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 delivery of the M/T P. Bel Air (formerly “Eco Bel...

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 organisation has released a six-part training series to help address...

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 confirmed that there are armed personnel in military uniforms aboard...

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 of the International Maritime Organisation, Mr. Arsenio Dominguez, has released...

Capesize segment outperforms on bauxite and iron ore demand. Chinese stockpiling underpins freight strength. Fleet expansion raises oversupply risks across segments. The dry bulk freight market has surprisingly picked up steam in recent weeks,...

Masters must report container losses without delay. Drifting container sightings now require mandatory reporting. Standard reporting format added under SOLAS Chapter V. Starting from January 1, 2026, there will be some important updates to...

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 Maritime has just received a significant boost with investment grants...

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 higher mid-week as fresh geopolitical action increased uncertainty around seaborne...

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 with HSG Sungdong Shipbuilding Co. in recent months. The cooperation...

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 as major concerns for cargo owners. Demand for advanced cargo...