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The Maritime and Port Authority of Singapore (MPA), together with industry partners, has launched several new initiatives to enhance maritime safety. Announced at the opening of the 13th Singapore Safety@Sea Week, these initiatives will support shared learning, strengthen operational capabilities, and prepare the industry for the safe adoption of new technologies. 2. Speaking at the opening, Mr Murali Pillai, Senior Minister of State for Law and Transport, highlighted three priorities for strengthening maritime safety: harnessing technology responsibly, preparing early for emerging risks, and keeping people at the centre of safety. He also underscored the importance of strong partnerships across the maritime community in building a strong safety culture. 3. Organised by MPA from 17 to 21 August 2026, this year’s Safety@Sea Week is themed “All Hands on Deck – Safety First!” About 1,500 participants from across the maritime community are expected to take part in 18 events organised by MPA and its partners. These include the Safety@Sea Symposium, featuring seven speakers across two panel sessions, and three workshops on ammonia bunkering, methanol bunkering, and crew safety awareness. Please visit https://www.safetyatseaweek.gov.sg/ for programme details. Encouraging Open Reporting and Shared Learning 4. At the opening of Safety@Sea Week, the National Maritime Safety at Sea Council and the Singapore Shipping Association launched the Singapore Near Miss Reporting System to encourage the reporting and sharing of lessons from near miss incidents. 5. Modelled on the internationally recognised Confidential Human Factors Incident Reporting Programme (CHIRP)[1], the system provides sea space users with a confidential online channel to report near misses. CHIRP will independently receive the submissions and provide anonymised information to the Council, which will distil key safety lessons for sharing with the wider maritime community. Strengthening Situational Awareness 6. MPA also announced the operationalisation of the Integrated Port Operations Command, Control and Communications (IPOC) system, developed with the Defence Science and Technology Agency and ST Engineering. 7. IPOC strengthens MPA’s ability to manage increasingly complex operations and incidents in Singapore’s busy port waters, by bringing together live data from multiple sources to provide MPA officers with a real-time view of port operations and activities. The new map-based tools allow these officers to coordinate operations, share information and identify potential risks, supporting faster and more informed decisions and deployment of resources. Supporting Safe Autonomous Operations 8. Safety@Sea Week also saw the announcement of a MOU between MPA and Ocean Infinity[2] to test, evaluate and validate trials for autonomous and remote marine operations in Singapore port waters. 9. Ocean Infinity will share operational insights and practical lessons from its experience in autonomous and remote maritime operations. MPA will contribute its expertise to guide the design and conduct of trials, and assess the safety and operational considerations arising from them. Both parties will also support capability development, operational experimentation and research partnerships. 10. The trials will provide further operational insights into autonomous vessels and Remote Operations Centres, and inform how such technologies can be safely introduced in Singapore port waters in the future. Recognising Industry Contributions to Maritime Safety 11. Safety@Sea Week also recognises the role of the maritime community in keeping people safe at sea. MPA Chief Executive Mr Ang Wee Keong presented the MPA Safety@Sea Awards to nine companies for their outstanding contributions to search and rescue efforts in 2025. 12. Letters of Commendation were presented to four companies for rendering assistance to those in distress at sea. Details of the recipients are in the Annex. <End of Release> [1] The Confidential Human Factors Incident Reporting Programme (CHIRP) is an independent UK-based charity founded in 1982 that operates a world-renowned safety reporting system for the maritime and aviation sectors. Its primary focus is to ensure that individuals involved in aviation and maritime can share safety concerns and report close-call incidents and lessons learned through CHIRP’s confidential reporting service without fear of being identified or harming their careers. [2] Ocean Infinity is a marine technology company specialising in robotics and large-scale subsea data acquisition. It develops and operates robotic systems, including its Armada fleet, autonomous underwater vehicles and onshore operations centres, enabling safer and more efficient marine operations.

