- BIMCO Shipping Number of the Week #109
BIMCO’s latest Shipping Number of the Week highlights ongoing developments affecting the global maritime market and freight trends. The report focuses on current industry indicators and their potential impact on shipping activity in the months ahead.https://cyprusshippingnews.com/2026/07/06/bimco-shipping-number-of-the-week-109/
. - Hormuz reopening may calm markets, but vulnerable economies face lasting consequences
The reopening of the Strait of Hormuz may ease immediate pressure on global energy markets after weeks of disruption. However, economists warn that several vulnerable economies could continue facing inflationary and trade-related consequences long after shipping traffic normalises.
. - Trafigura and Generadora Metropolitana acquire the Los Guindos power plant in Chile
Trafigura and Generadora Metropolitana have completed the acquisition of the Los Guindos power plant in Chile. The deal strengthens both companies’ position in the South American energy market and supports future regional power supply strategies.
. - Iron ore surplus builds as Chinese steel margins remain under pressure
Global iron ore supplies are continuing to rise while Chinese steel producers remain under financial pressure from weak margins. Analysts say the imbalance between supply and demand could weigh further on commodity prices in the near term.
. - Panama Canal tightens draught limits again
The Panama Canal Authority has once again reduced allowable draught limits for transiting vessels due to ongoing water shortages. The move is expected to impact vessel loading capacity and create additional scheduling challenges for global trade routes.
https://splash247.com/panama-canal-tightens-draught-limits-again/
. - Indonesian owners give older LNG carriers a second life
Indonesian shipowners are increasingly extending the operational life of older LNG carriers instead of ordering replacements. The strategy reflects strong regional gas demand and the high cost of building new vessels.
https://splash247.com/indonesian-owners-give-older-lng-carriers-a-second-life/
. - The heatwave nobody measures
A growing number of experts are warning about the impact of extreme heat on maritime workers and global logistics systems. The article argues that the economic and operational consequences of heatwaves remain significantly underestimated.
https://splash247.com/the-heatwave-nobody-measures/
. - Cargo ship reports attack off Yemen, adding to Red Sea risks
A cargo ship reported coming under attack near Yemen, raising fresh concerns over security risks in the Red Sea region. Maritime authorities are continuing to monitor the situation as tensions remain elevated along key shipping lanes.
https://gcaptain.com/cargo-ship-reports-attack-off-yemen-adding-to-red-sea-risks/
. - Vessel forced out of New York ship parade over politically charged banners
A vessel participating in a New York maritime parade was reportedly removed after displaying politically charged banners. Organisers said the action was taken to maintain the event’s non-political nature and ensure public safety.
https://gcaptain.com/vessel-forced-out-of-new-york-ship-parade-over-politically-charged-banners/
. - BSO to deploy new CSOV for offshore wind project
BSO will deploy a new Commissioning Service Operation Vessel for an offshore wind development project. The vessel is expected to support technicians and operational activities during the construction and maintenance phases.
https://www.seanews.co.uk/environment/bso-to-deploy-new-csov-for-offshore-wind-project