Stay informed with real-time maritime industry updates
Splash247
Swiss insurance giant Zurich is acquiring British insurer Beazley for £8.1bn, as reported by Splash247. Beazley, known for its significant marine portfolio, will be delisted from the London Stock Exchange but will remain a UK-based entity.
Splash247
Naftomar has been linked to a suezmax deal as rates in the Persian Gulf surpass $300,000, according to Splash247. The vessel Sigrun, previously known as Karvounis, was sold for approximately $2 million less than its prior purchase price. The deal comes amid a rapidly changing geopolitical landscape.
Splash247
Splash247 reports on a Russian-speaking hacking group, Diesel Vortex, which has stolen over 1,600 logins to logistics platforms, transforming carrier and broker identities into vulnerable attack surfaces. This development highlights the growing trend of freight fraud becoming a repeatable service.
Splash247
Union Maritime, a diversified UK owner, has reportedly placed its first order for newcastlemax bulkers, as reported by Splash247. The company has signed a provisional deal for up to four 215,000 dwt vessels at Wuhu Shipyard in China, with each ship costing around $76 million.
Splash247
Performance Shipping, a Greek tanker owner listed on Nasdaq, has contracted Shanghai Waigaoqiao Shipbuilding for two suezmax vessels, each costing $81.5 million, as reported by Splash247. The 158,000 dwt tankers are scheduled for delivery in October 2028 and May 2029.
Seatrade Maritime
Seatrade Maritime reports that Qatar has stopped LNG production, leaving loaded tankers stationary west of the Strait of Hormuz, raising concerns about a global energy crisis. This halt in exports from the Arabian Gulf could significantly impact energy markets worldwide.
Splash247
Greek offshore contractor Asso.subsea has ordered a second next-generation trenching support vessel (TSV) named Andromeda from China Merchants Heavy Industry’s Shenzhen yard, as reported by Splash247. This vessel will join its sister ship, Avra, which was ordered in September 2025 for delivery at the end of 2027.
Seatrade Maritime
Seatrade Maritime reports that the Islamic Revolution Guard Corps has threatened to halt all oil flow through the Strait of Hormuz by targeting ships and pipelines. This development raises significant concerns for global shipping and energy markets.
gCaptain
The global marine insurance market is retreating from the Persian Gulf due to increasing military tensions involving the United States, Israel, and Iran, reports gCaptain. This development is causing a significant shift in the region's maritime risk profile as reinsurers pull back from offering coverage.
gCaptain
U.S. forces targeted the Shahid Bagheri, Iran's first dedicated drone carrier, shortly after the commencement of Operation Epic Fury on Iran, as reported by the U.S. military. The announcement was made by U.S. Central Command, according to gCaptain.