The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. A third ADNOC vessel was struck in two days in the Strait of Hormuz August 17, 2026 With a spate of attacks on vessels affiliated toAbu Dhabi National Oil Co (ADNOC)the frequency of hostile actions against commercial shipping is increasing according to the Joint Maritime Information Center (JMIC). According to the UKMTO the hull of a bulker was struck by an unknown projectile while it was transiting the Omani corridor through the Strait of Hormuz. The vessel’s crew were reported to be safe with no casualties from the incident. Maritime security firm Vanguard Tech said the vessel involved was the Liberian registered bulkerAl Watan. According to Pole Star Global’s PurpleTrac the 2012-builtAl Watanis owned by ADNOC Logistics & Services. A day earlier on 13 August two ADNOC affiliated vessels theNavig8 Messi, owned by Navig8 majority owned by ADNOC L&S, and the Liberian-flagged AframaxTarif,owned by ADNOC L&S, were reported struck by UAVs during outbound voyages in the Strait. Related:US forces strike container ship in Gulf of Oman off Pakistan Both vessels were reported to have sustained minor damaged and continued sailing under their own power. All crew were reported safe and accounted for with no environmental damage. The two attacks were strongly condemned by theUAEgovernment which accused Iran of engaging in piracy. The threat level in the Strait remains at severe according to the JMIC, its second highest level with “deliberate hostile actions considered likely”. “Attack frequency against commercial shipping in the Strait has increased over the reporting period, including unknown-projectile strikes on both inbound and outbound transiting vessels. Reported damage has generally been limited; most vessels have continued under their own power, with no confirmed crew casualties,” JMIC said in an update released on 16 August. The increase in the number of attacks on commercial shipping was assessed as consistent with the severe threat level and did not indicate a change in intent or capability. “Maritime traffic through the Strait of Hormuz is expected to remain at reduced levels across both the northern Iranian-controlled route and the southern Omani corridor. Operator caution should continue, driven by a series of vessel attacks, ongoing US blockade enforcement, and elevated regional tension,” JMIC said. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026

inInternational Shipping News17/08/2026 The tanker market has entered 2026 on a strong footing, driven by a convergence of geopolitical shifts, resilient oil demand, and tightening vessel supply. Freight rates surged to levels more than 60% above the 10-year average by late 2025, with very large crude carrier (VLCC) earnings peaking above $100,000/day, underscoring the bullish tone across the segment. “Longer voyage distances, driven by sanctions and subsequent trade realignments, have tightened supply and extended tonne-mile demand, propelling freight rates far beyond historical averages,” says Catrine Vestereng, SVP and Global Business Director for Tankers at DNV. “With oil demand remaining resilient, these factors are combining to create a market outlook that is both promising and complex, setting the stage for a pivotal year in the tanker segment.” Shifting geopolitical landscapeThis strength is underpinned by profound changes in global trade flows. Geopolitical uncertainty remains a defining feature of the tanker market in 2026. Sanctions on Russian crude and refined products have redirected flows away from traditional short-haul routes, creating longer voyages and tightening oil and vessel supply. “The geopolitical landscape has created an extremely complex environment for tankers,” says Vestereng. “Changing trade patterns – most notably increased imports to China and India from the Middle East and the Atlantic Basin instead of Russia – have resulted in vessels covering much longer distances, pushing tonne-mile demand to record highs.” By the end of 2025, vessel capacity utilization exceeded 90%, lifting freight rates well above historic norms, with VLCC and Suezmax rates both standing out at over 60% above 10-year averages. Resilient oil demand driving seaborne tradeThese factors are being reinforced by sustained global demand for crude oil and oil products, and low oil prices stemming from the production oversupply. China stands out as the main driving force, with over 1 million barrels per day (Mb/d) of new refinery capacity added since 2020 and a further 1.3-1.5 Mb/d set to come online before the end of the decade. “Most of China’s imports arrive via seaborne trade, reinforcing the critical role of tankers in global energy logistics,” says Nicolai Hansteen, Tanker Market Specialist and Business Development Manager at DNV. “India is also expanding its import footprint, further strengthening tonne-mile demand and sustaining high utilization rates across the fleet. These dynamics ensure that, despite long-term decarbonization trends, the near-term outlook for oil transport remains bullish.” Bullish tanker market fuelling surge in newbuildsAfter a surge in orders during 2024, when newbuild orders reached their highest levels in the last decade at around 33 million gross tonnes, the pace moderated to around 20 million gross tonnes in 2025. Nonetheless, driven by a bullish tonne-mile market and high freight rates, the tanker newbuild market is entering a critical phase, and the stage is set for a possible next major tanker newbuild cycle. “While there are a number of factors at play, the next newbuild cycle will likely be driven by an acute need for more capacity on the market,” says Hansteen. “The current orderbook stands at about 17% of the fleet and this is insufficient to fully offset ageing tonnage, particularly in the VLCC and Suezmax segments.” While newbuild prices remain elevated, albeit slightly softened recently, improving yard slot availability in Asia, particularly China, is expected to support steady ordering activity through 2026 and beyond. In the longer term, this is likely to be sustained by elevated freight rates, incentivising further investment despite high newbuild prices. Energy efficiency takes the lead with tanker newbuildsWhile decarbonization remains a defining challenge for shipping, tanker owners are taking a pragmatic route when it comes to