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IMO secretary-general Arsenio Dominguez has called on governments to prevent geopolitical conflicts being used to justify attacks on civilian ships and seafarers.
IMO secretary-general Arsenio Dominguez has called on governments to prevent geopolitical conflicts being used to justify attacks on civilian ships and seafarers. September 16, 2026 As merchant vessels crewed by civilian seafarers find themselves the target of militaries on both sides of multiple ongoing conflicts,IMOsecretary-general Arsenio Dominguez has called on member states to refrain from actions that endanger merchant ships and put seafarers’ lives at risk. “We are reaching a point where these conflicts are being used as a pretext to attack merchant vessels and innocent seafarers. Do not use these conflicts to attack innocent seafarers,” Dominguez said at the opening of the IMO Sub-Committee on Carriage of Cargoes and Containers. The IMO’s list of confirmed incidents counts over 80 attacks on shipping in and around the Strait of Hormuz since the outbreak of hostilities between the US and Iran on 28 February. At least 22 seafarers have been killed, at least two remain missing, and many have been injured. There has been a change in the pattern of attacks on ships this month as the US began attacking Iranian oil tankers in response to Iran’s targeting of US Navy vessels. Iran in turn launched more attacks on international shipping. Related:The perfect storm brewing before winter The IMO also called attention to the dozens of fatalities in the Blacks Sea and Sea of Azov, where both Russia and Ukraine have targeted merchant shipping to disrupt military supply lines and cause economic damage. Exact numbers of seafarer fatalities are hard to verify, said IMO. “In the Strait of Hormuz, it is not only one country attacking merchant vessels. In the Black Sea and Sea of Azov, it is not only one country attacking merchant vessels,” said Dominguez. The secretary-general urged delegates to raise the consequences of these geopolitical events on shipping with their own governments and on international platforms. “I call on you to share these impacts with the relevant bodies in your countries so that this can be dealt with within the United Nations, as appropriate.… It falls to you and your capitals, and relevant bodies of the United Nations, to address the root causes and find solutions,” said Dominguez. 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 Subscribe and get the latest industry news, analysis and more straight to your inbox.
Baltic Exchange VLCC rates from the Arabian Gulf to China have climbed above $1m a day as Middle East oil disruption tightens tanker supply.
Baltic Exchange VLCC rates from the Arabian Gulf to China have climbed above $1m a day as Middle East oil disruption tightens tanker supply. September 16, 2026 The Baltic’s latest TD3C rate assessment forVLCCson the voyage from the Arabian Gulf toChinais close to $1.1m per day and climbing. The 2016-built Sinokor-operated VLCC,Kuwait Prosperity, was reported fixed by TotalSingaporefor a September 22 cargo from the Arabian Gulf to the East at WS1350. This equates to a daily rate of more than a million dollars a day. The astonishing fixture was borne out by the Baltic Exchange’s daily rate assessments for the TD3C route which have surged into seven figures. Its most recent assessment, as of 1600 on 15 September, was $1.099m per day for a 270,000 dwt VLCC on a voyage from Ras Tanura inSaudi Arabiato Ningbo in China. This was up from $1.034m on Monday, the first day that the rate assessment has ever climbed into seven figures. The Baltic’s rate assessments are based on confidential evaluations from a range of vetted brokers who are active in the physical market. Benchmark rates had risen to around $800,000 a day by the end of last week. Related:Weekly tanker and dry bulk time charter rates - 16 Sept The sharp rise in the first half of this week is significant and may factor in a Red Sea/Yanbu element. But the dramatic rise in the TD3C rate assessment since the beginning of September when it was around $700,000 a day, is unprecedented. Oil prices eased slightly in early trading on 16 September, with Brent and West Texas Intermediate futures for November both down by a little more than 1%. They both remain firmly in three figures, however, at $107.64 and $104.46 respectively around noon, London time. The outlook for winter months in Europe is bleak. With Hormuz transits down to a trickle and Saudi having now halted oil flows through the East-West pipeline and exports from Yanbu, oil trades specifically and energy trades generally are facing unparalleled disruption. Oil and gas production in theUShas risen to record levels this year, boosting exports both to Asia and Europe. But the volume increases make up only a fraction of the Mid East shortfalls. Even when Saudi’s East-West pipeline is recommissioned and exports from Yanbu begin again, VLCC owners face the prospect of shuttling across the Red Sea to Ain Sukhna, discharging part of their cargoes, transitingSuez, and reloading from the Sumed pipeline in Sidi Kerir on Egypt’s Mediterranean coast. The only other option, if indeed the Bab el Mandeb Strait is passable, is the long voyage round the Cape, adding an extra 18-20 days on the voyage to Rotterdam and approximately $11-14m per trip in additional charterhire at today’s rates. Related:Navigator Gas contracts two more ethane conversions Read more about: Paul Bartlett Correspondent UK-based Paul Bartlett is a maritime journalist and consultant with over four decades of experience in international shipping, including ship leasing, project finance and financial due diligence procedures. Paul is a former Editor of Seatrade magazine, which later became Seatrade Maritime Review, and has contributed to a range of Seatrade publications over the years including Seatrade’s Green Guide, a publication investigating early developments in maritime sustainability initiatives, and Middle East Workboats and Offshore Marine, focusing on the vibrant market for such vessels across that region. In 2002, Paul set up PB Marine Consulting Ltd and has worked on a variety of consultancy projects during the last two decades. He has also contributed regular articles on the maritime sector for a range of shipping publications and online services in Europe, Asia, and the US. Subscribe and get the latest industry news, analysis and more straight to your inbox.
