1. Tototheo Global showcases integrated maritime technology ecosystem at Maritime Cyprus 2025. Tototheo Global reaffirmed its position as a leading maritime technology partner at Maritime Cyprus 2025, where it showcased its complete portfolio of digital and technical solutions spanning connectivity, cybersecurity, analytics, and navigation systems.
https://cyprusshippingnews.com/2025/10/21/tototheo-global-showcases-integrated-maritime-technology-ecosystem-at-maritime-cyprus-2025/
2. Ship leasing – Does a financial lessor need to be the registered owner of the leased asset? Prior to the advent of Chinese leasing, ship leasing was historically a financing structure in the alternative ship finance space. It was originally perceived as a relatively covenant free financing instrument which provided high financing leverage compared to what was provided at the time under traditional debt financing. It was frequently used as an off-balance sheet structure – something that changed with the introduction of IFRS 16 almost 10 years ago.
https://cyprusshippingnews.com/2025/10/21/ship-leasing-does-a-financial-lessor-need-to-be-registered-owner-of-the-leased-asset/
3. IMO Net-Zero Framework adoption is delayed. The IMO’s Marine Environment Protection Committee (MEPC ES.2) has been adjourned for a year before consideration of the IMO Net-Zero Framework (NZF) for adoption, which would have provided a global regulatory framework for the reduction of Greenhouse Gas energy intensity of international shipping.
https://cyprusshippingnews.com/2025/10/21/imo-net-zero-framework-adoption-is-delayed/
4. ClarkSea Index surges past $30,000 as port fees ripple through markets. The disruption brought about by last Tuesday’s start of tit-for-tat extra port fees levied by the US and China has propelled shipping earnings to very high levels. The cross-sector ClarkSea Index, a weighted average of tanker, bulk carrier, containership, and gas carrier earnings managed by Clarksons Research, rose above $30,000 a day on Friday for the first time since late 2022, increasing by 5% week-on-week to $30,461 a day and standing more than 50% above the 10-year trend.
https://splash247.com/clarksea-index-surges-past-30000-as-port-fees-ripple-through-markets/
5. Primebulk trims fleet. Greek owner Primebulk Shipmanagement is closing in on a tidy profit, clearing out an elderly capesize vessel in a firming market.
Brokers note that the Paul Coronis-led company is selling the 178,100 dwt Cape Aqua (built 2009), a ship it acquired for $18.9m in 2017. The scrubber-fitted vessel, built at Shanghai Waigaoqiao Shipbuilding, was noted as sold for $25.5m to undisclosed Chinese buyers.
https://splash247.com/primebulk-trims-fleet/
6. EU Seeks Maritime Declaration To Inspect Russia’s ‘Shadow Fleet’. The European Union‘s diplomatic arm, the EEAS, is urging member states to back a maritime declaration that would allow EU nations working with flag states to arrange inspections on Russia’s “shadow fleet” of oil tankers, an EEAS document shows.
https://gcaptain.com/eu-seeks-maritime-declaration-to-inspect-russias-shadow-fleet/
7. Indian Refiners Pivot to Guyanese Oil. Two Indian refiners have bought cargoes totaling 4 million barrels of Guyanese crude, Reuters has reported, citing unnamed trade sources who also said the oil will be delivered by the end of this year or the start of 2026.
https://www.shippingtribune.com/news/shipping/Indian+Refiners+Pivot+to+Guyanese+Oil
8. KKR launches $500m container leasing venture. US investment giant KKR has launched a new container leasing and financing company with half a billion dollars in committed capital, marking its latest move into asset-based maritime investments.
https://splash247.com/kkr-launches-500m-container-leasing-venture/
9. Huayuan Star orders methanol-ready kamsarmax brace. China’s Huayuan Star Shipping has turned to the newbuilding market to expand its fleet with an order for two kamsarmax bulk carriers at compatriot yard Jiangsu Haitong Offshore Engineering Equipment.
https://splash247.com/huayuan-star-orders-methanol-ready-kamsarmax-brace/
10. Huayuan Star orders methanol-ready kamsarmax brace. China’s Huayuan Star Shipping has turned to the newbuilding market to expand its fleet with an order for two kamsarmax bulk carriers at compatriot yard Jiangsu Haitong Offshore Engineering Equipment.