Panama Canal Approves $1.2bn New Reservoir Project
Panama Canal board of directors gives the green light for funding the construction of a lake in the middle course of the Indio River watershed.
26 Feb 2025
26 Feb 2025
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Taiwan Coast Guard Probes Suspected Cable Sabotage
The Taiwanese Coast Guard has detained the vessel Hong Tai 58 amid suspicions that it deliberately damaged an undersea cable on 25th February.
Pertamina Exec Arrested in $12bn Oil Corruption Probe
Pertamina CEO, Yoki Firnandi, taken into custody amid allegations of $12bn corruption scheme tied to procurement of crude oil and oil products.
New Network Empowers Women in Maritime Careers
Women represent just 2% of the global seafaring workforce but a new initiative is set to change that as the ITF launches its Women at Sea network
Skuld Marine Fuels Integrate Cashew Nutshell Liquid Biofuel
With decarbonization rules already enforced in the EU/EEA, authorities are now honing in on greenhouse gas emissions from ships in European waters
Grimaldi Group Expands Global Maritime Network to India
This month Grimaldi will launch a service with two monthly departures from Europe to the Indian subcontinent, further cementing its foothold in Asia
UK Targets 40 More Russian Oil Ships in New Sanctions
The United Kingdom is set to enforce another round of sanctions on Russia’s oil trade by targeting an additional 40 vessels.
New Trieste Port to Become Hungary's Gateway to the Sea
Trieste to become Hungary’s main port as construction begins on 30-hectare site acquired by Hungarian government with completion anticipated by 2028
Swedish Investigation into Baltic Cable Sabotage
Swedish authorities are probing a new suspected act of sabotage involving an undersea telecom cable in the Baltic Sea.
CMA CGM Expands Fleet with Purchase of Four More Boxships
CMA CGM remains one of the most active buyers in the secondhand container ship market this year after acquiring another four boxships.
MSC Joins CMA CGM in New Moroccan Container Terminal Project
Mediterranean Shipping Co has partnered with rival CMA CGM to invest in a new terminal at one of Africa’s fastest-growing container hubs, Morocco
Fire Breaks Out on Cargo Ship in English Channel, Crew Safe
A fire broke out on the Grande Brasile, a Grimaldi cargo vessel, while it was transiting the English Channel on February 18th.
Ecuadorian Navy Seizes 800 Kgs of Cocaine on Cargo Ship
The Ecuadorian Navy have seized approximately 800 kilograms of cocaine aboard the Hapag-Lloyd container ship Guayaquil Express.
Cause Still Unknown in Seajewel Oil Tanker Explosion
The cause behind the explosion on the oil tanker Seajewel on February 14th remains unknown, despite authorities launching an investigation.
MSC Expands Lead Over Rivals as Largest Standalone Carrier
Mediterranean Shipping Co is set to widen its lead over competitors, with new data showing it will soon outpace its closest rival by 2 million TEU