Red Sea Missile Attack and Black Sea Explosive Incident Signal Growing Risks
First confirmed Houthi missile attack in the Upper Red Sea targets Liberia-flagged tanker Scarlet Ray.
Belize-flagged NS Pride damaged by an explosive device...
2025 Update: Ammonia Fuel Adoption in the Maritime Industry
Ammonia engine technology has matured, with 39 newbuilds on order by 2025, led by ammonia carriers.
Ammonia requires nearly three times the storage...
Syria Oil Exports Resume With First Crude Shipment in 14 Years From Tartus
Syria exported 600,000 barrels of heavy crude from Tartus, its first official shipment since 2010.
The oil was sold to B Serve Energy...
Cefor: Fires Dominate Major Losses and Claims in 2025
Cefor, the Nordic Association of Marine Insurers, has issued its 2025 Mid-year Hull Report, highlighting the most common and major causes of losses for...
Turkey Implements Strict Restrictions on Vessels with Israeli Affiliation
Omur Marine highlights that, in light of recent developments, several restrictive measures affecting vessels calling at Turkish ports and engaging in trade with Israel...
Shipping Giants See Profits Slide as Margins Drop Below 20%
According to Alphaliner, the average operating margin for the nine largest container shipping companies dropped to 18.1% in Q1 2025—marking the lowest level in...
New Circular Updates on Vessel Requirements for China & Taiwan
Effective March 31, 2025, vessels with connections to Mainland China, Hong Kong, or Macau will be subject to a national security review when applying...
Oman to Establish Middle East’s First Green Ship Recycling Hub
Oman is set to establish the first integrated green ship recycling facility in the Middle East, a move aimed at supporting the country’s 2050...
Hafnia to Acquire 14.45% Stake in TORM for $311M
Tanker operator Hafnia Limited has reached an agreement to purchase approximately 14.1 million A shares in TORM plc, representing about 14.45% of TORM’s issued...
Lessons Learned: Overboard Incident During Draught Mark Check
A bulk carrier incident was reported by Marine Insight, in which a deck officer fell overboard while checking draught marks during cargo loading. The...
- Advertisement -
RECOMMENDED VIDEOS
