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 »THE HONG KONG CONVENTION IS HERE, BUT COMPLIANCE ALONE WILL NOT SAVE IT
10 NOV 2025 Three months after the Hong Kong Convention (HKC) came into force, the ship recycling industry looks much the same. The yards remain busy, the paperwork continues to grow, and the sweeping reform promised by the Convention has yet to take shape. This slow start is no surprise. …
Read More »THREE KILLED IN MALAYSIA AS MAERSK MANAGES FIRES ON TWO SHIPS
09 NOV 2025 A fire aboard a containership alongside in Malaysia’s Port of Tanjung Pelepas (PTP) was fatal, killing three and injuring three more, reports Malaysia’s State Fire and Rescue Department. This fire, along with an ongoing incident on another Maersk ship in the United States, again highlights the dangers …
Read More »LIVESTOCK CARRIER STRANDED OFF TURKISH COAST AS ACTIVISTS DEMAND ACTION
08 NOV 2025 Residents are complaining of odors, and animal rights groups are protesting the situation, as Turkish officials continue to deny the offloading of a livestock carrier for more than two weeks. Problems with the documents for the animals aboard have caused the ship to become stranded, while the …
Read More »SPANISH SPECIAL FORCES LIBERATE GREEK TANKER AFTER PIRATE ATTACK
07 NOV 2025 The Greek-owned tanker Hellas Aphrodite was liberated on the afternoon of November 7, more than 24 hours after the vessel was boarded by pirates off the coast of Somalia. EUNAVFOR Atalanta reports that the 24 crewmembers are safe, having been able to remain in the vessel’s citadel, …
Read More »KOREAN TEAM TESTS AI-POWERED AUTOMATIC FIREFIGHTING SYSTEM ABOARD SHIP
06 NOV 2025 South Korean researchers have developed an advanced AI-powered firefighting system that can independently identify a petroleum fire, activate, and concentrate the discharge of firefighting foam at the blaze. The team believes that it is the only system of its kind to successfully complete both shoreside and shipboard …
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