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19 October 2026

Tanker earnings defy all historical comparisons

Downunder Voices Newsroom

Source reporting: Splash247

Tanker earnings defy all historical comparisons

The tanker market has entered such extraordinary territory that independent owners could be making an additional $400m a day above their original earnings expectations, a windfall that, if sustained for a year, would almost match the entire container shipping industry’s profits during its pandemic-era boom. In its latest weekly report, broker Hartland estimates that independent …

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19 October 2026

The pilot ladder rules that could send ships back to the yard

New IMO rules will shift the focus of pilot transfer safety from how ladders are rigged to how ships are built, potentially forcing owners into significant modifications as compliance deadlines approach. Alex Byelyavtsev reports. For years, pilot-transfer safety was read as a rigging question. If the ladder was wrong, the crew had tied it wrong. …

Splash247Original

19 October 2026

Peel Ports Group appoints David Huck as new CEO

Peel Ports Group has appointed David Huck as its new Group Chief Executive Officer, following the departure of Claudio Veritiero earlier this month. Huck moves into the role from his previous position as Chief Operating Officer. He has spent 16 years with the company, including almost a decade on its executive leadership team. He will now lead the UK’s second-largest port group, which generates £820 million in annual revenue and handles more than 60 million tonnes of cargo each year. Extensive experience in port operations As Chief Operating Officer, Huck oversaw Peel Ports Group’s operations across the UK and Ireland.

Container NewsOriginal

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19 October 2026

Chemikalien Seetransport down to one LR1 tanker

German tanker owner and shipmanager Chemikalien Seetransport (CST), backed by the Krämer family, is continuing to reduce its exposure to ageing tonnage, selling its 20-year-old LR1 tanker London Star to Chinese interests. The 73,900 dwt New Century-built tanker has just been renamed Tenyou.    The disposal leaves the Hamburg-based outfit with one other 20-year-old LR1 tanker on …

Splash247Original