Stay informed with real-time maritime industry updates
Seatrade Maritime
Maritime associations have issued guidance for navigating the Strait of Hormuz due to congestion risks, as reported by Seatrade Maritime. The advisory comes as the transit window opens, highlighting potential challenges in the busy waterway.
gCaptain
The global shipping industry has issued new guidance for vessels transiting the Strait of Hormuz, highlighting potential risks even if the waterway remains technically open, as reported by gCaptain. This move underscores the increasing concerns about safety and security in this critical maritime chokepoint.
gCaptain
The UK government has quietly adjusted its sanctions on Russia, allowing imports and trade of diesel and jet fuel refined from Russian crude, as reported by gCaptain. This change comes with the issuance of a new general trade licence, indicating a shift in the UK's approach to its sanctions regime.
Offshore Energy
Offshore Energy reports that Kawasaki Kisen Kaisha (K Line) has held a naming ceremony for a new LNG vessel at Samsung Heavy Industries’ yard. This vessel is set to serve an LNG export terminal in Kitimat, British Columbia, operated by LNG Canada, a joint venture including Shell and Petronas.
gCaptain
The new crude oil pipeline designed to bypass the Strait of Hormuz is now halfway finished, as reported by gCaptain. Sultan Al Jaber, CEO of ADNOC, confirmed the progress on Wednesday, noting the project's significance for the United Arab Emirates.
Seatrade Maritime
TOC Europe 2026, in conjunction with CSC Live, is set to address key issues such as automation deployment, geopolitical disruptions, and supply chain challenges, as reported by Seatrade Maritime. The event aims to tackle these pressing topics to enhance industry resilience.
Offshore Energy
Singapore’s Yinson Production has inaugurated a new office in Shanghai to boost collaboration with Chinese shipyards and suppliers, as reported by Offshore Energy. This expansion aims to enhance the company's execution capabilities and responsiveness in key energy markets.
Seatrade Maritime
Zim Integrated Shipping Services reported a decline in both volumes and freight rates for the first quarter, as detailed by Seatrade Maritime. The financial downturn comes amid acquisition interest from Hapag-Lloyd.
Offshore Energy
Next Geosolutions, an Italian offshore survey specialist, has secured a €9 million contract from TenneT for a survey in the Dutch offshore wind zone, as reported by Offshore Energy. This contract highlights NextGeo's growing presence in the renewable energy sector.
Splash247
The Asian Infrastructure Investment Bank (AIIB) is set to lend $300 million to International Container Terminal Services Inc. (ICTSI) for the expansion and upgrade of three container terminals in the Philippines, as reported by Splash247. The investment will enhance infrastructure at the Manila International Container Terminal, the South Luzon Container Terminal in Batangas, and the Mindanao terminal.