newbuilds. Rather than investing in alternative fuel propulsion, which carries high upfront costs and uncertain payback, owners are focusing on proven energy-efficiency measures that deliver immediate gains. “Right now, the priority is on technologies that reduce fuel consumption and emissions without disrupting operational flexibility,” says Vestereng. “We’re seeing widespread adoption of advanced propeller designs, and silicon hull coatings, alongside systems like waste-heat recovery and shaft generators. Variable frequency drives are becoming standard, and shore power connections are appearing on smaller product tankers to cut emissions in port. Scrubbers remain standard equipment for the bigger vessels, mainly to reduce the fuel expenditure.” Other measures include optimizing auxiliary engines and introducing peak-shaving solutions to manage power demand more efficiently. More radical options, such as wind-assisted propulsion technologies, remain on the sidelines due to long payback periods and operational complexity. In the longer term, owners see biofuels as a practical and tangible bridge to meet tightening emissions targets, leveraging existing engine designs rather than committing to alternative-fuelled engines in the newbuild phase, or costly retrofits for the existing fleet. Supply strain extends vessel age thresholdsAs the tanker market tightens, the fate of older vessels is under scrutiny. Charterers have traditionally capped age at 20 years, but supply constraints have pushed limits to 25 in some trades. “Oil majors remain the most restrictive, with rigorous vetting, while traders are more lenient,” says Vestereng. This shift comes against the backdrop of an ageing global fleet. By the end of 2025, 23% of all tankers were over 20 years old, and 45% were 15 years or older, up from 36% a decade ago. In the crude segment, 40% of VLCCs and Suezmaxes are now older than 15 years, while in the Aframaxes segment the ratio is over 45%. Older tonnage faces rising costs and emissions challenge“This ageing trend has real operational consequences,” continues Vestereng. “Older vessels consume more fuel, emit more greenhouse gases, and face higher maintenance costs, making them increasingly unattractive for charterers and environmentally sensitive cargo owners.”For owners, scrapping decisions hinge on economics. Elevated freight rates and weak demolition prices have delayed retirements, but once earnings ease, a significant wave of scrapping is inevitable as efficiency and decarbonization goals take priority. Until then, older ships may linger in storage or sanctioned trades, but their role in regulated global shipping is rapidly fading. Added safety concerns from the sanctioned fleetAlongside the mainstream market, the continued rise of the sanctioned fleet remains a major concern for regulators and industry stakeholders. These vessels, mainly operated out of Russia, Iran, and Venezuela, operate outside normal compliance frameworks, without proper insurance or monitoring, creating significant safety and environmental risks. Many of these ships are well beyond 20 years old, compounding worries about structural integrity and operational reliability. “The lack of oversight in this segment is troubling,” says Vestereng. “We’re talking about vessels that fall outside normal class, statutory and vetting inspection with minimal maintenance and no insurance if something goes wrong. This is particularly concerning for the crew on board these vessels who may not be aware about the safety risks they are exposed to.” While high freight rates have kept some older tonnage active in sanctioned trades, their presence underscores the urgent need for stricter enforcement and transparency. As mainstream charterers tighten age limits and prioritize efficiency, the sanctioned fleet stands in stark contrast, highlighting the divide between regulated and unregulated operations in global tanker shipping. Navigating opportunity and risk in a complex tanker marketAs 2026 unfolds, opportunity lies ahead for stakeholders in the tanker market, but it comes against a backdrop of risk and uncertainty. Elevated freight rates, resilient oil demand, and shifting trade patterns continue to underpin a bullish outlook, while structural changes – driven by fleet renewal, decarbonization pressures, and evolving charterer requirements – will shape long-term strategies. At the same time, geopolitical uncertainty, as highlighted by recent developments in Venezuela, underscores the unpredictability of global energy flows and the need for agility. “The fundamentals are strong, but this is not a market for complacency,” says Vestereng. “Owners and operators must navigate a fine balance between capitalizing on today’s opportunities and preparing for tomorrow’s regulatory and geopolitical challenges.”Source: DNV,https://www.dnv.com/expert-story/maritime-impact/bullish-outlook-for-tanker-market-amid-global-uncertainties/

Marco Balostro Energia ed efficientamento dei flussi: sono questi i due assi su cui si sta giocando la partita tecnologica nel porto di Genova.Lo scalo del capoluogo ligure è infatti diventato capofila in Italiaper quanto riguarda la gestione e distribuzione dei carburanti alternativi, mentre sono diverse le applicazioni che l’Autorità di sistema portuale di Genova e Savona sta applicando per migliorare l’efficienza dei flussi, sia delle persone che delle merci.Per quanto riguarda il tema energetico, in un panorama che vede la Spagna capofila nel Mar Mediterraneo, si può dire che grazie alle attività condotte e in corso a Genova oggil’Italia colloca buona seconda dietro ai porti iberici, pur se con anni di ritardo e un’importante differenza in termini di varietà di carburanti e tecnologie applicate, oltre che di volumi distribuiti.Detto questo, Genova a cavallo dello scorso anno e di quello in corso si è conquistata di gran lunga il titolodi primo porto in Italia nel rifornimento di gas naturale liquefattoalle navi (Gnl, il carburante che permette di tagliare le emissioni inquinanti, oggi di origine fossile ma che può essere prodotto anche da fonti organiche, con il taglio del 100% delle emissioni nette).Questo per effetto dell’attività diGnv, che ha messo in servizio i primi traghetti alimentati con questo con combustibile, e grazie all’attività condotta a livello di ministero dei Trasporti e Capitaneria di porto e Autorità