The security environment in the Black Sea has taken another significant turn after a Chevron-chartered Aframax tanker was struck by a drone while approaching the Caspian Pipeline Consortium (CPC) terminal near Novorossiysk, Russia, highlighting the growing risks facing commercial shipping operating in the region. The incident occurred on 7 July, […]
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The United States has significantly expanded its Cuba sanctions framework, creating a new level of compliance risk for shipowners, operators, charterers, insurers, banks, and other maritime stakeholders worldwide. With the introduction of Executive Order (EO) 14404, signed on 1 May 2026, the U.S. has, for the first time, established a […]
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Multiple Attacks Trigger Highest Security Concerns for Commercial Shipping The security situation in the Strait of Hormuz has deteriorated significantly after three commercial tankers were attacked within 24 hours, prompting maritime security authorities to raise the regional threat level to “Severe.” The incidents have renewed global concerns over the safety […]
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Turning Safety Insights into Safer Operations The maritime industry has significantly strengthened its safety management systems over the years. Despite these improvements, serious incidents continue to occur during high-risk operations. The focus is no longer on introducing more procedures, but on ensuring existing controls are practical, consistently applied, and fully […]
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Growing geopolitical tensions are reshaping global shipping, forcing operators to balance safety, resilience, and supply chain reliability as critical maritime trade routes face unprecedented uncertainty. The global shipping industry is navigating an increasingly uncertain operating environment, with an estimated $125 billion worth of vessels and cargo currently awaiting safe passage […]
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The safe carriage of nickel ore cargoes from the Philippines and the Solomon Islands has once again come under the spotlight following a significant rise in exports since 2024. The International Group of P&I Clubs (IG), in collaboration with INTERCARGO and UK cargo expert Roxburgh, has issued a new industry […]
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A Wake-Up Call for Global Supply Chain Risk Management The sinking of the Tanzania-registered container vessel GOLDEN STAR 1 near Batam, Indonesia, has once again highlighted the complex risks that exist within global shipping and international trade. According to the Maritime and Port Authority of Singapore (MPA), the incident occurred […]
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Inspector: Capt E******C Port: Houston, Texas, USA Duration: 8.0 Hours OBSERVATION NO 1: The vessel was not supplied with portable or personal gas detectors capable of testing the atmosphere of enclosed spaces for Carbon Dioxide (CO2) as required by IMO Resolution MSC.581(110), adopted on 27 June 2025. The vessel had […]
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Rising geopolitical tensions are placing global shipping under renewed scrutiny. The U.S. Office of Foreign Assets Control has issued a strong warning: companies could face sanctions if they make any form of payment to Iran in exchange for safe passage through the Strait of Hormuz. This critical waterway—handling nearly 20% […]
Read moreKey Points from the 2025 Annual Inspections Report Rising inspections, evolving risks, and deeper insights into vessel performance—this report highlights how the maritime industry is improving compliance while still facing critical challenges in safety management, maintenance, and operational discipline. A closer look reveals where the real risks lie and what […]
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