Danaos Charts Ambitious Course with $4.3 Billion Backlog and LNG Expansion
Danaos reported solid fourth-quarter earnings for 2025 while locking in $4.3 billion in contracted revenue and expanding into LNG through a new partnership
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Danaos reported solid fourth-quarter earnings for 2025 while locking in $4.3 billion in contracted revenue and expanding into LNG through a new partnership
Western naval interdictions are forcing sanctioned oil tankers out of fraudulent flags and back under the Russian registry, marking a major shift in how Moscow
A fuel barge ran aground near the entrance to San Juan Harbor on Monday while being towed inbound from St. Thomas, prompting a Coast Guard response near Old
Maersk orders eight 18,600-TEU dual-fuel containerships for 2029-2030 delivery, choosing operational flexibility over megaship scale despite recording its
Four MOL LNG carriers built for modern ice-strengthened operations remain idle more than six months after the European Union lifted sanctions following
The EU proposes unprecedented sanctions targeting ports in Georgia and Indonesia that handle Russian oil, marking the first time the bloc has sanctioned
Hong Kong has protested against Panama’s court ruling which struck down the contract granted to Li Ka-shing’s CK Hutchison Holdings Ltd. to operate two
U.S. container imports are expected to fall sharply in the first half of 2026 as ongoing tariff uncertainty disrupts trade flows, according to the latest
The U.S. Maritime Administration has issued a new security advisory after Iranian forces threatened a U.S.-flagged tanker in the Strait of Hormuz, warning
India’s Coast Guard has dismantled an international oil-smuggling network off the country’s west coast, targeting vessels accused of conducting illicit
U.S. forces have seized the sanctioned crude oil tanker Aquila II in the Indian Ocean after tracking the vessel more than 10,000 miles from the Caribbean,
The Panama Canal Authority opened spillways at Gatún Dam after the reservoir reached its maximum operating level, marking a sharp reversal from the drought
Some supertanker operators are speeding up transits through the Strait of Hormuz as U.S.–Iran tensions rise, with VLCCs reaching speeds well above normal
The United States has unveiled a sweeping new sanctions package targeting Iran’s shadow fleet, designating vessels, managers, and traders involved in illicit
Singapore has issued its clearest warning yet over the growing presence of sanctioned “shadow fleet” tankers operating near the Straits of Malacca and
The European Union has rolled out its toughest Russia sanctions package yet, imposing a full ban on maritime services for Russian crude oil, cutting the price
Tsakos Energy Navigation CEO Dr. Nikos Tsakos says geopolitical turmoil and the rapid expansion of shadow tanker trading have created a severe shortage of
A Russian container ship captain has been sentenced to six years in prison after a fatal North Sea collision that killed a Filipino seafarer and triggered an
China is asking state firms to halt talks over new projects in Panama, as part of Beijing’s broader retaliation after the Central American country voided CK
Global container shipping rates fell for a fourth consecutive week as the traditional pre-Lunar New Year cargo surge failed to materialize. Spot rates dropped
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