1. Columbia Group CEO calls for new era of partnership-based ship management
Columbia Group CEO Mark O’Neil has urged the industry to move toward a more collaborative and partnership-driven model of ship management. He emphasized that increasing complexity in regulation and operations requires closer alignment between owners and managers.
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2. Seanergy Maritime expands fleet with two capesize newbuildings
Seanergy Maritime has announced the acquisition of two Japanese capesize newbuildings while simultaneously divesting an older vessel. The move is aimed at modernizing the fleet and improving operational efficiency and earnings potential.
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3. Port of Piraeus strengthens cooperation with Mitsui O.S.K. Lines
The Port of Piraeus has entered a new cooperation agreement with Mitsui O.S.K. Lines at its car terminal. The partnership is expected to enhance vehicle handling capacity and strengthen the port’s role as a regional logistics hub.
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4. Cyprus Shipping News launches live media hub at APM Singapore 2026
Cyprus Shipping News will establish a live media hub at APM Singapore 2026 to provide real-time coverage and industry insights. The initiative aims to enhance engagement and visibility for maritime stakeholders during the event.
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5. Baltic Dry Index continues upward trend with weekly gains
The Baltic Dry Index has extended its upward momentum, recording further weekly gains across key vessel segments. The increase reflects stronger demand in dry bulk shipping markets and improved freight rates.
https://cyprusshippingnews.com/2026/03/18/baltic-dry-index-rises-further-posts-weekly-gain/
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6. CMA CGM develops multimodal corridors to bypass Strait of Hormuz
CMA CGM is rolling out alternative multimodal transport corridors to mitigate risks linked to the Strait of Hormuz tensions. These solutions aim to maintain supply chain continuity amid ongoing geopolitical instability.
https://splash247.com/cma-cgm-rolls-out-multimodal-corridors-to-bypass-strait-of-hormuz/
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7. Conflict impacts world’s largest bunkering hub
Escalating conflict in the Gulf region is affecting operations at the world’s largest bunkering hub. Disruptions are raising concerns over fuel supply availability and price volatility for global shipping.
https://splash247.com/war-rattles-worlds-largest-bunkering-hub/
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8. Stena Bulk CEO Erik Hanell to step down after 14 years
Stena Bulk CEO Erik Hanell will step down after leading the company for 14 years. His tenure saw significant fleet development and strategic expansion in global tanker markets.
https://splash247.com/stena-bulk-ceo-erik-hanell-to-step-down-after-14-years/
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9. U.S. strikes Iranian coastal missile sites
The United States has conducted strikes on Iranian coastal missile installations using bunker-buster bombs. The escalation raises further concerns about maritime security in the Gulf region and potential risks to shipping routes.
https://gcaptain.com/u-s-hits-iranian-coastal-missile-sites-with-bunker-buster-bombs/
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10. ATSB report examines grounding of research icebreaker near Heard Island
A preliminary ATSB report has provided new insights into the grounding of a research icebreaker near Heard Island. Investigators are focusing on navigational decisions and environmental conditions contributing to the incident.