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Wallenius Wilhelmsen Secures $100M Auto Logistics Deal

From www.maritimebell.com

Wallenius Wilhelmsen, listed on the Oslo Stock Exchange, has signed a renewed logistics agreement with a key automotive OEM partner it has worked with for many years.

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Vard delivers two vessels with cybersecurity notations

From www.ship-technology.com

Fincantieri Group subsidiary, Vard, has delivered two vessels that are claimed to be the “world's first” with cybersecurity notations.
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Maritime in Minutes - May 2025 in review

From www.seatrade-maritime.com

Seatrade Maritime News’ Marcus Hand and Gary Howard reflect on the month of May, with their highlights from the news in maritime and shipping, from the biggest stories to those that simply piqued their interest.

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In Memoriam: Industry Remembers Jim Lawrence

From maritime-executive.com

One of the stalwarts of the modern shipping industry and known to all as a statesman who brought the industry together, Jim Lawrence passed away on June 1.

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Panama Responds to Critics Highlighting Canceling Flag for Over 650 Vessels

From maritime-executive.com

The government of Panama issued a statement rejecting the claims of critics that its flag registry has failed to take sufficient action to stop vessels supporting the Iranian oil trade by citing its removal of vessels from the registry. 

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Report India’s Adani Group Under Investigation for Violating Iran Sanctions

From maritime-executive.com

India’s Adani Group, which is one of the largest conglomerates and well-known for its port operations, is reportedly under investigation for possible violations of the U.S. sanctions on the Iranian energy industry. 

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Baltic Index At Two-Month Peak On Higher Capesize Rates

From www.hellenicshippingnews.com

Baltic Index At Two-Month Peak On Higher Capesize Rates.

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India to revamp maritime rules for emission goals; shipping costs to rise 

From www.hellenicshippingnews.com

The Indian government is drafting new rules to align the maritime sector with the International Maritime Organisation’s (IMO) upcoming emission regulations, Mint reported on Saturday. The move is part of a broader effort to support India’s maritime development and green transition goals.

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Mexico starts new ethane terminal, fuelling growth in trade and shipping 

From www.hellenicshippingnews.com

Braskem-Idesa launched its ethane import terminal in Coatzacoalcos, Mexico, adding another demand centre for ethane seaborne trade, which reached 9 million tonnes in 2024.

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Video CMA CGM Feeder Collides with Barge Causing Two People to Go Overboard

From maritime-executive.com

Dutch and Belgian rescue teams responded to a serious collision on the River Scheldt which seriously injured one person and caused two others to fall overboard as a CMA CGM-operated container feeder and an inland fuel barge collided.

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Singapore - France Plan Maritime Pilot Projects Under Enhanced Partnership

From maritime-executive.com

Highlighting their shared commitment to advancing sustainability, innovation, and secure maritime solutions, the governments of Singapore and France announced an enhanced maritime partnership agreement.

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Greek Ferry Rescues 75 People from Sailboat in Distress

From maritime-executive.com

A Greek ferry diverted Sunday, June 1, from its normal course responding to a distress call. 

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Marubeni Announces Stake in Gearbulk Ending Jebsen’s Family 57-Year Role

From maritime-executive.com

Norwegian shipowner Kristian Jebsen and his family have reached an agreement with will complete their exit from Gearbulk, a company they founded about six decades ago and emerged as a leader in the open hatch segment.

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UK Pledges to Double Nuclear Attack Submarine Force

From maritime-executive.com

A Strategic Defence Review (SDR) commissioned by the British government and to be published on June 2 has set a course for a doubling of the United Kingdom’s nuclear attack submarine force.

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WinGD extends after-sales support into lifetime engine service

From www.seatrade-maritime.com

Marine engine major, WinGD, has revealed a new strategy to extend the services normally provided during an engine warranty period to full lifetime support.

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OPEC+ production increase a boost for the tanker market

From www.seatrade-maritime.com

Tanker owners will welcome this weekend’s decision by members of the OPEC+ cartel to up July production by more than 400,000 barrels per day.

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MR2 tankers lead secondhand sales

From splash247.com

A flurry of secondhand tanker sales has emerged across various size segments this week, with MR2 units drawing the most buyer interest in the wet trades.

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Port of Corpus Christi celebrates completion of $625m channel deepening project

From splash247.com

Texas’s Port of Corpus Christi has celebrated a transformative moment in US maritime infrastructure with the near-completion of its channel improvement project (CIP), a decades-in-the-making initiative that deepens the ship channel to 54 feet (16.46m) mean lower low water (MLLW) and significantly enhances the nation’s energy export gateway. 

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Can global legislation keep up with the ships of the future?

From splash247.com

In the second instalment from Ship Concept 2035, our brand new magazine, Splash identifies where regulators are enforcing change and where they are not.

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Diana Shipping fixes out newcastlemax to Bohai Ocean Shipping

From splash247.com

Greek bulker owner Diana Shipping has entered into a time charter contract with Bohai Ocean Shipping for one of its newcastlemax vessels. 

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Union Maritime launches financing scheme to spur wind propulsion use

From splash247.com

UK shipowner Union Maritime has launched a new lease financing programme, which will help accelerate the adoption of wind-assisted propulsion systems in the maritime sector. 

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Solvang and BlackRock’s GIP form liquefied gas shipping firm

From splash247.com

Norwegian gas shipowner Solvang and BlackRock’s Global Infrastructure Partners (GIP) have established a liquefied gas shipping joint venture. 

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LNG shipping heats up as Europe turns to West, but at what cost? 

From www.hellenicshippingnews.com

As Europe envisages shunning Russian gas and LNG by 2027, changes in trade patterns and strategies are likely to unfold. 

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HSFO softens in selling flurry

From www.hellenicshippingnews.com

Asia’s high sulphur fuel oil (HSFO) market softened at the start of the new month amid a selling flurry. A flotilla of spot offers emerged for HSFO on Monday, with several trades surfacing for 380-cst HSFO.

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Turkey’s First FPSO Arrives in the Black Sea

From maritime-executive.com

Turkey’s first floating production, storage, and offloading (FPSO) vessel, Osman Gazi, arrived in the Black Sea over the weekend, where its 20-year contract for gas production is expected to start next year.

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