19 NOV 2025 The Suez Canal Authority (SCA) is optimistic that transits are gradually returning to normal after the canal witnessed the passage of three mega ships operated by CMA CGM in a span of one week. Just a day after the UN Security Council overwhelmingly voted to renew sanctions …
Read More »HEAVYWEIGHT SHIPOWNERS CALL FOR DECARBONISATION PRAGMATISM
18 NOV 2025 A panel of leading shipowners called for the International Maritime Organization (IMO) to take a pragmatic approach to regulating the shipping industry’s greenhouse gas emissions, warning that there would be global economic consequences for getting it wrong. Decarbonisation may take longer than hoped for, but the stakes …
Read More »UKRAINE HITS NOVOROSSIYSK, KNOCKING OUT 2% OF GLOBAL OIL SUPPLY
17 NOV 2025 Russia’s Black Sea port of Novorossiysk temporarily suspended oil exports – equivalent to 2.2 million barrels per day, or 2% of global supply – on Friday, according to industry sources, after a Ukrainian missile and drone attack. The attack was one of the biggest on Russian oil-exporting infrastructure in …
Read More »SEAFARERS BOOST PHILIPPINES’ ECONOMY BY $17B PER YEAR
16 NOV 2025 The Philippines prides itself as a leading shipping nation, with its seafarers representing more than a quarter of the world’s maritime workforce. However, the economic impacts of the manning industry on the country’s economy has largely remained a matter of conjecture. A new study is now creating …
Read More »IRAN SEIZES OIL TANKER OFF UAE COAST AMID ESCALATING GULF TENSIONS
15 NOV 2025 Iranian Revolutionary Guard Corps naval forces have seized the Marshall Islands-flagged oil tanker TALARA approximately 20 nautical miles east of Khawr Fakkan in the United Arab Emirates, according to reports from the UK Maritime Trade Operations office and maritime security analysts. The incident, which occurred in the …
Read More »MIDEAST RECLAIMS KEY ROLE IN VLCC MARKET AS OPEC+ REOPENS THE TAP
15 NOV 2025 As the global VLCC community gathers in Dubai for Bahri Week, all eyes are once again on OPEC and Middle East production policy. OPEC+ members, led by Saudi Arabia, have begun unwinding their voluntary production cuts, and the return of supply is reshaping momentum across both oil …
Read More »GUINEA’S GIANT IRON ORE MINE BEGINS LOADING ITS FIRST SHIPMENT
14 NOV 2025 The largest new iron ore mining project in years, Simandou, has just dispatched its first ore shipment. Simandou is a massive integrated mining, rail and seaport venture carried out by an international consortium, and is the biggest project of its kind ever built in Africa. It will …
Read More »GEN HYDRO
13 NOV 2025 Hydrogen is a promising alternative fuel for the next generation of marine power. Technological innovation and collaboration across stakeholders are ensuring that the industry’s existing and future infrastructure is capable of supporting the clean energy transition safely and effectively. The maritime world has long been defined by …
Read More »ANEMOI FITS OUT A VALEMAX BULKER WITH FIVE ROTOR SAILS
12 NOV 2025 The push to cut shipping emissions through wind assisted propulsion continues to gain traction after Anemoi Marine completed the installation of five rotor sails on the very large ore carrier (VLOC) NSU Tubarao, a vessel operated by Brazilian mining giant Vale International. Built by Japan Marine United, the …
Read More »AS VLCC MARKET SURGES, AGILITY IS THE NEW STABILITY
11 NOV 2025 The VLCC market is currently booming and driving shipping’s strongest earnings performance in over two years. Spot earnings are reaching $100,000 per day on key routes and analysts suggest this surge could reshape tanker deployment strategies well into 2026. Freight markets have surged, powered by a buoyant …
Read More »