- + US Container Imports Continue ‘Unusually Strong’ Streak—U.S. container ports recorded their fourteenth consecutive month of growth in November, with inbound volumes surging 13.1% year-over-year across the n...
- + Carnival Reports Record $25B Revenue as Cruise Recovery Continues—Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest cruise ship company, has posted record-breaking financial results...
- + Biden Pushes Historic High Seas Treaty to Senate—President Biden has taken a significant step toward ocean conservation by transmitting the High Seas Treaty to the Senate for ratification, marking a ...
- + APM Terminals Completes Major Expansion in Tangier—APM Terminals has completed the final phase of its ambitious expansion project at MedPort Tangier, adding 2 million TEU capacity to solidify its posit...
- + Pioneering Spirit to Tackle Australia’s Largest-Ever Offshore Platform Removal Project—Allseas has secured a groundbreaking contract for Australia’s largest offshore decommissioning project, which will see the removal of up to 12 r...
- + Kpler’s Spire Acquisition Sparks Antitrust Concerns in AIS Ship Tracking—French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil trad...
- + MSC CEO Soren Toft Elected as New World Shipping Council Chair—The World Shipping Council (WSC), the largest industry trade association representing the international liner shipping industry, has appointed MSC Med...
- + Bulk Carrier Grounding at World’s Largest Bulk Port Highlights Critical Safety Issues in Rudder Systems—A routine departure from Port Hedland, Western Australia, turned into a serious maritime incident when the Liberian-flagged bulk carrier Hagen Oldendo...
- + Hanwha Completes $100M Acquisition of Philly Shipyard, Marking First Korean Shipbuilder in U.S.—South Korean conglomerate Hanwha Group has completed its $100 million acquisition of Philly Shipyard through its subsidiaries Hanwha Systems and Hanwh...
- + Don’t Overlook Shipping’s Critical Role in U.S. Sustainable Transport Future, ABS Chairman and CEO Urges Washington—Christopher J. Wiernicki Speaks at the White House on the Future of Sustainable Transportation “Many of our sustainable transportation programs and in...
- + U.S. Coast Guard Heavy Icebreaker Production Decision Expected This Week After Multi-Year Delay—In a major step for the U.S. Coast Guard’s efforts to construct its first heavy icebreaker in 50 years, the production decision by the Department of H...
- + Imminent EU Climate Rule for Ships Is Set to Add to Fuel Bills—A European Union rule designed to cut greenhouse gas emissions from shipping is about to start adding to the industry’s fuel bills. [Category: Environ...
- + U.S. Treasury Targets Iran’s Shadow Fleet with New Sanctions—The United States Department of the Treasury has announced new sanctions targeting four entities and three vessels involved in Iran’s petroleum ...
- + Shipyard Squeeze: Shipping’s $188B Ordering Spree is Overloading Global Capacity—The biggest vessel-ordering program since the eve of the global financial crisis is putting a squeeze on the shipbuilding industry’s capacity to const...
- + Russia’s Gazprom Makes First LNG Delivery to Italy Amid Shifting European Energy Landscape—In a significant development for European energy markets, Russian energy giant Gazprom has completed its first liquefied natural gas (LNG) delivery to...
- + Somali Pirates Demand $10M Ransom for Release of Chinese Vessel—Pirates holding a Chinese-owned fishing vessel off Somalia’s northeastern coast have reportedly issued a $10 million ransom demand, marking a si...
- + Spain’s Navantia Rescues Historic Shipyard Harland & Wolff from the Brink—Spanish state-held shipbuilder Navantia will acquire the shipyards of Britain's Harland & Wolff, the Belfast-based company best known for building...
- + Israel Strikes Back: Houthi Ports in Yemen Targeted in Retaliatory Airstrikes—Israel launched strikes against ports and energy infrastructure in Houthi-held parts of Yemen on Thursday and threatened more attacks against the Iran...
- + Bipartisan SHIPS Act Aims to Revitalize U.S. Maritime Industry, Counter China’s Dominance—In a landmark move to restore America’s maritime leadership, a bipartisan group of lawmakers has introduced comprehensive legislation aimed at r...
- + gCaptain Endorses the SHIPS for America Act—by Captain John Konrad (gCaptain) Senator Mark Kelly, Congressman Trent Kelly, Senator Todd Young, and Congressman John Garamendi are set to introduce...
- + gCaptain Endorses The Ships For America Act—by Captain John Konrad (gCaptain) Senator Mark Kelly, Congressman Trent Kelly, Senator Todd Young, and Congressman John Garamendi are set to introduce...
- + Swedish Police Allowed to Board Chinese Ship ‘Yi Peng 3’ in Cable Breach Case—Swedish police said on Thursday they had boarded the Yi Peng 3 vessel, which is at the center of an investigation into Baltic Sea cable breaches, at t...
- + German Lawmakers Approve €4.7 Billion Order for Submarines—German lawmakers approved the government’s request for €4.7 billion to buy four additional U212CD submarines from Thyssenkrupp Marine Systems GmbH on ...
- + Trump Signals Jones Act Policy Will Stay the Course—President-elect Donald Trump has reignited the debate over the Jones Act, sharing a pro-Jones Act article that underscores the century-old law’s...
- + California Ports Strike Landmark Agreement on Floating Offshore Wind—The California State Lands Commission has partnered with the ports of Long Beach and Humboldt in a groundbreaking agreement to accelerate floating off...
- + Multiple Casualties After Indian Navy Boat Hits Passenger Vessel Off Mumbai—At least 13 people died when an Indian naval boat collided with a passenger ferry with more than 100 passengers which then capsized off the coast of f...
- + Hollywood Maverick Tom Cruise Receives Navy’s Top Civilian Honor—Tom Cruise, Hollywood legend and the U.S. Navy’s 36th Honorary Naval Aviator, has added another accolade to his storied career—but this time, it’s not...
- + Canada’s Iconic Tugboat ‘Theodore Too’ Partially Sinks at Shipyard—The iconic 65-foot replica tugboat Theodore TOO, beloved by Canadians and fans of the classic CBC series Theodore Tugboat, has partially sunk at Ontar...
- + Cyprus Shipping Veteran Thomas Kazakos Named ICS Secretary General—The International Chamber of Shipping (ICS), representing over 80% of the world’s merchant fleet, has unanimously appointed Thomas A. Kazakos as...
- + Malaysia-based UNI-FLEET Chooses ABS Wavesight Nautical Systems™ to Optimize Maintenance and Purchasing Operations—ABS Wavesight™, the ABS-affiliated Software-as-a-Service company, is pleased to announce that UNI-FLEET SDN BHD, a specialized shipping company operat...
- + Denmark Warns Russia May Send Warships to Escort Oil Tankers—Denmark warned that Russia’s navy may start escorting the so-called shadow fleet tankers through Danish straits to escalate provocations against NATO ...
- + Iran’s Revolutionary Guards Extend Control Over Tehran’s Oil Exports—Iran's Revolutionary Guards have tightened their grip on the country's oil industry and control up to half the exports that generate most of Tehran's ...
- + Trump Tariff Threat Helps Lift US Ocean Imports—When U.S. presidential candidate Donald Trump started talking about new import tariffs on the campaign trail, Danny Reynolds checked the tags on weddi...
- + Port of Long Beach on Track to Smash Cargo Record in 2024—The Port of Long Beach is poised to shatter its annual cargo record in 2024, projecting 9.6 million TEUs (Twenty-foot Equivalent Units) by year’...
