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Updated: 20 hours 8 min ago

China Launches Military Drills Around Taiwan Amid Tensions With Japan

Sun, 12/28/2025 - 18:49
BEIJING, Dec 29 (Reuters) – China’s military moved army, naval, air force and rocket force units around Taiwan on Monday for its “Just Mission 2025” drills, aimed at testing combat readiness and...
Categories: Maritime News

After Trump Strike On Terrorists, Nigeria Says Open To More

Sat, 12/27/2025 - 13:33
By Ruth Olurounbi and Eric Martin Dec 26, 2025 (Bloomberg) –After the US warned that more strikes may follow its surprise Christmas Day attack on suspected terrorist targets in Nigeria, officials...
Categories: Maritime News

Crop Trader Sucden Shuts Cocoa Buying Center In Ivory Coast Port

Sat, 12/27/2025 - 09:40
By Baudelaire Mieu Dec 24, 2025 (Bloomberg) –French crop trader Sucres et Denrées SA, a major cocoa buyer, has closed its operations in Ivory Coast’s port of San Pedro, according to...
Categories: Maritime News

Billions in Limbo: Offshore Wind Industry Reels as Trump Administration Halts Major Projects

Fri, 12/26/2025 - 08:47
The Trump administration’s abrupt decision this week to suspend construction on five major offshore wind projects has sent shockwaves through the energy sector, leaving billions of dollars in investments hanging...
Categories: Maritime News

Container Shipping Rates Extend Gains as Year-End Demand Surges

Fri, 12/26/2025 - 08:21
Global container shipping rates climbed 1% this week to $2,213 per 40-foot container, marking the fourth consecutive weekly increase as carriers capitalized on sustained demand across major trade routes heading...
Categories: Maritime News

‘Scrapped’ Tanker Rises From the Dead: Inside Venezuela’s Expanding Zombie Fleet

Fri, 12/26/2025 - 08:09
A 27-year-old crude tanker that was supposedly scrapped in 2021 is due to reach Venezuela late this week, according to ship-tracking data, in the latest example of how the South American country keeps its embattled oil industry alive.
Categories: Maritime News

Global Trade Braces for the Hangover After Trump’s Tariff Year

Fri, 12/26/2025 - 07:59
The global trading system, which is finishing up one of its most transformational years of the past century, heads into another facing more challenges to stability and growth.
Categories: Maritime News

First Look: Kim Signals New Era for North Korea’s Navy With Nuclear-Powered Submarine

Fri, 12/26/2025 - 04:23
North Korean leader Kim Jong Un observed construction of a submarine with his daughter, a potential heir, and oversaw the test-firing of long-range surface-to-air missiles, state media reported on Thursday.
Categories: Maritime News

White House Orders U.S. Military to Enforce Venezuela Oil ‘Quarantine’ 

Fri, 12/26/2025 - 04:15
The White House has ordered U.S. military forces to focus almost exclusively on enforcing a "quarantine" of Venezuelan oil for at least the next two months, a U.S. official told Reuters, indicating Washington is currently more interested in using economic rather than military means to pressure Caracas.
Categories: Maritime News

Hanwha Signals Philly Shipyard Ready to Build U.S. Nuclear Submarines

Fri, 12/26/2025 - 03:09
Hanwha's Philly Shipyard has the capability of building a nuclear-powered submarine for the U.S.Navy, said Alex Wong, global chief strategy officer at Hanwha Group, according to a statement from the South Korean company on Thursday.
Categories: Maritime News

Venezuela Passes 20-Year Prison Law Targeting ‘Piracy’ and ‘Blockades’ After Tanker Seizures

Wed, 12/24/2025 - 11:04
Venezuela's ruling-party controlled National Assembly unanimously approved a law on Tuesday that allows prison sentences of up to 20 years for anyone who promotes or finances what it describes as piracy or blockades.
Categories: Maritime News

Ukraine Warns Food Exports at Risk After Russia Drone Strikes on Ports

Wed, 12/24/2025 - 09:28
Ukraine's food exports have already been harmed by intensified Russian attacks on ports this month, which could lead to a significant drop in trade despite efforts to divert shipments to rail, a Ukrainian farmer's union said on Wednesday.
Categories: Maritime News

India Already Cutting Russian Oil Imports by 50% After US Talks, White House Official Says

Thu, 10/16/2025 - 22:02
The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House official told Reuters on Thursday.
Categories: Maritime News

Chinese Sanctions on Hanwha’s US Shipbuilding Units Aim to ‘Coerce’ South Korea, State Dept Says

Thu, 10/16/2025 - 22:00
Chinese sanctions imposed this week on U.S. affiliates of shipbuilder Hanwha Ocean 042660.KSaim to undermine South Korea-U.S. cooperation and "to coerce" Washington's Asian ally, a U.S. State Department spokesperson said on Friday.
Categories: Maritime News

Lloyd’s Register Unveils First Comprehensive Roadmap for Nuclear-Powered Commercial Shipping

Thu, 10/16/2025 - 13:05
Lloyd’s Register has published new guidance providing the maritime industry’s first detailed framework for integrating nuclear technology into commercial shipping and offshore operations, addressing regulatory gaps as the sector pursues...
Categories: Maritime News

‘Outraged’ Trump Tells Nations to ‘Vote No’ on Shipping’s Carbon Tax at IMO

Thu, 10/16/2025 - 12:40
President Donald Trump has issued a stark warning to nations supporting a global carbon tax on shipping, threatening economic retaliation as the International Maritime Organization votes on its Net-Zero Framework...
Categories: Maritime News

ABS Scales Cutting-Edge Immersive Maritime Training with Strategic Acquisition of MetaSHIP from Orka Informatics

Thu, 10/16/2025 - 11:20
Training at Sea Reimagined Using Game-Based Learning:ABS Launches Training Solutions to Meet Global Skills Demand In a landmark deal to deliver immersive, next-generation training at scale to the maritime industry,...
Categories: Maritime News

US, UK Ramp Up Pressure on India and China to Cut Russian Oil Imports

Thu, 10/16/2025 - 10:17
Western powers have ramped up pressure on Russia's oil sales amid its war with Ukraine as U.S. President Donald Trump said India would stop buying and Britain imposed sanctions on top Russian oil firms.
Categories: Maritime News

Washington Moves to Weaken IMO Climate Plan with Last-Minute Rule Change

Thu, 10/16/2025 - 09:50
The US made a proposal at talks held by the global shipping regulator to introduce another step in adopting a charge on vessel emissions if countries vote for it this week, as Washington continues to oppose the planned new rules.
Categories: Maritime News

Baltic Exchange Launches New Canadian Crude Tanker Routes as Geopolitics Reshape Energy Trade

Thu, 10/16/2025 - 09:44
The Baltic Exchange has launched two new Aframax tanker benchmarks tracking Canadian crude exports to Asia, marking a direct response to shifting global trade dynamics and escalating geopolitical tensions. TD28...
Categories: Maritime News