Maritime News
Latest shipping industry updates, IMO regulations, and seafarer news — updated daily.
Japanese-built ultramax values jump
All eyes were on the Baltic Dry Index last week as it breached the 3,000-point barrier, its highest level in years, help…
11 May 2026
Awilco LNG changes course with CEO exit and board revamp
Norwegian gas carrier owner Awilco LNG is entering a new chapter after long-serving chief executive Jon Skule Storheill …
11 May 2026
The seafarer shortage is not what shipping thinks it is
Kuba Szymanski, secretary-general of InterManager, writes for Splash today. Amid growing concern about a global seafarer…
11 May 2026
PV Drilling wins jackup deal from Zarubezhneft
Petrovietnam Drilling and Well Service Corporation (PV Drilling) has signed a contract with the Russian state-owned oil …
11 May 2026
Odfjell Technology bags UK platform drilling contract
Odfjell Technology, a spin-off of Odfjell Drilling that specialises in offshore operations, has signed a contract with o…
11 May 2026
Fugro scores more work on 4.1GW Scottish offshore wind development
Dutch surveyor Fugro has been awarded a geotechnical survey contract by SSE for Berwick Bank B, part of the landmark Ber…
11 May 2026
Lower-income Americans hit hardest by gas price spike, widening inequalities, study finds
Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices sti…
10 May 2026
Trump Says Iran’s Response to U.S. Peace Proposal is Unacceptable
By Nayera Abdallah (Reuters) – President Donald Trump on Sunday rejected Iran’s response to a U.S. proposal for peace ta…
10 May 2026
Tanker Market: The Switch From Clean to Dirty Tankers Is Intensifying
A significant trend is underway in the tanker market, with a switch from clean to dirty tankers underway. In its latest …
10 May 2026
Dry Bulk Shipping: Capesize Market Showing Strenght
Capesize The market strengthened convincingly over the course of the week, with momentum building steadily from an alrea…
10 May 2026
Force Majeure in the Age of Geopolitical Shock and Energy Security
As the Strait of Hormuz enters its eleventh week of effective closure with hundreds of vessels at anchor and roughly one…
10 May 2026
Tanker owners post record earnings as Hormuz disruption forces detours
Product tanker owners are posting record earnings as the closure of the Strait of Hormuz forces long-haul voyages from t…
10 May 2026
VLCC Tanker Market Showing Slight Gains
Clean LR2 The TC1 75kt MEG/Japan index remained flat around the WS550 mark this week. A voyage west also saw the TC20 90…
10 May 2026
Russian-flagged tanker linked to sanctioned LNG loading as shadow fleet expands
A liquefied natural gas (LNG) tanker that recently shifted to a Russian flag appears to be loading fuel from a U.S.-sanc…
10 May 2026
Two months in: What container data tells us about the Hormuz crisis
When the Strait of Hormuz effectively closed to commercial traffic, 53 container vessels belonging to the world’s top sh…
10 May 2026
Clay liquefaction: a sticky risk to bulk cargo safety
In early December 2025, local media and the Malaysian Maritime Enforcement Agency (MMEA) reported on a general cargo shi…
10 May 2026
Abrasive Reality: How Elevated Catfines Can Damage Marine Engines
A common concern of maritime chief engineers, regarding vessel engine damages, is the presence of highly abrasive “catfi…
10 May 2026
Global jet fuel exports fell to seasonal lows in April
Global seaborne jet fuel exports continued to fall month-on-month and reached seasonal lows in April. Energy flows from …
10 May 2026
Indian bio-methanol project targets bunkering demand
Indian conglomerate Thermax plans to develop a bio-methanol production plant at Deendayal Port (Kandla) in Gujarat, Indi…
10 May 2026
Xeneta Schedule Reliability Scorecard: Global schedule reliability rebounded to 36% in March
March marked the first positive trend in schedule reliability since the start of the year, but these developments should…
10 May 2026
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