Stay informed with real-time maritime industry updates
Splash247
d’Amico International Shipping has enhanced its charter coverage by securing new contracts and extensions for several vessels at profitable rates, as reported by Splash247. The company's operating arm, d’Amico Tankers, has been active in finalizing these agreements since the beginning of the year.
Splash247
The upcoming Geneva Dry conference is gaining attention in the dry bulk industry with its impressive lineup of speakers, including Angad Banga, CEO of Hong Kong's Caravel Group, as reported by Splash247. The event is noted for its rapid ticket sales as the two-month countdown begins.
gCaptain
Despite experiencing double-digit declines in January cargo volumes, the nation's two busiest container ports maintain their ground, as reported by gCaptain. Industry leaders attribute the dip to comparisons with historic highs rather than structural issues, even as Supreme Court interventions and tariff policy changes add uncertainty to trans-Pacific trade.
gCaptain
A confrontation involving a Florida-registered speedboat and Cuban Border Guard forces in Cuban territorial waters resulted in four deaths and six injuries, as reported by gCaptain. This incident has heightened diplomatic tensions between the United States and Cuba.
gCaptain
The hospital ship USNS Mercy is on a southbound course through the Gulf of Mexico, with AIS data indicating a likely destination of the Panama Canal, as reported by gCaptain. This course suggests the vessel is not heading towards Greenland, contrary to previous speculations.
gCaptain
The Supreme Court's recent decision to overturn extensive tariffs imposed under emergency powers might temporarily increase U.S. port volumes, as reported by gCaptain. However, Moody's suggests this boost could be short-lived due to ongoing trade policy uncertainty.
gCaptain
Iran has significantly increased its oil exports, loading 20.1 million barrels onto tankers from Kharg Island in just six days, as reported by gCaptain. This surge comes as the U.S. deploys its largest military force in the Middle East since 2003, with satellite data indicating a doubling of tanker traffic and rapidly emptying storage tanks.
Splash247
Eldorado Drilling has successfully acquired the drillship Deep Value Driller from Norwegian owner Deep Value Driller for $300 million, as reported by Splash247. This deal comes after Eldorado's last-minute higher bid surpassed a previous agreement with Italy's Saipem, which was set at approximately $272.5 million.
Splash247
Eidesvik Offshore has obtained a contract extension from Aker BP for the platform supply vessel Viking Prince, as reported by Splash247. The 2012-built vessel will continue its service until the end of April, following an extension initially agreed upon last November.
gCaptain
Saudi Arabia's National Shipping Co. (Bahri) has provisionally chartered at least five supertankers as freight rates near $200,000 per day, marking the highest levels since 2020, gCaptain reports. This move indicates an increase in Saudi crude exports to Asia amidst geopolitical tensions in the Strait of Hormuz.
