Latest updates, trends, and insights from the maritime world.

Geneva Dry hits its stride as deals flow and debate crackles on opening day

The third edition of Geneva Dry, the world’s premier commodities shipping conference, has opened in style, with a packed first day of dealmaking, debate and networking that underlined the Swiss city’s status as a hub for the dry bulk and commodities shipping world. Delegates flooded the conference floor from the opening bell, with shipbrokers, owners, …

How the Hormuz crisis is rewriting container shipping

With 43 top-line vessels trapped, war-risk premiums at twenty times pre-conflict levels the industry is no longer waiting for the strait to reopen. The post How the Hormuz crisis is rewriting container shipping appeared first on Container News.

Tanker approached by pirates off Somalia

The suspicious approach to the tanker in the Indian Ocean comes as there are signs of a resurgence of Somali piracy

Smart Ship Hub: Digitalisation now a necessity, not a choice

The maritime sector has spent years talking about digitalisation, but progress remains uneven. For Smart Ship Hub, the pitch is straightforward: bring everything into one place and make the data usable. Joy Basu, the company’s chief executive, frames it as a shift away from fragmented systems toward a single operational layer. “Smart Ship Hub (SSH), …

Dee4 doubles down on ultramax play

Dee4 Capital Partners Fund II has snapped up a second ultramax, continuing its well-timed push into high-quality Japanese-built tonnage. The fund has acquired the 60,500 dwt Only You, a 2017-built unit from Sanoyas, for just under $29m. The vessel has been renamed Dee4 Pine. The ship was sold by another financial player, Alpha Omega. The …

ADNOC L&S takes delivery of sixth LNG carrier to expand global fleet

ADNOC Logistics & Services has taken delivery of its sixth next-generation LNG carrier. The vessel strengthens the company’s global energy transport capacity. The ship has a capacity of 175,000 cubic metres. Jiangnan Shipyard in China built the vessel. It is part of a $1.2 billion fleet expansion programme launched in 2022. Each cargo can deliver […] The post ADNOC L&S takes delivery of sixth LNG carrier to expand global fleet appeared first on Container News.

Cosco Shipping Energy Transportation Q1 profits up 207%

Chinese shipowner benefits from booming rates for crude oil tankers in the first quarter of the year

HJSC secures additional order for two 10,100 TEU container ships

HJ Shipbuilding & Construction (HJSC) has secured a new order for two 10,100 TEU container vessels from a European shipowner. The contract is valued at KRW 357.2 billion and follows an earlier agreement signed in February. The latest deal brings the total order to four vessels of the same class. The ships will be built […] The post HJSC secures additional order for two 10,100 TEU container ships appeared first on Container News.

Cruise Ship Passenger Dies in Fall Near Catalina Island

Six States Criticize China for Detaining Panama-Flagged Ships

US-Led Bloc Condemns China Pressure on Panama-Flagged Ships

Secretary of State Marco Rubio on Monday released a joint statement with five Latin American and Caribbean governments backing Panama’s sovereignty and condemning pressure tied to recent actions against Panama-flagged vessels, escalating...

India Reveals Unreported Incident of Iran Firing Warning Shots at Tanker

Major Scrap Metal Fire Breaks Out Aboard Bulker at Port of Newport

U.S. Forces Search and Release Containership Suspected of Violating Blockade on Iran

U.S. forces boarded a commercial vessel in the Arabian Sea on Monday as Washington stepped up enforcement of its blockade on Iranian ports, with U.S. Central Command saying 39 vessels have now been redirected since the operation began.

Everllence Warns of 50GW Gap in Meeting IMO’s GHG Strategy Goals

South Korea Extends Antitrust Restrictions on Hanwha from DSME Acquisition

Security Council Demands Freedom of Navigation in Hormuz as Shipping Risks Mount

The United Nations Security Council heard urgent calls Monday to restore freedom of navigation through the Strait of Hormuz, as world leaders warned disruptions in one of the world’s most critical maritime chokepoints...

DP World Joins Clean Seas Initiative to Cut Maritime Plastic Waste