Shippers are demanding far more from their logistics providers as disruption and supply chain complexity increase – but that does not necessarily mean they are ready to make the leap from 3PL to 4PL. The latest annual Third-Party Logistics Study paints a contradictory picture of the shipper-3PL relationship: 88% of shippers describe their relationships with logistics providers as successful, yet half are consolidating the number of 3PLs they use. And expectations ... The post Shippers want more from their 3PLs – but do they really need a 4PL? appeared first on The Loadstar .
Rumours are gaining ground in shipbroking circles that Maersk is on the verge of making a series of huge new orders for vessels, potentially doubling its newbuilding pipeline. Over the course of last week, analysts at Linerlytica noted that the Danish carrier had been the most active carrier on the charter market “as it scrambles to secure additional tonnage to maintain service coverage to replace chartered vessel redeliveries while having a ... The post Maersk on cusp of doubling orderbook with 40-ship ‘mega’ newbuild spree appeared first on The Loadstar .
CMA CGM yesterday declared General Average on the 8,000 teu CMA CGM Petra, which suffered a fire in one of its containers on 23 August, while the vessel was en route from Singapore to Colombo. The fire was initially contained by the crew, with no injuries reported, and was later assisted by professional salvors with the firefighting and salvage operations while the vessel was at anchor near Penang. It was subsequently towed ... The post General Average declared on CMA CGM Petra as Maersk wins $13m fire case appeared first on The Loadstar .
Maersk has overtaken Cosco to become the largest container shipping line in the intra-Asia market by deployed capacity, according to the latest analysis by Alphaliner. The analyst’s mid-August review revealed capacity on the intra-Asia trade grew 6.2% year on year to just below 2.6m teu. This was slightly ahead of the global container fleet’s growth of more than 5% over the same period, underlining the continued expansion and competitiveness of the ... The post Maersk overtakes Cosco to top intra-Asia capacity rankings appeared first on The Loadstar .
A new study by ShipIn Systems and marine insurer NorthStandard has found that maritime accident risk is heavily concentrated within a relatively small part of the fleet. Its analysis indicates that a small group of vessels accounts for a disproportionate share of reported casualties, while recurring operational patterns can signal heightened risk before an incident …
South Korea’s Ministry of Oceans and Fisheries (MOF) is struggling to attract local shipping companies to build ice-class container ships, despite dangling $8m of subsidies. The idea was to build ice-class ships in a local shipyard in the hope of running regular liner services through the Northern Sea Route by 2030. South Korea is keen to tap the NSR as an expedited shipping lane from South Korea to Europe, following the lead ... The post South Korea’s Arctic shipping ambitions on ice due to high costs and low volumes appeared first on The Loadstar .
Following Poland’s accession to EU membership in 2004, its road haulage sector underwent a meteoric rise to the top. Business tripled and its truckers became European leaders with an estimated market share of 20%. Just over two decades on, the picture is radically different. “We’re operating with no profit margin and hoping for a miracle,” said Jan Buczek, president of the Alliance of Polish International Road Hauliers (ZMPD). Since 2020, Polish hauliers have ... The post Polish road haulage success story hits the buffers appeared first on The Loadstar .
CMA CGM has emerged as the likely liner behind plans for another dozen 24,000 teu megamax containerships at China’s Yangzijiang Shipbuilding in a programme potentially worth around $3bn, as rival Maersk is also reported to be sounding out yards for a major new round of ultra-large tonnage. Broker MB Shipbrokers has linked Yangzijiang to the …
Houston-headquartered energy services giant Halliburton has won a bundled well construction and completions contract from Eni for the Cronos ultra-deepwater development off Cyprus. Under the contract, Halliburton will deliver integrated drilling, well construction, automation, and completions services for exploration and development wells. The bundled scope reduces operational interfaces, improves execution certainty, and supports efficient delivery …
South Korea’s Wooyang Shipping has ordered four newcastlemax bulk carriers at China’s New Times Shipbuilding for long-term employment with Brazilian mining giant Vale. The 210,000 dwt ships are scheduled for delivery in 2029 and 2030 and will be capable of running on ethanol, methanol and conventional fuel oil. Industry estimates put the price at around …
Shipping’s alternative fuel debate has acquired a useful new reference point with an important fuel body completing lifecycle assessments of LNG, ammonia and now methanol — and the clearest conclusion is that the production pathway can matter as much as the molecule itself. The Society for Gas as a Marine Fuel’s (SGMF) newly released methanol …
So what? The winners aren’t spending the most on technology. They’re the ones who rebuilt how decisions get made. The rest are just collecting dashboards. The logistics industry has never spent more on digital tools. Right Transportation management platforms, warehouse simulation software, visibility systems, automated agents for quoting and booking: the shopping list grows every quarter, and the checks keep clearing. Take McKinsey’s latest survey data, published September 8 in an article on value ... The post The billion-dollar gap between buying the software and getting the savings appeared first on The Loadstar .