Stay informed with real-time maritime industry updates
Splash247
Splash247 highlights the maritime industry's digital transformation, emphasizing the challenge of navigating an overwhelming array of technological options. The article, part of Maritime CEO’s guide, discusses how to discern genuinely valuable innovations amidst the hype.
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Diana Shipping has intensified its efforts to acquire Genco Shipping & Trading by raising its all-cash offer, with Star Bulk Carriers joining as a significant partner, as reported by Splash247. The New York-listed owner has increased its bid to $23.50 per share.
Splash247
Arcadia Shipmanagement, a Greek tanker owner, has been identified as the buyer of two suezmax tankers from South Korea's HD Hyundai Samho, each costing approximately $89 million, with deliveries slated for March and May 2029, as reported by Splash247.
Splash247
Uni-Asia Group, a Singapore-listed bulker specialist, has signed a contract with Nihon Shipyard for a 40,000 dwt handysize unit, marking its first newbuilding order in more than ten years, as reported by Splash247. The vessel is set for delivery in the second half of 2028.
Splash247
SFL Corporation, backed by John Fredriksen, has secured a $170 million contract for its semisubmersible rig, Hercules, as reported by Splash247. The contract, with a large multinational oil and gas company, will see the rig operating offshore Canada for a minimum of 400 days.
gCaptain
Trump administration officials have defended the temporary suspension of certain sanctions on Russian oil, as reported by gCaptain. The decision is expected to lead to a significant rise in oil production.
gCaptain
gCaptain reports that a senior Japanese parliament member announced the government's directive to prepare a national oil reserve storage site for a potential crude release due to the crisis with Iran. This move reflects Tokyo's readiness to stabilize the oil market amidst geopolitical tensions.
gCaptain
Cleanup efforts are in progress in the Gulf of Mexico near Grand Isle, Louisiana, following a crude oil spill associated with the Louisiana Offshore Oil Port (LOOP), as reported by gCaptain. The incident has prompted a significant federal-led response.
gCaptain
The US may consider lifting additional sanctions on Russian oil supplies following a recent decision to allow Indian refiners more access, as reported by gCaptain. Treasury Secretary Scott Bessent indicated this potential policy shift on Thursday.
gCaptain
The United States is urging Sri Lanka not to repatriate the survivors of an Iranian warship that sank recently, as reported by gCaptain. The diplomatic pressure comes amid concerns over the geopolitical implications of the incident.
