US hits Iranian energy export network and Chinese import hub in sweeping sanctions move
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...
Shipping News
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Splash Wrap: Fees, fuels and fault lines
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...
MITSUI E&S ships 500th MITSUI-PACECO Portainer®
MITSUI E&S Co., Ltd. has reached a major milestone with the shipment of its 500th MITSUI-PACECO Portainer® quay container crane, underscoring more than six ...
First TCT Turbocharger produced in Japan by Mitsui
The first TCT turbocharger built under licence in Japan has rolled off the production line at the MITSUI E&S Co., Ltd. Tamano factory. The TCT40 unit, produced ...
Sanctions list swells, momentum fades
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, a...
Performance Shipping moves into suezmax segment with double purchase
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 ...
Maersk terminates contract for near-complete WTIV with Seatrium
Singapore shipyard group Seatrium has received a notice of termination of a contract for the construction of a wind turbine installation vessel for Maersk Offsh...
Wärtsilä to expand Delta P Power plant in Palawan
Wärtsilä will expand the Delta P, Inc. (DPI) power plant in Puerto Princesa, Palawan. The project will add two Wärtsilä 32 engines, raising ...
Ren Yuanlin plugs Yangzijiang fortune into world’s biggest battery anode maker
Ren Yuanlin, the founder of Yangzijiang Shipbuilding, is taking over the world’s biggest supplier of lithium battery anode materials. Battery specialist Shans...
J. Lauritzen invests in Corvus Energy
Danish shipowner major J. Lauritzen is among a consortium investing in marine battery specialist Corvus Energy. Corvus Energy announced yesterday it has secured...
Shipping’s net-zero play: bet on wind
The IMO’s Net-Zero Framework is upcoming. Wind-assisted propulsion cuts costs, creates jobs, and earns compliance bonuses—delivering climate action, aff...
Trelleborg completes delivery of SafePilot systems for Mexico’s nationwide port
Trelleborg Marine and Infrastructure has reached the final stage of a landmark navigation modernization project, completing delivery of its SafePilot Portable P...