portuale per la costruzione dell’impianto normativo che ha consentito l’attuazione di queste procedure di rifornimento.In una recente intervista alSecolo XIXil presidente del porto,Matteo Paroli, ha sottolineato come allo stato attuale ci siano diverse società interessate alla fornitura di Gnl in porto, che potrebbero affiancare l’attuale provider, ossia il gruppo svizzero Axpo, e consentire così il rifornimento non solo ai traghetti, ma anche alle navi portacontainer.Nello scalo genovese si stanno inoltre realizzando le tecnologie per la fornitura di carburanti sostenibili: non solo la costruzione della bettolina per la distribuzione di Gnl realizzata daSan Giorgio del Porto e noleggiata ad Axpo, ma anche la prima nave da crociera a metanolo del mondo (in costruzione presso un’altra società del gruppo Genova Industrie Navali, ossia i cantieri T. Mariotti per l’armatore statunitense Aman at Sea) così come la Fincantieri a Sestri Ponente sta costruendo le unità alimentate a Gnl per la Explora Journeys, il marchio di lusso della divisione Crociere di Msc.Il porto di Genova (insieme a quello di Savona) per effetto dei finanziamenti del Piano nazionale di Ripresa e resilienza è anche vicino alla predisposizione dell’infrastruttura per ilcold ironining, ossia la tecnologia che permette alle navi di spegnere i motori quando sono in porto e garantire i servizi di bordo grazie alla fornitura di energia elettrica che arriva da terra.La gara per il fornitore è attesa il mese prossimo, per il porto passeggeri e anche per le banchine commerciali. Sotto il profilo della gestione di persone e merci, proprio in questi giorni di agosto caratterizzati dall’esodo estivo il porto sta testando il nuovo dispositivo anti-code, che ottimizzando i flussi all’interno delleStazioni marittimedovrebbe - e fin qui in effetti ci è riuscito - limitare l’intasamento del traffico cittadino. Un’attività si è giocata con l’analisi dei flussi e un miglior coordinamento delle forze in campo, ma anche per effetto della nuova applicazione predisposta dalle Stazioni Marittime, che permette ai passeggeri di individuare il piazzale di imbarco del traghetto, nonché a un nuovo sistema di wayfinding attraverso l’installazione di ledwall nei punti di maggior passaggio delle auto all’interno del porto, strumenti che hanno favorito una distribuzione più ordinata dei flussi veicolari e ridotto gli spostamenti non necessari all'interno dell'area portuale.Nel corso dell’anno inoltre sono stati completati,nei porti di Genova, Savona e Vado Ligure, i rilievi georadar e mobile mapping finalizzati alla realizzazione di un gemello digitale delle aree portuali: un digital twin avanzato capace di integrare infrastrutture, viabilità, edifici, manufatti e sottoservizi presenti negli scali.L’attività si inserisce nel più ampio percorso di digitalizzazione portato avanti dall’Autorità portuale e consentirà di sviluppare una banca dati completae interoperabile, a supporto delle attività di pianificazione, progettazione e gestione delle infrastrutture portuali.La campagna ha interessato complessivamentecirca 75 mila metri quadratied è stata condotta nell’arco di tre mesi. Le indagini georadar hanno esplorato il sottosuolo fino a una profondità di tre metri, mappando reti elettriche, sottoservizi e infrastrutture interrate sotto la viabilità portuale.Parallelamente, edifici, sede stradale e manufatti prospicienti sono stati rilevati mediante tecnologiamobile mapping con sistema lidar, capace di acquisire dati tridimensionali ad alta precisione e restituire una rappresentazione digitale dettagliata delle aree.Il digital twin garantirà l'integrazione con gli altri sistemi informativi già in uso e permetterà, in fase di progettazione, diindividuare preventivamente eventuali interferenzetra nuove opere e infrastrutture esistenti, migliorando l'efficienza operativa dei cantieri e riducendo tempi e criticità nell'esecuzione dei lavori.A maggio inoltre si è svolto proprio a Palazzo San Giorgio, sede dell’Autorità di sistema portuale,il Consortium Meeting del progetto europeo Mission, iniziativa dedicata allo sviluppo di soluzioni per il just-in-time arrival delle navi.Tramite la digitalizzazione delle informazioni relative alle diverse fasi dello scalo nave il progetto Mission intende rendere disponibili in tempo realedati strategiciper gli stakeholder del settore marittimo.L’obiettivo è migliorare l’efficienza e la sicurezza, riducendo i tempi di attesa delle navi, sincronizzando le attività di scalo e contribuendo alla diminuzione dei consumi di carburante e delle emissioni di gas serra, conbenefici significativianche per la salute e la qualità della vita delle comunità che vivono vicino ai porti.L’iniziativa coinvolge oltre 30 soggetti pubblici e privati, tra cui alcuni dei principali porti del Mediterraneo, aziende, università e centri di ricerca europei, e dispone di unbudget di circa 8,9 milioni, con un contributo dell’Unione Europea pari a circa 7,4 milioni.I Ports of Genoa avranno un coinvolgimento diretto nel progetto. Insieme aValencia e al Pireo, Genova sarà uno dei tre porti pilota per la sperimentazione delle soluzioni just-in-time applicate al traffico containerizzato. —

Early peak season lifts the second quarter profitability of the carrier August 14, 2026 Driven by advanced cargo shipments on core east-west trade lanes, Yang Ming Marine reported a quarter-on-quarter earnings rebound in Q2 despite lingering industry-wide oversupply pressure and volatile macro risks. Consolidated Q2 revenue hit NT$45.92bn ($1.45bn), accompanied by an after-tax net profit of NT$5.73bn ($180m). For the full first half of 2026, Yang Ming Marine posted revenue of NT$84.58 billion, edging up by 0.5% year over year. Operating profit reached NT$6.43 billion representing a year-on-year drop of 42.2%, while the total after-tax net profit for H1 2026 came to NT$7.17 billion, marking an 18.2% decline compared with the same period in 2025. The company stated that, two core factors drove robust cargo volume growth and lifted overall freight rate benchmarks throughout the second quarter, including adjustments to international tariff policies and a sharp rise in global bunker fuel costs. Related:Expanding Hapag-Lloyd unperturbed by Zim speculation Facing the risk of higher import taxes and rising logistics costs in the later half of the year, European and North American