1. Trafigura’s former top nickel trader denies he colluded on $600 million fraud. Trafigura’s former head nickel trader denied allegations by Indian businessman Prateek Gupta on Monday in a London trial that he helped devise a $600 million fraud to swap expensive metals for cheap or worthless ones.
Geneva-based Trafigura sued Gupta over two years ago, alleging he was the mastermind of a fraud in which he and his companies agreed to provide high-quality 99.8% pure nickel but delivered steel or scrap instead.
https://cyprusshippingnews.com/2025/11/26/trafiguras-former-top-nickel-trader-denies-he-colluded-on-600-million-fraud/
2. Ardmore Shipping deploys SteelCorr AI solution to enhance vessel corrosion monitoring and paint maintenance. Ardmore Shipping has rolled out a fleetwide deployment of SteelCorr, an AI-powered application designed to enhance corrosion monitoring and paint maintenance across its fleet.
https://cyprusshippingnews.com/2025/11/26/ardmore-shipping-deploys-steelcorr-ai-solution-to-enhance-vessel-corrosion-monitoring-and-paint-maintenance/
3. India’s largest conglomerate stops Russian oil imports amid global pressure. India’s largest conglomerate Reliance Industries, owned by billionaire Mukesh Ambani, has stopped importing Russian crude oil for its export-only refining unit at Jamnagar in the western state of Gujarat.
https://cyprusshippingnews.com/2025/11/26/indias-largest-conglomerate-stops-russian-oil-imports-amid-global-pressure/
4. Maersk holds off on date for Suez return. A Maersk spokesperson says the company has not set a firm date for resuming Suez Canal sailings, despite the Suez Canal Authority announcing an early-December comeback for the Danish carrier.
https://splash247.com/maersk-charts-december-comeback-to-suez-canal/
5. Jinhui continues to trim older tonnage with $10.3m supramax disposal. The Oslo-listed, Hong Kong-based owner said it has struck a deal to sell the 2008-built Jin Sui, a 56,968 dwt vessel constructed at Shanghai Shipyard, to Forever Win Shipping for $10.3m. Delivery is scheduled by the end of February 2026.
https://splash247.com/jinhui-continues-to-trim-older-tonnage-with-10-3m-supramax-disposal/
6. Four Days On, Crews Continue Response to Deep-Seated Cargo Fire Aboard Containership Off Los Angeles. Response operations entered their fourth day on Tuesday as the Unified Command continues efforts to suppress a fire aboard the containership One Henry Hudson, which broke out Friday evening while the vessel was moored at Berth 218 in the Port of Los Angeles.
https://gcaptain.com/four-days-on-crews-continue-response-to-deep-seated-cargo-fire-aboard-containership-off-los-angeles/
7. Major Maritime Mutuals Weigh Merger That Could Reshape Shipping’s Insurance Industry. Two of the world’s most established mutual insurance providers serving the global shipping and logistics industries announced today they are exploring a potential merger that could reshape the maritime insurance landscape.
https://gcaptain.com/major-maritime-mutuals-weigh-merger-that-could-reshape-shippings-insurance-industry/
8. GAO Finds Coast Guard’s Offshore Patrol Cutter Program Mired in Problems. A new Government Accountability Office report has exposed severe problems plaguing the U.S. Coast Guard’s Offshore Patrol Cutter program, with both shipbuilders failing to deliver any vessels despite years of construction and program costs ballooning to $17.6 billion.
https://gcaptain.com/gao-finds-coast-guards-offshore-patrol-cutter-program-mired-in-problems/
9. “We Look After Those Who Move the World” – Interview with Meei Wong CEO of Circle DV.
Former shipowner Meei Wong founded Circle DV to fix the one part of shipping that hasn’t evolved: seafarer welfare. From telemedicine to mental health and safety wearables, her company now supports 26,000+ seafarers—driving a long-overdue shift in the industry.
https://www.seanews.co.uk/featured/we-look-after-those-who-move-the-world
10. Ardmore Shipping Deploys AI Solution ‘SteelCorr’ Across Fleet.
The adoption of the SteelCorr app reflects Ardmore Shipping’s commitment to integrating smart, data-led solutions into the core of its ship management operations. It enables faster, more informed decision-making, strengthens collaboration between ship and shore.
https://www.seanews.co.uk/technology/ardmore-shipping-deploys-ai-solution-steelcorr-across-fleet