The latest shipping, industry and maritime market developments.
Middle East to China VLCC freight just pushed into “extreme” territory, with benchmark earnings breaking above $200,000 per day, as U.S.–Iran risk…
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The European Commission is pushing G7 coordination before moving ahead with a proposed ban on maritime services that support Russian seaborne crude…
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Tanker secondhand activity in 2026 is being driven by a simple mix: freight strength in parts of the market, heavy interest in…
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U.S. Treasury just widened its Iran “shadow fleet” net by designating 12 additional vessels and a slate of owners and operators tied…
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Venezuela is moving to load bigger crude parcels for export by booking VLCCs for the first time since the recent Caracas–Washington supply…
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Shipbuilding in 2026 is already splitting into three clear lanes: a surge of container and LNG newbuild activity tied to fuel strategy…
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EU foreign ministers did not secure agreement on the proposed ban on maritime services linked to Russia’s seaborne crude exports, delaying the…
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Panama has moved to cancel CK Hutchison’s long-running Panama Canal port concessions for Balboa and Cristóbal, triggering an immediate operator handover that…
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EU just extended its Red Sea naval protection mission, Operation ASPIDES, through February 28, 2027, signaling the bloc expects elevated threat and…
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Middle East crude exports are rising just as geopolitical risk is back in pricing, and the combination is showing up first in…
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U.S. tariff policy shifted again in a way that matters immediately for shipping demand signals and forward planning. U.S. Customs and Border…
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Mare Island Dry Dock in Vallejo has filed for Chapter 11 bankruptcy as it tries to keep the yard operating while restructuring…
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The U.S. has revoked visas for Chile’s transport and telecommunications minister and two other officials in a rare diplomatic escalation tied to…
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A detained container ship off northern Jutland is turning into a clean case study of how “paper risk” becomes operational risk. Denmark’s…
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The International Maritime Organization has recorded 529 vessels showing a “false flag” status in its GISIS ship and company particulars module, reflecting…
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New Zealand has announced its largest Russia sanctions package to date, adding 100 vessels alongside new designations of 23 individuals and 13…
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Russia has outlined another major buildout step for the Northern Sea Route through 2035, pairing additional icebreaker capacity with a much larger…
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Phillips 66 and Citgo are reported to be moving toward direct purchases of Venezuelan heavy crude from PDVSA, aiming to bypass intermediaries…
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Russia’s fossil-fuel export earnings dropped to their lowest level since the start of the full-scale war in Ukraine, according to recent sanctions-tracking…
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Costamare’s latest forward fixtures add a fresh duration and counterparty signal into the container charter market: 12 ships fixed forward, roughly $940…
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