Stay informed with real-time maritime industry updates
Splash247
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.
Splash247
Auction prices for priority Panama Canal transits have soared to $4 million per vessel, as reported by Splash247. This increase is driven by geopolitical turmoil in the Middle East, which is altering global shipping patterns and prompting operators to seek alternative routes.
Splash247
Splash247 reports that the Geneva Dry 2026 conference highlighted how geopolitical disruptions and shifting commodity flows are affecting the availability of geared dry bulk vessels. The discussion emphasized the challenges faced in the global minor bulk export market due to these factors.
Splash247
The global shipping industry is experiencing significant shifts due to geopolitics, ageing fleets, and environmental regulations, as outlined in the latest Shipping Market Review by Danish Ship Finance. Splash247 reports that these factors are creating a divide between successful and struggling sectors. The May 2026 edition highlights the impact of slowing globalisation on the industry.
Splash247
Greek shipowner TMS Cardiff Gas, owned by George Economou, is linked to an order for two dual-fuel very large gas carriers (VLGCs) at HD Hyundai Heavy Industries in South Korea, as reported by Splash247. This move is part of Economou's ongoing expansion of his gas shipping portfolio.
Splash247
Norwegian shipowner Knutsen Group is linked to a new LNG carrier order at South Korea's Hanwha Ocean, as reported by Splash247. The South Korean shipbuilder has secured a KRW363.2bn ($250.3m) contract for one LNG carrier from a European shipping company, further expanding Knutsen's orderbook.
Splash247
Dolphin Drilling has finalized a $150 million long-term contract with Harbour Energy for the semisubmersible drilling rig Paul B Loyd Jr, as reported by Splash247. This agreement will commence immediately after the current firm term expires, continuing operations in the UK sector of the North Sea.
Seatrade Maritime
The Seatrade Maritime News Podcast discusses the challenges of marine travel as airfares rise and flights are canceled, leaving crews stranded in conflict zones. This complex situation is explored in the latest episode, highlighting the difficulties faced by maritime operations.
gCaptain
Images circulating online show the Iranian tanker Sea Star III with visible damage and an active fire, days after it was disabled by a U.S. Navy fighter jet, gCaptain reports. The incident highlights ongoing tensions in maritime security operations.
gCaptain
The Port of Los Angeles reported strong performance in April, but its chief warns that shipping will not stabilize without enduring peace in the Strait of Hormuz, as reported by gCaptain. High energy prices are significantly impacting the trucking sector, according to the port's head.
