1. Britannia P&I Club and HFW join forces to provide guidance on evolving maritime emissions regulations. Britannia P&I Club has worked with leading global law firm HFW to produce a series of articles highlighting the latest developments in maritime emissions regulations as the industry aims to transition towards a more sustainable future.
https://www.shipmanagementinternational.com/news/britannia-pampi-club-and-hfw-join-forces-to-provide-guidance-on-evolving-maritime-emissions-regulations
2. London P&I Club reports another strong financial year as sustained positive performance brings greater levels of stability.
The London P&I Club has today announced its financial results for 2024/25, reporting an operating surplus of US$21.3m, while also strengthening its free reserves to US$171.2m. Gross earned premium income increased 12% to reach US$159.8m.
https://www.shipmanagementinternational.com/news/london-pampi-club-reports-another-strong-financial-year-as-sustained-positive-performance-brings-greater-levels-of-stability
3. IMO, ILO, ICS, ITF unite in call to protect seafarers against criminalisation.
Seafarers detained in connection with their professional duties must be treated fairly and with dignity, with full respect for their human rights, high level participants from the IMO, International Labour Organization (ILO), International Chamber of Shipping (ICS), and International Transport Workers’ Federation (ITF) have urged, following a joint event at IMO Headquarters in London, United Kingdom.
https://www.shipmanagementinternational.com/news/imo-ilo-ics-itf-unite-in-call-to-protect-seafarers-against-criminalisation
4. Geopolitical Spillover: Assessing the Impact of Iran-Israel Tensions on the Dry Bulk Shipping Industry. Escalating tensions between Iran and Israel are analyzed for their potential effects on dry bulk markets, particularly concerning the Strait of Hormuz. While historical data indicates a full closure by Iran is improbable, disruptions via attacks, mines, or vessel harassment could significantly affect shipping routes and freight rates, but unlike in oil, it will have a negligible effect on dry bulk commodities.
https://cyprusshippingnews.com/2025/06/23/geopolitical-spillover-assessing-the-impact-of-iran-israel-tensions-on-the-dry-bulk-shipping-industry/
5. Trump Says Iran’s Key Nuclear Sites ‘Obliterated’ By US Airstrikes. U.S. forces struck Iran’s three main nuclear sites, President Donald Trump said late on Saturday, and he warned Tehran it would face more devastating attacks if it does not agree to peace.
https://gcaptain.com/trump-says-irans-key-nuclear-sites-obliterated-by-us-airstrikes/
6. Russia Says China Is Moving Towards Exporting Energy. Rosneft ROSN.MM CEO Igor Sechin, one of the most influential men in Russia’s energy sector, said on Saturday that China was seeking complete energy independence and that in the foreseeable future it could become a major energy exporter.
https://gcaptain.com/russia-says-china-is-moving-towards-exporting-energy/
7. Shipping On High Alert In Mideast After US Strikes On Iran. The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate against commercial vessels following after US airstrikes against Iran’s nuclear facilities.
https://gcaptain.com/shipping-on-high-alert-in-mideast-after-us-strikes-on-iran/
8. Greece Tells Ships To Reassess Hormuz Journeys After US Strikes. Greece’s shipping ministry advised the nation’s vessel owners to review the use of the Strait of Hormuz after the US conducted air strikes on Iran. Vessels planning to sail through the narrow point in the Persian Gulf should “reassess passage of the Straits of Hormuz” until the situation normalizes, the ministry said in a circular sent to vessel owners seen by Bloomberg.
https://gcaptain.com/greece-tells-ships-to-reassess-hormuz-journeys-after-us-strikes/
9. Dry bulk fleet ‘set to drop 22% in younger tonnage by 2028’: Veson Nautical
The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the supply of vessels under 15 years of age projected to fall by 22% by 2028, according to new analysis shared by Oliver Kirkham, Senior Valuation Analyst at Veson Nautical, a global leader in maritime freight and fleet management solutions.
https://www.shipmanagementinternational.com/news/dry-bulk-fleet-set-to-drop-22-in-younger-tonnage-by-2028-veson-nautical
10. Baltic Exchange introduces monthly audits for physical panellists to further improve Baltic index quality. Baltic Exchange has launched a new quality control mechanism to support its ongoing audit policies for its global portfolio of panellists across the dry, tanker and gas sectors.
https://cyprusshippingnews.com/2025/06/23/baltic-exchange-introduces-monthly-audits-for-physical-panellists-to-further-improve-baltic-index-quality/