- + FuelEU Maritime Countdown: Industry Braces for 2025 Green Fuel Mandate—With the clock ticking, shipping companies face challenges and opportunities under the EU’s landmark regulation. On January 1, 2025, the European Unio...
- + China Dominates Global Containership Construction as Korean Shipyards Face Decline—Chinese shipyards have solidified their dominance in the construction of containerships, commanding an impressive 68.5% of the global boxship orderboo...
- + GAO Report Reveals Massive Waste in Navy’s $3.7B Cruiser Modernization Program—The U.S. Navy’s ambitious modernization program for its Ticonderoga-class guided-missile cruisers has largely failed to meet its objectives, res...
- + Vale’s SOHAR MAX Becomes the World’s Largest Wind-Assisted Ship—UK-based Anemoi Marine Technologies has successfully completed the installation of five Rotor Sails on the massive 400,000 dwt Very Large Ore Carrier ...
- + New Zealand Launches Critical Salvage Operation for Sunken Navy Vessel in Samoa—The New Zealand Defence Force (NZDF) has initiated a complex salvage operation to recover fuel and pollutants from the HMNZS Manawanui, which sank off...
- + Third Tanker Sends Distress Call as Oil Washes Up on Russia’s Black Sea Coast—Spilled oil has washed up along “tens of kilometers” of the Russian Black Sea coast after two tankers were badly damaged in a storm at the weekend, a ...
- + UK Leads Global Crackdown on Russia’s Shadow Fleet with New Sanctions—The UK government has announced comprehensive measures targeting illicit oil shipping while bolstering Ukraine’s critical infrastructure. The UK...
- + Houthis Plan Red Sea Security Webinar… Yes, Really—After a year of drone and missile attacks against merchant and naval vessels, the Iranian-backed Houthi rebel group is now extending an olive branch o...
- + ABB releases 2024 edition of Generations – ‘Expanding Horizons’—ABB has released a collected version of its 2024 Generations articles, published to explore the technological innovations, personalities, an...
- + Denmark Will Not Extradite Anti-Whaling Activist Paul Watson to Japan, Lawyer Says—Denmark has rejected a Japanese request to extradite anti-whaling activist Paul Watson over criminal charges dating back more than a decade, a Danish ...
- + U.S. Military Strikes Houthi Command Center in Yemen’s Capital—The U.S. military has carried out a precision airstrike on a key command-and-control facility operated by Iran-backed Houthi militants in Sana’a...
- + Insurance Checkpoint Ahead: European Countries Step Up Scrutiny of Tankers Moving Russian Oil—Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world — by asking to see how ...
- + Canadian Bulk Carrier ‘Tim S Dool’ Successfully Refloated After Three-Week St. Lawrence River Grounding—The Canadian-flagged bulk carrier M/V Tim S Dool has been successfully refloated after spending more than three weeks aground on Crysler Shoal in the ...
- + EU Imposes First-Ever Sanctions On Yamal Gas Project Targeting ‘Christophe de Margerie’ LNG Carrier—The EU’s 15th sanctions package against Russia for the first time targets Yamal LNG by including a carrier in service of the project. The ice-ca...
- + EU Extends Naval Operation ATALANTA Until 2027 as Somali Piracy Surges in Indian Ocean—The European Council has extended its counter-piracy mission Operation ATALANTA for two more years, coming amid a dramatic resurgence of Somali piracy...
- + VIDEO: Russian Tanker Breaks Apart in Storm—A major maritime incident unfolded in the Kerch Strait over the weekend as the Russian oil tanker Volgoneft 212 broke in half during severe weather co...
- + Finland Greenlights New Baltic Icebreaker—Finland’s government has taken a decisive step toward modernizing its critical maritime infrastructure by supporting funding for a new Baltic Se...
- + EU Expands Maritime Sanctions: 52 New Vessels Added to Russia’s Shadow Fleet Blacklist—The European Union has unveiled its 15th package of restrictive measures, specifically targeting Putin’s shadow fleet and maritime circumvention...
- + Russia Now Primary Suspect in ‘Yi Peng 3’ Baltic Sea Cable Incident—Chinese bulk carrier Yi Peng 3 remains at anchor in international waters of Denmark’s Kattegat Strait a month after the C-Lion 1 and BCS East-West Int...
- + Norway to Provide $242 Million to Strengthen Ukrainian Navy—Norway said on Monday it would provide 2.7 billion crowns ($242 million) to strengthen the Ukrainian navy and help it deter Russian naval forces in th...
- + Tanker Rates Tumble on Key Route as China Cuts Crude Purchases—Spot rates for hauling crude on the largest vessels from the Middle East to China, a benchmark route, have sunk by a third this year as demand in the ...
- + US Warship Makes Rare Visit To Cambodia Base At Center Of Feud—By Philip J. Heijmans Dec 13, 2024, 2:04 AM – (Bloomberg) –The US will send a warship to visit a naval base in Cambodia for the first...
- + Oil Spill Occurs At Shell Terminal In Nigeria—By Camillus Eboh ABUJA, Dec 15 (Reuters) – An oil spill has occurred at the Shell loading terminal in Nigeria’s Delta region after a pipel...
- + Oil Spills Into Kerch Strait After Russian Tanker Breaks Apart in Storm—A Russian oil tanker carrying thousands of tonnes of oil products split apart during a heavy storm on Sunday, spilling oil into the Kerch Strait, whil...
- + Yellen Won’t Rule Out Sanctions On Chinese Banks, Curbs On ‘Dark Fleet’ Oil Tankers—By David Lawder, Andrea Shalal WASHINGTON, Dec 13 (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Friday that the U.S. is looki...
- + Ukraine Plans Grain Exports To Syria Post-Assad—KYIV, Dec 15 (Reuters) – Ukrainian President Volodymyr Zelenskiy said on Saturday he had instructed his government to set up supply me...
- + Can A US Missile Defense System Shield Guam From Chinese Threat?—By Gerry Doyle, Vijdan Mohammad Kawoosa, Arathy J. Aluckal Dec 11 (Reuters) – An SM-3 interceptor erupted into the night sky over Guam late on T...
- + After Days of Military Activity, China Restates Its Hard Line on Taiwan—China's defense ministry on Friday broke its silence about days of military activities around Taiwan, saying it was entitled to stage exercises and th...
- + Gulf of Mexico Offshore Wind Competition Heats Up—The Bureau of Ocean Energy Management (BOEM) has confirmed competitive interest in two offshore wind areas (WEAs) off the southeast Texas coast, follo...
- + Fisherman Survives Three Days Adrift at Sea After Being Forced Overboard at Knife-Point—A 37-year-old crew member was saved after spending three harrowing days adrift at sea following alleged abuse aboard a fishing vessel. Afif Efendy, a ...
- + Russia’s First Ammonia Terminal Ramps Up Exports Despite Sanctions—Russia launched the country's first ammonia sea terminal at the port of Ust-Luga on Friday, aiming to increase export capacity amid Western sanctions....
- + Iranian Oil Prices to China Hit New Multi-year Highs as Sanctions Hit Shipping—The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up ...
- + UK Calls for Mandatory Thermal Imaging After Stena Europe Engine Fire—UK investigators are urging the International Maritime Organization (IMO) to mandate thermographic equipment for hot surface detection following a ser...
- + Wallenius Wilhelmsen Secures Contracts Worth $375M as Market Shows Signs of Cooling—Wallenius Wilhelmsen has secured two major multi-year contracts with leading automotive manufacturers, both featuring biofuel components. The deals, v...
