Shipping

LONDON, July 3 (Reuters) – Yemen’s Houthis are sending drone boats packed with explosives into the Red Sea as they intensify their attacks on

By Simon Marks (Bloomberg) — Attacks by Iran-backed Houthi militants on the Red Sea have reinvigorated piracy networks in Somalia, with criminal groups

By Charlotte Goldstone (The Loadstar) – MSC now holds a 20% share of the global container shipping market, in terms of capacity offered, a record in the

By Cindy Wang, Yian Lee and Foster Wong (Bloomberg) — China detained a Taiwanese fishing boat and its crew, a move that risks worsening tensions with

Crowley has been awarded a $2.3 billion, seven-year contract extension by U.S. Transportation Command (USTRANSCOM). The contract will enable Crowley to

ATHENS/LONDON, July 3 (Reuters) – An abandoned tanker that was drifting off Yemen’s coast in June has disappeared and is believed to have

DOF Group ASA will acquire Maersk Supply Service A/S (MSS) for approximately USD 1.112 billion. The deal will be financed through a combination of cash and new

The Paris Memorandum of Understanding (MoU) on Port State Control saw a slight decrease in the overall detention rate in 2023, though it has not returned to

By Malte Humpert (gCaptain) – Russia continues to push forward with the rapid renewal and expansion of its icebreaker fleet. In addition to commissioning

MANILA, July 2 (Reuters) – The Philippines told China it will be “relentless” in protecting its interests and upholding its sovereignty,

By Laurel Chor (Bloomberg) — For almost two years, Robert Brewin collected data from the bow of a superyacht as it sailed pristine waters from the

Global trade trends turned positive in Q1 2024, with goods and services trade increasing by 1% and 1.5% respectively, driven by the US, China, and India,

By Selcan Hacaoglu (Bloomberg) — Turkey, Romania and Bulgaria joined forces to hunt mines in the Black Sea, a move aimed at improving shipping safety

Maritime Partners has successfully acquired e1 Marine, a company known for its innovative work in hydrogen generation technology for the marine sector. e1

South Carolina Ports (SC Ports) is working to address ship delays by implementing operational solutions and temporarily pausing toe wall construction as part

By Eleanor Thornber and Alex Longley (Bloomberg) — A gauge of global sea transport is heading for its biggest annual jump since 2010 after attacks in

PORT OF SPAIN / KINGSTOWN, July 1 (Reuters) – Hurricane Beryl strengthened as it churned toward the Caribbean’s Windward Islands on

The Federal Maritime Commission (FMC), the U.S. agency responsible for ensuring a reliable and competitive international ocean transportation system, has

A merchant vessel was approached by a dozen small craft in the southern Red Sea approximately 13 nautical miles southwest of Al Mukha, Yemen, the UK Maritime

By Eyk Henning, Dinesh Nair and Sara Sjolin (Bloomberg) — A.P. Moller-Maersk A/S withdrew its bid for DB Schenker, the logistics unit of Deutsche Bahn