Stay informed with real-time maritime industry updates
Seatrade Maritime
Seatrade Maritime reports that Norden sees a shift in risk-reward balance favoring dry cargo, highlighting the company's segment diversification as a strength. The temporary closure of the Strait of Hormuz has provided a short-term uplift in the market, despite its fundamentally negative impact.
Offshore Energy
Prime Energy Resources Development is progressing with subsea installation works for its natural gas project off the coast of the Philippines, as reported by Offshore Energy. The company aims to bring the next stage of the project online before the end of 2026.
Seatrade Maritime
Seatrade Maritime reports on the latest weekly time charter rates for dry bulk and tanker shipping as of May 6. The report provides insights into current market trends and rate fluctuations.
Splash247
The Global Maritime Forum has appointed Stephen Fewster from ING Bank and Mads Peter Zacho of Navigator Holdings to its board, as reported by Splash247. This reshuffle introduces new perspectives from the shipping and finance sectors.
Seatrade Maritime
Seafarer happiness has sharply declined due to mounting stress and fear following US and Israeli attacks on Iran, as reported by Seatrade Maritime. The Seafarers Happiness Index highlights a significant drop in morale amid the ongoing Hormuz crisis.
gCaptain
Abu Dhabi National Oil Co. has reportedly managed to export a second LNG shipment through the Strait of Hormuz, as indicated by ship-tracking data compiled by Bloomberg. This development occurs despite most traffic being halted due to the Iran conflict, gCaptain reports.
Offshore Energy
Norwegian company Agalas has received a 100-meter cable laying support vessel from a Turkish shipyard, as reported by Offshore Energy. The vessel is designed for cable laying and light construction tasks.
Seatrade Maritime
Seatrade Maritime reports that the container ship CMA CGM San Antonio was attacked in the Strait of Hormuz, resulting in injuries to seafarers. The incident highlights ongoing security concerns in the region.
Offshore Energy
DeepOcean has successfully completed its first subsea intervention managed from shore, highlighting advancements in remote subsea capabilities, as reported by Offshore Energy.
Splash247
Orient Overseas Container Line (OOCL) has filed a legal challenge against the Federal Maritime Commission, questioning the constitutionality of the regulator's adjudication process, as reported by Splash247. This follows a $45 million ruling against the liner operator, prompting OOCL to seek a halt to ongoing FMC proceedings in a Texas federal court.
