Stay informed with real-time maritime industry updates
Seatrade Maritime
Evergreen has confirmed an order for 16 container ships at Huangpu-Wenchong Shipbuilding, marking the largest single-type vessel order at the Chinese yards, as reported by Seatrade Maritime.
Splash247
Maersk has reported a loss in its ocean division for the last quarter of 2025, joining Ocean Network Express in facing industry challenges, as reported by Splash247. The Danish shipping company also plans to cut 1,000 jobs this year as part of cost-cutting measures.
Seatrade Maritime
Seatrade Maritime reports that Maersk's container line business experienced an EBIT loss in the fourth quarter of 2025, raising concerns about potential financial difficulties in 2026 due to overcapacity issues. The Danish shipping giant is navigating a challenging market environment as it seeks to stabilize its operations.
Splash247
Peter Georgiopoulos and Leo Vrondissis's United Overseas Group is expanding its operations beyond tankers by acquiring Norvic Shipping's commercial platform and nine Japanese-built bulkers. Splash247 reports that the acquisition involves transferring the entire issued share capital of Norvic Shipping Europe, Norvic Shipping Middle East, and Norvic Shipping Ventures to United Overseas Trading.
Splash247
Harren Group and NSB Group have established a new manning agent, Albireo, in Manila, managing around 800 seafarers across 90 vessels globally, as reported by Splash247. This venture aims to unify crewing processes with a strong operational standard and team spirit.
Splash247
Erin Walton from the West of England P&I Club highlights in Splash247 that the shipping industry's adoption of alternative fuels is advancing more rapidly than the development of liability frameworks to manage associated risks. While significant resources have been allocated to evaluating the technical and commercial aspects of these fuels, the question of liability remains underexplored.
Splash247
Zhonggu Logistics has announced plans to expand its fleet by ordering two post-panamax boxships from China Merchants Jinling Shipyard, as reported by Splash247. The Shanghai-listed company confirmed the deal in a stock exchange filing, stating that it or its subsidiaries will sign a construction contract for two 6,000 teu vessels at Jinling’s Jiangsu yard.
Splash247
Raytheon has been chosen by the US Defense Advanced Research Projects Agency (DARPA) to create a new system to safeguard commercial shipping and naval logistics vessels from maritime threats, as reported by Splash247. The project, under DARPA's Pulling Guard programme, aims to counter risks from unmanned systems.
Seatrade Maritime
Seatrade Maritime reports that German shipowner and ship manager Harran and NSB have formed a new joint venture named Albireo in Manila. This venture will manage 800 seafarers across approximately 90 vessels.
Splash247
Syria's state-owned Syrian Petroleum Company has signed a memorandum of understanding with Chevron and Qatar's Power International Holding to explore and develop its first offshore oil and gas field, as reported by Splash247. This agreement marks Syria's initial formal offshore venture following the ousting of Bashar al-Assad.
