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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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March 10, 2025
Ferretti, the Italian yacht manufacturer, plans to acquire a company or asset this year. The Chief Executive did not specify whether it would be a brand name, a yard, or something else. Alberto Galassi, CEO of the company, told journalists that there were three files.
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March 10, 2025
South Korea's acting President on Monday instructed authorities to communicate actively with the U.S. Administration to resolve any misunderstandings over tariffs. This comes after U.S. president Donald Trump singled out South Korea recently for applying high tariffs.
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March 7, 2025
The International Organisation for Migration reported that more than 180 migrants were missing and believed to be dead after the two boats in which they were traveling capsized on rough seas near Yemen, Thursday. IOM reported that the boats…
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March 7, 2025
Trade and shipping data revealed that Russia's seaborne vacuum gasoil and fuel oil exports fell 15% from the previous months to around 3.3 millions metric tons in February due to lower production and weather conditions, including storms, delays and drone attacks.
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March 7, 2025
These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. SpaceX's Starship rocket exploded in the space on Thursday, just minutes after it lifted off from Texas. The FAA halted air traffic in some parts of Florida.
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March 6, 2025
The decision by Egypt to transfer its wheat import program to an entity affiliated with the military around four months ago was anything but smooth, as local prices have risen and stocks are falling, traders said. Egypt, which is one of the largest wheat importers in the world…
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March 6, 2025
A Russian military court sentenced a man Thursday to 15-years in prison for spying on the Russian navy on behalf Ukraine. Dmitry Levin was found guilty by the office of Russia’s prosecutor general of high treason, and of being a member of a terrorist group.
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March 6, 2025
Ship tracking data revealed that U.S. crude oil exports to India reached their highest level in two years last month, as refiners sought alternatives to Russian tankers and producers after the U.S. tightened sanctions. Kpler's ship tracking data showed that the U.S.
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March 5, 2025
Donald Trump, the U.S. president, is currently drafting a draft executive order to resuscitate domestic shipbuilding while reducing China's dominance of the global ocean transportation industry which handles over 80% global trade. The draft fact sheet…
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March 5, 2025
The Royal Navy of Britain said Wednesday that it had monitored a Russian merchant ship and a warship this week as they traveled through the English Channel to the North Sea. The Royal Navy stated that HMS Somerset "watched each move" while Russia's…
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March 5, 2025
On Tuesday, U.S. president Donald Trump informed Congress that his administration would create a shipbuilding office in the White House as well as offer new tax incentives to the sector. In a late-night address on Tuesday, Trump announced that…
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March 4, 2025
The Chinese coastguard said on Wednesday that it had monitored a Philippine civil boat on Tuesday delivering daily supplies to the "illegally anchored" warship on the Second Thomas Shoal. China and the Philippines both claim the territory, and they often clash in the surrounding waters.
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March 4, 2025
People familiar with the decision say that the U.S. Navy has eliminated Lockheed Martin Corp. from the competition for its next-generation stealth fighter. This is a crucial part of the plans to face China at home. Lockheed Martin will be eliminated…
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March 3, 2025
The Egyptian Ministry of International Cooperation announced on Monday that Egypt and the European Commission had signed a soft funding agreement worth 90 million euros ($93.9 millions) to improve food security. The European Investment Bank's…
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March 3, 2025
South Korea's Navy said that the USS Carl Vinson aircraft carrier arrived in Busan, a southern port city in South Korea, on Sunday to make a display of force against North Korea. The first U.S. Aircraft Carrier to dock in a South Korean Port since the second term of U.S.
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February 28, 2025
Seoul's Industry Ministry said that the South Korean industry minister asked for a tariff exemption during talks with U.S. officials, while Washington is moving forward with plans to implement new tariffs. Ahn Duk Geun met with U.S. Trade Representative Jamieson Greer, U.S.
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February 27, 2025
Norwegian Cruise Line Holdings reported a profit that was below Wall Street expectations on Thursday. This means the cruise operator must increase its efforts to cut costs in order to meet high demand for leisure travel. Oceania Cruises shares…
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February 27, 2025
European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Thursday. Two consignments of corn were purchased for South Korea, both in May and in June.
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February 27, 2025
European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), bought approximately 133,000 metric tonnes of animal feed corn at an international auction on Thursday. Two consignments of corn were purchased for South Korea, both in May and in June.
