Stay informed with real-time maritime industry updates
Seatrade Maritime
Seatrade Maritime reports the first LNG carrier transits of the Strait of Hormuz, marking a significant development in maritime operations. Additionally, dislocated tonnage is influencing the tanker market, while VLCC loadings in Yanbu are experiencing a surge.
Splash247
Hafnia has placed an order for eight new MR tankers at HD Hyundai Heavy Industries, valued at approximately $405 million, as reported by Splash247. The BW Group-backed company plans to enhance its fleet with these fuel-efficient vessels, which are scheduled for delivery between Q3 2028 and Q2 2029.
Splash247
President Donald Trump has demanded the reopening of a critical strait amid escalating tensions in the Gulf, as reported by Splash247. The weekend saw fresh attacks on Gulf port infrastructure and disputed claims involving a Mediterranean Shipping Co (MSC) vessel, while new data shows crude tanker tonne-miles have plummeted to unprecedented lows.
Splash247
Swedish authorities have seized the chemical tanker Flora 1, flagged under Sierra Leone, on suspicion of conducting an illegal oil spill in the Baltic Sea, as reported by Splash247. The 21-year-old vessel was detained after aerial photos indicated a possible oil discharge.
Splash247
Djibouti has inaugurated a new ship repair yard, developed with Damen Shipyards and financed by Invest International, as reported by Splash247. The Djibouti Ship Repair Yard (DSRY) is positioned as the largest facility of its kind in the Red Sea and East Africa.
Seatrade Maritime
Seatrade Maritime reports that a container ship docked at Khor Fakken experienced a near miss when unknown projectiles landed in the water nearby. The incident occurred while the vessel was berthed at the UAE port.
gCaptain
The Iranian military has announced that Iraq, a major oil producer, is exempt from shipping restrictions in the Strait of Hormuz, as reported by Bloomberg. This decision highlights the strategic importance of the strait for regional oil exports, according to gCaptain.
gCaptain
An oil tanker carrying Iraqi crude successfully navigated the Strait of Hormuz, as reported by gCaptain. This strategic passage near the Iranian coast is a vital route for global oil shipments.
gCaptain
A cargo ship carrying wheat sank in the Sea of Azov following an attack by Ukrainian drones, resulting in one fatality and two missing persons, as reported by gCaptain. The incident was confirmed by a Russia-installed official.
gCaptain
OPEC+ has cautioned that the ongoing conflict in the Middle East will have a lasting negative impact on oil supply, as reported by gCaptain. The organization announced a symbolic increase in oil production amidst concerns over damage to energy assets in the region.
