1. HarborLab fully embeds Artificial Intelligence into platform ecosystem as it launches new AI-powered disbursement agent tool. HarborLab, the Athens-based maritime technology company, has launched a new AI-powered feature designed to optimise Disbursement Account analysis and streamline port expense management. This latest innovation, known as HL AI, is part of the company’s drive to fully integrating artificial intelligence into its entire platform ecosystem helping shipowners and operators unlock efficiency and major cost savings in daily vessel operations.
https://cyprusshippingnews.com/2025/03/20/harborlab-fully-embeds-artificial-intelligence-into-platform-ecosystem-as-it-launches-new-ai-powered-disbursement-agent-tool/
2. New tariffs create uncertainty – But the most severe consequences are still on the horizon. A full-scale trade war is currently threatening global commerce. The United States has imposed tariffs on steel and aluminum, and in response, countries such as Canada, China, and the EU have introduced tariffs on American goods.
https://cyprusshippingnews.com/2025/03/20/new-tariffs-create-uncertainty-but-the-most-severe-consequences-are-still-on-the-horizon/
3. The new second edition of ‘Maritime Security a comprehensive guide for shipowners, seafarers and administrations’ is now available in hardback. The International Chamber of Shipping and Witherby Publishing Group have released a new edition of ‘Maritime Security: A Comprehensive Guide for Shipowners, Seafarers and Administrations’.
The Guide addresses the shifting threats faced by the shipping industry today, including political instability, piracy, terrorism and cyber attacks. It equips readers with the knowledge and tools to confidently navigate the complex landscape of maritime security.
https://cyprusshippingnews.com/2025/03/20/the-new-second-edition-of-maritime-security-a-comprehensive-guide-for-shipowners-seafarers-and-administrations-is-now-available-in-hardback/
4. European shipping key for Europe’s security with 35% of global fleet, studies find. Ahead of the European Shipping Summit, European Shipowners release today a Deloitte study on the EU Shipping Competitiveness and a CE Delft study on the economic value of European shipping.
European shipping represents a geopolitical asset for Europe facilitating the export and import of goods, food and energy, a Deloitte study finds.
https://cyprusshippingnews.com/2025/03/20/european-shipping-key-for-europes-security-with-35-of-global-fleet-studies-find/
5. ESL Shipping extends raw material transport deal with SSAB. ESL Shipping, part of Finnish conglomerate Aspo, and global steel manufacturer SSAB have agreed a multi-year extension for the transport of inbound raw material sea transports within the Baltic Sea and from the North Sea.
https://splash247.com/esl-shipping-extends-raw-material-transport-deal-with-ssab/
6. Jinhui sells veteran supramax. Chinese bulker owner and operator Jinhui Shipping and Transportation has offloaded one of its older supramaxes in its first sale in more than a year.The Oslo- and Hong Kong-listed company is shipping out the 2007-built Jin Shun to Honk Kong incorporated Yuhe Shipping in a deal worth $8.26m.
https://splash247.com/jinhui-sells-veteran-supramax/
7. Euroseas fixes charter for 2007-built boxship. Nasdaq-listed Greek containership owner Euroseas has won a time charter contract for its 4,250 teu boxship Rena P.
The charter is for a minimum period of 35 to a maximum period of 37 months, at the option of the charterer, at a gross daily rate of $35,500, in direct continuation of its present charter.
https://splash247.com/euroseas-fixes-charter-for-2007-built-boxship/
8. European Shipping Commands 35% of Global Fleet, Critical for EU Security and Trade. European shipping has emerged as a crucial geopolitical asset for the European Union, controlling 35% of the world’s fleet despite the EU representing only 15% of global GDP, according to new studies released ahead of the European Shipping Summit.
https://gcaptain.com/european-shipping-commands-35-of-global-fleet-critical-for-eu-security-and-trade/
9. Photos: Royal Navy Shadows Russian Task Force Carrying Cargo from Syria. The Royal Navy, along with NATO allies, conducted a coordinated operation to monitor a Russian naval task group transporting cargo from Syria through UK territorial waters in the English Channel.The Russian contingent included the destroyer RFN Severomorsk, landing ship RFN Alexander Shabalin, and transport vessels MV Sparta IV and MV Siyanie Severa.
https://gcaptain.com/photos-royal-navy-shadows-russian-task-force-carrying-cargo-from-syria/
10. LNG Tanker Collision in Gibraltar Highlights Ongoing Pilotage Concerns. A minor collision between an LNG tanker and a bulk carrier in Gibraltar’s western anchorage has reignited discussions about pilotage requirements for departing vessels, following a similar incident that led to a major maritime casualty in 2022.
https://gcaptain.com/lng-tanker-collision-in-gibraltar-highlights-ongoing-pilotage-concerns/