News Flash

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Launch by the IAPH data collaboration committee of its cyber resilience guidelines for emerging technologies in the maritime supply chain

Categories: News Flash

Date: Jun 20, 2025

A dedicated IAPH working group operating under the data collaboration committee (DCC) has prepared a...

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London P&I Club reports another strong financial year as sustained positive performance brings greater levels of stability

Categories: News Flash

Date: Jun 20, 2025

The London P&I Club has today announced its financial results for 2024/25, reporting an operatin...

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New Tideworks Survey Reveals Need for Practical Data Accuracy and Connectivity at Marine Terminals

Categories: News Flash

Date: Jun 20, 2025

A new global survey from Tideworks Technology (Tideworks), a full-service provider of comprehensive ...

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KR Teams Up with Leading Shipbuilders and Korea Testing & Research Institute to Develop International Standards for Ammonia Effluent Discharge

Categories: News Flash

Date: Jun 20, 2025

KR (Korean Register) has officially launched a joint working group to establish international standa...

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Iran accuses Israel of ‘endangering’ maritime safety, violating IMO treaties

Categories: News Flash

Date: Jun 20, 2025

Israel has jeopardized maritime safety by attacking Iranian energy structures along the Persian Gulf...

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Vessels awaiting clarity before entering Strait of Hormuz: security analysts

Categories: News Flash

Date: Jun 20, 2025

As the conflict between Israel and Iran continued into a sixth day, vessels are increasingly waiting...

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IMO, ILO, ICS, ITF unite in call to protect seafarers against criminalization

Categories: News Flash

Date: Jun 20, 2025

Seafarers detained in connection with their professional duties must be treated fairly and with dign...

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Iran-Israel conflict and the Strait of Hormuz: Charterparty implications

Categories: News Flash

Date: Jun 20, 2025

Introduction: the Hormuz Strait and its significance The world is still reacting to the dramatic ...

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At G7, PM Modi Condemns Terror Double Standards, Calls Pahalgam Attack ‘Assault on Humanity’

Categories: News Flash

Date: Jun 19, 2025

NEW DELHI: Prime Minister Narendra Modi used his address at the G7 outreach session to deliver a sha...

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CMT Urges Urgent Shift To Advanced Monitoring As Machinery Failures And Fires Increase

Categories: News Flash

Date: Jun 19, 2025

The maritime industry is facing a sharp rise in machinery failures and engine-room incidents that mo...

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Former Iranian minister calls for Iranian control over Strait of Hormuz

Categories: News Flash

Date: Jun 19, 2025

Former Iranian Economy Minister Ehsan Khandouzi has said that tankers and LNG cargoes should only tr...

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HSFO premium dips further while VLSFO holds steady

Categories: News Flash

Date: Jun 19, 2025

Spot premiums for high sulphur fuel oil (HSFO) fell for a second straight day in Asia, while very lo...

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Gard leads hull cover for vessel involved in collision near Strait of Hormuz

Categories: News Flash

Date: Jun 19, 2025

Gard is the lead insurer on the hull cover for oil tanker Front Eagle, which caught fire after a col...

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Strait of Hormuz oil flows at risk amid Israel-Iran tensions

Categories: News Flash

Date: Jun 19, 2025

The Strait of Hormuz is a key waterway that lies between Oman and Iran, and connects the Persian Gul...

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Rapid WAPS uptake driven by stricter emission regulations and industry innovation, DNV says

Categories: News Flash

Date: Jun 19, 2025

DNV’s whitepaper explores the design and operational factors influencing WAPS fuel savings and pro...

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Marine war risk rates increase to 0.7% for Israel following Iran escalation

Categories: News Flash

Date: Jun 19, 2025

Marine war risk rates for ships transiting Israeli waters have spiked to around 0.7% following the e...

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Oil tanker market signals more Middle East energy disruption ahead

Categories: News Flash

Date: Jun 19, 2025

While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil...

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Global dry bulk fleet set to drop 22% in young tonnage by 2028

Categories: News Flash

Date: Jun 19, 2025

The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the...

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Middle East Tensions Further Hurt Ship Recycling Activity

Categories: News Flash

Date: Jun 19, 2025

The ship recycling market was further hampered by the developments of the past week and the escalati...

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Ocean Network Express strengthens global capacity as latest newbuilding, ONE Singapore, joins fleet

Categories: News Flash

Date: Jun 18, 2025

Ocean Network Express (“ONE”) announced today the naming of ONE Singapore, the sixth vessel in a...

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EU readies ban on Russian gas imports by end of 2027

Categories: News Flash

Date: Jun 18, 2025

The European Commission is set to propose on Tuesday a ban on EU imports of Russian gas and liquefie...

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Three scenarios for the Israel-Iran crisis and the impact on the global economy

Categories: News Flash

Date: Jun 18, 2025

The global petrochemical industry, as a first flagged up in early 2022 and discussed again last week...

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China builds a crude oil war chest amid Middle East tensions

Categories: News Flash

Date: Jun 18, 2025

China is continuing to build up crude oil stockpiles as it refines substantially less than what it h...

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KR and HD Hyundai Samho Join Forces to Bring AI into Ship Design

Categories: News Flash

Date: Jun 18, 2025

KR (Korean Register) signed a memorandum of understanding (MOU) with HD Hyundai Samho on June 11 to ...

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Threatened closure of the Straits of Hormuz

Categories: News Flash

Date: Jun 18, 2025

The UK Maritime Trade Operations (UKMTO) warned of rising tensions in the Gulf Region and urged vess...

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Asian tanker freight hits 2025 highs as Israel-Iran tensions spark fears of ship attacks

Categories: News Flash

Date: Jun 18, 2025

Asian tanker freight rates rose to year-to-date highs on June 17, as owners secured significant war ...

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Geopolitical Spillover: Assessing the Impact of Iran-Israel Tensions on the Tanker Shipping Industry

Categories: News Flash

Date: Jun 18, 2025

Escalating tensions between Iran and Israel are analyzed for their potential effects on global energ...

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More Newbuilding Contracts for Dry Bulk Carriers

Categories: News Flash

Date: Jun 18, 2025

Ship owners were quite active in the dry bulk newbuilding market last week. In its latest weekly rep...

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Impact Of Hypothetical Closure Of The Strait Of Hormuz On Multipurpose Shipping

Categories: News Flash

Date: Jun 18, 2025

The closure of the Strait of Hormuz is highly unlikely due to its crucial role in connecting Gulf Co...

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IMRF and Lloyd’s Register Foundation partner to lead a strategic review of global maritime search and rescue systems

Categories: News Flash

Date: Jun 17, 2025

The International Maritime Rescue Federation (IMRF), in partnership with Lloyd’s Register Foundati...

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Pacific Basin Enhances Fleet Operations And Crew Welfare With Inmarsat Nexuswave

Categories: News Flash

Date: Jun 17, 2025

Inmarsat Maritime, a Viasat company, has signed an agreement with Pacific Basin Shipping Limited, on...

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Cargo Integrity Group highlights cargoes that can compromise supply chain safety

Categories: News Flash

Date: Jun 17, 2025

In addition to promoting sound packing and shipping practices, the Cargo Integrity Group aims to inc...