- + China Says Philippines Has ‘Provoked Trouble’ in South China Sea With U.S. Backing—China accused the Philippines on Friday of having "provoked trouble" in the South China Sea with U.S. backing, a week after Beijing and Manila traded ...
- + Modi’s $6 Billion Submarine Plan Stalls Following Sea Tests—India’s $6 billion plan to build submarines has stalled because of contractor complaints over whether proper procedures were followed during tests at ...
- + Trump Backs Longshoremen in Port Automation Dispute as January Strike Deadline Looms—President-Elect Donald Trump has thrown his support behind the International Longshoremen’s Association (ILA) in their ongoing labor dispute wit...
- + Offshore Oil’s $7 Billion Question: Who Pays for Decommissioning?—W&T Offshore, an independent driller operating in the U.S. Gulf of Mexico, has asked a federal judge to block insurance companies' demands for $25...
- + EU Delegation’s Campaign to Dismantle Jones Act Exposed in Government Filing—A newly uncovered government disclosure has revealed a coordinated European Union effort to weaken one of America's foundational maritime laws, includ...
- + Grounded Bulk Carrier in St. Lawrence Seaway Begins Critical Refloating Operation—Cargo lightering and refloating operations are commencing today for the Canadian-flagged bulk carrier, M/V Tim S. Dool, marking a crucial phase in the...
- + Singapore Port Authority Seeks Proposals to Help Scale LNG Bunkering—The Maritime and Port Authority of Singapore (MPA) has launched an expression of interest (EOI) to gather proposals for scaling up liquefied natural g...
- + Russia’s Rosneft Delays Arctic Mega Oil Project Due to Sanctions, Shortage of Oil Tankers—Russian Oil major Rosneft has delayed the commissioning of the Vostok Oil project until 2026, in part due to a shortage of ice-capable oil tankers as ...
- + EU Backs Sanctions Package, Includes 45 Additional Russian Oil Tankers—The European Union gave preliminary backing to a 15th package of sanctions against Russia that includes an extension of an exemption for Slovakia to t...
- + Rosneft, Reliance Agree Biggest Ever India-Russia Oil Supply Deal, Sources Say—Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest e...
- + Nuance in Ocean Freight Rates Could Be Another Front-Loading Tea Leaf—Ocean freight rates have jumped up for the December 15-31 bookings signaling a tightness of space due to demand. Logistics managers tell gCaptain th...
- + Drones Over the Jersey Shore? Congressman Claims Iran Mothership is Lurking Off U.S. Coast—Congressman Jeff VanDrew of New Jersey claims Iran has positioned a drone mothership off the U.S. East Coast, allegedly responsible for recent mysteri...
- + Yellen: Soft Oil Market Opens Door to Squeeze Russia Further—The United States is continuing to look for creative ways to reduce Russia's oil revenue and lower global demand for oil creates an opportunity for mo...
- + Kawasaki Heavy Suspends Plan to Use Hydrogen From Aussie Coal—Kawasaki Heavy Industries has revised its Japan-Australia hydrogen supply chain demonstration project, suspending plans to use hydrogen derived from A...
- + Trump Trade War to Hurt US Farmers More as China Turns to Brazil—Donald Trump’s first trade war hurt American soybean farmers to the tune of $11 billion. A sequel is set to be even worse. [Category: Shipping, China,...
- + U.S. Port Efficiency Rankings Spark Heated Debate as ILA-USMX Labor Negotiations Intensify—The International Longshoremen’s Association (ILA) leadership is challenging recent media narratives about U.S. port efficiency, as tensions esc...
- + QatarEnergy Seals Historic LNG Fleet Expansion—QatarEnergy has reached a significant milestone by awarding its final batch of vessel contracts to a Japanese-Chinese partnership between Mitsui O.S.K...
- + China Says It Takes ‘Necessary Measures’ to Defend Sovereignty Over Taiwan—China said on Wednesday it takes "necessary measures" to defend the country's sovereignty and will not tolerate "separatist" activities, as Taiwan rep...
- + Billionaire Adani Ends US Tie-Up on Colombo Port Meant to Counter China—Embattled billionaire Gautam Adani pulled out of a loan deal with an American agency to fund a port terminal in Sri Lanka’s capital, ending an agreeme...
- + New DHL-backed School of Logistics and Trade in Africatown aims to unlock global career and commerce opportunities for historically disadvantaged community—Pollee and Rose Allen School of Logistics and Trade, established by nonprofit Embracing Your Past to Empower Your Future, INC. with support of DHL glo...
- + Israeli Strikes Decimate Syrian Weapons Stockpiles, Navy—Israel aims to impose a "sterile defense zone" in southern Syria that would be enforced without a permanent troop presence, Defence Minister Israel Ka...
- + LNG Export Terminals Await Environmental Reviews as Trump Plans Energy Push—The U.S. Department of Energy said on Tuesday it is not able to complete reviews of two planned liquefied natural gas export terminals in Louisiana un...
- + WATCH: Australian Navy Joins Elite Club with Tomahawk Missile Test—The Royal Australian Navy has joined an exclusive group of nations capable of deploying Tomahawk cruise missiles, marking a transformative moment in t...
- + Denmark’s Auction Flop Reveals Cracks in Europe’s Offshore Wind Industry—Europe is starting to find the limit of a decades-long boom in offshore wind. It can be seen most acutely in the places that have been quickest to ...
- + Davie Undertaking Major Shipyard Transformation to Build Canada’s Most Advanced Icebreakers—Canada’s Chantier Davie Canada Inc. (Davie Shipbuilding) has announced strategic partnerships with Pearlson & Pearlson Inc. and Construction...
- + Car Carrier Bull Market Seems to Be Fading—Since the pandemic, earnings for ships that move cars across the oceans have soared to record levels, fueled by booming global trade in vehicles. The ...
- + U.S. Navy Destroyers Fend Off Houthi Attack on American Ships in Gulf of Aden—The Iran-backed Houthis on Tuesday announced the targeting of three American supply vessels and two destroyers in the Gulf of Aden. The U.S. Central C...
- + Shell Settles Lawsuit Against Greenpeace Over Activists Boarding Oil FPSO—British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists boarded a Shell ...
- + Satellite Imagery Shows Russian Navy Ships Anchored Off Syrian Coast—Satellite imagery show that Russian naval ships have left Moscow's base at Tartous on Syria's coast and some have dropped anchor offshore following th...
- + Marcos Says Philippines Won’t Send Warships After China Clashes—Philippine President Ferdinand Marcos Jr. said his nation won’t deploy Navy warships to the South China Sea in response to recent clashes with Beijing...
- + Orange Juice Tanker Saves Solo Sailor from Sinking Vessel in Atlantic—The U.S. Coast Guard and the crew of the orange juice tanker Orange Ocean successfully rescued a solo sailor in distress 420 miles north of Puerto Ric...
- + Port Strike Threat and Trump Tariffs Spark Import Surge at U.S. Container Ports—A potential East Coast and Gulf Coast port strike looming in January, coupled with President-elect Trump’s planned tariff increases, is seen dri...
- + Climeon Signs Order With NovaAlgoma For Heatpower 300 Installation On Groundbreaking Cement Carrier—Climeon is pleased to announce that NovaAlgoma Cement Carriers (NACC) has placed an order for Climeon’s HeatPower 300 system, an Organic Rankine ...
