Global oil markets are shifting as China and India, Russia’s top energy clients, scale back purchases of Russian oil under mounting US sanctions pressure, Splash247 reports. The move follows President Donald Trump’s latest sanctions on Rosneft and Lukoil, intensifying Washington’s efforts to curb Moscow’s oil revenues that have funded the war in Ukraine for over three years.
Jeju Port in South Korea has welcomed its first containership from China in 57 years, Maritime Executive reports. The new weekly China–Jeju route is set to boost trade, reduce shipping costs, and provide faster delivery for exporters and importers on the island.
A fire at Vijai Marine Shipyard in Loutolim, Goa, on October 17, 2025, claimed the lives of three workers and left four others seriously injured, The Maritime Telegraph reports, citing Times of India. The blaze broke out in the late afternoon while seven laborers were welding in a confined area of a vessel under construction. All victims were migrant workers from Uttar Pradesh.
A new global initiative, Carbon Measures, has brought together leading shipping companies, ports, and major charterers to create a more accurate carbon accounting framework, Splash 247 reports. The coalition aims to improve emissions tracking and promote market-based solutions to cut carbon at the lowest cost.
The age of autonomous shipping is no longer a distant vision – it’s set to begin as early as 2026, according to Konstantinos Kyriakopoulos, CEO and co-founder of DeepSea Technologies, one of the maritime industry’s most recognized AI innovators. In an interview with Maritime CEO, reported by Splash 247, Kyriakopoulos predicted that next year will mark the takeoff of propulsion automation.
Two prominent Greek shipowners, Eastmed and Seanergy Maritime, are deepening their cooperation with Chinese shipyards. Hengli Heavy Industries continues to expand its growing orderbook with European tonnage. According to Splash 247, the Dalian-based yard has secured contracts worth approximately $211 million for five new bulk carriers from the two companies.
The Ukrainian icebreaker Noosfera has set sail from Cape Town, South Africa, marking the start of its fifth Antarctic expedition, reports The Maritime Telegraph, citing the National Antarctic Scientific Center (NASC). Since the beginning of Russia’s full-scale invasion, Noosfera has served as Ukraine’s vital link to the Akademik Vernadsky Station in Antarctica.
An explosion on the LPG tanker Falcon in the Gulf of Aden on October 18 has left two seafarers missing, reports The Maritime Telegraph. The incident has raised fresh concerns about vessel safety and maritime security in the region.
The International Maritime Organization (IMO) has voted to postpone for one year the adoption of its Net-Zero Framework after one of the most contentious meetings in the organization’s history, The Maritime Executive reports. The plan, which was designed to set a unified global standard for decarbonizing international shipping.
A tragic crew boat accident off the coast of Mozambique has left seven people missing, according to The Maritime Telegraph. The small service vessel overturned in the early hours of Thursday while assisting the Scorpio-managed tanker Sea Quest near the outer anchorage of Beira.
