The Deep Draft
Independent maritime analysis on trade, risk, regulation, and operations.

Insight and Analysis
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The Bare Slopes of Mt. Fuji Tell the Same Story as LNG: A Climate Reality Check
When the snow fades from Mount Fuji, it is hard not to notice how quickly the world is changing. For the first time in more than a century, Japan’s iconic peak went snow-free well into November 2024. The latest and…
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When Shipping Turns Grey: Life and Law Inside the Shadow Fleet
When a ship “goes grey,” it doesn’t disappear.It slips into a world where names change and paperwork turns to smoke. Yet the people aboard still wake to the same seas, navigating under rules that no longer protect them. Shadow-fleet tactics…
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PFOS in Firefighting Foam: What the IMO 2026 Ban Means for Ships
The IMO 2026 Deadline Is Coming – Are Ships Ready? In January 2026, the International Maritime Organization (IMO) will prohibit the use of firefighting foams containing Perfluorooctanesulfonic acid (PFOS) aboard ships. It sounds simple, another environmental measure, one more line…
Live Wire
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US Seizes Russian-Flagged Tanker Marinera
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Venezuela Oil Exports and Sanctions Enforcement
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India commissions first indigenously built pollution control vessel
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Historic Growth of US LNG Trade in 2025
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Venezuelan Ports Under Threat: Sanctions and Shipping Risks
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PETROBRAS RINGS IN 2026, STARTUP OF FPSO P-78 (Búzios 6)
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Independent maritime analysis on trade, risk, regulation, and operations.
