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EU seeks more warships as...
Two countries have indicated they are considering sending additional warships to help counter renewed Houthi attacks in the Red...
Red Sea convoy demand overwhelms...
Merchant vessels are now queuing for naval escorts through the southern Red Sea, with the European Union admitting that...
Europe Draws More LNG as...
(Bloomberg) — European imports of liquefied natural gas are rising ahead of the Northern Hemisphere winter, as prolonged disruptions to flows...
Japanese Naval Strengthening Steals Limelight...
Chinese criticism of Japan’s growing defense budget appears to have been one of the most consequential developments coming out...
International Green Shipping Corridor Alliance launched in Beijing...
posted on: Sep 30, 2026
A new international alliance bringing together shipping lines, ports, energy companies and other maritime stakeholders has been launched in Beijing, aiming to accelerate the industry’s transition towards lower-emission operations. As shipping moves from decarbonisation targets to the practical challenge of building cleaner trade routes, a new international alliance has been launched to bring maritime players together around the development of green shipping corridors. The International Green Shipping Corridor Alliance will focus on connecting projects, standards, technologies and fuel supply across the maritime value chain to help accelerate the industry’s transition to lower-emission shipping. The initiative is jointly led by the Global Sustainable Transport Innovation and Knowledge Center, COSCO SHIPPING Group, CMA CGM Group, China Energy Engineering Group and Shanghai International Port Group (SIPG), among others. According to China Transport News, the alliance is the first non-governmental international organisation established specifically to promote cooperation around international green shipping corridors. The...
Iran Says Won’t Soften Demands As Trump Rejects Hormuz Offer...
posted on: Sep 29, 2026
By Eltaf Najafizada and Courtney Subramanian Sep 27, 2026 (Bloomberg) –Iran stuck to its seven-day proposal for reopening the crucial Strait of Hormuz, saying it won’t soften its conditions, while President Donald Trump sent mixed signals about his willingness to reach a deal. The conditions Iran wants are something Washington might have agreed to about a year ago, Trump told Axios in an interview on Sunday, saying that Tehran has overplayed its hand. The US president said he expects negotiations to resume this week even though he rejected Iran’s latest proposal, Axios said. Earlier, the Islamic Republic indicated it was awaiting a definitive US response to its demands and that it had yet to receive anything from mediators Qatar and Pakistan, state-run broadcaster IRIB reported late Saturday, citing Foreign Minister Abbas Araghchi. “The US president has made some good remarks as well as many contradictory ones, which unfortunately we hear from him...
Analysis: The rules of global shipping are starting to fragment...
posted on: Sep 29, 2026
On 8 September 2026, the Consultative Shipping Group (CSG) issued a public statement under the title “In defence of free shipping”, calling on maritime nations to uphold freedom of navigation, internationally agreed rules and a level playing field for global shipping. For more than six decades, the Consultative Shipping Group has largely operated away from public attention, coordinating the maritime policies of 18 major shipping nations around open markets, fair competition and unrestricted access to international shipping. Its decision to issue a rare public statement defending free shipping therefore deserves attention beyond the words of the statement itself. It is a signal that some of the world’s most important maritime nations increasingly see geopolitical fragmentation, unilateral measures and inconsistent enforcement as structural challenges to the global shipping system. At first sight, many of its principles will appear familiar to the maritime industry. Freedom of navigation, the central role of the...
Study: Shipping is Off Track for 2030 Emissions Goals...
posted on: Sep 29, 2026
The shipping industry will likely miss its 2030 targets for vessels running on alternative fuels, according to a new study from the UCL Energy Institute, mainly due to the regulatory uncertainties surrounding the IMO Net-Zero Framework (NZF). According to the fifth edition of ‘Climate action in shipping: Progress towards shipping’s 2030 breakthrough’, the industry is highly unlikely to meet targets of having zero-emission fuels accounting for 5-10 percent of total fuel usage, the goal set in the 2023 IMO Greenhouse Gas Strategy. The ultimate goal is to ensure the shipping industry becomes net-zero by 2050, and the 2030 target was conceived as an enabler to accelerate early progress. The 2030 targets meant that some 600-1,200 large ships with a capacity of at least 15,000 TEU (or equivalent) would be running on scalable zero-emissions fuels (SZEF). However, owing to headwinds like economic and political upheaval, the Strait of Hormuz crisis, energy security and supply chain concerns,...
