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Maritime & Shipping News Update – July 7, 2025

Latest Maritime and Shipping News: Key Events and Industry Updates

Stay informed with the latest happenings in the global maritime and shipping industry. Here’s a concise roundup of top stories, incidents, and trends from trusted maritime news sources. For more details, follow the links to the original articles.


Red Sea Crisis Escalates

The Red Sea saw renewed conflict as the Liberian-flagged bulk carrier Magic Seas was attacked by drones off Yemen. The crew was forced to evacuate after the vessel sustained severe damage. This marks the first Houthi attack on merchant shipping in the region this year, breaking a period of relative calm.
Read more at Splash247

Israeli Airstrikes Target Yemen Ports

Israel confirmed airstrikes on Houthi-controlled Yemeni ports, including a strike on the seized car carrier Galaxy Leader. The vessel has been held by Houthi forces since late 2023. These attacks are part of ongoing regional tensions affecting maritime security.
Details at Splash247

Explosion at Russian Port

A Greek-owned LPG tanker, Eco Wizard, suffered an explosion at Russia’s Ust-Luga port, causing an ammonia leak. The crew was evacuated, and Russian authorities have downplayed the incident, calling the leak “minor.” Emergency teams responded quickly.
Full story at Splash247
More at Maritime Executive

Tanker Explosion off India

The Hong Kong-flagged product tanker Fulda exploded and caught fire near the Indian port of Kandla. The incident occurred during gas-freeing operations while en route to Oman. Authorities are investigating the cause.
Coverage at Splash247

Deadly Ferry Sinking in Bali

A tragic ferry accident in the Bali Strait left at least six dead and 29 missing. The KMP Tunu Pratama Jaya sank during a routine crossing from East Java to Bali. Search and rescue operations are ongoing.
More at Maritime Executive
Also at MarineLink

Major Shipbuilding Partnerships

South Korea’s HD Hyundai has partnered with India’s Cochin Shipyard Ltd to boost shipbuilding capabilities. This collaboration aims to expand both companies’ reach in the global market.
Read at Offshore Energy
See also Splash247

DP World Acquires NovaAlgoma Cement Carriers

DP World’s P&O Maritime Logistics has acquired a controlling stake in NovaAlgoma Cement Carriers, strengthening its position in the cement shipping sector.
Details at Splash247

U.S. Coast Guard Sets Lifesaving Record

In Texas, a Coast Guard rescue swimmer broke the record for most lives saved in a single response during recent floods. The operation highlighted the importance of maritime emergency services.
Read at Maritime Executive

Other Notable Industry News

  • Ammonia-fueled vessels: BHP and COSCO signed a charter deal for new ammonia-fueled bulk carriers.
    Offshore Energy
  • Floating Data Centers: MOL and Karadeniz plan to launch floating data centers by 2027.
    Splash247
  • U.S. Maritime Administration: New leadership and innovation initiatives are underway.
    MARAD Newsroom

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