UAE-owned VLCC abandoned after being hit in Hormuz
All seafarers reported safe in two separate incidents
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Maritime News
Tanker Market Moved Higher in September
Dirty tanker spot freight rates surged in September across all vessel classes, as trade dislocations, export inefficiencies and longer voyages kept tanker availability constrained, OPEC said in its latest monthly report. VLCC rates were close to doubli…
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What lessons can we learn from declining carrier schedule adherence and rising port congestion?
Schedule reliability has fallen to near record lows in recent months, while port congestion has built up. In this opinion piece, Drewry experts draw the main lessons from the operational problems of the 2026 peak season to inform concerned shippers, fo…
Security doesn’t stop time bars
The English Court of Appeal’s recent decision in Batavia Eximp & Contracting (S) Pte Ltd v Pedregal Maritime SA [2026] EWCA Civ 1158 provides an important reminder of the distinction between obtaining security for a maritime claim and preserv…
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Tampa Bay Pilots Orders New 56-ft. Vessel
Rozema Boat Works, Inc., of Mount Vernon, Washington, won a contract for the construction of a 56-ft. pilot transfer vessel for the Tampa Bay Pilots Association, based in Tampa Bay, Florida. Designed by Camarc Design, the all-aluminum vessel…
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