it looks to take advantage of firm conditions in the product tanker market. The Oslo-listed company said the 2021-built Bass has been fixed to a leading global energy player, adding that the main terms of …
https://splash247.com/kcc-seals-two-year-tanker-linked-charter/
https://splash247.com/kcc-seals-two-year-tanker-linked-charter/Nasdaq-listed gas shipping company Capital Clean Energy Carriers has appointed energy industry veteran Martin Houston as chairman, with outgoing chair Keith Forman moving into a new role as vice-chairman. The company, backed by Greek shipping magnate Evangelos Marinakis, said the change comes as it continues to build out its gas shipping platform with a growing …
https://splash247.com/capital-clean-energy-carriers-appoints-lng-veteran-martin-houston-as-chair/
https://splash247.com/capital-clean-energy-carriers-appoints-lng-veteran-martin-houston-as-chair/Greek shipowner Danaos Corporation is expanding its push into dry bulk, adding two more newcastlemax newbuildings at Chinese yards as part of a broader diversification strategy. The New York-listed company confirmed the contracts in its latest annual report, revealing orders for a brace of 211,000 dwt vessels scheduled for delivery in 2028. The latest additions …
https://splash247.com/danaos-doubles-down-on-dry-bulk-with-newcastlemax-newbuilds/
https://splash247.com/danaos-doubles-down-on-dry-bulk-with-newcastlemax-newbuilds/Germany-based gearbox manufacturer REINTJES is expanding its global after-sales capabilities with the establishment of a dedicated spare parts warehouse at its headquarters in Hameln, Germany, a move aimed at strengthening service support for…
https://www.marinelink.com/news/reintjes-expands-global-service-strategy-536720
https://www.marinelink.com/news/reintjes-expands-global-service-strategy-536720Unlike larger jackup regions where scale provides greater flexibility, relatively minor changes in supply can have an outsized impact. The availability, reactivation, or retirement of a single rig can materially shift utilisation levels, dayrate negotiations…
https://www.marinelink.com/news/caspian-sea-jackup-market-lockedin-supply-536721
https://www.marinelink.com/news/caspian-sea-jackup-market-lockedin-supply-536721