1. OSM Thome Limited Group appoints Tommy Olofsen as Group Managing Director to lead next phase of growth. After a long and successful career, Finn Amund Norbye has informed the Board of Directors of OSMT Group of his decision to retire from his role as Chief Executive Officer.
The Board would like to thank Finn Amund for his contributions to the group, particularly his leadership in the merger of OSM Maritime Group and Thome Group.
https://cyprusshippingnews.com/2025/11/18/osm-thome-limited-group-appoints-tommy-olofsen-as-group-managing-director-to-lead-next-phase-of-growth/
https://cyprusshippingnews.com/2025/11/18/osm-thome-limited-group-appoints-tommy-olofsen-as-group-managing-director-to-lead-next-phase-of-growth/
2. “From Sea to Sushi – Celebrating Seafaring and Flavor” Brings Together Over 100 Maritime Professionals. The Cyprus Marine Club proudly hosted the exceptional event “From Sea to Sushi – Celebrating Seafaring and Flavor” at Gazebo Mare, drawing over 100 guests from across the maritime community. The evening combined professional insight with a hands-on culinary experience, offering attendees a perfect blend of learning, networking, and fine dining.
https://cyprusshippingnews.com/2025/11/17/from-sea-to-sushi-celebrating-seafaring-and-flavor-brings-together-over-100-maritime-professionals/
https://cyprusshippingnews.com/2025/11/17/from-sea-to-sushi-celebrating-seafaring-and-flavor-brings-together-over-100-maritime-professionals/
3. ICS convenes global leaders to address geopolitical and trade challenges. The International Chamber of Shipping (ICS), the Transport and Logistics Bureau of the Government of Hong Kong, and the Hong Kong Shipowners Association co-host Global Maritime Trade Summit amid rising geopolitical and trade tensions.
https://cyprusshippingnews.com/2025/11/18/ics-convenes-global-leaders-to-address-geopolitical-and-trade-challenges/
https://cyprusshippingnews.com/2025/11/18/ics-convenes-global-leaders-to-address-geopolitical-and-trade-challenges/
4. American private equity eyes Korean yard investment. Taekwang Group has muscled into the bidding war for K Shipbuilding, joining forces with TPG, a US private equity firm formerly known as Texas Pacific Group. The consortium has submitted a letter of intent to acquire management control of the Jinhae-based yard, one of three confirmed bidders for the shipyard formerly called STX Offshore & Shipbuilding.
https://splash247.com/american-private-equity-eyes-korean-yard-investment/
https://splash247.com/american-private-equity-eyes-korean-yard-investment/
5. 2020 Bulkers offloads remaining newcastlemaxes. 2020 Bulkers has agreed to sell its last two newcastlemaxes, wrapping up the monetisation of a fleet-building programme that started eight years ago.The Oslo-listed owner said it has signed deals with an undisclosed buyer for the 2020-built Bulk Sydney and Bulk Santos at a combined price of $145.5m.
https://splash247.com/2020-bulkers-offloads-remaining-newcastlemaxes/
https://splash247.com/2020-bulkers-offloads-remaining-newcastlemaxes/
6. Shipping broadens the search for seafarers. Shipping’s human capital crunch is fast becoming one of its defining challenges of the decade. The latest chapter from our brand-new Seafarers magazine which is being distributed across Hong Kong Maritime Week.
https://splash247.com/shipping-broadens-the-search-for-seafarers/
https://splash247.com/shipping-broadens-the-search-for-seafarers/
7. USS Gerald R. Ford Arrives to Caribbean in Major Counter-Narcotics Operation. The USS Gerald R. Ford Carrier Strike Group entered the Caribbean Sea on Sunday, marking a significant escalation in U.S. military operations against transnational criminal organizations in the Western Hemisphere.
https://gcaptain.com/uss-gerald-r-ford-arrives-to-caribbean-in-major-counter-narcotics-operation/
https://gcaptain.com/uss-gerald-r-ford-arrives-to-caribbean-in-major-counter-narcotics-operation/
8. India’s Trade Deficit Widens to Record as US Export Slump. Nov 17, 2025 India’s trade deficit widened to a record last month, with exports to the US plunging for a second consecutive month after President Donald Trump’s 50% punitive tariffs.
https://gcaptain.com/indias-trade-deficit-widens-to-record-as-us-export-slump/
https://gcaptain.com/indias-trade-deficit-widens-to-record-as-us-export-slump/
9. IMO Adjourns MEPC Session For One Year.
The Intersessional Working Group on the Reduction on Greenhouse Gas (GHG) Emissions from Ships, scheduled to meet on October 20 to 24, 2025, will go ahead to continue work on the guidelines for implementing the Net-Zero Framework.
https://www.seanews.co.uk/environment/imo-adjourns-mepc-session-for-one-year
https://www.seanews.co.uk/environment/imo-adjourns-mepc-session-for-one-year
10. Nexans Launches Cable Laying Vessel ‘Nexans Electra’ The launch of the Nexans Electra hull marks an important milestone towards expanding our capacity to support the acceleration of the global energy transition, says Pascal Radue, Executive Vice President of Nexans Power Transmission Business Group.
https://www.seanews.co.uk/maritime/nexans-launches-cable-laying-vessel-nexans-electra
https://www.seanews.co.uk/maritime/nexans-launches-cable-laying-vessel-nexans-electra