Stay informed with real-time maritime industry updates
Splash247
Hengli Heavy Industry has become a leading Chinese shipyard by order volume, as reported by Splash247. The northeastern yard, revitalized by Chen Jianhua in 2022, has been securing orders at an unprecedented rate, with a new order every three days throughout 2025.
Splash247
The ongoing conflict in the Middle East poses significant risks to global maritime trade, particularly in the Red Sea and Gulf of Aden regions, as reported by Splash247. Punit Oza provides guidance for shipping companies on maintaining welfare and security for ships and seafarers during this crisis.
Splash247
London-based Zodiac Maritime is expanding its crude carrier fleet with an order for five tankers, as reported by Splash247. The company, controlled by Eyal Ofer, has contracted four 319,000 dwt VLCCs at Jiangsu New Hantong Ship Heavy Industry for approximately $120 million each, with delivery expected in 2029.
Seatrade Maritime
Seatrade Maritime reports that the Joint War Committee has extended the war risk zones in the Middle East, covering risks such as hull war, piracy, and terrorism. This expansion reflects ongoing concerns about security in the region.
Seatrade Maritime
Seatrade Maritime reports that VLCC rates have soared to unprecedented highs, with some fixtures exceeding $400,000 per day. This surge is partly attributed to the Trump administration's plan for naval escorts in the Strait of Hormuz, potentially encouraging risk-taking among vessel owners.
gCaptain
The crew of the Russian LNG carrier Arctic Metagaz have been found alive after abandoning their ship due to a fire in the central Mediterranean, as confirmed by Maltese authorities. The incident involving the sanctioned vessel was reported by gCaptain.
gCaptain
President Donald Trump announced that the U.S. government will provide political risk insurance and financial guarantees for maritime trade in the Persian Gulf, as reported by gCaptain. He also hinted at the possibility of U.S. Navy tanker escorts in the region.
gCaptain
President Donald Trump is set to review policy options to manage energy prices amid the Middle East conflict, including a proposal for U.S. government assistance in securing insurance for oil tankers, as reported by gCaptain.
gCaptain
gCaptain reports that Ocean Network Express (ONE) has halted bookings to Middle East Gulf ports, raising fears of congestion at major global shipping hubs. Jeremy Nixon, ONE's CEO, discussed the implications of this decision at the S&P Global TPM event.
Splash247
United European Car Carriers (UECC) is expanding its fleet by ordering two additional eco-friendly car carriers from China, Splash247 reports. The Oslo-based shortsea roro operator, co-owned by Wallenius Lines and Nippon Yusen Kaisha, has signed a contract for the vessels at China Merchants Jinling Shipyard Nanjing.
