US Forces Raided Ship Headed to Iran from China in Indian Ocean
Special operations raid conducted in the Indian Ocean.
Military-related components seized and destroyed.
The cargo was en route from China to Iran.
Last month, a US special operations team intercepted a vessel in the...
Australia Clears Hanwha Stake Increase in Austal With Conditions
Deal approved under strict data and security controls.
Government cites national interest and defence safeguards.
Board access and information sharing are tightly restricted.
On Friday, Australia announced that it wouldn't stand in the way...
Rising Capacity Pressures Container Freight Rates
Red Sea transits add fresh downward rate pressure.
US fronthauls are most exposed to softening demand.
Mediterranean remains the strongest-performing lane.
Container freight markets are under increasing strain as capacity is growing at a...
Russia Crude Exports Face Growing Fleet Constraint
Sanctions accelerate retreat of Western-linked vessels.
Freight rates signal worsening tonnage availability.
Shadow fleet expansion is unlikely to fully close the gap.
Russia is finding it increasingly difficult to maintain its crude exports, primarily...
IMO Reaffirms Maritime Security Push at Nairobi Meet
EU-Backed Maritime Projects Show Strong Results.
Drug Seizures and Arrests Highlight Operational Impact.
IMO Showcases Capacity Building Initiatives.
The International Maritime Organisation has once again pledged to enhance maritime security in the Red Sea,...
The Human Firewall: Securing the Crew, Safeguarding the Ship
The growing digitalisation of shipboard systems has elevated cyber risk to a core operational concern for shipowners and managers. As highlighted in the publication, while technological safeguards continue to evolve, the most decisive factor...
ENEOS, NYK, ABS & SEACOR Begin U.S. Methanol Bunkering Study
American Bureau of Shipping (ABS), ENEOS Corporation, Nippon Yusen Kabushiki Kaisha (NYK Line), and SEACOR Holdings Inc. have launched a joint study to develop a methanol bunkering and supply chain network along the U.S....
Containership Loses Suffers Major Cargo Loss Near Canary Islands
A Singapore-flagged containership reported a major cargo loss after encountering severe weather south of the Canary Islands off Maspalomas. The vessel lost approximately 45 containers, while several containers were crushed under the weight of...
ABB, Siemens and IBM Accelerate the Shift Toward Smart Ports
The global smart port market is projected to rise from USD 2.23 billion in 2024 to USD 7.95 billion by 2030 at a CAGR of 25.8%, according to Research and Markets, reports Port News.
With...
Zodiac and Wuhu Seal Fresh Containership Orders in China
Zodiac Maritime has placed an order for six 9,000-TEU containerships with Jiangsu Hantong Heavy Industry. These vessels are intended to support Zodiac’s continued global fleet expansion, with deliveries expected in the second half of...