LDC to reopen Ports of Indiana ag terminal
Burns Harbor facility on Lake Michigan exports grain from US Midwest
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Burned-Out Car Carrier Sinks in Pacific Three Weeks After Fire Began
Zodiac Maritime, managers of the car carrier Morning Midas, reports that it received information from the salvage team that the fire-damaged vessel sank in international waters.
Strait of Hormuz fears remain as ceasefire wobbles
The Israel and Iran fragile truce is fraught with complications leaving the closure of the Strait of Hormuz a real fear for the supply chain.
Baltic Dry Bulk Index Snaps 5-Session Losing Streak On Panamax Strength
Baltic Dry Bulk Index Snaps 5-Session Losing Streak On Panamax Strength.
Panama Issues Strong Warning To Its Ships In High-Risk Conflict Zones
Ships anchored off Ras Isa have been advised to carefully evaluate all legal and safety risks before transferring oil or related cargo.
China ship exports up 6.7% in May
China exported 590 ships in May, a year-on-year increase of 6.7%, with the export value reaching RMB30 billion ($4.2 billion), grew18.9% year-on-year, according to data from China’s General Administration of Customs.
Louis Sola steps down as chair of FMC
Louis Sola will step down next week as chairman of the Federal Maritime Commission (FMC) after a seven-year stint at America’s shipping regulator.
Burnt out Morning Midas sinks in North Pacific
The Morning Midas sank on 23 June 16:35 hrs local time in the North Pacific according to a statement released managers Zodiac Maritime. The vessel sank in international waters according to a report from salvors Resolve Marine.
Hapag-Lloyd to rebrand SAAM Terminals
Chile-headquartered SAAM Terminals was acquired by Hapag-Lloyd in August 2023 and was put under management of its Rotterdam-based terminals division created in June that year.
Deadly fire engulfs tanker in Batam shipyard
A fire broke out aboard an oil tanker undergoing repairs at a shipyard in Batam on Monday, killing four workers and injuring five others.
MSC propels West Africa higher up the container ladder
Mediterranean Shipping Co (MSC), the world’s largest container line, has single-handedly catapulted West Africa into Alphaliner’s list of the 10 trading routes with the biggest ships.
Iberdrola picks Avangrid head as new CEO
Spanish electric utility company Iberdrola has named Pedro Azagra as the group’s new chief executive officer.
U.S. Navy Used Up Missiles at "Alarming Rate" to Defeat Iranian Strikes
The end of hostilities between Iran and Israel appears to be good news for U.S. Indo-Pacific Command.
Trump: China Can Continue to Purchase Oil From Iran
On Tuesday, after declaring a ceasefire agreement between Israel and Iran, U.S. President Donald Trump gave what many viewed as a green light for China to continue purchasing U.S.-sanctioned Iranian oil.
Daehan Shipbuilding pursues Seoul IPO
Daehan Shipbuilding, a mid-sized shipbuilder specialising in suezmax and aframax tankers, will list on South Korea’s KOSPI stock exchange later this year.
Egypt’s National Navigation back in China for more kamsarmax newbuilds
Egypt’s National Navigation Company (NNC) is continuing its fleet expansion with a fresh order for two additional kamsarmax bulk carriers.
Brazil issues first offshore wind license to 24.5MW pilot project
The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has granted the first preliminary license for an offshore wind energy project in Brazil.
Ferry Grounds Off Bali, Prompting Mass Evacuation
On Sunday, a ferry with more than 70 passengers aboard went aground just off its pier near Gilimanuk, Bali, prompting a mass evacuation.
Norway and France Agree to Cross-Border CO2 Transport and Storage
Norway and France completed an agreement paving the way for transporting CO2 from French industrial emission sources to Norway for storage beneath the North Sea.
Crewing Agencies Warn That India's Vessel Age Limit May Cut 20,000 Jobs
Indian maritime stakeholders are sounding the alarm about a national maritime policy that would force the retirement of aging ships, warning that it would cost thousands of jobs and would hand over more coastwise trade to foreign vessels.
Canada’s First Large-Scale LNG Facility Starts Production
LNG Canada confirmed that it produced its first LNG last weekend and remains on track to begin export shipments in the coming days or weeks.
Efforts to Remove Fuel from Sunken MSC Elsa 3 Delayed
India’s Directorate General of Shipping reports that efforts to remove the fuel from the wreck of the MSC Elsa 3 are being delayed due to peak monsoon conditions and a change in salvage teams.
All eyes are on the Strait of Hormuz and how potential disruptions could affect energy shipping | Greg Miller
VLCC and LR2 spot rates from the Middle East are up 150% in the past week. VLGC rates in the Middle East are also hitting new highs.
Oil Prices Drop to $70 as Iran’s Missile Strike Suggests De-Escalation Amid Tensions
Oil prices have fallen to $70 per barrel following Iran's missile strike against the US, signaling a potential de-escalation in Middle Eastern tensions while risks to global energy supplies persist.
