Iran Launches Persian Gulf Strait Authority, Claims Control on Hormuz Transition

The Iranian-supported Persian Gulf Strait Authority (PGSA) has launched an official presence on social media, asserting control over shipping in the Strait of Hormuz. Their inaugural post emphasizes that navigation now requires coordination with Iranian authorities, alarming the shipping industry and raising concerns over safety and legal risks amid regional tensions.

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IMO Launches Gender Handbook for Women in Maritime

This year’s IMO International Day for Women in Maritime, on May 18, focuses on achieving gender equality in the maritime industry. The theme, “From Policy to Practice: Advancing Gender Equality for Maritime Excellence,” highlights the need for actionable steps to improve the lives of women, including seafarers and shore-based professionals.

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Iran Unveils Hormuz Safe: Digital Insurance for Strait of Hormuz Vessels

Iran has launched “Hormuz Safe,” a digital insurance platform for vessels in the Strait of Hormuz, allowing cryptocurrency payments amid global banking restrictions. War-risk insurance costs have surged, with premiums rising dramatically. Traditional payments face sanctions, making crypto a viable option, while the U.S. proposes a reinsurance facility for shipping risks.

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Samsung Heavy Industries Receives AIP Certificate For

SHI Secures AIP Certification for Floating Data Center

ABS has granted approval in principle to Samsung Heavy Industries for a 50-megawatt floating data center design. Utilizing a standardized shipbuilding process, this innovative approach enhances efficiency and reduces lead times. The initiative addresses the growing demand for data centers, particularly in the context of artificial intelligence and sustainable energy solutions.

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IMO Announces Four Remote Consultancy Opportunities in Maritime Governance

The International Maritime Organization (IMO) is seeking applications for four home-based consultancy roles in its Technical Cooperation and Implementation Division. These temporary positions focus on enhancing maritime safety, legal compliance, and international shipping. Candidates with expertise in maritime law, environmental protection, and project management are encouraged to apply by June 2, 2026.

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UAE Shipbuilders Launch Consortium to Drive Industry Collaboration

AD Ports Group has launched the Consortium of UAE Shipbuilders, a collaborative platform aimed at enhancing vessel repair, shipbuilding, and marine engineering. Founding members include SAFEEN Drydocks and Dubai Shipbuilding. Led by Noatum Maritime, the consortium promotes collaboration, enabling SMEs to participate in larger projects and access broader markets.

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UAE Revises Maritime Security Protocols Near Hormuz Strait

In response to the Iranian Revolutionary Guard Corps’ evolving strategies, the UAE is enhancing its maritime security operations in the Fujairah region and Gulf of Oman. This proactive approach underscores the UAE’s commitment to regional stability, reinforcing operational coordination and revising maritime Rules of Engagement to safeguard shipping confidence amidst rising tensions.

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