Greek shipping magnate Evangelos Marinakis is accelerating his VLCC fleet expansion, with Capital Maritime and Trading placing an order for 11 very large crude carriers at China’s Hengli Heavy Industry.
Maersk has ordered eight large container vessels with a capacity of around 18,600 TEU each, as part of its ongoing fleet renewal and deployment flexibility strategy.
All 16 crew members of the small container ship Sealloyd Arc were safely rescued after the vessel sank off the coast of Phuket, Thailand. The Royal Thai Navy confirmed that none of the seafarers sustained injuries, despite the rapid deterioration of the ship’s condition.
The Liberian-flagged chemical tanker Seaways Kenosha has rescued 27 crew members from a sinking tuna fishing vessel in the Eastern Pacific, in an operation that underscores the growing importance of satellite distress technology and merchant vessel cooperation.
At least 15 migrants have died after a high-speed migrant boat collided with a Hellenic Coast Guard patrol vessel in the Aegean Sea near the Greek island of Chios.
The container shipping downturn is tightening its grip. Danish giant Maersk has reported an ocean division loss for the fourth quarter of 2025 and announced 1,000 job cuts, underscoring how rapidly the post-boom market is unwinding.
The dry bulk shipping sector entered 2025 under mounting pressure from safety risks, decarbonisation demands and geopolitical instability, as highlighted in INTERCARGO’s Annual Review.