- + Maersk: Lunar New Year, Labor Disputes, and Port Congestion Challenge European Shipping Market in 2025—The early months of 2025 will present unique challenges and opportunities for the shipping industry. The Lunar New Year, beginning January 29, 2025, i...
- + BOEM’s Draft EIS Sets the Stage for GoM Oil Leasing in a Shifting Energy Landscape—The Bureau of Ocean Energy Management (BOEM) has released its Draft Programmatic Environmental Impact Statement (EIS) for Gulf of Mexico oil and gas l...
- + Methanol Milestone: Inside Maersk Halifax’s Green Methanol Conversion—MAN Energy Solutions has completed the world’s first retrofit of a Very Large Container Vessel (VLCV) to enable green methanol operation. The Ma...
- + FMC Halts Premier Alliance Rollout Over Competitive Concerns—The US Federal Maritime Commission (FMC) has issued a request for more information from ONE, HMM and Yang Ming on their proposed Premier Alliance. [Ca...
- + U.S. Coast Guard Cutter Seizes $4.6M Drug Cache in International Waters—The U.S. Coast Guard’s Bahrain-baed Sentinel-class fast response cutter Glen Harris (WPC 1144) successfully intercepted and seized illicit narco...
- + FMC Closes Great Lakes Ballast Water Investigation as Canadian Exemptions Ease Concerns—The Federal Maritime Commission (FMC) has concluded one of its two investigations into Canadian ballast water regulations affecting Great Lakes shippi...
- + Arctic Shipping Sets New Records With Hundred Transit Voyages Carrying 3m Tonnes of Cargo in 2024—A tanker hauling Russian crude from the Baltic Sea to India that was observed heading toward the Shetland Islands — a route that would have taken it o...
- + Sanctioned Russia Oil Tanker Turns Back From Detour Around UK—A tanker hauling Russian crude from the Baltic Sea to India that was observed heading toward the Shetland Islands — a route that would have taken it o...
- + Taiwan Raises Alert as China Deploys 90 Ships in Likely Drills—Taiwan raised its alert level on Monday saying China has set up seven zones of reserved airspace and deployed naval fleets and coast guard boats in wh...
- + Rift Deepens Between The Philippines, China Over South China Sea—MANILA, Dec 6 (Reuters) – Relations between Manila and Beijing have soured under Philippine President Ferdinand Marcos Jr, with Manila pivoting ...
- + Disney’s Largest Cruise Ship Targets Asia With Marvel Superheroes—By Adrian Wong (Bloomberg) –Tickets for a voyage on board Walt Disney Co.’s first Asia-based cruise ship go on sale next week, as the enter...
- + US Judge Upholds Naval Academy’s Race-Conscious Admissions Policies—By Nate Raymond Dec 6 (Reuters) – A federal judge on Friday ruled that the U.S. Naval Academy may continue to consider race when evaluating cand...
- + Dominican Republic Port Seizes Record 9.5 Tons Of Cocaine—SANTO DOMINGO, Dec 6 (Reuters) – The Dominican Republic on Friday reported its largest ever cocaine seizure, saying it found some 9.5 metric ton...
- + EU Reaches Long-Sought Mercosur Trade Deal Over French Objections—The European Union and the South American Mercosur bloc clinched a long-sought trade deal over the vehement objections of France, which has pledged to...
- + Photos: USS Zumwalt Undocking Marks Major Milestone in Navy’s Push for Hypersonic Weapons—HII’s Ingalls Shipbuilding division has successfully undocked the USS Zumwalt (DDG 1000), marking a crucial step in the destroyer’s modern...
- + EU Containership Emissions Stagnate Despite Industry Claims of Progress—European containerships are showing no improvement in pollution levels per container compared to six years ago, according to a new report from Transpo...
- + OPEC+ Extends Cuts: Why the Oil Giants Are Delaying Output Rises to Q2 2025—DUBAI, Dec 6 (Reuters) – Saudi Energy Minister Prince Abdulaziz bin Salman said on Friday the OPEC+ decision to pu...
- + Somali Piracy Resurges After Monsoon Lull—With the Indian Ocean monsoon season ending, Somali piracy activity is expected to rise. After a four-year absence, Somali piracy has resurged dramati...
- + Abandoned Cargo Ship Listing in Red Sea After Engine Room Flooding—The Panama-flagged cargo vessel MV ISA STAR has been abandoned in the Red Sea after experiencing flooding in its engine room, with all 20 crew members...
- + Canada Seeks Stronger US Ties in Arctic to Counter Russia, China—Canada will establish two new Arctic consulates in Alaska and Greenland and appoint a dedicated Arctic ambassador as part of a long-awaited strategy f...
- + Revolutionary Wind-Powered Car Carrier Enters Critical Testing Phase—Wallenius Marine is conducting groundbreaking wind tunnel tests in Gothenburg for what aims to be the world’s first wind-powered Pure Car and Tr...
- + Spot Rate Rollercoaster: Carriers Bank on GRIs Ahead of Lunar New Year—Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ...
- + U.S. Coast Guard Icebreaker ‘Aiviq’ to be Renamed ‘Storis’ Photos Reveal—A week after Aiviq arrived at Tampa Ship LLC in Florida a new set of photos shows the vessel fully repainted in U.S. Coast Guard icebreaker red. The t...
- + GAO Sounds Alarm on Navy’s Amphibious Fleet Readiness—A new Government Accountability Office (GAO) report has revealed readiness challenges plaguing the U.S. Navy’s amphibious warfare fleet, with half of ...
- + Dead Calm: Denmark Receives Zero Bids in Largest-Ever Offshore Wind Auction—By Sanne Wass (Bloomberg) — Denmark received no bids in its largest-ever wind power tender, aimed to more than triple its offshore capacity by t...
- + Shell and Equinor Join Forces to Create UK North Sea’s Largest Independent Oil Producer—Units of Equinor and Shell have announced plans to merge their UK offshore oil and gas operations, creating the largest independent producer in the UK...
- + LNG’s Adolescence: Maturing Fast in the Race to Decarbonize Shipping, But Infrastructure Gap Looms—LNG-fueled vessels are rapidly emerging as the frontrunner in alternative marine fuels, despite representing just a fraction of the global fleet. A re...
- + Somali Pirates Hijack Chinese Fishing Vessel in Renewed Threat Shipping—The European Union’s Operation ATALANTA is monitoring a Chinese fishing vessel allegedly hijacked off Somalia’s northeastern Puntland coast. The...
- + Oil Patch in Canada Has $24 Billion Shield Against Trump Tariffs—The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers reduce their near-total reliance o...
- + Crew of Panama-Flagged Cargo Ship Rescued in Red Sea—The crew of Panama-flagged cargo ship MV ISA STAR have been rescued in the Red Sea after sending a distress signal, the EU's Aspides naval mission sai...
- + UNCTAD: Global Trade On Track to Hit Record $33 Trillion in 2024—Global trade in both goods and services is poised to achieve an unprecedented $33 trillion in 2024, marking a substantial $1 trillion increase and 3.3...
- + FMC Investigating Spain’s Alleged Port Access Denial of U.S.-Flagged Vessels—The Federal Maritime Commission (FMC) has launched a formal investigation into Spain’s apparent controversial port access restrictions targeting...
- + Philippines Files Protest Against China After Sea Incidents—The Philippines filed a diplomatic protest against Beijing on Thursday, a government official said, following fresh encounters between Chinese and Phi...
