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The Last Hitch 5 Financial...
There’s a moment every mariner thinks about, even if they haven’t lived it yet. The last bag packed. The...
Explosive Sea Drones Emerge as...
LONDON, March 11 (Reuters) – Naval drones have been used in at least two attacks on oil tankers in the Gulf...
Despite Threats, For Now The...
A huge Day of Al Furqan demonstration in Sana’a on March 5, in support of Iran and Lebanon’s Hezbollah,...
Freight rates triple as Middle...
The ongoing Middle East crisis has sharply reduced air cargo export capacity, pushing freight rates to double and in...
Boxship Operating for Maersk-Hapag Hit by Shrapnel off UAE...
posted on: Mar 15, 2026
While most of the focus has been on tankers or ships attempting to run the gauntlet at the Strait of Hormuz, containerships are also reporting damage as the war in the Persian Gulf widens. It is unclear if it is deliberate targeting of the ships, inaccurate targeting, or collateral damage, but so far, none of the ships has reported significant damage. The latest incident came early on Thursday morning, March 12, local time in the region. UK Maritime Trade Operations said the master of a containership had reported it was struck by an unknown projectile while it was 35 nautical miles north of Jebel Ali. The initial report said a damage assessment was being hampered by the darkness and would be completed after sunrise. Hapag-Lloyd later confirmed in statements to Reuters and The Wall Street Journal that the vessel, Source Blessing (40,478 dwt), had been hit, but it contends it was...
Panama asks Chinese shipping giant Cosco to return to Canal...
posted on: Mar 15, 2026
PANAMA CITY – Panama’s government on March 13 asked Chinese shipping giant Cosco to reconsider its suspension of operations at a Panama Canal port, the latest fallout from an ongoing disagreement between the US and China over the waterway’s oversight. Earlier this week, state-owned Cosco, which owns one of the world’s largest tanker fleets, said it would suspend operations at the Balboa port after a court annulled a contract that had allowed a subsidiary of Hong Kong-based CK Hutchison Holdings to operate two terminals in the canal since 1997. The Panamanian authorities took back control of the trans-oceanic waterway on Feb 23, and Minister for Canal Affairs Jose Ramon Icaza told reporters “the Cosco issue really took us a bit by surprise”. China had threatened Panama with payback after the court’s decision. “Cosco’s cargo is certainly important for Panama and we hope they reconsider the decision not to use the port of Balboa,”...
Two LPG Ships Sail Through Hormuz to Shortage-Hit India...
posted on: Mar 15, 2026
Two tankers carrying liquefied petroleum gas are heading to India after crossing the Strait of Hormuz, providing some relief to acute shortages as the war in the Persian Gulf disrupts supply of the cooking fuel. The state-owned ships were granted safe transit through the strait, Indian Foreign Ministry spokesman Randhir Jaiswal said Saturday. There remains 22 India-flagged vessels stuck in the Persian Gulf including six LPG vessels, one LNG carrier and four crude oil tankers, according to Rajesh Kumar Sinha, special secretary at the shipping ministry. India has been suffering acute shortage of LPG, used for cooking and industrial processes and in petrochemical units to make plastics. The country is the second-largest importer of the fuel, and takes 90% of it from the Middle East. It also takes a large proportion of its crude from the Persian Gulf, and had been in talks with Iran to secure the passage of tankers through the strait. The two...
Supreme Court clears way for foreign firm to run Ctg Port’s NCT terminal...
posted on: Mar 14, 2026
The Appellate Division of the Supreme Court has upheld a High Court ruling that dismissed a challenge to the legality of the process of awarding the New Mooring Container Terminal (NCT) operations at Chattogram Port to a foreign company. With the decision delivered today (12 March), there is now no legal barrier for the Chattogram Port Authority to enter into a contract with a foreign operator to run the terminal. The Appellate Division, led by the Chief Justice Zubayer Rahman Chowdhury, dismissed the leave-to-appeal petition that had challenged the earlier High Court verdict. In court, the petition was argued by Advocates Zamir Uddin Sarkar, Ahsanul Karim, and Mahbub Uddin Khokon. The state was represented by Additional Attorney General Aneek R Haque. Speaking to reporters after the ruling, Aneek said the writ petition had questioned the transparency of a proposed management agreement between the governments of Bangladesh and Dubai regarding...
