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Global shipowners, yards, and suppliers are gearing up for a new investment cycle focused on fleet efficiency, artificial intelligence, and sustainability, according to the latest SMM Maritime Industry Report (MIR) …

Norwegian offshore vessel owner DOF has won two long-term contracts in Brazil with state-owned oil firm Petrobras. Petrobras hired the 2005-built Skandi Chieftain and the 2009-built Skandi Olympia on a …

DNV has launched what it calls the industry’s first public tender portal for e-methanol procurement in the EU and UK, aiming to help bridge the gap between producers and industrial …

The price divide between Japanese and Chinese-built bulk carriers is widening, as fresh sales highlight buyers’ ongoing preference for Japanese tonnage. With shipbrokers back at their desks after the Mid-Autumn …

Sales of very large crude carriers (VLCCs) are driving the secondhand market, with both modern and vintage units changing hands at firm prices amid strong sentiment in the crude tanker …

Most Iranian-flagged tankers are now transmitting properly over AIS without spoofing for the first time since 2018, according to analysis by TankerTrackers.com, citing two different AIS data providers. “The timing …

This week’s extraordinary Marine Environment Protection Committee (MEPC) session – running from today through to Friday – will see International Maritime Organization (IMO) member states debate a monumental consolidation: a …

Chinese wind turbine manufacturer Ming Yang Smart Energy has announced plans to create the UK’s largest wind turbine manufacturing facility, to be located in Scotland. The three-phase project will involve …

The UK arm of environmental group Greenpeace has warned the Crown Estate, King Charles’s property management company, that it would be suing it over “monopoly profiteering” at the expense of …

China has officially started collecting special port fees from US-owned, operated, built, or flagged vessels on Tuesday but said Chinese-built ships would be exempted from the levies. Empty ships entering …

TS Lines will quit the transpacific trades from next month when it withdraws its single vessel operated on the Asia-US west coast (AWC) service that is jointly operated with SeaLead …

Hong Kong shipowner Wah Kwong has teamed with China’s Yingxing Leasing and Wuhu Shipyard to launch a joint venture called Huaxing Shipping, with an initial order for 12 64,500 dwt …

China has sanctioned five American subsidiaries of Hanwha Ocean, the South Korean shipbuilder formerly known as Daewoo Shipbuilding & Marine Engineering, claiming the company was involved in the US probe …

New York-listed offshore driller Valaris has won a contract for one of its drillships from a subsidiary of supermajor BP. The contract for the 2014-built Valaris DS-12 is for five …

German shipowner Oldendorff Carriers and fellow steelmaker Salzgitter have signed a long-term deal to lower carbon emissions from the seaborne transport of iron ore to Hamburg. Starting in January 2026, …

Danish shipping giant Maersk has started onboard fuel trials of a methanol-ethanol blend as part of its efforts to explore alternative fuel use for decarbonising global shipping. The company’s 2,100 …

Oslo-listed tonnage provider MPC Container Ships (MPCC) has pressed ahead with its fleet renewal programme, ordering two 1,600 teu containerships from Fujian Mawei Shipyard in China. The vessels, designed for …

Norwegian offshore vessel owner and operator Sea1 Offshore has been awarded a new contract for one of its platform supply vessels (PSVs). An undisclosed client hired the 2013-built Sea1 Atlas …

Pakistan National Shipping Corporation (PNSC) has approved the acquisition of three secondhand tankers for about $193m, as part of its drive to double the national fleet to 30 vessels by …

The Trump administration’s weaponisation of trade and shipping reached a new level on Friday, with Washington threatening to sanction nations that vote in favour of the International Maritime Organization’s (IMO) …

Over the weekend, a number of ships bound for China turned around following Friday’s retaliatory measure from Beijing against American-linked tonnage. Starting tomorrow to coincide with the US plans to …

Global ship repair activity has jumped 7% this year, far outpacing overall fleet growth, according to new figures from Clarksons Research. The uptick comes as an ageing fleet hits key …

Carbon pricing in shipping is no longer an abstract regulatory concept — it’s a growing commercial cost that is reshaping balance sheets across the maritime value chain. In 2025, emissions …

A South African court has dismissed a legal challenge by AP Moller-Maersk’s terminal arm against the award of a key port concession to International Container Terminal Services Inc (ICTSI), paving …

Israel’s XT Shipping has returned to the newbuilding market with a pair of containerships in China. The maritime arm of Idan Ofer and Udi Angel’s XT Group has contracted 3,160 …

