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March 4, 2026
Shipping sources reported that the crew of the Maltese container ship Safeen Prestige abandoned ship after it was damaged by a projectile as it sailed towards?the top of the Strait of Hormuz? on Wednesday. Vanguard, a British maritime risk management company…
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February 24, 2026
Sources and data indicate that trading houses and buyers of Venezuelan oil chartered the very large crude carriers to export from the South American nation since the Caracas-Washington deal was signed. This is expected to increase shipments to India and speed up the process starting in March.
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February 14, 2026
It said that the European Bank for Reconstruction and Development will sell a Danube River Port in Moldova called Giurgiulesti to a neighboring Romania, as the Black Sea State seeks to increase its logistics role 'in central and southeast europe.
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February 4, 2026
Hong Kong's CK Hutchison announced on Wednesday that its Panama Ports Company has begun international arbitration proceedings against Panama, after the country’s top court annulled their licences to run two Panama?Canal port. This case could take many years to resolve.
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February 2, 2026
Shipping data shows that Venezuelan oil exports jumped to a record?800,000. barrels per day in January under the control of the United States, from 498,000 barrels per days in December. This was after the capture by the U.S. of President Nicolas Maduro…
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January 31, 2026
The Arctic is not a frozen peripheral, particularly after the spat between the U.S. and Europe over Greenland. The High North is becoming a strategic hub for minerals, energy and shipping as the sea ice begins to melt. The Arctic is heating up four times faster than other parts of the world…
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January 29, 2026
The Arctic is not a frozen peripheral, particularly after the spat between the U.S. and Europe over Greenland. The High North is becoming a strategic hub for minerals, energy and shipping as the sea ice begins to melt. The Arctic is heating up four times faster than other parts of the world…
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on
October 23, 2025
European traders reported on Thursday that Algeria's state grain agency OAIC purchased approximately 600,000 metric tonnes of milling wheat at an international auction which ended on Wednesday. The trader estimates for the purchase of Wednesday evening ranged between 500,000 and 600,000 tonnes.
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October 14, 2025
State-run news agency Xinhua reports that a Chinese container ship completed a pioneering voyage through the Arctic and into a UK port. This journey cut in half the transit time of the electric vehicles aboard the ship, as well as the solar panels, which were destined for Europe.
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May 21, 2025
Ambrey, a British maritime security company, said that a hijack signal sent by a Panamanian flagged petroleum products tanker near Iran was a false alert. Ambrey reported the incident on Tuesday, south of the busy Strait of Hormuz shipping lanes without naming "UAE-linked vessel".
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March 10, 2025
The Maritime and Coastguard Agency announced on Monday that Britain's Coastguard was responding to reports about a collision involving a cargo vessel and a tanker off England's Northeastern Coast. The agency reported that a helicopter, fixed-wing aircraft and lifeboats…
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February 5, 2025
Hapag-Lloyd, a container shipping liner, will be able cope with U.S. Tariffs on Chinese Products. This was the chief executive's message to reporters on Tuesday. Rolf Habben Jansen, CEO of Rolf Habben Jansen, said that it was too early to panic…
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January 22, 2025
Tanger Med Port in Morocco said Wednesday that it retained its position as the Mediterranean’s leading port, handling 10,24 million containers. This is an increase of 18.8% compared to a year ago. In June, the port reported that it expected…
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January 10, 2025
Emergency services reported on Friday that a tugboat had stopped a Panama flagged tanker, carrying 99,000 metric tonnes of oil, from drifting uncontrollably off the coast of Germany's Baltic Sea near Ruegen. It said that the 274-metre tanker…
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December 30, 2024
The Finnish Coast Guard said Monday that it would deploy one of its patrol boats and a towboat to help an oil tanker in the Gulf of Finland after its engine failed. It was trying to avoid environmental damage. The coast guard reported that the 183-metre-long (600-foot-long) M/T Jazz…
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December 25, 2024
The owner of the Russian cargo vessel Ursa Major, which sank into the Mediterranean Sea on Wednesday, said that the ship was a victim of an "act of terrorism". This statement came from the state news agency RIA. Two of the 16 crew members were reported missing after an explosion in the engine room.
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November 14, 2024
Hapag-Lloyd's CEO said that Donald Trump's election as U.S. president sends mixed signals to global shipping. Positive macroeconomic effects could be offset by damaging tariffs. When asked about the prospects of a Trump Administration, CEO Rolf Habben Jansen said…
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October 12, 2024
The city of Rostock said that maritime rescue services and firefighter in Germany's Baltic Sea extinguished an oil tanker fire and brought it safely into its port. The ship is safely moored...there's no fire. "The tanker was dragged in Rostock's overseas port early this morning…
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August 14, 2024
According to the German container liner Hapag Lloyd, who spoke with analysts on Wednesday, the global order book for ships, which represents 18% of the fleet of the world, will increase but at a reasonable rate. "I expect that the 18% which is not a concern…
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July 23, 2024
Hans Grundberg, the U.N.'s Special Envoy for Yemen, told the U.N. Security Council that recent developments in the Red Sea suggest the threat of international shipping by Yemen's Houthis has grown. Grundberg, in a briefing about the situation…
