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Monday, June 8, 2026

Guinea News

02 Jun 2026

Pirate Attack Foiled Amidst Heightened Security Risks

© TomKorcak / Adobe Stock

Palaemon Maritime has released its maritime security report for May 24-31, indicating that the week saw 15 maritime security incidents, with heightened activity in major maritime corridors globally, including: Black Sea, Gulf of Aden, Gulf of Finland, Gulf of Guinea, Gulf of Oman, and the Strait of Hormuz.Key developments include:A suspected pirate attack was foiled near the Gulf of Aden, with the Indian Navy deploying a helicopter and boarding team to protect a merchant vessel.An armed skiff approached a tanker off Yemen…

02 Jun 2026

Republic of the Marshall Islands Registry Celebrates Milestones at Posidonia

© Republic of the Marshall Islands Registry

The Republic of the Marshall Islands (RMI) Registry recognized several milestones and achievements during Posidonia, highlighting the collaboration and teamwork to make them possible. In mid-May 2026, the United States Coast Guard (USCG) released the 2025 Port State Control (PSC) Annual Report, which recognized the RMI as a qualifying jurisdiction for the 22nd consecutive year. The RMI is the only one of the world’s three largest registries to achieve QUALSHIP 21 for this year and the only registry in the world to achieve 22 consecutive years.

26 May 2026

MISC Reports First Quarter Increase in Revenue

Source: MISC

The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days, and higher revenue from Marine and Heavy Engineering segment, primarily from the ongoing projects advancing into higher construction phases partially offset by lower revenue from post sail-away projects.The increase in Group’s revenue was…

26 May 2026

U.S. Coast Guard Commissions Fast Response Cutter to Honors 9/11 Hero

Two U.S. Coast Guard MH-65 Dolphin helicopters fly over the Coast Guard Cutter Vincent Danz (WPC 1162) following the cutter’s commissioning ceremony in New York City, May 22, 2026. The Vincent Danz is the 62nd Fast Response Cutter and honors Petty Officer 2nd Class Vincent Danz, a New York City police officer and Coast Guard reservist who died responding to the September 11, 2001, attacks. (U.S. Coast Guard photo by Marco A. Gutierrez Rosales)

The U.S. Coast Guard commissioned its newest Fast Response Cutter, USCGC Vincent Danz (WPC 1162), for official entry into its service fleet during a ceremony held in New York City on Friday.The Vice Commandant of the Coast Guard, Vice Adm. Thomas Allan, presided over the ceremony. Members of the Danz family were also in attendance, including the cutter's sponsor, Ms. Angela Donohue, widow of the late Vincent Danz.“Vincent Danz’s legacy will live on not only through his family and his brothers and sisters in the NYPD…

26 May 2026

Santos Targets LNG and Oil Expansion in Alaska, Oceania and Australia

© vladsv / Adobe Stock

Australia's Santos will prioritise LNG and oil growth in three core regions, including Alaska and Papua New Guinea, under a new strategy that also includes reducing net debt by $2.5 billion by 2030."We are now laser-focused on investment in major oil and LNG production across three regions," CEO Kevin Gallagher said while speaking at the company's 2026 Investor Briefing Day on Tuesday.The country's No.2 oil and gas producer will leverage existing infrastructure on Tier-1 basins in the three regions…

24 May 2026

U.S. Coast Guard Commissions Cutter Honoring 9/11 Hero

Source: U.S. Coast Guard

The U.S. Coast Guard commissioned its newest Fast Response Cutter, USCGC Vincent Danz (WPC 1162), for official entry into its service fleet during a ceremony held in New York City on Friday.The Vice Commandant of the Coast Guard, Vice Adm. Thomas Allan, presided over the ceremony. Members of the Danz family were also in attendance, including the cutter's sponsor, Angela Donohue, widow of the late Vincent Danz.“Vincent Danz’s legacy will live on not only through his family and his brothers and sisters in the NYPD…

18 May 2026

Russian Drones Strike Two Ships off Ukraine’s Odesa Coast

Illustration © Віталій Б. / Adobe Stock

Russian drones hit two ships in the Black Sea approaching ports in Ukraine's Odesa region on Monday, including a Chinese-owned cargo vessel, Ukrainian authorities said, after a night of Russian attacks on the area.Ukraine's seaports authority said that the strikes had hit two civilian vessels, one under Marshall Islands flag and another under Guinea-Bissau flag, both of which were heading to ports in the region.The Ukrainian navy reported a strike on the Ksl Deyang, which it described as a Chinese-owned cargo ship sailed by Chinese crew under Marshall Islands flag.

