From 1 May 2025, ships operating within the Mediterranean Emission Control Area (Med ECA) became subject to full compliance with the applicable sulphur requirements under the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI[1], as...

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Owner evidence and accumulated data indicate that NorthStandard’s online training assessment tool is helping bridge teams address ECDIS knowledge gaps in shipping. Two years after launching its ECDIS Training Assessment (ETA), NorthStandard has amassed the evidence to...

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The Claims Environment Forced the Conversation The Francis Scott Key Bridge collapse did more than produce a market-defining loss. Howden Re’s revised assessment puts insured losses above $2.8 billion, cementing Baltimore as the largest marine insurance loss on...

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India’s crude imports surged 11 percent in May to 5 million barrels per day, as world’s third-largest consumer ramped up purchases from Russia and Venezuela, data from commodity analytics firm Kpler shows. The intake is on track to be the highest volume ever for May,...

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Transits through the Strait of Hormuz remain limited even as the US and Iran have reached an agreement to extend the current ceasefire. According to Reuters, citing sources familiar with the matter, the truce will be extended for another 60 days, and Iran would allow...

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As part of its continuing support for the maritime industry and the wider market, Baltic Exchange has released a new resource for Forward Freight Agreements (FFAs) to demystify freight derivatives and explain the mechanics of both setting up and then trading FFAs. It...

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