Stay informed with real-time maritime industry updates
Seatrade Maritime
Diana Shipping has increased its all-cash offer for Genco Shipping & Trading to $24.80 per share, following months of defending its previous offer of $23.50, as reported by Seatrade Maritime.
Seatrade Maritime
Jumbo has placed an order for a pair of new-class heavy lift vessels at the Dajin shipyard in China, as reported by Seatrade Maritime. This move is part of Jumbo's strategy to ensure the continual evolution of its fleet.
Seatrade Maritime
Seatrade Maritime reports on the latest weekly time charter rates for tanker and dry bulk vessels. The update provides insights into the current market trends as of May 27.
Seatrade Maritime
Seatrade Maritime reports that recent US and Israeli attacks on Iran are likely to have lasting effects on the shipping industry in the second half of the year. Even with a potential peace deal, these events have accelerated changes in the global economy.
Seatrade Maritime
The Union of Greek Shipowners has released its 2025/26 annual report, highlighting continued growth in the Greek fleet, as reported by Seatrade Maritime. The report also outlines regulatory priorities for the coming year.
gCaptain
gCaptain reports that Abu Dhabi National Oil Co. has successfully exported another shipment of liquefied natural gas through the Strait of Hormuz to India. This marks a continuation of increased energy flows through the strategic maritime passage.
gCaptain
South Korea's Foreign Ministry has indicated that a cargo ship operated by HMM was likely attacked by an Iranian anti-ship missile in the Strait of Hormuz earlier this month, as reported by gCaptain.
Seatrade Maritime
The closure of the Strait of Hormuz has prompted Anglo-Eastern to provide support to vessels, seafarers, and owners through its Global Security Desk, as reported by Seatrade Maritime. The ship manager is assessing risks daily to ensure the safety of stranded ships and their crews.
Seatrade Maritime
MarineSolar has successfully completed pilot trials of its deck-mounted solar energy system on the Newcastlemax bulk carrier, RTM Cook, owned by Rio Tinto, as reported by Seatrade Maritime. The trials mark a significant step in integrating renewable energy solutions into maritime operations.
Offshore Energy
The closure of the Strait of Hormuz could lead to a significant energy supply shock, potentially driving oil prices up to $200 per barrel, as reported by Offshore Energy. Wood Mackenzie highlights that this closure affects over 80 million tonnes per annum of LNG supply, representing about 20% of global supply, and curtails over 11 million barrels per day of Gulf crude and condensate.
