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Morning News Brief — October...
Morning News Brief — October 13, 2026 1. World developments The IMF modestly raised its 2026 global-growth forecast to...
U.S. Forces Destroy Iranian-Linked Dhow...
U.S. forces destroyed an Iranian-affiliated dhow in the Gulf of Oman on October 6 after determining that the vessel...
China P&I seeks seat at...
China Shipowners Mutual Assurance Association, better known as China P&I Club, has formally applied to join the International Group...
Singapore rolls out digital bunkering...
Singapore is expanding its marine fuel infrastructure and digital bunkering systems as shipowners assess alternatives to conventional fuels. New...
Unidentified object found in sea off Helsinki turns out to be from old shipwreck...
posted on: Oct 16, 2026
Yle News A metal object was found floating in the sea in the Kustaanmiekka area off Helsinki on Saturday evening. The Finnish Navy’s initial assessment is that the object is likely a mechanical component from a very old shipwreck. Police released a photograph of the object on Sunday, describing it as a relatively heavy, funnel-shaped metal object measuring around 40 centimetres. Later on Sunday, the police said they do not suspect a crime and will no longer investigate the matter, as the object is considered harmless. Object resembles ship’s searchlight Maritime archaeologists from the Finnish Heritage Agency also believe the object could have come from an old shipwreck. However, the experts emphasised that their assessment was based on the photograph released by police, in which only part of the object is visible. According to Sami Brczyski, an employee of the Museum Department, the object resembles a ship’s searchlight. Such...
Bulk Carrier Sinks Weeks After Deadly Strait of Hormuz Strike...
posted on: Oct 16, 2026
By Jonathan Saul and Renee Maltezou LONDON, Oct 14 (Reuters) – A container ship and a dry bulk carrier have both sunk near the Strait of Hormuz in the past 24 hours after being hit by projectiles in separate incidents, maritime officials said on Wednesday. Attacks around the waterway have surged over the past 10 days, with Iran saying it is stepping up strikes in response to the US blockade of its ports and tougher sanctions introduced last month. The Singapore-flagged GFS Pride, a small container vessel with a capacity of 2,824 20-foot equivalent units (TEU), sank while sailing through the strait, according to maritime security sources. “GFS PRIDE sustained damage and a fire on board, and has since sunk. All 21 crew members were safely evacuated. No injuries have been reported,” the Maritime and Port Authority of Singapore (MPA) said in a statement on Wednesday, adding that the...
The New Federation of American Shipyards
posted on: Oct 16, 2026
SAM LAGRONE MOBILE, Ala. —Three decks high and shrouded in a plastic, air-conditioned barrier, some of the most important spaces of a pair of Virginia-class attack boats are taking shape on the shores of the Mobile River — 1,200 miles from the rest of the submarine. Already painted in the Navy’s calming shade of seafoam green, the control room modules are being outfitted with hatches, chairs, terminals, doors, desks, screens, outlets, fixtures, lightbulbs and a chart table before getting shrink-wrapped and barged up the East Coast to General Dynamics Electric Boat’s facility in Rhode Island. Then, the modules will be slid into the pressure hulls of Block V Virginia-class boats Silversides (SSGN-807) and John H. Dalton (SSGN-808) before the sections are welded shut to make the submarines whole. A short walk from the modules on Pinto Island in Mobile Bay, Austal is putting the finishing touches on the 400,000-square-foot...
MLC twenty years on: Establishing key worker rights at sea...
posted on: Oct 16, 2026
The International Labour Organization (ILO) and the International Maritime Organization (IMO) are marking the 20th anniversary of the adoption of the Maritime Labour Convention, 2006 (MLC, 2006), a landmark treaty that has reshaped working and living conditions for seafarers. Adopted on 23 February 2006 by the International Maritime Labour Conference through an unprecedented tripartite consensus, the MLC Convention brought together governments, shipowners, and seafarers to establish a comprehensive global framework regulating working and living conditions in one of the world’s most international industries. This spirit of partnership has remained central to its enduring strength and continued relevance. As of 31 December 2025, MLC, 2006 had been ratified by 111 States, representing over 96.6% of global shipping tonnage. Key achievements under the MLC Convention The MLC consolidated and modernized around seventy maritime labor instruments into a single, comprehensive international framework. It established enforceable minimum standards for wages, hours of work...
Ship recycling drought leaves record ageing fleet afloat...
posted on: Oct 15, 2026
Ship recycling has sunk into its longest sustained slump in more than half a century, just as the global merchant fleet accumulates an unprecedented amount of ageing tonnage. Clarksons Research calculates that just 273 ships of 5.5m gt, equivalent to around 8m dwt, were sold for demolition in the first nine months of 2026, 13% below last year’s already dismal pace and 60% beneath the average across the 2000s and 2010s. Less than 0.5% of global fleet tonnage has been scrapped annually for five successive years, a lower rate even than during the 2006-08 supercycle and the longest such drought since the early 1970s. As a consequence, more than 340m gt of shipping is now at least 20 years old, up 90% in five years and representing almost 20% of the world fleet, compared with 12% in 2021. Over 150m gt is aged 25 or more, up 75% in...
Six Ships Struck in Single Day as Hormuz Attacks Accelerate...
posted on: Oct 15, 2026
Six commercial vessels were reported struck in and around the Strait of Hormuz on October 11, including five tankers and a container ship, as attacks on merchant shipping continue to escalate across the region. UK Maritime Trade Operations (UKMTO) issued five additional attack warnings, four of them time-late reports, adding to an earlier tanker attack already documented in Sunday’s Joint Maritime Information Center (JMIC) advisory. The six reports describe five vessels struck while transiting the Strait of Hormuz and a sixth tanker attacked near Sohar anchorage, Oman, in the Gulf of Oman. The latest warnings, numbered 165-26 through 169-26, include an outbound product tanker, an outbound crude oil tanker, another outbound tanker and an inbound container ship, all struck by unidentified projectiles while passing through the strait. UKMTO confirmed that the crew of one outbound tanker was safe, although the environmental impact remained unknown. The other reports provided no...