- + M/V ARC Endeavor Joins Maritime Security Program Fleet—American Roll-On Roll-Off Carrier Group Inc. (ARC) has integrated the recently reflagged M/V ARC Endeavor into the Maritime Security Program (MSP) fle...
- + Trump’s Trade Hawk Peter Navarro Tapped for White House Return—Former White House adviser Peter Navarro has been named to return as senior counselor for trade and manufacturing in President-Elect Trump’s second ad...
- + Mega-Containership and Oil Tanker Collide in Strait of Gibraltar—A crude oil tanker and one of the world’s largest containerships collided early Tuesday, December 3, in the Strait of Gibraltar. The accident involved...
- + Maersk Sell Ratings Stack Up as Oversupply Concerns Mount—Sell recommendations on A.P. Moller - Maersk A/S shares are piling up as worries return about oversupply in the shipping market. [Category: Shipping, ...
- + Report: Russian Ship Fired Flare at German Helicopter in Baltic Sea—A German defense ministry spokesperson could not confirm media reports on Wednesday about an incident between a German army helicopter and a Russian s...
- + MAN Energy Solutions Achieves Full-Scale Ammonia Engine Testing Milestone—MAN Energy Solutions has commenced testing of the world’s first full-scale, two-stroke marine engine running on ammonia at its Research Centre C...
- + Russia’s Nuclear Icebreaker Fleet Now Largest Ever as Eighth Vessel Begins Sea Trials—Russia’s fleet of powerful nuclear icebreakers is now eight vessels-strong, surpassing previous high points reached in the 1990s and 2000s. [Category...
- + What It’s Like to Captain a Tanker on Fire After a Houthi Attack—Captain Avhilash Rawat had just finished dinner when an anti-ship ballistic missile smashed into his oil tanker. [Category: Incidents, houthis, oil ta...
- + Philippines, China Trade Accusations On New South China Sea Confrontation—China and the Philippines gave conflicting versions on Wednesday of a maritime confrontation around a contested shoal in the South China Sea, the late...
- + Maritime Heroes Honored: IMO Recognizes Exceptional Bravery at Sea—The International Maritime Organization (IMO) presented the 2024 IMO Award for Exceptional Bravery at Sea to the the Captain and crew of the oil tanke...
- + Blacklisted Tanker Avoids English Channel as UK Expands Sanctions Enforcement—A tanker hauling Russian crude from the Baltic Sea to India is taking an unusually long route around the UK, just as Britain expands sanctions against...
- + Biden Administration Forges Ahead with Offshore Wind Development Despite Trump Threats—The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has issued two major decisions advancing offshore wind development alon...
- + As Sabotage Allegations Swirl, NATO Struggles to Secure the Baltic Sea—TURKU, Finland, Dec 3 (Reuters) – On Nov. 18, hours after two communication cables were severed in the Baltic Sea, 30 N...
- + ILA-USMX Port Automation Dispute Intensifies as January Deadline Looms—The International Longshoremen’s Association (ILA) and U.S. Maritime Alliance (USMX) are locked in a critical dispute over port automation, with...
- + Starship to Shipyards: How Space Policy Could Save U.S. Maritime Power—Can lessons learned in space help us revitalize america’s maritime economy? By Bruce Kimbrell (Policy Op-Ed) On the 249th anniversary of the...
- + Maritime Professional Training Welcomes Dr. Crystal Allen Craft as Vice Principal of Academic Affairs—Maritime Professional Training (MPT) has been a cornerstone in the community, serving as an essential resource for mariners, yacht crew, and ind...
- + U.S. Imposes Sweeping Sanctions on Shadow Fleet Moving Iranian Oil—The United States has imposed sanctions on 35 entities and vessels involved in transporting Iranian oil to international markets, as part of a major c...
- + U.S. Navy Increasingly Turning to Commercial Tankers for At-Sea Refueling Operations—The U.S. Navy is increasingly relying on consolidated cargo operations (CONSOL) with commercial tankers to support its global fleet, marking a strateg...
- + China Bans Export of Key Minerals to U.S. as Trade Frictions Escalate—China has banned exports to the United States of items related to the minerals gallium, germanium and antimony that have potential military applicatio...
- + Coast Guard Suspends Search for Five Missing After Fishing Vessel Capsizes in Alaska—The U.S. Coast Guard has suspended its extensive 24-hour search for five missing people after their vessel, the Wind Walker, capsized near Couverden P...
- + Marlink to deploy Sealink NextGen on 24 vessels for Thoresen Shipping—Integration of LEO and VSAT services with full digital network management and cyber security tools will create new possibilities for specialist dry bu...
- + Philippines Sends Ships to Reef After China ‘Harassment’—The Philippines said a Chinese Navy chopper harassed Filipino fishing boats at a disputed South China Sea reef, showing lingering tensions in the key ...
- + Global Supply Chain Leaders Grapple with Rising Tariffs, Survey Reveals—Nearly half of supply chain leaders have identified rising tariffs and trade barriers as their primary concern heading into 2025. The 2024 Supply Chai...
- + Hurtigruten Charts Course for Growth Under New Ownership—Norwegian coastal cruise operator Hurtigruten has announced a transformative acquisition deal by a consortium of existing investors, securing €110 mil...
- + U.S. Sanctions Five Gulf Cartel Members Over Illegal Fishing in Gulf of Mexico—The U.S. Treasury Department has taken decisive action against Mexico’s Gulf Cartel, sanctioning five key members for their involvement in illeg...
- + LNG Dominates Alternative Fuel Vessel Orders as Methanol Demand Wanes—LNG is remaining the dominant choice for alternative-fueled vessel orders in late 2024, accounting for 23 of the 27 new orders placed in November, acc...
- + Future-Proof Shipbuilding: Fuel-Agnostic Efficiency Solutions for IMO and FuelEU Compliance—The maritime industry is undergoing a profound transformation as it confronts the dual challenge of reducing greenhouse gas (GHG) emissions and mainta...
- + Record-Breaking Drug Bust: Australian Authorities Seize Cocaine Worth $465 Million at Sea—Australian authorities have intercepted the nation’s largest-ever cocaine shipment, leading to the arrest of 13 suspects in a sophisticated mari...
- + Panama Purging Sanctioned Ships in Flag Registry Crackdown—Panama is canceling the registration of six ships sailing under its flag that were sanctioned by the UK last week, a boost for Western nations that ha...
- + Five Missing After Fishing Vessel Capsizes in Treacherous Alaskan Waters—The U.S. Coast Guard, alongside Good Samaritans, is conducting an urgent search operation for five people after their fishing vessel Wind Walker capsi...
- + For Want of an Oiler: The Fragile State of America’s Afloat Logistics Fleet—Salvatore R. Mercogliano, Ph.D. – The Navy oiler – a tanker designed to refuel other ships while at sea – shuddered from the hit. Almost immedia...
- + Hapag-Lloyd Expects Lower Profitability in Fourth Quarter—Hapag-Lloyd expects lower profitability in the fourth quarter but still at a "good level", after freight rates peaked in the third quarter, Rolf Habbe...
- + Maersk Orders 20 Dual-Fuel Containerships in Major Fleet Renewal Push—A.P. Moller-Maersk has finalized agreements for 20 new dual-fuel container vessels as part of its ambitious fleet modernization strategy, marking a si...
- + Threatened by Climate Change, Panama Canal Has Big Plans to Deal With Drought—The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cat...
- + Iran’s Oil Trade With China Rattled by US Sanctions on Tankers—A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery of oil from the OPEC produ...
