10 OCT 2026 The maritime industry entered 2026 with less regulatory certainty than it had a year earlier, not more. The most consequential piece of global shipping regulation of the decade, the International Maritime Organization’s Net-Zero Framework, was agreed in principle in 2025: a global fuel standard that lowers the …
Read More »U.S. HITS CHINESE-OWNED FREIGHTER, CLAIMING IT RAN BLOCKADE ON IRAN
11 OCT 2026 For the first time in weeks, U.S. forces have used kinetic methods to disable a ship in the Gulf of Oman for allegedly running the American blockade on Iran. On Saturday, an American fighter jet struck the stern of the freighter Ocean Molica. The crew were uninjured and …
Read More »MORE TANKERS STRUCK AS IRGC EXPANDS THREAT AGAINST NON-COMPLIANT VESSELS
Plotting of recent attacks as the rate has escalated (JMIC) 09 OCT 2026 The Islamic Revolutionary Guards Corps Navy issued a statement on Friday, taking credit for a series of recent attacks on tankers, saying it was increasing enforcement on non-compliant vessels and the range of strikes. This came as …
Read More »HD HYUNDAI DELIVERS WORLD’S FIRST “LASHING-FREE” CONTAINERSHIP TO CMA CGM
First vessel to use the new Lashing-Free system was recently delivered to CMA CGM (HD Hyundai) 08 OCT 2026 South Korean shipbuilding group HD Hyundai is reporting the delivery of its first container vessel using the company’s newly developed “Lashing-Free” system that eliminates the need for workers to manually secure …
Read More »JAPAN LAUNCHES FIRST VESSEL SANCTIONS IN SUPPORT OF UKRAINE
Japan sanctioned 31 tankers in its first ever vessel specific sanctions 07 OCT 2026 The Japanese government announced a package of sanctions at the end of last week designed to target Russian trade, which included its first-ever vessel sanctions. According to the government, it was imposed for the purpose of …
Read More »ROMANIA RESCUES 11 SEAFARERS AND 2 DECEASED FROM TURKISH VESSEL
Turkish grain ship sinking after being hit by two drones 07 OCT 2026 Romanian officials are reporting a complex rescue operation in the Black Sea while also condemning the attacks on civilian ships. It reported that a total of 11 seafarers were saved on Monday from a Turkish vessel carrying …
Read More »STRONG FREIGHT MARKETS KEEP AGING SHIPS OUT OF RECYCLING YARDS
06 OCT 2026 Strong freight markets kept aging vessels trading through the third quarter despite rising scrap prices and strong demand from ship recyclers, according to a new market review from GMS, the world’s largest cash buyer of ships for recycling. The ship recycling market entered the quarter looking ripe …
Read More »IRAN KEEPS UP PACE OF STRIKES WITH ATTACK ON BRAND NEW LR2 TANKER
Iran’s low-cost attack drones have played a prominent role in its campaign to restrict Hormuz traffic 06 OCT 2026 On Sunday (04th Oct), Iran hit another tanker in the Strait of Hormuz, extending a fast-paced run of attacks on the “shuttle” shipping trade between Gulf oil producers and the STS …
Read More »ITF CALLS FOR PANAMA CANAL TO ADDRESS FATIGUE FOLLOWING TUG CAPTAIN’S DEATH
05 OCT 2026 Captain of a tug died at the Panama Canal while working extended shifts. The issue of fatigue among tug operators at the Panama Canal is again attracting attention after the captain of a tugboat is said to have died due to a grueling work schedule. The International …
Read More »LNG PRICES FALL FROM 2026 HIGHS
04 OCT 2026 In a development which has surprised even traders in the London LNG commodities market, prices for LNG have been falling and come off year-long peaks in recent days, despite there being no agreement on a return to normality in the Strait of Hormuz. With vessels navigating with …
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