Splash Wrap: Hormuz hope dashed

IMO Plans to restart commercial shipping through the Strait of Hormuz have been harmed after an Evergreen containership was hit yesterday shortly after completing a transit through the waterway, prompting the International Maritime Organization to pause its evacuation operation started earlier this week for vessels trapped in the Gulf. Volkswagen agreed to sell a majority stake in German engine manufacturer Everllenc e , formerly known as MAN Energy Solutions, to private equity firm Bain Capital in a deal valuing the business at €7.4bn ($8.4bn). The International Chamber of Shipping (ICS) appointed well-known Scottish shipowner John Denholm as its new chairman . Taking up the position, Denholm said he was assuming the chairmanship during a period of “considerable upheaval and uncertainty” for both the global economy and international shipping. “Our industry continues to navigate geopolitical tensions, security threats, rapid technological change, the energy transition, and evolving trading patterns,” he said. Panos Patsadas was this week’s big Maritime CEO interview . The veteran broker is launching A Career in Shipping, a seven-part live online lecture series designed to walk participants through the main career options in the industry, the common mistakes people make when trying to enter it, and the myths that still distort how shipping presents itself to the next generation. “I want people to decide if shipping is a career for them based on facts,” he said. “Not fantasy, not rumours, not false expectations.” Our parent company Asia Shipping Media rebranded this week as Splash Maritime Group . “The Splash brand has become far better known internationally than Asia Shipping Media,” said co-founder Grant Rowles. “This rebrand reflects what the business has become and where we see future growth opportunities.” The Seafarer Workforce Report 2026 , published every five years by BIMCO and the International Chamber of Shipping, came out this week, containing some alarming stats on a likely forthcoming severe shortage of officers at sea, something that forms the basis for this week’s Splash Wrap podcast, carried below. Splash Splash is Asia Shipping Media’s flagship title offering timely, informed and global news from the maritime industry 24/7. Read Next June 26, 2026 PSA and Logtainer move ahead with Padua intermodal terminal June 26, 2026 DOF books three-year subsea vessel charter June 26, 2026 Zhonggu Logistics upsizes boxship newbuilds and lines up ship sales June 26, 2026 Hormuz reopening plans thrown into doubt after Evergreen boxship attack June 26, 2026 Shipyards compete with AI for engines