BIMCO Tanker Safety Network tackles operational readiness for alternative fuels

The 10th BIMCO Tanker Safety Network meeting was held online on 12 June 2025, bringing together members from across the tanker industry to exchange insights on operational safety in the context of alternative fuels. Chaired by Pranesh Kumar, the meeting focused on safety readiness, regulatory developments, and fuel availability challenges, featuring live polls and expert presentations from Lloyd’s Register and Seascale Energy.

Celestyal unveils for the first time the new cabins of Celestyal Discovery

Celestyal has released the first official images of its enhanced cabin offering onboard Celestyal Discovery, following the ship’s second extensive winter refit in Athens earlier this year.

Israel’s lightning-fast airstrike on 13 June yanked the Iran-Israel standoff out of proxy shadows

Israel’s lightning-fast airstrike on 13 June yanked the Iran-Israel standoff out of proxy shadows and into open conflict, instantly repricing every barrel, cubic metre and tonne-mile linked to the Gulf. Brent spiked almost 10 % to USD 76/bbl intraday, yet the louder signal came from freight and insurance: Hormuz is technically open, but charterers now behave as though its 21-nautical-mile throat were half shut.

Big rise for Capes

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios –Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market showed a new increase with the largest sizes continuing with a double-digit weekly increase while the smallest sizes remained at the same levels compared to the previous week.

Cartagena celebrates its 150th anniversary hosting the 66th MedCruise General Assembly

With the official press conference held in the Museum of the Roman Theatre of Cartagena, MedCruise, the Association of Mediterranean Cruise Ports, officially launched its 66th General Assembly that will be hosted for the second time in its history in the historic port city of Cartagena.

The global tanker fleet is confronting a significant aging challenge

The global tanker fleet is confronting a significant aging challenge across all size segments as it evolves toward 2029.