Sam Hamilton - Maritime Bell

Vroon Expands Livestock Fleet After Buying Vessel From Tsuneishi

Dutch Shipping company Vroon has majorly strengthened its fleet with acquisition of a livestock carrier from Japan’s Tsuneishi Group.

Baltimore Collision Ship Confirmed as Chartered by Maersk

The owners of the Singaporean-flagged container vessel involved in the collision with the Francis Scott Key Bridge earlier have issued a statement.

ABB Boosts Tech Presence Through Weather Routing Co. Purchase

In the most recent development in shipping data services ABB has acquired the shipping business of DTN, a meteorological forecasting specialist.

Barbara Pickering Appointed as President of Chevron Shipping

Barbara Pickering set to become new leader of Chevron Shipping following the retirement of president Mark Ross who has been in the role since 2015

Hafnia and Mercuria Unite for Panamax Pool Initiative

Hafnia Panamax Pool, a new joint venture, has been announced by BW Group's product tanker, Hafnia, and the well-known commodity trader, Mercuria.

China Exports Recovers, Global Risks Weaken

As factories hopped-up after COVID lifting lockdown China’s exports increased at highest speed in 5 months in June. But rocky roads are ahead.

Port NOLA Renews MoU Agreement with CORBA

On Monday, the Central Ohio River Business Association (CORBA) announced the latest development in its partnership with the Port of New Orleans.

28 Containers Lost as Crane Collapses Onto Cargo Ship

Marport, Turkey; a container ship, the Medkon Rize, lost 28 cargo containers overboard after a mobile crane collapsed onto the vessel's main deck

EU Launches Port Alliance in Effort to Combat Drug Trafficking

The new partnership aligns with the EU’s roadmap aimed at addressing and fighting Drug Trafficking and Organised Crime.

Green Hydrogen Plant To Be Developed in Amsterdam Port

Hydrogen company HyCC launched a project called Project H2era that plans to construct a 500MW green hydrogen plant in the Amsterdam port.

Maritime AI Windward Detects Russia’s Dark Activities

An alarming new behavior claimed Russia is allegedly laundering grain has been discovered by Windward, a maritime AI technology company.

Jan De Nul Group to Supply Export Cables for Offshore Wind Farm

The Belgian offshore construction and dredging firm, Jan De Nul Group, has recently disclosed a substantial contract with Ørsted.

Member of Abandoned Indian Crew in Sri Lanka Tragically Dies

The cook drowned in March 2022. He fell into the sea when he attempted to negotiate the ship’s badly damaged gangway to go ashore.

Israel Sells Haifa Port for $1.2 Billion

Israel sells major trade hub on the Mediterranean coast Haifa Port. India’s Adani Ports & Gadot win bid for 4.1 billion shekels ($1.18 billion).

Over 20,000 Pounds of Khat Seized by US Officials

According to statement by Customs & Border Protection, authorities in the US confiscated over 20,000 pounds of the drug-producing plant khat.

Norwegian Cruise Ship Stopped From Docking Amid Outbreak

Feb 25th, a Norwegian Cruise Line Holding vessel was denied docking at Mauritius' main port due to sanitary concerns following reports of illness

Four Men Charged in Lethal Navy SEAL Incident

The U.S. Justice Department has initiated legal proceedings against four individuals implicated in the shipment of Iranian-produced arms to Houthi insurgents.

More Containerships Sold by Capital Product Partners

Capital Product Partners is continuing to divest its containership assets as part of its strategic pivot towards specializing in LNG carrier ops

Houthis Threaten to Reach Deeper into Indian Ocean

The Houthis' goal is to block ships associated with their adversaries from navigating past the Cape of Good Hope.

'Glacier Day' Announced by Holland America for 2024 Cruises

Holland America Line has announced the introduction of "Glacier Day" on its 2024 Alaska cruises along with enhanced onboard experiences.

As Exports Rise, The World Can't Get Ample US Diesel

Due to the continued insatiable need for gasoline on the worldwide market, the United States is exporting diesel at its quickest rate ever.

