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Russian Oil Tankers U-Turn and Then Halt Near France After Storm
By Julian Lee, Francois de Beaupuy and Alex Longley (Bloomberg) — Two oil tankers hauling crude from…
Seafarer Happiness Index Shows First Decline in 2024, Port Access Restrictions Key…
The Mission to Seafarers’ latest Seafarers Happiness Index reveals a decline in seafarer satisfaction to…
NYK Group Launches CO2 Removal Initiative, Targets 100,000-Ton Emissions Cut by…
Japanese shipping giant NYK Group announced today its strategic implementation of carbon dioxide removal…
Russia’s Ust-Luga Oil Exports Fall to 4-year Lows in January
MOSCOW, Jan 27 (Reuters) – Russia’s Ust-Luga port cut its oil loadings by half of its capacity in January…
Baltic Index Falls to Near Two-Year Low on Weaker Vessel Rates
Jan 27 (Reuters) – The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships…
Red Sea Crisis Pushes Shipping Stores and Spares Costs Higher
The maritime industry has experienced mounting cost pressures in the past year as vessels reroute around…
Coast Guard Icebreakers Free Trapped Bulk Carrier ‘Manitoulin’ on Lake Erie
U.S. and Canadian Coast Guard vessels successfully freed the Canadian-flagged bulk carrier Manitoulin after…
ITF: Seafarer Abandonments Skyrocket in 2024 to Record Highs
By Lori-Ann LaRocco – New data released by the International Transport Workers’ Federation (ITF) shows a…
Indonesia, India Vow to Deepen And Increase Maritime Cooperation
By Sudhi Ranjan Sen and Prima Wirayani Jan 25, 2025 (Bloomberg) —Indonesia and India will step up their…
Baltic Undersea Cable Between Latvia And Sweden Damaged By External Force
By Andrius Sytas VILNIUS, Jan 26 (Reuters) – An undersea fiber optic cable between Latvia and Sweden…