Society of Master Mariners' Bangladesh Maritime professionals knowledge sharing

14 SEPT 2026 A tightening Panama Canal is once again forcing shipowners to weigh longer routes around South America, but the Swedish Club is warning that Cape Horn and the Strait of Magellan are far from straightforward substitutes. In a new member alert, the marine insurer said worsening water conditions …

13 SEPT 2026 The cost of hiring an oil tanker on the industry’s benchmark trade route topped $1 million a day for the first time, as the Iran war leaves too few ships willing to cross the Strait of Hormuz to collect cargoes. Vessels hauling oil from inside the Persian …

12 SEPT 2026 The World Shipping Council is urging governments to close what it says is a dangerous loophole in international shipping rules that can allow containers packed with thousands of lithium batteries to move without carriers knowing they are onboard. The issue centers on Special Provision 188 of the …

09 SEPT 2026 Finland detaiend the cargo ship accusing it of causing damage by dragging its anchor. Finnish prosecutors are back in court seeking to hold a captain and a boatswain from a cargo ship responsible for dragging the vessel’s anchor across the Gulf of Finland and damaging critical undersea …

09 SEPT 2026 Finland detaiend the cargo ship accusing it of causing damage by dragging its anchor. Finnish prosecutors are back in court seeking to hold a captain and a boatswain from a cargo ship responsible for dragging the vessel’s anchor across the Gulf of Finland and damaging critical undersea …

06 SEPT 2026 Ilya Espino de Marotta speaks during her inauguration as Administrator of the Panama Canal on September 7, 2026. She is the first woman to lead the waterway. Ilya Espino de Marotta took office Monday as Administrator of the Panama Canal, becoming the first woman to lead the …