Friday, July 11, 2025
Vancouver Port Authority Begins Bidding Process for $3 Billion Container Terminal to Boost Trade Capacity
Ports

Vancouver Port Authority Begins Bidding Process for $3 Billion Container Terminal to Boost Trade Capacity

The Vancouver Fraser Port Authority has initiated the procurement process for the Roberts Bank Terminal 2 Project, marking a significant milestone for

July 11, 2025
Total Views: 2402

Greater Changhua 2 offshore wind project
Offshore

Ørsted Secures $3 Billion Financing for Taiwan Offshore Wind Project

Danish energy company Ørsted has successfully secured financial close on a TWD 90 billion (approximately USD 3 billion) project finance package for its 632 MW

July 11, 2025
Total Views: 1178

A Russian state flag flies on the top of a diesel plant in the Irkutsk Oil Company-owned Yarakta Oil Field in Irkutsk Region. Picture REUTERS/Vasily Fedosenko
News

European Commission to Propose Floating Russian Oil Price Cap

The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome

July 11, 2025
Total Views: 511

Crowley's Avance-class LNG-powered containership Tiscapa
Shipping

Crowley Launches LNG-Powered ‘Tiscapa’ to Strengthen U.S.-Caribbean Trade Routes

Crowley has expanded its fleet with the launch of the LNG-powered containership Tiscapa, marking a significant advancement in the company’s service

July 11, 2025
Total Views: 1492

Thursday, July 10, 2025
EUNAVFOR Aspides forces escort a CMA CGM containership in the Red Sea
Shipping

War Risk Premiums Surge Amid Renewed Red Sea Attacks

The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at

July 10, 2025
Total Views: 1419

Eternity C sinks below the surface
Shipping

Rescuers Pull More Survivors From Red Sea as Houthis Hold Crew of Sunken Greek Ship

Rescuers pulled three more crew members and a security guard alive from the Red Sea on Thursday, maritime security sources said, a day after Houthi

July 10, 2025
Total Views: 4342

offshore wind turbines rendering
Offshore

China Ramps Up Offshore Wind Projects After Slowdown

(Bloomberg) — China has rebuilt a substantial pipeline of offshore wind projects as the sector recovers from a slowdown that followed the end of national

July 10, 2025
Total Views: 714

Map of designated U.S Marine Highway Program routes as of July 2025
Shipping

DOT Adds New Waterways to U.S. Marine Highway Program to Boost Inland Shipping

The U.S. Department of Transportation has significantly expanded the United States Marine Highway Program, adding 848 new miles of navigable waterways and

July 10, 2025
Total Views: 1764

China Challenges German Claim Warship Laser-Targeted Plane
Defense

China Challenges German Claim Warship Laser-Targeted Plane

(Bloomberg) — China disputed Germany’s accusation that one if its warships behaved dangerously toward a military aircraft in the Red Sea, an incident

July 10, 2025
Total Views: 2429

A OOCL containership docks at the Port of Long Beach
Ports

U.S. Container Imports Set to Fall as Trump Tariffs Loom, NRF Warns

Import cargo volume at major U.S. container ports is expected to experience a temporary rebound this month following a significant late spring decline, but

July 10, 2025
Total Views: 627

Korean Officer to Receive IMO’s Highest Bravery Award for Fishing Vessel Rescue
Shipping

Korean Officer to Receive IMO’s Highest Bravery Award for Fishing Vessel Rescue

Officer Lee Tae-Young of the Republic of Korea has been selected to receive the 2025 IMO Award for Exceptional Bravery at Sea for his heroic rescue of 12

July 10, 2025
Total Views: 900

Port cranes at dusk
Ports

Hamburg Unveils Major Port Overhaul to Secure its Global Shipping Role

Hamburg is investing €1.1 billion in a major port infrastructure expansion project focused on modernizing container terminal operations at the Waltershofer

July 10, 2025
Total Views: 422

Singapore Straits Piracy Surges: Critical Trade Route Faces 50% Increase in Maritime Crime
Piracy

Singapore Straits Piracy Surges: Critical Trade Route Faces 50% Increase in Maritime Crime

The Singapore Straits, a vital maritime corridor handling approximately 30% of global trade, is experiencing an alarming rise in armed robbery incidents,

July 10, 2025
Total Views: 661

Members of Iran's Revolutionary Guards participate in a military parade to commemorate the anniversary of the start of the 1980-1988 Iran-Iraq war, in Tehran September 21, 2008
Shipping

U.S. Treasury Targets 22 Entities in New Crackdown on Iranian Oil Shipping Network

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated 22 entities across Hong Kong, the United Arab Emirates, and

July 10, 2025
Total Views: 368

List: Notable Houthi Attacks on Merchant Ships in the Red Sea
News

List: Notable Houthi Attacks on Merchant Ships in the Red Sea

Yemen's Houthis sank two cargo ships in the Red Sea this week, the first flare-up in seven months in the Iran-backed group's years-long campaign to

July 10, 2025
Total Views: 658

Chinese Container Ships Receive Permission to Sail Russia’s Arctic Northern Sea Route
Shipping

Chinese Container Ships Receive Permission to Sail Russia’s Arctic Northern Sea Route

The same day Yemen’s Houthi militants resumed attacks against multiple vessels in the Red Sea after months of calm, several Chinese container ships received

July 10, 2025
Total Views: 1385

Wednesday, July 9, 2025
Copper Traders Rush Metal to Hawaii to Capture Mega Tariff Trade
News

Copper Traders Rush Metal to Hawaii to Capture Mega Tariff Trade

Copper traders racing to get cargoes into the US are looking to shift deliveries into Hawaii and Puerto Rico to cut shipment times, as Donald Trump’s plan

July 9, 2025
Total Views: 1834

EUNAVFOR ATALANTA forces pictured near the “AL NAJMA”, the Yemeni fishing boat hijacked off Eyl, Northern coast of Puntland (Somalia) on February 8, 2025. Photo courtesy EUNAVFOR
Piracy

Ship Piracy, Robberies Rise 83% in Asia from Jan-Jun, Anti-Piracy Group Says

There were 95 piracy and armed robberies against ships in Asia from January to June this year, an 83% increase compared to the same period last year, according

July 9, 2025
Total Views: 966

Eternity C sinks below the surface
Shipping

Houthi Video Shows Deadly Attack and Sinking of Eternity C Bulk Carrier in Red Sea

The Houthis have released footage showing the targeting and sinking of the Liberia-flagged bulk carrier ETERNITY C in the Red Sea. The footage captures the

July 9, 2025
Total Views: 6814

A barge and tug load heavy fuel pumped from the MSC Baltic III
Accidents

Salvage Operations Progress on Grounded MSC Baltic III

Salvage crews have successfully removed approximately 85% of the heavy fuel from the grounded containership MSC Baltic III, according to the latest update

July 9, 2025
Total Views: 9903