1. Cyprus Shipping Chamber marks 36th AGM and pays tribute to a Maritime Icon. The 36th Annual General Meeting of the Cyprus Shipping Chamber (CSC) took place this week in Limassol, reaffirming the Chamber’s role as a cornerstone of Cyprus’s maritime strength, while also marking a poignant farewell to one of the industry’s most influential figures.
https://cyprusshippingnews.com/2025/05/28/cyprus-shipping-chamber-holds-36th-agm-a-tribute-to-industry-resilience-and-leadership/
2. Companies keep calm despite Global Market Turbulence says Danish Shipping. The trade war between the US and large parts of the world is creating uncertainty in global markets. However, despite the heightened uncertainty, Danish shipping companies remain calm. This is evident from a survey among the largest shipping companies.
https://cyprusshippingnews.com/2025/05/28/danish-shipping-companies-keep-calm-despite-global-market-turbulence/
3. LNG and LPG shipping markets softened last week. The LNG freight market softened this week, with declines across most routes and a mixed performance in the period market. Weaker transpacific activity and limited fresh demand weighed on earnings, although isolated Atlantic resilience offered brief support.
https://cyprusshippingnews.com/2025/05/28/lng-and-lpg-shipping-markets-softened-last-week/
4. Nor-Shipping 2025 Thought Leader Interview – PwC. As the shipping industry confronts its most complex decade yet – with decarbonisation, digital transformation and regulatory upheaval all accelerating – leaders are being forced to rethink the fundamentals of their business. For global professional services firm PwC, that challenge presents both a mandate and an opportunity: to help clients sail through this transition not only with compliance in mind, but also strategic clarity and operational foresight.
https://cyprusshippingnews.com/2025/05/28/nor-shipping-2025-thought-leader-interview-pwc/
5. China United Lines reenters booming transpacific trades. China United Lines (CUL) is making the most of the boom times suddenly being seen on the transpacific, with news from Linerlytica, a consultancy, that it reenter the tradelane with the launch of its Trans Pacific West Coast 1 (TP1) service calling at Shekou, Ningbo, Qingdao, Long Beach, Shekou from June 7, using up to six ships ranging in size from 2,400 to 2,800 teu.
https://splash247.com/china-united-lines-reenters-booming-transpacific-trades/
6. Anhui’s Dongfang shipyard reemerges with new backers. A new shipyard in China’s Anhui province has won its first overseas orders.
Zongyang Shipyard has clinched a deal with Singapore-based Winning International to build four 12,000 dwt deck cargo carriers. The greenfield site will deliver the ships in 2026 and 2027, according to Clarksons Research. No price has been revealed.
https://splash247.com/anhuis-dongfang-shipyard-reemerges-with-new-backers/
7. MSC spending spree leaps higher. Mediterranean Shipping Company (MSC), the world’s largest containerline, has embarked on its most aggressive acquisition campaign of the year, snapping up more than 10 panamax and post-panamax vessels in May alone, according to sales registers and shipbrokers.
https://splash247.com/msc-spending-spree-leaps-higher/
8. Trump Warns Putin “Playing with Fire” In the wake of Russia’s largest aerial assault of the Ukraine war, U.S. President Donald Trump issued stark warnings to Vladimir Putin, saying the Russian leader has “gone absolutely CRAZY” and is “playing with fire.”
https://gcaptain.com/trump-warns-putin-playing-with-fire/
9. India Races to Contain Oil Spill From Sunken Containership MSC ELSA 3. Indian agencies detected an oil spill from a container ship that capsized off the coast of the southern state of Kerala early Sunday, triggering efforts to contain the environmental damage, the defense ministry said in a statement a day after the incident.
https://gcaptain.com/india-races-to-contain-oil-spill-from-sunken-containership-msc-elsa-3/
10. US-China Trade Tensions and Shadow Fleet Pose Growing Risks to Maritime Industry, Allianz Reports. Despite reaching record-low vessel losses in 2024, the maritime industry faces mounting challenges from geopolitical tensions and an expanding shadow fleet, according to Allianz Commercial’s latest Safety and Shipping Review.
https://gcaptain.com/us-china-trade-tensions-and-shadow-fleet-pose-growing-risks-to-maritime-industry-allianz-reports/