importers accelerated space bookings and proactive inventory restocking, pulling forward the traditional summer peak season on Asia-Europe and Transpacific trade routes. This advanced cargo surge improved vessel load rates and underpinned stronger spot and contract freight levels, laying a solid foundation for Yang Ming’s notable Q2 profit growth. However, the carrier faced notable operational headwinds during the quarter. Major shipping hubs including Shanghai Port and multiple European terminals suffered worsening congestion, caused by extreme weather disruptions, sudden cargo surges and persistent terminal capacity bottlenecks. Extended berth waiting times reduced effective fleet operational capacity and partially offset the company’s revenue growth. “Entering the third quarter, the Asia-Europe and Transpacific lanes have officially entered the traditional peak shipping season, with steady restocking demand expected to support short-term market fundamentals. Nevertheless, port congestion conditions remain uncertain, while evolving geopolitical tensions and ongoing cross-border tariff adjustments will continue to reshape global cargo flows and vessel deployment strategies,” said Yang Ming. To build long-term competitiveness amid prolonged market oversupply, Yang Ming is pressing ahead with an low-carbon fleet renewal strategy. In March 2026, the company’s board approved a newbuilding order for six 13,000 teu LNG dual-fuel containerships from South Korea’s Hanwha Ocean. These eco-friendly newbuilds will gradually replace the carrier’s aging fleet of 4,250–6,500 teu single-fuel vessels. Related:Fronthaul volumes push Hapag-Lloyd back into the black in Q2 Katherine Si China Correspondent China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards. Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine. With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. ADNOC L&S and Navig8 tankers were reportedly struck by Uncrewed Aerial Vehicles during outbound transits of the waterway August 14, 2026 The latest attacks in the Strait of Hormuz on two tankers affiliated to Abu Dhabi National Oil Co. (ADNOC)has been condemned by theUAE. “The United Arab Emirates has strongly condemned and denounced the hostile Iranian attack that targeted two vessels affiliated with ADNOC as they transited the Strait of Hormuz, with no injuries reported,” the UAE Ministry of Foreign Affairs said in a statement. It said that attacks on commercial ships by Iran’s Islamic Revolutionary Guard Corps represented acts of piracy. The UKMTO reported that two tankers were reported to have been hit by UAVs on 13 August during outbound transits of the Strait of Hormuz according to reports from military authorities, the UKMTO said. Both reports were timed at 15:52 hrs UTC. According to maritime security firm Vanguard Tach the tankers involved were theSingapore-flagged product tankerNavig8 Messi, owned by Navig8 majority owned by ADNOC L&S, and the Liberian-flagged AframaxTarif,owned by ADNOC L&S. Related:VLCC spot rates hit the stratosphere with Sinokor Hormuz fixture Both vessels were reported to have sustained minor damaged and continued sailing under their own power. All crew were reported safe and accounted for with no environmental damage. Both tankers had their AIS transponders turned off at the time of the attacks. The UAE Ministry of Foreign Affairs stated: “The UAE further stressed the need for Iran to halt these attacks, ensure its full commitment to an immediate cessation of all hostilities, and the complete and unconditional reopening of the Strait of Hormuz in order to safeguard regional security, and maintain the stability of the global economy and trade.” The latest attacks bringing the number of ADNOC vessels targeted by drones or missiles since the start of the US – Iran conflict to 17. Three attacks in the first week of August resulted in one seafarer being killed and 20 injured. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026

Marcura executive to become Baltic Exchange’s first female CEO next year. August 12, 2026 TheBaltic Exchangeannounced that Sigrid Teig has been appointed as deputy CEO and will join the company later this year. The appointment concludes a process that began in October 2025 when Baltic Exchange announced it was searching for a new CEO to report into current CEO Mark Jackson as part of an “orderly leadership transition”. Jackson will work closely with Teig while taking on a wider remit with a focus on strategic initiatives and product evolution, the company said. Teig’s most recent experience was as executive managing directorSingaporeand executive vice-president of customer success for DA-Desk and PortLog at maritime digital solutions company Marcura. “It is an honour to join Baltic Exchange at such an exciting yet critical time for the global maritime sector,” said Teig. “More than ever, our industry needs effective, reliable benchmarking data to navigate volatility, boost transparency and support the decision-making of shipping’s stakeholders.” Related:AI and tracking the dark fleet Teig brings more than 15 years of leadership experience to the role, across key segments for the Baltic Exchange: shipping, maritime services, and digital transformation. Much of Teig’s experience has been in Singapore, where she worked as general manager of Western Bulk’s Singapore office, among other roles. Commenting on the appointment, Jackson said: “We are thrilled to welcome Sigrid to Baltic Exchange. Her experience in commercial leadership, stakeholder management and shipping markets will complement the Baltic’s leading role in benchmark administration, enhancing our position and value to the global maritime community.” Michael Syn, president of SGX Group, said, “Few institutions embody the combination of global influence, enduring relevance and trusted stewardship that has defined the Baltic Exchange for centuries. The Baltic remains a valued part of SGX Group and central to our long-term ambitions. Under Mark’s leadership, the business has built a strong platform for growth, and we are delighted to welcome Sigrid to the team. Her track record at the forefront of data-led transformation and deep roots in Asia’s shipping community will further strengthen the Baltic’s position at the heart and future of global maritime markets.” Read more about: Gary Howard Middle East correspondent Gary