Lessons Learned: Tow-line Failure Leads to Grounding & Sinking of Tug

The Bahamas Maritime Authority reports the grounding and subsequent sinking of a tug. What happened On 25 March 2024, the Bahamas-flagged tug Heroic I departed...

Yangzijiang Maritime Accelerates Expansion with Joint Venture Orders for Eight Newbuild...

As a newly listed shipbuilder, more details have emerged about Yangzijiang Maritime Development Co., Ltd.’s newbuilding plans. Maersk Tankers and Singapore’s Alpha Omega are...

Uncertain Policies and Rising Tariffs Set U.S. Ports on a Difficult...

The US ports sector is preparing for a tough year ahead due to tariffs, unpredictable policies, and declining consumer demand, which could reverse recent...

FuelEU, MRV, ETS and IMO DCS Deadlines Outlined for 2025–2026 Compliance

IMO DCS & CII emissions data required by 31 March 2026. FuelEU reports due from January to April 2026. EU MRV data must...

Oil Market Near Surplus as Tanker Rates Hold Firm

Oil on water hits highest level since 2020. Floating storage rises but far below pandemic peak. IEA warns surplus could reach 4 mbd...

Fire Triggers Major Emergency at Port of Los Angeles as Crew...

All 23 crew evacuated safely with no injuries reported. Hazardous materials were discovered in multiple cargo bays. Firefighters were barred from below deck...

Sanctioned Russia LNG Cargo Heads to Suez on Shadow-Fleet Vessel

Tanker linked to covert sanctions-evading fleet tracked near Suez. Shipping sector watches Red Sea risks after Houthi attacks. Russian LNG carriers choosing hazardous...

U.S.–China Hold Frank and Constructive Maritime Security Talks in Hawaii

China rejects U.S. freedom-of-navigation operations. Both sides review naval and air encounter cases. U.S. flags concerns over China’s moves near Taiwan. This week, the...

Drewry Tracker Warns of Rising Disruptions on Key Trade Lanes

The Drewry Cancelled Sailings Tracker is a weekly monitoring tool designed to help shippers, logistics managers and supply chain planners understand shifts in container...

NCFI Downturn Led by Steep Drop on Middle East Trade Lane

Global container shipping markets saw mixed performance this week, with the Ningbo Containerised Freight Index (NCFI) showing divergent trends across its major trade lanes,...