Fatal Mooring Accident Onboard Tanker

HM Government of Gibraltar has issued an investigation report into the fatal mooring accident on 20 May 2025 aboard the Gibraltar-registered tanker Nisyros. The incident On...

CMI Qingdao Secures Major Newcastlemax Bulk Carrier Order

China Merchants Shipbuilding Industry Group’s Qingdao shipyard has confirmed a significant newbuilding contract for the construction of four Newcastlemax bulk carriers, bringing an end...

Oil Tanker Traffic to Venezuela Falls After Seizure and Sanctions

Oil tanker movements to Venezuela have declined in recent weeks following heightened U.S. enforcement actions against the country’s oil trade, reports Platts according to...

Drewry Expects Crude Tankers to Outpace Product Tanker Sector

Maritime consultancy Drewry expects crude tanker markets to outperform product tankers in 2026 due to slower crude fleet growth and the potential support from...

Performance Shipping Takes Early Delivery of First Suezmax Tanker M/T P. Bel Air

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has taken...

Cold Weather Procedures at Sea Fall Short, Says MarinePALS

MarinePALS has issued a warning that many cold weather procedures in the shipping industry still fail to reflect the realities crews face on deck. The...

Sweden Confirms Armed Personnel Aboard Russia Shadow Fleet Tankers

First official NATO-linked acknowledgement of active protection. Russian naval presence expands across Baltic Sea lanes. Private security firms suspected onboard tankers. Sweden’s Navy has...

IMO Secretary-General Urges Protection of Shipping in Black Sea

Call issued to protect seafarers and merchant shipping. Warning over rising environmental risks. IMO offers support for negotiations to keep trade moving. The Secretary-General...

Dry Bulk Freight Market Strength Driven by Temporary Factors

Capesize segment outperforms on bauxite and iron ore demand. Chinese stockpiling underpins freight strength. Fleet expansion raises oversupply risks across segments. The dry bulk...

New Reporting Requirements for Containers Lost at Sea Starting 2026

Masters must report container losses without delay. Drifting container sightings now require mandatory reporting. Standard reporting format added under SOLAS Chapter V. Starting from...