1. Baseblue Successfully executes LNG ship-to-ship bunkering operation in the Caribbean. Baseblue has completed its first liquefied natural gas (LNG) ship-to-ship (STS) bunkering operation in Portland Jamaica, marking a significant milestone in the company’s ongoing efforts to expand the availability of LNG as a marine fuel.
https://cyprusshippingnews.com/2025/05/09/baseblue-successfully-executes-lng-ship-to-ship-bunkering-operation-in-the-caribbean/
2. The Shipowners’ Club reports a 98.8% combined ratio and a strong capital position. The 2024 financial year saw the Club deliver an underwriting surplus of US$ 3.2m, with a combined ratio of 98.8%. As part of that, for the first time in the Club’s history, the Club recorded gross earned premium of greater than US$ 300m. Whilst 2024 saw evidence of global volatility and changing macroeconomic factors, the Shipowners’ Club was pleased to report its investment portfolio returned an overall gain of US$ 37.4m, with closing net assets of US$ 447.5m, representing a 10% increase over the previous year.
https://cyprusshippingnews.com/2025/05/09/the-shipowners-club-reports-a-98-8-combined-ratio-and-a-strong-capital-position/
3. Veson Nautical achieves ISO 27001, ISO 27017, and ISO 27701 certifications. ISO accreditation reinforces commitment to information security and privacy
Veson Nautical, a global leader in maritime data and freight management solutions, announces that it has achieved ISO 27001:2022, ISO 27017:2015, and ISO 27701:2019 certifications. These internationally recognized standards affirm the company’s dedication to maintaining the highest levels of information security and privacy across its suite of solutions.
https://cyprusshippingnews.com/2025/05/09/veson-nautical-achieves-iso-27001-iso-27017-and-iso-27701-certifications/
4. Kale Logistics Solutions develop Sultanate of Oman’s National Port Community System. Kale Logistics Solutions, along with its local partner Novel Muscat, has been awarded the contract by the Ministry of Transport, Communications and Information Technology of Oman to develop a National Port Community System . This multimodal cargo community platform will digitalise and streamline operations across Oman’s ports, airports, land ports, and free zones.
https://cyprusshippingnews.com/2025/05/09/kale-logistics-solutions-develop-sultanate-of-omans-national-port-community-system/
5. 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/
6. Backers of new US Virgin Islands registry present plans to Trump. The backers of a new open registry have dusted off plans first aired three years ago, and presented the concept of a US Virgin Islands (USVI) flag to Donald Trump, amid the current government’s determination to bolster American maritime.
https://splash247.com/backers-of-new-us-virgin-islands-registry-present-plans-to-trump/
7. UK readies sanctions on another 100 Russian-linked tankers. The UK is set to impose a new wave of sanctions against the Russian oil trade, targeting up to 100 more ships. The biggest sanctions package against Russia’s shadow fleet should bring the total number of oil tankers blacklisted by the UK to more than 230.
https://splash247.com/uk-readies-sanctions-on-another-100-russian-linked-tankers/
8. Dry bulk’s long path towards decarbonisation. Low-hanging fruit and the ramifications of what was agreed at last month’s Marine Environment Protection Committee (MEPC) gathering at the International Maritime Organization formed much of the discussion during the Dry Decarbonisation panel moderated by Lloyd’s Register’s Nikos Kakalis at last week’s Geneva Dry summit.
https://splash247.com/dry-bulks-long-path-towards-decarbonisation/
9. South African Port Union Plans More Talks to End Wage Dispute. The main labor union at South Africa’s state port and rail company said it will continue talks next week aimed at resolving a wage dispute and averting a potential strike.
https://gcaptain.com/south-african-port-union-plans-more-talks-to-end-wage-dispute/
10. Salvage Of Lynch’s Sunken Yacht Paused After Diver’s Death. Work to recover the late British tech tycoon Mike Lynch’s sunken superyacht off the coast of northern Sicily has been paused following the death of a diver involved in the operations, the company leading the effort said on Saturday.
https://gcaptain.com/salvage-of-lynchs-sunken-yacht-paused-after-divers-death/