- + U.S. Navy Destroyers Thwart Multiple Houthi Attacks on American Ships—Two U.S. Navy destroyers successfully defended against multiple Houthi-launched attacks while escorting American merchant vessels through the Gulf of ...
- + Protesters Block Access To Black Seaport Of Poti—TBILISI, Dec 1 (Reuters) – Georgian anti-government protesters on Sunday blocked an access road into the country’s main commercial port in...
- + China Coast Guard Says It Conducted Patrols Around Scarborough Shoal In South China Sea—BEIJING, Nov 30 (Reuters) – China’s coast guard said it had conducted patrols around the Scarborough Shoal in the South China Sea on Satur...
- + India and Italy In Talks On Blue Economy, Port Cooperation—By Jeanette Rodrigues Nov 30, 2024 (Bloomberg) —Italy is in talks with India to ramp up cooperation in the ship and yacht building industri...
- + Myanmar Navy Fires At Thai Fishing Boats, Detains 31 Fishermen—BANGKOK, Nov 30 (Reuters) – Myanmar’s navy opened fire on a group of Thai fishing vessels on Saturday, causing one fisherman to drown, and...
- + Panama Cancels Ship Registrations After UK’s Shadow Fleet Crackdown—The Panama Maritime Authority (PMA) has launched expedited cancellation procedures for six Panamanian-flagged vessels recently targeted by UK sanction...
- + Hapag-Lloyd Secures Green Methanol Supply for Retrofitted Containerships—Hapag-Lloyd has secured a major agreement with Beijing-based clean energy provider Goldwind for the annual supply of 250,000 tonnes of green methanol....
- + UK Expands Emissions Trading Scheme to Maritime Sector—The UK is expanding its Emissions Trading Scheme (ETS) to include maritime emissions, marking a transformative step for the shipping industry’s ...
- + Hamburg’s Historic Port Looks to the Future with MSC Backing—A unit of the world’s largest shipping line, MSC Mediterranean Shipping Company, and the City of Hamburg have successfully completed their joint...
- + Shipping Magnate Pivots Her $6 Billion Fortune Towards Equities—The family office for Maria Angelicoussis, Greece’s richest shipping magnate, is boosting publicly traded investments after notching up huge gains in ...
- + Autopilot Oversight: How 12 Minutes of Confusion Sealed HMNZS Manawanui’s Fate—An interim Court of Inquiry report reveals that a critical series of human errors involving the HMNZS Manawanui’s autopilot system led to the disaster...
- + Coast Guard Inks Deal to Acquire ‘Aiviq’ As Vessel Arrives in Tampa Dry Dock to Begin Conversion—The U.S. Coast Guard has closed on the $125m fixed-price deal to acquire and convert icebreaking supply ship Aiviq from Offshore Surface Vessels LLC, ...
- + New Zealand Navy Ship Sank Due to Human Error, Inquiry Finds—A Royal New Zealand Navy vessel ran aground and sank off the coast of Samoa last month as a result of human error, a government-initiated inquiry foun...
- + Chinese Buyers Soak Up Unsold Oil as Iranian Crude Flows Slow—China’s independent refiners have snapped up barrels from across the Middle East and Africa as offers of Iranian oil remain scarcer and more expensive...
- + Avance Gas Exits Shipping Market with $450 Million Profit, Plans Complete Wind-up—Avance Gas Holding Ltd (OSE: AGAS), one of the leading owners of Very Large Gas Carriers (VLGCs), has announced its complete exit from the shipping ma...
- + U.S. Coast Guard’s Aging ‘Polar Star’ Begins Antarctic Mission as Service Races to Modernize Icebreaker Fleet—The USCGC Polar Star, America’s only heavy icebreaker, has departed Seattle for its annual Antarctic mission supporting Operation Deep Freeze (O...
- + Trump Readying Energy Blitz: LNG Permits, Drilling, and Keystone Redux Top Day-One Agenda—Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve expor...
- + Frontline CEO Warns of Shadow Fleet’s Impact on Tanker Market—Frontline plc posted a profit of $60.5 million in the third quarter of 2024 despite challenging market conditions. The tanker shipping giant reported ...
- + Poland’s PM Proposes Navy Policing in Baltic Sea Amid Russia Threat—(Bloomberg) — Poland will propose a maritime policing program in the Baltic Sea similar to air-monitoring missions carried out by NATO members, ...
- + Trump’s Trade War Redux: Meet the New Architect of America’s Tariff Agenda—President-elect Donald Trump on Tuesday chose trade lawyer Jamieson Greer as his new U.S. trade representative, elevating a key veteran of his first-t...
- + Trump’s Tariff Plan Has No Exemption for Oil Imports—U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs on Canada and Mexico, sources told Reuters on...
- + Trump Nominates Financier John Phelan as Navy Secretary—President-elect Donald Trump has nominated John Phelan, a prominent figure in private investment and art who has no prior military experience, as the ...
- + Trump Nominates Wall Street Veteran John Phelan as Navy Secretary—President-elect Donald Trump has nominated John Phelan, a prominent figure in private investment and art who has no prior military experience, as the ...
- + Tankers, Chinese Firms in the Crosshairs as EU Shores Up Sanctions on Russian Oil Revenues—European Union envoys will discuss a 15th package of sanctions on Wednesday in response to Russia's 2022 invasion of Ukraine, including on tankers car...
- + Eni and MSC Forge Landmark Partnership to Accelerate Sustainable Fuels—Energy giant Eni and global shipping leader MSC Group have signed a groundbreaking memorandum of understanding to advance their joint pursuit of susta...
- + Austal Tapped to Build Australia’s New Heavy Landing Craft—Austal Limited (ASX: ASB) has been selected to construct eight Landing Craft Heavy vessels based on Damen’s Landing Ship Transport 100 (LST100) ...
- + Business Case For Wind Propulsion Improves as Decarbonisation Rules Kick in—Wind propulsion offers a viable option for decarbonisation in shipping, but further work is needed to adapt charter party agreements to its use, says ...
- + U.S. Trade Partners Warn Trump Tariffs Would Harm All Involved—Officials from Mexico, Canada and China warned U.S. President-elect Donald Trump's threat of imposing hefty tariffs on goods from the three largest U....
- + Trump’s ‘Drill, Baby, Drill’ Pledge Unlikely to Boost Production, Exxon Exec Says—By Mitchell Ferman (Bloomberg) — Oil and gas producers in the US will not raise output significantly in the coming years despite calls from Pres...
- + Faltering US Offshore Wind Industry Sends Next-Generation Startup Overseas—Off the coast of Mississippi, a startup has completed its first floating platform for offshore wind turbines. Aikido Technologies Inc.’s solution woul...
- + Containership Transits of Suez Canal Hit 2024 High, But Big Ships Avoid the Route—The Suez Canal recorded its highest containership traffic for 2024 last week, with 54 vessels traversing the waterway in both directions, according to...
- + Panama Land Bridge: Can It Solve the Canal’s Drought Woes?—Rising water levels have restored transits through the Panama Canal, but the canal authority is also looking into how a land bridge could move even mo...
- + Trade War 2.0? Trump Announces Tariffs on Top Trading Partners—President-elect Donald Trump vowed additional tariffs on Mexico, Canada and China, shaking markets with his first specific threats to the US’s top tra...
- + Sweden Urges Chinese Ship to Return for Undersea Cable Investigation—Sweden is asking a Chinese vessel to return to Swedish waters to help facilitate the Nordic country's investigation into recent breaches of undersea f...
