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Hormuz Shuttles Keep Oil Flowing, But...
By Ron Bousso LONDON, Sept 21 (Reuters) – A new shuttling system is reshaping the Middle East oil market, as producers...
Captain killed in Black Sea...
A merchant vessel heading for a Ukrainian port became the latest casualty of the war at sea on 17...
Another Tanker Suffers Failure as...
(Bloomberg) — A liquefied natural gas tanker bringing fuel from the US to Europe suffered a systems failure that...
Qatar Energy Chief Says Bessent...
By Kevin Whitelaw and Annmarie Hordern Sep 20, 2026 (Bloomberg) —Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent...
Two More Tankers Hit in Strait of Hormuz as Attacks Mount...
posted on: Sep 22, 2026
Two more tankers have been struck while transiting the Strait of Hormuz, with two seafarers injured, extending a string of attacks against commercial shipping through the strategic waterway. UK Maritime Trade Operations said Monday that military authorities reported an inbound tanker was struck by an unknown projectile while transiting the strait. Two crew members suffered minor injuries, but the vessel remained under its own power and was continuing to its next port of call. No environmental impact was reported. Hours later, UKMTO issued a second warning involving an LPG tanker making an outbound transit. The master reported the vessel had been hit by debris from unknown projectiles. All crew were safe, no environmental impact was reported and the tanker continued its voyage. Authorities are investigating both incidents. The latest reports extend a sharp increase in attacks documented by UKMTO over the past week. A Joint Maritime Information Center advisory...
ICS warns UN Security Council that shipping cannot be held to ransom...
posted on: Sep 21, 2026
The International Chamber of Shipping has taken the industry’s concerns over maritime security directly to the UN Security Council, warning that commercial vessels and seafarers cannot become collateral damage in escalating geopolitical tensions. International Chamber of Shipping (ICS) Secretary General Thomas A. Kazakos addressed the UN Security Council in New York on 17 September, highlighting the importance of freedom of navigation, the protection of maritime trade and respect for the established international legal framework governing the world’s oceans. Kazakos was invited to brief an Arria-Formula meeting convened by the Kingdom of Bahrain and chaired by Bahrain’s Minister of Foreign Affairs, Dr Abdullatif Al Zayani. The meeting brought together UN representatives and invited guests to discuss the deteriorating maritime security environment amid heightened geopolitical tensions, with particular attention on the security situation in the Persian Gulf. For the shipping industry, the discussion comes against a backdrop in which insecurity at...
Bullish shipowners give their verdicts on world leaders, alternative fuels in new study...
posted on: Sep 21, 2026
In its Global Shipping Outlook 2026, Kapa Research interviewed 314 shipowners and senior executives from the world’s leading shipping companies, asking them to identify the industry’s current challenges, with questions ranging from geopolitical risks to the viability of alternative fuels and assessments of political leaders. Around 37% of respondents were based in Greece, while the shares of respondents from other major shipping nations ranged from 3% to 12%. The survey was conducted between May and June, at the peak of the Strait of Hormuz crisis. “Instability is our new operating environment,” survey participants said when commenting on the current geopolitical crisis. The geopolitical crises in Ukraine, the Red Sea and the Middle East were the only concern ranked first across every maritime centre: 72% in Greece, 77% in the rest of Europe, 79% in the US and 87% in Asia. However, where others see crisis, shipping sees a market,...
Do you know the different types of marine spills?...
posted on: Sep 21, 2026
ITOPF has published the 2025/26 edition of its Handbook, providing information on the different types of pollutants encountered at sea and the challenges, impacts, and response options associated with each. Marine spills can involve a wide variety of substances beyond oil, including vegetable oils, chemicals, bulk cargoes, and plastics, each behaving differently in the marine environment and posing distinct risks. In its latest Handbook, ITOPF outlines the main categories of pollutants, their effects, and the approaches typically taken to manage them. Vegetable oils The carriage of vegetable oils, such as palm, canola and soybean oil, has increased in recent years. Although less toxic than hydrocarbon oils, spills of vegetable oils in the marine environment can prove problematic, nonetheless. In general, vegetable oils will behave similarly to hydrocarbon oils in the initial stage of a spill, in that they tend to float and spread on the surface of the water....
