Daily News

Sri Lanka’s Supreme Court orders $1 billion compensation for the X-Press Pearl disaster, citing environmental and human rights violations.

Canadian firm Central European Petroleum discovers Poland’s largest offshore oil and gas field in the Baltic Sea, potentially doubling national reserves and boosting energy security.

The EU has sanctioned Intershipping Services LLC, operator of the Comoros and Gabon flag registries, for facilitating the ‘shadow fleet’ of aging, uninsured vessels transporting sanctioned oil, highlighting global efforts …

ATHENS, July 9, 2025 — The global shipping industry is navigating through one of its most challenging periods in recent years, as armed conflicts, geopolitical instability, and economic uncertainty converge to …

The cargo ship Eternity C sank in the Red Sea after a deadly Houthi attack, leaving 15 missing and 4 dead. The incident revives maritime threats in a key global …

Houthi rebels launched a major attack on the Greek-owned vessel MV Eternity C in the Red Sea. Armed security guards engaged in a firefight to prevent boarding. Get the latest …

A Greek-owned bulk carrier was attacked in the Red Sea with gunfire and sea drones, causing a fire and forcing the crew to abandon ship. Maritime sources suspect Houthi involvement.

The global maritime industry is navigating a wave of rising ship sale prices in 2025, with bulk carriers, tankers, and container ships all experiencing notable increases. This article breaks down …

On July 2, 2025, the passenger ferry KMP Tunu Pratama Jaya sank near Bali, Indonesia, with 65 people onboard. 31 have been rescued, 30 remain missing. Search and rescue operations …

HMM announces a €150 million expansion of its Algeciras Container Terminal in Spain, aiming to boost capacity to 2.8 million TEU and solidify its role as a key Mediterranean transshipment …