11 May 2026

CMA CGM Expands Support for Kenyan Logistics

Source: CMA CGM

The CMA CGM Group has signed a high-level framework agreement for joint cooperation with Keynan institutional authorities to develop Kenya’s logistics and port capacity.The objective is to accelerate solutions that support the growth of supply chain flows in and out of east and Central Africa including maritime demand, inland logistics and freight management.It has been signed as part of the Africa Forward Summit, and in the presence of the Presidents of the French and Kenyan Republics, M.

07 May 2026

Damen Shipyards to Delivery of Two Tugs to Albayrak Group

© Damen Shipyards Group

Damen Shipyards Group has signed a contract with Türkiye's Albayrak Group for the delivery of an ASD Tug 2111 and ASD Tug 2813. This is the first contract between the two companies.The Albayrak Group is one of the largest businesses in Türkiye and is active in the construction, industrial, and logistics sectors. The latter includes the management of Alsancak Port, Izmir;Trabzon Port, Türkiye; Conakry Port, Guinea; Mogadishu Port, Somalia; Pointe-Noire Port, Congo; Banjul Port…

24 Mar 2026

China Mapping Ocean Floor Ready for Submarine Warfare

© Grispb / Adobe Stock

China is conducting a vast undersea mapping and monitoring operation across the Pacific, Indian and Arctic oceans, building detailed knowledge of marine conditions that naval experts say would be crucial for waging submarine warfare against the United States and its allies.In one example, the Dong Fang Hong 3, a research vessel operated by Ocean University of China, spent 2024 and 2025 sailing back and forth in the seas near Taiwan and the U.S. stronghold of Guam, and around strategic stretches of the Indian Ocean, ship-tracking data reviewed by Reuters shows.

24 Mar 2026

Despite Low Demand, China Drives 5% Increase in Iron Ore Shipments

© BIMCO

"Global iron ore shipments have risen 5% y/y during the first 12 weeks of 2026, supported by stronger Chinese import demand. However, this increase has not been matched by Chinese steel production which fell 4% y/y during the first two months of the year. As a result, the additional supply has boosted portside inventories, which reached a record high of 179.5m tons on 12 March,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Steel production in China has been on a downward trend since 2023, pressured by falling domestic demand.

24 Mar 2026

China Maps Ocean Floor as It Builds Submarine Warfare Capability

© Sono Creative / Adobe Stock

China is conducting a vast undersea mapping and monitoring operation across the Pacific, Indian and Arctic oceans, building detailed knowledge of marine conditions that naval experts say would be crucial for waging submarine warfare against the United States and its allies.In one example, the Dong Fang Hong 3, a research vessel operated by Ocean University of China, spent 2024 and 2025 sailing back and forth in the seas near Taiwan and the U.S. stronghold of Guam, and around strategic stretches of the Indian Ocean, ship-tracking data reviewed by Reuters shows.

18 Mar 2026

Bauxite Shipments up 16% but Outlook Uncertain

Image courtesy BIMCO

"During the first 11 weeks of 2026, bauxite shipments have surged 16% y/y, driven by strong Chinese demand for Guinean cargoes. Guinean bauxite has remained highly competitive, accounting for 79% of shipments and pushing non-Guinean bauxite shipments down 3% y/y. Bauxite has been one of the fastest growing dry bulk commodities, growing 10% on average between 2021 and 2025,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Rising bauxite shipments are driven by China’s need…

12 Mar 2026

ATSB Releases Preliminary Report on Coral Adventurer Grounding

Source: ATSB

An Australian Transport Safety Bureau (ATSB) preliminary report has been released that outlines the order of events leading up to the grounding of the cruise ship Coral Adventurer near a remote port on the north-east coast of Papua New Guinea in December.The ATSB launched a transport safety investigation after the 93-metre Australian-flagged ship grounded on the morning of 27 December 2025, with 80 passengers and 44 crew on board.The cruise, which had left Cairns 10 days earlier, had visited several sites in Papua New Guinea, with passages between them generally conducted overnight.

