Maritime Industry Top News
Congo Lake Tumba Accident: 48 Dead, More Likely
The death toll has risen to at least 45 after three motorized canoes capsized in Democratic Republic of Congo's Lake Tumba last Wednesday, a local official said, as the search for survivors continued.Lake Commissioner Gabriel Ifulu Bongolomba said some 45 people were killed in the accident, while others were believed missing. The search for survivors was under way with Red Cross help, he added, with 100 people or so confirmed alive so far."Some survivors were afraid to come forward…
Global Maritime S&R Systems Under Review
The International Maritime Rescue Federation (IMRF), in partnership with Lloyd’s Register Foundation, has launched a Global Maritime Search and Rescue (SAR) Systems Review in order to understand, evaluate and help strengthen maritime SAR systems worldwide.This strategic review will assess the current effectiveness of SAR capabilities at local, national, and international levels, identify emerging risks and critical gaps…
Russian Urals Oil Prices Rise Above Western Price Cap
Russia's Urals crude oil price rose above the $60 per barrel limit imposed by Western nations as the Brent price jumped last week, fuelled by rising tensions in the Middle East, Reuters calculations based on traders' data showed on Monday.Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East.The U.S.…
Japan Energy Expo '25 Opens this Week
JERA’s major U.S. LNG supply deal sets the stage for Japan Energy Summit & Exhibition 2025, taking place 18 – 20 June in Tokyo, with live commentary expected from JERA’s Global CEO and METI during the Opening Ceremony.The Strategic Summit will feature top executives from Shell, TotalEnergies, and Linde, alongside government leaders, addressing global energy stability, LNG diversification, and clean fuel investments.With over 100 exhibitors and sponsors…
Tanker Trade Stands Firm (for now) Amidst Middle East Conflict
When tensions rise in the Middle East, it can be helpful to look at what is not happening as much as what is.In the crude oil market, this means focusing on the fact that so far not a single barrel of crude oil supply has been lost. It is in the interests of all involved parties that this remains the case.Crude oil prices rose again in early trade in Asia on Monday, with global benchmark Brent futures LCOc1 gaining 2.1% to trade at $75.76 a barrel.This built upon the 7% leap on June 13…
Inmarsat Maritime to Install NexusWave Connectivity Service on Pacific Basin Dry Bulk Carriers
Inmarsat Maritime, a Viasat company, has signed an agreement with Pacific Basin Shipping Limited, one of the leading dry bulk carrier owners, to install NexusWave fully managed bonded connectivity service on board an initial five ships.Hong Kong-based Pacific Basin is prioritizing enhancements to both crew and business communications aboard its growing fleet of geared Handysize and Supramax bulk carriers…
Aramco CEO: Realism Must Anchor Global Energy Transition, Especially in Asia
Aramco President & CEO Amin H. Nasser used his address at Energy Asia 2025 to deliver a pointed message: the global energy transition must be rebalanced with pragmatism, especially for fast-growing regions like Asia that are still heavily reliant on conventional energy.In his speech, Nasser said that the transition narrative of recent years — one that promised a swift, seamless move away from oil and gas — has not aligned with the realities of global demand, particularly in Asia.
Russia Grain Exports Plummet 63%
Russia's seaborne grain exports fell to 2.1 million metric tons in May, a fall of 62.9% compared to the same month of 2024, according to shipping data from industry sources released on Monday.Russia, the world's leading wheat exporter, shipped grain to global markets at a record pace during the first part of the 2024/25 marketing season, which began on July 1 last year. However, the introduction of…
US Warships Arrive in Australia, Prep for War Games, Summit
A key U.S. warship arrived in Australia on Saturday ahead of joint war games and the first summit between Prime Minister Anthony Albanese and President Donald Trump, which is expected to be dominated by military issues.The America, the U.S. Navy's lead amphibious assault ship in the Indo-Pacific, entered Sydney Harbour as the first of three ships in a strike group carrying 2,500 sailors and marines…
SMST Books Equipment Order for LDA’s Newbuild SOVs
Dutch offshore equipment supplier SMST has been selected by Louis Dreyfus Armateurs (LDA) for the delivery of two sets of mission equipment, with an option for a third set, for service operation vessels (SOVs) ordered by Vattenfall.The Telescopic Access Bridges (TAB-L1), Access and Cargo Towers (ACT) and the 5t Motion Compensated Cranes (MCC-M) will be supplied to LDA’s newbuild SOVs.The by Salt designed vessels…
US Aircraft Carrier Steams Toward Middle East Tensions
U.S. aircraft carrier USS Nimitz left the South China Sea on Monday morning heading west, according to data from ship tracking website Marine Traffic, after a reception for its planned port call in central Vietnam was cancelled.The carrier had planned to visit Danang City later this week, but two sources, including one diplomat, said a formal reception slated for June 20 had been called off.One of the sources said the U.S.