Eastern Pacific Shipping Books More Car Carriers at Jinling

Eastern Pacific Shipping, based in Singapore, has returned to China Merchants Jinling Shipyard with a deal to build 2 new dual-fuel car carriers.

DDW Offshore Ramps Up AHTS Projects in Australia

DDW Offshore, a Norwegian subsidiary of Akastor, has been awarded a nine-month contract extension for one of its AHTS vessels by Petrofac.

Concession to Develop New Philippine Box Terminal Won by ICTSI

A 25-year concession contract to develop and operate the Iloilo Commercial Port Complex in the Philippines has been won by the ICTSI.

Two Identically Numbered Containers at Chattogram Port

Two containers bearing the same distinctive number landed at the Chattogram port. The incident was discovered by the port's computerized CTMS.

End of an Era as Swire Phases Out Westwood Brand

Westwood Shipping Lines, known for its specialized vessel ops between the Pacific NW and NE Asia, has recently been rebranded as Swire Shipping.

Saltchuk Ventures Launch 2nd Takeover Bid for OSG Privatization

Saltchuk has renewed its focus on Overseas Shipholding Group (OSG) after withdrawing its pursuit of the Tampa-based company in September 2021.

French Engineers Present Cutting-Edge Hydrogen Carrier Design

A team of French specialists with knowledge of gas technology has introduced an initial concept for a liquefied hydrogen carrier.

Dayang's Ongoing Success: More Work Achieved with EnQuest

Dayang Enterprise, a Malaysian firm, has been awarded a contract extension by Enquest to deliver maintenance, construction & modification services

ARC Ro-Ro Ship Now Under U.S. Flag

ARC has successfully expanded its maritime fleet, welcoming its ninth U.S.-flagged roll-on roll-off vessel, now known as the M/V ARC Honor.

UKHO To Stop Paper Charts

The UK Hydrographic Office projects that the progressive elimination of paper charts from production would be completed by the end of 2026.

NTSB Pushes Locator Devices for Maritime Safety

The NTSB recently released a safety recommendation encouraging the provision of personal locator devices for each crew member.

Foinaven FPSO Workers Ready to Strike

The Foinaven FPSO vessel's crew members have chosen to go on strike in response to a disagreement about redundancy money payouts.

Neptune Lines Doubles Down on Dual-Fuel Car Carriers in China

Neptune Lines, owner and operator of Greek vehicle carriers, has increased the number of vessels at the Fujian Mawei shipyard in China.

Bulker Vessel Collides with Bridge in Argentina

A Kamsarmax bulk carrier owned by Foremost Group, a U.S. company, experienced damage after colliding with a bridge in Argentina.

Mexico Project Awarded to Paratus for Titania

Paratus Energy Services has been awarded a one-year engagement for its Titania jack-up rig to perform services offshore Mexico.

2020 Bulkers sells Newcastlemax pair for $127m

2020 Bulkers, the owner of Newcastlemax vessels, has divested two bulkers constructed in 2019 to an independent third party for $127.5 million

Fastest Growing Ship Register Doubles Size in One Month

Last year, Gabon, a nation along the Atlantic coastline of Central Africa, was identified as the shipping registry with the quickest growth.

Vietnam's VLCC Fleet Demonstrates Continuous Growth

Greece's Capital Maritime and Trading has recently completed the sale of the most recently built VLCC now flying the Vietnamese flag.

Corrosion Led to Failure in Heavy-Lift Crane Operation

NTSB report revealed that corrosion and wear led to the snapping of a wire rope during the lifting of a wind turbine part on the Thorco Basilisk.

Okeanis Reinvents Fleet Financing

Okeanis Eco Tankers has successfully carried out a number of refinancing operations for its fleet, aiming to enhance its financial framework.

Developing Nation Energy Trader Convicted of Bribes

Federal jury in U.S. find former trader for Vitol guilty of participating in bribery & money laundering operation aimed at Latin America.

