A merchant ship was attacked and possibly boarded by pirates on 21 March at 1230Z approximately 531 NM northeast of Salalah, Oman at 17:14N 063:18E. This area will remain high risk for at least 24-48 hours.
Mariners are warned to avoid transiting near the area if possible. If necessary to transit these waters, mariners are encouraged to use all counter-piracy measures and employ all best management practices.
China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the COVID-19 pandemic, after growth plateaued last year.
A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer demand defying an intensifying trade war.
Almost every day since the expansion of Canada’s Trans Mountain pipeline was completed in May, a tanker laden with oil sands crude shipped through the line has passed under Vancouver’s Lions Gate Bridge en route to refineries around the Pacific.
February 5, 2025
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