Fatal Mooring Accident Onboard Tanker

HM Government of Gibraltar has issued an investigation report into the fatal mooring accident on 20 May 2025 aboard the Gibraltar-registered tanker Nisyros. The incident On...

CMI Qingdao Secures Major Newcastlemax Bulk Carrier Order

China Merchants Shipbuilding Industry Group’s Qingdao shipyard has confirmed a significant newbuilding contract for the construction of four Newcastlemax bulk carriers, bringing an end...

Oil Tanker Traffic to Venezuela Falls After Seizure and Sanctions

Oil tanker movements to Venezuela have declined in recent weeks following heightened U.S. enforcement actions against the country’s oil trade, reports Platts according to...

Drewry Expects Crude Tankers to Outpace Product Tanker Sector

Maritime consultancy Drewry expects crude tanker markets to outperform product tankers in 2026 due to slower crude fleet growth and the potential support from...

Performance Shipping Takes Early Delivery of First Suezmax Tanker M/T P....

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has taken...

Cold Weather Procedures at Sea Fall Short, Says MarinePALS

MarinePALS has issued a warning that many cold weather procedures in the shipping industry still fail to reflect the realities crews face on deck. The...

Sweden Confirms Armed Personnel Aboard Russia Shadow Fleet Tankers

First official NATO-linked acknowledgement of active protection. Russian naval presence expands across Baltic Sea lanes. Private security firms suspected onboard tankers. Sweden’s Navy has...

IMO Secretary-General Urges Protection of Shipping in Black Sea

Call issued to protect seafarers and merchant shipping. Warning over rising environmental risks. IMO offers support for negotiations to keep trade moving. The Secretary-General...

Dry Bulk Freight Market Strength Driven by Temporary Factors

Capesize segment outperforms on bauxite and iron ore demand. Chinese stockpiling underpins freight strength. Fleet expansion raises oversupply risks across segments. The dry bulk...

New Reporting Requirements for Containers Lost at Sea Starting 2026

Masters must report container losses without delay. Drifting container sightings now require mandatory reporting. Standard reporting format added under SOLAS Chapter V. Starting from...

Amon Maritime Secures Enova Grants for Ammonia-Fueled Bulk Carriers

Enova awards NOK 298 million for three ammonia-fueled vessels. Kamsarmax newbuilds target zero-emission deep-sea shipping. Vessels designed for the EU steel industry decarbonisation. Amon...

Oil Rises as Trump’s Venezuela Blockade Stokes Uncertainty

Tanker restrictions linked to Venezuela raised supply risk concerns Geopolitical tension outweighed weak demand signals Falling inventories added short-term price support. Oil prices moved...

Samsung Heavy Wins Contract to Build Two Crude Oil Tankers

Samsung Heavy Industries has signed a contract to build two crude oil carriers on a full-ship basis. This marks the second full-ship order...

What to Expect in 2026: Navigating Cargo Risk with Confidence

Supply chain disruptions are expected to persist and intensify in 2026, increasing cargo-related risks. Geopolitical uncertainty, cyber threats, and tariff-related losses are emerging...

Smoother Sailing For Dry Bulk Market In 2026, But Some Swells...

The dry bulk market is expected to improve modestly in 2026 as geopolitical pressures ease. Stabilising trade policies and reduced tariff uncertainty are...

Freightos Weekly Update: Ocean Freight Rates Steady Despite Rising Overcapacity

Asia–Europe container rates remain well above October lows despite growing overcapacity. Early pre-Lunar New Year demand is supporting recent GRI increases. Red Sea...

Panama–Europe Green Shipping Corridor Study Launched

A feasibility study will assess a green shipping corridor between Panama and Southern Europe Focus is on low- and zero-emission fuels for long-haul...

Storm Emilia Turns Short Ferry Crossing into Ordeal In The Strait...

Severe weather caused by Storm Emilia transformed what is normally a one-hour ferry journey between southern Spain and the Spanish enclave on the north...

IACS C92 Advances Safe Decarbonisation, Digital Transformation, And Quality Standards

The 92nd Council meeting (C92) of the International Association of Classification Societies (IACS), held in London, marked significant progress in maritime decarbonisation, safe digital...

Safe Handling Of Class 3 Dangerous Goods Flammable Liquids

Class 3 dangerous goods consist of flammable liquids that can ignite easily and pose serious risks during storage, handling, and transport. Improper management of...