Latest Maritime News

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Splash247
market June 8, 2026

Private Equity's Impact on Shipmanagement Consolidation

Splash247 reports that private equity capital has significantly influenced the consolidation of third-party shipmanagement, driving technology investment and altering the competitive landscape. Despite these changes, industry veterans highlight the challenges in aligning with a business focused on safety and long-term relationships.

fleet June 7, 2026

Heung-A Shipping Orders Up to Six Chemical Tankers in China

Heung-A Shipping from South Korea has contracted up to six stainless steel chemical tankers from Wuchang Shipbuilding in China, as reported by Splash247. The order includes three firm 26,000 dwt vessels with options for three additional ships, totaling approximately $280 million.

Splash247
fleet June 7, 2026

Pleiades Shipping Orders Two MR Tankers from GSI

Pleiades Shipping, a Greek tanker owner, has placed an order for two MR tankers at Guangzhou Shipyard International in China, with deliveries set for the fourth quarter of 2028, as reported by Splash247. The financial details of the deal remain undisclosed, although current broker estimates suggest newbuilding prices for MR tankers are around $48 million.

Splash247
fleet June 7, 2026

Fujian Shipping Group Orders Four New Heavylift Vessels

Fujian Shipping Group has placed an order for four multipurpose heavylift vessels at Nantong Xiangyu Shipbuilding & Offshore Engineering, as reported by Splash247. This order is part of the Chinese owner's fleet renewal program, focusing on ships capable of handling both bulk and breakbulk trades.

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