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December 8, 2025
On Monday, Russian President Vladimir Putin signed a decree clearing the way for 'potential deals' with Rosneft and Shell's joint venture stake in Caspian Pipeline Consortium which exports oil mostly from Kazakhstan. The decree stated that it "allowed" the transactions, which could?result?
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December 5, 2025
The local emergency centre reported on Friday that a Ukrainian drone attack was responsible for a fire in the Russian port of Temryuk at the Azov Sea. Temryuk is a company that deals with liquefied Petroleum Gas (LPG), oil and petrochemical products, grain and other bulk foods.
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December 4, 2025
Hapag-Lloyd's chief executive, who is the fifth-largest container company in the world, said that there was no set date for the return of shipping through the Suez Canal. In an online chat with customers, CEO Rolf Habben Jansen said that no date has been set for a return to normal operations.
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November 13, 2025
Hapag-Lloyd, a German container shipping firm, said on Thursday that it has noted calmer conditions around the Suez Canal following a ceasefire during the Gaza conflict. However it will not reopen sailings until the canal is safe. In a conference call with analysts…
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November 6, 2025
Shipping group A.P. Moller-Maersk reported a third-quarter operating result above expectations on Thursday and increased its lower end of the full-year profit outlook. Maersk reported that its underlying earnings, before interest, taxes, depreciation…
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November 5, 2025
The Turkish conglomerate Borusan Yatirim announced in a Wednesday stock exchange filing that France's CEVA Logistics had completed the acquisition of Turkish logistic provider Borusan Tedarik for $383m from Borusan Yatirim. CEVA of Marseille…
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October 14, 2025
The shares of budget airline easyJet rose as much as 11,5% on Tuesday. Traders cited an Italian media report about possible bid interest by global container shipping company MSC. In a statement, a Mediterranean Shipping Company spokesperson denied any involvement in the matter.
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October 10, 2025
China's Transport Ministry announced on Friday that vessels owned or operated or built in the United States, or those flying the U.S. Flag will be subject to additional port fees for each voyage as of October 14. The ministry stated that the fees were a countermeasure to upcoming U.S. Port fees.
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October 8, 2025
In a Wednesday statement, the Panama Canal reported that revenues in fiscal year 2025 rose by 14.4% to $5.7 billion based on unaudited preliminary figures. The Canal also reported that vessel traffic increased by 19.3% on an annual basis to 13,404 in the 12-month period ending September 30.
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October 8, 2025
The port authorities in Antwerp-Bruges, Belgium reported that the four-day strike by Flemish harbour captains against federal pension reforms has severely affected marine traffic. The port of Antwerp, which normally processes 60-80 ships per day…
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October 8, 2025
Abu Dhabi National Oil Company announced on Wednesday that six of its publicly listed subsidiaries would distribute 158 billion AED (43.02 billion dollars) in dividends before 2030. ADNOC Gas signed a contract worth 146,9 billion AED (40 billion dollars) for the Ruwais project.
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October 7, 2025
The company announced on Tuesday that Spain's Molgas had acquired the Dutch liquefied gas bunker supplier Titan after acquiring a 45% share in 2023. The demand for LNG bunkering has increased in recent years, with the introduction hundreds of ships which can run on this fuel.
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October 2, 2025
Alparslan Bayraktar, the Energy Minister of Turkey, said that talks are underway with Morocco to rent out a regasification vessel. Bayraktar told CNN Turk that Turkey has recently begun using its floating storage and regasification units (FSRU) for export…
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September 14, 2025
On Monday, the UK Government announced that the UK government and the industry plan to invest jointly over 1.1 billion pound ($1.5 billion) into the maritime sector. The government stated that the investment would unlock growth and create jobs in coastal communities throughout the UK.
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September 8, 2025
An executive from shipping company Maersk said that there is a very high risk that oil prices will fall due to a slight increase in demand, and an increased OPEC+ output. This was his message at the APPEC Conference in Singapore. Emma Mazhari…
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August 8, 2025
U.S. Coast Guard announced on Friday that the Mississippi River is now open to vessel traffic north from St. Louis. It had been closed because of a helicopter crash on Thursday which killed two people. According to the Coast Guard, the interior U.S.
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June 23, 2025
Insurance sources reported on Monday that war risk insurance rates for shipments into the Middle East Gulf region have increased to 0.5%, up from 0.2-0.3% one week earlier. This is due to U.S. strikes on Iran's nucleus facilities and the growing dangers to the Strait of Hormuz.
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June 23, 2025
Marine Traffic's ship tracking data revealed on Monday that three empty oil and chemicals tankers had diverted from the Strait of Hormuz, and changed their course. This was amid increasing uncertainty about whether Iran would retaliate in the crucial waterway following U.S.
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June 20, 2025
Maersk, a container shipping company, announced on Friday that it temporarily suspended vessel calls to Israel's Haifa Port due to regional tensions. The Danish company stated that it had not experienced any other disruptions in its planned operations in the area.
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June 17, 2025
Mitsui O.S.K., Japan's second-largest shipping company. Lines (MOL), Malaysia's Misc Bhd, and Petroliam Nasional Bhd(Petronas), have formed a joint-venture. It said Tuesday that it will operate Liquefied carbon dioxide (LCO2) carriers. MOL announced that the joint company Jules Nautica Sdn.