02 Mar 2026

U.S. Coast Guard Takes Delivery of Fast Response Cutter Named for 9/11 Hero

Source: USCG

The U.S. Coast Guard has accepted delivery of the 62nd Fast Response Cutter, USCGC Vincent Danz (WPC 1162), in Key West.Danz was serving in the New York City Police Department, Emergency Services Unit, ESU Truck 3, when he responded to the World Trade Center as part of a massive emergency response and was killed when the World Trade Center collapsed. He was posthumously awarded the New York City Police Department’s Medal of Honor for his heroic deeds. His actions that day embodied the Coast Guard's core values of honor…

13 Feb 2026

Western Bulk Returns to Profit

Copyright Igor Strukov/AdobeStock

Oslo-listed dry bulk operator Western Bulk reported a marked earnings recovery in the second half of 2025, capitalizing on a broad-based rebound in freight markets and tighter effective vessel supply.According to the company’s Second Half Year Report 2025, Western Bulk generated a net profit after tax of USD 7.4 million in 2H 2025, compared with a net loss of USD 5.2 million in the same period a year earlier. For the full year, the group posted a net profit of USD 5.4 million…

18 Jan 2026

World’s First Methanol Dual-Fuel KAMSARMAX Bulk Carrier Delivered

Source: Tsuneishi Shipbuilding

Tsuneishi Shipbuilding’s Philippines-based yard Tsuneishi Heavy Industries has delivered the world’s first methanol dual-fuel KAMSARMAX bulk carrier, Brave Pioneer.By adopting methanol as a propulsion fuel, the vessel achieves a reduction of approximately 10% in carbon dioxide emissions, 80% in NOx and 99% in SOx compared with conventional vessels. The use of green methanol further enhances the vessel’s potential to reduce environmental impact.The vessel features both a shallow draft and low air draft, enabling access to a wide range of ports worldwide.

04 Jan 2026

Coral Adventurer Detained After PNG Grounding

© mapsandphotos / Adobe Stock

The Australian Maritime Safety Authority (AMSA) has detained the Australian flagged vessel Coral Adventurer, that grounded on December 27 off the coast in Papua New Guinea (PNG).The Coral Adventurer was carrying 80 passengers and 44 staff when it ran aground on a coral reef about 90 kilometers from Lae.No injuries have been reported, and the vessel has been refloated.AMSA detained the vessel based on the “reasonable suspicion that it is not seaworthy due to potential damage sustained…

17 Dec 2025

Shipping Full Steam Ahead: What '25 has set up for '26

Copyright The KonG/AdobeStock

After several years of volatility, 2025 became the year the global shipping markets began to reset. Not collapse—but recalibrate.According to Veson Nautical’s 2025 End-of-Year Market Report, the past year was defined by persistent geopolitical disruption, tightening environmental regulation and growing uncertainty over future fuel pathways. Red Sea instability continued to distort global trade flows, FuelEU Maritime and EU ETS added cost and complexity, and owners across nearly every sector adopted a more cautious stance toward fleet expansion.As the industry enters 2026…

20 Nov 2025

Ivory Coast Cocoa Harvest Declines Sharply for Third Consecutive Year

© Adobe Stock/S. Leitenberger

Ivory Coast, the world's biggest cocoa producer, has sold 1.3 million tons of cocoa contracts for the 2025/26 October to March main crop, down from 1.4 million tons last year, amid concerns over declining harvests and production, two Coffee and Cocoa Council (CCC) sources told Reuters on Thursday.Despite what they said would be an expected 30% year-on-year drop in cocoa bean arrivals at the country's two main ports between January and March 2026, the CCC sources said no risk of…

23 Oct 2025

Capesize Values Hit 17-Year High

© Veson Nautical

Global trade flows have adjusted to new geopolitical developments last week, with Red Sea diversions maintaining their grip on vessel demand patterns. Against this backdrop, timecharter earnings hit their highest levels since October 2024, with Capesize rates leading the rally while smaller segments lagged behind. The S&P market saw continued interest in modern tonnage as owners position for tightening supply fundamentals. Values for 5YO Capesizes of 180,000 DWT have rallied impressively this year…

12 Oct 2025

Australia and PNG Complete Joint Cross Border Patrol

Source: ABF

The Australian Border Force (ABF), Australian Federal Police, Queensland Police Service, and Papua New Guinea (PNG) authorities have successfully completed the latest Joint Cross Border Patrol in the Torres Strait.Running from September 22 to 27, officers visited communities in Daru, Sigabadaru and Ture Ture in PNG, and Saibai and Boigu Islands in the Torres Strait.The joint activity forms part of Australia and PNG's shared mission to protect the border from threats such as drugs and firearms trafficking…

12 Oct 2025

Danish Shipping Launches African Maritime Training Initiative

© harlequin9 / Adobe Stock

Danish Shipping has launched an initiative to help build maritime competence and create opportunities for talented African cadets.Danish shipping companies and Danish authorities have a long history of cooperating closely with African partners, especially in the maritime sector.Building on successful partnerships between Danish shipping companies and African maritime institutions, the African Maritime Training Initiative aims to strengthen cooperation and create opportunities…