Shipping earnings surge deeper into record territory...
posted on: Sep 29, 2026
Shipping earnings have pushed further into uncharted territory, with Clarksons’ cross-sector ClarkSea Index hitting a third consecutive all-time high of $66,421 a day, up another 3% last week and more than 50% since the end of August. The benchmark is now nearly three times its long-term average, with the 2026 year-to-date average running 60% higher year on year. Clarksons said earnings across a number of major sectors remain at “exceptional or strong levels”. Tankers remain the principal engine. Clarksons reported global VLCC earnings averaging above $600,000 a day last week, with voyages around Hormuz reaching $800,000 to $1.5m a day. Ship-to-ship crude movements through the strait have climbed above 7.5m barrels per day, while freight costs have risen to around 15% of the value of a barrel versus a historical norm of about 2%. MB Shipbrokers puts eco VLCC spot earnings at $740,692 a day, alongside suezmaxes at $334,811...
Isle of Man casualty report highlights persistent risks to seafarers...
posted on: Sep 29, 2026
The Isle of Man Ship Registry’s Annual Summary of Casualties, Accidents and Incidents on Isle of Man Registered Vessels for 2025 has highlighted recurring risks to seafarers, with personal injury and machinery/equipment failures among the most common occurrences reported during the year. The report recorded 53 incidents, 15 accidents and five casualty reports involving Isle of Man-registered vessels in 2025. There was one fatality, 10 serious injuries and 21 minor injuries reported during the year. Of these, MLC seafarers accounted for one fatality, seven serious injuries and 12 minor injuries, while non-MLC seafarers suffered three serious and nine minor injuries. Mooring operations were the most common activity reported on Accident Report Forms (ARFs), while moving about the vessel and mooring operations resulted in some of the most severe injuries. The report also identified periods of no activity and maneuvering operations as particularly dangerous periods for seafarers. Credit: Isle of...
World Maritime Day 2026 Observed in Bangladesh...
posted on: Sep 28, 2026
World Maritime Day 2026 Observed in Bangladesh by ASM Abdul Baten, Rear Admiral (retd) From Policy to Practice: Powering Maritime Excellence Bangladesh observed World Maritime Day 2026 on 27 September with programmes highlighting the country’s maritime potential, development of ports and shipping, seafarer training and welfare, digitalization, maritime security, environmental protection and the need to translate policy commitments into practical results. The international theme for 2026–2027, selected by the International Maritime Organization (IMO), is “From Policy to Practice: Powering Maritime Excellence.” For the first time, the World Maritime Day theme is being applied over a two-year period. The theme emphasizes that international maritime rules and national policies have value only when they are effectively implemented through legislation, enforcement, training, technology and day-to-day maritime operations. In Bangladesh, the day’s discussions brought together senior government officials, naval leadership, maritime administrators, ship-owners, maritime professionals, seafarers and representatives of the wider maritime sector....
Global Trade Keeps Getting Hit—and Keeps Moving...
posted on: Sep 28, 2026
By Lori-Ann LaRocco – The world of trade is led by optimists, and the data shows the resilience of the strategies these stewards of trade have developed and deployed. Over a dozen major disruptions have occurred since 2000, yet global trade has not only continued to move; it has grown exponentially. Latest Descartes data shows August U.S. container imports grew to its third-highest monthly total on record: 2.60 million TEUs. Video Unpaused No matter the disruption, trade will always find the path of least resistance to moving forward. It’s a combination of lessons learned from previous disruptions and intelligence gathered from copious volumes of data. Agentic tools and analytics turn these “beyond human” volumes of data into consumable intelligence for desks that already have too much information. Mountains of data can create raw noise and slow down decision-making. This is why intelligence and data are not one and the...
US-Sanctioned Oil Tanker ‘Sibu 1’ Rescued from Somali Pirates...
posted on: Sep 28, 2026
NAIROBI, Sept 25 (Reuters) – A US-sanctioned oil tanker, Sibu 1, has been freed after being hijacked by Somali pirates in August, the maritime police force in Somalia’s semi-autonomous Puntland region said on Friday. “It was a counter-piracy operation that was carried out by our forces from two days ago and it’s still going on. The ship is free and the pirates are all in the hands of our forces,” Mohamed Jama, a commander in the Puntland Maritime Police Force, told Reuters. The Eritrea-flagged Sibu 1 was seized on August 20 by six armed individuals, according to the United Kingdom Maritime Trade Operations (UKMTO). ?The tanker was placed under sanctions by the US Treasury in December for allegedly being part of a ?shadow fleet that helps Iranian petroleum products evade US sanctions. Piracy has resurged off Somalia’s coast in recent months. Sibu 1 was at ?least the 13th vessel attacked this year off...
