Ocean Network Express Falls to Quarterly Loss as Overcapacity Bites
Ocean Network Express (ONE) slipped into the red in the third quarter of its fiscal year 2025, reporting a net loss of $88 million on revenue of $4.07 billion
Ocean Network Express (ONE) slipped into the red in the third quarter of its fiscal year 2025, reporting a net loss of $88 million on revenue of $4.07 billion
The U.S. Department of Transportation has approved a license for Texas GulfLink, LLC to build and operate a deepwater crude oil export terminal off
BERLIN, Feb 3 (Reuters) – Two workers have been arrested on suspicion of sabotaging several German warships at Hamburg harbor in 2025, the prosecutor
Malaysia’s seizure of two crude oil tankers suspected of carrying out an unauthorised ship-to-ship transfer off Penang was initially hailed as one of the
A merchant tanker transiting the Strait of Hormuz was harassed by Iranian forces on Monday in an incident that now appears to involve the U.S.-flagged Stena
Maersk and Hapag-Lloyd have announced the first structural return of a Gemini Cooperation service to the Red Sea, marking a cautious step toward
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BEIJING, Feb 3 (Reuters) – China warned Panama on Tuesday there would be “heavy prices” to pay after a court ruling there annulled Hong
A newly announced trade agreement between the United States and India could significantly reshape global crude oil flows and tanker demand, potentially cutting
The International Maritime Organization is moving to bring wind-assisted propulsion fully into the regulatory mainstream, approving a formal workplan that
A merchant vessel transiting the Strait of Hormuz was hailed by multiple small armed craft on Monday in an encounter now under investigation, according to a
Qatar signed a 27-year deal to sell liquefied natural gas to Japan’s biggest utility, marking a turnaround for a dwindling fuel trade between the two
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Two tankers detained off Malaysia's Penang island for allegedly conducting illegal ship-to-ship transfers of crude oil last week have been released along
The future USS John F. Kennedy (CVN-79) departed Newport News Shipbuilding for first sea trials, marking a milestone for the $13.2 billion Ford-class carrier.
U.S. President Donald Trump on Monday announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting
Japan accelerates deep-sea rare earth mining to reduce dependence on China. State vessel Chikyu returns after installing seabed equipment near Minamitori
A string of federal court rulings has effectively unraveled the Trump administration’s attempt to halt offshore wind construction along the U.S. East Coast,
By Charlie Duxbury Feb 2, 2026 (Bloomberg) – The French navy sailed its new frigate Amiral Ronarc’h into Sweden’s Gothenburg harbor on Monday as
The search and rescue operation for the missing crew of the bulk carrier Devon Bay formally concluded Sunday night, vessel operator K Line Pte
Nearly a year after running aground on Newfoundland’s west coast, the container ship MSC Baltic III continues to deteriorate under relentless North
Malaysian maritime authorities have detained two crude oil tankers and seized approximately RM512 million (USD 129.9 million) worth of crude oil following a
The Russian captain of a container ship that crashed into a U.S. tanker off the east coast of Britain in March last year was found guilty in a London court
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The Port of Baltimore posted record cargo volumes in 2025, capping a dramatic recovery just over a year after the collapse of the Francis Scott Key
Investment in alternative-fueled shipping continues to climb despite broader market headwinds, with the global dual-fuel fleet reaching 400 container ships and
The U.S. Coast Guard coordinated the rescue of 27 mariners after their Venezuelan-flagged fishing vessel caught fire and sank roughly 500 miles
The US Coast Guard has confirmed plans to spend $323 million expanding and modernizing its Seattle icebreaker base, underscoring the service’s push to
Panama's Supreme Court annulled last week CK Hutchison's 0001.HK contract to operate two Panama Canal ports at the heart of a $23-billion deal to sell the
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