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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)…
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February 5, 2025
Hapag-Lloyd, a container shipping liner, will be able cope with U.S. Tariffs on Chinese Products. This was the chief executive's message to reporters on Tuesday. Rolf Habben Jansen, CEO of Rolf Habben Jansen, said that it was too early to panic…
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February 2, 2025
A spokesperson for the State Department said that U.S. Secretary Marco Rubio informed Panamanian President Jose Raul Mulino during talks on Sunday that Donald Trump had determined that China's influence threatened the Panama Canal, and that urgent changes were required or the U.S. might act.
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January 31, 2025
Norwegian police announced on Friday that they arrested a Norwegian vessel with a Russian crew, on suspicion of causing damage to an optical cable in the Baltic Sea. Tromsoe police, in Tromsoe city, north of Norway said that the arrest was made at the request by Latvian authorities.
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January 28, 2025
The lining of a Russian nuclear-powered icebreaker was damaged while it freed a vessel trapped in Arctic waters. This was reported by the state news agency RIA on Tuesday. The vessel Fifty Years of Victory was said to be operating normally,…
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January 22, 2025
Sea coast, Houthiowned Al Masirah TV reported on Wednesday. Palestinian militant group Hamas. Council as saying. car provider's owner Galaxy Maritime. Houthi forces at sea on Nov. of war in Gaza. agreement. criminal activities and siege of the Gaza Strip, he said.
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January 1, 2025
Rio Tinto, a miner in Australia, said that a deckfitter aboard its bulk carrier traveling from China to Western Australia had been reported missing the previous week. The Philippine Coast Guard is leading a search-and-rescue operation. Rio Tinto…
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December 30, 2024
The Finnish Coast Guard said Monday that it would deploy one of its patrol boats and a towboat to help an oil tanker in the Gulf of Finland after its engine failed. It was trying to avoid environmental damage. The coast guard reported that the 183-metre-long (600-foot-long) M/T Jazz…
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December 25, 2024
The owner of the Russian cargo vessel Ursa Major, which sank into the Mediterranean Sea on Wednesday, said that the ship was a victim of an "act of terrorism". This statement came from the state news agency RIA. Two of the 16 crew members were reported missing after an explosion in the engine room.
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December 5, 2024
Three maritime security sources confirmed on Thursday that a rescue operation was underway for the crew aboard a cargo ship flying the Panamanian flag, which had been abandoned near the port of Hodeidah at the Red Sea. The number of crew members on board and the cause of the accident were not known.
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December 2, 2024
in the face of an altering climate. Tres Hermanas, with its farms, two schools, churches and a. medical center, is among lots of towns that would disappear. in the next six years if the state-owned Panama Canal's. ambitious $1.6 billion job goes ahead. Locals are.
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November 18, 2024
The United Kingdom Maritime Trade Operations said that a vessel located 60 nautical miles south of Yemen's Aden reported a missile splashing in the water within its proximity on Monday. UKMTO said that both the vessel and crew were in safety.