Oldendorff’s 800-vessel fleet puts process before port DA digitalisation...
posted on: Sep 28, 2026
Oldendorff Carriers has redesigned its port disbursement account process with HarborLab, giving its DA department earlier visibility of discrepancies and greater ownership of the workflow. The Streamline Port DA initiative puts process standardisation ahead of new technology, with further automation now being explored. Oldendorff Carriers, which operates a fleet of about 800 bulk vessels and handles thousands of port calls each year, has redesigned how its disbursement account (DA) department validates proformas and processes payments. The work, carried out with HarborLab under the Streamline Port DA initiative, began with the process itself rather than adding technology to existing workflows. The company said its previous model had fragmented workflows, limited visibility and extensive manual reconciliation, making it harder to identify discrepancies early. The redesigned process covers proforma validation, DA approvals and discrepancy escalation. The aim is to give the DA team a consistent operating model that technology can support. Kathrin...
Ambrey: Whole Black Sea now a contested operating environment...
posted on: Sep 28, 2026
Ambrey has warned that the whole Black Sea is now a contested operating environment for commercial shipping, following the Joint War Committee’s decision to expand its listed area amid a sharp rise in attacks outside Russian and Ukrainian waters. JWC expands Black Sea listed area On 16 September 2026, the JWC issued JWLA-035, extending the Black Sea listed area to cover the entire basin, excluding the territorial waters of Türkiye, Romania, Bulgaria and Georgia. Ambrey said the decision reflects the geographical expansion of maritime attacks and losses recorded during 2026. Merchant vessel attacks move offshore In the 12 months to 21 September, 45 merchant vessels were struck outside the previous listed area, compared with none in the preceding 12 months. Of these, 31 strikes occurred after 1 July, with 33 recorded during the last three months alone. Ambrey said attacks have increasingly moved into open waters, with Ukraine-attributed strikes...
Chinese Ports Had Busiest Week Ever for Containers, Says Bloomberg...
posted on: Sep 28, 2026
Maersk’s Triple-E giant container ship Majestic Maersk, one of the world’s largest container ships is seen at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai, China September 24, 2016. Picture taken September 24, 2016. REUTERS/Aly Song TPX IMAGES OF THE DAY Export levels from China, especially to the United States, have been defying all the predictions, and now comes news of a further boom. Citing data from China’s Ministry of Transport, Bloomberg reports that Chinese ports had their busiest week in history. The data shows a record 7.3 million containers passed through Chinese terminals in the seven days through September 20, reports Bloomberg. It says this represents a nine percent increase in volume versus the same period of 2025. The gains were accelerating from the six percent increases in each of the first two weeks of September, with Bloomberg saying it is “evidence...
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বিশ্ব সমুদ্র দিবস: মেরিন একাডেমিকে আবার সামুদ্রিক শিক্ষার প্রাণকেন্দ্রে ফেরাতে হবে বাংলাদেশকে গোলাম সোহরাওয়ার্দি বিশ্ব সমুদ্র দিবস ২০২৬ এবং সমন্বিত জাতীয় প্রশিক্ষণ কৌশলের প্রয়োজনীয়তা বিশ্ব সমুদ্র দিবসে আন্তর্জাতিক সামুদ্রিক সংস্থার (আইএমও) মহাসচিব আর্সেনিও ডমিঙ্গেজ খুব সহজ কিন্তু গভীর একটি বার্তা দিয়েছেন। আন্তর্জাতিক নিয়মকানুন সমুদ্র পরিবহন ব্যবস্থার উন্নতি তখনই করতে পারে, যখন দেশগুলো তা ঠিকমতো মেনে চলে। তিনি বলেন, “নাবিকদের কথাই সবার আগে […]
World Maritime Day: Bangladesh Must Put Its Marine Academy Back at the Center of Maritime Education World Maritime Day: Bangladesh Must Put Its Marine Academy Back at the Center of Maritime Education by Ghulam Suhrawardi World Maritime Day 2026 and the case for a coherent national training strategy On World Maritime Day, International Maritime Organization Secretary-General Arsenio Dominguez delivered a deceptively simple message: international rules improve […]
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