OL News
Shippingtelegraph: Wan Hai 503 boxship under tow after fire off India’s Kerala
The Wan Hai Lines container ship Wan Hai 503 is reportedly stable and remains under close monitoring. The vessel is currently being towed by the salvage team and is located in waters near the India-Sri Lanka maritime boundary,
Shippingtelegraph: Dry bulker newbuilding orders slump amid uncertainty clouds outlook
Newbuilding orders hit their lowest 1H total since 2017 at 169 vessels (down c.26% YoY), and S&P volumes dropped c.36% YoY to 425 sales, according to Veson Nautical’s 2025 mid-year shipping market report.
Shippingtelegraph: Malaysia intercepts ship drifting near oil platform
Malaysian authorities have intercepted a ship drifting near an oil platform last week. The unidentified vessel, which was found drifting in the waters close to an oil platform since 12 August,
Shippingtelegraph: Handy tanker market shrinking as MR competition intensifies
The handy tanker market continues its decline, a trend accelerated since the Russia-Ukraine conflict. With spot fixtures in the Baltic and the Black Sea going from around a third of total fixtures to less than 10% each year since 2023, handies had to find demand elsewhere,
Shippingtelegraph: Operation begins to free grounded bulk carrier in St. Lawrence River
Efforts to free the bulk carrier Federal Yamaska, which grounded in the St. Lawrence River last week, are underway.
Splash247: Why grief at sea needs to be taken seriously
Gisa Paredes, a psychologist and managing director of WellAtSea, writes for Splash today.