Month July 2026

Splash Singapore: Christoph Toepfer on the lingering aftereffects from Hormuz

Splash Singapore: Christoph Toepfer on the lingering aftereffects from Hormuz

The tanker industry must prepare for the possibility that disruption in the Strait of Hormuz becomes a recurring rather than exceptional feature of global energy trading, according to Christoph Toepfer, CEO of Borealis Maritime and founder of Borealis Tankers. Toepfer, who takes part in the tanker markets session at the inaugural Splash Singapore conference on …

Hormuz and Red Sea risks converge

Hormuz and Red Sea risks converge

The US military has fired missiles into a commercial tanker attempting to reach Iran. US Central Command said a military aircraft struck the smokestack of the unladen, Curaçao-flagged Belma after the vessel ignored repeated warnings while sailing through international waters towards Kharg Island, Iran’s principal crude export terminal. The tanker was disabled and is no …

Wärtsilä will supply its Wärtsilä 25 Ammonia auxiliary engine, together with a NOx reducer (SCR) and gas valve unit (GVU), for two new 51,350 m3 capacity midsize LPG/liquid ammonia carrier vessels. The engine will support reduced emissions and operational efficiency……

The Port of Antwerp-Bruges, against a backdrop of geopolitical tensions, trade conflicts, and operational disruptions, context handled 133.9 million tons of maritime goods in the first half of 2026, a decrease of 2.4% compared to the same period last year.…

MPC Capital to rebrand as MPC Oceanic

MPC Capital to rebrand as MPC Oceanic

Hamburg-listed investment and operating group MPC Capital is set to change its name to MPC Oceanic Group, subject to shareholder approval next month. Shareholders will vote on the proposal at the company’s annual general meeting on August 28. The new name is expected to become legally effective in early September following registration. The rebrand follows …

Zhejiang Shipping seals New Dayang bulker deal

Zhejiang Shipping seals New Dayang bulker deal

Chinese owner Zhejiang Shipping Group has signed up for two ultramax bulk carriers at New Dayang Shipbuilding. The contract is worth RMB519.6m ($77m), or about $38.5m per 64,000 dwt vessel, according to the result of a public tender launched by the owner’s parent, Zhejiang Provincial Transportation Investment Group. The two conventionally fuelled ships will be …

Why Is Shipping Turning To Fuel Cells For Clean Power?

Why Is Shipping Turning To Fuel Cells For Clean Power?

Image for representation purposes only For years, fuel cells have been discussed as a promising technology for maritime decarbonisation. Today, the conversation is evolving; the focus is no longer on whether fuel cells can work, but on where they can…