Samsung's 15 Ship Boost for QatarEnergy

QatarEnergy is advancing its fleet expansion efforts with a freshly inked agreement to acquire 15 LNG carriers from Samsung Heavy Industries.

Vard Set to Convert 16-year-old PSV into New Cable Layer

Norwegian shipbuilder Vard has been chosen by IT International Telecom Marine to convert the PSV IT Infinity into a cable laying vessel.

Caribbean Itinerary Changes as Hurricane Beryl Escalates

As Hurricane Beryl intensifies to a category five storm, several cruise lines have announced changes to their Caribbean itineraries.

Royal Caribbean: $100 Million Upgrade for Allure of the Seas

Royal Caribbean announce $100M upgrade for Allure of the Seas, scheduled for April 2025, as part of the company’s Royal Amplified refit program.

Stolt-Nielsen Cements its Position in Rival Odfjell

Tanker giant Stolt-Nielsen has established itself as the 2nd-largest shareholder in competitor, Odfjell, by increasing their stake in the firm.

Australia Charges "Inside-Job" Tobacco Smugglers

A logistics expert along with five others have been indicted for attempting to illicitly import cigarettes valued at $10 million into Australia.

Ukraine Invasion Sees Indian-Classed Fleet More Than Double

Since Russia's invasion of Ukraine 2 years ago, there's been a notable increase in the number of vessels identified as part of the shadow fleet.

Eidesvik to Continue Providing PSV Services for Aker BP

Eidesvik, the owner of offshore vessels based in Norway, secured a contract extension for the Viking Lady, a platform supply vessel from Aker BP.

Hede Int. Shipping Added to Controlled Carrier List by FMC

This classification means Hede (HONGKONG) International Shipping Limited will be included on the Commission’s Controlled Carrier List.

MOL & TLT Sign Long-Term Charter for Newbuild LNG Carrier

Mitsui OSK Lines (MOL) has entered into a long-term charter agreement for a newly constructed LNG carrier with Tokyo LNG Tanker (TLT).

6m TEU Surplus Containers Manageable

Per Drewry’s Container Census & Leasing Annual Review & Forecast 2022/23 report, global pool of containers increased by nearly 50m TEU in 2021.

Hayfin Contracts Oshima Shipyard for Construction of Bulkers

Hayfin Capital Management has secured the services of Oshima Shipbuilding in Japan to develop two post-Panamax bulk carrier new constructions.

Hamburg Port Witnesses Ship Sinking

A vessel navigating the inland waterways, laden with 3,500 litres of diesel and 1,400 tonnes of potassium chloride, has sunk in Hamburg Port.

$360M Deal Boost for Diamond

Based in Houston, Diamond Offshore Drilling has secured a contract with Serica Energy for the use of one of its semi-submersible rigs.

Shih Wei Navigation Finalizes Bulker Orders

Shih Wei Navigation recently broke a nearly ten-year streak without orders by entering agreements for the construction of new bulk carriers.

Probable Cause of ‘Carib Trader II’ Sinking Revealed

The investigation report by the NTSB has been released concerning the sinking of the Carib Trader II while being towed from Port of Miami to Haiti

6 Chemical Tankers Ordered in New Venture by NYK & Stolt

NYK Stolt Tankers, a collab between the Japanese company NYK & chemical tanker leader Stolt-Nielsen, places order for 6 stainless steel vessels.

European WindWings & BAR Team Up for Sail Production

BAR Technologies, a marine engineering consultancy, establishes partnership with Nervion Naval Offshore, provider of floating offshore wind platforms

Investor Issues in U.S. Hamper CMB’s Euronav Takeover

FourWorld Capital Management, through funds it manages, has lodged a legal challenge in a US District Court against the bid by CMB.

