IMO Condemns Strait of Hormuz Attacks and Demands Safe-Passage Framework
IMO condemns attacks on merchant vessels in the Strait of Hormuz, urging a safe-passage framework to safeguard 20-30% of global oil shipments.
Russia adds 3 aged LNG carriers to dark fleet via Sierra Leone reflagging
Russia expands LNG dark fleet with 3 reflagged carriers from Sierra Leone to evade sanctions, involving 20-year-old vessels and operational repositioning without cargo.
Foreign Workforce Hits 23% in South Korea’s Shipbuilding Boom
Foreign workers now make up 23% of South Korean shipyard staff, driven by labour shortages and high costs, with safety implications from language barriers.