Japan is revising its offshore wind auctions by reducing the weight of speed, tightening price rules and opening capacity-style support so that awarded projects stand a better chance of reaching completion.
A coalition of shipping associations including BIMCO, ICS, INTERCARGO and INTERTANKO has released an updated MISTO, reflecting current security risks in the Red Sea, Gulf of Aden and Northwest Indian Ocean.
Twelve fishers on the Portuguese-flagged Novo Ruivo have gone eight months without pay while stranded in Mindelo, Cape Verde, with $68,420 in wage arrears, prompting ITF action over C188 violations.
Strategic Marine, working with Prima Marine, has delivered two 42 m Gen 4 Fast Crew Boats to NMDC LTS in the Middle East. The vessels feature a gyro stabiliser system, ergonomic seating for up to 80 people, reinforced cargo decks and provision for hybrid and walk-to-work upgrades.
Greece held a memorial at the Athens Megaron Concert Hall to mark one year since the passing of oil and shipping businessman Vardis I. Vardinogiannis, with state, church, military and business leaders honouring his legacy.
Japan’s major carriers—NYK, MOL, and “K” Line—are set to invest in MILES to standardize LCO2 carrier and new fuel ship designs. This unprecedented collaboration between shippers and yards aims to boost productivity and global competitiveness.
Two sanctioned Russian tankers were struck by Ukrainian naval drones off Turkey, forcing major rescue operations as both vessels caught fire. The incidents underscore rising risks around Russia’s shadow fleet.
Two Russian-linked sanctioned tankers were hit by blasts in the Black Sea, prompting a major emergency response from Turkish authorities. Fires broke out on both ships, but all crew were safely evacuated as officials investigated the cause.
Korea has secured a Category A seat on the IMO Council for the 13th consecutive term at the organization’s 34th general meeting in London, reaffirming its position in global shipping and shipbuilding governance.
