US Targets Iran-Iraq Oil Blending in New Sanctions

The US imposed sanctions on a UAE-based businessman and his network for disguising Iranian oil as Iraqi to evade restrictions. Nine Liberia-flagged tankers...

Shadow Fleet Grows to Sustain Sanctioned Oil Trade

Nearly 19% of global tanker capacity is tied to clandestine operations moving Russian, Iranian, and Venezuelan oil. Shadow fleets—old, uninsured, and often operating...

Houthis Claim Attack on Container Ship for Alleged Israeli Ties

In a televised address on September 2, Houthi military spokesperson Brig. Gen. Yahya Saree announced that the Yemeni Armed Forces used a cruise missile...

[Watch] Tugs Race to Secure Containership After Mooring Lines Break

On August 27, 2025, a container ship named the Vincente Pinzon broke free from its moorings at the Port of Itajaí, Brazil's second-largest port....

Höegh Autoliners and Port of Gothenburg Partner for a Greener Maritime Future

Höegh Autoliners has named its sixth Aurora-Class vessel, the Höegh Moonlight, in a ceremony at the Port of Gothenburg, Sweden. The vessel was sponsored...

Navigating the Future: MOL’s Strategic Expansion into Indian Shipbuilding

Mitsui O.S.K. Lines (MOL), a major Japanese shipping company, is in discussions with the Indian government and local shipyards to build vessels in India....

Weakening Fundamentals Pressure Capesize and Panamax Rates

The dry bulk shipping market has softened across most segments this week, with Capesize and Panamax vessels facing downward pressure due to cautious sentiment,...

Tanker Market Rallies As VLCC and Suezmax Rates Surge Amid Tight Supply

The global tanker market is experiencing a significant surge in rates across all segments, driven by high demand and tightening vessel supply. The market...

Russian Diesel Exports Drop 6% In August Amid Drone Strikes On Refineries

Russia’s seaborne diesel and gasoil exports fell by 6% in August to around 3.1 million metric tons as intensified Ukrainian drone strikes disrupted production....

IUMI Updates Guidance On Safe Carriage Of Electric Vehicles At Sea

The International Union of Marine Insurance (IUMI) has released an updated version of its guidance on transporting electric vehicles (EVs) by sea, titled “Risk...