The Sustainable Shipping Initiative (SSI) has released the first integrated, industry-wide mapping of crew welfare, wellbeing and safety data in shipping, funded by the Lloyd’s Register Foundation.
Ships fired on in Strait of Hormuz, Zim surprise bidder, soaring tanker prices, and other top maritime news for the first week of May
From breakbulk.news
Rising #diesel prices from the #StraitOfHormuz crisis are accelerating #China's shift to #ElectricTrucks, with Q1 sales up 45%.
From splash247.com
With the Hormuz crisis into its third month, terminal operator DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses navigate disruption across Middle East trade routes.
The Baltic Exchange's dry bulk freight index advanced for a fifth session om Thursday, rising about 1.3% to its highest since December 2023 at 3,034 points, amid higher demand across all vessel segments.
Amidst an ongoing ceasefire and active negotiations towards a peace deal, the U.S. has bombed the island of Qeshm and port of Bandar Abbas, officials have confirmed to Fox News.
Geopolitical risk has failed to dampen the appetite for VLCC tonnage with five-year old secondhand prices exceeding those for a newbuild according to Signal Ocean.
AP Moller Maersk reported an EBIT loss of $192 million in Q1 2026 for its ocean business, or container shipping, driven by continued market pressure on freight rates.
From splash247.com
New York-listed dry bulk owner Genco Shipping & Trading has stepped up its defence against rival Diana Shipping, urging shareholders to back its existing board as the takeover battle between the two US-listed companies intensifies ahead of next month’s annual meeting.
From splash247.com
London-based Zodiac Maritime is making a major move into the gas carrier sector, ordering a series of very large ammonia carriers in South Korea as the company expands beyond its recent tanker and containership buying spree.
From splash247.com
The Sustainable Shipping Initiative (SSI) has released the first integrated, industry-wide mapping of crew welfare, wellbeing and safety data in shipping, funded by the Lloyd’s Register Foundation.
Families of the lost crewmembers of the cargo ship Mariana have confirmed the identity of the sole body that divers recovered from the vessel's upturned hull.
Tunisian salvors have refloated the drill rig Ocean Valiant, which drifted aground in the Bizerte region last year.
The U.S. Coast Guard has awarded a $400 million contract to Whiting Turner Contracting Co. for a comprehensive upgrade to the training facilities at Cape May, New Jersey, the service's sole accession center for newly-enlisted coastguardsmen.
For several months now, the sole Russian warship in the Mediterranean has been the Steregushchiy Class corvette RFS Stoykiy (F545), last identified docked in Tartus in April.
One of what appear to have been several pirate action groups on the prowl in recent days in the Gulf of Aden has reportedly abandoned their efforts.
More than two years after the containership Dali hit Baltimore’s Francis Scott Key Bridge, destroying the roadway, killing six people, and causing massive economic damage to the region, the trial is due to begin in less than a month.
From splash247.com
The Trump administration has launched a formal initiative to develop small modular reactors (SMRs) for commercial shipping, instructing the Maritime Administration to canvass industry and innovators on how nuclear propulsion could be deployed across American fleets at scale.
From splash247.com
China’s Sinopec Clean Energy has ordered a dedicated LNG bunkering vessel at a domestic yard, joining other owners in the segment that has seen rapid growth in newbuilding activity over the past year.
The UK’s Marine Accident Investigation Branch (MAIB) is highlighting the dangers of using substandard components in the engines of vessels in its latest accident report.
From www.world-grain.com
Farmers say Drought Monitor belies growing dryness
From www.world-grain.com
Tashkent, Uzbekistan, to host two-day milling industry event
From www.world-grain.com
Three to join company ahead of Blue Mountain Mill opening
From www.world-grain.com
Stafford also promoted to compliance officer
This geopolitical volatility overshadows concerns about suspicious trading activity linked to policy announcements, impacting global energy supplies and inflation.