Howard is the Middle East Correspondent for Seatrade Maritime News and has written for Seatrade Cruise, Seatrade Maritime Review and was News Editor at Lloyd’s List. Gary’s maritime career started after catching the shipping bug during a research assignment for the offshore industry. Working out of Seatrade's head office in the UK, he also produces and contributes to conference programmes for Seatrade events including CMA Shipping, Seatrade Maritime Logistics Middle East and Marintec. Gary’s favourite topics within the maritime industry are decarbonisation and wind-assisted propulsion; he particularly enjoys reporting from industry events. Gary Howard regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Ports of Refuge: Strengthening Maritime Resilience, at Seatrade Maritime Logistics Middle East 2025 Debunking LEO and Cloud for Maritime Industry, December 2022 (watch on-demand recording) Making Data Work for Shipping at Seatrade ShipTech Virtual 2021 Is the Zero-Carbon Future a Slow Shipping Future?at Seatrade ShipTech Virtual 2021 Is Ship Finance Transforming Faster than Shipping?at Seatrade ShipTech Virtual 2021

The international presence at SMM 2026 continues to grow. With 26 national pavilions – two more than in 2024 – eleven new exhibiting countries and growing participation from Asia’s leading shipbuilding nations, the world’s leading maritime trade fair confirms its role as a global meeting place for the maritime industry. August 12, 2026 26 national pavilions, eleven new exhibiting countries and new official country representations underline the global reach of the world’s leading maritime trade fair. Hamburg, 12 August 2026– The international presence at SMM 2026 continues to grow. With 26 national pavilions – two more than in 2024 – eleven new exhibiting countries and growing participation from Asia’s leading shipbuilding nations, the world’s leading maritime trade fair confirms its role as a global meeting place for the maritime industry. New official national pavilions from Cyprus and Brazil will be joined by first-time official representations from India and Vietnam. More and more countries are using SMM to showcase their maritime industries and access new markets. “SMM is more than ever the central meeting place for the maritime industry. Companies, associations and governments use the world’s leading maritime trade fair to jointly develop responses to the challenges facing the industry. The growing international participation shows that face-to-face exchange across national borders is more important than ever,” saysClaus Ulrich Selbach, Vice President Exhibitions Maritime & Technology at Hamburg Messe und Congress. India Significantly Expands Its Maritime Presence For the first time, theMinistry of Ports, Shipping and Waterways(MoPSW), together with theIndian Ports Association, is organising two official Indian joint pavilions at SMM – in Hall B3.OG and in the Naval Hall B8. India’s participation reflects its growing importance as a maritime industrial and technology nation. The country is pursuing ambitious expansion plans for port infrastructure, shipbuilding, and digital and sustainable maritime technologies. Around 35 exhibitors from India are expected at SMM 2026, includingChowgule & CompanyPrivate Limited,Buoyancy Consultants & Engineering,Swan Defence and Heavy Industries,Vedam Design & Technical Consultancy,Marine Electricals (India) LimitedandSynergy Shipbuilders N Dock Works Ltd. Beyond the joint pavilions, India will also play a role in SMM’s conference programme.Shri Vijay Kumar,Secretary of the Ministry of Ports, Shipping and Waterways, will take part in the Official Opening Conference, where his statement “India Perspective: Global Maritime Growth & Connectivity” will highlight India’s growing role in the global maritime economy. On the Open Stage, the session “The India Opportunity: Investing in Shipbuilding & Shipping Clusters” will focus on investment and development opportunities in Indian shipbuilding, maritime clusters and international cooperation. A high-level Indian naval and government delegation is also expected at SMM. In the Naval Hall B8, theIndian Ports Association,Cochin ShipyardandGarden Reach Shipbuilders & Engineerswill showcase their capabilities. India is also part of the programme atALL ABOUT PORTS: Shri Vijay Kumar will participate in the official opening of the new port conference. An Indian session will also focus on the development of Indian ports into competitive, technology-enabled and sustainable logistics hubs and the associated opportunities for international investment. New Country Representations from Brazil, Cyprus and Vietnam Brazilwill present an official national pavilion at SMM for the first time, organised by theBrazilian Association of Companies of the Blue Economy(ABEEMAR). The association promotes Brazil’s blue economy with a focus on innovation, sustainability and business development. Companies represented at the pavilion includeFlexprin IndustriaandDiesel Line. The national pavilion fromCyprusis organised by theMinistry of Energy, Commerce and Industry of the Republic of Cyprusin cooperation with theShipping Deputy Ministryand theCyprus Trade Centrein Berlin. Ten companies as well as government and maritime institutions will be represented, covering maritime services, ship repair and technical equipment, communications and automation, artificial intelligence, research and classification. Participants include theCyprus Marine & Maritime Institute(CMMI),Tototheo Maritime,Multimarine Servicesand theShipping Deputy Ministry. The programme also includes the “Cyprus Maritime Innovation Event”, featuring presentations and a panel discussion on innovation, technology and market opportunities in Cyprus’s maritime economy. “Cyprus' first official national pavilion at SMM Hamburg 2026 marks an important milestone for our maritime industry, showcasing the strength, expertise and global competitiveness of the Cyprus maritime cluster. Through our participation, we aim to reaffirm Cyprus’ commitment to quality, innovation and international cooperation. Cyprus offers a stable and attractive environment for international shipping companies supported by a business-friendly regulatory framework, a competitive and transparent tonnage tax system and a proactive maritime administration,” according to theMinistry of Energy, Commerce and