SK Gas Pays Record $5.3m for Panama Canal Transit Slot
SK Gas has set a new record for an expedited transit through the Panama Canal, paying $5.3 million to secure a passage.
Shipping
Russia-Linked Tankers Turn to New Fraudulent Ship Flags
Russia-linked tankers have begun falsely claiming registration under the flags of Syria and Myanmar for the first time.
22 Seafarers Missing After Bulker Sinks in Bay of Bengal
Twenty-two seafarers are missing after the Panamax bulk carrier Ocean Winner sank in the Bay of Bengal.
Report Raises Concerns Over Seafarers Jailed in Türkiye
A new independent report calls for urgent international action in the case of two senior seafarers convicted of drug trafficking in Türkiye.
Kyrgyzstan Says No Ships Are Authorized to Use Its Flag
Kyrgyzstan informs the IMO that no companies or individuals currently have permission to register or operate vessels under its flag.
Olam Agri and Vitol Trial Cashew-Based Marine Fuel in Singapore
Olam Agri, Vitol Bunkers complete what they say is Singapore's first bunker delivery of very low sulfur fuel oil co-processed with cashew nutshell liquid.
Panama Canal Cuts Capacity as El Niño Drought Risk Grows
Panama Canal begins limiting vessel capacity and maximum draft ahead of a potential El Niño-related drought.
Union Raises Alarm Over Indian Crew on Hormuz-Bound Vessel VIDEO
Pirates Hijack Cameroon-Flagged Cargo Ship as Regional Threat Grows
Somali pirates seize Cameroon-flagged general cargo vessel off Somalia, adding to growing concerns over a resurgence in piracy.
CMA CGM Names First French-Flagged LNG Megaship in Le Havre
CMA CGM has officially named its newest LNG-powered container ship, CMA CGM Notre Dame, during a ceremony in Le Havre.
Mintra and MARINA Partner to Advance Filipino Seafarer Training
Maritime training and workforce management provider Mintra signa MOU with MARINA to strengthen digital learning and skills development.
Siera Marine Wins Funding to Expand Australian Seafarer Training
Australia's Siera Marine Management secures funding through government’s Maritime Skills and Training Initiative to increase qualified seafarers.
IMO Backs Carbon Mineralization Pathway for Shipping
Proposal to classify carbon mineralization as a permanent carbon storage method for shipping receives in-principle backing at the IMO.
Dubai-Based Mayborne Bulk Launches New Shipping Venture
A new dry bulk shipping company has been established in Dubai by two experienced figures from the maritime industry.
Venezuelan Crude Export Surge Boosts Tanker Demand
Venezuela’s seaborne crude oil exports more than double, creating opportunities for the tanker market and increasing South America's role in energy trade.
Tanker Disabled After Fire and Strike Near Iran Route
Oil tanker left disabled after fire broke out onboard on June 8, following allegations the vessel failed to comply with U.S. forces instructions.
Drunken Officer Blamed for Ship Collision in Denmark
Cargo ship collides with yacht and port infrastructure in Danish port of Korsør after intoxicated captain attempts to maneuver vessel.
Suez Canal Raises Transit Surcharges Across Key Sectors
The Suez Canal Authority announces higher transit surcharges for most vessel categories, increasing costs for ships using the waterway from July 15.
Retail Giant Lidl's Tailwind Registers First Ship Under German Flag
Tailwind Shipping Lines, the container shipping subsidiary of German retailer Lidl registers its first vessel under the German flag.
Panama Canal Cuts Draft Limit as Water Concerns Return
The Panama Canal Authority (ACP) has announced a lower maximum authorized draft for vessels passing through its neopanamax locks.