🚢🔥 WEEK 34 MARITIME HIGHLIGHTS 🔥🚢 GEOPOLITICAL WAVES RESHAPE THE GLOBAL OIL SUPPLY-DEMAND BALANCE AND MARITIME INDUSTRY    The global oil and maritime transport markets are undergoing profound shifts, where macroeconomic and geopolitical factors are exerting a more dominant influence than ever before. In Week 34, crude oil prices fell sharply following a crucial OPEC+ […]

🚢🔥 GLOBAL OIL MARKET ANALYSIS: SUPPLY SURPLUS, PRICE VOLATILITY – WHAT LIES AHEAD FOR THE MARITIME AND ENERGY SECTORS? 🔥🚢 The global oil market is navigating a complex phase, where the supply-demand balance is increasingly tilting towards a surplus. As the lifeblood of the global economy and the maritime industry, what do these fluctuations signify […]

MARITIME SECURITY IS A SHARED RESPONSIBILITY FOR A SUSTAINABLE FUTURE The IMO Secretary-General calls for enhanced international cooperation in the face of escalating maritime threats. “Maritime security is not just a technical issue—it is a deeply human one.” This was the powerful message delivered by IMO Secretary-General Arsenio Dominguez to the United Nations Security Council […]

3 UNEXPECTED AI-POWERED STRATEGIES FOR IMPROVING YOUR VESSEL EFFICIENCY The maritime industry is facing mounting pressure to enhance operational efficiency while complying with increasingly stringent environmental regulations. The question is no longer “When will AI be applied?” but rather “How can AI be leveraged most effectively?” The good news is that AI-driven solutions are already […]

A MIXED WEEK FOR CAPESIZE MARKET International Shipping News – 11/08/2025 1. Capesize Segment: General Overview: The Capesize market went through a volatile week, starting with weakness but rebounding significantly later on. The slow activity at the beginning of the week was offset by a strong midweek recovery. Key Routes: Pacific: Freight rates fluctuated sharply, […]

CAR CARRIER ‘GOLDEN RAY’: CAPSIZE AND THE BILLION-DOLLAR STABILITY LESSON Introduction The reported USD one billion wreck removal of the capsized car carrier ‘GOLDEN RAY’ from the US east coast port of Brunswick, Georgia, has recently been completed. The underlying causes of the capsize, as established by a US National Transport Safety Bureau (NTSB) enquiry, were […]

DALI SHIPOWNERS SUE HD HYUNDAI OVER ALLEGED DEFECTIVE SWITCHBOARD LINKED TO BALTIMORE BRIDGE COLLAPSE By MI News Network August 4, 2025 Shipping News The operators and owners of the container ship Dali, involved in the catastrophic collapse of the Francis Scott Key Bridge in March 2024, have initiated legal proceedings against HD Hyundai Heavy Industries, […]

My Harassment-Free Ship: Creating a Culture of Respect and Safety at Sea The global maritime industry, the lifeblood of international trade, is facing a powerful call to action: creating a workplace that is free of harassment and bullying.The “My Harassment Free Ship” campaign (#MyHarassmentFreeShip) launched by the International Maritime Organization (IMO) on June 25 for […]

HONORING THE SEAFARING PROFESSION: INTERNATIONAL MARITIME ORGANIZATION (IMO) AWARDS AND RECOGNITION FOR SEAFARERS 1. Introduction The International Maritime Organization (IMO), a specialized agency of the United Nations, is responsible for maritime safety and security and the prevention of marine pollution from ships. In its central role, IMO is acutely aware that seafarers are the lifeblood […]

INTERNATIONAL DAY FOR WOMEN IN MARITIME: PROMOTING GENDER EQUALITY AND SUSTAINABLE DEVELOPMENT OF VIETNAM’S MARITIME INDUSTRY I. Introduction   The maritime industry plays a vital role in global trade, transporting approximately 90% of the world’s cargo volume. However, this is a field where gender imbalance remains significant. Recognizing the importance of empowering women and promoting […]