LATEST ARTICLES

Oil Prices Spike Amid Middle East Conflict: Strait of Hormuz at Risk

Global oil prices jumped after Israel said it had struck Iran in a dramatic escalation of tensions in the Middle East. The price of the benchmark Brent crude rose more than 10%, reaching its highest...

Columbia Group CEO Mark O’Neil Calls for Stronger Focus on Inclusion in Shipping

Columbia Group CEO Mark O’Neil stressed that inclusion is essential for making diversity meaningful in the maritime industry. He highlighted Columbia's progress, including a 10% female seafarer workforce and near gender parity across...

Transpacific Capacity Grows as Blank Sailings Fall

Blank sailings are decreasing, with a notable drop expected on key East-West trade routes through July. Port congestion remains a major concern, particularly in Europe, Asia, and the U.S. West Coast. Transpacific capacity...

Strait of Hormuz Threatened as Israel-Iran Tensions Flare

Over 25% of China's LNG imports in 2024 came from Qatar, the UAE. China holds 15 LNG supply contracts with Qatar, the UAE. Chinese importers may be forced to purchase from spot market. The...

North Korea Claims Warship Revival Amid Global Doubt

North Korea announced it has repaired a second warship, claiming a significant naval restoration amid ongoing military tensions. International experts remain skeptical, citing lack of evidence and questioning the vessel’s true operational capabilities. ...

Oil Prices Surge 13% After Israel’s Strike on Iran, Touching 2-Month High

Crude oil prices surge 13% after Israel's military strike on Iran. Brent and WTI post single-day gains of over 5%, reaching 2-month highs. Indian energy stocks rise, with ONGC and Oil India gaining...

Chinese Captain Jailed in Taiwan for Undersea Cable Damage

Taiwan Court Sentences Captain Over Cable Sabotage Incident. Undersea Cable Damage Near Taiwan Leads to 3-Year Jail Term. Captain Found Guilty as Taiwan Reports Spike in Cable Incidents. A Taiwanese court has handed down...

India Issues Ultimatum as Oil Spill Threat Grows Off Kerala Coast

Environmental Threat Looms as Salvage Delays Continue Off Kerala Coast. Government Warns of Criminal Action Over Oil Spill Inaction. Delayed Response Misses Weather Window, Increases Pollution Risk. India’s Directorate General of Shipping (DGS) has...

Davie to Invest $1B in U.S. Shipyards to Support Arctic Fleet Development

Davie is set to acquire Gulf Copper’s shipbuilding assets in Texas, aiming to finalise the deal by summer 2025. The acquisition would expand Davie’s footprint across North America and position it for key...

COVID’s ‘Razor Throat’ Symptom Is Raising Alarms

A severe sore throat, nicknamed “razor blade throat,” is being reported in COVID cases, especially in China, but it’s not a new or unique symptom. Doctors confirm that COVID symptoms, including sore throat,...