World.
IMO Secretary-General mourns seafarers killed during rescue of hijacked ship
While three hijacked vessels have been freed after months in captivity, five seafarers have reportedly died in the crossfire of rescue operations. IMO Secretary-General Arsenio Dominguez has expressed his condolences and reiterated his tireless call on the international community to do more to protect seafarers, following reports of the deaths of five crew members during an operation to free…
Iran warns of maritime exclusion zone, strikes on U.S. Gulf energy assets
Iran threatened to respond to U.S. “economic warfare” with a maritime exclusion zone across the Persian Gulf, while Iranian-backed Houthi attacks on Saudi Arabia escalated tensions around regional…
China’s strong trade growth continues, driven by tech demand
Tech continues to power impressive export strength China’s exports grew by 25.0% year-on-year in August, up from 23.9% in July and broadly in line with market expectations (market: 25.9%, ING:…
Capesize in Focus — C3 at a Multi-Year High as Ordering Accelerates
The Capesize market strengthened sharply over the week, led by sustained momentum in the Atlantic. The Baltic Capesize Index (BCI) rose by 950 points to 6,286, while average C5TC earnings increased…
Hormuz disruption to keep oil prices firm; $100/bbl risk looms: Analysts
Crude oil prices are likely to remain elevated in the near term as disruptions to flows through the Strait of Hormuz have triggered a sharp drawdown in global inventories, even as the outlook beyond…
GCMD outlines practical approach to quantity assurance in marine biofuel supply chains
As marine biofuel use scales, quantity assurance must account for both the delivered volume and its renewable fraction. GCMD proposes a practical approach to distinguish normal measurement variation…
Maryam Shipmanagement rebrands to MSM and moves to new Dubai headquarters
Maryam Shipmanagement adopts MSM as its new corporate identity and relocates its Dubai headquarters to new premises in Jumeirah Lakes Towers. The change reflects that already widely used by the…
“K” LINE signs agreements for construction of three VLCCs with NIHON SHIPYARD
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) hereby announces that it has signed agreements with NIHON SHIPYARD CO., LTD. (NIHON SHIPYARD) regarding the construction of three very large crude carriers…
ClassNK’s Mission in a Changing Maritime World
Asked in an interview during Posidonia 2026 how ClassNK sees its role in a period of major change, President and CEO Hayato Suga first explained the Society’s basic mission. ClassNK is a…
Newbuilding orders going strong
The newbuilding market has retained its strong momentum over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding market remains hot even this week, with…
Kazakhstan President Awards AD Ports Group’s Managing Director & Group CEO Captain Mohamed Juma Al Shamisi with the Order of Friendship
The prestigious award recognises Capt. Al Shamisi’s role in advancing UAE-Kazakhstan cooperation in supply chain development AD Ports Group , a global enabler of integrated trade, industry and…
NORDEN raises full-year guidance
Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026 full-year net profit…
First Half 2026 Shipping Market Review ClarkSea Index Up 61%
First half 2026 data points for the international shipping industry have been released by Clarksons Research. Reviewing the data, Steve Gordon, Managing Director of Clarksons Research commented:…
The Swedish Club warns crew competence must keep pace with Asia’s new generation of vessels
Asia's rapid investment in LNG and alternative fuel vessels must be matched by greater investment in crew competence if the industry is to realise the safety benefits of next-generation ships,…
Panama returns to the Paris Mou white list through stronger maritime governance and a comprehensive compliance strategy
Panama has been reinstated on the White List of the Paris Memorandum of Understanding , according to the organization's recently published Annual Report. The Panama Maritime Authority welcomed the…
AP Moller Holding announces the acquisition of Ocean Yield from KKR
A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P. Moller Holding will acquire 100% of Ocean Yield AS…
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