Stay informed with real-time maritime industry updates
Seatrade Maritime
Cosco Shipping Lines is introducing new direct services to the US West Coast, as reported by Seatrade Maritime. This development is part of the Chinese carrier's efforts to upgrade its Transpacific services.
Splash247
A report by Veson Nautical, highlighted by Splash247, stresses the importance of robust foundations for AI deployment in maritime sectors like chartering and operations. The report, titled Maritime AI Foundation, suggests that the industry's main challenge is ensuring these foundations are strong enough to support AI integration.
Splash247
Thenamaris has placed an order for three LR2 newbuildings at Hengli Heavy Industries, as reported by Splash247. This move is part of the Greek owner's ongoing expansion in the product tanker segment. The Chinese shipbuilder announced the deal on social media, though details on pricing and delivery remain undisclosed.
Offshore Energy
The multi-use oceanographic research vessel Miss Emma McCall, built in 2003, is being reflagged to Vanuatu before its upcoming assignment in Honduras, as reported by Offshore Energy. This move is part of TDI-Brooks' operational strategy.
Splash247
As reported by Splash247, the ongoing Hormuz shipping crisis is prompting a significant reconfiguration of global trade routes, with the disruption now exceeding the scale of the 1970s oil shocks, according to the International Energy Agency. Governments and corporations across the Middle East are accelerating efforts to redraw trade corridors.
Splash247
WinGD has announced its first orders for ethanol-fueled engines, which will be installed on two Guaibamax ore carriers being constructed in China for Shandong Shipping Corporation, as reported by Splash247. These developments mark a significant step in the maritime industry's pursuit of lower-emission fuel options.
Splash247
German owner GEFO is set to expand its inland gas tanker operations by acquiring the gas shipping activities of Unigas Shipping Swiss, as reported by Splash247. The deal, involving seven vessels, is expected to finalize in June or July 2026.
Seatrade Maritime
A new study by Kongsberg Maritime reveals that deploying electric ferries in shortsea trades could result in lifetime savings of 8-15%, as reported by Seatrade Maritime. The study highlights the potential for significant operational cost reductions.
Splash247
Splash247 highlights the growing gap between the demand for qualified seafarers and the available workforce, as emphasized by Doğukan Şimşek of AVS Global Ship Supply. The article discusses how maritime education must adapt to bridge this disconnect, which poses a challenge to the global shipping industry.
Splash247
Adani Enterprises Limited has agreed to a $275 million settlement with the US Treasury Department over alleged violations of sanctions against Iran, as reported by Splash247. The Office of Foreign Assets Control noted that the settlement addresses 32 apparent violations related to Adani's liquefied petroleum gas purchases.
