- Professor Momoko Kitada receives IMO Gender Equality Award 2026
Professor Momoko Kitada received the 2026 IMO Gender Equality Award for her contribution to promoting diversity and inclusion within the maritime industry. The International Maritime Organization recognised her long-term work supporting women in shipping, maritime education and leadership development.
https://cyprusshippingnews.com/2026/05/21/professor-momoko-kitada-receives-imo-gender-equality-award-2026/
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- A perfect storm forecast for Posidonia 2026: wind propulsion, international shipping and the energy transition
Posidonia 2026 is expected to focus heavily on wind propulsion technologies and the shipping industry’s energy transition. Industry experts believe rising environmental pressure and fuel costs are accelerating interest in alternative propulsion systems and low-emission vessel solutions.
https://cyprusshippingnews.com/2026/05/21/a-perfect-storm-forecast-for-posidonia-2026-wind-propulsion-international-shipping-and-the-energy-transition/
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- Port of Piraeus hosts delegation from Georgia
Port of Piraeus welcomed an official delegation from Georgia to discuss maritime cooperation, logistics infrastructure and trade connectivity. The visit included meetings on port operations and future opportunities for transport collaboration between the two sides.
https://cyprusshippingnews.com/2026/05/21/port-of-piraeus-visit-of-a-delegation-from-georgia-to-the-port-of-piraeus/
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- Wärtsilä signs lifecycle agreement for Finnish Border Guard vessels
Wärtsilä signed a lifecycle support agreement covering vessels operated by the Finnish Border Guard. The contract includes maintenance, technical support and digital monitoring services designed to improve vessel reliability and operational readiness.
https://cyprusshippingnews.com/2026/05/21/wartsila-lifecycle-agreement-to-ensure-reliability-and-readiness-of-finnish-border-guard-vessels/
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- Sweco wins contracts for Finland’s digital rail traffic management rollout
Sweco secured contracts linked to Finland’s implementation of a standardised EU digital rail traffic management system. The project aims to improve railway efficiency, safety and cross-border transport compatibility across the region.
https://cyprusshippingnews.com/2026/05/21/sweco-wins-contracts-in-finlands-eu-standardised-digital-rail-traffic-management-system-roll-out/
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- Pakistan relaunches offshore oil hunt after 18 years
Pakistan is restarting offshore oil exploration activities after an 18-year break in an effort to strengthen domestic energy production. Authorities are seeking international investment and hope modern exploration technologies will improve the chances of commercial discoveries.
https://splash247.com/pakistan-relaunches-offshore-oil-hunt-after-18-year-hiatus/
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- Indonesia centralises commodity exports through state-run trading arm
Indonesia plans to centralise commodity exports through a government-controlled trading organisation. The policy is intended to improve export coordination, increase state oversight and strengthen pricing power for key commodities.
https://splash247.com/indonesia-moves-to-centralise-commodity-exports-through-state-run-trading-arm/
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- Saudi wealth fund considers creating logistics giant
Public Investment Fund is reportedly evaluating plans to establish a major logistics company as part of Saudi Arabia’s economic diversification strategy. The proposed group could combine shipping, ports, warehousing and freight operations into a large regional logistics platform.
https://gcaptain.com/saudi-1-trillion-wealth-fund-weighs-creating-a-logistics-giant/
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- Iran establishes new maritime oversight zone across Strait of Hormuz
Iran introduced a new maritime oversight zone covering parts of the Strait of Hormuz amid ongoing regional tensions. Shipping companies are closely monitoring the development due to concerns over tanker traffic, security risks and possible operational disruptions.
https://gcaptain.com/iran-draws-new-maritime-oversight-zone-across-strait-of-hormuz/
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- Shipping risk becoming increasingly unpredictable, industry warns
Maritime specialists warned that global shipping risks have become significantly less predictable due to geopolitical tensions, cyber threats, sanctions and climate-related disruptions. Industry experts stated that shipowners and operators are being forced to adapt security, insurance and contingency planning strategies to a rapidly changing environment.
https://www.seanews.co.uk/maritime/risk-in-shipping-has-become-far-less-predictable