Splash247 · 2026-03-25 10:09:00 Greece’s Golden Energy Management has placed another suezmax tanker order in South Korea, extending its fleet renewal drive in the crude segment. Shipbroking sources say the Athens-based owner, controlled by the Restis family, has contracted DH Shipbuilding for a 157,000 dwt vessel at a price of around $89.5m and delivery expected in 2029. The latest …
Splash247 · 2026-03-25 10:09:00 Greece’s Golden Energy Management has placed another suezmax tanker order in South Korea, extending its fleet renewal drive in the crude segment. Shipbroking sources say the Athens-based owner, controlled by the Resits family, has contracted DH Shipbuilding for a 157,000 dwt vessel at a price of around $89.5m and delivery expected in 2029. The latest …
route_disruption · 2026-03-25 10:09:00 Greece’s Golden Energy Management has placed another suezmax tanker order in South Korea, extending its fleet renewal drive in the crude segment. Shipbroking sources say the Athens-based owner, controlled by the Resits family, has contracted DH Shipbuilding for a 157,000 dwt v...
Hellenic Shipping News · 2026-03-24 22:00:59 Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising their latest update issued today at 12.00 am 23rd March, Steve Gordon, Global Head of Clarksons Research commented : Strait of Hormuz transits still remain 95% down on pre-conflict levels (avg. ...
Hellenic Shipping News · 2026-03-24 22:00:59 The main focus of owners active in the S&P market over the past week have been bulkers and suezmaxes. In its latest weekly report, shipbroker Xclusiv said that in the dry bulk market, “activity this week was spread across the Kamsarmax down to Handysize segments, with a notable presence of modern and resale candidates. On ...
people_culture · 2026-03-24 22:00:59 Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising their latest update issued today at 12.00 am 23rd March, Steve Gordon, Global Head of Clarksons Research comme...
route_disruption · 2026-03-24 22:00:59 The main focus of owners active in the S&P market over the past week have been bulkers and suezmaxes. In its latest weekly report, shipbroker Xclusiv said that in the dry bulk market, “activity this week was spread across the Kamsarmax down to Handysize segments, with a notabl...
Hellenic Shipping News · 2026-03-24 22:00:56 A massive explosion and ensuing fire hit a Valero Energy Corporation (NYSE:VLO) oil refinery in Port Arthur, Texas, local media reports and social media footage of the incident showed on Monday. Reports and social media posts showed a massive plume of smoke emerging from a fire at the refinery, while authorities issued a shelter-in-place order ...
Splash247 · 2026-03-24 21:05:00 Tankers The longer the war in Iran continues, the darker the outlook grows for LR product tankers, with brokers and analysts warning that the market faces not a temporary disruption but a structural contraction in cargo supply — and that layups may now be unavoidable. Sentosa Shipbrokers has issued one of the starkest assessments yet, …
Splash247 · 2026-03-24 21:04:00 Sinokor has emerged as the dominant force reshaping suezmax pricing, committing approximately $83m per vessel for 10-year-old South Korean-built units and driving benchmark values up roughly 10% in the process, even as overall tanker sale and purchase volumes slump 63% year-on-year to just 15 reported sales compared to 40 in the same period last year, …
route_disruption · 2026-03-24 21:04:00 Sinokor has emerged as the dominant force reshaping suezmax pricing, committing approximately $83m per vessel for 10-year-old South Korean-built units and driving benchmark values up roughly 10% in the process, even as overall tanker sale and purchase volumes slump 63% year-on...
ports_congestion · 2026-03-24 14:00:00 China has warned of an "uncontrollable situation" amid the escalating Strait of Hormuz crisis and urged all sides to halt military operations as the war involving Iran enters a critical phase and threatens global energy supplies. On March 21, US President Donald Trump issued T...
incidents_accidents · 2026-03-24 10:30:00 Valero has shut down its Port Arthur refinery after an explosion late on Monday set a diesel processing unit on fire, Reuters has reported, citing unnamed sources. Other reports say that emergency services have been sent to the site, and a shelter-in-place order has been issue...
Splash247 · 2026-03-24 08:30:23 Having cornered the VLCC markets with the financial aid of Giuanluigi Aponte’s Mediterranean Shipping Co (MSC), Ga-Hyun Chung-led Sinokor is now turning its attention to the suexmax segment. Greek broker Xclusiv is reporting Sinokor has shelled out around $82m per unit for the three 10-year-old Korean-built suezmaxes, the first in what brokers believe will be …
route_disruption · 2026-03-24 07:43:23 Having cornered the VLCC markets with the financial aid of Giuanluigi Aponte’s Mediterranean Shipping Co (MSC), Ga-Hyun Chung-led Sinokor is now turning its attention to the suexmax segment. Greek broker Xclusiv is reporting Sinokor has shelled out around $82m per unit for the...
reddit:r/shipping · 2026-03-23 20:13:52 I’m a bit confused by the tracking and hoping someone can clarify. On March 21 the tracking said the package arrived at the shipping partner in Chino, CA. Then on March 22 it updated to say it was back in China awaiting a flight. Has anyone else seen this before? Is this just a tracking sync issue where the shipping partner pre‑logs the U.S. arrival before the flight actually takes off, or is something else going
route_disruption · 2026-03-23 18:00:47 Daehan Shipbuilding won an additional order for one Suezmax crude oil tanker, bringing this year’s total to 10. On the 22nd, Daehan Shipbuilding said it signed a construction contract on the 20th with an Africa-based shipping company for one Suezmax crude oil tanker worth 134 ...
