Further to the ongoing developments in the Middle East, we would like to provide you with an important operational update.

Please be advised that to ensure schedule reliability, the M/V Santa Teresa v.608S will omit her Algeciras call.

On Wednesday, Defense Secretary Pete Hegseth told reporters that a U.S. Navy submarine had torpedoed and sunk the Iranian frigate IRIS Dena in international waters of the Indian Ocean,

Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with SwissMarine Pte. Ltd., Singapore, for one of its panamax dry bulk vessels, the Crystalia.

Abu Dhabi’s ports, logistics, and trade group AD Ports Group reassures stakeholders about business continuity as regional developments evolve.

A Malta-flagged container ship was reportedly struck by a projectile north of Oman on March 4. According to reports from claims specialist WK Webster, the container carrier Safeen Prestige (IMO: 9593517) was struck by a projectile north of Oman while transiting eastbound in the Strait of Hormuz on March 4, 2026.

Russia’s Ministry of Transportation issued a statement condemning Ukraine and calling the attack on the gas carrier Arctic Metgas on Tuesday, March 3, terrorism. Its statement came as the Libyan Ports and Maritime Transport Authority reported the vessel had sunk overnight.

A Russian-controlled, sanctioned LNG carrier was set on fire in the central Mediterranean in a suspected kamikaze‑drone strike while transiting toward the Suez Canal, authorities and security firms said, though the precise cause remains unconfirmed. 

The Cyprus-based shipping investor said it attracted orders from “high quality” industrial and institutional investors. The company’s sponsor, Pelagic Partners, is contributing $48.1m through its managed funds, consisting of $17.56m in equity already injected and an additional $30.6m in fresh cash.