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Major Cargo Fire Breaks Out on Bulker in Amsterdam
On Thursday, a large fire broke out in the hold of a bulker in Amsterdam's western port district, sending noxious smoke over a large area of the city and prompting an air-quality alert.
Indian Navy Accused of Forcing 40 Immigrants Into the Sea
The government of India is stepping up deportations of certain ethnic groups, including members of the Rohingya people from Myanmar - and it appears that in an effort to assist the campaign, the Indian Navy may have forced 40 Rohingya immigrants to jump into the sea, according to the UN's human rights office.
EU Blacklists Nearly 200 Russian Tankers In 17th Sanctions Package
The EU also plans to target companies in Vietnam, Serbia, and Turkey that have been accused of supplying materials to the Russian military.
Baltic Index Hits Over One-Week Peak On Higher Capesize Vessel Rates
Baltic Index Hits Over One-Week Peak On Higher Capesize Vessel Rates.
Lost Superyacht Was Vulnerable to Capsizing in Winds Over 60 Knots
A much-anticipated report on the sinking of the superyacht Bayesian suggests that the vessel's ultra-tall mast may have played a key role in its rapid knockdown and sinking off the coast of Sicily last year.
Oil falls more than 1% on expectations for US-Iran nuclear deal
An unexpected build in US crude oil inventories further heightened concerns about oversupply, contributing to the price drop. Despite OPEC+ increasing supply, OPEC trimmed its forecast for US oil supply growth.
Greek Ship Finance on the Rise
Greek ship financing has been on the rise, with Petrofin Research’s latest annual report, showing strong growth in figures.
Fight With Houthis Left a Dent in U.S. Navy's Weapons Inventory
The extended Red Sea campaign against Yemen's Houthi rebels exposed gaps in the U.S. Navy's supply chain for precision weapons, the service's top officer told a House committee on Wednesday.
Pole Star Confirms GPS Interference Caused MSC ANTONIA Grounding
Further analysis indicates that GPS jamming caused the containership MSC ANTONIA to run aground near the Eliza Shoals close to Jeddah Port on May 10, 2025.
Iran Nuclear Deal Would Give a Little Boost to Global Oil Supply
The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can bring back — but it could arrive in a market that’s gearing up for surplus.
HD Hyundai pitches port cranes to US Trade Representative
Jamieson Greer, the US Trade Representative, has been in South Korea this week where shipbuilding talks have taken place as well as pitches made to become an alternate supply of port cranes.
How to profit from FuelEU Maritime
As the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surprising upside.
HMM celebrates landmark electronic bill of lading transaction
The Digital Container Shipping Association (DCSA) has provided details of the world’s first successful standards-based, interoperable electronic bill of lading (eBL) transaction, something the organisation claims marks a “significant advancement toward secure, scalable, and truly paperless global trade”.
DP World invests in Syria
The Syrian government and DP World have signed a memorandum of understanding worth $800m to develop Syria’s port of Tartous.
Megamas taps German shipyard for cable layer construction
Singapore-based offshore service provider Megamas Resources has signed a letter of intent with German yard Lloyd Werft Bremerhaven to begin advanced discussions for the potential construction of a new multi-purpose cable laying vessel with an option for a second unit.
Estonia Confirms Russia Sent Jet After Attempt to Stop Sanction-breaking Ship
Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a "shadow fleet" defying Western sanctions on Moscow.
Tidewater scores PSV work with Spirit Energy
Offshore support vessel owner Tidewater has bagged a charter deal for its platform supply vessel Troms Lyra in Norway.
Star Bulk clears out five ageing supramaxes
Nasdaq-listed Greek dry bulk giant Star Bulk Carriers has confirmed sales of five older supramax vessels.
Trump: India Has Offered US a Trade Deal With No Tariffs
U.S. President Donald Trump said on Thursday that India had offered a trade deal that proposed "no tariffs" for American goods, while expressing his dissatisfaction with Apple's (AAPL.O) plans to invest in India.
US becomes India's 4th largest crude oil supplier in April
In April, US crude oil supply to India nearly doubled year-over-year, surpassing the UAE to become India's fourth-largest supplier.
India, EU launch joint research calls on marine litter and green hydrogen
The TTC was set up in 2022 by Prime Minister Narendra Modi and European Commission President Ursula von der Leyen to strengthen cooperation on trade and technology.
Record US, global corn output projected in 2025
Tariffs, weather play into prices amid increasing demand
Brazil’s grain harvest remains on record pace
Conab: Projected 2024-25 total grain production at 332.9 million tonnes
UK Must Realize Its Biggest Allocation Round This Year to Meet Energy Goals
Without action to address price inflation, capital cost, and UK supply chain competitiveness, the UK’s offshore energy industry trade association OEUK warns the UK will fail to meet the government’s Clean Power 2030 (CP30) targets.
