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From gcaptain.com
The container shipping industry recorded a net profit of $9.9 billion in the first quarter of 2025, marking a significant decrease from previous quarters while still maintaining historically stron
From splash247.com
Pierre Aury explains why sanctioning Russia is not delivering results. In January 2023, just after the European Union enacted its ninth sanctions package against Russia, we wrote: “This clearly confirms the fact that sanctions tend not to work to disrupt military operations.” After nine packages of sanctions, there was no sign of these sanctions having …
From splash247.com
Faroe Islands owner and operator Navigare Shipping & Logistics is bringing in new vessels through a deal for a quartet of minibulkers. The Hojgaard family-controlled company has struck a long-term charter agreement with Briese Schiffahrts and Futurum Shipping for the so-called Groot 5200 XL vessels. “This collaboration marks a major step in strengthening our commercial …
From splash247.com
Two workers have died from their injuries sustained in a fire on Chevron’s oil platform off Angola on May 20, bringing the total body count to three. The fire broke out in the basement of the Benguela Belize Lobito Tomboco (BBLT) oil platform, while the platform was undergoing scheduled maintenance. The cause of the fire …
From splash247.com
CMB.TECH and Golden Ocean have officially announced a definitive agreement to merge, creating one of the world’s largest listed diversified maritime shipping groups. The all-stock transaction, outlined in a merger agreement signed by both companies, follows the term sheet previously disclosed last month. Under the deal, Golden Ocean will merge with and into CMB.TECH Bermuda, …
CHENNAI : The India Meteorological Department (IMD) has advised to raise storm warning cage 3 at Pamban and Thoothukudi ports.
The Panama Canal is working to develop new products and services for different client segments while managing capacity constraints that […]
China’s largest private shipbuilder only inked contracts for six newbuildings so far this year as shipowners held back over due to uncertainty US Trade Representative (USTR) fees on Chinese-built vessels.
From www.world-grain.com
Will ship 1.5 million tonnes of soybeans from Brazil to China
From www.linkedin.com
Executive Summary Week of May 27, 2025 Global grains and oilseeds markets continue to balance robust production outlooks with fragile trade dynamics and shifting regional logistics. The USDA projects record U.
Mike O' Gorman - Spot Ship
Multiple containers that were lost from a sunken boxship last weekend have washed up on a rocky shore in Kollam, India, in the southwestern stat
Mystery surrounds a small Iranian cargo vessel that has been anchored off the Libyan port of Tobruk for the last three weeks.The 23,000 dwt Elyan
From www.bbc.co.uk
Thames Water must pay a £104.5m penalty for sewage breaches and £18.2m relating to shareholder dividends.
Two Russian ballistic missiles struck Ukraine’s southern port city of Odesa last week, costing three lives and injuring five.
Port congestion at major northern European container terminals is expected to persist into July, as global trade disruptions compound delays.
A UK consortium led by Morek Engineering has revealed what it believes is a game-changing design concept for a new offshore ship class, the Future…
Clydeport, managed by Peel Ports in Scotland, has invested £3 million into its facility to accommodate the increasing need for handling wind turbine parts destined for the green energy sector.
The multipurpose vessel sector is being tossed around in uncertainty due to continuous geopolitical risks, a lack of consensus on future fuel, and the constant need for specialised yet versatile vessels capable of responding to the changing and niche nature of the cargo that the MPP vessels transport.
NEW DELHI : The maritime sector is a cornerstone of India's economy, with an extensive 11,000-kilometer coastline, 12 major ports, and over 200 minor ports
GANDHINAGAR : Prime Minister Shri Narendra Modi on Tuesday shared that while India has become the world's fourth-largest economy, there are clamours about
India Oil Demand: Unlike China's manufacturing-led growth, India's service-based economy consumes less energy, making it unlikely to become the next major driver of global oil demand.
The trade war between the US and large parts of the world is creating uncertainty in global markets. However, despite […]
Cyprus Shipping News
Smaller liners such as CULines re-enter the Transpacific as volumes and rates are expected to surge while 145% China tariffs by the US are on hold. Nick Savvides,
From splash247.com
Maritime identity laundering and the rise of so-called zombie vessels have evolved from a niche tactic into a “systemic enabler of large-scale sanctions evasion” with global authorities unable to keep up, according to a new report from Kpler, a maritime analytics platform. “Zombie vessels represent the bleeding edge of maritime deception – combining digital obfuscation …
Punit Oza, Founder of Maritime NXT, explores the how emerging currencies are challenging US dollar hegemony and what this means for sanctions enforcement.
Typewriter Ascend, controlled by Stonepeak Partners, has agreed to acquire 100% equity of Global Sea Containers (GSCL), also known as Seaco, from Bohai Leasing for $1.75bllion.
