The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, retreated for the third session on Friday, slipping about 3.1% to its lowest since July 3 at 2,752 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also declined for the third day, dropping …
As fatigue management, crewing and seafarers rest feature increasingly on the international regulatory agenda, BIMCO is asking the industry to share practical experience on challenges and best practices related to operational crewing and compliance with work and rest hour requirements. The survey will help BIMCO build balanced evidence on how these issues are managed in …
In an evolving threat landscape where ‘secure-by-design’ has become the new industry standard, managed connectivity services offer a practical pathway for operators to protect their fleets, says Laurie Eve, Vice President Global Merchant Sales, Inmarsat Maritime. In an increasingly connected maritime industry, cyber resilience has become as fundamental as connectivity itself. Shipowners and operators are …
Complex Cybersecurity Threats Demand Practical Solutions Read More »
Jamming and spoofing can materially affect a vessel’s navigation and decision making. These same issues may give rise to disputes between owners and charterers, where decisions taken in response to interference impacts the performance of charterparty obligations. In one case where HFW was instructed by owners, a master exercised reasonable judgment in determining it was …
Russia’s fuel export bans and ongoing attacks on its oil infrastructure by Ukraine are forcing a structural shift in clean tanker markets, broadly favoring long-haul routes while pressuring short-haul regional trade. In June 2026, Russia’s exports of refined products experienced a significant downturn, falling by 14% month over month to 1.613 million b/d, down from …
Long-haul clean tanker demand rises on Russian diesel exports woes Read More »
The World Shipping Council, representing the global container shipping and vehicle carrier industry, welcomes the European Commission’s practical EU ETS revisions to accelerate alternative maritime fuels and channel revenues back into shipping’s decarbonisation. The proposed fuel mechanism announced today for the maritime sector follows the policy logic already used in aviation. Helping close the price …
The Directorate General of Maritime Administration of India has issued precautionary measures to ensure the safety of Indian Seafarers amid the escalation of the war in the Middle East, according to a notice published on X, formerly Twitter, July 15. This comes amid multiple attacks on merchant vessels in the Strait of Hormuz. According to …
India issues guidelines for seafarers to ‘avoid’ voyages to Strait of Hormuz Read More »
Iran said it had launched a fresh round of attacks on U.S. facilities in the Middle East on Friday, after American military forces targeted Iranian military sites. The latest exchange of strikes threatened to heighten uncertainty around the status of the Strait of Hormuz. Tanker traffic through the narrow waterway has reportedly been disrupted once …
Iran, U.S. exchange new strikes, leaving Hormuz status uncertain Read More »
Hamburg-based MPC Capital AG announced it will change its name to MPC Oceanic Group AG. The new corporate brand “MPC Oceanic” combines its 30-year heritage of the “MPC” brand with “Oceanic”, a reference to the ocean as the foundation of the Group’s activities. The ocean enables global trade and is central to how the world …
French marine fuel cell company Genevos has partnered with Dutch marine engineering firm Koedood Marine to explore the deployment of hydrogen fuel cell systems on inland and coastal vessels. The partnership will assess how Genevos’ marine fuel cell systems can help shipowners and shipyards transition to zero-emission operations. The collaboration comes amid growing demand for …
Genevos and Koedood Marine partner on marine hydrogen fuel cells Read More »
