Maritime analysis. Real-time insight.
DAILY SITREP
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India–EU trade deal redraws maritime flows between Asia and Europe
India and the European Union concluded a long-negotiated Free Trade Agreement (FTA) on 27 January 2026, alongside a broader strategic partnership framework. While the agreement spans manufacturing, services, and investment, its most immediate consequences will be felt across shipping, ports, and maritime logistics. Maritime trade impact The FTA significantly expands…
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Passenger ferry MV Trisha Kerstin 3 sinks off Basilan, mass rescue underway
The inter-island passenger ferry MV Trisha Kerstin 3 sank off Basilan in the southern Philippines during the overnight crossing from Zamboanga City to Jolo (Sulu), triggering a large-scale search-and-rescue response led by the Philippine Coast Guard (PCG). PCG reporting states the ferry carried 332 passengers and 27 crew at departure,…
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First direct Venezuelan oil shipment to U.S. departs under new supply deal
A Liberia-flagged tanker, Gloria Maris, loaded with Venezuelan heavy crude, has departed from the Jose oil terminal in Venezuela bound for the Louisiana Offshore Oil Port (LOOP) under a newly agreed supply arrangement between Caracas and Washington, according to shipping data and LSEG vessel tracking documents. This movement marks the…
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Indian seafarers top global abandonment list as crisis deepens
New data from the International Transport Workers’ Federation (ITF) shows that Indian nationals remained the most abandoned seafarers worldwide for the second consecutive year in 2025. According to the ITF’s annual analysis, 1,125 Indian seafarers were recorded as abandoned by the end of the year, the highest figure among all…
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Kongsberg Maritime approved for independent Oslo listing
Shareholders of Kongsberg Gruppen ASA have formally approved the demerger of its maritime division, clearing the way for Kongsberg Maritime to become a standalone, publicly listed company on the Oslo Stock Exchange. The extraordinary general meeting on 22 January 2026 ratified the separation plan that had been announced late last…
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Panama Canal raises allowable draft as water levels recover
The Panama Canal Authority has increased the maximum allowable draft for vessel transits following continued improvement in freshwater levels across the canal’s reservoirs. The adjustment applies to Neopanamax vessels, enabling heavier loadings and easing constraints that had been in place since prolonged drought conditions disrupted canal operations. Canal officials indicated…
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Greek-operated tankers hit in Black Sea drone attacks
Greek authorities have issued a fleet-wide security advisory following drone attacks on two Greek-operated oil tankers in the Black Sea, after the vessels sustained damage near Russian port approaches. Vessels identified Greek shipping officials confirmed that one of the affected vessels was the oil tanker Seajewel, which is commercially operated…
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LIVE WIRE | Harbor pilot dies after fall from pilot ladder in Florida
A Florida harbor pilot has died after falling from a pilot ladder during a vessel transfer, highlighting once again the operational risks associated with pilot embarkation and disembarkation. The incident occurred while the pilot was disembarking from a bulk carrier near Panama City, Florida, using a pilot ladder arrangement. Following…
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IMO 2026 amendments and updates
A significant set of amendments to key International Maritime Organization (IMO) treaties and codes officially entered into force on January 1, 2026. These changes focus heavily on seafarer welfare, fire safety for Ro-Ro vessels, and environmental protection.Here is a summary of the most critical 2026 amendments: 2. Safety of Life…
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LIVE WIRE | Iranian cargo vessel sinks in Caspian Sea
An Iranian-flagged general cargo vessel, reported as Rona and also referred to in some registries as Oban, sank in the Caspian Sea on 14 January 2026 after issuing a distress signal off the coast of Turkmenistan. Rescue and crew The Turkmenistan Coast Guard responded to the SOS and rescued all…