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2025 was a year of recalibration, continuing the softness experienced since the fourth quarter of 2024. Rather than a slowdown, this period can be better described as a collective deep breath as the industry prepares for the next upcycle in the Asian Pacific region.Compared to 2024…
https://www.marinelink.com/news/osv-market-asia-pacific-downshifts-long-536722
https://www.marinelink.com/news/osv-market-asia-pacific-downshifts-long-536722The global maritime industry has long been the arterial system of the world economy, responsible for over 90% of global trade. For centuries, the primary dangers to a vessel were physical: crushing storms, mechanical failure, or the threat of piracy.
https://www.marinelink.com/news/navigating-third-era-maritime-cyber-risk-536724
https://www.marinelink.com/news/navigating-third-era-maritime-cyber-risk-536724North American Blue Energy, a company backed by U.S. energy magnate Harry Sargeant III, has moved to export nearly 1 million barrels of Venezuelan crude for delivery into China, Bloomberg News reported on Monday, citing a document.The cargo…
https://www.marinelink.com/news/m-barrels-venezuelan-crude-headed-china-536725
https://www.marinelink.com/news/m-barrels-venezuelan-crude-headed-china-536725A Greek‑operated oil tanker has sailed through the Strait of Hormuz, ship tracking data showed on Monday, in a sign that some commercial vessels are still attempting to navigate the vital passage despite the U.S.-Israel war with Iran.The Shenlong Suezmax…
https://www.marinelink.com/news/greek-vessel-laden-saudi-oil-sails-536727
https://www.marinelink.com/news/greek-vessel-laden-saudi-oil-sails-536727Pakistan's navy has launched a maritime security operation to protect shipping lanes and energy supplies as regional tensions threaten key sea routes, the military said on Monday.The operation, named Muhafiz-ul-Bahr – meaning Protector of the…
https://www.marinelink.com/news/pakistan-navy-launches-shipping-security-536731
https://www.marinelink.com/news/pakistan-navy-launches-shipping-security-536731France is deploying about a dozen naval vessels, including its aircraft carrier strike group, to the Mediterranean, Red Sea and potentially the Strait of Hormuz as part of defensive support to allies threatened by the conflict in the Middle…
https://www.marinelink.com/news/france-deploy-aircraft-carrier-strike-536734
https://www.marinelink.com/news/france-deploy-aircraft-carrier-strike-536734On March 9, Chief Mate Ali Albokhari’s 30-year sentence was upheld by the Supreme Court in Turkey.Albokhari was arrested in 2023 while working on the Panama-flagged Phoenician M after drugs were found in the vessel’s cargo holds. No evidence was found that linked any of the crew to the drugs…
https://www.marinelink.com/news/seafarers-year-jail-term-upheld-turkish-536735
https://www.marinelink.com/news/seafarers-year-jail-term-upheld-turkish-536735The U.S. Coast Guard authenticated the keels for future Coast Guard cutters Allen Thiele, Fred Permenter and Samuel Wilson on Friday in Bayou La Batre, Alabama.The cutters are the first three of 30 future Waterways Commerce Cutters (WCCs) that…
https://www.marinelink.com/news/us-coast-guard-authenticates-keels-three-536736
https://www.marinelink.com/news/us-coast-guard-authenticates-keels-three-536736The war in the Middle East is disrupting shipping patterns and raising risks across multiple dry bulk supply chains. Pellet supply in the region is at risk as vessels avoid the Gulf, while steel imports may decline. In energy markets, LNG disruptions and tighter gas inventories could lift European coal demand, while petcoke flows through ...
https://www.hellenicshippingnews.com/middle-east-war-disrupts-dry-bulk-commodity-trade-as-hormuz-shipping-grinds-to-a-halt/With oil prices zooming up in early trading by their largest percentage daily gain seen since 1988, and overall spot shipping rates at their highest levels in history, the ongoing conflict between Iran and the US/Israeli coalition – now into its 10th day – continues to weigh heavily on the global economy. The Clarksea Index …
https://splash247.com/hormuz-paralysis-rewrites-shipping-economics/
https://splash247.com/hormuz-paralysis-rewrites-shipping-economics/