- + Canadian Freighter ‘Tim S. Dool’ Hard Aground in St. Lawrence River—A Canadian-flagged bulk carrier, the Tim S. Dool, is currently hard aground on the U.S. side of the St. Lawrence River, prompting a complex salvage op...
- + UK Cracks Down on Russia’s Shadow Fleet with Largest Sanctions Package to Date—The UK has sanctioned 30 vessels from Russia’s so-called “shadow fleet” representing a decisive move to curtail Russia’s ability to fund its war...
- + Sixteen Missing After Tourist Boat Sinks off Egypt’s Red Sea Coast— Sixteen people including 12 foreign nationals are missing after a tourist boat sank off Egypt's Red Sea coast, the local government said on Monday. [...
- + Orsted Said to Start Selling Stake in Huge UK Wind Farm—Orsted A/S has launched the sale of a stake in one of the world’s biggest wind farms planned off the UK coast, according to people familiar with the m...
- + Red Sea Crisis: A Timeline of Maritime Chaos Over the Past Year—The past year has witnessed an unprecedented escalation of maritime violence in the Red Sea and surrounding waterways, with the Iranian-backed Houthi ...
- + Nation’s First Electric Hydrofoil Ferry Coming to Lake Tahoe—Lake Tahoe, the pristine alpine lake located in the Sierra Nevada mountain range, is poised to make maritime history with the introduction of the firs...
- + Record-Breaking 2024 Atlantic Hurricane Season Winds Down After Unprecedented Late-Season Surge—The 2024 Atlantic hurricane season is drawing to a close on November 30, marking a year of extraordinary storm activity that defied typical patterns. ...
- + Iran Braces for Trump Reset With Economy Buckling From Sanctions—When Donald Trump first entered the White House in 2017, Cyrus Razzaghi was running an Iranian business consultancy, advising US, Japanese and Europea...
- + Pollution Risk Management for U.S. Shipyards and Vessel Owners—Current Exposures and Future Environmental Challenges The U.S. maritime industry—especially shipyards and vessel owners—faces unique and intensifying ...
- + Secret Russian Oil Switching Gets New Greek Hotspot After Drills—The secret switching of Russian fuel cargoes between tankers at sea has migrated to new hotspots off the coast of Greece after the European country us...
- + UK Imposes Biggest Sanctions Package on Russian ‘Shadow Fleet’—Britain is imposing the biggest sanctions package against Russia's shadow fleet, targeting 30 vessels, foreign minister David Lammy said on Monday, ur...
- + International Customer Contracts VARD For Five Walk-to-Work Vessels—Ålesund, Norway 20 November 2024: VARD – one of the major global designers and shipbuilders of specialized vessels, is pleased to announce...
- + FarSounder Receives ISS’s Excellence in Technology Award—FarSounder has been awarded the prestigious Excellence in Technology Award by the International Superyacht Society during their Design & Leadershi...
- + US Agency Conducting Due Diligence On Adani’s Sri Lanka Project—By Dan Strumpf Nov 24, 2024 (Bloomberg) –A US agency that agreed to lend more than $500 million to an Adani Group-backed port development i...
- + Russian Strikes Have Damaged 321 Ukrainian Port Infrastructure Facilities, Zelenskiy Says—KYIV, Nov 23 (Reuters) – Russian drone and missile attacks have damaged 321 Ukrainian port infrastructure facilities since July last year, Presi...
- + Russian Strikes Have Damaged 321 Ukrainian port Infrastructure Facilities, Zelenskiy Says—KYIV, Nov 23 (Reuters) – Russian drone and missile attacks have damaged 321 Ukrainian port infrastructure facilities since July last year, Presi...
- + Australia Protest Forces Ship To Abort Arrival At Coal Port, 170 Arrested—SYDNEY, Nov 24 (Reuters) – A climate change protest off the coast of Australia’s New South Wales State forced an inbound ship to...
- + German and Swedish Coast Guards Arrive Near ‘Yi Peng 3’ In Escalating Cable Damage Incident—The investigation surrounding Chinese bulker carrier Yi Peng 3 suspected of damaging two submarine cables in the Baltic Sea continues to expand. [Cate...
- + Mexico Looks Past Trump Threats With $2.7 Billion Port Expansion—By Alex Vasquez Nov 23, 2024 (Bloomberg) –Mexico is looking beyond the incoming Trump administration’s threats of tariffs, betting on a bri...
- + KKR, Mitsui OSK Said Among Bidders in €1.5 Billion LBC Tank Sale—US private equity firm KKR & Co. and Japanese shipping company Mitsui OSK Lines Ltd. are among bidders for bulk liquid storage company LBC Tank Te...
- + London Gateway Tapped as Gemini Cooperation’s UK Hub as Felixstowe Misses Out—Maersk and Hapag-Lloyd have selected London Gateway as their primary UK hub for the upcoming Gemini Cooperation, set to launch on February 1, 2025. As...
- + China-Mexico Trade Hits Record Volumes, But Volatility Looms in 2025—The China-Mexico trade route has experienced unprecedented growth in 2024, with shipping volumes surging 18.9% in the first nine months compared to 20...
- + Lights Dim at Giant Russian LNG Construction Facility as Energy Sanctions Bite—Activity appears to have slumped at Russia’s only construction yard for liquefied natural gas modules, another sign of how Western sanctions are thwar...
- + Sabotage Suspicions: Sweden’s Navy Investigates Baltic Sea Cable Damage—Sweden’s Navy completed a survey of the seabed near one of the damaged data cables in the Baltic Sea as the Nordic country investigates potential sabo...
- + U.S. Coast Guard Sounds Alarm on Cyber Threats from Chinese Port Cranes—The U.S. Coast Guard has issued a new cybersecurity directive targeting Chinese-manufactured ship-to-shore cranes, addressing mounting concerns over n...
- + Nut Allergy? Singapore and Rotterdam Ships Hit by Cashew-Related Failures—Several ships in Singapore and Rotterdam reported operational problems in recent months after using marine fuel blended with cashew nutshell liquid bi...
- + FAK Fantasy: Carriers Struggle to Keep Rates Afloat—Container spot rates were largely unchanged for a third consecutive week, as it became evident that a 15 November rate hike on Asia-Europe trades had ...
- + Russia Resumes Ship-to-Ship LNG Transfers Ahead of EU Transshipment Ban—Transshipments of liquefied natural gas have resumed in Russia’s Arctic off Kildin Island near Murmansk. The restart comes around a month earlier than...
- + A Sea Change: Navy Unveils Plan to Rescue Military Sealift Command Amid Mariner Shortage—Secretary of the Navy Carlos Del Toro has approved a comprehensive plan to revitalize the Military Sealift Command (MSC) and strengthen fleet logistic...
- + Wind Propulsion Technology Gains Momentum in Maritime Industry as Two Major Projects Advance—Wind-assisted propulsion is making substantial inroads into the gas-carrier segment with two groundbreaking projects. Norsepower and IINO LINES have s...
- + MAIB: Fatal Mooring Line Accident Reveals Gaps in Safety Protocols—U.K. Marine Accident Investigation Branch (MAIB) has released its report into a fatal accident** aboard the Isle of Man-registered bulk carrier Mona M...
- + VARD Secures Major Contract for Five Advanced Walk-to-Work Vessels in Offshore Energy Sector—VARD has secured a contract to design and construct five state-of-the-art Walk-to-work vessels for an international client. The vessels, based on the ...
