While the blockade of the Strait of Hormuz is ongoing, vociferous dialoguing continues to surround the recently extended waiver of theย Jones Actย to reduce energy supply chain disruption caused by the war in Iran.
Shipping under fire in the Strait of Hormuz, the impact of tanker rates and the global economy, and Somali piracy making an unwelcome comeback. A round-up of the top maritime and shipping stories in February on the Seatrade Maritime Podcast.
From www.bbc.com
Axios reported that US Central Command has prepared a plan for a wave of "short and powerful" strikes on Iran.
Indiaโs Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, mapped out an ambitious plan to rapidly expand the countryโs domestic maritime capabilities.ย
Iranian officials are reporting that the U.S. released six crewmembers from one of the vessels that had been boarded and commandeered since the start of the blockade on Iran.ย
The Coast Guard reports that after a diligent search failed to find any additional information, it has suspended its search for the missing crew members of the cargo vessel Mariana.ย
Edda Wind, which had been launched as an early service provider dedicated to the emerging offshore wind sector, has officially wound down its operations, completing the sale of 10 ships and ships under construction to North Star and Norwind Offshore.ย
Following pressure from the White House, the U.S. House of Representatives has passed a Senate compromise bill to fund most of the Department of Homeland Security, excluding Immigration and Customs Enforcement (ICE) and the Border Patrol.
The state of Maryland has decided to change contractors for the reconstruction of the Francis Scott Key Bridge, which was destroyed by a ship strike in March 2024.
U.S. officials have confirmed that a fire seriously damaged a guided missile destroyer operating in the Indo-Pacific Command area of operations.
Fourteen months after the containershipย MSC Baltic IIIย blacked out and washed ashore in a remote part of Newfoundland, Canada, MSC Mediterranean Shipping Company has awarded a contract for the removal of the wreck.
From splash247.com
Seven days ago, New York-listed dry bulk owner Genco Shipping & Trading revealed it was adding a modern capesize to its fleet. The company has agreed to acquire a 2019 Imabari-built, 182,000 dwt scrubber-fitted vessel, with delivery expected in June 2026.
From splash247.com
Denmarkโs maritime sector is widely respected for its technical strength, talent and early-stage support, but a new report from Studio 30 50, developed in partnership with Danish Entrepreneurs, argues that the countryโs biggest innovation challenge is not a lack of ideas.
From splash247.com
BIMCO has introduced a new standard contract aimed at the fast-developing market for shipping liquefied carbon dioxide, as carbon capture projects begin to move from concept to execution.
From splash247.com
UK-based shipbroking house Clarksons is expanding its presence along South Americaโs Pacific coast with the acquisition of the broking business of Serpac International.
From www.world-grain.com
Adjusted net earnings climb 47% in first quarter
From www.world-grain.com
Served as NAMA chairman during tumultuous period
From www.world-grain.com
Company boasts strong operational performance, but revenue drops slightly
From www.world-grain.com
Preparing for move to new Global Center for Grain and Food Innovation this fall
From www.world-grain.com
Role in food security, economy emphasized during annual stakeholder gathering
From www.linkedin.com
Every vessel at sea depends on fuel refined through a precise process known as Fractional Distillation. For marine engineers and operators, understanding this process is essential to managing performance, safety, and compliance.
Increasing renewable curtailment points to challenges in integrating clean energy into the countryโs grid.
Ukrainian authorities identified the vessel as Panormitis, sailing under a Panamanian flag and heading to Haifa.
From thedigitalship.com
Shipowners are being drawn into a new phase of digital operations as Orca AI and Samsung Heavy Industries combine onboard systems with fleet data. The agreement extends beyond newbuilds, reaching existing fleets and day-to-day navigation decisions.
From thedigitalship.com
NYKโs autonomous-capable car carrier has completed live trials in Singapore that go beyond vessel technology. The exercise shows how ship systems, port platforms and shore teams must work together before autonomy can function in real operations.
