1. Better safeguarding measures are needed to support Cadets at Sea. Cadets are increasingly struggling to complete their cadetships due to a shortage of available placements onboard.
In some instances, this scarcity has reportedly led to situations where individuals in positions of influence have taken advantage of cadets seeking essential sea time.
https://cyprusshippingnews.com/2025/05/08/better-safeguarding-measures-are-needed-to-support-cadets-at-sea/
2. Nor-Shipping 2025 thought leader interview – Rolf Thore Roppestad, CEO, Gard. Gard CEO Rolf Thore Roppestad outlines how the marine insurer is stepping beyond its traditional role to become a valued partner in safety, wellbeing and loss prevention. With ‘Safer with Gard’ as a central pillar of its 2030 strategy, the mutual is using data, technology and targeted partnerships to support seafarers, strengthen safety culture and deliver actionable, real-world insight to its customers.
https://cyprusshippingnews.com/2025/05/08/nor-shipping-2025-thought-leader-interview-rolf-thore-roppestad-ceo-gard/
3. Trafigura raises a record USD390 million in the US Private Placement market. Trafigura Group Pte Ltd. (“Trafigura” or “the Group”), a global leader in the commodities industry, today announced the successful pricing of a new US Private Placement (“USPP”) transaction. The placement raised a record USD390 million of financing across four tenors, including for the first time a twelve-year tranche.
https://cyprusshippingnews.com/2025/05/08/trafigura-raises-a-record-usd390-million-in-the-us-private-placement-market/
4. Jafza turns 40 with record $190BN in trade. DP World’s flagship free zone proves the resilience of its integrated port+ free zone model, weathering four decades of global disruption and attracting billions in investment
Jebel Ali Free Zone (Jafza) has marked its 40th anniversary with record-breaking trade volumes of $190 billion over the last 12 months – a 15% year-on-year increase and its highest ever contribution to Dubai’s economy.
https://cyprusshippingnews.com/2025/05/08/jafza-turns-40-with-record-190bn-in-trade/
5. Boxships back up across Northern Europe. Ports across Northern Europe are dealing with what broker Braemar describes as “serious congestion” right now. In Antwerp, Braemar reported yesterday the yard is already at 96% capacity, and reefer plugs are overloaded at 112%. Nearly half the arriving ships are waiting for a berth, and there are 52 more containerships on the way.
https://splash247.com/boxships-back-up-across-northern-europe/
6. How rising demand for electric vehicles is changing the face of dry bulk. All week, Splash will be bringing readers reports from Geneva Dry, the world’s premier commodities shipping conference, which took place on April 28 and 29 with more than 820 delegates in attendance.Today’s panel in focus features a brand new slot: EVs And The Supercharging Of Dry Bulk.
https://splash247.com/how-rising-demand-for-electric-vehicles-is-changing-the-face-of-dry-bulk/
7. Report: U.S. Aircraft Carrier Loses Second F/A-18 Super Hornet in Red Sea Amid Ceasefire Announcement. A second F/A-18 Super Hornet fighter jet from the USS Harry S. Truman aircraft carrier has been lost in the Red Sea, following an arrestment failure during landing, CNN and other media organizations have reported.
https://gcaptain.com/report-u-s-aircraft-carrier-loses-second-f-a-18-super-hornet-in-red-sea-amid-ceasefire-announcement/
8. Trump Announces Deal to Stop Bombing Houthis. President Donald Trump announced on Tuesday the U.S. will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop interrupting important shipping lanes in the Middle East.
https://gcaptain.com/trump-announces-deal-to-stop-bombing-houthis/
9. ‘Profoundly Concerned’: NTSB Chair Calls Out Training Gaps in Shipboard Firefighting. Training failures which contributed to the deaths of two firefighters on a RoRo ship at Port Newark in July 2023 are part of a broader nationwide shortfall in shipboard firefighter training, according to the chairman of the National Transportation Safety Board, Jennifer L. Homendy.
https://gcaptain.com/profoundly-concerned-ntsb-chair-calls-out-training-gaps-in-shipboard-firefighting/
10. U.S. Carrier Matson Warns of Challenging Trade Environment Ahead. Matson’s stock falls 15% after the company reported Transpacific container volumes falling 30% since April in response to tariffs.Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, reported significant year-over-year growth in its first quarter 2025 results, with net income doubling to $72.3 million compared to $36.1 million in the same period last year.
https://gcaptain.com/u-s-carrier-matson-warns-of-challenging-trade-environment-ahead/