Intoxicated Russian Captain Crashes Freighter into Moored Ship at Bremen Port
A Russian ship captain struck a moored vessel while trying to leave the port of Bremen, Germany, on Thursday evening. The accident happened at...
Navigation Error Suspected in Tanker Collision Near the Strait of Hormuz
A very large crude carrier (VLCC) and a Suezmax tanker collided approximately 15 nautical miles off the coast of Fujairah in the early hours...
Impact of Hypothetical Closure of the Strait of Hormuz on Multipurpose Shipping
Israeli Strikes on Iran Raise Regional Shipping Concerns.
Gulf Economies Depend Heavily on Strait for Breakbulk Imports.
War Risk Premiums May Surge if...
Russian Oil Freight Rates to India Ease Further, Proposed EU Curbs may Reverse Trend
Shipping Costs Fall to $5.5–$5.7 Million from Baltic Ports.
Urals Crude Stays Below $60 Cap, Attracting Western Shipowners.
EU Proposes New Sanctions, Eyes...
KR and HD Hyundai Samho Sign MoU for AI-Driven Ship Design
Partnership Targets AI-Based Innovation in Shipbuilding.
AI to Automate Hull Support Optimisation and Analysis.
Generative AI System to Streamline In-House Design Verification.
On June...
Cargo Integrity Group Flags Fire Risks from Reactive Hazard Cargoes
Calcium Hypochlorite, Charcoal, and Cotton Identified as High-Risk Cargoes.
New Charcoal Transport Rules to Become Mandatory by January 2026.
Lithium-Ion Battery Hazards Expected...
Port of LA Sees 5% Drop in May Cargo Volume
Imports Fall 19% from April Despite Peak Season Build-Up.
May Marks Lowest Monthly Cargo Output in Over Two Years.
Tariffs Blamed for Disruption...
Why Iran Won’t Block the Hormuz Strait Oil Artery Even as War with Israel...
The Strait of Hormuz remains open and commercial vessel traffic continues to flow despite reports of electronic interference in the region.
Israel struck Iran’s nuclear...
Norway’s Enova Backs “World’s Largest” Battery-Electric Containerships Project
Enova, the Norwegian government enterprise responsible for promoting environmentally friendly energy and climate solutions, has announced a significant funding commitment of NOK 362 million...
Middle East Conflict Rattles Tanker Markets: Freight and Insurance Costs Set to Surge
The escalating tensions between Israel and Iran, culminating in the recent air strikes and retaliatory threats, will undoubtedly have a significant and multifaceted impact...