Stay informed with real-time maritime industry updates
Seatrade Maritime
Seatrade Maritime reports that both the US and Iran have seized commercial vessels, highlighting ongoing tensions over freedom of navigation in the Straits of Singapore and Malacca. This development underscores the strategic importance of these waterways.
Splash247
The ongoing shipping crisis in the Hormuz region has dominated maritime news, impacting sectors like fertiliser and sulphur, as reported by Splash247. Arsenio Dominguez of the International Maritime Organization emphasized the need for de-escalation and restoring navigation freedom amid rising tensions.
Offshore Energy
Wärtsilä Gas Solutions is set to supply cargo handling and fuel systems for two ammonia-fueled carriers, as reported by Offshore Energy. These systems are expected to be operational by 2027, enhancing the vessels' efficiency and sustainability.
Splash247
The Marine Environment Protection Committee's 84th session begins in London, focusing on the future of the global carbon pricing mechanism, as reported by Splash247. This significant regulatory meeting runs from April 27 to May 1 at the IMO headquarters.
Splash247
dship Carriers and NSB Group have formed a joint venture named Hinode Shipmanagement to manage a new series of multipurpose vessels, as reported by Splash247. The new entity will be headquartered in Buxtehude, focusing on specialized tonnage management.
Splash247
Mumbai-based Seven Islands Shipping is aggressively expanding its fleet by acquiring 11 MR tankers since early 2025, as reported by Splash247. This expansion aligns with India's increasing energy demand, positioning the company as a significant player in the product tanker market.
Splash247
The Panama Canal has experienced a marked increase in vessel transits and tonnage during the first half of its 2026 fiscal year, with some ships paying over a million dollars for last-minute crossing slots, according to Splash247. This surge is attributed to a rise in demand for the canal's reservation system amid heightened global trade activity.
Splash247
Greek owner M/Maritime is expanding into the container shipping sector by ordering its first feeder boxships, as reported by Splash247. The company has contracted two 2,800 teu vessels from HD Hyundai Heavy Industries, with eco-friendly CON-GREEN designs, expected for delivery starting in early 2028.
Splash247
Tsakos Energy Navigation (TEN) has extended the charters for two shuttle tankers for up to five years each, as reported by Splash247. This move strengthens TEN's position in the offshore loading segment with contracts continuing directly after the current ones.
Seatrade Maritime
Seatrade Maritime reports that the Trump administration is considering extending the Jones Act waiver to 90 days, a move that has stirred discontent among US maritime industries. The extension plan has raised concerns about its potential impact on the domestic shipping sector.
