Nordic MiL Project To Create Digital Simulation Platform For Future Maritime Systems

With support from the Swedish Energy Agency, a new simulation initiative is being launched to help maritime stakeholders test future vessels, operations, and energy systems before real-world deployment. The Nordic Model-in-the-Loop (MiL) project aims...

Anemoi To Install Rotor Sails On Union Maritime’s Newbuild Chemical Tankers

Anemoi Marine Technologies, the UK-based leader in wind-assisted ship propulsion, has secured a contract to install Rotor Sails on two newbuild chemical tankers for Union Maritime Limited. The vessels, currently under construction in China,...

Bahri Joins WAVE Initiative to Advance Ocean Regeneration And Sustainable Shipping

Bahri, Saudi Arabia’s leading shipping and logistics company, has joined the WAVE initiative, a global Collective Action Platform dedicated to achieving ocean regeneration within a human generation. Launched in October 2023 under the aegis...

Armed Robbery Incidents Reported in Singapore Strait as Abduction Threat Remains Low

Incidents occurred in the Singapore Strait TSS. No injuries reported, minor theft recorded. Crew abduction threat remains low in the Sulu-Celebes Seas. During the week of December 9 to 15, two armed robbery incidents...

FuelEU Maritime May Take Effect in Norway from January 2026

Norwegian legal amendments under consultation. EEA incorporation is still pending. Authorities warn of a possible short-notice start. Regulation (EU) 2023/1805, commonly referred to as FuelEU Maritime, officially took effect across the European Union on...

Stranded Tanker Safely Prepared for Towing off Bulgarian Coast

Towing operation initiated toward Burgas. Environmental monitoring shows no pollution. Enhanced surveillance to continue in Black Sea. Authorities have announced that the efforts to secure and prepare a stranded tanker off the coast near...

VLCC Market Steady into Year-End, Momentum Still Elusive

West Africa remains quiet with limited visibility. December cargoes are largely covered, while January remains wide open. OPEC+ maintains bullish 2026 demand outlook. As we approach mid-December, VLCC activity in the Arabian Gulf has...

Russia Oil Exports Pile Up at Sea as Prices Slide

Floating glut hits 2.5-year high. Prices fall, export revenues stagnate. India's imports are seen dropping sharply. Russia is ramping up its crude oil shipments onto tankers at an unprecedented rate, but many of these...

LNG Shipping Index Rebounds as Volatility Builds

The UP World LNG Shipping Index rebounded 1.03% to 162.37 points, recovering from last week’s long-term support test, while the S&P 500 declined 0.63%. However, the recovery remains tentative—UPI sits just above critical support...

Xclusiv Shipbrokers: 580 Tankers to Exceed 25 Years of Age in 2026

The global tanker fleet is entering 2026 under mounting structural pressures as aging tonnage intensifies supply constraints, reports Safety4sea. While headline fleet numbers continue to show moderate growth, the underlying age profile of vessels paints...