1. US has few good options on Strait of Hormuz, former defence secretary says
A former US defence secretary has warned that Washington has limited viable strategies to manage escalating tensions in the Strait of Hormuz. Military intervention risks broad regional escalation, while diplomatic options remain constrained amid ongoing hostilities.
.
2. Jones Act waiver to have a limited impact on demand
A temporary waiver of the Jones Act is expected to deliver only marginal benefits to shipping demand, according to industry analysis. Structural constraints in vessel availability and logistics mean the measure will not significantly alter market dynamics.
https://cyprusshippingnews.com/2026/03/27/jones-act-waiver-to-have-a-limited-impact-on-demand/
.
3. Genco takes delivery of second Newcastlemax vessel this year
Genco Shipping & Trading has expanded its fleet with the delivery of a second high-spec Newcastlemax bulk carrier in 2026. The move supports its strategy of modernizing tonnage and improving fuel efficiency across operations.
.
4. BIMCO Shipping Number of the Week: 101
BIMCO’s latest “Shipping Number of the Week” highlights a key metric reflecting ongoing shifts in global shipping markets. The data underscores volatility linked to geopolitical tensions and trade disruptions.
https://cyprusshippingnews.com/2026/03/27/bimco-shipping-number-of-the-week-101/
.
5. ICS releases crucial updates to Maritime Labour Convention guidelines
The International Chamber of Shipping has issued updated guidance on applying the Maritime Labour Convention. The revisions aim to improve clarity for shipowners and ensure stronger compliance with seafarer welfare standards.
.
6. Seacon acquires four MPP newbuilds in $44m deal
Seacon Shipping has agreed to acquire four multipurpose vessel newbuildings in a $44 million fleet expansion move. The deal reflects continued investment in flexible cargo capacity amid evolving trade patterns.
https://splash247.com/seacon-lifts-four-mpp-newbuilds-in-44m-fleet-play/
.
7. Anchorage queues swell in Asia as war enters week five
Congestion is intensifying at key Asian anchorages as the ongoing conflict disrupts normal shipping routes. Delays are increasing across multiple segments, adding pressure to already strained supply chains.
https://splash247.com/anchorage-queues-swell-in-asia-as-war-enters-week-five/
.
8. China urges Philippines to stabilise ties amid maritime tensions
China has called on the Philippines to ease tensions following a series of maritime disputes in contested waters. The situation continues to raise concerns over regional stability and shipping security.
https://gcaptain.com/china-urges-philippines-to-stabilize-ties-amid-maritime-row/
.
9. Humanitarian aid boats reach Havana safely after rescue coordination
Two humanitarian aid vessels have successfully reached Havana after being located and assisted by the Mexican navy. The operation highlights ongoing coordination efforts to ensure safe maritime humanitarian missions.
.
10. Iran war adds $340 million daily cost to shipping industry
The ongoing Iran conflict is estimated to be costing the global shipping industry an additional $340 million per day. Increased insurance premiums, rerouting, and operational risks are driving the surge in costs.