The Marine Electric Vehicles Market is set to grow significantly, from USD 6.89 billion in 2024 to USD 26 billion by 2032, driven by stricter environmental regulations and a shift towards sustainable propulsion. Innovations in battery technology and digital solutions are enhancing fleet efficiency, emphasizing the need for tailored regional strategies.
In response to rising exploitation of seafarers by unauthorized recruitment agents, India has issued a 10-point advisory. The Directorate General of Shipping (DGS) urges seafarers to engage only with registered Recruitment and Placement Service License (RPSL) companies, emphasizing the need to verify their authenticity to avoid financial and personal risks.
Egyptian officials confirmed the death of an Italian tourist after two Nile River cruise ships collided. The captain of the Royal Beau Rivage has had his license suspended for allegedly breaching maritime regulations. The incident, which injured several, occurred near Esna Lock, prompting an investigation into navigation rules.
Emeritus Professor Helen Sampson has received The Maritime Foundation Award for Best Book for her impactful work, Sea-Time: An Ethnographic Adventure. Her research highlights the harsh realities faced by seafarers, including deteriorating working conditions and job insecurity, advocating for essential improvements in their lives and working environments.
A drone strike struck Russia’s Taman port on December 22, causing significant damage to infrastructure and vessels. Local officials reported impacts on two tankers and piers, alongside damage to a pipeline and storage tanks. Emergency services are battling fires, as Ukraine intensifies assaults on Russian maritime assets amid rising tensions.
A consortium of leading companies has launched the Bunkering Services Initiative (BSI) at the ARA ports, starting December 1, 2025. This voluntary initiative aims to enhance transparency in bunkering operations through technology-enabled insights into fuel quality and quantity, addressing industry challenges while fostering cooperation among stakeholders.
For years, the maritime industry relied on a “treat and release” method for wastewater, discharging it into the ocean if it met basic standards. However, tightening regulations and the rise of “Special Areas” are pushing towards Zero-Discharge Vessels, integrating AI and IoT to create adaptive sewage treatment systems for cleaner oceans.
Smart Ship Hub (SSH) predicts 2026 will be a transformative year for the maritime industry, emphasizing the necessity of digital transformation for profitability. CEO Joy Basu highlights the demand for measurable ROI and real-time intelligence, urging stakeholders to focus on tangible benefits from digitalization, including enhanced operational efficiency and automation through AI.
On December 21, HM Coastguard responded to reports of a lifeboat washed ashore near Sidmouth. The Beer Coastguard Rescue Team discovered the damaged vessel, named BF Carp, which had broken free from its containership. The lifeboat, missing since December 17, was secured to prevent further damage. Investigations are ongoing.
The Skipper, a large crude carrier linked to Venezuela, was seized by the US on December 10 and has arrived at the Galveston Offshore Lightering Area. Kevin Hassett from the White House’s National Economic Council stated that the seized tankers were involved in black market oil trade, emphasizing minimal market impact.
The Western Indian Ocean faces rising maritime threats, particularly piracy along the Somali coast. A recent hijacking of the Maltese-flagged tanker Hellas Aphrodite underscores regional insecurity. This instability jeopardizes the blue economy, costing approximately $1.1 billion annually and hindering growth in ocean-based industries vital for the region’s development.
The U.S.-blacklisted tanker Bella 1, intercepted near Venezuela, has a complicated history tied to terrorist financing in Southeast Asia and the Middle East. Previously registered in Panama, it was en route to load oil when seized, marking a significant escalation in U.S. maritime enforcement efforts against the Maduro government.
President Miguel Diaz-Canel condemned the U.S. seizure of a Venezuelan oil tanker as “piracy and maritime terrorism,” calling it a violation of international law. Venezuelan Vice President Delcy Rodriguez supported this view, labeling the act a crime against humanity and asserting it undermines national sovereignty and international agreements.
On December 21, Swedish customs authorities boarded the Russian freighter Adler, which had anchored due to engine trouble. The inspection, aided by the Coast Guard and local police, remains underway, with no findings disclosed. The vessel’s owners are on the EU sanctions list, raising further concerns about its activities.
On December 11, Singapore authorities arrested Nigel Tang Wan Bao Nabil, linked to a large Asian scam network tied to alleged mastermind Chen Zhi. Currently out on bail, Tang faces accusations of money laundering. Investigations intensified after U.S. sanctions, revealing a vast operation involving substantial financial fraud and global victimization.