From Dali to Titan, NTSB Finds the Same Safety Problems Repeating...
posted on: Sep 21, 2026
The Dali bridge collapse, the implosion of the Titan submersible and the deadly fire aboard the Grande Costa D’Avorio are among 49 marine casualties highlighted in the National Transportation Safety Board’s latest review of accidents and the lessons behind them. The NTSB’s Safer Seas Digest 2025 brings together investigations completed last year, covering everything from major ship casualties to towing vessel collisions, fires, groundings, flooding and machinery failures. The Dali investigation is among the most prominent cases in the report. The containership struck Baltimore’s Francis Scott Key Bridge in March 2024 after losing electrical power, causing the bridge to collapse and killing six construction workers. Video Muted The investigation led to nearly two dozen safety recommendations, including urgent recommendations focused on bridges over navigable waterways where the risk of collapse from strikes by large oceangoing vessels had not been determined. The digest also revisits the 2023 implosion of the Titan submersible, which killed all five people aboard during a dive...
Gender gap narrows globally but women in shipping still face barriers...
posted on: Sep 21, 2026
Gender parity is improving, but progress remains uneven and far too slow to close the global gap within a reasonable timeframe. The World Economic Forum’s Global Gender Gap Report 2026 finds that 69.2% of the global gender gap has now been closed across its 97-economy constant sample. While this represents the highest level recorded by the index, the pace of improvement remains modest, with full global parity still estimated to be 120 years away at the current rate. The report also highlights a significant divide between areas where women and men have achieved relatively high levels of parity, such as health and education, and areas where substantial gaps remain, particularly economic participation and political representation. Key findings 69.2% of the global gender gap has been closed, the highest overall level recorded by the index. Among the 97 economies consistently measured since 2006, gender parity has improved by 5.2 percentage...
UAV Navigation enhances VNS01 for precision drone navigation in GNSS-denied environments...
posted on: Sep 20, 2026
UAV Navigation–Grupo Oesía has announced major software enhancements to its VNS01 Visual Navigation System, introducing advanced terrain referenced navigation (TRN) and satellite map matching algorithms to improve navigation accuracy during operations in GNSS-denied environments and over previously unflown routes. Available through a software update, these enhancements further strengthen the company’s position in resilient navigation technologies for autonomous aerial platforms. Already deployed as a resilient navigation solution for GNSS-denied operations, the VNS01 now improves its navigation performance through the incorporation of terrain referenced navigation (TRN) and satellite map matching. These new technologies provide additional sources of absolute positioning in previously unexplored terrain, helping maintain accurate navigation during extended GNSS outages. Satellite map matching uses preloaded satellite imagery as a navigation reference. By correlating onboard camera images with geographical features such as roads, rivers and coastlines, the system generates absolute position corrections that compensate for inertial drift and improve navigation accuracy. To complement this capability, terrain...
Dali becomes biggest P&I loss in history
posted on: Sep 20, 2026
The Dali casualty has become the largest single loss in the history of the P&I market, with reserves now exceeding $2.8bn and the claim reaching a layer of the International Group’s insurance structure never previously tested by a casualty of this scale. Gallagher Specialty said the reserve associated with the 2024 destruction of Baltimore’s Francis Scott Key Bridge is likely to rise further. It already stands at more than $1bn higher than the previous record payout linked to the 2012 sinking of the Costa Concordia cruiseship. The Singapore-flagged containership lost power before striking the Key Bridge in March 2024, killing six construction workers and closing Baltimore’s main shipping channel. The casualty has since generated claims from government agencies, infrastructure owners, businesses, cargo interests and victims’ families. The Dali loss has now moved into the International Group’s collective overspill reinsurance protection, effectively pushing beyond the conventional group excess-of-loss programme applicable...
Eleven years later, Maersk Seoul ruling traces $13.3m casualty to dangerous goods packing failure...
posted on: Sep 20, 2026
A calcium hypochlorite cargo that violently decomposed aboard the Maersk Seoul in the Strait of Hormuz in 2015 has resulted in a US$13.3 million judgment against the shipper, after an eleven-year legal battle that crossed three jurisdictions. More than a decade after a calcium hypochlorite cargo triggered a major fire aboard the Maersk Seoul, an English Commercial Court judgment has put the spotlight on how dangerous goods were packed before they ever reached the ship, explains Clyde & Co. Handed down on 28 July 2026, the judgment in Maersk A/S v Sree Rayalaseema Hi-Strength Hypo Limited (MV Maersk Seoul) [2026] EWHC 2005 (Comm) provides the first detailed public account of the 2015 casualty and finds the Indian chemical manufacturer, referred to as the Defendant, liable for the resulting losses. The Court awarded Maersk US$13,178,280.51 for losses arising from the explosion and fire, along with a further US$168,064.48 and £16,296...
