Chile

Safety Manning Changes Raise Tariff Concerns in Southern Chile

The Chilean Maritime Authority’s call to increase deck and engine officers in the Chacao Channel has ignited a debate over safety regulations versus shipping companies’ financial viability. Fenagemar opposes potential fare hikes, arguing they unfairly burden users, while Armasur defends existing manning levels as adequately compliant with safety standards. Legal challenges loom.

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Hormuz Disruptions May Last Longer as Risks to Oil Tankers Escalate

Mitsui OSK Lines’ CEO Jotaro Tamura warned that disruptions in the Strait of Hormuz will persist longer than anticipated. Escalating attacks pose heightened risks for oil tankers. While initial recovery plans were optimistic, the situation requires improved safety assurances before resuming regular transit, as Japanese refiners adjust their sourcing strategies.

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