GNV schedules 5 weekly ferry rotations for Almería-Nador OPE 2026; AML Stena eyes competitive return
GNV to operate 5 weekly ferry rotations between Almería and Nador from 28 June to 14 Sept 2026 for OPE. AML Stena eyes competitive return after 2017 service, pending license changes.
Hafnia Declares $0.1762 per Share Dividend for Q4 2025
Hafnia Limited announces $0.1762 per share dividend for Q4 2025, with ex-dividend dates on Oslo Stock Exchange and NYSE in March 2026, highlighting financial strength in tanker shipping.
Marine Insurance Paralyses Hormuz Strait: Traffic Plummets 80% as Premiums Quadruple
Traffic through Strait of Hormuz drops 80% in 24 hours after insurers cancel war risk cover. Premiums surge from 0.2% to 1% of vessel value, disrupting global shipping.
Middle East Crisis Spurs LNG Ship Demand, Boosting Korean Shipyards
Middle East crisis could boost LNG carrier orders for secure energy transport, benefiting South Korean shipyards like Hyundai and Samsung. Tensions highlight shipping volatility.
Iran Conflict Forces CSCOs to Redirect 20% of Global Maritime Traffic
Hostilities in Iran compel CSCOs to reroute 20% of maritime traffic, with freight costs rising 10-30% and insurance premiums up to 50% due to high-risk zones.
d’Amico Locks in $40k+ Time Charters as Product Tanker Market Booms
d’Amico Tankers secures time charters above $40,000 daily in 2024, boosting fixed income amid strong product tanker market driven by geopolitical shifts and high demand.
Armas Covers DFDS Ferry Gap with 5 Daily Algeciras-Ceuta Sailings
DFDS suspends Algeciras-Ceuta ferry until 20 March for fast ferry maintenance. Armas Trasmediterránea covers with 5 daily sailings using ‘Agaete’. CNMC reviews DFDS’s Armas acquisition.
Flexport deploys agentic AI to automate maritime customs refunds
Flexport’s agentic AI automates customs refund audits for maritime clients, reducing manual work and improving compliance efficiency in global logistics.
Drass delivers two autonomous SDVs to Indonesia for naval modernisation
Italian firm Drass delivers two autonomous SDVs to Indonesian Navy, enhancing special forces with advanced tech and operator training.
EU’s 20th Sanctions Package Blocked, Russia Keeps Maritime Services
Hungary blocks EU’s 20th sanctions package, preventing a ban on maritime services for Russian crude. Russia retains partial Western insurance and classification access, complicating compliance.