Dubai Enforces AIS Use for All Vessels at Port Entry and Exit
DPA Mandates Continuous AIS Operation Across All Vessel Types.
Strict AIS Compliance Required at All Dubai Ports.
Non-Compliance with AIS Rules May Lead to Fines, Warns DPA.
The Dubai Ports Authority (DPA) has made...
Dry Bulk Market Holds Steady Without Clear Momentum
Summer Gathering Marked by Cautious Sentiment.
Freight Rates Higher Than 2023, But Momentum Missing.
No Catalyst Yet for a Late-Year Rally.
As the Hellenic Shipbrokers Association comes together for its summer dinner, the atmosphere...
Crew Rescued After Drone and Missile Attack in Red Sea
Red Sea Assault Forces Crew to Abandon Bulk Carrier.
Maritime Attack Mirrors Houthi Tactics, Says Security Firm.
Fire and Flooding Hit Vessel After Multi-Phase Assault.
A crew aboard a bulk carrier in the Red...
Tanker Crewman Jailed for Modifying Mask Linked to Colleague’s Death
Improper SCBA Mask Alteration Leads to Fatal Exposure.
Pump Master Jailed After Unsafe Mask Modification Causes Death.
Tanker Worker Suffocates in Naphtha Tank During Unsafe Cleaning Operation.
A 40-year-old crew member, Mr. Hoang Van...
Seatrium Deepens Partnership with Karpowership’s Kinetics
Singapore-based Seatrium Limited (the Group) has announced that it has secured a contract for the conversion of a Floating Storage Regasification Unit (FSRU) from Kinetics. This award represents a significant win for Seatrium and...
Fire Erupts Aboard Decommissioned Supertanker at Aliağa Port
On Thursday, July 3, 2025, a fire broke out aboard the decommissioned supertanker while it was undergoing dismantling at the Simsekler shipbreaking yard in the Aliağa Port of İzmir, Turkey.
Immediate Response
A decommissioned supertanker caught...
Panama Canal Sees 30% Increase in Transits, Plans Water Sustainability and Logistics Hub Expansion
During his keynote address at the 10th International Financial Summit, Minister for Canal Affairs José Ramón Icaza provided a comprehensive overview of the Panama Canal's significant role in global trade and national development, under...
Volatile First Half of 2025: US Policy, Sanctions, and War Shape Tanker Markets
The return of President Trump triggered a wave of trade and geopolitical tensions impacting global tanker dynamics.
Sanctions on Russia, Venezuela, and Iran have realigned trade flows and temporarily spiked freight demand.
Market...
Despite Voluntary Cuts Unwinding, OPEC-8 Crude Exports Lag Expectations as Global Inventories Swell
Global crude and condensate exports have demonstrated a consistent upward trend since September of last year, a surge primarily propelled by an increase in exports from OPEC+ nations. In contrast, exports from non-OPEC+ producers...
Hansalink 3 Project to Electrify Ports of Helsinki and Lübeck-Travemünde
The European Commission (EC) has awarded €22 million in co-funding to the Hansalink 3 project, an initiative specifically designed to enhance the vital maritime corridor connecting the Port of Helsinki in Finland and the...