Turkey’s Quiet Pivot On Russian Oil Shakes Up Med Crude Trades
Turkey has sharply cut its purchases of Russia’s flagship Urals crude in November, trimming volumes by around 100,000 barrels per day to…
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Maritime News
The latest shipping, industry and maritime market developments.
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Methanol’s Big Test: DNV Says The Fuel Is Ready, But The Numbers Still Hurt
DNV’s new white paper on methanol fuel makes a simple but important point for shipowners: technically, methanol is now a workable, scalable…
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War Risk Insurance Surges For Black Sea Voyages
War risk insurance costs for Black Sea voyages have moved up again after Ukrainian naval drones hit the sanctioned tankers Kairos and…
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Black Sea Risk Repriced: Ukraine’s Drone War Puts Shadow Fleet And CPC Exports In The Crosshairs
Ukraine has moved its Black Sea campaign into a new phase. Naval drones have now hit two sanctioned shadow fleet tankers heading…
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OPEC+ Holds The Line: Pause On 2026 Oil Hikes Keeps Bunkers In A Narrow Range
OPEC+ ministers met Sunday and chose to keep their existing production plan in place, confirming that there will be no fresh output…
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Green Corridors Multiply as Cost Wall Slows Real Zero Emission Routes
The latest progress report from the Getting to Zero Coalition and Global Maritime Forum shows green shipping corridors growing to 84 active…
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Signs of a Controlled to Suez / Red Sea
Improved security signals and a fragile Gaza ceasefire have eased Red Sea attack risk, and Egypt’s Suez Canal Authority is actively inviting…
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Older Hulls, New Pressure as Aging Fleets Force Hard Choices for Shipowners
Global fleets are getting older just as ordering picks up and new recycling rules bite. Recent analysis shows container, tanker and bulk…
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UK locks in 78% North Sea tax as Industry Warns of 66 Billion Dollar Investment Hole
The UK government has confirmed that the Energy Profits Levy will stay in place until March 2030, keeping the headline tax rate…
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Marseille-Fos Triples Its Bet: €1.3bn Plan To Be South Europe’s Main Gate
The port of Marseille-Fos has signed off on a strategic plan for 2025 to 2029 that authorizes up to €1.3 billion in…
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Oxford Maps a $14bn Chokepoint Bill as Narrow Sea Lanes Reshape Trade Risk
A new Oxford University study in Nature Communications puts concrete numbers on something shipowners already feel: disruptions at key maritime chokepoints affect…
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Shadow Fleet Growth Meets Indian Gatekeeping: Dark Tankers Face Tougher Insurance Checks off Paradip
The global “shadow fleet” that moves sanctioned crude has expanded into a parallel system of older, lightly regulated tankers, with estimates suggesting…
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China’s LNG Buying Slump Hits 13 months as Tonne-mile Engine Cools
China’s seaborne LNG imports are set to fall year on year for the 13th straight month in November, with Kpler data (via…
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MSC Moves Inland in Bangladesh with Pangaon Play
Reports indicate MSC has secured a concession to operate an inland container terminal in Bangladesh, widely described as the Pangaon facility near…
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Belgium’s Three-day Strike Chokes Antwerp-Bruges as pilotage paused, queues build, diversions rise
Belgium’s nationwide strike (Nov 24–26) has disrupted pilotage and traffic control on the North Sea coast, halting or severely restricting ship movements…
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UK P&I and TT Club explore Giant Transport Mutual: cover, deductibles and renewal leverage in play
UK P&I Club and TT Club have confirmed that their boards are in early talks on a potential merger that would combine…
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Maersk Stays Cautious on Suez Return as Red Sea Risks Linger
Maersk says it will resume using the Red Sea and Suez route only when conditions allow and has not set a firm…
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Maran Tankers Books Four VLCCs at Hanwha Ocean As Orders Keep Flowing
Maran Tankers has moved for four very large crude carriers at Hanwha Ocean. Hanwha’s exchange filing confirms a KRW 757.7 billion contract…
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Coal Shipments Hit a 23-Year Low as Steel Output Slips
Coal cargoes into advanced economies are set to fall about 2% year over year in 2025 to a 23-year low, according to…
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Iran’s offshore barrel build: Floating Iranian oil hits highest since 2023
Iranian “oil on water” has surged to roughly 52 million barrels, the most since May 2023, with about half of those barrels…
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