Belstra receives AFIA’s highest honor
Belstra Milling Co. board chairman given Distinguished Service Award
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Trump administration threatens sanctions over IMO climate vote
The Trump administration’s weaponisation of trade and shipping reached a new level on Friday, with Washington threatening to sanction nations that vote in favour of the International Maritime Organization’s (IMO) upcoming Net Zero Framework (NZF) — a global plan to cut shipping’s greenhouse gas emissions.
Calling USTR Port Fees Protectionist, China Launches Reciprocal Port Fees
Days before the U.S. is scheduled to start collecting port fees for Chinese-owned, operated, or built ships, China’s Ministry of Transportation announced its own program of “special port fees” for U.S. vessels.
Carbon costs hit shipping balance sheets as $50bn era looms
Carbon pricing in shipping is no longer an abstract regulatory concept — it’s a growing commercial cost that is reshaping balance sheets across the maritime value chain.
USTR vessel fee revisions days before 14 October start
The United States Trade Representative has revised port fees for vehicle carriers and LNG export cargoes in response to industry feedback.
China’s retaliatory port fees add fresh chaos to global shipping
Over the weekend, a number of ships bound for China turned around following Friday’s retaliatory measure from Beijing against American-linked tonnage.
Yemeni Forces Intercept Vessel Carrying Advanced Drone Equipment For Houthis
The Houthis have carried out more than 220 attacks on commercial vessels in the Red Sea and Gulf of Aden over the past two years.
U.S. Sanctions Iran’s Shadow Fleet Of Vessels Involved In Energy Trade Worth Hundreds Of Millions
The newly sanctioned vessels and operators are largely based in the United Arab Emirates, Hong Kong, and China.
US threatens raft of penalties against states supporting IMO NZF
Blocking vessels, visa restrictions and port fees among actions Trump Administration is considering against nations voting yes for the Net Zero Framework (NZF) at MEPC.
Maersk fails in Durban terminal legal challenge
A South African court has dismissed a case by AP Moller-Maersk to halt the award of a Durban Container terminal to ICTSI.
Pakistan National Shipping Corporation sets out to double fleet size
Pakistan National Shipping Corporation (PNSC) has approved the acquisition of three secondhand tankers for about $193m, as part of its drive to double the national fleet to 30 vessels by 2026.
Chartworld doubles down on boxship expansion
Greece’s Chartworld Shipping is expanding its containership newbuilding programme with an order for up to eight units in China. Shipbroking sources report that the Kollakis family–led owner has struck a deal with Yangzhou Guoyu Shipbuilding for four firm and four optional 3,100 teu vessels, with deliveries of the firm units scheduled for 2028.
ICTSI Scores Major Milestones in South Africa and Philippines
Last week, the Philippines-based port operator ICTSI celebrated two major milestones, cementing its status in the global terminal operations.
Lithuania's Second Offshore Wind Tender Fails Due to Lack of Interest
Amidst a general retrenchment in Western offshore wind development, Lithuania has announced the failure of its second offshore wind tender.
Royal Marines Shoot Out the Engine of Smuggling Boat in Gulf of Oman
The Royal Marines have adopted a U.S. Coast Guard tactic for the task of stopping smuggling boats in the Gulf of Oman.
Iranian Oil Exports to China Come Under Renewed Pressure
Iranian oil exports to China, which over the previous three months averaged 1.52m bpd, fell to 1.4m bpd in September.
Pentagon Gives U.S. Marine Corps the Job of Drug Boat Tracking
The Pentagon has ordered the creation of a new anti-smuggling Joint Task Force (JTF) within U.S. Southern Command.
Sea1 Offshore secures new PSV deal
Norwegian offshore vessel owner and operator Sea1 Offshore has been awarded a new contract for one of its platform supply vessels (PSVs).
Solstad secures fresh round of AHTS and CSV contracts worth $50m
Norwegian offshore vessel owner Solstad Maritime has landed a series of new contracts for its anchor handlers and subsea support tonnage, adding roughly 700 vessel days of firm work across several regions.
Purus joins LNG bunker rush with Shell-backed newbuild pair
Purus Marine has ordered two LNG bunker vessels in China, marking its entry into the rapidly expanding market.
Ofer-backed XT Shipping returns to yards with Chinese newbuild deal
Israel’s XT Shipping has returned to the newbuilding market with a pair of containerships in China.
Coal India Limited output impacted by extended monsoon, recovery expected with dry season
Coal India Output: Coal India Limited is facing a production slowdown due to extended monsoon, but hopes to bounce back as dry weather sets in.
COSCO’s $1.5B Shock: Can They Save the Transpacific Trade?
On October 14, 2025, the U.S. plans to impose hefty new port fees targeting China-built, owned, or operated vessels. COSCO — the world’s 4th-largest container carrier — faces a potential $1.5B annual hit.
