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 the afternoon of the 20 May 2025, the pumpman of...

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 to weeks of market speculation and reinforcing the yard’s position...

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 vessel-tracking data. Decline in Tanker Activity Tracking data shows that the number...

Maritime consultancy Drewry expects crude tanker markets to outperform product tankers in 2026 due to slower crude fleet growth and the potential support from higher inventories, including floating storage. The outlook was presented at Drewry’s...

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...