Stay informed with real-time maritime industry updates
Trade imbalances have led to a significant increase in empty container shipments, with one in three containers now being moved without cargo, a rise from one in four before the pandemic, according to new analysis by Danish consultancy Sea-Intelligence, as reported by Splash247.
Seatrade Maritime
Folk Maritime anticipates a 30% growth as a regional container line, with its operations expected to surpass feeder services, despite ongoing Middle East conflicts, as reported by Seatrade Maritime. The Saudi carrier is navigating these challenges to maintain its expansion trajectory.
SBM Offshore has been awarded contracts by Petrobras for two FPSO projects in the Sergipe-Alagoas basin off Brazil, as reported by Splash247. The projects involve the design, construction, and operation of FPSOs SEAP-I and SEAP-II.
Seatrade Maritime
Seatrade Maritime reviews key maritime stories from May 2026, highlighting issues like price fixing and a stalemate in the Strait of Hormuz. The podcast episode provides insights into the month's significant developments in the shipping industry.
Splash247 reports on the concerns shipowners have about third-party shipmanagement, particularly the fear of losing control over their fleet. This topic is explored in the latest issue of their magazine, distributed at Posidonia.
JP Morgan has reportedly signed contracts for five new vessels, valued at over $660 million, at Samsung Heavy Industries, as reported by Splash247. This move marks a continuation of the company's aggressive expansion in the shipping sector.
BW LPG has signed a $940 million contract with HD Hyundai Heavy Industries to build eight new panamax vessels, as reported by Splash247. The vessels, with a cargo capacity of 90,000 cubic meters, mark the company's return to the newbuilding market.
gCaptain
Bruce Kimbrell discusses the proposal for establishing the Donald J. Trump Maritime Prosperity Zone in Alaska, as reported by gCaptain. This initiative is part of a broader maritime and industrial strategy linked to the White House’s Maritime Action Plan.
gCaptain
U.S. forces disabled a commercial vessel in the Gulf of Oman after it allegedly ignored warnings and headed toward an Iranian port, as reported by gCaptain. This incident underscores the ongoing U.S. blockade despite peace talks.
gCaptain
China's military and coast guard conducted patrols near the Scarborough Shoal in the South China Sea, following a warning from the Philippines about potential threats, as reported by gCaptain. The area remains a point of contention between the two nations.
