Crucial updates to the Guidelines on the Application of the ILO Maritime Labour Convention released by ICS

The International Chamber of Shipping (ICS) has released the fifth edition of its Guidelines on the Application of the ILO Maritime Labour Convention, urging the global shipping industry to take note of the latest amendments ahead of their entry into force and to ensure vessels are fully prepared to remain compliant, safe, and fit to trade internationally.

Xclusiv Shipbrokers Inc.: The past week has confirmed that the disruption in the Arabian Gulf is no longer just a supply shock but a market distortion

The past week has confirmed that the disruption in the Arabian Gulf is no longer just a supply shock but a market distortion that is beginning to erode demand itself. What initially supported freight through panic, dislocation and risk premiums is now evolving into something more complex: a shrinking cargo base, trapped tonnage and an increasingly fragmented tanker market.

“Ultramax & Handysize Global Market Review: Fragmented Equilibrium Across Regional Dry Bulk Trade”

By Iakovos (Jack) Archontakis
Senior Maritime Strategy Consultant – Chartering Executive

&

TMC Shipping Commercial Director

The global Supramax, Ultramax, and Handysize segments continue to trade through a period defined less by directional clarity and more by fragmented regional micro-cycles, where geopolitics, bunker volatility, and uneven cargo distribution are redrawing traditional freight correlations.

Statement from the International Chamber of Shipping at the International Maritime Organization Extraordinary Council Meeting (C/ES 36)

ICS Secretary General, Thomas A. Kazakos, issued a statement at the International Maritime Organization 36th Extraordinary Council Meeting (C/ES 36), taking place today to address the impacts on shipping and seafarers of the situation in the Arabian Sea, the Sea of Oman and the Gulf region, particularly in and around the Strait of Hormuz.

Cancellation of 27 and 30 March 2026 - Celestyal Discovery

As the conflict in the Middle East continues, and in close coordination with the relevant authorities, we have had to delay the repositioning of Celestyal Discovery ahead of the start of her Mediterranean programme.

The conflict in the Arabian Gulf has rapidly evolved from a geopolitical shock into a structural disruption for global energy logistics

The conflict in the Arabian Gulf has rapidly evolved from a geopolitical shock into a structural disruption for global energy logistics, forcing the oil market and the tanker industry to adjust in real time.