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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.
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.
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.
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.
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.
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 financing has been on the rise, with Petrofin Research’s latest annual report, showing strong growth in figures.
From gcaptain.com
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.
From gcaptain.com
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.
From splash247.com
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.
From splash247.com
As the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surprising upside.
From splash247.com
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”.
From splash247.com
The Syrian government and DP World have signed a memorandum of understanding worth $800m to develop Syria’s port of Tartous.
From splash247.com
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.
From gcaptain.com
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.
From splash247.com
Offshore support vessel owner Tidewater has bagged a charter deal for its platform supply vessel Troms Lyra in Norway.
From splash247.com
Nasdaq-listed Greek dry bulk giant Star Bulk Carriers has confirmed sales of five older supramax vessels.
From gcaptain.com
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.
In April, US crude oil supply to India nearly doubled year-over-year, surpassing the UAE to become India's fourth-largest supplier.
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.
From www.world-grain.com
Tariffs, weather play into prices amid increasing demand
From www.world-grain.com
Average estimated yield 53.3 bushels per acre
From www.world-grain.com
Conab: Projected 2024-25 total grain production at 332.9 million tonnes
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.
