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Yemen's Houthi Rebels are Already Rearming

From maritime-executive.com

A video released by Yemen’s National Resistance Forces (NRF) on May 10 shows an at-sea interdiction of bomb-making material destined for Yemen's Houthi terrorist group. 

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U.S. Sanctions Network of Companies Moving and Selling Iranian Oil

From maritime-executive.com

Continuing its strategy to pressure Iran, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the latest round of sanctions.

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Baltic index hits three-week low on weaker capesize, panamax rates

From www.hellenicshippingnews.com

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a three-week low on Tuesday on lower rates for capesize and panamax vessels.

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Mike O' Gorman: Spot Ship Short Sea Grains & Bunkering Market Report – Week 19, 2025

From www.linkedin.com

Short-Sea Freight Report covering the Black Sea, East Med & North Africa for week 19, May 12th 2025.

Freight rates across key routes remain under pressure, bunkers are spiking (especially in Istanbul), and new sulphur rules are biting into margins.

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Suez Canal trying to lure back container ships

From www.seatrade-maritime.com

The Suez Canal Authority has announced a new rebate on tolls for large container ships as the Houthi step-down attacks in the Red Sea.

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TT Club warns of volatile hurricane season

From www.seatrade-maritime.com

The Through Transport Club has reminded ports, terminals, and warehouses to ensure that they have appropriate preparations and suitable insurance cover in place ahead of this year’s Atlantic hurricane season.

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Vitol and Grindrod Wind Down Bunker Supplier Cockett Group

From maritime-executive.com

Commodities firms Vitol and Grindrod have decided to wind down their bunkering joint venture, the longtime bunker supplier Cockett. 

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With 90-Day Tariff Window, Importers Rush to Get Chinese Goods

From maritime-executive.com

Following the newly-announced pause on the White House's 145 percent tariff on Chinese goods, many American importers are rushing to pay a lesser amount and get their goods into the United States now, avoiding the risk that the levy might go up again in future negotiations with Beijing. 

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First Large-Scale E-Methanol Facility Ready to Deliver to Maersk

From maritime-executive.com

The Kassø e-methanol facility in Aabenraa, Denmark, has been officially inaugurated and is ready to deliver e-methanol to key customers including Maersk.

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Trade truce won’t resurrect China’s imports of US energy

From www.hellenicshippingnews.com

The move by the United States and China to reduce import tariffs on each other and negotiate has been broadly welcomed by markets, but the de-escalation will do very little to restore the trade in energy commodities.

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Yang Ming Reports Q1 2025 Financial Results 

From www.hellenicshippingnews.com

Yang Ming Marine Transport Corporation (Yang Ming) held its 403rd Board Meeting on May 13 to approve its Q1 financial report of 2025. The consolidated revenues in Q1 totaled NT$ 45.51 billion (US$ 1.38 billion).

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Greek Ship Owners Newbuilding Orders Down by 65% This Year 

From www.hellenicshippingnews.com

Newbuilding contracting activity from Greek ship owners has declined sharply so far this year. 

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Erasmus box fleet hits double digits

From splash247.com

Busy Athens-based non-operating owner Erasmus Corp has taken its box fleet into double-digits with Alphaliner reporting another triple swoop this week.

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NYK to build car terminal in Barcelona

From splash247.com

Japan’s Nippon Yusen Kaisha (NYK) has been awarded a 27-year concession from the Port of Barcelona for a finished-vehicle logistics terminal. 

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Maersk welcomes new European source of e-methanol

From splash247.com

The world’s first commercial-scale e-methanol plant began operations in Denmark yesterday, with Maersk set to buy part of the production. 

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Vitol and Grindrod winding down bunkering firm Cockett

From splash247.com

Vitol and Grindrod have decided to close down their bunkering business, Cockett. 

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CMA CGM launches seafarer recruitment site

From splash247.com

Acknowledging the challenges in sourcing the right numbers of staff at sea, French liner giant CMA CGM has launched CMASHIPS.com, the company’s first global seafarer recruitment website. 

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AD Ports Group expands presence in Kazakhstan

From splash247.com

Abu Dhabi’s AD Ports Group is expanding its business in Central Asia, signing with KazMunayGas (KMG), the national oil company of Kazakhstan, to build four shallow-draft containerships designed for use on the Caspian Sea, each with a capacity of 780 teu, and contemplating investing with KMG in up to four aframax tankers. 

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New Fortress Energy charters FSRU for LNG terminal in the Dominican Republic

From splash247.com

US-based LNG player New Fortress Energy has executed a three-year charter agreement for the Energos Freeze FSRU with Energía 2000 in the Dominican Republic. 

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Viking Supply Ships adds to its AHTS fleet

From splash247.com

Christen Sveaas’ Viking Supply Ships has expanded its anchor-handling tug supply (AHTS) fleet with a new acquisition. 

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ADES bags multi-year extension for jackup in Qatar

From splash247.com

Saudi oil and gas driller ADES has signed a multi-year contract extension for one of its jackup rigs. 

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Greta Thunberg Occupies Maersk Tankers

From maritime-executive.com

On Tuesday, climate activist Greta Thunberg and protesters from Danish environmental group Den Gronne Ungdomsbevaegelse (The Green Youth Movement) briefly occupied the offices of Maersk Tankers, located in the Amager East precinct of Copenhagen. 

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Coal produces less than half of Poland’s power for first time

From notesfrompoland.com

Keep our news free from ads and paywalls by making a donation to support our work! Notes from Poland is run by a small editorial team and is published by an independent, non-profit foundation that is funded through donations from our readers. We cannot do what we do without your support.

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Iron ore hits more than 2-week high on Sino-US trade truce, caution caps gains

From energy.economictimes.indiatimes.com

Iron ore futures touched a more than two-week high on Tuesday, supported by a temporary trade agreement between the U.S. and China, although caution over a final deal and potentially slower near-term demand capped gains.

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USDA forecasts winter wheat production up 2% from 2024

From www.world-grain.com

Hard and soft red winter wheat forecasts above expectations
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