Purus Marine has ordered two LNG bunker vessels in China, marking its entry into the rapidly expanding market. The Singapore-based outfit, with over 70 ships across clean energy and offshore …

Greek owner Minerva Dry is stepping deeper into the container sector, ordering a new series of 3,000 teu ships in China — its largest boxships to date. Shipbuilding sources said …

Greece’s Chartworld Shipping is expanding its containership newbuilding programme with an order for up to eight units in China. Shipbroking sources report that the Kollakis family–led owner has struck a …

Norwegian offshore vessel owner Solstad Maritime has landed a series of new contracts for its anchor handlers and subsea support tonnage, adding roughly 700 vessel days of firm work across …

Dubai-based ports and logistics player DP World has renewed its partnership with German liner Hapag-Lloyd for another decade, extending the long-running agreement between the two companies at the Port of …

ExxonMobil has moved to enter the LNG marine bunkering market with two purpose-built vessels, as it looks to expand its portfolio of lower-emission marine fuels. The US energy major will …

ESL Shipping, part of Finnish conglomerate Aspo, has sold the 21,353 dwt handysize bulker Kallio to the Qrill Company. The company stated that divesting the 2006-built vessel would help to …

Maritime Beyond Methane (MARBEM) – a new global initiative that works with policy experts, financial analysts, economists and research institutions dedicated to aligning global climate ambition with maritime leadership – …

A Ukrainian worker has died and four others were injured after the St. Kitts and Nevis–flagged roro vessel Elmes capsized during maintenance at the Yıldız Shipyard in Istanbul’s Tuzla Shipyards …

A great deal of this week’s reporting by Splash has focused on two massive events set to shape the industry next week – namely, the October 14 launch of hiked …

The US has imposed sweeping sanctions on a vast network tied to Iran’s oil and gas exports, blacklisting more than 50 individuals and entities and identifying more than 30 vessels …

Lithuanian authorities have stated that the second tender for the development of an offshore wind farm has failed. According to Lithuania’s National Energy Regulatory Council, the tender failed due to …

Danish renewable energy company Ørsted has announced that it would be reducing its workforce by approximately 2,000 people towards the end of 2027. The company explained that this was due …

Greek tanker owner Performance Shipping has moved to expand and modernise its fleet with the purchase of two 2019-built suezmaxes as it looks to strengthen its position in the midsize …

Over the past five years, the number of sanctioned vessels has expanded steadily, rising from around 350 in September 2020 to roughly 1,700 by September 2025, according to analysis from …

Singapore shipyard group Seatrium has received a notice of termination of a contract for the construction of a wind turbine installation vessel for Maersk Offshore Wind, set to be deployed …

Danish shipowner major J. Lauritzen is among a consortium investing in marine battery specialist Corvus Energy. Corvus Energy announced yesterday it has secured a $60m growth capital injection from a …

Ren Yuanlin, the founder of Yangzijiang Shipbuilding, is taking over the world’s biggest supplier of lithium battery anode materials. Battery specialist Shanshan Corp is being acquired by a consortium led …

The IMO’s Net-Zero Framework is upcoming. Wind-assisted propulsion cuts costs, creates jobs, and earns compliance bonuses—delivering climate action, affordable trade, and a just transition, argues Anaïs Rios, senior shipping policy …

Belgian marine contractor Jan De Nul has signed a contract with Synera Renewable Energy (SRE) for the installation of export cables on the Formosa 4 wind farm off Taiwan. According …

A new venture has launched, aiming to help shipowners turn decarbonisation strategies into bankable retrofit and conversion projects. Navigate Shipping Partners (NSP), based in London, describes itself as a “one-stop …

Energy supermajor Shell has warned that the Trump administration’s recent actions against permitted offshore wind projects could have broader implications for investor confidence across the entire US energy sector, including …

Italian state-controlled gas grid operator Snam has signed an exclusivity agreement with the shareholders of Higas, paving the way for the potential acquisition of 100% of the company and the …

US alternative financier Hudson Structured Capital Management (HSCM) has raised $719m for its latest shipping vehicle, marking the Connecticut-based firm’s largest maritime fund to date. The new fund, Hudson Northern …

The South Carolina Ports Authority (SC Ports) has appointed Micah Mallace as its next President and Chief Executive Officer, following a unanimous vote by the port’s board of directors. Mallace …