News

The latest maritime and offshore news.


Saturday, May 24, 2025
A satellite image shows a North Korean warship covered with a blue tarp after an accident that occurred during its launch at the shipyard in Chongjin
News

North Korea Detains Officials Over Warship Accident

SEOUL, May 25 (Reuters) – North Korea has detained shipyard officials responsible for a recent major accident during the launch of a new warship,

May 24, 2025
Total Views: 2471

Friday, May 23, 2025
A damaged Balticconnector gas pipeline that connects Finland and Estonia is pictured in this undated handout picture in the Baltic Sea. Finnish Border Guard/Handout via REUTERS
News

Poland Says Key Infrastructure at Risk After Baltic Sea Incident

Polish Prime Minister Donald Tusk warned on Thursday that the Baltic Sea is becoming “a new area of confrontation” with Russia, putting the country’s

May 23, 2025
Total Views: 2575

Blue tarps cover a capsized North Korean warship
News

North Korea Launches Probe into Warship Launch Fail

North Korea has begun a full-scale investigation into the accident that occurred during the launch of a warship this week, state media KCNA reported on

May 23, 2025
Total Views: 2551

Thursday, May 22, 2025
Blue tarps cover a capsized North Korean warship
Defense

North Korea’s Warship Launch Ends in Disaster as Kim Jong Un Watches

 A major accident occurred on Wednesday during the launch of a new North Korean warship while Kim Jong Un was attending the event, with the isolated

May 22, 2025
Total Views: 6242

Vytautas Kielaitis / Shutterstock.com
News

CK Hutchison Confirms Aponte’s MSC is Main Investor in Ports Deal

HONG KONG, May 22 (Reuters) – CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte’s family-run MSC Mediterranean

May 22, 2025
Total Views: 877

Wednesday, May 21, 2025
Stock photo of an oil tanker moored at sea
News

Hijack Call From Ship Off Iran a False Alarm, Security Firm Ambrey Says

A hijack signal sent from a Panama-flagged petroleum products tanker off Iran was a false alarm, British maritime security firm Ambrey said on

May 21, 2025
Total Views: 954

Monday, May 19, 2025
An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
News

EU Likely to Propose to G7 Lowering Price Cap on Russian Oil to $50 per Barrel

The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions

May 19, 2025
Total Views: 860

Thursday, May 15, 2025
A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf.REUTERS/Raheb Homavandi//File Photo
News

Iran Nuclear Deal Would Give a Little Boost to Global Oil Supply

The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can

May 15, 2025
Total Views: 438

A screenshot of video allegedly taken from the bridge of the M/T Jaguar
News

Estonia Confirms Russia Sent Jet After Attempt to Stop Sanction-breaking Ship

Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil

May 15, 2025
Total Views: 1215

A containership arrives at the Port of Rotterdam
News

US-China Trade Clash Risks Making Europe Dumping Ground for Cheap Goods

China’s widening trade surplus with the European Union is fueling fresh concerns that the 27-nation bloc risks becoming a dumping ground for cheap goods in

May 15, 2025
Total Views: 819

Wednesday, May 14, 2025
Port of Durban south africa.File photo: Shutterstock/michaeljung
News

South Africa’s Transnet, Union in Talks to Avoid Strike

(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to

May 14, 2025
Total Views: 699

Monday, May 12, 2025
US, China to Slash Tariffs During 90-Day Reprieve for Talks
News

US, China to Slash Tariffs During 90-Day Reprieve for Talks

The US and China will temporarily lower tariffs on each other’s products in a dramatic ratcheting down of trade tensions that buys the world’s two largest

May 12, 2025
Total Views: 689

Finland Moves Ahead With New Icebreaker for Baltic Sea
News

Finland Moves Ahead With New Icebreaker for Baltic Sea

Finland’s premier icebreaker designer, Aker Arctic, has been awarded a contract to develop a new state-of-the-art mid-size icebreaker. The effort is part of

May 12, 2025
Total Views: 2911

US and China Reach Deal to Slash Tariffs, Lifting Dollar
News

US and China Reach Deal to Slash Tariffs, Lifting Dollar

The United States and China have agreed a deal to temporarily slash reciprocal tariffs as the world's two biggest economies seek to end a damaging trade war

May 12, 2025
Total Views: 975

Friday, May 9, 2025
U.S. President Donald Trump speaks, as he signs executive orders and proclamations in the Oval Office at the White House in Washington
News

Trump’s First Trade Pact Offers Faint Glimpse on Art of the Deal

For global leaders puzzling over how to negotiate with Donald Trump, the US president’s inaugural pact with the UK offers a few clues on how much ground

May 9, 2025
Total Views: 1865

An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
News

In Panama, Trump’s New Ambassador Casts China as Threat to Frayed Alliance

The United States' new ambassador to Panama pledged on Thursday to strengthen ties with the Central American country while pushing China as a common

May 9, 2025
Total Views: 813

Wednesday, May 7, 2025
U.S. President Donald Trump launches military strikes against Yemen's Iran-aligned Houthis
News

US-Houthi Ceasefire Deal Does Not Include Israel

A ceasefire deal between Yemen's Houthis and the U.S. does not include sparing Israel, the group said on Wednesday, suggesting its shipping attacks that have

May 7, 2025
Total Views: 1010

Sunday, May 4, 2025
The damaged Gaza Freedom Flotilla vessel “Conscience” is seen anchored at sea outside Maltese territorial waters
News

NGO Says Malta Blocking Access To Gaza-Bound Aid Ship Hit By Drones

By Christopher Scicluna VALLETTA, May 4 (Reuters) – An international NGO accused Malta on Sunday of impeding access to a Gaza-bound humanitarian aid

May 4, 2025
Total Views: 6012

Friday, May 2, 2025
A tug puts out a fire on the Gaza Freedom Flotilla vessel Conscience outside Maltese territorial waters
News

Activist Aid Ship Hit by Drones on Way to Gaza

VALLETTA, May 2 (Reuters) – A ship carrying humanitarian aid and activists for Gaza was bombed by drones in international

May 2, 2025
Total Views: 3327

Thursday, May 1, 2025
U.S. President Donald Trump launches military strikes against Yemen's Iran-aligned Houthis
Defense

Pentagon Chief Warns Iran of Consequences for Supporting Houthis

U.S. Defense Secretary Pete Hegseth warned Iran on Wednesday that it will face consequences for supporting the Houthis, even as the United States has

May 1, 2025
Total Views: 1155