Stay informed with real-time maritime industry updates
gCaptain
Britain is set to host discussions with 35 countries to form a coalition focused on reopening the Strait of Hormuz, as reported by gCaptain. This initiative follows U.S. President Donald Trump's remarks that securing the strategic waterway should be a collective responsibility of other nations.
Seatrade Maritime
Venergy Maritime, a Greek shipowner, has placed an order for two tankers at Waigaoqiao Shipbuilding, as reported by Seatrade Maritime. This move is part of Venergy Maritime's ongoing expansion of its newbuilding program in China across both tanker and container segments.
Splash247
Thompson Shipping Group, based in Australia, has enhanced its dry bulk fleet with the acquisition of a Japanese-built handysize vessel, as reported by Splash247. The 35,947 dwt ship will be renamed TSL Lusaha and integrated into Thompson Shipping Lines, although the purchase price and seller remain undisclosed.
gCaptain
The Strait of Hormuz remains effectively closed, causing significant disruptions in global trade and energy markets, as reported by the United Nations Conference on Trade and Development. This closure has led to concerns over inflation and slowing economic growth worldwide, according to gCaptain.
gCaptain
gCaptain reports that an oil tanker stranded in the Persian Gulf received an offer for safe passage through the Strait of Hormuz, contingent on re-registering under Pakistan's flag and paying a fee. This proposal, facilitated by the Iranian Navy, comes amid heightened tensions in the region.
Splash247
The ongoing Hormuz crisis is exacerbating conditions for seafarers, with the United Nations highlighting the unprecedented challenges faced since World War II, as reported by Splash247. This situation follows the difficulties of the COVID-19 pandemic and the 865-day Red Sea shipping crisis.
Offshore Energy
DroneQ Robotics, a Dutch company specializing in advanced unmanned robotics services, has obtained exclusive rights to utilize a research vessel built in 2014, as reported by Offshore Energy. This development marks a significant step for DroneQ in expanding its operational capabilities.
gCaptain
U.S. offshore oil production reached a record 714 million barrels in 2025, highlighting the significant role of deepwater projects in the Outer Continental Shelf, as reported by gCaptain. This milestone underscores the increasing importance of deepwater developments in the U.S. energy sector.
Splash247
JP Morgan's shipping division is reportedly involved in a newbuilding deal in South Korea's very large gas carrier (VLGC) sector, as reported by Splash247. Samsung Heavy Industries announced a contract for two VLGCs valued at approximately $226 million, with deliveries scheduled through May 2029 for an unnamed Bermuda-based owner.
Seatrade Maritime
Seatrade Maritime reports that the closure of the Strait of Hormuz has led to a significant increase in crude exports through Yanbu in the Red Sea. However, this route now faces potential threats from Houthi forces.
