Latest Maritime News

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Splash247
security May 22, 2026

Merchant Ship Faces Perils in Gulf War Zone

Captain Mohit Kohli shared his harrowing experience navigating the Strait of Hormuz amidst missiles and drones, as reported by Splash247. The commercial shipping sector found itself unprepared for the conflict zone challenges, highlighting the dangers mariners face beyond typical maritime threats.

Splash247
fleet May 22, 2026

Economou Sells Cape Venture I Amid Strong Market

Greek shipping magnate George Economou has re-entered the sale and purchase market by selling the 2006-built vessel Venture I, now renamed Cape Shanghai, as reported by Splash247. The ship, built by Shanghai Waigaoqiao, is now registered with Talent Shipping, although the sale price remains undisclosed.

Venture I (bulk) Cape Shanghai (bulk)
gCaptain
regulations May 21, 2026

Iran and Oman Consider Strait of Hormuz Toll System

gCaptain reports that Iran and Oman are in discussions to establish a permanent toll system for maritime traffic through the Strait of Hormuz. This move aims to formalize Iran's control over the crucial waterway, despite warnings from U.S. Senator Marco Rubio that such a regime should not be implemented.

Splash247
fleet May 21, 2026

Ciner Group Invests in Ammonia Carriers with $715m Order

Turkish conglomerate Ciner Group has been linked to a significant newbuilding investment, with HD Hyundai announcing an order for very large ammonia carriers valued at approximately $715 million, as reported by Splash247. The contract involves the construction of six dual-fuel VLAC/LPG carriers awarded by a European shipowner.

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