1. CMA D. ARGOUDELIS announced strategic collaboration with ELCO INDUSTRIAL AUTOMATION. CMA D. ARGOUDELIS & CO S.A., a leading provider of electrical and automation solutions in the marine and industrial sectors, is proud to announce its strategic collaboration with ELCO INDUSTRIAL AUTOMATION, a global manufacturer known for its cutting-edge industrial automation components and solutions.
https://cyprusshippingnews.com/2025/05/07/cma-d-argoudelis-announced-strategic-collaboration-with-elco-industrial-automation/
2. Enhancing Maritime Insurance Brokerage Services for client benefit “The Marine Insurance Broker’s Route to Success”. In the ever-changing world of maritime trade, the role of a marine insurance broker is pivotal. Professional Brokers act as the crucial link between vessel owners and operators and the insurance market, ensuring that clients have the protection they need to navigate the unpredictable seas of risk.
https://cyprusshippingnews.com/2025/05/07/enhancing-maritime-insurance-brokerage-services-for-client-benefit-the-marine-insurance-brokers-route-to-success/
3. Greece approves tender for hydrocarbons search in four offshore blocks. Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Hellenic Energy, the energy ministry said on Thursday.
https://cyprusshippingnews.com/2025/05/06/greece-approves-tender-for-hydrocarbons-search-in-four-offshore-blocks/
4. Europe can ride LNG wave to build strategic gas reserves. European governments may have a rare window of opportunity to build up strategic gas stockpiles in the coming years to help manage supply shocks that could become more common if geopolitical tensions keep rising.
https://cyprusshippingnews.com/2025/05/07/europe-can-ride-lng-wave-to-build-strategic-gas-reserves/
5. LNG Shipping Rates on the Rise. The LNG freight market firmed significantly this week, particularly in the Atlantic basin, as fresh fixture activity and chartering demand drove rates higher. Pacific markets also showed resilience, though gains were more modest.
https://cyprusshippingnews.com/2025/05/07/lng-shipping-rates-on-the-rise/
6. Nokia to provide private wireless to Maersk ships. Danish liner giant Maersk has contracted Nokia to equip 450 vessels in its fleet with private wireless.The move is part of Maersk’s rollout of its new digital connectivity platform, OneWireless, which aims to offer real-time cargo tracking, enhanced supply chain visibility, and improved operational efficiency.
https://splash247.com/nokia-to-provide-private-wireless-to-maersk-ships/
7. Valaris bags $135m drillship deal in Africa. New York-listed offshore driller Valaris has been awarded a five-well contract offshore West Africa for one of its drillships.
The contract, awarded to the 2014-built Valaris DS-15 drillship by an undisclosed client, is expected to begin in the third quarter of 2026.
https://splash247.com/valaris-bags-135m-drillship-deal-in-africa/
8. DOF vessel duo get work off Brazil. Norwegian offshore vessel owner DOF has been awarded contracts in Brazil for two of its vessels.The 2007-built diving support vessel Skandi Achiever was awarded an offshore service and survey contract in Brazil in support of a SURF project with operations planned to start in early May and covering three campaigns during 2025.
https://splash247.com/dof-vessel-duo-get-work-off-brazil/
9. Why safety culture matters more than ever: Gard.
Ahead of this year’s Nor-Shipping, 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://www.shipmanagementinternational.com/news/why-safety-culture-matters-more-than-ever-gard
10. Better safeguarding measures needed to support cadets, says The Hood founder. 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://www.shipmanagementinternational.com/news/better-safeguarding-measures-needed-to-support-sea-cadets-says-the-hood-founder