IMO Council condemns attacks on shipping, calls for safe-passage framework in Strait of Hormuz

IMO Council condemns attacks on merchant ships and urges international coordination to safeguard civilian shipping, during extraordinary session in London. The Council of the International Maritime Organization (IMO) has strongly condemned the threats and attacks against vessels and purported closure of the Strait of Hormuz, in line with UN Security Council Resolution 2817, which have …

IMO Council condemns attacks on shipping, calls for safe-passage framework in Strait of Hormuz Read More »

Rising costs: The surge in bunker prices is reshaping dry bulk freight dynamics

Surging bunker prices are reshaping freight dynamics, with fuel costs now accounting for a significantly larger share of freight than usual. While all vessels are exposed to high prices, scrubber-fitted ships remain relatively better positioned. This creates further upside risk for freight rates despite limited disruption to dry bulk fundamentals. While the US/Israel–Iran conflict has …

Rising costs: The surge in bunker prices is reshaping dry bulk freight dynamics Read More »

BIMCO strengthens focus on seafarers

BIMCO has published a revised position paper on seafarers, expanding its previous focus on fair treatment into a broader framework addressing the long-term sustainability of the global maritime workforce. The updated position “Supporting maritime workforce sustainability” reflects growing recognition across the industry that ensuring a resilient and attractive seafaring profession requires a holistic approach. This …

BIMCO strengthens focus on seafarers Read More »

Hormuz update: 1,518 vessels affected, crude cargoes concentrated in Gulf

AXS Marine provided some results of its AIS-derived vessel and commodity tracking data, following recent developments in the Strait of Hormuz. Key data points: 1,518 merchant vessels positioned on either side of the Strait (as of noon today) 613 vessels recorded with AIS switched off or spoofed in the region 494 laden vessels remain inside …

Hormuz update: 1,518 vessels affected, crude cargoes concentrated in Gulf Read More »

U.S. says Cuba is prohibited from taking Russian oil as two tankers head to island

The U.S. Treasury Department has said Cuba won’t be allowed to take delivery of Russian crude, even as the fuel-starved island appears poised to receive two tankers carrying oil and gas. In a general license published Thursday, the Treasury’s Office of Foreign Assets Control (OFAC) added Cuba to a list of countries that would be …

U.S. says Cuba is prohibited from taking Russian oil as two tankers head to island Read More »

BAR Technology warns fuel strategy has shifted from decarbonisation to commercial survival

Fuel strategy in global shipping is increasingly being shaped by immediate commercial realities rather than long-term decarbonisation targets, according to BAR Technology, as volatility in energy markets pushes operators to rethink how they power their fleets. A combination of infrastructure disruption, geopolitical risk and persistent uncertainty around key maritime corridors is exposing the fragility of …

BAR Technology warns fuel strategy has shifted from decarbonisation to commercial survival Read More »

Columbia Group warns of widening gap between cyber regulation and real-world readiness at CRA Europe 2026

Columbia Group has raised concerns about the growing gap between cyber regulation and operational readiness slowing industry progress, following discussions at this year’s CRA Europe 2026 – Cyber Resilience in Action conference in Bucharest. Held at the Romanian Parliament, the conference brought together more than 150 policymakers, regulators and industry leaders to explore how organisations …

Columbia Group warns of widening gap between cyber regulation and real-world readiness at CRA Europe 2026 Read More »

Navigator Gas Announces Pricing of Upsized Secondary Public Offering by Selling Shareholder and Concurrent Repurchase of Shares by Navigator Gas

Navigator Holdings Ltd. announced the upsize and pricing of the previously announced public offering (the “Secondary Offering”) of a total of 8,000,000 shares of the Company’s common stock (the “Offered Shares”) by BW Group Limited, as the selling shareholder of the Company (the “Selling Shareholder”), at a public offering price of $17.50 per share (the …

Navigator Gas Announces Pricing of Upsized Secondary Public Offering by Selling Shareholder and Concurrent Repurchase of Shares by Navigator Gas Read More »

Scroll to Top