Saudi Arabia Welcomes New Container Shipping Line

Saudi Arabia sees the inception of a new feeder & short-sea shipping venture aimed at establishing connections between the kingdom & Red Sea ports

MOL & Petrobras in Newbuild Negotiations

SeaLoading Holding a MOL subsidiary that specializes in the operation of CTVs enters into charter agreement with Brazilian oil behemoth Petrobras

Baleine Chooses DOF for FPSO FSO Install

Norwegian maritime service provider DOF has secured a installation contract from Altera Infrastructure for the deployment of FPSO & FSO units.

QatarEnergy and Nakilat Land Deal for 25 LNG Newbuilds

Based in Doha, Nakilat will acquire 174,000 cubic meter units scheduled for construction in South Korea and lease them to QatarEnergy affiliates.

Stranded Turkish-Flagged Ship Hit by Missiles in Ukraine

A cargo ship flying the Turkish flag, marooned for over two years in Ukraine, was targeted by missile strikes while docked at the Kherson port.

Intermarine Welcomed by SAL & Jumbo in Heavy Lift Alliance

Jumbo Shipping and SAL Heavy Lift, a specialist in breakbulk and project cargo, have partnered with Intermarine to create a new joint venture.

SOLAS Amendment: Mandatory Reporting of All Lost Containers

The WSC has expressed approval of the recent amendments to SOLAS adopted by the IMO making it mandatory to report all containers lost at sea.

Edda Wind Concludes Edda Passat SOV Offloading Process

Edda Wind has successfully offloaded its service operation vessel (SOV), Edda Passat, to an undisclosed buyer.

$3bn Clean Ports Investment Announced by Biden Admin.

The US Environmental Protection Agency has initiated a $3bn initiative aimed at supporting zero-emission technology and infrastructure in ports.

CMA CGM No Longer Interested in Acquiring Wincanton

Shipping company CMA CGM has withdrawn its attempt to acquire British logistics company Wincanton, conceding to a competing bid from another firm

Crew of 11 Evacuated from Sinking General Cargo Ship

A crew of 11 was evacuated from the Korean general cargo vessel Keum Yang 6, which was experiencing flooding in rough weather near Jeju Island.

Biden Confirms Two Oregon Sea-Windspots

BOEM has officially designated two Wind Energy Areas (WEAs) offshore Oregon, encompassing a total of approximately 195,012 acres.

Two More VLCCs from New Times Ordered by Magni Partners

Magni Partners, has increased its order for Very Large Crude Carriers (VLCCs) from China's New Times Shipbuilding.

230 Houthi Targets in Yemen Hit by U.S.

Senior Pentagon official discloses that the US has targeted 230 locations in Yemen in response to Houthi-led assaults on vessels in the Red Sea.

Container Shipping Costs Escalate Due to Security in Red Sea

In recent developments the shipping industry is witnessing a hike in short-term rates for container transport across Asia, Europe, and the USA.

Ethiopia & Somaliland Sign Agreement Facilitating Red Sea Port Use

The agreement focuses on utilizing the Berbera port located along the Red Sea, as announced by the office of Prime Minister Abiy Ahmed.

Sanctioned Russian Tanker Immediately Reverses

Following the imposition of US sanctions, a Russian oil tanker swiftly altered its course near Portugal.

First Container Ship Link from Scotland to China Launched

Intro of new direct connection from Scotland to China and vice versa is expected to benefit Scottish industries like food and drink.

First New Build in 5 Years Ordered by Carnival Corporation

Carnival Corporation, the leading global cruise company, has revealed its inaugural newbuild order since the outbreak of the COVID-19 pandemic.

U.S. Halts Shipment of Iranian Arms to Houthis

A vessel laden with weapons and materials intended for conflict support was recently detained in the Arabian Sea by a US coats guard cutter.

Chinese Chief Officer Chosen for IMO Gallantry Award

Bo Xu Chief Officer of Oil Tanker Xian Qiao 502 to be honored with 2022 International Maritime Organization Award for Exceptional Bravery at Sea.

PIL To Use Hazcheck Detect To Stamp Out Suspicious Cargoes

Pacific International Lines of Singapore decides to use the Hazcheck Detect cargo screening tool in an effort to identify dangerous shipments.

