News

Houthi Captives Emerge: Propaganda Video Shows Survivors of Sunken Greek Bulker A Houthi propaganda video has surfaced, purportedly showing ten surviving crew members from the Greek-owned bulk carrier “Eternity C”, …

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 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 trade route.

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 are ongoing.

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 hub.

Eastern Shipbuilding wins contract to build hybrid-electric ferries for WSF, marking a new era for sustainable transportation.

The cargo ship Morning Midas, carrying 3,000 vehicles including electric and hybrid cas, sank in North Pacific after a fire incident.

Concerns about a potential Iranian blockade of the Strait of Hormuz, a crucial passage for global oil and gas transportation, are causing an increase in oil prices and insurance rates. …

Shipping threats in the Arabian Peninsula are increasing, according to the Baltic and International Maritime Council (BIMCO), the largest organization of shipowners in the world. This heightened risk is mainly …

The Bayesian superyacht, which tragically sank off the coast of Sicily last August, resulting in the loss of seven lives, including tech magnate Mike Lynch and his daughter, has been …

In a landmark decision, Australia has imposed sanctions on 60 vessels linked to Russia’s so-called “shadow fleet”—a covert network of oil tankers used to bypass international sanctions and sustain the Kremlin’s war economy. …

The maritime industry is once again navigating turbulent waters as geopolitical tensions in the Middle East escalate. With the Strait of Hormuz and the Red Sea—two of the world’s most critical maritime chokepoints—under …

The maritime and shipping industry, the backbone of global trade, is navigating through turbulent waters in 2025. With geopolitical tensions, climate change, and digital threats reshaping the landscape, industry leaders …

Salvage teams are making progress removing containers and fuel from the grounded MSC Baltic III off Newfoundland, mitigating environmental risks.

Israel launches retaliatory airstrikes on Yemen after Houthi missile attacks target Israeli airports and cities, escalating regional tensions and impacting civilians.

The CEO of Penn America Energy Holdings, Franc James, recently met with White House officials to discuss the company’s long-standing proposal to construct a liquefied natural gas (LNG) terminal near …

In a significant move signaling Russia’s ambition to reclaim its status as a top maritime power, President Vladimir Putin has approved a comprehensive new naval strategy. This long-term plan, extending …

The United States is reportedly considering establishing a new USVI ship registry in the U.S. Virgin Islands (USVI). This initiative, backed by Governor Albert Bryan Jr., aims to bolster the …

Table of Contents Toggle Petrobras Charts Ambitious Course: $5.1 Billion Investment to Expand Fleet by 52 VesselsKey TakeawaysA Strategic Investment for GrowthBoosting Local IndustryLooking AheadSources Petrobras Charts Ambitious Course: $5.1 …

In a developing maritime emergency in the mid-Pacific, the cargo ship Morning Midas was abandoned after a fire broke out on June 3, approximately 300 miles southwest of Adak, Alaska. …

The global shipping industry faces significant challenges in achieving net-zero emissions, despite the emergence of innovative solutions. While new technologies and alternative fuels are being explored, their high costs and …

CMA CGM, a prominent French container shipping line, has initiated a phased return to the Suez Canal for its India-US routes. This decision comes amidst a perceived stabilization of the …

The global shipping industry is a crucial element of international trade, enabling the transportation of goods across continents and contributing to economic growth. Among the numerous shipping companies, five major …

Table of Contents Toggle Clarksons Research Navigates New US Trade Policies and Market Trends at Nor-Shipping 2025Key TakeawaysUS Trade Policies Create UncertaintyClarksons Research Presents Market InsightsGreen Transition and Fleet ModernizationGlobal …

Turkey’s energy landscape is set for a significant boost with the arrival of the nation’s first Floating Production, Storage, and Offloading (FPSO) vessel, the Osman Gazi, in the Black Sea. …

In a bold move to reassert American maritime dominance, President Donald Trump has unveiled a sweeping initiative to build 250 ships domestically. The plan, part of a broader Maritime Action …

The maritime industry has achieved an unprecedented level of safety, reaching its highest historically recorded standards, according to the latest report by Allianz. Despite the complex geopolitical environment, piracy threats, …

The U.S. shipbuilding industry stands at a pivotal crossroads. Once a global leader, it faces mounting challenges—from labor shortages and aging infrastructure to rising geopolitical demands. As the world’s maritime …