Industry of the Republic of Cyprus. For the first time,Vietnamwill also be officially represented by theVietnam Shipbuilding Industry Association(VISIA). The association represents Vietnam’s shipbuilding industry and will also contribute to the programme: The Open Stage session “Digital Engineering Partnerships: Expanding Global Shipbuilding Capacity” will explore current developments and perspectives in the sector. Companies fromLuxembourg, Azerbaijan, thePhilippines, Andorra, theBahamas, theSlovak Republic, Ireland, Saudi Arabia, LebanonandCuraçaowill also be exhibiting at SMM for the first time. Asia’s Shipbuilding Nations Continue to Expand Their Presence South Koreais once again recording growth. Key Korean exhibitors includeKorean Register, Panasia, Bosung Engineering, Daeyang ElectricandKangrim Heavy Industries. Chinaremains SMM’s largest international country representation and is further expanding its presence in 2026. Another first is theChina-Europe Maritime Summit, jointly organised by theGerman Shipowners’ Association(VDR), theChina Association of the National Shipbuilding Industry(CANSI) andDNV. The conference will bring together high-level representatives of the Chinese and European maritime industries to discuss industrial cooperation, technological innovation and pathways for transformation. Japanis also expanding its presence, including through the joint stand of theJapan Ship Machinery and Equipment Association(JSMEA). More Exhibitors from Europe Among SMM’s top 20 exhibiting countries,Franceis recording one of the strongest growth rates.Austria, Spain, Norwayandthe Netherlandswill also have a stronger presence than at the previous event. High-Level Delegations from Around the World In addition to international exhibitors, SMM once again expects high-level delegations from government, business, navies and coast guards. Naval and government delegations have been announced from countries includingAlbania, Argentina, Brazil, Finland, France, Ghana, the United Kingdom, India, Qatar, Korea, Romania, SpainandTürkiye. The programme will be complemented by business delegations, including theMaritime and Port Authority of Singapore(MPA), theChina Shipowners Association, theCooperative Association of Japan Shipbuilders(CAJS), as well as delegations fromChina, IndiaandColombia. The delegation programme promotes direct exchange between companies, associations and public authorities. Jie Chen, Vice Mayor of Shanghai, is also expected to attend SMM. His visit coincides with the 40th anniversary of the partnership between Hamburg and Shanghai. An official evening reception will be held to mark the occasion, highlighting the close economic and maritime ties between the two cities. SMM 2026brings together established shipbuilding and shipping nations as well as emerging maritime markets in Hamburg. As “the world’s leading maritime industry event”, it provides a global platform for exchange, collaboration and shaping the future of the maritime industry. --------------------------------------------- Press accreditation Media representatives can register her: ForSMM 2026:Press Shop ForALL ABOUT PORTS:Press Shop About SMM SMM – the world’s leading maritime industry event– will take place from 1 to 4 September 2026 in Hamburg. Under the guiding theme“Driving the Maritime Transition”, it brings together international stakeholders from across the maritime industry to discuss key future topics and actively shape the development of the sector. More than 2,200 exhibiting companies from around 70 countries and approximately 50,000 participants from up to 120 nations are expected. Spanning around 90,000 m² across twelve exhibition halls, SMM showcases the entire value chain of the industry. The focus is on energy efficiency as a key lever of the maritime transition, complemented by maritime security and defence, artificial intelligence, decarbonisation, and digital technologies. SMM serves as a central platform for innovation, international exchange and business development. A comprehensive conference programme accompanies the exhibition, including TradeWinds Shipowners’ Forum, Maritime Future Summit, gmec – Global Maritime Environmental Congress, MS&D – International Maritime Security & Defence Conference, and Offshore Dialogue. Running alongside SMM, ALL ABOUT PORTS will launch as a new platform for integrated port solutions. The international conference and accompanying exhibition focus on port infrastructure, terminal technology and port logistics, bringing together port operators, technology providers and investors. Further information:SMM – Driving the Maritime Transition | 1–4 September 2026 Supporters of SMM 2026 Main sponsor: DNV Supporters: VDR, VSM, VDMA, GMT, VDS, CLIA Conference partners: gmec: Seatrade Maritime News; MS&D: German Maritime Institute (DMI); Offshore Dialogue: German Association for Marine Technology (GMT); Maritime Future Summit: HANSA – International Maritime Journal; TradeWinds Shipowners Forum: TradeWinds About ALL ABOUT PORTS ALL ABOUT PORTS is an international conference with an accompanying exhibition dedicated to the future of the port industry. The inaugural event will take place on 2–3 September 2026 at the CCH – Congress Center Hamburg and will be held in parallel with SMM – the world’s leading maritime industry event. It positions itself as a new platform for integrated port solutions. The focus is on port infrastructure, terminal technology and port logistics, as well as key topics such as digitalisation, automation, sustainability and security. ALL ABOUT PORTS brings together international stakeholders from the port and logistics industry and fosters exchange on innovation and future-ready port locations. Further information:www.allaboutports.de Digital Press Kit The press release and a selection of photos are available for download via the link below. The use of image and video material is permitted only if the copyright notice is included (© Hamburg Messe und Congress / Author). Please refer to the relevant image or video details for this information. Download Digital Press Kit Industry Events Hamburg Messe Sep 1-4, 2026 Seatrade Maritime Our news reporters and editors draw on over 40 years experience of covering the maritime and shipping industries and bringing you the latest news and insights.

In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...

