Stay informed with real-time maritime industry updates
Splash247
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
HD Hyundai is shifting its business strategy from shipbuilding to exporting shipyard construction know-how, as reported by Splash247. The company, through its holding entity HD Korea Shipbuilding & Offshore Engineering, aims to tap into global demand for shipyard development expertise.
Splash247
German shipowners are advocating for a civilian 'sea service' to enhance the nation's trade resilience during crises, as reported by Splash247. This initiative, suggested by the German Shipowners’ Association (VDR), aims to integrate maritime experience into future military service requirements.
Splash247
A fire at Russia’s Baltic Sea port of Ust-Luga, following drone attacks, is being addressed, as reported by the governor of the Leningrad region on Telegram. Videos have emerged showing significant damage to this key Baltic export facility, according to Splash247.
Splash247
Turkish conglomerate Yasa Group has been identified as the buyer of two 3,100 TEU containership newbuildings from Penglai Zhongbai Jinglu Ship Industry, slated for delivery in late 2025, as reported by Alphaliner. The order highlights Yasa's expansion into the container shipping sector, according to Splash247.
Splash247
Space Norway has launched its first in-house developed satellite, Mimir 1, from Vandenberg Space Force Base in California, as reported by Splash247. The satellite features a VHF Data Exchange System payload aimed at enhancing maritime communications by enabling two-way data exchange between vessels and satellites.
Splash247
PPG has introduced a new analytics platform, PPG InsightsNav, designed to assist shipowners and fleet operators in managing marine seastock purchasing data, as reported by Splash247. The platform aims to streamline spending patterns, forecast future needs, and uncover cost-saving opportunities in coatings procurement, an area traditionally plagued by fragmented data.
Splash247
Intellian Technologies is broadening its maritime connectivity ambitions by expanding its Global Maritime Distress and Safety System portfolio, as reported by Splash247. The South Korean company showcased its developments at the Satellite 2026 conference in Washington, D.C.
Splash247
Scylax Marine, a New Orleans-based firm, has launched SMURZ 20, a mobile vessel management app designed for micro-fleet and solo workboat operators, as reported by Splash247. The app, available on Android and Apple devices, provides enterprise-level tools at a lower cost than traditional fleet management software.
Seatrade Maritime
CK Hutchison's legal battle over the control of container terminals in Cristobal and Balboa has resulted in damages claims exceeding $2 billion, as reported by Seatrade Maritime. The Hong Kong-based group is contesting the takeover of these terminals located on either side of the Panama Canal.
