Turkey News

Acta Pegasus was delivered to Acta Marine, its fourth Walk-to-Work (W2W) vessel, a DP2 Construction Service Operation Vessel (CSOV).Acta Pegasus is one of four newbuild vessels currently under construction for Acta Marine at Tersan Shipyard in Turkey. The vessel can accommodate up to 135 persons and is equipped with advanced offshore access and lifting systems, including a 3D motion-compensated SMST gangway and a 3D-compensated crane. In line with Acta Marine’s sustainability ambitions…

Discounts on Russian oil at export terminals have once again approached historic highs, putting pressure on exporters' trade profits amid weak global oil prices, Reuters calculations show.Western sanctions over Russia's military action in Ukraine have forced its oil companies to sell crude at steep discounts, reaching $20 to $30 per barrel below Brent in December - the widest gap at Russian ports since early 2022, Reuters data indicates.The deeper discounts have eroded margins, pushing some suppliers into losses.

Greece, Israel and Cyprus will step up joint air and naval exercises in the eastern Mediterranean in 2026, deepening their defence cooperation, Greek military officials and a senior source said on Monday.The three eastern Mediterranean nations have drawn closer over the past decade through joint military drills, defence procurement and energy cooperation, developments closely watched by regional rival Turkey.Greece’s armed forces general staff (GEETHA) said senior military officials from the three countries signed a joint action plan for defence cooperation last week in Cyprus.

The world’s largest wind-powered, industrial-scale, roll on/roll off vessel Neoliner Origin has returned for its second visit to the only U.S. port it is calling, the Helen Delich Bentley Port of Baltimore.The ship, which uses sails as main propulsion, is operating a monthly service between Saint Nazaire (France) and Baltimore, with stops along the way to Saint-Pierre et Miquelon and Halifax.“It’s a great honor to be the first and only U.S. port for Neoliner Origin,” said Maryland Port Administration Executive Director Jonathan Daniels.

Delays for oil tankers passing through the Turkish Straits have climbed to about 12 days for a round trip to the Black Sea, up from about seven days last week, as winter storms, heightened security risks and shorter daylight hours snarl traffic, traders said and Riverlake data in LSEG showed.The congestion, which last exceeded 12 days in February, is being compounded by intensified security checks following recent attacks on tankers carrying Russian oil and strikes on port infrastructure in Novorossiysk…

“Between January and November 2025, cement shipments, including clinker, have jumped 13% y/y, driven by a 39% y/y increase in shipments to Africa’s Atlantic coast. The region is experiencing high economic growth, fast urbanisation and rapid development in infrastructure, supporting construction activity and boosting the demand for cement,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Cement and clinker import dependency is high across most countries in the region as most countries have insufficient domestic production capacity.

December has brought with it a declining Baltic Exchange, reports cash buyer GMS. This saw the Dry Index fall by about 3%, this week, dragged down by mounting pressure across all segments that saw capes slipping 4.4%, panamax dropping 1.4%, and the smaller segments shedding five basis points, all while oil barely moved the needle as it closed another week at region USD 59.70/barrel (expected to breach USD 60/barrel in the coming week) and inflation reported minor improvements…

War insurance costs for ships sailing to the Black Sea have spiked again, with insurers reviewing policies daily as the conflict in Ukraine spills into sea lanes, five shipping and insurance sources said on Thursday.The Black Sea is crucial for the shipment of grain, oil and oil products. Its waters are shared by Bulgaria, Georgia, Romania and Turkey, as well as Russia and Ukraine.Turkey's Foreign Minister Hakan Fidan said on Wednesday that attacks on Russia-linked tankers in…

The Romanian military blew up a maritime drone that was endangering navigation in the Black Sea, the Ministry of National Defence said on Wednesday, amid rising concerns about risks to shipping in the area linked to the war in Ukraine.The ministry said that the drone, which was found in an area 36 nautical miles (66 km) east of Constanta, was a Sea Baby. The Sea Baby is a maritime drone developed by Ukraine.A Romanian Defence Ministry spokesperson declined to specify the country that the drone came from, but confirmed it was a Sea Baby.

A Russian-flagged tanker loaded with sunflower oil reported a drone attack off the Turkish coast on Tuesday, but its 13 crew members were unharmed, Turkey's maritime authority and the Tribeca shipping agency said.Ukrainian naval drones last week hit two tankers sanctioned by Kyiv and some of its Western allies in the Black Sea as they headed to a Russian port to load oil destined for foreign markets, as the country attempts to pile pressure on Russia's oil sector.Ukraine's foreign ministry spokesperson Heorhii Tykhyi said Ukraine was not involved in Tuesday's attack…

Global market chaos continues post-Thanksgiving, reports cash buyer GMS. “Steel plate prices were the highlight of the entire sub-continent—and even China—where they unanimously retreated in unison this week, while the U.S. Dollar also decided to join in on the fun as it too retreated at all sub-continent locations (except—no surprise—Turkey).“Making matters worse are the rising freight markets that continue to surprise the industry, as the Baltic Exchange’s Dry Index climbed another 3.2% through the course of the week…

Turkey sharply reduced its imports of Russia's flagship Urals crude oil in November, shipping data from energy consultancy Kpler showed, as Western sanctions on Russian energy suppliers tightened and Turkish refineries shifted to alternative grades.Shipments of Urals to Turkey fell by 100,000 barrels per day from October levels, with total imports dropping to around 200,000 bpd last month, data from Kpler and LSEG showed.Turkey has become one of the largest buyers of Russian crude since 2022 when European buyers stopped purchases…

