The maritime industry continues to improve its safety record, but the challenges confronting shipowners, operators, insurers and regulators have never been more complex.According to Allianz Commercial's Safety and Shipping Review 2026, global shipping losses remain near historic lows…
'Even if the Strait of Hormuz reopens, significant uncertainty will remain and continue to shape market outcomes,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Key uncertainties include whether the US/Iran agreement will hold, when the Strait of Hormuz (SoH) will fully reopen…
As part of its new group strategy Xcelerate29, HDI Global (HDI) announced a new organizational setup and leadership changes in its US business.In line with the Xcelerate29 strategy, HDI Global is pursuing growth in the US market. To meet the requirements of the coming years…
Oil tanker operators are reaping record profits after nearly doubling the hire cost of vessels going through the Strait of Hormuz and wider Gulf region this week on rising demand as traffic through the waterway slowly picks up, according to shipping data and sources…
Global maritime charity Sailors' Society has announced a partnership with insurance giant NorthStandard to roll out its Sea Mate training to the P&I club's Members. The partnership prompts a sea change in seafarer care with a dramatic increase in the number of Wellbeing Officers on board ships…
Morten Christian Larsen will succeed Søren Kringelholt Nielsen as President of Svanehoj. Svanehoj, a specialist in marine pumps and safety equipment for liquefied gases, will have a new President as of July 1, 2026. After seven successful years as President…
The U.S. Merchant Marine Academy (USMMA) graduated 188 new merchant marine and military officers during its 90th commencement ceremony.U.S. Secretary of Transportation Sean P. Duffy, whose department oversees the Academy, one of the Nation’s five service academies…
Webb Institute celebrated the Commencement of its newest class of naval architects and marine engineers, sending another group of exceptional graduates into the maritime and defense industries that depend on them. U.S. Representative Thomas…
The Board of the International Chamber of Shipping (ICS) has unanimously elected John Denholm CBE as Chairman of the Board.The decision was made by the ICS Board of Directors at the organization's Annual General Meeting, held at Palazzo Valentini in Rome…
DP World Cochin’s International Container Transshipment Terminal (ICTT) achieved its highest monthly throughput in May 2026 for CY2026, handling 77,637 twenty-foot equivalent units (TEUs). The milestone reflects the terminal’s growing role in…
DNV has published a recommended practice (RP) providing a standardized framework for measuring and verifying the performance of onboard carbon capture and storage (OCCS) systems on ships, setting the stage for further developing onboard captured carbon solutions and technologies…
OCIMF announced the appointment of Don Davis as its new Managing Director. Don joins the organisation at a pivotal moment, as OCIMF enters a new phase following the recent evolution of its mission and brand to support maritime safety across the wider energy sector…
A mismatch in contract terms has led to a $110,000 settlement against a shipbroker, highlighting the risks brokers face when fixtures are not clearly aligned on a back-to-back basis when fixing charter parties.According to International Transport Intermediaries Club (ITIC)…
The digitalization trend in offshore energy operations is hardly news, but the speed of technology evolution, driven by artificial intelligence with the companion threat of cyber breaches offers as many questions as answers, as many challenges as opportunities…
Maritime recruitment has become more digital, but many platforms still replicate familiar agency workflows online. JobMarineMan.com, developed by ship and crew management company Marine MAN, is taking a different approach: a direct recruitment ecosystem built for shipowners and seafarers…
