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On Monday, a U.S. Coast Guard helicopter aircrew rescued nine crewmembers from a crab boat that grounded off the coast of St. George Island, a tiny outpost in the Bering Sea just southeast of St. Paul.
The Trump administration has withdrawn the United States from another 66 UN organizations and entities, the latest in its pullback from multilateral commitments.
From breakbulk.news
Estimated reading time: 2 minutes The global shipping market is entering 2026 with falling freight rates but rising uncertainty, as capacity growth outpaces demand and geopolitical risks remain unresolved.
From www.thehindu.com
Trump approves a 500% tariff on Russian oil and withdraws from the ISA ahead of U.S. Ambassador Gor's arrival in India.
During the fourth quarter in Asia, various law enforcement was a key driver behind noteworthy developments in the areas of drug smuggling and piracy, while geopolitical manoeuvres continued to raise concerns about regional stability.
From splash247.com
Svend Andersen, widely regarded as one of the most influential commercial figures in the modern heavylift and project cargo shipping sector, has passed away. Over several decades, he helped professionalise and consolidate a niche segment of shipping. Andersen was a recognised heavylift and multipurpose shipping veteran, having started in the industry as a trainee in …
A Chinese-owned and managed crude oil tanker is reporting that it was attacked by a suspected drone while sailing in the Black Sea.
Moscow has asked the U.S to ensure that the human rights of Russian crew members onboard the seized shadow fleet tanker are upheld.
Moscow criticised U.S action, labelling it as ‘piracy’ and a breach of the 1982 UN Convention on the Law of the Sea that guarantees freedom of navigation on the high seas.
From splash247.com
One of the best known names in ship finance is stepping aside.ING has confirmed that Stephen Fewster will leave the bank at the end of the second quarter of 2026 after more than four decades in banking and 23 years shaping ING’s maritime franchise.
From splash247.com
Singapore-based Greta Shipping has taken its first step into vessel ownership, snapping up the 3,534 teu Rio Kobe in a deal reported at around $30m, according to Alphaliner.
New data shows that 2025 was completed with a small decline in total U.S. imports, which fluctuated during the year and closed with strong declines from China.
Eight months after the loss of the MSC Elsa 3 off the coast of India, MSC Mediterranean Shipping Company has posted a bond with the Kerala High Court as the government continues to pursue its compensation claims.
From splash247.com
John Fredriksen’s tanker giant Frontline is rolling out a $2bn-plus VLCC fleet revamp, selling older tonnage while lining up a slate of latest-generation newbuildings.
From splash247.com
China’s COSCO is strengthening its foothold in northern Europe, tabling a bid to take an 80% stake in German stevedore and logistics operator Zippel in Hamburg.
From splash247.com
Freight markets have always been driven by fragmented information. Rates, vessel supply, cargo demand and congestion rarely exist in one structured dataset, while some of the most valuable commercial intelligence still lives in emails and informal conversations across platforms such as WhatsApp or Teams.
From splash247.com
Norwegian energy major Equinor has awarded framework agreements to seven supplier companies with a total value of nearly $10bn (NOK 100bn).
The U.S. Maritime Administration (MARAD) has picked a longtime member of the U.S. Merchant Marine Academy team to lead the college. Rear Adm. (sel) Tony Ceraolo, a Coast Guard veteran, has been promoted from chief of staff to the post of superintendent, formalizing an appointment he has held in an acting capacity since last year.
From www.world-grain.com
Nearly 70% of companies post share gains
From www.world-grain.com
Construction to start this spring
From www.world-grain.com
Quarterly results achieved despite struggles in Grains segment
From www.world-grain.com
Had been interim CEO since July for Wisconsin cooperative
From www.world-grain.com
Supports US wheat, technical assistance in Southeast Asia, Africa
From www.world-grain.com
Provides temperature, moisture and inventory level
Oil Prices: Major oil companies are vying for US government deals to export Venezuelan crude. Protests in Iran over economic hardship are also contributing to supply worries.
Venezuela Oil: Traders report increased interest in Canadian oil grades.
