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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.
New York’s iconic Brooklyn Bridge, which dates back to the 1880’s, escaped serious damage when the Mexican training ship Cuauhtémoc ploughed into it after leaving a dock in on the East River in lower Manhattan.
Following the Estonian Navy's attempt to intercept a Russia-bound tanker in the Baltic last week, the Russian Navy has intercepted and diverted a Greek tanker full of Estonian fuel oil in the Gulf of Finland, according to Estonia's transport administration.
The 8,450 teu container ship, Maersk Sana which was stranded in the Atlantic for three weeks is finally on the move.
Estonia said that Moscow had briefly sent a military 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.
\U.S. President Donald Trump’s threatened tariff on copper imports has generated a mass relocation of physical metal, swamping the U.S. market and draining the rest of the world.
Trade growth and shipping demand growth to slow this year on geopolitics and global recession threat, analyst says.
India has launched a set of reforms aimed at strengthening its fisheries sector.
Egypt has concluded a series of deals with AD Ports and DP World which, taken together, have put the operations and revenue generation from Egypt’s principal ports and maritime logistic services into Emirati hands for the foreseeable future - in return for capital investments and payments up front.
Estonia has approved a draft bill granting the first building permit for the construction of an offshore wind farm.
From splash247.com
Latest data from Clarksons Research shows that after three bumper years of orders, the appetite for newbuilds among owners is weak, down 57% year-on-year, which has also seen newbuild prices finally edge down. Clarksons is reporting newbuild prices are down 1.2% from the start of 2025, though they are still historically firm.
From splash247.com
The vintage state of the global tanker fleet is leading to severe inefficiencies, with new data showing how many rust buckets have to spend more time not moving or in ballast.
From splash247.com
Chinese state-owned shipping giant COSCO has made a fresh newbuilding move in the gas carrier segment.
From splash247.com
Antwerp-based owner and operator CMB.TECH has been tied to a newbuilding deal in China for up to five tankers.
From splash247.com
China’s Taizhou Hailian Shipping has emerged behind multipurpose newbuildings that are backed by charters with Norden’s project cargo division.
From splash247.com
Chinese bulker owner and operator Jinhui Shipping and Transportation has confirmed its second supramax sale this year.
From splash247.com
Saudi oil and gas driller ADES has signed a contract renewal for one of its offshore jackup rigs with compatriot Aramco.
From splash247.com
Norway’s DDW Offshore, a subsidiary of Akastor, has revealed that the sale of the anchor handling tug supply (AHTS) vessel Skandi Peregrino has fallen through.
From splash247.com
The Dutch government has decided to delay tenders for two offshore wind farms over deteriorating market conditions for offshore wind energy project.
The US port fee system includes a detailed structure that places the highest fees on Chinese companies using ships made in China.
India's coal import declined 1.7 per cent to 263.56 million tonnes in the 2024-25 financial year. The country's coal import was 268.24 million tonnes (MT) in 2023-24.
For this year's International Women in Maritime Day, the IMO released the results of a new global survey conducted together with WISTA International.
From www.world-grain.com
Strong volumes offset tighter margins for Australian agribusiness
From www.world-grain.com
Brings total storage capacity at Port of Immingham to 75,000 tonnes
From www.world-grain.com
Ideas the EPA may propose lower standards for biofuel policies sent futures limit down
