OCEAN Alliance Day 9: Global Shipping Network Unveiled
Three loops link 30 port pairs between East Asia and the Middle East.
Two loops were temporarily suspended due to geopolitical challenges.
Over...
India To Reject Tankers Carrying Sanctioned Russian Oil
Recent reports suggest that India intends to reject oil tankers sanctioned by the United States for transporting Russian goods. This decision highlights the broader...
IMO Proposal Aims To Address “Shadow Fleet”
A group of 21 nations has submitted a proposal to the IMO's Legal Committee aimed at preventing fraudulent ship registrations and unlawful practices associated...
Multiple Maritime Incidents Near Malaysia And Singapore
During the second weekend of January, several maritime incidents occurred near Malaysia and Singapore, according to Safety4sea.
Crew Rescued
On January 12, 2025, a Malaysian-flagged tanker...
Russian Oil Sanctions Disrupt Global Market: Middle East Crude Demand Surges
The imposition of new US and UK sanctions on Russian crude oil led to a significant increase in Asian crude oil prices and spreads....
Panama Tightens Scrutiny Of Seafarer Documentation: New Circular Issued
The Panama Maritime Authority has issued a circular (MMC-344) outlining restrictions on the recognition of seafarer documentation issued by certain other maritime administrations. This...
Van Oord Marks Delivery of Offshore Vessel Boreas
Boreas offshore vessel handed over to Van Oord in China.
Designed for installing 20 MW wind turbines, lifting over 3,000 tonnes.
Methanol-powered, with...
Outlook for FBX Index in January 2025
Spot rates rise across all routes due to Chinese economic stimulus and anticipation of Chinese New Year in January 2025.
US and Europe...
Fire Breaks Out on Vessel in Campos Basin with Crew Rescued
A fire broke out on an anchor handling vessel in the Campos Basin on 8th January.
The fire was extinguished after 12 hours,...
Josephides Succeeds Kazakos at Cyprus Chamber
Alexandros Josephides replaces Thomas Kazakos as director general of the Cyprus Shipping Chamber.
Josephides has 30 years of experience and aims to boost...