- + US Ports Sector Outlook Stable for 2025 Despite Economic Headwinds, Moody’s Reports—The US ports sector is poised for a year of modest growth in 2025, according to a recent Moody’s Ratings report. Despite facing economic challen...
- + Container Shipping Hedges Green Transition With Dual-Fuel Vessel Orders—Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash gr...
- + Adani Group Chairman Indicted in $250 Million Bribery Scandal—Gautam S. Adani, chairman of the Adani Group and a key figure in India’s ports and shipping sector, has been indicted along with seven other sen...
- + U.S. Sets Up Task Force to Back Philippines in South China Sea—The U.S. military is supporting Philippine operations in the South China Sea via a special task force, a U.S. embassy official said on Thursday, an in...
- + Australia Bans Dutch Cargo Ship for 180 Days Over Repeated Safety Violations—The Australian Maritime Safety Authority (AMSA) has issued a 180-day ban on the Netherlands-flagged general cargo ship Marsgracht, prohibiting its ent...
- + UK Cracks Down on Russian Oil Sanctions Evasion: New Advisory Targets Falsified Origin Certificates—The UK’s sanctions enforcement agency said it has identified cases where falsified documents are being used to evade a Group of Seven price cap on Rus...
- + Container Shipping Industry Sees Exponential Profit Surge Driven by Red Sea Situation—The container shipping industry has experienced a remarkable turnaround in the third quarter of 2024, with total net income soaring to $26.8 billion, ...
- + Cargo Surge Continues at Port of Los Angeles—The Port of Los Angeles handled an unprecedented 905,026 Twenty-Foot Equivalent Units (TEUs) in October—marking a significant 25% increase from the pr...
- + Seaspan Energy Secures First LNG Bunkering Accreditation at Port of Vancouver—Seaspan Energy has received the first-ever liquefied natural gas (LNG) bunkering accreditation from the Vancouver Fraser Port Authority (VFPA). This l...
- + Danish Navy Staying With Chinese Ship Suspected of Severing Baltic Sea Cables—The Danish military said on Wednesday that it was staying close to a Chinese ship currently sitting idle in Danish waters, days after two fiber-optic ...
- + ZIM Rewards Investors with Massive Dividend Payout—Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has reported stellar third-quarter results for 2024 amid record volumes and hi...
- + UK Defence Secretary Announces Major Naval Decommissions in Sweeping Defence Overhaul—UK Defence Secretary John Healey has announced the decommissioning of several naval vessels as part of a broader defence reform strategy. The decision...
- + Kremlin Says ‘Absurd’ to Suggest Russia Involved in Baltic Sea Cable Damage—Russia dismissed as "absurd" on Wednesday any suggestion that it had been involved in damage caused at the weekend to two fiber-optic data telecommuni...
- + Netherlands to Hire Private Security Firms for North Sea Infrastructure Amid Russian Threats—The Netherlands plans to temporarily enlist additional personnel and equipment from private companies to strengthen security in its part of the North ...
- + USCG Cutter Munro Seizes $335M Worth of Cocaine in Eastern Pacific—In a significant blow to drug traffickers, the crew of Coast Guard Cutter Munro (WMSL 755) has successfully intercepted and offloaded more than 29,000...
- + Chinese Vessel Suspected in Cable Incident Remains Stopped with Danish Navy Alongside—Chinese bulk carrier Yi Peng 3 remains stopped in the Danish Straits with a Navy patrol ship in close proximity. The vessel is suspected of being invo...
- + European Officials Denounce Russian Hybrid Attacks Amid Sabotage Probes—European governments accused Russia on Tuesday of escalating hybrid attacks on Ukraine's Western allies, as Baltic nations investigated whether the cu...
- + Massive Bomb Cyclone Explodes Off Pacific Northwest: Mariners Face Hurricane-Force Winds and 36-Foot Seas—A rapidly intensifying weather system, known as a “bomb cyclone,” has developed off the U.S. West Coast, creating perilous conditions for ...
- + Details of Baltic Sea Cable Incident Remain Murky as Danish Coast Guard Shadows Chinese Vessel—A day after the C-Lion1 and BCS subsea data cables in the Baltic Sea, connecting Finland and Germany as well as Sweden and Lithuania, were damaged, sp...
- + Keppel to Take Full Control of Legacy Rigs Amid Offshore Market Rebound—Singapore-based rig builder Keppel Ltd. is set to secure complete control over 13 legacy rigs currently held by Rigco Holding Pte. Ltd. (Asset Co), pa...
- + Iran Rejects European and British Sanctions on Its Shipping Lines as ‘Unjustified’—New EU and British sanctions are based on false claims of missile transfers to Russia and are "unjustified," Iran Foreign Ministry spokesperson Esmaei...
- + Green Shipping Corridors Face ‘Feasibility Wall’—The maritime industry’s ambitious push towards zero-emission shipping through green corridors is gaining momentum but faces critical challenges,...
- + UK Tightens Grip on Iran with New Sanctions Targeting Shipping and Aviation Sectors—The UK government on Monday announced a new round of sanctions targeting key Iranian entities in the shipping and aviation sectors, part of a broader ...
- + Germany Says Damage to Baltic Underwater Cables Should be Presumed Sabotage—The damaging of two undersea telecoms cables in the Baltic Sea should be presumed to be sabotage, Germany said on Tuesday, while Lithuania's armed for...
- + Trump Taps Fox Host and Former Congressman Sean Duffy for Transportation Secretary—President-Elect Donald Trump has nominated former Congressman Sean Duffy as the next Secretary of Transportation, a move likely to spark discussion wi...
- + Second Subsea Cable Cut in Baltic Sea, Germany and Finland Fear Sabotage—Two undersea fiber-optic communications cables in the Baltic Sea, including one linking Finland and Germany, were severed, raising suspicions of sabot...
- + One Year After Galaxy Leader Hijacking, Maritime Industry Continues to Face Unprecedented Crisis—One year after the hijacking of the M/V Galaxy Leader, the maritime industry continues to grapple with an unprecedented crisis in the Red Sea. The car...
- + Maersk Halifax Makes History as First Large Containership Converted to Methanol Fuel—The 2017-built Maersk Halifax has become the first large containership to be converted to methanol fuel, Maersk announced on Monday. The extensive ret...
- + LNG Tankers Divert to Europe From Asia After Russia Halts Supplies to Austria’s OMV—At least five cargoes of liquefied natural gas have diverted from Asia to Europe in the past few days, drawn by higher gas prices on the continent aft...
- + Project44: China Imports Surge as U.S. Shippers Navigate Tariffs—New data from supply chain technology provider project44 reveals a significant uptick in U.S. imports from China during this year’s ocean peak s...
- + Trump Picks Oil Industry CEO Chris Wright As Energy Secretary—WASHINGTON, Nov 16 (Reuters) – President-elect Donald Trump said on Saturday that oil and gas industry executive C...
- + India Studying $2 Billion Incentive Plan for Greener Boats—By Shruti Srivastava Oct 15, 2024 (Bloomberg) —India is finalizing plans to offer almost $2 billion in incentives to replace fossil-fuel po...
- + China’s $1.3 Billion Gamble on Peru Port Faces Snags From Andes to Amazon—China has made a $1.3 billion bet that a new port in Peru will boost access to South America’s agricultural bounty. Cashing in on the investment may b...
As of 12/21/24 7:04am. Last new 12/20/24 2:05pm. Score: 491
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