Newly installed Long Beach Harbor Commission President Steven Neal said Monday he will prioritize the infrastructure, sustainability and technology programs underpinning the Port of Long Beach’s long-term “Port of the Future” strategy. At his first meeting as board president, Neal said the commission would maintain progress on initiatives intended to reinforce the Southern California gateway’s position in cargo handling, rail connectivity, customer service and environmental performance. The agenda includes the port’s recently launched objective of doubling annual container throughput to 20 million twenty foot equivalent units (TEUs) by 2050 while transitioning to a fully zero-emissions seaport. “Innovation has always defined the Port of Long Beach,” Neal said. “From pioneering environmental initiatives to building world-class infrastructure, we have never been afraid to explore bold ideas. Today, we are continuing that legacy by responsibly evaluating technologies that could redefine how ports operate for generations to come.” A central infrastructure project is the Pier BOn-Dock RailSupport Facility, which is designed to triple the port’s on-dock rail capacity, strengthen connections to the national rail network and reduce rail dwell time from about four days to 24 hours. The project is also intended to reduce truck traffic and associated emissions in and around the harbor complex. This week, the port purchased a 13-story office building in downtown Long Beach for $36 million, with plans to create a maritime business hub. Neal also highlighted the port’s efforts to expand the use of electricity, hydrogen and methanol as lower-emission energy sources. He pointed to a recent partnership with the U.S.Department of Transportation’s Maritime Administration aimed at developing operational, safety and security standards for potential nuclear-energy deployment in port operations. “As global trade continues to expand and the demand for reliable, clean energy grows, we have an opportunity to lead — not simply by adapting to change, but by helping shape it,” Neal said. Neal is serving his second six-year term on the Harbor Commission after first joining the board in 2019. He previously chaired the commission from 2021-2022 and has served two terms as vice president. Before joining the commission, he represented North Long Beach on the Long Beach City Council from 2010-2014. Under the city charter, the five-member Harbor Commission establishes policy for the port and oversees Chief Executive Officer Noel Hacegaba, who leads an organization of about 600 employees. Read more articles by Stuart Chirlshere. Read more: Trump extends Jones Act waiver; direct effect “pennies per gallon,” say analysts Asia-US East Coast box rate hits new high of $9,400 After massive Q1 loss, Maersk returns another service to Suez Sale of major shipping line in U.S. trade on the rocks: Report Asia ocean line in $135M expansion of US box terminal Brokerage Compliance Symposium The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry. F3 Awards Dinner The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room. F3: Future of Freight Festival Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals. The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry. The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room. Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.

CMB.Tech has sold the 2024-built Suezmax Bristol for a $56.9m gain as it continues to capitalise on historically strong tanker values. August 11, 2026 CMB.Tech announced it has sold the 2024-builtEuronavSuezmaxBristolfor a capital gain of around $56.9m. The deal is far from the first time CMB.Tech has cashed in on high asset prices in recent months; the owner has sold a total of $626.6m worth of vessels in 2026 to date, according to a tally of those in its first quarter 2026 results and subsequent announcements. A week ago, the owner of tanker brand Euronav announced it hadsold the 2016-built VLCC Donoussa for a capital gain of around $74.4m. In late June, CMB.Tech announced thedisposal of 2023-built SuezmaxesBrestandBruggefor a capital gain of $100.5m for delivery in Q3. CMB.Tech’s second quarter results are due on 27 August, but in its first quarter results in May the company said it had delivered eight vessels in the first quarter — two Capesizes and sixVLCCs— and was due to deliver a further two VLCCs and one Suezmax in the second quarter. Related:ADNOC L&S bolsters tanker fleet with $1.3bn acquisitions Commenting on the June sale of Bristol’s sister ships CMB.Tech CEO, Alexander Saverys, said: “Historically strong Suezmax valuations have created an opportunity to unlock value at an attractive point in the cycle. We will deploy those returns in line with our capital allocation strategy and invest in the continued growth of our diversified maritime group."Saverys previously said that the company’s strategy was to strengthen its balance sheet and pay dividends in the current red-hot market, while using some of the strength to lock in to longer term charters. Bristolwill be delivered to its new owner in the fourth quarter of 2026. Antwerp-based CMB.Tech has a fleet of around 250 vessels across dry bulk, tankers, container ships and offshore vessels. Read more about: Gary Howard Middle East correspondent Gary Howard is the Middle East Correspondent for Seatrade Maritime News and has written for Seatrade Cruise, Seatrade Maritime Review and was News Editor at Lloyd’s List. Gary’s maritime career started after catching the shipping bug during a research assignment for the offshore industry. Working out of Seatrade's head office in the UK, he also produces and contributes to conference programmes for Seatrade events including CMA Shipping, Seatrade Maritime Logistics Middle East and Marintec. Gary’s favourite topics within the maritime industry are decarbonisation and wind-assisted propulsion; he particularly enjoys reporting from industry events. Gary Howard regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Ports of Refuge: Strengthening Maritime Resilience, at Seatrade Maritime Logistics Middle East 2025 Debunking LEO and Cloud for Maritime Industry, December 2022 (watch on-demand recording) Making Data Work for Shipping at Seatrade ShipTech Virtual 2021 Is the Zero-Carbon Future a Slow Shipping Future?at Seatrade ShipTech Virtual 2021 Is Ship Finance Transforming Faster than Shipping?at Seatrade ShipTech Virtual 2021