US Treasury Targets Iranian Oil Exports and Shadow Fleet
US Treasury on 21st Aug 2025, has targetted Iran’s oil exports by imposing sanctions on Greek national Antonios Margaritis, his network of companies, and nearly a dozen vessels involved in…
Mumbai to Host ‘Waterways to Wonder: Unlocking Cruise Tourism’ Conference
Mumbai Port Trust, in association with Inland Waterways Authority of India (IWAI) and the Indian Ports Association (IPA), is organising a conference titled ‘Waterways to Wonder: Unlocking Cruise Tourism’ on…
India Adopts New Indian Ports Bill, 2025
Centre–State coordination for port-led development, and boost investor confidence in a sector crucial to the country’s trade ambitions. Union Minister Shri Sarbananda Sonowal described the move as “a milestone reform…
SITC International Adds 4 More Vessels to its Growing Fleet
As demand for modern feeder containerships continues to surge, SITC International has announced the order of four 2,700 TEU container vessels from Huanghai Shipbuilding, with a total contract value of…
BIMCO War Risks Clause 2025
BIMCO has published updated war risks clauses for both Time and Voyage Charters. An overview of the main changes compared with the 2013 clauses is provided below. The BIMCO War…
FMC Grants Chipolbrok’s Petition for an Exemption under 46 U.S.C. § 40703, Subject to Conditions
The Federal Maritime Commission (FMC or Commission) has granted, with conditions, an exemption from the publication requirements of 46 U.S.C. § 40703 to Chinese-Polish Joint Stock Shipping Company (“Chipolbrok”), a…
UANI Calls for Action Against Iranian Transnational Repression
UANI Calls for Immediate Consequences on Iran’s Regime for its Campaign of Transnational Repression (New York, NY) – United Against Nuclear Iran (UANI) Chairman Governor Jeb Bush and CEO Ambassador…
Indian Parliament Clears Coastal Shipping Bill, 2025
“Coastal Shipping Bill, 2025 aims to boost coastal cargo upto 230 million metric tonnes by 2030”: Sarbananda Sonowal “National Coastal and Inland Shipping Strategic Plan to Steer Future Infrastructure and…
Mawani and Petrotank Sign SAR 500 Million Contract to Establish Integrated Bunkering Hub at King Fahad Industrial Port
The Saudi Ports Authority (“Mawani”) has signed a land lease contract with the National Petroleum & Petrochemical Tanks & Pipeline Co. (“Petrotank”) to establish an integrated marine bunkering hub at…
NYK’s Sixth Duel Fuel LPG Carrier Named “Luna Pathfinder”
On August 5, a naming ceremony took place at the Sakaide Works of Kawasaki Heavy Industries Ltd. for a newly built very large gas carrier (VLGC). This vessel marks the…