Stay informed with real-time maritime industry updates
Splash247
Seaborne agricultural trade reached a record 716.5 million tonnes in 2025, marking a 1% increase from the previous year, as reported by Splash247. This growth is based on load dates and includes all cargoes and bulk carrier types, according to analysis from Ursa Shipbrokers.
Splash247
Splash247 reports that Panama's Supreme Court has declared CK Hutchison's concession to operate two container terminals at the Panama Canal unconstitutional. This decision has led the Hong Kong-based company to initiate arbitration proceedings against the Panamanian state, marking a significant test case in the region.
Seatrade Maritime
Precious Shipping is expanding its fleet by acquiring a 20-year-old MR product tanker, as reported by Seatrade Maritime. This marks the company's entry into the product tanker market.
Seatrade Maritime
Drydocks World has joined an emissions reduction group, bringing its expertise in integrating technologies onboard ships, as reported by Seatrade Maritime. The Dubai-based shipyard aims to contribute to sustainability efforts in the maritime sector.
Offshore Energy
DOF Group, a Norwegian vessel owner, is gearing up for a significant offshore project in Argentina, as reported by Offshore Energy. This project is expected to span over 250 days, marking a substantial endeavor for the company.
Splash247
The International Chamber of Shipping (ICS) has issued a warning to the US regarding its plan to impose higher port fees on foreign-built vessels as part of the Maritime Action Plan, reports Splash247. The proposal, which aims to boost domestic shipbuilding, has raised concerns about potential retaliatory measures from other countries.
BigLift Shipping has ordered a new heavylift vessel, a sister ship to the Happy Star, from Dalian Shipbuilding Offshore, with delivery expected in June 2028, reports Splash247. The contract includes an option for a second ship, though pricing details have not been disclosed.
Splash247
Madagascar has alerted the International Maritime Organization about a rise in fraudulent ship registrations, involving nine vessels falsely using Madagascar's flag state documents, as reported by Splash247. The vessels include general cargo ships and various types of tankers.
Splash247
The United Nations Convention on the International Effects of Judicial Sales of Ships, also known as the Beijing Convention, officially came into force today, as reported by Splash247. This marks the end of a process initiated in 2007 by the Comité Maritime International to address global issues caused by failures in judicial ship sales.
Seatrade Maritime
The International Chamber of Shipping (ICS) has expressed opposition to a proposed US port fee on foreign-built vessels, arguing it would impose a significant financial burden, as reported by Seatrade Maritime. The fee is intended to support former President Trump's shipbuilding goals.
