News

The latest maritime and offshore news.


Friday, May 1, 2026
smoke pollution coming from a container ship
News

IMO Climate Talks Stay Alive as Carbon Plan Survives U.S. Pushback at MEPC 84

The International Maritime Organization has kept its landmark shipping climate framework alive following a week of high-stakes negotiations in

May 1, 2026
Total Views: 938

Guided-missile destroyer USS Rafael Peralta (DDG 115) enforces the U.S. blockade of Iranian ports against M/T Stream after it attempted to sail to an Iranian port,
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White House Says Iran Hostilities ‘Terminated’ as War Powers Deadline Arrives

U.S. President Donald Trump's administration argued that a ceasefire with Tehran had "terminated" hostilities as a legal deadline arrived on Friday for coming

May 1, 2026
Total Views: 1443

Exxon, Chevron Beat Profit Estimates on War-Driven Oil Rally
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Exxon, Chevron Beat Profit Estimates on War-Driven Oil Rally

Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter as higher oil and natural gas prices outweighed production

May 1, 2026
Total Views: 464

File photo of an oil tanker at sea
News

US Naval Blockade Squeezes Iran’s Oil Exports, Forces Crude Onto Floating Storage

A U.S. naval blockade of Iranian ports has shrunk Tehran's oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out

May 1, 2026
Total Views: 551

Chevron-chartered oil tanker Ionic Anax is seen near the Bajo Grande port in Venezuela's Lake Maracaibo after loading for export
News

Venezuela Oil Exports Hit 7-Year High as U.S., India, Europe Ramp Up Buying

Venezuela's oil exports rose 14% to 1.23 million barrels per day in April, the highest in more than seven years, fueled by more sales to the United States,

May 1, 2026
Total Views: 751

U.S. forces board the M/V Blue Star III suspected of breaching the U.S. maritime blockade on Iran, April 28
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U.S. Treasury Expands Hormuz ‘Toll’ Warning, Puts Maritime Industry on Notice

The U.S. Treasury Department has widened its warning over reported Iranian “toll” demands in the Strait of Hormuz, issuing a new alert that lays out, in

May 1, 2026
Total Views: 1131

containership
News

Transpacific Defies Downtrend as Container Spot Rates Climb on War-Driven Demand

Container spot freight rates on the transpacific trade into the North America west coast managed to defy gravity and edge up this week, while most other

May 1, 2026
Total Views: 347

Iranian-flagged dhow ALWASEEMI with a EUNAVFOR warship in the background
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Piracy Resurfaces Off Somalia as Hormuz Crisis Stretches Naval Security

Piracy concerns are escalating rapidly off the Horn of Africa after two vessels were hijacked last week and multiple new approaches were reported across the

May 1, 2026
Total Views: 680

Thursday, April 30, 2026
cargo ships loading at port of oakland
News

ONE Profit Plunges 92% as Geopolitics and Overcapacity Squeeze Earnings

Singapore-based liner giant Ocean Network Express reported a modest but resilient profit for fiscal year 2025, navigating weak cargo demand, rising capacity,

April 30, 2026
Total Views: 1354

Opening of the IMO Marine Environment Protection Committee (MEPC) 84th Session, April 27, 2026
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IMO Carbon Plan for Shipping Faces Growing Revolt as U.S. Courts ‘Silent Majority’

The U.S. is intensifying its push against the International Maritime Organization’s proposed global carbon pricing regime, with Federal Maritime

April 30, 2026
Total Views: 1381

container ship underway at sea
News

Container Rates Slip for Third Week as Oversupply Weighs on Market

Spot container rates extended their downward trend for a third consecutive week, underscoring the growing disconnect between geopolitical disruption and

April 30, 2026
Total Views: 393

CCTV footage shows crew members of the second flotilla that sailed from the Spanish port of Barcelona, carrying humanitarian aid to Palestinians in Gaza, raise their arms as the vessel is said to be intercepted by the Israeli Army, at a location given as at sea off the coast of Greece, April 30, 2026, in this screengrab taken from a handout video
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Israel Intercepts Gaza Aid Ships in International Waters, Organizers Decry Move

Israel has intercepted aid ships bound for Gaza in international waters near Greece, flotilla organizers said on Thursday, decrying the move as an "escalation

April 30, 2026
Total Views: 722

A view of the turbines at Orsted's offshore wind farm near Nysted.
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Iran War Is ‘Supercharging’ the Energy Transition, UNFCCC Says

The Iran war is accelerating a shift toward renewable energy as governments race to reduce supply-chain vulnerabilities, according to UNFCCC Executive

April 30, 2026
Total Views: 465

U.S. forces board the stateless tanker Tifani (IMO: 9273337) without incident inside the U.S. Indo-Pacific Command area of responsibility.
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US Seeks Forfeiture of Seized Oil Tankers Linked to Iran

The US is seeking forfeiture of two Iran-linked oil tankers seized by naval forces enforcing a blockade against the Islamic Republic, according to a senior

April 30, 2026
Total Views: 2116

Wednesday, April 29, 2026
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
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FMC Judge Orders OOCL to Pay $45.6 Million in Landmark Bed Bath & Beyond Shipping Case

Three years after bankrupt retailer Bed Bath & Beyond accused Orient Overseas Container Line of auctioning off contracted vessel space to higher-paying

April 29, 2026
Total Views: 837

Guided-missile destroyer USS Rafael Peralta (DDG 115) enforces the U.S. blockade of Iranian ports against M/T Stream after it attempted to sail to an Iranian port,
News

Trump Discusses Sustaining Iran Blockade for Months as Oil Prices Surge

Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran's ports with oil companies, a White House official said on

April 29, 2026
Total Views: 716

A rendering of a 15,000 TEU-class SMR-powered containership unveiled by HD Korea Shipbuilding & Offshore Engineering
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The Forgotten Fuel That Could Power Shipping’s Future

Thorium, an abundant and largely overlooked radioactive metal, is emerging as the fuel of a new generation of compact molten salt reactors that could transform

April 29, 2026
Total Views: 1911

Containers at the Evergreen terminal at the Port of Los Angeles
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Appeals Court Backs FMC in Landmark Detention Charges Ruling Against Evergreen

A federal appeals court has upheld a closely watched Federal Maritime Commission ruling against Evergreen Marine over container detention

April 29, 2026
Total Views: 510

The Malta-flagged tanker Agios Fanourios I arrives in Iraq’s territorial waters off Basra
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U.S. Treasury Warns Hormuz ‘Toll’ Payments to Iran Could Trigger Sanctions

The U.S. Treasury Department has issued new sanctions guidance warning that payments to Iran or the Islamic Revolutionary Guard Corps for so-called “safe

April 29, 2026
Total Views: 615

Tuesday, April 28, 2026
The Balboa Port is pictured after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, in Panama City.
News

US-Led Bloc Condemns China Pressure on Panama-Flagged Ships

Secretary of State Marco Rubio on Monday released a joint statement with five Latin American and Caribbean governments backing Panama’s sovereignty

April 28, 2026
Total Views: 1629