1. Wallenius Wilhelmsen seals $190m contract renewal
Wallenius Wilhelmsen has secured a contract renewal worth approximately $190m with a long-standing automotive customer. The agreement extends the company’s logistics and shipping services, reinforcing its position in the global vehicle transport market and providing stable revenue visibility for the coming years.
https://splash247.com/wallenius-wilhelmsen-seals-190m-contract-renewal/
2. 3,200 ships caught up in Hormuz paralysis
Around 3,200 vessels are reported to be affected by the escalating disruption in the Strait of Hormuz as tensions linked to the Iran conflict intensify. Shipping traffic has slowed dramatically, with operators reassessing routes and insurers warning that further escalation could trigger major delays across global energy and container supply chains.
https://splash247.com/3200-ships-caught-up-in-hormuz-paralysis/
3. Asia scrambles for LNG as Qatar output halted, India begins gas rationing
Asian energy markets are under pressure after Qatari LNG exports were disrupted, forcing several countries to urgently seek alternative supplies. India has already begun rationing gas to industrial users while buyers across the region compete for spot cargoes amid fears of a prolonged supply shortage.
https://gcaptain.com/asia-scrambles-for-lng-as-qatar-output-halted-india-begins-gas-rationing/
4. Iran conflict sparks container shipping crisis around Hormuz
Container shipping lines are facing growing operational challenges as the Iran conflict threatens safe passage through the Strait of Hormuz. Carriers are reviewing schedules and contingency plans, warning that prolonged instability could disrupt global supply chains and cause significant delays on key Asia–Europe routes.
https://gcaptain.com/iran-conflict-container-shipping-crisis-hormuz/
5. Gulf war risk insurance zone expanded by Lloyd’s
Lloyd’s has expanded the designated war risk insurance area in response to escalating tensions in the Gulf region. The move increases insurance costs for vessels operating near the Strait of Hormuz and reflects mounting concern among insurers about the safety of ships transiting one of the world’s most critical maritime chokepoints.
https://gcaptain.com/gulf-war-risk-insurance-zone-expanded-lloyds/
6. Russian LNG carrier reportedly ablaze off Malta
A Russian LNG carrier, Arctic Metagaz, has reportedly caught fire near Malta, prompting the dispatch of maritime patrol aircraft to monitor the situation. Details remain limited, but authorities are tracking the vessel closely while assessing potential safety and environmental risks in the area.
7. Escalating Israel–Iran conflict threatens Gulf shipping
The rapidly intensifying Israel–Iran conflict is raising serious concerns for commercial shipping across the Gulf. Maritime security analysts warn that the risk of attacks, disruptions, or navigational hazards is increasing, potentially affecting energy exports and shipping operations throughout the region.
https://cyprusshippingnews.com/2026/03/04/escalating-israel-iran-conflict-threatens-gulf-shipping/
8. Pregnancy at sea often brings uncertainty, economics and silence
Women working at sea often face complex challenges when pregnancy occurs during their careers, including financial pressures, contractual uncertainty and limited support structures. Industry observers say the issue remains under-discussed despite the growing number of women entering maritime professions.
9. Shipping companies invited to join NextWave alliance to upskill seafarers
Shipping companies are being invited to participate in the NextWave alliance, an initiative aimed at strengthening training and professional development opportunities for seafarers. The programme focuses on improving digital, technical and leadership skills to help crews adapt to the rapidly changing maritime industry.
10. London P&I Club reports strong 2026 renewals
The London P&I Club has reported positive results for its 2026 renewal season, supported by disciplined underwriting and strong support from its members. The insurer says the outcome reinforces its financial stability while enabling continued investment in risk management and member services.