Four VLCC's Ordered from South Korea by DHT

DHT Holdings has finalized contracts for the construction of four very large crude carriers (VLCCs) in South Korea, with deliveries during 2026.

Shore-Based Power Provided for all Vessels at Rotterdam WG

RWG container terminal announces plans to install shore-based power systems along entire dockside, allowing all vessels to access the facility.

Manila Pursues Shipowner Accountability for Tanker Sinking

The DOJ Manila is initiating legal actions against RDC Reield Marine Services for their involvement in the Princess Empress sinking & oil spill.

OranjeWind & World's Biggest Floating Solar Project Join Forces

The Nautical Sunrise consortium is on a mission to establish the world's largest OFS power project, situated off the coast of the Netherlands.

One More Handy Bulker Offloaded by Grindrod

Grindrod Shipping is proceeding with its strategy to offload ships, announcing the sale of another handysize vessel from its fleet.

American Queen Voyages End Operations, Say Hornblower Group

American Queen Voyages is halting its operations as its parent company, Hornblower Group, enters into a financial restructuring agreement.

ICS Fights Harassment in Maritime Sector

The ICS has recently unveiled a comprehensive framework aimed at eradicating harassment and bullying within the maritime industry.

Cause of Tug-Tanker Accident in Corpus Christi Ship Channel Revealed

NTSB identified that speed & hydrodynamic forces were factors in an incident where a tugboat & tanker collided in the Corpus Christi Ship Channel

Minerva Marine Says Farewell to Its Oldest Capesizes

Minerva Marine of Greece has capitalized on the thriving dry bulk market by selling its most aged capesize ships.

$5.2bn Bolloré Logistics Acquisition Finalized by CMA CGM

The French shipping company CMA CGM has finalized its purchase of the family-owned Bolloré Logistics for €4.85 billion ($5.25 billion).

Fastest Growing Containerline Fleet is Lidl's Tailwind

Fastest expanding fleet in percentage terms belongs to company more commonly linked with budget-friendly products found in European supermarkets!

MoU Signed to Sell Off two of ESL Shipping's Supramaxes

ESL Shipping enters agreement to divest two Supramax class ships, Arkadia and Kumpula, to entities under the HGF Denizcilik Limited Sirket group.

Mitsui Ocean Cruises Unveils Shore Excursion Program

Mitsui Ocean Cruises revealed its lineup of shore excursions for its debut season, as the company counts down to the launch of its first vessel.

MSC Conducts Trials for State-of-the-Art Bow Windshield

MSC has joined the ranks of shipping lines experimenting with bow windshields as a strategy to reduce fuel expenses.

Record Levels of Sales Seen by Newcastlemax Vessels

Large bulk carriers are earning significant profits, with the frequency of transactions involving these ships reaching high levels.

Initial Failure of Genco's Sale of Two Capesize Vessels

Genco Shipping & Trading, a US-listed operator of bulk carriers, has not succeeded in its initial attempt to finalize sale of 2 capesize vessels.

UK Expects Return of Wind Bidders

An official from UK government expressed optimism for upcoming offshore wind auction, following a previous round that did not meet expectations.

Norwegian VLCC Sale Sets New Yardstick

The transaction involving a VLCC under the Norwegian flag has established a fresh high point, reflecting the ongoing rise in tanker asset prices.

Manila Harbor Center Rebrands as Manila Multipurpose Terminal

Manila Harbor Center undergoes rebranding effort, emerging with a new identity, logo & online presence as it becomes Manila Multipurpose Terminal

Carnival Announces 2026-27 Sailings from Tampa & Mobile

Carnival has opened reservations for its 2026-27 sailings, offering cruises to destinations such as The Bahamas, the Caribbean and Panama Canal.

Suspect Comms Equipment Found on Chinese-built Cranes by USA

Investigation by US Congress identifies potentially troubling components in ship-to-shore cranes at American ports constructed by Chinese companies

K Line Acquires French Kite Manufacturer to Enhance Position

Primary customer of a ship kite system, originally crafted by Airbus, is so enthusiastic about the product they decide to purchase the company.

