Latest Maritime News

gCaptain

accidents March 25, 2026

Libya Secures Drifting Arctic Metagaz Tanker in Mediterranean

Libyan authorities have successfully secured the Russian LNG tanker Arctic Metagaz, which had been adrift in the central Mediterranean for weeks, as reported by gCaptain. This action was taken after European coastal states failed to address the environmental and navigational risks posed by the drifting vessel.

Arctic Metagaz (tanker)

gCaptain

Splash247

fleet March 25, 2026

Flex LNG Secures New Charter for Flex Aurora

Flex LNG has secured a new charter for its LNG carrier, Flex Aurora, as reported by Splash247. The vessel, which recently completed a previous contract, is now fixed to a supermajor for two years, with additional options available.

Flex Aurora (LNG carrier)

Splash247

Seatrade Maritime

ports March 25, 2026

ICTSI Withdraws from Yantai Port Joint Venture

ICTSI has formally exited its joint venture at the Yantai port, marking its departure from the Chinese port market after two decades, as reported by Seatrade Maritime.

Yantai (CN)

Seatrade Maritime

Splash247

fleet March 25, 2026

Golden Energy Management Orders New Suezmax Tanker in South Korea

Golden Energy Management, based in Athens and controlled by the Resits family, has ordered a new suezmax tanker from DH Shipbuilding in South Korea, as reported by Splash247. The 157,000 dwt vessel is priced at approximately $89.5 million, with delivery anticipated in 2029.

Splash247

Seatrade Maritime

operations March 25, 2026

Iron Maiden Sails from Hormuz to Australia Amid Tensions

The Japanese-owned bulker Iron Maiden is set to become the first ship from the Gulf to call in Australia since the outbreak of the Iran war, as reported by Seatrade Maritime. The vessel successfully navigated the Strait of Hormuz en route to Western Australia.

Iron Maiden (bulk)

Seatrade Maritime

Splash247

market March 25, 2026

Shell's Karrie Trauth Appointed President of UK Chamber of Shipping

Karrie Trauth, a Shell executive, has been appointed as the new president of the UK Chamber of Shipping, as reported by Splash247. Donnacha O’Driscoll from Carnival UK was confirmed as vice president during the organization's annual general meeting.

Splash247

Offshore Energy

fleet March 25, 2026

Flex LNG Secures Long-Term Charter for LNG Carrier

Flex LNG has secured a new long-term charter for one of its LNG carriers with an undisclosed 'supermajor', as reported by Offshore Energy. The Bermuda-based company will lease out the six-year-old vessel for an extended period.

Offshore Energy

Splash247

security March 25, 2026

Strait of Hormuz Shipping Faces Diplomatic and Practical Challenges

The Persian Gulf war's fourth week has seen mixed signals for commercial shipping, including a US peace proposal and an Iranian offer to allow some vessels through the Strait of Hormuz, as reported by Splash247. Additionally, there are serious warnings about mines in the waterway, and the bunker market is facing what industry veterans describe as the worst supply situation.

Splash247

Seatrade Maritime

market March 25, 2026

Shipowners Concerned Over Fuel Shortages Amid Iran Conflict

Bunker prices have surged since the onset of the conflict in Iran, leading to growing concerns about fuel supply shortages in the coming months, as reported by Seatrade Maritime. Shipowners are particularly worried about the impact of prolonged hostilities on fuel availability.

Seatrade Maritime

Splash247

market March 25, 2026

Dry Bulk Market Poised for 'Cautious Stability' Ahead of Geneva Dry Dialogues

The dry bulk market is anticipated to enter a phase of 'cautious stability' by the time industry stakeholders convene in Geneva next month, as reported by Splash247. Amrit Singh, a senior manager at LSEG, suggests the market will likely balance steady demand with growing supply.

Splash247