Novorossiysk Drone Barrage Pauses Exports and Jolts Oil
A large overnight drone attack hit Russia’s Black Sea hub of Novorossiysk on Nov 14, damaging an oil depot and a vessel and prompting a temporary halt to oil exports as pipeline operator Transneft...
US–Korea Shipbuilding Plan Points ~$150B at American Yards
Talks between Washington and Seoul outline a framework where South Korean industry would channel about $150 billion into U.S. shipbuilding as part of a broader investment package tied to trade concessions. Public briefings describe...
Hormuz Flashpoint: Iran seizes Marshall Islands-flagged oil tanker Talara
Iranian small boats intercepted the Talara while it transited the Strait of Hormuz from the UAE toward Singapore, diverting the ship into Iranian waters; the vessel’s manager reported loss of contact, UKMTO pointed to...
CMA CGM moves to Buy 20% of Hamburg’s CTH
CMA CGM has signed a term sheet to acquire a 20% stake in Eurogate’s Container Terminal Hamburg (CTH), with closing targeted in the first half of 2026 subject to regulatory approvals. The deal aligns...
Hai An Upsizes: Vietnam Carrier Books 3,000-TEU Newbuilds at Yangzijiang
Vietnam’s Hai An Lines is moving up the size ladder with firm orders for two 3,000-TEU container ships at Jiangsu New Yangzi Shipbuilding, with market reports indicating options that could lift the series to...
Simandou Is Live: West Africa ore corridors set to rewire capesize trades
Guinea has formally launched the Simandou iron ore project, with partners marking start of operations this week and first shipments slated around mid to late November 2025. The integrated mine-rail-port system spans 600+ km...
Ports of Los Angeles and Long Beach Lock In Zero-Emissions Plan: fines, phases and shore-power reality
The two busiest U.S. container ports have agreed with Southern California air regulators on a binding roadmap to plan and build zero-emissions infrastructure. The air district approved the deal on Nov 7, the Long...
UK Has Moved to Block Services for Russian LNG in 2026
The UK has confirmed it will phase in a ban on UK maritime services that enable exports of Russian LNG during 2026, coordinating timing with Europe. This targets the plumbing behind cargoes, shipping, broking,...
Red Sea Lull With Risk Still Live
Yemen’s Houthi movement has signaled a halt to Red Sea attacks and said its declared blockade of Israeli ports has ended. Lines and insurers are not rushing back. Advisers urge caution, war-risk pricing remains...
Flatline October For U.S. Box Imports Signals Cautious Peak Season
U.S. container imports barely moved in October, with volumes holding at roughly 2.31 million TEU, just a 0.1 percent slip from September and about 7.5 percent below last year’s October level. Importers look to...
Steel Slump: Cheap Scrap Is Slowing Ship Recycling
Cash buyer reports and market notes in November 2025 paint a rough picture for scrapyards. Steel plate values at key South Asian recycling hubs have slipped below 400 dollars per light displacement ton in...
Electric Cranes Hit the Baltic as Palfinger’s Polish Wind Deal Points to All-Electric Decks
Palfinger Marine has secured a contract to supply fully electric offshore jib cranes for the Bałtyk 2 and Bałtyk 3 offshore wind farms in the Polish Baltic, a 1.44 GW project developed by Equinor...
Red Sea, Suez And Hormuz: Chokepoint Risks, Cape Detours Impacting P&L
After two years of disruption, shipowners are now juggling a mixed picture at the key Middle East chokepoints. The Red Sea and Suez are seeing a clear rebound in traffic, even though Houthi attacks...
Tuapse Under Siege As Drone Strikes Choke Black Sea Fuel Exports
Repeated Ukrainian drone strikes have shut down Russia’s fuel export hub at Tuapse, one of Moscow’s main oil outlets on the Black Sea. A major attack damaged terminal infrastructure and at least one merchant...
Volumes Up as Maersk Warns on Rate Pressure
Maersk said global container volumes are rising, and it lifted the lower end of its full-year 2025 profit outlook. Third-quarter results beat expectations on revenue and EBITDA, helped by stronger China-led exports, but average...
Somali Pirates Board Hellas Aphrodite In Deepwater Attack
A Malta-flagged product tanker named Hellas Aphrodite was boarded by armed pirates on November 6, 2025, roughly 549 to 560 nautical miles off central Somalia while sailing gasoline from Sikka, India to Durban, South...
US and China Agree to Pause Port Fees and Crane Tariffs
Washington and Beijing are stepping back from a costly fee fight. The United States will suspend for one year, starting November 10, 2025, the Section 301 port entry fees aimed at China and the...
EU Carbon Rules Start Hitting Voyage P&L
Shipping’s inclusion in the EU Emissions Trading System has moved from theory to cash impact. For 2024 emissions, companies must surrender allowances by September 30, 2025, covering 40% this cycle, rising to 70% for...
Sanctions are Parking Barrels at Sea, Tightening Tanker Supply
Sanctions are turning tankers into temporary storage, and traders say it’s now visible at record scale. At ADIPEC this week, Gunvor’s chief executive said “oil on the water” has surged to unprecedented levels as...
Maersk Adds LNG Megamax Capacity in China, Options Touted
Trade-press reports indicate Maersk has placed an order in China for a fresh tranche of 18,000-TEU LNG dual-fuel containerships, with options said to be under discussion. The move continues its 2024–25 fleet renewal toward...