The Chemical Distribution Institute (CDI) has announced the successful completion of the first vessel inspection under its newly launched Liquefied Carbon Dioxide (LCO₂) Vessel Inspection Programme, marking an important development for the emerging maritime carbon transport sector. The programme has been introduced under the CDI-Marine Inspection Scheme to support the […]
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Red Sea Attack and Strait of Hormuz Restrictions Signal Rising Maritime Risk Maritime security concerns are intensifying across the Red Sea and Arabian Gulf, with a tanker coming under attack west of Yanbu, Saudi Arabia, while commercial traffic through the Strait of Hormuz has fallen to a fraction of its […]
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The safety of Indian seafarers navigating the Strait of Hormuz has come under renewed scrutiny after the Forward Seamen’s Union of India (FSUI) raised concerns that some shipowners and operators may be pressuring crews to enter the high-risk waterway despite their concerns over personal safety. The issue comes at a […]
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The Very Large Crude Carrier (VLCC) market has entered exceptional territory, with freight rates surging simultaneously across both sides of the Suez Canal. Strong Chinese crude buying, rapidly tightening vessel availability and the continuing security challenges around the Strait of Hormuz are combining to create one of the most dramatic […]
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Greek-Interest Tanker Reportedly Struck by Drone While Loading Oil Off Novorossiysk A Greek-interest crude oil tanker was reportedly struck by an aerial drone on 16 August 2026 while loading oil offshore from Novorossiysk, Russia, in the Black Sea, according to a maritime security update. The vessel has been identified as […]
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Oil exports are recovering across the Arabian Gulf as alternative pipelines and export facilities help offset continued disruption in the Strait of Hormuz. However, vessel movements through the strategic waterway remain far below normal levels. Oil flows from the Persian Gulf region have reportedly recovered to approximately 15 million barrels […]
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The possibility of restoring normal shipping through the Strait of Hormuz is facing another setback after U.S. President Donald Trump demanded compensation from Iran for deaths and damages that Washington attributes to Tehran. Trump’s demand comes just as Iran and Oman were working toward an agreement to establish new shipping […]
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A U.S. federal court has sentenced the captain of the tanker Bella 1, later renamed Marinera, to 10 months in prison followed by deportation after he pleaded guilty to refusing an order from the U.S. Coast Guard to stop his vessel. On August 7, the U.S. District Court sentenced 47-year-old […]
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Oil prices moved higher on Friday as uncertainty surrounding the reopening and future operating conditions of the Strait of Hormuz continued to unsettle energy markets. The latest market reaction follows proposals from Iran, reportedly being discussed with Oman, that could introduce strict conditions on vessels seeking to transit the strategic […]
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Maritime sanctions widen as London targets vessels, ship management and financial networks linked to Russian energy exports The United Kingdom has further intensified pressure on Russia’s maritime energy trade by expanding its sanctions regime to target an LNG carrier, five oil tankers and a Mumbai-based ship management company allegedly connected […]
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