Orix Assumes Ownership of Osaka's Premier Shipowner

The recent acquisition of Santoku Senpaku by Japanese financial services company Orix Corporation, amounts to a significant $2 billion deal.

New Order of Two Newcastlemaxes from Berge Bulk in China

CSSC Qingdao Beihai Shipbuilding, recognized as the premier builder of newcastlemax vessels has secured an order for two ammonia-ready bulkers.

Largest Global Car Carrier Gets Green Light in Principle

Deltamarin has recently obtained Approval in Principle (AiP) from DNV for their groundbreaking design of an 11,000 CEU pure car and truck carrier

Tug Owner Linked to Tobago Oil Spill Potentially Identified

Bellingcat & the Trinidad & Tobago Guardian have identified a Panama-based entity as the company behind a severe oil spill in the Caribbean.

Bulk Carrier Banned for Year by Australia Due To Safety Issues

Australian Maritime Safety Authority imposes one-year prohibition on Liberian-flagged cargo ship, KMAX Leader, from docking at Australian ports.

Red Sea Environmental Crisis as Rubymar Sinks

The maritime crisis in the Red Sea has escalated with the recent sinking of the Rubymar bulk carrier early on Saturday.

Initial VLCC Orders Confirmed by Trafigura

Trafigura is tackling the scarcity of contemporary supertanker capacity by venturing into the construction of its very first VLCCs.

Engine Failure Results in 6-Day Towing for Boxship

MSC KATYAYNI experienced engine failure and required towing over a span of six days from a location approx. 300 nautical miles off Vigo, Spain.

MoU for Digi Shipping Corridor Signed by Australia, Singapore

Singapore & Australia enter into MoU to jointly work on the development of the Singapore-Australia Green and Digital Shipping Corridor (GDSC).

UK Sanctions Fractal Shipping & Beks Ship Management

Fractal Shipping, based in the UAE, and Turkey's Beks Ship Management have been highlighted in the recent set of sanctions announced by the UK.

UK MoD to Upgrade Defence Missile System Used in Red Sea

In a statement made by the MoD a missile system will be upgraded to feature a new warhead & software enabling it to counter ballistic missile threads.

JP Morgan Secures Profitable Gains in Cape Sale

JP Morgan has emerged from the shadows this month, becoming one among numerous shipping entities involved in active capesize market transactions.

SAAM Achieves Highest-ever Net Income in 2023

SAAM, a leading provider in the towage sector, recorded an unprecedented net income of US$501 million in 2023.

$350 Drillship Deal with BP Sealed by Diamond Offshore

Diamond Offshore Drilling awarded 2-year extension for its contract with BP subsidiary in US Gulf of Mexico for its seventh-generation drillship.

India Expresses Interest in Operating Bangladeshi Port

India wants to operate Bangladesh seaport, Mongla, where both New Delhi and Beijing are also interested in investing in terminal construction.

Robust Secondhand Market Aids Safe Bulkers Sale of Two Ships

Safe Bulkers progresses with fleet renewal strategy and capitalizes on increasing prices by selling two of its vessels in separate transactions.

Houthi Drone Shot Down in Red Sea by Italian Warship

The Italian Navy destroyed a drone over the Red Sea, acting in defense under the European Union's new naval operations in that region.

Ukrainian Grain Starts Shipping Through Danube Rivermouth

Despite Black Sea port blockade by Russia, Ukraine gave foreign markets hope as ships passed through mouth of the Danube to increase grain export

Zodiac Maritime Explores Potential of Nuclear-Powered Ships

Zodiac Maritime is collaborating with KEPCO E&C, HD KSOE and Lloyd's Register of South Korea to create plans for ships powered by nuclear energy.

Greek Shipping Advised to Avoid Red Sea Following Attacks

Commercial vessels currently voyaging the Red Sea and the Gulf of Aden have been advised by Greece to avoid Yemeni waters following attacks.

