Mustafa Oztaskin – Compliance Manager

My name is Mustafa Öztaşkın. I was born in Izmir in 1990 and I am originally from Bodrum/Muğla. After graduating from Istanbul University Maritime Transportation Management Engineering Department in 2012, I worked in a company that provides ship agency services for a while. As of October 2021, I have...

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LNG Ships..Risky Investment for The Long Term?

Major sectors of the maritime industry are investing in LNG fueled vessels. Let's take a look at the situation. LNG is the only commercial viable alternative to conventional marine fuels for deep-sea transportation. LNG-powered vessels are one of the options that meet reduced emissions requirements. For this...

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New Covid 19 Omicron Effects on Shipping Industry

The spread of the Omicron coronavirus variant is a new topic of tension in the maritime shipping industry. It could deal another blow to supply chains The worldwide traffic congestion in the transportation bottlenecks will either continue or revive with 2022. If bottlenecks persist, freight costs...

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10 Worlds’ First Maritime Vessels Appeared in 2021

New ships are being produced with advanced technologies in order to include LNG as a fuel source and to reduce emissions and operating costs. Let's take a look at the "world's first" marine vessels powered by LNG. The global emission requirement is driving the maritime...

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What Awaits Shipping Industry in 2022

Following another challenging year that the industry has ever seen, 2022 has arrived with many unknowns but also some positive signs to be hopeful. The balance of the dry cargo and container market expected to remain stable in 2022. Also, it expected that there may be an improvement...

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Unstable Container Market And Freight Rate Fluctuations

Container and dry bulk carrier earnings are at record levels as high demand for the goods hits supply chains. Despite the Covid market conditions, the container market figures are very high. The increase in customer demand at the same rates enabled container manufacturers to make huge profits. Also...

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Crew Crisis After Covid 19

An increasing number of seafarers are quitting their jobs because of their working conditions during Covid 19. If we look a the global workforce shortage and high turnover, we see that; Motivating and retaining seafarers are an important challenge among seafarers. The difficult working conditions during...

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Effects of EEXI Regulations on The Shipping Industry

IMO introduced an Energy Efficiency Design Index for existing ships in June 2021. These requirements will come into effect on January 1, 2023. By 2030, IMO aims to reduce carbon emissions per shipping business of ships by at least 40%. And by 2050 it is targeting...

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The Famous Shipping Canals of Maritime World

Let’s take a look at the most famous and busiest shipping canals from around the world; Shipping channels are waterways built along major sea waterways to allow the passage of ships. Such channels provide short access routes between major seawater networks. And regulate maritime traffic within countries. Some of...

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