Latest Maritime News

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Splash247
ports May 12, 2026

CMA CGM to Invest $820M in Mombasa Port Expansion

CMA CGM has committed $820 million to modernize and expand two terminals at the Port of Mombasa, enhancing cargo-handling capacity and regional trade, as reported by Splash247. The investment is part of a cooperation framework with the Kenyan government, aiming to boost Kenya's connectivity to global markets.

Port of Mombasa (KE)
Splash247
security May 12, 2026

US Targets Iran's Oil Pipeline to China with New Sanctions

The US Treasury Department has sanctioned 12 individuals and entities for facilitating the sale and shipment of Iranian oil to China, as reported by Splash247. This move, part of Washington's Operation Economic Fury, is executed by the Office of Foreign Assets Control under its counterterrorism authority.

Splash247
market May 12, 2026

Bauxite Trade Challenges Impact Capesize Vessels

The seaborne bauxite trade is facing significant challenges due to a potential export cap in Guinea and a supply chain crisis in the Middle East, as reported by Splash247. These issues could affect the availability of capesize vessels, a key component in dry bulk shipping's recent growth.

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