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Wednesday, May 28, 2025
opec headquarters vienna
News

OPEC+ Adopts Plan for 2027 Baselines Ahead of July Output Hike Talks

OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday

Wednesday, May 28, 2025
Total Views: 261

USTRANSCOM Report Reveals Key Challenges in U.S. Strategic Seaport Dredging Operations
Ports

USTRANSCOM Report Reveals Key Challenges in U.S. Strategic Seaport Dredging Operations

A recently declassified U.S. Transportation Command (USTRANSCOM) report has identified significant challenges affecting dredging operations at strategic U.S.

May 28, 2025
Total Views: 959

A screenshot from video showing the near-miss on the St. St. Clair River
Accidents

Watch: Great Lakes Bulk Carrier Has Near Miss with Seawall in St. Clair River

The M/V American Spirit, a self-unloading bulk carrier, narrowly avoided alliding with a seawall in the St. Clair River near Port Huron, Michigan on Tuesday.

May 28, 2025
Total Views: 11137

Ukrainian coast guard patrols the "grain corridor" in the Black Sea. REUTERS/Thomas Peter
Defense

EU Unveils Black Sea Maritime Security Strategy Amid Escalating Threats

The European Union has announced a new strategic initiative for the Black Sea region, with maritime security and connectivity at its forefront. The strategy

May 28, 2025
Total Views: 622

Machinery can be seen sitting at the Port of Darwin, located in the Northern Territory's capital city of Darwin
Ports

Australia Looks to Avoid a Panama Repeat in China Port Showdown

Prime Minister Anthony Albanese is confronting a fresh diplomatic dilemma with China: How to fulfill a pledge to regain control of a strategic port without

May 28, 2025
Total Views: 1052

China Flexes Military Muscle with East Asian Naval Activity, Sources Say
Defense

China Flexes Military Muscle with East Asian Naval Activity, Sources Say

China has flexed its muscles this month by sending an unusually large number of naval and coast guard vessels through a swathe of East Asian waters, according

May 28, 2025
Total Views: 1764

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Tuesday, May 27, 2025
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
Ports

CMA CGM Invests $600 Million in New Vietnam Terminal as Trade Surges

CMA CGM Group has signed a partnership agreement with Saigon Newport Corporation (SNP) to develop a new deep-water terminal in Haiphong, northern Vietnam,

May 27, 2025
Total Views: 1020

Tanker EVENTIN adrift in the Baltic Sea
Shipping

Report: Russian Naval Escorts Guard Shadow Fleet in Gulf of Finland

Russia has intensified its maritime operations in the Gulf of Finland, implementing new tactics that include military escorts for its shadow fleet tankers,

May 27, 2025
Total Views: 2279

Image of Hurricane Milton from NOAA's GOES-16 satellite
Environment

Navigating the Looming Hurricane Threat: Ensuring Robust Marine Insurance for Ports and Shipping

By Ed McNamara, CEO of Cleveland-based port insurance broker Armada Risk Partners — The 2025 Atlantic hurricane season is shaping up to pose increasingly

May 27, 2025
Total Views: 485

Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Container Shipping Industry Posts $9.9 Billion Q1 Profit as Red Sea Crisis Impact Wanes

The container shipping industry recorded a net profit of $9.9 billion in the first quarter of 2025, marking a significant decrease from previous quarters while

May 27, 2025
Total Views: 1967

Three Injured in Engine Room Explosion Aboard Bulk Carrier in New Zealand
Accidents

Three Injured in Engine Room Explosion Aboard Bulk Carrier in New Zealand

Three crew members were injured following an explosion or flashback while working on a boiler in the engine room of the Malta-registered bulk carrier M/V

May 27, 2025
Total Views: 1925


Tuesday, May 27, 2025
U.S. President Donald Trump speaks, as he signs executive orders and proclamations in the Oval Office at the White House in Washington
Shipping

Trump Warns Putin “Playing with Fire”

In the wake of Russia’s largest aerial assault of the Ukraine war, U.S. President Donald Trump issued stark warnings to Vladimir Putin, saying the

May 27, 2025
Total Views: 1418

India Races to Contain Oil Spill From Sunken Containership MSC ELSA 3
Accidents

India Races to Contain Oil Spill From Sunken Containership MSC ELSA 3

Indian agencies detected an oil spill from a container ship that capsized off the coast of the southern state of Kerala early Sunday, triggering efforts to

May 27, 2025
Total Views: 1540

Operation to tow stricken MV Sounion tanker and avert spill starts in Red Sea.EUNAVFOR ASPIDES/Handout via REUTERS
Accidents

US-China Trade Tensions and Shadow Fleet Pose Growing Risks to Maritime Industry, Allianz Reports

Despite reaching record-low vessel losses in 2024, the maritime industry faces mounting challenges from geopolitical tensions and an expanding shadow fleet,

May 27, 2025
Total Views: 1300

A tanker ship is seen in the English Channel at sunrise, near Dover, Britain, August 4, 2021. REUTERS/Peter Nicholls/File Photo
Environment

IMO Charts Course for Zero Emissions, But Can Shipping Keep Up?

The International Maritime Organisation’s (IMO) ambitious new policy measures are set to transform the shipping industry’s approach to fuel

May 27, 2025
Total Views: 1272

two tankers conduct ship-to-ship transfer
Shipping

Panama Tightens Ship-to-Ship Oil Transfer Rules in Bid to Combat Shadow Fleet Operations

Panama has implemented stringent new requirements for ship-to-ship (STS) oil transfer operations involving vessels under its flag, marking a significant step

May 27, 2025
Total Views: 1133

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Tuesday, May 27, 2025
China CG ship
News

Philippines Open to More Agreements with China to Keep Peace in South China Sea

The Philippines is open to any additional agreements with Beijing that can help maintain peace in the South China Sea, its top diplomat said, amid

May 27, 2025
Total Views: 4333

Mitsui OSK Seeks Japan’s Help as EU Sanctions LNG Tankers
News

Mitsui OSK Seeks Japan’s Help as EU Sanctions LNG Tankers

Mitsui OSK Lines Ltd. is seeking help from the Japanese government after a surprise decision by the European Union to sanction three of its liquefied natural

May 27, 2025
Total Views: 1109

Monday, May 26, 2025
Spotlight on Liftboats: What They Do & The Dangers They Pose
Sponsored

Spotlight on Liftboats: What They Do & The Dangers They Pose

Picture a vessel that can sail to a jobsite, “plant” three or four giant steel legs on the seabed, and then lift its entire hull clear of the

May 26, 2025
Total Views: 5683

Sunday, May 25, 2025
Machinery can be seen sitting at the Port of Darwin, located in the Northern Territory's capital city of Darwin
Ports

China Criticises Plan To Return Darwin Port To Australian Ownership

SYDNEY, May 26 (Reuters) – China’s ambassador to Canberra has criticised the Australian government’s intention to

May 25, 2025
Total Views: 11202

Aerial view of a ship drydock in South Korea
Shipping

Trump Says US Wants To Make Tanks And Ships, Not T-Shirts

MORRISTOWN, New Jersey, May 25 (Reuters) – U.S. President Donald Trump said on Sunday his tariff policy was aimed at promoting the domestic

May 25, 2025
Total Views: 3321