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India Approves Extension for Russian Maritime Insurance Accreditation
The Indian Directorate General of Shipping has extended the accreditation for four Russian insurance companies—Soglasie, Yugoria, Sberbank Insurance, and ASTK Insurance—until March 20, 2026. This extension ensures vessels entering Indian ports maintain necessary liability insurance, covering third-party claims and pollution risks amidst the withdrawal of Western insurers... -Crew MirrorPosted On:25-Feb-2026
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Panama Captures Balboa and Cristobal Ports from CK Hutchison’s Control
CK Hutchison reported that Panamanian authorities threatened criminal charges against their employees if they do not vacate two key canal ports amid a legal dispute. The company's subsidiary, Panama Ports Company, had contracts canceled after a Supreme Court ruling, escalating tensions amidst U.S. concerns over Chinese influence in the region... -Crew MirrorPosted On:25-Feb-2026
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Britain Targets Russia’s Oil Industry with Largest Sanctions Package Yet
On the fourth anniversary of Russia's invasion of Ukraine, the UK announced a major sanctions package targeting nearly 300 entities to undermine Moscow's military financing. Notably, PJSC Transneft, which oversees 80% of Russia’s oil exports, is included. Foreign Secretary Yvette Cooper emphasized the UK's commitment to disrupting the Russian war effort... -Crew MirrorPosted On:25-Feb-2026
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VLCC Charter Rates Surge Past $100,000 Amid Market Tightening
VLCC charter rates have re-entered the six-figure range, highlighted by DHT Holdings' one-year time charter for the DHT Redwood at $105,000 per day. This reflects the tightening VLCC segment, driven by strong crude demand and geopolitical uncertainties. DHT has secured significant coverage for upcoming spot days, indicating market optimism... -Crew MirrorPosted On:25-Feb-2026
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V. Secures Contract to Manage Silk Searoad’s Bulk and Tanker Vessels
V. has partnered with Silk Searoad Maritime S.A. to manage their fleet of eight vessels, enhancing operational efficiency. This collaboration leverages V.’s expertise in ship management, focusing on crew welfare, safety, and performance optimization. Additionally, Silk Searoad gains access to competitive purchasing power through V.’s marine services... -Crew MirrorPosted On:25-Feb-2026
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Crew-Focused Fuel Efficiency Initiative Launched by NorthStandard
Marine insurer NorthStandard has teamed up with behavior change specialist Signol for a two-year initiative to reduce fuel consumption and emissions among crews. Members will gain discounted access to Signol’s decarbonization service, which leverages existing operational data to encourage sustainable practices, aiming for significant fuel and emissions reductions... -Crew MirrorPosted On:25-Feb-2026
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Strengthening Self-Regulation in Shipping for Global Success, Says Columbia Group CEO
Mark O’Neil, President and CEO of the Columbia Group, emphasizes the need for the shipping industry to enhance self-regulation and collaborate with reliable partners amid evolving political and regulatory challenges. He highlights the importance of maintaining high safety standards and vetting partners to navigate an increasingly complex landscape effectively... -Crew MirrorPosted On:25-Feb-2026
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Mitsubishi Launches Groundbreaking Ammonia Fuel Systems for Marine Engines
Mitsubishi Shipbuilding has delivered its first ammonia fuel supply system (AFSS) and ammonia gas abatement system (AGAS) to Japan Engine Corporation. These systems support J-ENG’s ammonia-fueled marine engine, marking a key milestone in advancing sustainable maritime solutions and facilitating decarbonization efforts within the industry... -Crew MirrorPosted On:25-Feb-2026
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Nigeria’s Unified Approach for Maritime Decarbonisation Strategy
The Ajoke Ayisat Afolabi Foundation, part of the SIFAX Group, has trained over 90 students in Agege, Lagos, focusing on technology skills like computer literacy and AI. This initiative, in partnership with the World Bank, aims to address youth unemployment and enhance educational opportunities, fostering community development in Nigeria... -Crew MirrorPosted On:25-Feb-2026
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Philippine Coast Guard Intensifies Search in Ferry Tragedy
The Philippine Coast Guard is conducting a search-and-recovery operation for the sunken ferry Trisha Kerstin 3 off Basilan. The death toll has reached 65, with ongoing investigations into accountability. Divers recently recovered a crew member's body, while reports indicate discrepancies in the passenger manifest and concerns about the vessel's seaworthiness... -Crew MirrorPosted On:25-Feb-2026
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IFCHOR Galbraiths Shipping Course Applications Now Open
Applications are now open for the 2026 IG Shipping Course, a two-week program by IFCHOR Galbraiths, designed for maritime professionals at all stages. Scheduled for July 12-24 at Ashridge House, the course offers expert-led lectures, workshops, and networking opportunities, enhancing understanding of the global shipping landscape... -Crew MirrorPosted On:25-Feb-2026
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