Disney Cruise Line: More New Themed Spaces on Disney Destiny

Disney Cruise Line has announced an array of new themed spaces and experiences on its upcoming ship, the Disney Destiny.

Houthis Increasing Grip on Shipping in Red Sea

Following their initial successful attack on a vessel, Houthis have declared any ship entering their territorial waters must secure a permit.

Red Sea Under Attack: Containership Witnesses Explosions

Ambrey, a maritime security company in the UK revealed container ship flying the Malta flag observed 3 explosions in the direction of its port quarter

London Insurers Extend Red Sea High-Risk Zone in Response to Threat

London's marine insurance market expanded its designation of high-risk areas in the Red Sea following an increase in attacks on commercial ships.

Engine Room Causes Fire on Canadian Ferry

More than 200 passengers on the MV Holiday Island ferry had to leave the vessel early on Friday owing to a fire in its engine room.

Louis Dreyfus Prepares Juice Ship for Suction Sails

In a significant move, the Louis Dreyfus Company, has chosen to equip its leased juice transport vessel with four innovative suction sails.

Violation of Napali by Celebrity Edge Remains Inconclusive

The Hawaii Department of Land and Natural Resources reported that the investigation into the cruise ship Celebrity Edge remains inconclusive.

IMO Secretary-General Role Given to Arsenio Dominguez Velasco

The appointment of Arsenio Antonio Dominguez Velasco as the secretary-general commencing on January 1, 2024, was officially certified by the IMO.

10 Detained for Alleged Unlawful MGO Transaction

According to Singapore Police 10 individuals were detained for alleged involvement in a fraudulent Marine Gas Oil transaction on August 4, 2022.

62 New Cruise Ships Slated to Enter Service Through 2036

The global cruise ship orderbook has now reached its farthest extension ever, encompassing 62 ships scheduled to enter service through 2036.

Freight Ships To Avoid Taiwan Due to China's Naval Exercises

As China conducted its most provocative military exercises in decades surrounding Taiwan, shippers rerouted their boats from the Taiwan Strait.

Jadestone Terminates Montara FPSO Due to Problems

Jadestone Energy has chosen to temporarily halt production from the Montara oil field offshore northwestern Australia.

Havfram Achieves a Deal for German Offshore Wind

Havfram Wind seals contract for work on wind turbine transport and installation on RWE’s 1.6GW offshore wind farm found in the German North Sea.

MOL Inaugurates Seafarer Manning Company In Indonesia

Partnership is scheduled to commence operations in April 2024, focusing primarily on supplying seafarers for the MOL Group’s LNG carrier fleet.

Philippines Plans Offshore Exploration in South China Sea

President Ferdinan Marcos Jr of the Philippines stated that the country is actively addressing “exploration issues” in the South China Sea.

No More Strike for Offshore Oil and Gas Workers in Norway

Union leader & labor ministry say Norwegian government stepped in to end the strike in the petroleum sector that interrupted oil & gas output.

Singapore Still World's Top Maritime Hub

Singapore keeps status as the top maritime hub for the 9th consecutive year in the Xinhua-Baltic Int. Shipping Centre Development Index Report

COP28 Approves UAE Consensus for Phase-Out of Fossil Fuels

The COP28 summit culminating on Dec 12th marked a milestone with the adoption of the UAE Consensus, an agreement aimed at phasing out fossil fuel

Juneau, Alaska Implements Cap on Cruise Passenger Arrivals

The City and Borough of Juneau and the cruise lines visiting the port have signed a Memorandum of Agreement aimed at managing visitor volume.

Ocean Carriers Re-enter Charter Market Due to Increased Demand

Anticipation of better-than-expected demand across trade routes leads ocean carriers to re-enter charter market in search of available tonnage.

RWE & Partners Deal for 684 MW Offshore Wind Power Venture

RWE has been chosen as part of a group to construct & manage an offshore wind project situated off the shores near Murakami and Tainai in Japan.

