Maritime Optimisation and Communications

Maritime Optimisation and Communications

Maritime Digitalisation & Communications focuses on the latest in IT and electronics within the shipping industry. Our mission is to deliver thorough and easy-to-understand insights into this fast-evolving sector, which influences every aspect of ship operations and management.

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  • 3 days ago | rivieramm.com | Georgios Georgiou

    The European Union is implementing a new round of sanctions against Moscow, targeting a significant number of ’shadow’ vessels, while Russian crude exports remain stable year-on-year EU Commission President Ursula von der Leyen announced the approval of the 17th sanctions package against Russia in a post on X. The new measures add 189 vessels to the EU’s shadow fleet blacklist, bringing the total number of listed units to 342. This follows the previous packages, which included 153 ships.

  • 3 days ago | rivieramm.com | John Snyder

    Bottle necks aheadSurprisingly, the phenomenal growth of offshore wind will not be “sufficient to meet the green energy ambitions of the Ostend Declaration for the NorthSea,” says DNV. Among the maritime bottlenecks will be North Sea ports and specialised windfarm vessels.

  • 3 days ago | rivieramm.com | Jamey Bergman

    A weekend of negotiations in Geneva have produced an agreement between the US and China that will see a reduction in tariff levels starting 14 May. The deal is a temporary, 90-day de-escalation in a months-long, tariff-led, tit-for-tat trade war that began shortly after US President Donald Trump took his second term in January 2025.

  • 3 days ago | rivieramm.com | Georgios Georgiou

    According to shipbroking and market sources, the company has ordered three Newcastlemax bulk carriers at a Chinese shipyard. Several brokers suggest Nantong Xiangyu has secured the deal, despite being better known for building Ultramax and Kamsarmax tonnage in the dry bulk sector. While pricing details have not been disclosed, market estimates place the cost of each Newcastlemax at around US$76M. The three vessels are expected to be delivered through Q1 2028.

  • 3 days ago | rivieramm.com | Georgios Georgiou

    In its Q1 earnings report, the US-listed Greek shipowner highlighted the USTR plan could trigger large-scale fleet redeployments, potentially introducing inefficiencies that would support the current strong charter market dynamics. Costamare chief financial officer Gregory Zikos added such inefficiencies could initially boost demand for tonnage. Regarding tariffs, Costamare stated the container vessel charter market has adopted a “wait and see” stance, helping maintain firm rate levels.

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