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President Donald Trump has switched nominees for the post of Maritime Administrator, withdrawing the nomination of Capt. Brent Sadler (USN, ret'd) and substituting Capt. Stephen Carmel, a former Maersk Line Ltd. executive with decades of commercial maritime experience.
From splash247.com
Donald Trump has claimed that after more than 17 months, the Red Sea shipping crisis is coming to a close.
From splash247.com
Danish liner giant Maersk has lowered its global container market forecast for this year due to increased macroeconomic and geopolitical uncertainty.
The US and Yemen’s Houthis reached a ceasefire agreement to ensure safe passage in the Red Sea after a long period of conflict, Omani Foreign Minister Badr Albusaidi said Tuesday.
Wallenius Wilhelmsen has entered into a new three-year shipping contract with a major global construction and mining equipment manufacturer.
New York-listed product and chemical tanker owner achieves net cash position.
ICTSI has reported unaudited consolidated results for Q1 2025, with revenue from port operations rising 17 per cent YoY to $745.42 million.
On Tuesday, the same day that the White House announced a truce with Yemen's Houthi rebels, another F/A-18 fighter went over the side of the carrier USS Harry S. Truman in the Red Sea.
In an unusual move for the Trump administration, it is turning to the United Nations’ Security Council, calling for action to crack down on North Korea’s sanctions violations.
Baltic Index Falls As Capesize Segment Declines Baltic Index Falls As Capesize Segment Declines in Dry Bulk Market.
From www.linkedin.com
This edition of my Grains & Bunkering Short Sea Market Report offers a brief but concise analysis of market conditions across the Black Sea, Eastern Mediterranean, and North Africa, with added global context.
From www.bbc.co.uk
Harbour Energy, a critic of the windfall tax, claims a "punitive" fiscal regime is harming profits and investment.
From splash247.com
The Houthis from Yemen appear not to have got this week’s memo from the White House claiming that the Red Sea shipping crisis is drawing to a close.
Yemen's Houthi rebels have begun to clarify their version of the Red Sea truce agreement announced by the White House, and it appears that international shipping may still face risks on the waterway.
Last year's Gaza floating-pier mission was even more fraught than previously reported, according to a new investigation by the Pentagon's independent inspector general's office.
Shipping under the Indian flag is continuing to grow as international companies move ships to the registry.
From splash247.com
Shipyards and owners are increasingly willing to wait a long time for newbuilds.
From splash247.com
Amid ongoing workforce shortages, humanoids will start working at South Korea’s largest shipbuilder soon.
From splash247.com
Greek owner Pyxis Tankers has set out to potentially expand its fleet by up to two ships with the signing of a commitment letter for a bank loan of up to $45m.
From splash247.com
Low-profile shipowner Nissen Kaiun has returned to HD Hyundai Mipo Dockyard in Ulsan for a pair of LPR carriers.
From splash247.com
China’s Jiangsu Ocean Shipping (JOSCO) is expanding its containership fleet with four newbuilds contracted at compatriot yard Jiangsu Soho Chuangke Shipbuilding.
From splash247.com
Norwegian owner and sale and leaseback player Ocean Yield has increased its stake in France’s Geogas LNG.
From splash247.com
Norwegian car carrier player Wallenius Wilhelmsen has won a three-year shipping contract with an unnamed construction and mining equipment manufacturer.
From splash247.com
UK consulting and engineering firm Wood has secured a trio of reimbursable contract extensions worth $118m for operations and maintenance solutions with Shell, Dana Petroleum, and CNOOC International.
The Panama Maritime Authority (AMP) is modernising operations with the launch of the first phase of its Electronic Vessel Registry (REN) system.
