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June 4, 2025
U.S. Commerce secretary Howard Lutnick said at a Senate hearing, that NOAA has 'full staff' of weather forecasters and scientist after concerns raised about some offices not having 24-hour staffing before hurricane season. "We have a full staff…
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May 30, 2025
The captain of the container ship which collided with a U.S. oil tanker near Britain's East Coast pleaded guilty to manslaughter through gross negligence in London on Friday. Vladimir Motin was a Russian citizen, aged 59. He was the captain…
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May 22, 2025
Poland is investigating whether explosive devices have been planted after a Russian "shadow fleet's" ship was seen suspiciously moving near a cable connecting Poland and Sweden on Wednesday. According to Polish Prime Minister Donald Tusk, Poland will be looking into the matter.
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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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May 14, 2025
Hapag-Lloyd's CEO Rolf Habben Jansen said on Wednesday that the company is experiencing a higher demand this week for freight traffic between China and the United States, following the detente reached in the trade dispute between the two countries.
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May 12, 2025
Maersk, a Danish shipping company, said that on Monday the agreement between China & the United States on a 90-day suspension of tariffs & reciprocal duties is a positive step. At 0948 GMT, shares of Maersk were trading 12.9% higher. In an email…
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May 8, 2025
Shipping group A.P. Moller-Maersk reported a first-quarter operating income that was above expectations on Thursday and maintained its profit forecast for the full year. In a press release, CEO Vincent Clerc stated that "we delivered strong results in comparison to the same quarter of last year.
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May 2, 2025
The Peruvian Defense Ministry announced on Friday that two people were killed and another was missing after a Peruvian Navy vessel collided on the Amazon River with a Perenco oil platform. The B.A.P. was navigating the area during a transit operation.
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April 29, 2025
Gene Seroka said that the Los Angeles port expects a 35% decrease in cargo coming from Asia in the next week in an interview with CNBC on Tuesday. He said that major American retailers had stopped all shipments to China. This contributed to 45% of the traffic in Los Angeles.
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April 27, 2025
According to a Turkish filing, CEVA Corporate Services, a subsidiary of French shipping giant CMA CGM, has agreed to buy Borusan Tedarik Zinciri Cozumleri ve Teknoloji's logistics division for $440m. Borusan Yatirim stated in the filing on the…
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April 17, 2025
Maria Zakharova, spokeswoman for the Russian Foreign Ministry, said that Estonians' adoption of legal changes allowing their navy to use force on foreign vessels is a provocative act that puts shipping and security at risk in the Baltic Sea.
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April 8, 2025
U.S. trade representative Jamieson Greer informed lawmakers on Tuesday that the proposed multimillion dollar fees for Chinese-built vessels docking at U.S. port may not be implemented in full and they might not be cumulative. Greer said at a…
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April 4, 2025
Pentagon announced on Friday that U.S. Secretary of Defense Pete Hegseth would travel to Panama early next week, where he would participate in the annual Central American Security Conference. Pentagon spokesperson Sean Parnell stated that Hegseth will hold bilateral meetings during the conference.
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April 2, 2025
Maersk, the Danish shipping company, has seen a strong demand from the United States this year. It expects it to continue. However, President Donald Trump's proposed tariffs could cloud its outlook. Maersk published its regular global market forecast before Trump…
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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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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 26, 2025
Transpetro is the logistics division of Brazil's Petrobras. It reported on Wednesday a 74% rise in its net profit in 2024. This was despite the fact that the parent company's profit dropped due to non-recurring incidents in the period. Transpetro…
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February 25, 2025
Thyssenkrupp will hold an extraordinary general assembly to complete a spin-off in the warship division in this calendar year. This was revealed by Chief Executive Miguel Lopez in a podcast published on Tuesday. Lopez, speaking on a podcast by the German newspaper WAZ…
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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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February 18, 2025
Asyad Shipping, a shipping company in Oman, announced on Tuesday that it will have as anchor investors a subsidiary owned by Qatar Investment Authority (QIA) and a local investment group owned by the Omani Government. Asyad Shipping - which transports liquefied gas (LNG)…