Geopolitical Disruptions and Maritime Risk Shifts in Q2 2025
Vessel sanctions and deceptive shipping practices intensified, with expanded enforcement across sectors and a sharp rise in false flag registrations, particularly in the Netherlands Caribbean, Guyana, and Eswatini.
GPS jamming incidents surged globally,...
Skuld CEO Calls for Action on Expanding Shadow Fleet Operating Without Proper Insurance
The CEO of Skuld, Ståle Hansen, has amplified concerns within the shipping industry regarding the rapid expansion of the "shadow fleet"—hundreds of tankers operating with inadequate insurance and maintenance. These vessels primarily serve sanctioned...
Shipping Traffic Undeterred in Red Sea, But Analysts Point to Strategic Timing of Houthi...
Despite recent attacks by a militant group in the Red Sea, transits through the Bab el Mandeb strait remain at normal levels. This suggests that the majority of vessels using this crucial chokepoint are...
Hull Block Collapse at Marugame Factory Injures Seven Shipyard Employees
An accident occurred at Marugame Factory in Marugame City, Kagawa Prefecture, Japan, on Saturday, July 12, 2025, at approximately 11:56 a.m.
Details of the Accident
The incident, which occurred at a major shipyard's Marugame Factory, involved...
VLCC Market at a Crossroads: Short-Term Gains Countered by Geopolitical Risks
The Very Large Crude Carrier (VLCC) market continues to be highly susceptible to a confluence of external shocks, creating a volatile environment for owners and charterers alike.
Short-term Momentum and Regional Divergence
The VLCC market is...
Maritime Nuclear Gains Traction at Historic European Summit in London
CORE POWER hosts the largest-ever summit on nuclear energy for maritime at IET London.
Global leaders stress nuclear’s geopolitical and climate urgency for shipping.
2025 marked as the turning point for maritime nuclear...
Baltic-India Russian Oil Freight Rates Dip as Tanker Supply Rises
Freight rates for Russian oil shipments from the Baltic Sea ports to India have experienced a decline in July and August. This downward trend is primarily attributed to an increased availability of tankers in...
Djibouti Launches Africa’s First Carbon Pricing Scheme for Shipping
Djibouti introduces Africa’s first national carbon pricing mechanism for international shipping.
The simple yet impactful registry could influence other African nations, with Gabon expected to follow.
The initiative reflects a broader trend of...
Commercial Operators Grapple with Annual Compliance Uncertainty Under FuelEU Maritime
The introduction of the EU Emissions Trading System (EU ETS) and FuelEU Maritime regulations has undeniably brought significant shifts and complexities to the maritime industry. While a great deal of the industry's initial focus...
Malaysia Cracks Down On Illegal Ship-to-Ship Oil Transfers With Stricter Maritime Enforcement
Malaysia is set to implement a new regulation by the end of July 2025 to tighten enforcement against illegal ship-to-ship (STS) oil transfers within its territorial waters.
The move, announced by Foreign Minister Datuk Seri...