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Explore the latest news across the maritime industry — from dry bulk to tankers, regulations, technology, finance, and more. Updated daily from trusted sources and summarized for professionals like you.
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Shipping Finance

Seatrium secures $400 million sustainability-linked credit f...

16 Jul, 2025
Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB). Illustration; Archive. Courtesy of Seatrium Seatr...
Shipping News

Frontex Patrol Boat Sinks Off Lesvos During Rescue Mission

16 Jul, 2025
Image Credits: HCG A European Union border patrol vessel sank off the coast of Lesvos, Greece, on July 14, after striking a rocky shoal during a migrant rescue operation, Greek authorities confirmed. The Portuguese-flagged vessel, operated ...
Shipping Finance

MODEC gives FPSO decarbonization a leg up with solid oxide f...

16 Jul, 2025
As part of its toolbox of initiatives aimed at curbing the carbon footprint from its floating production, storage, and offloading (FPSO) fleet, Japan’s MODEC has tasked Eld Energy, a Norwegian fuel cell system company, with the design and m...
Shipping News

Houthis Use UN-Funded Oil Tanker To Store & Sell Fuel, ...

16 Jul, 2025
Image for representation purposes only A massive oil tanker bought by the United Nations for $55 million to prevent an environmental disaster is now being used by the Houthis in Yemen to store and transfer Russian oil. The vessel, VLCC Yeme...
Shipping Finance

Sumitomo’s UK-produced subsea cables to link Kent and ...

16 Jul, 2025
The UK National Grid has selected Sumitomo Electric Industries as the preferred bidder to supply and install 138 kilometers of subsea cable for Sea Link, a new high-voltage direct current (HVDC) electricity connection between Kent and Suffo...
Shipping News

ITS Begins $365 Million Terminal Expansion At Port of Long B...

16 Jul, 2025
Image Credits: Port of Long Beach/Facebook International Transportation Service (ITS) has officially launched a major expansion project at the Port of Long Beach to increase cargo-handling efficiency and create more terminal space. The $365...
Tankers, LNG & LPG

Freight Market Report 16/07-2025 Presented By IC Shipbrokers...

16 Jul, 2025
IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight in today’s freight market and an update with the latest freight market indications. The market was today with a new situation in parts of th...
Freight & Commodities

Wheat inches higher after cut to Russian supply estimate

16 Jul, 2025
Chicago wheat futures rose on Wednesday after a Russian consultancy reduced its production estimate for the world’s top exporter of the grain, but prices remain near five-year lows amid ample supply and sluggish demand. Corn futures climbed...
Shipping Finance

MMA Offshore no longer, rebrands to Cyan Renewables

16 Jul, 2025
Australian offshore vessel player MMA Offshore has officially rebranded to Cyan Renewables, following the acquisition by the Singapore-headquartered company last summer. To remind, Cyan Renewables, a portfolio company of Seraya Partners, cl...