LATEST ARTICLES

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...

SOLAS Updates Container Loss Reporting Rules from 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...