Norway Bans Hormuz Transits, India Makes a Deal With Iran for Safe Passage...
posted on: Mar 14, 2026
The Norwegian Maritime Authority has announced the strictest step yet made by any government agency or industry association to address the risk of Iranian attack in the Strait of Hormuz: an inbound transit ban. Effective Thursday, no Norgwegian-flagged ships are permitted to enter the Arabian Gulf, regardless of the shipowner’s own risk assessments. “We do not believe any shipping companies are planning to sail into this area in the near future, but as the situation has now developed, it is important for us to emphasize that we are now moving from a strong recommendation related to ship traffic in the area to a ban on entering the Strait of Hormuz,” said Maritime Director Alf Tore Sørheim. Companies with Norwegian-flagged vessels already located in the Gulf may still make their own assessments about whether it is safer to stay in the region or to attempt a run through the strait...
U.S. Maritime Administrator Carmel Warns U.S. Must Rebuild Entire Maritime ‘System,’ Not Just Shipyards...
posted on: Mar 14, 2026
U.S. Maritime Administrator Stephen Carmel warned Tuesday that rebuilding American maritime power will require far more than simply expanding shipyard capacity, arguing that the United States must rebuild an entire maritime ecosystem if it hopes to compete globally. Speaking at the CMA Shipping conference in Stamford, Connecticut, Carmel opened with a stark statistic about the state of U.S. shipbuilding. “Today the United States produces about 0.1% of global commercial shipbuilding,” Carmel told industry leaders. “It’s hard to comprehend a number that small unless you compare it to something else — for example, U.S. shipbuilding for the export market today is exactly zero.” But Carmel said focusing solely on shipyards misses the larger structural problem. “Shipbuilding does not lead to maritime power. Maritime systems do. Shipbuilding follows cargo, cargo follows logistics networks, logistics networks follow ports and trade architecture,” he said. “If we want to rebuild American maritime capability, we cannot think about ships in isolation. We have to...
China’s Cosco halts Panama port operations as tensions rise...
posted on: Mar 14, 2026
FILE PHOTO: A view of the Balboa Port is pictured after Hong Kong’s CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, amid pressure from U.S. President Donald Trump to curb China’s influence in the region, Panama City, Panama, March 4, 2025. REUTERS/Enea Lebrun/File Photo [HONG KONG] China Cosco Shipping suspended its services at Panama’s Balboa port, a local media report said, after Beijing warned of a “heavy price” for the Central American country’s forced takeover of the facility from Hong Kong conglomerate CK Hutchison Holdings. The state-owned shipping giant announced its decision to halt all of its departures and arrivals at the port in a notice to customers dated Mar 10, according to the report in La Prensa. While all confirmed bookings will be cancelled, cargo that has already arrived will be processed as normal, the outlet said....
Iftekher Qayum (20E) passed away
posted on: Mar 10, 2026
Iftekher Qayum (20E) passed away With deep sorrow and a heavy heart, we share the sad news of the passing of our beloved alumnus, Iftekher Qayum (24E), affectionately known to many as Babu, who departed from this world in the early hours of March 9, 2026, in Vancouver, Canada. He had been suffering from serious health complications for over a year. After a prolonged period of illness and hospitalization, he was moved to a care home a few months ago, where he spent his final days. Inna Lillahi wa Inna Ilaihi Raji’un — Surely we belong to Allah, and to Him we shall return. Brother Iftekher was part of the Bangladesh Marine Academy fraternity, and his passing is a profound loss to our alumni community. Though he spent his final days far from many of his loved ones, we pray that Allah (SWT), in His infinite mercy, grants him...