Hellenic Shipping News · 2026-03-23 18:00:47 Daehan Shipbuilding won an additional order for one Suezmax crude oil tanker, bringing this year’s total to 10. On the 22nd, Daehan Shipbuilding said it signed a construction contract on the 20th with an Africa-based shipping company for one Suezmax crude oil tanker worth 134 billion won. A Suezmax vessel is the largest size of ...
reddit:r/shipping · 2026-03-23 17:10:47 So, I did a Study Abroad in Japan last year and Mailed back some stuff (two packages). One arrived fine with no issues. The other was stuck at a distribution center. I waited a bit since at that point the other package hadn't arrived either (the first got stuck in Oct 20th, the other arrived on Nov 20th). Late November, I called USPS since the package hadn't moved for a month. They said to do an international inquiry
people_culture · 2026-03-23 17:10:47 So, I did a Study Abroad in Japan last year and Mailed back some stuff (two packages). One arrived fine with no issues. The other was stuck at a distribution center. I waited a bit since at that point the other package hadn't arrived either (the first got stuck in Oct 20th, th...
ports_congestion · 2026-03-23 17:00:27 The Port Authority of the Southern Tyrrhenian and Ionian Seas has won a competitive public tender issued by the Presidency of the Council of Ministers, securing approximately EUR€2 million in funding for the digital transformation of the Port of Gioia Tauro. The authority topp...
sanctions_shadow_enforcement · 2026-03-23 13:00:00 The biggest state-controlled refiners in China are considering whether to buy Iranian crude after the U.S. on Friday issued a one-month waiver allowing imports of Iran-origin crude, sources with knowledge of the situation told Bloomberg on Monday. China has been the biggest an...
Hellenic Shipping News · 2026-03-23 11:00:45 As environmental regulations tighten in line with the global decarbonization trend and the shipbuilding and shipping industries accelerate the development of eco-friendly ship technologies, marine engine makers are also moving in earnest to enter the electric-propulsion vessel market. Companies are drawing attention as they pursue different strategies around a market for electric-propulsion vessels that has ...
people_culture · 2026-03-23 11:00:08 Donald Trump has issued a 48-hour ultimatum to Iran to reopen the Strait of Hormuz, warning of military action against the country’s energy infrastructure. The deadline is now approaching, increasing pressure on global shipping and energy markets. Trump said the United States ...
Hellenic Shipping News · 2026-03-22 22:00:50 BIMCO is pleased to announce the successful launch of its new Laytime Network, created for owner members with professionals whose core responsibility is laytime/demurrage analysis across dry bulk or tanker sectors. This network held its first online session recently, bringing together a diverse group of members for an open and constructive discussion on common issues ...
freight_commodity_indices · 2026-03-22 22:00:40 The allocation of liability for cargo operations remains a crucial and often contentious issue between shipowners and charterers. Disputes frequently arise over responsibility for stowage, lashing, and securing operations, making it essential for all parties to clearly underst...
Hellenic Shipping News · 2026-03-22 22:00:40 The allocation of liability for cargo operations remains a crucial and often contentious issue between shipowners and charterers. Disputes frequently arise over responsibility for stowage, lashing, and securing operations, making it essential for all parties to clearly understand their obligations. This article aims to analyse the allocation of liability for these operations, with a particular ...
people_culture · 2026-03-22 22:00:30 Foreign ministers from the Group of Seven (G7) nations issued a unified declaration on Saturday, signaling a readiness to implement “necessary measures” to stabilize global energy markets. The statement, representing the top diplomats of the U.S., U.K., France, Germany, Italy,...
Hellenic Shipping News · 2026-03-22 22:00:30 Foreign ministers from the Group of Seven (G7) nations issued a unified declaration on Saturday, signaling a readiness to implement “necessary measures” to stabilize global energy markets. The statement, representing the top diplomats of the U.S., U.K., France, Germany, Italy, Canada, and Japan, emphasizes a commitment to safeguarding critical maritime routes. As the Strait of ...
Hellenic Shipping News · 2026-03-22 19:00:54 Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement: Genco’s Board of Directors is committed to maximizing shareholder value. Diana’s indicative proposal does not meet this standard and is not in the best interests of Genco shareholders. The proposal is well ...
sanctions_shadow_enforcement · 2026-03-22 19:00:48 Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement: Genco’s Board of Directors is committed to maximizing shareholder value. Diana’s indicative proposal do...
reddit:r/shipping · 2026-03-21 18:07:48 I'm in the USA and want to ship a box of clean, used, vintage clothing to a friend who lives in Hungary. What's the most reliable way to ship such a package? How economically can this be done? What potential customs issues/hurdles should we be prepared for? Does anyone know how to document clean, used clothing for customs purposes into Hungary? Thanks in advance for any help with this. submitted by /u/Willingham_2311
people_culture · 2026-03-21 18:07:48 I'm in the USA and want to ship a box of clean, used, vintage clothing to a friend who lives in Hungary. What's the most reliable way to ship such a package? How economically can this be done? What potential customs issues/hurdles should we be prepared for? Does anyone know ho...
gCaptain · 2026-03-21 04:22:14 The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Friday issued a new general license authorizing the delivery and sale of Iranian-origin crude oil and petroleum products already loaded...
ports_congestion · 2026-03-20 22:00:59 The turmoil in the global tanker and energy markets from the current crisis in the Middle East could soon lead to a global issue, with 40% of total seaborne crude oil exports affected. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2025, global cr...
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