A Turkish-owned oil tanker that was damaged near Senegal's coast last week was hit by four external explosions but there were no injuries or pollution, its manager said on Monday.The vessel, Mersin, was at anchor near Dakar when the four explosions occurred at 2345 GMT on November 27, resulting in seawater entering the engine room, Istanbul-based Besiktas Shipping said in a written statement.The cause of the explosions was not clear."The situation was immediately brought under control, and we confirm that all crew members are safe; there are no injuries, no loss of life, and no pollution," the

Turkish President Tayyip Erdogan said on Monday that attacks on commercial ships in the Black Sea were unacceptable, issuing a warning to "all related sides" after an unmanned vessel reportedly struck a tanker off Turkey's northern coast.“The war between Russia and Ukraine has clearly begun to threaten navigational safety in the Black Sea. The targeting of vessels in our Exclusive Economic Zone on Friday signals a worrying escalation," Erdogan told reporters."We cannot justify these attacks in any way.

The UK Marine Accident Investigation Branch (MAIB) has published its preliminary assessment of a cargo fire on the bulk carrier Atlay on June 27, 2025.The Marshall Islands registered vessel was loading scrap metal into its aft cargo hold at Albert Dock, Hull, England.At 0948, the master observed smoke rising from the cargo and immediately activated the general alarm and called for the shore grab operator to discharge cargo to remove or expose the source of the fire. Meanwhile…

Ukrainian naval drones hit two sanctioned tankers in the Black Sea as they headed to a Russian port to load up with oil destined for foreign markets, an official said on Saturday, as Kyiv tries to pile pressure on Russia's vast oil industry.The two oil tankers, identified as the Kairos and Virat, were empty and sailing to Novorossiysk, a major Russian Black Sea oil terminal, the official at the Security Service of Ukraine told Reuters.Naval drones could be seen speeding towards hulking tankers followed by powerful explosions that caused fires on the vessels…

Senegalese authorities are racing to prevent a potential oil spill after water entered the engine room of the Panamanian-flagged oil tanker Mersin near Dakar's coast, the port authority said on Sunday.The vessel is owned by Turkey's Mersin Shipping Inc and managed by Besiktas Shipping, according to data from the London Stock Exchange Group.The incident, which led to the vessel issuing a distress signal, occurred overnight from November 27 to 28, prompting the deployment of tugboats and specialized teams from Senegal's navy and maritime authority…

TotalEnergies Marketing Middle East, a fully owned subsidiary of TotalEnergies based in Dubai, has time chartered a first-of-its-type 750 cubic meter hybrid lubricants bunkering barge from Tristar Group to supplement its Lubmarine division’s ship-to-ship operations in the port of Fujairah, UAE as of October 1st. The Tristar Eco Voyager, featuring a hybrid engine design that combines electric and biofuel power, coupled with an advanced powertrain, is designed to significantly reduce carbon emissions compared to traditional diesel propulsion barges.

The recent rejection of around 2,900 dairy cattle on the Spiridon II raises animal welfare and pollution concerns when, after a long sea voyage, the laden vessel has again had to return to sea.The 52-year-old livestock carrier has left Turkey after its cargo was rejected by local authorities. Court transcripts translated by Animal Welfare Foundation indicate that 58 cows died in transit to Turkey, 140 cows had miscarriages in transit, 50 newborn calves were present on board, but another 90 are unaccounted for.Having departed from Montevideo…

Russia's Lukoil is selling its international assets after the U.S. imposed sanctions on the company.Washington refused to approve the sale of assets to Swiss commodity trader Gunvor, throwing Lukoil's operations in disarray and leading to a scramble of potential buyers.The U.S. Treasury cleared potential buyers to talk to Lukoil until December 13. They will need separate approval for specific deals. U.S. oil major Chevron is studying options to buy some global assets of Lukoil, sources have said. U.S.

Dutch towage and salvage company Multraship has welcomed its latest high-performance tug, MULTRATUG 30, built by Sanmar Shipyards.The 80-ton bollard pull vessel will operate with Bourgas Tug Service, Multraship’s Bulgarian subsidiary, boosting the company’s capacity for harbor and offshore towage in the region, while also strengthening its capabilities in salvage and emergency response.The new tug was christened on Friday, November 14, at the Passenger Terminal in Bourgas by Miglena Pendjuroff…

The 52-year-old livestock carrier Spiridon II rejected by Turkey has now left the area after its cargo of over 2,800 cows was rejected by local authorities.Court transcripts translated by Animal Welfare Foundation indicate that 58 cows died in transit to Turkey, 140 cows had miscarriages in transit, 50 newborn calves were present on board, but another 90 are unaccounted for.Having departed from Montevideo (Uruguay) bound for Turkey on September 19 with 2,901 heifers, the court’s…

The 52-year-old livestock carrier Spiridon II remains in quarantine off Turkey with around 20 crew and 2,853 cows onboard.Having departed from Montevideo (Uruguay) bound for Turkey on September 19 with 2,901 heifers, some of which may be pregnant, the Spiridon II is, over 50 days later, still unable to deliver the animals to shore.Veterinary authorities are refusing to allow them to disembark due to a controversy over ear tags that guarantee, among other things, the exact origin…