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The 2012 Cape Town Agreement has met the requirements for entry into force and will enter into force in February 2027, closing a longstanding gap in the global maritime safety framework. The Agreement sets out mandatory safety standards for more than 45…
https://www.marinelink.com/news/global-treaty-fishing-vessel-safety-536096
https://www.marinelink.com/news/global-treaty-fishing-vessel-safety-536096Shipping will have no choice but to boost self-regulation as well as choosing the right ‘safe haven’ partners if it is to deal with the huge pressures the fast-changing political, trade and regulatory landscapes will inflict on the industry…
https://www.marinelink.com/news/opinion-shipping-need-selfregulation-536097
https://www.marinelink.com/news/opinion-shipping-need-selfregulation-536097ABS has opened the ABS Cruise Center of Excellence, its dedicated global hub for the cruise sector, located in Fort Lauderdale, FL. The center expands ABS’ local presence and provides cruise operators with direct access to industry-leading classification…
https://www.marinelink.com/news/abs-opens-us-cruise-center-excellence-536098
https://www.marinelink.com/news/abs-opens-us-cruise-center-excellence-536098Soybean trade flows between the US and China are unlikely to shift materially following the US Supreme Court’s ruling against President Donald Trump’s country-specific tariffs, market sources based in the US and China said. According to market participants, the recent changes to the tariff structure in the US are unlikely to impact the soybean trade ...
https://www.hellenicshippingnews.com/us-china-soybean-trade-unlikely-to-see-much-change-after-tariff-ruling/According to Drewry AIS data, Capesize cargo loadings in January 2026 were the highest ever recorded for January, setting the tone for an unusually tight market. Strong demand coincided with limited fleet growth, as high delivery slippage curtailed effective supply. As a result, Capesize rates defied their usual seasonal decline. Freight rates typically soften in ...
https://www.hellenicshippingnews.com/record-capesize-loadings-in-january-defied-seasonal-weakness/
https://www.hellenicshippingnews.com/record-capesize-loadings-in-january-defied-seasonal-weakness/The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for a third session on Tuesday, rising by 0.8% to its highest since January 30 at 2,129 points. The supramax index increased 3.2% to 1,217 points; and the panamax index, which usually carries 60,000-70,000 tons of coal or grain, went ...
https://www.hellenicshippingnews.com/baltic-dry-index-up-for-3rd-day/
https://www.hellenicshippingnews.com/baltic-dry-index-up-for-3rd-day/Malaysian tanker owner and operator Orkim has entered into a time charter contract for one of its vessels with Petronas’ trading arm, PETCO Trading Labuan Company. Under the contract, the charter period is for six months commencing from the end of February 2026, with an option to extend for a further six months. According to …
https://splash247.com/orkim-secures-mr2-charter-with-petronas-trading-unit/
https://splash247.com/orkim-secures-mr2-charter-with-petronas-trading-unit/US naval forces have boarded the Cook Islands-flagged tanker Bertha within the US Indo-Pacific Command Area of Responsibility in the Indian Ocean. The US Department of War stated that forces conducted a “right-of-visit maritime interdiction and boarding” overnight without incident. The Department said on X that the 2004-built vessel was operating in defiance of “President …
https://splash247.com/us-naval-forces-board-sanctioned-iran-linked-tanker-in-indian-ocean/
https://splash247.com/us-naval-forces-board-sanctioned-iran-linked-tanker-in-indian-ocean/The UK has rolled out its largest sanctions package against Russia since the early months of the war in Ukraine, with oil tankers and LNG shipping among the main targets as London looks to squeeze Moscow’s energy revenues. Nearly 300 entities have been sanctioned in the new measures announced Tuesday, with the government focusing heavily …
https://splash247.com/uk-hits-shadow-fleet-and-lng-trades-in-fresh-russia-sanctions-push/
https://splash247.com/uk-hits-shadow-fleet-and-lng-trades-in-fresh-russia-sanctions-push/Marine insurer NorthStandard has entered a two-year partnership with behavior change specialist Signol to offer members discounted access to a crew-focused decarbonization service aimed at reducing fuel consumption and emissions.Under the agreement…
https://www.marinelink.com/news/northstandard-partners-signol-support-536061
https://www.marinelink.com/news/northstandard-partners-signol-support-536061