Asia-US container rates soar past $11,000, near pandemic records...
posted on: Sep 20, 2026
Ocean carriers are capitalizing on an extraordinary spike in container freight rates from Asia to the United States, with spot prices now within roughly 18% of their pandemic-era highs on the West Coast and 11% on the East Coast, according to Xeneta data. Rates from the Far East to the U.S. West Coast reached $7,960 per forty foot equivalent unit as of Sept. 17, while Far East-U.S. East Coast prices climbed to $11,259 per FEU. Both trades have more than quadrupled since late February, before the Hormuz crisis disrupted global shipping markets. East Coast trade closest to record The Far East-U.S. East Coast trade appears the likelier candidate to set a new all-time rate record, Xeneta Chief Analyst Peter Sand said. The current East Coast spot rate is just 11.2% below its record of $12,683 per FEU, established Jan. 1, 2022, amid the supply-chain disruption of the Covid-19 era....
One missing after boat being towed by North Korean cargo ship sinks off Japan...
posted on: Sep 20, 2026
One person has gone missing after a small boat with four people on board sank while being towed by a North Korean cargo ship off northwestern Japan on the morning (local time) of Thursday, September 17. The boat was being towed by the ship identified as the North Korean-flagged Kum Ya when it sank within Japan’s exclusive economic zone off the coast of Shimane Prefecture at around 03:00 on Thursday, causing its four occupants to fall overboard. The Japan Coast Guard deployed vessels and aircraft to the area to conduct search and rescue operations. Two people were pulled out of the water at around 12:15 while a third was recovered less than an hour later. No trace of the fourth occupant has yet been found. The coast guard said two of the recovered individuals were conscious while the third was presumed dead due to the absence of vital signs....
India’s proposal calls for emergency support network to protect seafarers in crises...
posted on: Sep 19, 2026
India’s Prime Minister Narendra Modi has proposed the creation of an international Seafarers’ Emergency Support Network to provide faster assistance to seafarers caught up in geopolitical conflicts, attacks and other emergencies. Speaking at the 18th BRICS Summit in New Delhi on September 12, Modi highlighted the contribution of seafarers to global trade while warning that crews can lack adequate support when shipping operations are disrupted by crises. Seafarers make a significant contribution to global trade, but they often find themselves without adequate support during difficult times …. Modi said, proposing a network that could connect maritime authorities and diplomatic missions of participating countries. According to Modi, the mechanism could provide support including distress alerts, medical assistance, communication with families and evacuation when seafarers are exposed to emergencies. The proposal comes amid growing concerns over the safety and welfare of merchant crews operating in areas affected by armed conflict and...
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বড় জাহাজ মেরামতে মাতারবাড়ীতে ১ বিলিয়ন ডলারের প্রকল্প মাতারবাড়ীতে প্রায় ১ বিলিয়ন মার্কিন ডলার ব্যয়ে পরিবেশবান্ধব ডকইয়ার্ড ও জাহাজ নির্মাণ কেন্দ্র স্থাপনের উদ্যোগে নীতিগত অনুমোদন দিয়েছে নৌপরিবহন মন্ত্রণালয়। এখন প্রকল্পটির কারিগরি ও আর্থিক মূল্যায়নের জন্য প্রস্তাবটি সরকারি-বেসরকারি অংশীদারত্ব (পিপিপি) কর্তৃপক্ষের কাছে পাঠানো হয়েছে। সম্পূর্ণ বেসরকারি অর্থায়নে সরকারি জমির মালিকানা অক্ষুণ্ন রেখে প্রকল্পটি বাস্তবায়নের পরিকল্পনা রয়েছে। বন্দর কর্তৃপক্ষ জানায়, […]
Industry on alert over scam messages offering ships “safe passage” on Hormuz Credit: Shutterstock Fraudulent messages offering safe passage through the Strait of Hormuz in exchange for cryptocurrency have been circulated to shipping companies with vessels stranded west of the waterway, according to MARISKS. In an alert issued on 20 April, MARISKS cautioned that unknown actors posing as Iranian authorities had contacted […]
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