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From splash247.com
Dubai-based Gulf Energy Maritime (GEM) has placed an order for six product tankers in a deal worth about $300m, adding to a fresh round of contracting in the MR segment.
More ships transit the Strait of Hormuz, shipowner fuel fears, and intra-Asia container best performer. Taking a look at the top stories on Seatrade Maritime News over the last week.
Cosco Shipping Lines announced the resumption of new bookings for general cargo containers on Far East–Middle East trade via multi-modal transport solutions.
From www.bbc.co.uk
Forces can now board sanctioned vessels if required, after ministers identified a legal basis in January.
Israel announced on March 26 that it had killed the leader of the Islamic Revolutionary Guard (IRGC) Navy, Rear Admiral Alireza Tangsiri, in a strike on an IRGC Navy leadership meeting being held in Bandar Abbas.
In this episode, we sit down with Ganesh Raj, Global Chief Operating Officer of Marine Services at DP World, to discuss the evolution of the marine services sector and the company's strategic growth through acquisitions.
Hapag-Lloyd became the first of the major carriers to offer a glimpse into the impact the industry faces as the war with Iran continues.
The U.S. Coast Guard is looking to urgently move forward with its planned replacement program for its badly outdated Light Icebreaker class that dates to the 1960s.
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced that it will be providing $488.6 million in funding grants designed to restore American maritime dominance and revitalize American ports, shipyards, and maritime capabilities.
The recently designated Chairman and a Commissioner of the Federal Maritime Commission, Laura DiBella, issued a statement regarding China’s current retaliation policies against Panama after the cancellation of CK Hutchison’s concession to operate the port terminals at the Panama Canal.
During a freewheeling cabinet meeting, Donald Trump revealed that the “present” the Iranians had given as a sign of legitimacy in the negotiations was to release oil tankers from the Strait of Hormuz.
The officer piloting a large river cruise ship from Amsterdam and into the Rhine River canal sustained minor injuries as the vessel struck a well-known road bridge spanning the canal. The Dutch authorities were reporting that the ship sustained significant damage and would be unable to continue to sail.
From splash247.com
A fresh pattern has emerged in the opening months of 2026, with several Chinese owners branching into the capesize arena through first-time newcastlemax acquisitions—big-ticket bulker buys likely to trade only for a few years before heading to the breakers.
From splash247.com
Shipbuilding, steel, AI and energy infrastructure will be recognised as critical for UK national security, with new guidance prioritising contracts for British business where necessary to protect national security, according to new guidelines from the Keir Starmer-led government.
From splash247.com
GlobalMET, the international association of maritime education and training providers, has announced the appointment of Jillian Carson-Jackson as its new managing director.
From splash247.com
Dr Hendrik Müller-Lankow, a German lawyer representing Russian and foreign ship operators in litigation before the General Court of the European Union, writes for Splash today.
From splash247.com
Greece’s Maran Gas Maritime has returned to South Korea’s Hanwha Ocean with an order for two new LNG carriers.
From splash247.com
Offshore wind vessel heavyweight Cadeler has raised around $203m in fresh equity as it lines up its next round of fleet expansion.
From www.world-grain.com
Large cushion of global supplies in case of a weather problem
From www.world-grain.com
Analyst says spectrum of potential exists despite challenges
From www.world-grain.com
FAS: Farmers expected to resume shift to other crops as high prices ease
From www.world-grain.com
Recent plan to improve operational efficiency, decision making
This led to selling in global debt markets. European stocks and government bond prices dropped. Germany's central bank head indicated a potential ECB rate hike next month.
Russia Oil Exports: Recent drone attacks by Ukraine have halted 40% of Russia's oil export capacity, impacting major ports and pipelines, amidst soaring oil prices due to ongoing conflicts.
Iran is reviewing a US proposal to end the conflict. This war has impacted energy supplies. Brent and WTI crude futures rose. Optimism for a ceasefire has diminished.
The Ministry of Petroleum and Natural Gas reassures citizens of India's strong fuel supply, confirming 60 days of stock amid misinformation about fuel shortages.