IMO Sec-Gen: Seafarer deaths in Strait of Hormuz are unacceptable...
posted on: Mar 10, 2026
Following a deadly incident involving the tug Musaffah 2 in the Strait of Hormuz that reportedly claimed the lives of four seafarers, Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez, has reiterated that seafarers must not be targets. Escalating maritime attacks in the Middle East are raising fresh concerns for seafarers and global trade. In response to the growing threat, the International Transport Workers’ Federation (ITF) and the Joint Negotiating Group (JNG) have designated the Strait of Hormuz, Gulf of Oman and Persian Gulf as a Warlike Operations Area (WOA). Adding to the list of maritime attacks in the area, on 6 March, UKMTO and maritime intelligence sources reported that a tugboat was struck by missiles while attempting to assist the abandoned containership Safeen Prestige, which had been hit by an unidentified projectile on 4 March, causing a fire in its engine room. Following reports of seafarer fatalities, IMO Secretary-General Arsenio Dominguez said seafarers must...
Second Bulk Carrier Claiming To Be Chinese Passes Through Hormuz...
posted on: Mar 10, 2026
By Serene Cheong Mar 7, 2026 (Bloomberg) –Another bulk carrier signaled it was Chinese-owned as it sailed through the Strait of Hormuz, the narrow waterway at the mouth of the Persian Gulf that’s been effectively closed for a week due to multiple attacks in the area. The Liberia-flagged Sino Ocean broadcast its destination signal as “CHINA OWNER_ALL CREW” as it traversed the chokepoint. The vessel exited the strait Saturday, according to ship-tracking data, after picking up its cargo from the United Arab Emirates’ Mina Saqr port on March 5. It’s the second vessel this week to declare its links to China in the hope of ensuring safe passage through Hormuz. On Thursday, a bulk carrier called Iron Maiden changed its destination signal to “CHINA OWNER” as it made a break through the waterway while hugging the Omani coastline. Traffic through the chokepoint has almost ground to a halt as the conflict in the region escalates,...
JMIC: Maritime threats continue in the Middle East despite short pause...
posted on: Mar 10, 2026
The Joint Maritime Information Center (JMIC) has provided the latest assessment of threats, incidents and operational guidance for vessels in the Middle East region as of 8 March. The Joint Maritime Information Center issued an advisory on 8 March highlighting that the regional maritime threat environment continues to be critical, which indicates that attacks against commercial shipping remain likely and operating conditions are highly hazardous. Commercial vessels operating within the critical threat area are strongly encouraged to register with, and maintain reporting contact with, UKMTO, regardless of AIS transmission status. Direct reporting enables rapid contact with vessels or company security officers should urgent safety or security information need to be passed. According to JMIC, no maritime attacks against commercial vessels have been reported in now more than 24 hours. However, credible threats persist against merchant shipping and offshore energy infrastructure operating within the Arabian Gulf, Strait of Hormuz, Gulf...
Sweden Boards Suspected ‘Stateless’ Cargo Ship in Baltic Sea...
posted on: Mar 10, 2026
Swedish authorities have boarded and taken control of a cargo vessel in the Baltic Sea after determining the ship was operating as a suspected stateless ship, triggering an investigation and raising fresh concerns about illicit cargo flows tied to Russia’s war in Ukraine. The operation took place Friday afternoon in Swedish territorial waters off Trelleborg, where the Swedish Coast Guard (Kustbevakningen) intercepted the general cargo ship Caffa. The vessel, built in 1997, had been broadcasting AIS data indicating a voyage from Casablanca, Morocco, to St. Petersburg, Russia. According to the Coast Guard, the ship’s flag status could not be verified, leading authorities to classify the vessel as stateless under applicable national and international maritime law. “At 15:50 today the Coast Guard took control of a vessel with unclear flag status and therefore suspected of being stateless,” the agency said in a statement. Under maritime law, vessels lacking a recognized flag state may lose certain protections normally afforded under...
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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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