1. GCMD and INTERCARGO partner to advance decarbonisation in the dry bulk shipping sector. A two-year Coalition partnership to accelerate decarbonisation efforts in the dry bulk segment has been signed by the Singapore-based Global Centre for Maritime Decarbonisation (GCMD) and the International Association of Dry Cargo Shipowners (INTERCARGO). The partnership will combine GCMD’s technical insights and experience in executing pilots with INTERCARGO’s member reach and IMO engagement to help close critical adoption and operational gaps.
https://www.shipmanagementinternational.com/news/gcmd-and-intercargo-partner-to-advance-decarbonisation-in-the-dry-bulk-shipping-sector
2. UK P&I Club expands presence in the North of England . The UK P&I Club has announced it is expanding its UK presence with the opening of a new office located in Newcastle, Northeast England. The Club is looking to capitalise on the city’s impressive pool of graduate and existing P&I talent, as it continues to attract the best people to provide competitive and value-driven services to its members.
https://www.shipmanagementinternational.com/news/uk-pampi-club-expands-presence-in-the-north-of-englandnbsp
3. Lloyd’s Register appoints new Business Director and Senior Representative for Africa. Lloyd’s Register has announced the appointment of Ngozi Gwam as its new Business Director and Senior Representative for Africa. This appointment highlights LR’s continued focus on fostering deep, strategic partnerships across the continent and reinforcing its role as a trusted partner to Africa’s maritime and energy industries.
https://cyprusshippingnews.com/2025/08/11/lloyds-register-appoints-new-business-director-and-senior-representative-for-africa/
4. Eight DP-optimised SCHOTTEL SRP-D for two new SOVs. Louis Dreyfus Armateurs (LDA), a French shipowner and maritime services provider, has selected SCHOTTEL to supply RudderPropellers Dynamic (SRP-D) for two new Service Operation Vessels (SOVs) for European energy company Vattenfall. The new walk-to-work vessels are designed by naval architect SALT Ship Design in Norway and will be built at Chinese shipyard Shanghai Zhenhua Heavy Industries Company Ltd. (ZPMC).
https://cyprusshippingnews.com/2025/08/11/eight-dp-optimised-schottel-srp-d-for-two-new-sovs/
5. Thyssenkrupp Gets Nod For Naval Spinoff To Tap Defense Boom. Thyssenkrupp AG is moving to cut loose its warship unit, hoping to ride a surge in European defense spending while stepping back from a business that has long been slow, costly, and hard to scale.
https://gcaptain.com/thyssenkrupp-gets-nod-for-naval-spinoff-to-tap-defense-boom/
6. Three Killed On Ukraine’s Odesa Region Beaches By Unexploded Objects. Three swimmers were killed by unexploded objects in Ukraine’s southern Odesa region at two beaches where swimming has been banned, regional officials said on Sunday.Regional governor Oleh Kiper said one man was killed in Karolino-Buhaz and another man and woman killed in nearby Zatoka, both down the coast from the regional capital.
https://gcaptain.com/three-killed-on-ukraines-odesa-region-beaches-by-unexploded-objects/
7. DP World expands vehicle capacity at Jebel Ali to meet surging demand. DP World has significantly expanded its automotive logistics capacity to meet growing demand at Jebel Ali Port, with the launch of a new 2.6 million square foot vehicle storage yard at Terminal 4. The upgrade adds 13,000 CEUs (car equivalent units), raising the port’s total storage capacity to 75,000 CEUs, and further cements Dubai’s position as the Middle East’s leading hub for automotive trade.
https://www.shipmanagementinternational.com/news/dp-world-expands-vehicle-capacity-at-jebel-ali-to-meet-surging-demand
8. DNV and RSI complete study on decarbonizing the short sea dry bulk fleet. Amid increasing pressure on shipping to achieve the IMO 2050 decarbonization targets, the Responsible Shipping Initiative (RSI) and DNV have completed a new study: ‘Decarbonization of the short sea dry bulk fleet’, co-funded by the Swedish Transport Administration. The study finds that while Swedish cargo owners and charterers are committed to greener practices, a lack of regulatory and economic incentives for smaller tonnage is hindering their progress.
https://www.shipmanagementinternational.com/news/dnv-and-rsi-complete-study-on-decarbonizing-the-short-sea-dry-bulk-fleet
9. OpenAI eyes $500 billion valuation in potential employee share sale, source says. ChatGPT maker OpenAI is in early-stage discussions about a stock sale that would allow employees to cash out and could value the company at about $500 billion, a source familiar with the matter said.
That would represent an eye-popping bump-up from its current valuation of $300 billion, with the sale underscoring both OpenAI’s rapid gains in users and revenue as well as the intense competition among artificial intelligence firms to secure talented workers.
https://cyprusshippingnews.com/2025/08/11/openai-eyes-500-billion-valuation-in-potential-employee-share-sale-source-says/
10. “GPS spoofing and groundings are shipowners still covered?” asks the AAA. A significant issue exists regarding the interplay between traditional marine perils, such as a vessel grounding, and emerging threats stemming from GPS spoofing. This is particularly relevant in the context of modern cyber exclusion clauses found in standard Hull & Machinery policies. This is the subject of a discussion paper released by the Advisory and Dispute Resolution facility offered by the Association of Average Adjusters recently.
https://cyprusshippingnews.com/2025/08/11/gps-spoofing-and-groundings-are-shipowners-still-covered-asks-the-aaa/