Singapore Ship Bunker Sales hit 16-month High
Marine fuel sales in Singapore recovered to hit 16-month highs in May, official data showed on Monday.Volumes at the world's largest bunker hub for ships totalled 4.88 million metric tons, up 10.8% month-on-month and 1.1% higher year-on-year, according to data from the Maritime and Port Authority of Singapore (MPA).The uptick emerged as more vessels arrived in Singapore for container movements and bunkering."Container throughput is at the highest in the year to date…
Electronic Interference Jams Ship Comms in Gulf and Strait of Hormuz
The United Kingdom Maritime Trade Operations (UKMTO) said on Monday it had received multiple reports of increasing electronic interference in the waters of the Gulf and the Strait of Hormuz.It added that the interference is significantly impacting vessels' positional reporting through automated systems.The warning coincides with heightened tensions between Israel and Iran, with Israel continuing to strike targets inside Iran and Tehran launching missile attacks on Israeli territory.UKMTO advised
Geopolitical Drama Hurting Ship Recycling Markets
The Indian sub-continent recycling markets have been on a downward spiral for most of this year and this week was no different, reports cash buyer GMS.Offers are retreating across the market rankings and owners are chasing market levels amidst an economic and global uncertainty that was expected to deliver an influx of recycling tonnage and is yet to be fully seen.“Indeed, constant geopolitical drama…
Unresolved Issues Plague Vietnam-US Trade Talks
Vietnam and the United States made progress during a third round of trade negotiations last week, but critical issues remain unresolved, requiring further analysis and continued dialogue, Vietnam's trade ministry said on Sunday.The talks, in Washington, D.C. from June 9-12, were held as a pause on 46% "reciprocal" tariffs on Vietnamese exports approaches expiration in early July, adding pressure on…
Indigenous Rangers Help Apprehend Foreign Fishers in Australia
Australian Border Force (ABF) has intercepted a foreign fishing vessel and apprehended seven crew members for allegedly fishing illegally in waters off the Northern Territory, Australia, after Bawinanga Rangers originally sighted the craft near Maningrida.Officers boarded the vessel and seized 750kg of sea cucumber, 30kg of salt used to preserve catch, and fishing equipment.Authorities destroyed the…
Canadian Navy Commissions AOPV HMCS Frédérick Rolette
The Royal Canadian Navy (RCN) has welcomed His Majesty’s Canadian Ship (HMCS) Frédérick Rolette into naval service.HMCS Frédérick Rolette is the fifth Harry DeWolf class Arctic and Offshore Patrol Vessel (AOPV) to be welcomed into the RCN’s fleet.These vessels are designed to enhance the RCN’s ability to enforce sovereignty in Canadian waters and helps meet future defense challenges in Northern waters.
Protesters Call for Halt to Live Calf Exports
Compassion in World Farming campaigners gathered at the port outside Brittany Ferries headquarters in Portsmouth, UK, on Saturday to call on the company to reverse its decision made earlier this year to resume the live export of farmed animals from Ireland to France after a 30-year hiatus.The event marked the tenth annual Ban Live Exports International Day which was first launched in 2016 to mark the anniversary of 13…
New Crane Tips Over During Delivery at Tuas Port
A new quay crane at Tuas Port, Singapore, tipped over on Sunday while it was being delivered to a non-operational berth.There were no injuries or fatalities.No damage has been assessed to adjacent port equipment and facilities. All of PSA Singapore (PSA)’s current operational berths remain fully accessible, and all port operations and port development works remain unaffected.The incident is under investigation.
China Patrols South China Sea, Warns Philippines
China's military held joint sea and air patrols in the South China Sea on Saturday, a spokesperson for the People's Liberation Army's Southern Theater Command said.Spokesperson Tian Junli said in a statement on Sunday that the Philippines has courted countries outside the region to organise "joint patrols" and "raised security risks" in the region."The theater command forces remain on high alert, resolutely safeguarding China's national sovereignty and maritime rights," he said, adding that "all
