News

The latest maritime and offshore news.


Thursday, August 28, 2025
FILE PHOTO: An American flag flutters over a ship and shipping containers at the Port of Los Angeles, in San Pedro California
News

McCown Warns: U.S. Container Imports on Brink of Historic Collapse as July Growth Proves Deceptive

The 3.2% year-over-year increase in U.S. inbound container volume for July 2025 represents a temporary reprieve driven entirely by tariff frontloading,

August 28, 2025
Total Views: 3781

Stock photo of an oil tanker moored at sea
News

V.Ships Norway Fined $2 Million for Illegal Oil Discharges from Tanker

V.Ships Norway A.S. has pleaded guilty to violating the Act to Prevent Pollution from Ships and will pay a $2 million fine after admitting to illegal

August 28, 2025
Total Views: 1298

cosco shipping
Shipping News

Geopolitics, High Bids, and U.S. Pressure Cloud COSCO’s Global Port Ambitions

COSCO Shipping Ports is facing "challenges" with its international investments amid pressures from the U.S. trade war, its managing director said in Hong Kong

August 28, 2025
Total Views: 289

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

Iran is Facing a Return of UN Sanctions – What Happens Now? 

Britain, France and Germany launched a 30-day process to reimpose U.N. sanctions on Iran over its nuclear program on Thursday, according to a letter sent

August 28, 2025
Total Views: 455

Wednesday, August 27, 2025
Stock photo of the bow of a ship at anchor
News

India’s Russian Oil Gains Wiped Out by Trump’s Tariffs

 India saved billions of dollars by stepping up imports of discounted Russian oil in the wake of the war in Ukraine, but punitive tariffs imposed by the

August 27, 2025
Total Views: 1516

Monday, August 25, 2025
LNG carrier in dense fog
News

Drydocks World Awarded Contract for World’s Largest FLNG Facility Off Mexico

AMIGO LNG SA de CV has awarded Drydocks World the Engineering, Procurement, and Construction (EPC) contract for what will become the world’s largest

August 25, 2025
Total Views: 1399

Suspected shadow fleetl tanker Eagle S anchored near the Kilpilahti port in Porvoo
News

Baltic States Seek to Fight Back Against Russian Signal Jamming

NATO’s easternmost member states are grappling with a sharp rise in radio and satellite interference, with Baltic governments accusing Russia of positioning

August 25, 2025
Total Views: 4269

Jordan Rose/RCM 252 ATB on the Hudson River
News

Financial Dispute Takes Rose Cay Maritime Jones Act ATB Fleet Out of Action

A financial dispute among owners and managers has taken Rose Cay Maritime’s fleet of Jones Act articulated tug/barge combinations and tank barges out of

August 25, 2025
Total Views: 4272

The Northern Lights Carbon Capture and Storage facilities at Øygarden
News

World’s First Commercial CO2 Storage Facility Now Operational in North Sea

The world’s first third-party CO2 transport and storage facility is now operational, marking a significant milestone in Europe’s efforts to reduce

August 25, 2025
Total Views: 1197

The Marie Maersk seen from a supply vessel on August 21, 2025
Incidents

Marie Maersk Resumes Voyage After Successful Fire Containment Off African Coast

The Maersk Triple-E class containership Marie Maersk has resumed its eastbound journey around the Cape of Good Hope following successful containment of a fire

August 25, 2025
Total Views: 2419

Friday, August 22, 2025
Canada to Drop Many Counter-Tariffs in Olive Branch to Trump
News

Canada to Drop Many Counter-Tariffs in Olive Branch to Trump

By Brian Platt and Josh Wingrove Aug 22, 2025 (Bloomberg) –Canada will remove its retaliatory tariffs on a long list of US products that comply with the

August 22, 2025
Total Views: 594

Thursday, August 21, 2025
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
News

Orient Overseas Expects U.S. Port Fees to Impact Firm Amid Tariff Uncertainties

Orient Overseas International Ltd. warned that additional port levies imposed could negatively impact the firm, but shifting global trade patterns amid tariff

August 21, 2025
Total Views: 45

LNG carrier in dense fog
News

ConocoPhillips to Buy LNG from Sempra’s Port Arthur Phase 2 Project

U.S. oil and gas producer ConocoPhillips said on Thursday it would secure 4 million tonnes per annum of liquefied natural gas from Sempra's Port

August 21, 2025
Total Views: 64

LPG tanker berthed at terminal
News

UK Targets Iranian Oil Magnate and Maritime Networks in Fresh Sanctions

The UK government has announced a new round of sanctions targeting an Iranian oil magnate and multiple companies enabling Iran’s destabilizing

August 21, 2025
Total Views: 116

FILE PHOTO: Containers are seen stacked up on the container ship CMA CGM Benjamin Franklin at the port of Antwerp, Belgium September 23, 2022. REUTERS/Yves Herman//File Photo
News

U.S., EU Lock In Trade Deal

The United States and the European Union on Thursday locked in a framework trade deal reached last month that includes a 15% U.S. tariff on most EU imports,

August 21, 2025
Total Views: 82

Ukrainian Man Arrested Over Nord Stream Pipeline Attacks
News

Ukrainian Man Arrested Over Nord Stream Pipeline Attacks

A Ukrainian man has been arrested in Italy on suspicion of coordinating the 2022 attacks on the Nord Stream gas pipelines, German prosecutors said on

August 21, 2025
Total Views: 351

Tuesday, August 19, 2025
golden ocean ship
News

Golden Ocean Shareholders Approve Merger with CMB.TECH, Creating Maritime Giant

Shareholders of Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) have approved the stock-for-stock merger with CMB.TECH at a Special

August 19, 2025
Total Views: 1035

Pure car and truck carrier in port
News

Shippers File Fresh Federal Maritime Commission Complaints

More shippers have lodged complaints with the US Federal Maritime Commission (FMC), with DB Schenker USA and Wallenius Wilhelmsen (WW) the latest operators

August 19, 2025
Total Views: 1762

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

U.S. Treasury Chief Bessent Accuses India of Profiteering on Russian Oil Purchases

WASHINGTON, Aug 19 (Reuters) – U.S. Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from its sharply increased purchases

August 19, 2025
Total Views: 387

The Arleigh Burke-class guided-missile destroyer USS Gravely (DDG 107) returns to Naval Station Norfolk
News

U.S. Deploys Warships Near Venezuela to Combat Drug Threats

Three U.S. Aegis guided-missile destroyers will arrive off the coast of Venezuela in the next 36 hours as part of an effort to address threats from Latin

August 19, 2025
Total Views: 1281