Posted to Maritime Reporter
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March 10, 2026
Data from ship trackers revealed that a supertanker?with 2 million barrels?of Iranian crude oil onboard?sailed?through?the?Strait of?Hormuz the previous day. This vessel is one of at least five others shipping oil to?Asia?since February 28.
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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 14, 2026
British International Investment, the UK's development investment agency, welcomed DP World’s new chief executive on?Friday and said it would resume investments with the Dubai-based port operator. BII earlier this week halted all new investments…
Posted to Maritime Reporter
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November 28, 2024
Eight bankers claim that Indian lenders including State Bank of India are reviewing their exposure with Adani Group, and whether they should tighten up their due diligence before offering new loans, following the U.S. accusation of Gautam Adani, chairman of Adani Group.
Posted to Maritime Reporter
on
February 24, 2026
The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interdiction of this kind in the region. Washington has stepped up its blockade of vessels going to or from Venezuela…
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on
November 15, 2024
Danish logistics and shipping firm DFDS announced on Friday that it has agreed to purchase the international transport network of Turkey's Ekol Logistics, overturning a two-week-old decision to cancel the deal. DFDS stated that the acquisition was finalized after renegotiating some terms.
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February 14, 2026
Dubai Media Office reported that DP World, the port giant in Dubai, announced Friday the 'appointment' of Essa?Kazim?as a?chairman?of its board?and Yuvraj narayan?as group chief executive?officer?. This was after mounting pressure had been placed…
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on
January 13, 2026
Iran has ?released ?the Greek-owned, Marshall-Islands-flagged tanker MT St. Nikolas it seized in the Gulf of Oman in January 2024, a ?company source told on Tuesday. Source: The vessel was released on 8th January and has been at Shinas Port in Oman since 12th January with 13 crew members on board.
Posted to Maritime Reporter
on
May 5, 2025
Israel said that it conducted airstrikes on Yemen's Hodeidah Port Monday, one day after Iran-aligned Houthis launched a missile near Israel's primary airport. In a press release, the military claimed that it had attacked targets it considered terrorists in Hodeidah.
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March 13, 2025
DP World, a Dubai owned ports and logistics firm, reported a 28% decline in annual profits on Thursday, citing increased finance costs. The company also highlighted an uncertain outlook because of "geopolitical risk" and a changing global trade landscape.
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on
February 23, 2025
Osama Rabi, the chairman of Egypt's Suez Canal Authority, said that since February 1, 47 ships had been diverted from Cape of Good Hope into Suez Canal. Rabie stated earlier this month that the Red Sea Crisis did not create an alternative route for the canal…
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January 28, 2025
Five engineers at the facility said that local protesters stopped the loading of crude oil onto tankers in the ports of Es Sidra and Ras Lanuf, Libya, on Tuesday. In a letter addressed to the state-run National Oil Corporation of the country last week…
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December 26, 2024
Abdel Fattah al-Sisi, Egyptian president, said that the Red Sea events and regional challenges will cost Egypt $7 billion in revenue from the Suez Canal by 2024. Sisi, in a statement without giving any details, said that Egypt lost 60% of its canal revenues between 2024 and 2023.
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July 24, 2024
The MPA announced on Wednesday that Hafnia Oil Tanker owner Hafnia is in discussions with Singapore's Maritime and Port Authority about transferring damaged naphtha cargo to a secure location. On July 19, the tankers Hafnia Nile, flying the Singapore flag…
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July 23, 2024
On Saturday, Defence Minister Yoav Galant stated that Israel had struck the Houthis after they injured an Israeli. Gallant stated in a press release that "the fire currently burning in Hodeidah is visible across the Middle East, and its significance…
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on
July 23, 2024
Authorities and a tanker operator reported that two large oil tanks caught fire after colliding on Friday near Singapore, which is the world's largest refuelling station. Two crew members were airlifted from the scene to the hospital, while others were rescued using life rafts.
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July 23, 2024
The Suez Canal’s annual revenue fell by almost a quarter during its most recent financial year, as some shippers chose alternative routes in order to avoid being attacked by Houthis who are aligned with Iran in the Red Sea. Osama Rahbie, head…
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on
July 1, 2024
Yemen's Houthis announced on Monday they had conducted four military actions targeting four ships, including four in the Red Sea, Arabian Sea, Mediterranean Sea, and Indian Ocean, "linked to United States, United Kingdom, and Israel". Yahya Saarea…
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July 23, 2024
Malaysia's Coast Guard said on Saturday one of two large oil tanks involved in an accident that resulted in fires on both vessels had left the scene of the accident. It was also believed that the tracking system of that tanker had been turned off.
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July 1, 2024
Four officials with knowledge of the situation say that the Turkey is now mediating between Somalia, Ethiopia and a port agreement Addis Ababa made with the Somaliland breakaway region earlier this year. Negotiations are the latest effort to repair diplomatic ties.
