Latest Maritime News

Seatrade Maritime

operations March 9, 2026

CMA CGM Achieves First Bio-Methanol Bunkering in Shanghai

CMA CGM has successfully completed its first bio-methanol bunkering operation in Shanghai, marking a significant step forward in low carbon marine fuel, as reported by Seatrade Maritime. The bunkering was carried out by SIPG Energy on a container ship.

Shanghai (CN)

Seatrade Maritime

Offshore Energy

fleet March 9, 2026

Hanwha Ocean Delivers Second VLCC to DHT Holdings

Offshore Energy reports that Hanwha Ocean has delivered the second of four Very Large Crude Carriers (VLCCs) to Bermuda-based DHT Holdings. This delivery marks a significant milestone for the tanker company as it expands its fleet.

Offshore Energy

Splash247

market March 9, 2026

Hormuz Conflict Drives Historic Shipping Rate Surge

Splash247 reports that the ongoing conflict between Iran and the US/Israeli coalition has led to a significant increase in oil prices and spot shipping rates, reaching historic highs. The situation, now in its tenth day, is heavily impacting the global economy.

Splash247

Offshore Energy

operations March 9, 2026

Viridien Begins 3D Seismic Survey Off Uruguay

France-based Viridien has started a multi-client 3D seismic survey offshore Uruguay, as reported by Offshore Energy. The survey aims to gather detailed geophysical data in the region.

Offshore Energy

Splash247

ports March 9, 2026

CK Hutchison Seeks $2bn in Panama Arbitration Over Terminal Dispute

CK Hutchison's Panama Ports Company has initiated international arbitration, seeking at least $2 billion in damages after the Panamanian government moved to cancel its concession and take control of the Balboa and Cristóbal terminals. This development was reported by Splash247.

Balboa (PA) Cristóbal (PA)

Splash247

Splash247

security March 9, 2026

Sweden Detains Russian Ship Caffa for Alleged Grain Theft

Swedish authorities have seized the cargo ship Caffa and detained a crewmember near Trelleborg, amid suspicions of the vessel being stateless and involved in transporting stolen Ukrainian grain, as reported by Splash247. The operation involved armed police boarding the ship from a helicopter and a high-speed boat.

Caffa (cargo) Trelleborg (SE)

Splash247

Seatrade Maritime

operations March 9, 2026

Legal Implications of Strait of Hormuz Crisis on Shipowners

Seatrade Maritime examines the legal challenges faced by shipowners with vessels stranded in the Gulf amid the Strait of Hormuz crisis, questioning who bears the financial responsibility and whether charter performance can be refused due to risks to the vessel and crew.

Seatrade Maritime

Splash247

market March 9, 2026

Africa's Container Lanes Lead Global Growth

Africa is emerging as a significant player in the global liner market, with its container lanes showing the highest growth rates, according to data from Container Trade Statistics reported by Splash247. The trend observed last year continues to gain momentum, highlighting Africa's increasing influence on global trade routes.

Splash247

Splash247

fleet March 9, 2026

Tanker Fleet Faces Ageing Challenge Amid Newbuild Surge

As reported by Splash247, the tanker industry is experiencing a surge in newbuild contracts across Asian shipyards, particularly for VLCCs. Despite this, more than half of the tanker fleet (51%) is now over 15 years old, according to broker Hartland.

Splash247

Seatrade Maritime

market March 9, 2026

Star Bulk Joins Diana in Genco Takeover Battle

Seatrade Maritime reports that Star Bulk has entered the acquisition race for Genco, alongside Diana Shipping. This development marks a significant move in the ongoing consolidation within the dry bulk shipping sector.

Seatrade Maritime