Expert thinking on mental health at sea: From listening to lasting change...
posted on: Oct 15, 2026
Observed every year on October 10, World Mental Health Day brings global attention to mental health, encourages open conversation and reinforces the need to challenge stigma and strengthen support. This year’s theme, “Lived experiences heard: Real voices, real change,” set by the World Federation for Mental Health (WFMH), places lived experience at the heart of that effort. It calls for people who have experienced mental health challenges not simply to be part of the conversation, but to help shape the policies, services and decisions intended to support them. For shipping, this message comes at an important time. Recent findings show that, despite growing awareness, significant gaps remain. Wellbeing was the weakest-performing area of the 2026 SEAFiT Crew Survey at 65.2%, with inadequate healthcare coverage, insufficient guidance on coping strategies and limited information on mental health symptoms identified among the key barriers. Meanwhile, mental-health contacts to SeafarerHelp rose by 35.9%...
India’s Aegis takes over Dubai tanker and logistics group Tristar...
posted on: Oct 15, 2026
India’s Aegis Logistics has struck a deal to acquire 89.8% of Dubai-based Tristar for $809m, taking control of a global energy logistics group with a sizeable tanker and dry bulk shipping operation. The Mumbai-listed group is buying the stake through Singapore-based Aegis Logistics International from shareholders including Agility, Gulf Investment Corporation and Diamond Holdings. The transaction remains subject to competition and other regulatory approvals and is targeted to close by the end of March 2027. Tristar has been valued at $1.5bn on an enterprise basis and $882m on an equity basis, equivalent to around six times its 2025 EBITDA. The group generated about $1.4bn in revenue and $257m of EBITDA last year and operates across more than 30 countries. The deal caps a transformation that began with just three trucks. Tristar was founded in the UAE in 1998 by Eugene Mayne, with Agility buying into the business in 2003...
Isle of Man’s flagship vessel repairs expected to cost around £5 million...
posted on: Oct 15, 2026
Repairs and dry-docking work on the Manxman are now expected to cost around £5m, with the Steam Packet confirming the bill will be paid directly by the company from its own reserves. The state-owned ferry operator has also confirmed the flagship is still expected to return to service towards the end of November, after specialist work on its propulsion shafts, liners and bearings was completed in Denmark. However, the company has now clarified that figure was the threshold at which shareholder consent was required, rather than a final estimate of the cost. It said the current estimate for the total cost of the dry docking and repair works is in the region of £5m. Get your latest local news for free in your email inboxSubmitI’d also like to receive offers & updates from Isle of Man Today. Privacy notice The company said there would be no recourse to government...
Available does not mean accessible: The hidden gap in seafarer welfare...
posted on: Oct 15, 2026
Seafarer welfare is often measured by what is provided: shore leave, connectivity, welfare centres, transport, medical support and recreational facilities. But recent evidence from Australia exposes a more fundamental question. Can seafarers actually use what is supposedly available to them? The distinction between provision and effective access may be one of the most important gaps in how maritime welfare is currently assessed. The Seafarer Port Welfare Survey, conducted by ASWC and released by the Australian Maritime Safety Authority (AMSA), collected 436 responses from seafarers visiting Australian ports. Despite the country’s established network of welfare services and Port Welfare Committees, respondents identified several barriers to accessing support. Of the 202 seafarers who answered the relevant question, 55, approximately 27%, reported being unable to go ashore. Fast cargo operations, short port stays, inspections and onboard responsibilities were among the main obstacles. Limited transport options, long distances between terminals and port gates,...
What should ‘Bangladesh First’ mean for foreign policy?...
posted on: Oct 13, 2026
Mohammad Sofi Ullah Bangladesh’s foreign policy has reached a crucial stage as the dynamics of great-power competition, geopolitics, technology, energy security and geoeconomics transform the international system. As Bangladesh contends with an uncertain and increasingly multipolar international environment, it can no longer base its foreign policy exclusively on traditional relationships and friendships. As an emerging economy occupying a geostrategic position, Bangladesh needs to adopt an approach to foreign policy that places national interests at its centre. In this context, “Bangladesh First” emerges as a relevant strategic paradigm for navigating the complexities of the changing international order. This approach in no way implies isolationism; rather, international relations theory emphasises the formulation of policies that safeguard a state’s sovereignty, security and economic prosperity (Nuechterlein, 1976). For Bangladesh, any foreign policy strategy must therefore address a fundamental question: “How will this contribute to the country’s economic development?” In the new millennium, diplomacy...
Two Seafarers Missing in Drone Attack on Product Tanker off Oman...
posted on: Oct 13, 2026
Two seafarers are missing after a drone attack on a tanker off the coast of Sohar, Oman, the latest suspected Iranian strike conducted far from the main conflict zone around the Strait of Hormuz. The location is particularly notable because it is off the coast of a neutral country: Iran recently negotiated a maritime power-sharing agreement for the strait with the Omani goverment. UKMTO confirmed the attack on Sunday. The Indian government later identified the vessel involved as the Petro Dolphin, a small product tanker. Nine survivors have been rescued and the SAR operation continues for the two missing sailors, Shipping Minister Sarbananda Sonowal said in a statement on Sunday. Unverified video footage purporting to show the attack has been circulating on local social media, below. Petro Dolphin is a 4,000 dwt coastal product tanker built in 2004. It is UAE-owned and operated, and has no port state control...
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