Latest Maritime News

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Splash247
fleet May 27, 2026

CMB.TECH Boosts Stake in TFG Marine to 15%

Belgian shipowner CMB.TECH has increased its equity stake in TFG Marine from 10% to 15% through a new share issuance, as reported by Splash247. The revised shareholder arrangements, effective from June 1, also include a commitment by CMB.TECH to source its bunker fuel requirements through the company.

Splash247
fleet May 27, 2026

Bulk Carriers Set for Conversion Amid Container Market Boom

The robust container market is leading shipowners to consider converting at least two supramax bulk carriers into container vessels, as reported by Alphaliner. These Diamond 53 type open-hatch supramaxes, primarily constructed around 2005, are targeted for transformation to accommodate approximately 2,500 teu, according to Splash247.

Splash247
ports May 27, 2026

Chile Greenlights $4.45bn San Antonio Port Expansion

Chile has approved the $4.45 billion expansion of the Port of San Antonio, marking the largest port infrastructure project in the nation's history, as reported by Splash247. The Valparaíso regional environmental commission gave unanimous approval to the project's environmental qualification resolution, paving the way for a new gateway for South American container trade.

San Antonio (CL)
Splash247
security May 27, 2026

Explosion Damages VLCC Olympic Life Off Oman

Splash247 reports that the VLCC Olympic Life, linked to Greek tanker operator Olympic Shipping & Management, sustained damage following an external explosion off the coast of Oman. The UK Maritime Trade Operations (UKMTO) agency confirmed the incident, which heightens security concerns in the Strait of Hormuz.

Olympic Life (tanker)
Splash247
security May 27, 2026

IMO Warns of Somali Piracy Resurgence

The International Maritime Organization has raised concerns about the return of Somali piracy, as reported by Splash247. A series of vessel hijackings in the Gulf of Aden and the western Indian Ocean has resulted in numerous seafarers being held hostage.

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