IMO Commemorative Farewell for Secretary-General Kitack Lim

Resolution entitled "Appreciation of the Services of Mr Kitack Lim" recognizes Mr. Lim's leadership and achievements during his tenure at the IMO

FPSO Atlanta: Yinson's Fleet Addition Poised for 2024 Launch

In a grand event at Dubai Drydocks World on December 13, 2023, Yinson Production warmly welcomed the latest jewel in its crown, the FPSO Atlanta.

Red Sea Route Changes: Higher Costs, More Delays

Major suppliers for global retailers such as IKEA & Amazon are adjusting shipping routes, marking the most significant disruption since COVID

RIBCRAFT Expands Lifesaving Resources for Maine Firefighters

The specialized RIB not only expands the department’s response capabilities but also offers a secure platform for conducting rescue missions.

Fatalities Following Collision of Japan Coast Guard & Passenger Planes

Tuesday's event at Haneda airport resulted in the loss of 5 Coast Guard crew , while all 379 occupants of the JAL plane miraculously survived.

US Coast Guard Confiscate Cocaine, Heroin, Meth Valued at $11M

Gulf of Oman: US Coast Guard achieved initial drug interdiction for the year, successfully confiscating an array of narcotics valued at $11 million.

Cruise Ship Rescues Fishermen Thanks to Observant Passengers

Costa Cruises’ 114,500 gross ton Costa Serna was cruising the Arabian Sea when the vessel rescued a group of stranded fishermen lost out to sea.

CMA CGM Increases Offer to Acquire Logistics Co. Wincanton

French shipping giant CMA CGM escalated its bid to acquire Wincanton, a UK logistics company, offering approximately $766 million in cash.

Ship with Li-Ion Batteries Moored Near Dutch Harbor Post-Fire

According to the U.S Coast Guard, the M/V Genius Star XI carrying lithium-ion batteries has been anchored close to Dutch Harbor, AK & poses no immediate threat

Six People Rescued After Barge Hits Two Powerboats

After tugboat moving barges collides with 2 recreational power boats on Saturday 6 people were pulled from the ocean close to Goat Island TX.

Unseaworthy Bulk Carrier Given 3 Month Australia Ban

AMSA have announced that the bulk carrier Peace has been banned from Australian ports for three months due to being deemed unseaworthy.

Oil Tank Falls in Louisiana Causing Leak

A tank fell as a result of a structural issue at an oil tank platform. Approximately 14,000 gallons of oil are thought to have leaked.

Iran Converts Boxship into Drone Carrier

Iran is launching its first drone carrier, a converted boxship, adding to growing concerns surrounding the situation in the Middle East.

Lubricant Leak from Container Ship in Alaska

Oil leak from container ship owned by Matson sailing to Anchorage, AK monitored by the US Coast Guard in collaboration with other authorities.

Port of Oakland Shut Down Due to Trucker Protest

The Port of Oakland’s three marine terminals were only partially operational on Thursday, and the biggest facility was shut down.

Cameroon Flag on Tankers Banned in UAE Over Safety Concerns

The United Arab Emirates has prohibited ships bearing the flag of Cameroon from entering its waters.

Wärtsilä Secures Contract for Singapore's Next-Gen Traffic System

Wärtsilä awarded prototyping contract for Next Generation Vessel Traffic Management System by the Maritime and Port Authority of Singapore.

Germany Will Participate in EU Red Sea Naval Mission

Due to continued attacks on vessels by Iran-backed Houthi militia off the Yemen coast, the most important global shipping lane has been paralyzed

Price of Skipping Panama Canal Queues Drops Significantly

The price for vessels to skip Panama Canal congestion lines has reduced significantly from the multimillion-dollar records of recent months.

RCL Expands Fleet with Order for Four Boxships from China

Several brokerage report RCL, a Thai shipping company, has ventured to southern China for the procurement of four 4,400 TEU vessels.

Impact of Drought - Panama Canal Toll Revenue Faces Decline

On Wednesday, the administrator of the Panama Canal disclosed a monthly decline of roughly $100 million in toll revenues since October.