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GMS: Market faces challenges due to OFAC sanctioned vessels

According to GMS’ latest report, the ship recycling industry is facing challenges as OFAC sanctioned vessels remain stranded, with regulatory scrutiny intensifying.This week’s news...

Global superpowers engage in talks for safe Black Sea shipping

U.S. and Russian officials met in Saudi Arabia on 24 March for talks aimed at reaching a ceasefire in Ukraine, with a focus on...

Swedish Club: U.S. proposed fees can shift global trade flows

According to the Swedish Club, the proposed U.S. port fees could lead to legal disputes, disrupt charter rates, impact vessel asset values, and shift...

South Korean shipping companies turn to Starlink for crew retention

South Korean shipping companies are increasingly turning to Starlink, to address the issue of social isolation among young sailors which has led to higher...

Pirates release hijacked vessel off of Somalia

The Yemeni-flagged dhow “AL-HIDAYA” that was hijacked on 16 March off Durdura, in the vicinity of Eyl, Northern coast of Puntland in Somalia has...

Methane slip measurements to reduce reported GHG emissions

Methane slip, as based on standard factors, can account for up to 24% of GHG emissions from an LNG-fuelled vessel. As an alternative to...

Transport Malta Investigation: Fatal injuries in ballast pump-room

Transport Malta has published an investigation report into an incident where a crew member was severely scalded by steam onboard a chemical tanker.On 28...

Baltic Exchange: Maritime market highlights 17-21 March

The Baltic Exchange has issued its report for the last week, 17-21 March, to provide information of the bulk market performance.The Capesize Timecharter Average...

DNV: Methane slip monitoring to reduce reported GHG emissions

According to DNV, even thoughthe total amount of methane slip might initially seem minor, it significantly impacts reported GHG emissions.Methane slip, as based on...

UK MAIB issues call for improved safety following investigation

The UK MAIB has issued a call for immediate action to improve safety procedures following its investigation into the deaths of three stevedores aboard...
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