Stay informed with real-time maritime industry updates
Seatrade Maritime
Seatrade Maritime reports that TT Club, a London-based insurer, has expanded its marine war risks buyback cover to include intermodal connections on land in the Middle East. This extension aims to enhance protection for containers in the region.
Offshore Energy
Ulstein, the Norwegian shipbuilder, has held a naming ceremony for the new 155-meter-long cable-laying vessel Nexans Electra, as reported by Offshore Energy. The event featured three godmothers, marking a significant milestone for the vessel.
Seatrade Maritime
CMT has confirmed contracts for two new bulk carriers at Beihai Shipbuilding, following a letter of intent signed in the latter half of 2025, as reported by Seatrade Maritime. These agreements mark a significant step in CMT's fleet expansion strategy.
Splash247
Splash247 reports that the 84th session of the Marine Environment Protection Committee in London is experiencing familiar procedural delays, with contentious decisions being postponed to the final hours. Sources close to the negotiations warn that this tactic leaves little time for meaningful resolutions.
Splash247
The third edition of Geneva Dry, the leading commodities shipping conference, opened in Geneva with a bustling first day of dealmaking and discussions, highlighting the city's pivotal role in the dry bulk and commodities shipping sector, as reported by Splash247.
Seatrade Maritime
Seatrade Maritime reports that a tanker was approached by pirates in the Indian Ocean near Somalia, indicating a potential resurgence of Somali piracy. The incident highlights ongoing security challenges in the region.
Splash247
Smart Ship Hub is advocating for a unified digital approach in the maritime industry, emphasizing the need to consolidate fragmented systems into a single operational layer. Joy Basu, the CEO of Smart Ship Hub, highlights this as a necessary shift, as reported by Splash247.
Splash247
Dee4 Capital Partners Fund II has acquired the 60,500 dwt ultramax vessel Only You, now renamed Dee4 Pine, for just under $29 million, as reported by Splash247. The 2017-built ship was purchased from Alpha Omega, marking Dee4's continued investment in Japanese-built tonnage.
Splash247
South Korea has launched a national strategy to integrate its shipbuilding and shipping industries, as reported by Splash247. The initiative, announced in Seoul, aims to leverage the combined strengths of these sectors.
Splash247
Swiss commodities trader Mercuria is enhancing its shipownership by ordering four kamsarmax bulk carriers at Wuhu Shipyard, as reported by Splash247. These 82,000 dwt vessels will integrate into Mercuria's global logistics system, marking a shift from chartered tonnage to a more asset-backed shipping model.
