1. Eurogate upgraded its container terminal yard at Limassol Port. Eurogate Container Terminal Limassol has completed the reorganisation and upgrading of the Container Yard at its container terminal at Limassol Port, increasing the total capacity of the terminal to approximately 12,000 TEUs, thus further improving the terminal’s overall capacity and ability to serve Cypriot trade.
https://cyprusshippingnews.com/2025/04/16/eurogate-upgraded-its-container-terminal-yard-at-limassol-port/
2. Early Bond Repayment by HMM to influence Government ownership amid trade war benefits. Hyundai Merchant Marine (HMM), South Korea’s largest container shipping company, is navigating a complex landscape of geopolitical and financial dynamics as it plans to repay approximately 720 billion won (approximately $496 million) worth of perpetual bonds this month.
https://cyprusshippingnews.com/2025/04/16/early-bond-repayment-by-hmm-to-influence-government-ownership-amid-trade-war-benefits/
3. IMO reaches agreement but more needed to unlock future fuels. The International Maritime Organisation agreed to the sector’s first binding targets to reduce greenhouse gas emissions from ships. The shipping sector is now the first industry with internationally mandated targets to reduce emissions.
https://cyprusshippingnews.com/2025/04/16/imo-reaches-agreement-but-more-needed-to-unlock-future-fuels/
4. Coast Guard Foundation to honour seventh coast guard district at its annual tribute in Florida. The Coast Guard Foundation, a non-profit organization dedicated to supporting Coast Guard members and families, will host its annual Tribute to the Seventh Coast Guard District on April 11, 2025, at the Margaritaville Hollywood Beach Resort in Florida.
https://cyprusshippingnews.com/2025/04/16/coast-guard-foundation-to-honour-seventh-coast-guard-district-at-its-annual-tribute-in-florida/
5. Diana Shipping fixes out panamax to China Resource Chartering. Greek bulker owner Diana Shipping has entered into a time charter contract with China Resource Chartering for one of its panamax vessels.
The company hired the 2013-built, 77,901 dwt bulker Ismene. The gross charter rate is $11,000 per day, minus a 5% commission paid to third parties, for a period until a minimum of March 20, 2026, up to a maximum of May 20, 2026.
https://splash247.com/diana-shipping-fixes-out-panamax-to-china-resource-chartering/
6. DHT confirms disposal of Chinese-built tonnage. DHT said in a statement that it sold the 2011-built DHT Lotus and the DHT Peony for a combined price of $103m. Splash has previously cited broking sources that claimed that the company sold the 320,000 dwt sister vessels built at Bohai Shipbuilding Heavy Industry in China.
https://splash247.com/dht-confirms-disposal-of-chinese-built-tonnage/
7. The carriers most exposed by Trump’s trade war with China. The chart below created by Linerlytica highlights the containerlines most exposed on the transpacific by the ongoing trade war initiated by Donald Trump, the American president, against China, that has effectively brought most business between the two largest economies in the world to a halt.
https://splash247.com/the-carriers-most-exposed-by-trumps-trade-war-with-china/
8. Piracy Reporting Centre: Singapore Straits Emerge as Piracy Hotspot. Global piracy and armed robbery incidents against ships have risen sharply in the first quarter of 2025, with a notable 35% increase compared to the same period last year. The surge is primarily driven by a significant spike in incidents within the Singapore Straits.
https://gcaptain.com/piracy-reporting-centre-singapore-straits-emerge-as-piracy-hotspot/
9. Seafarers Officially Designated as Key Workers in Maritime Labour Convention Update. The International Labour Organization (ILO) has adopted landmark amendments to the Maritime Labour Convention (MLC), officially designating seafarers as key workers, marking a transformative shift in maritime labor rights.
https://gcaptain.com/seafarers-officially-designated-as-key-workers-in-maritime-labour-convention-update/
10. US Coast Guard Seeking Information To Fast-Track Icebreaker Construction To Just 36 months. The U.S. Coast Guard has published a Request for Information (RFI) seeking input for construction of a medium-size icebreaker in just three years. The RFI is addressed to both U.S. and international shipyards highlighting the recent efforts to collaborate with Arctic partners in Canada and Finland as part of the newly established ICE Pact.
https://gcaptain.com/us-coast-guard-seeking-information-to-fast-track-icebreaker-construction-to-just-36-months/