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NOAA is 'fully staff' with scientists and forecasters, US Commerce Secretary says

Posted to Maritime Reporter on 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…

In UK court, Russian captain who was involved in US tanker accident pleads guilty to manslaughter

Posted to Maritime Reporter on 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…

Poland checks for explosive devices near underwater power cables, PM says

Posted to Maritime Reporter on 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.

Ambrey Security says that the hijack call made by a ship near Iran was a false alarm

Posted to Maritime Reporter on 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".

Hapag-Lloyd CEO: Trade truce between U.S. and China gives Hapag-Lloyd a boost

Posted to Maritime Reporter on 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.

Shipping group Maersk: US-China agreement is a positive step; shares soar

Posted to Maritime Reporter on 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…

Maersk keeps 2025 outlook unchanged; Q1 profits beat forecast

Posted to Maritime Reporter on 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.

Two dead after Peru Navy vessel strikes Perenco oil platforms in Amazon

Posted to Maritime Reporter on 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.

CNBC interviews LA port official who says that shipping volume will drop by 35% next Monday.

Posted to Maritime Reporter on 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.

French CMA CGM acquires Turkish Borusan Logistics subsidiary for $440 million

Posted to Maritime Reporter on 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…

Russia claims new Estonian legislation is a threat to Baltic shipping security

Posted to Maritime Reporter on 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.

USTR Greer: Not all Chinese shipping fees will be implemented

Posted to Maritime Reporter on 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…

Hegseth, US Defense Secretary to Visit Panama Next Week

Posted to Maritime Reporter on 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.

Maersk Shipping expects US growth to continue but warns about rising uncertainty

Posted to Maritime Reporter on 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…

DP World's outlook is uncertain after a 28% drop in annual profits

Posted to Maritime Reporter on 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.

UK Coastguard responds after ship collision near northeast coast

Posted to Maritime Reporter on 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…

Petrobras' Logistics unit reports 74% increase in net profit

Posted to Maritime Reporter on 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…

Thyssenkrupp will hold a shareholder meeting before the spin-off of its warship division, CEO tells Podcast

Posted to Maritime Reporter on 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…

Chairman: 47 ships have rerouted through the Suez Canal in this month.

Posted to Maritime Reporter 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…

QIA subsidiary, Omani government investment firm to invest in Asyad Shipping IPO

Posted to Maritime Reporter on 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)…

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