Risk and Compliance
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MPC Container Ships considering more newbuilds amid strong charter coverage
Despite increased ordering activity in 2025. MPC Container Ships chief executive believes the sub-5,000 teu boxship fleet remains underinvested
Russia says sanctions prevented it from paying IMO dues
Despite over £2m being owed to the IMO from member states, more than 97% of contributions have been received, which is an improvement on the previous two years
Russia likely to retaliate following Ukraine attacks shadow fleet tankers
Sanctioned product tanker Virat and shadow fleet crude oil tanker Kairo were hit by naval drones, Ukrainian security services confirmed
Red Sea traffic remains 60% lower than normal volumes
The security dynamics in the Red Sea may have changed, but analysis of vessel-tracking data reveals this has done little to reassure the majority of those that diverted to the Cape of Good Hope in the early days of the crisis
Why shipping is sounding more bullish on short- and long-term risk factors
Lloyd’s List’s editor-in-chief Richard Meade brings you the behind-the-scenes chatter from Nor-Shipping 2025, where many in the industry are more optimistic about the future, despite the increasing geopolitical chaos around them
The week in charts: Iran gas shipments to China plow on despite increased scrutiny | Container volumes continue to surprise | Panama blasts ‘misleading’ complicity claims
Tehran’s outflows remain robust, despite Trump administration’s ‘maximum pressure’ campaign; While US tariffs weakened North American imports, Asian exports remained strong, especially to Europe; The Panama Maritime Authority has substantially reduced its share of the Iran-trading fleet over the past 18 months, but US pressure group UANI says it is still complicit in facilitating Iran’s oil export
US-blocked VLCC Jaya skirts sanctions with scrapped ship masquerade
Sanctioned VLCC Jaya evaded detection by repeatedly changing its name and MMSI numbers, adopting the identity of a scrapped ship and spoofing AIS/GNSS data — enabling it to covertly transport Iranian oil to China despite tightening US sanctions and global surveillance
Shipping should worry about the economy, not geopolitics
Shipowners must diversify finance options and use healthy periods to improve their balance sheets to weather increasingly bumpy spells
Panama blasts ‘misleading claims’ on Iran oil complicity
The Panama Maritime Authority has substantially reduced its share of the Iran-trading fleet over the past 18 months, but US pressure group UANI says it is still complicit in facilitating Iran’s oil export. The Panamanian government says it rejects the ‘misleading claims’
Why governments are turning up the heat on flag states
Raise your game or have it raised for you
Worker dies in accident at Samsung Heavy Industries
Following the incident, the shipyard suspended production for two hours to provide special safety training to its workers
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