Shipping Newsletter July 21st

Mike Scheideman
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July 21, 2025


Top Story

The container shipping industry posted a net income of $4.4 billion for the second quarter of 2025, marking a significant 56% sequential decline from the $9.9 billion earned in Q1,…

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U.S. President Donald Trump told European leaders on Thursday that Europe must stop buying Russian oil that he said is helping Moscow fund its war against Ukraine, a White House official said, striking a combative…

A Chinese-operated Panamax container ship steamed across Russia’s Northern Sea Route in just 6 days underscoring the emergence of a faster Europe-Asia shipping route. The full crossing of the Polar…

Hafnia Limited has entered into a preliminary agreement to acquire approximately 14.1 million A shares in product tanker operator TORM plc from Oaktree Capital Management, representing about 14.45% of TORM’s…


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The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told…

Höegh Autoliners celebrated the naming of its sixth Aurora-Class vessel, the Höegh Moonlight, at Sweden’s largest port. The 9,100 CEU capacity vessel joins Höegh Autoliners’ flagship series of next-generation pure…

The International Transport Workers’ Federation (ITF) is urgently calling on UAE maritime authorities to intervene in a severe case of seafarer abandonment in the Persian Gulf, where 19 crew members…


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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on a complex network of shipping companies and vessels led by Iraqi-Kittitian businessman Waleed al-Samarra’i…

CAIRO, Aug 31 (Reuters) – British maritime security firm Ambrey said on Sunday that a Liberia-flagged Israeli-owned tanker reported an explosion nearby, southwest of Saudi Arabia’s Red Sea port city of Yanbu.  A vessel reported “a splash in…

KYIV, Aug 31 (Reuters) – A civilian bulk carrier flying the flag of Belize has sustained minor damage after hitting an unknown explosive device near the Ukrainian seaport of Chornomorsk, two sources told…


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