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Maritime News
Updated: 10 hours 46 min ago

Resolve Marine Mobilizes Salvage Team to Combat Fire on Car Carrier Off Alaska

Thu, 06/05/2025 - 10:19
Zodiac Maritime has appointed Resolve Marine to lead salvage operations for the vehicle carrier Morning Midas, which continues to burn approximately 300 miles south of Adak, Alaska. The incident began...
Categories: Maritime News

Red Sea Shipping Traffic Rises After Houthis Narrowed Targets

Thu, 06/05/2025 - 09:58
Red Sea marine traffic has increased by 60% to 36-37 ships a day since August 2024, but is still short of volumes seen before Yemen's Houthis began attacking ships in the region, according to the commander of the EU's Aspides naval mission.
Categories: Maritime News

Transpacific Freight Rates Surge Amid Trump Tariff Turmoil

Thu, 06/05/2025 - 08:13
Global container shipping rates have seen a dramatic upturn, with Drewry’s World Container Index climbing 41% this week to reach $3,527 per 40ft container. This increase stems from President Trump’s...
Categories: Maritime News

Burning Ship Abandoned in Pacific Carried Several Chinese Car Brands

Thu, 06/05/2025 - 04:56
A cargo ship that was abandoned in the middle of the Pacific Ocean after catching fire Tuesday was carrying cars from several Chinese automakers, according to people familiar with the matter.
Categories: Maritime News

Photos: Car Carrier ‘Morning Midas’ Catches Fire with Electric Vehicles Off Alaska

Wed, 06/04/2025 - 14:08
The U.S. Coast Guard is coordinating response efforts after a fire broke out aboard the vehicle carrier Morning Midas approximately 300 miles south of Adak, Alaska. The response began when...
Categories: Maritime News

Severe Weather Causes $2 Million Towing Vessel Casualty Near Galveston

Wed, 06/04/2025 - 11:52
The National Transportation Safety Board (NTSB) has released its findings on the capsizing and sinking of the towing vessel Baylor J. Tregre near Galveston, Texas, which occurred on May 13,...
Categories: Maritime News

Iran Oil Flows to China Fall on Sanctions, Refinery Maintenance

Wed, 06/04/2025 - 10:13
Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in the world’s biggest fossil fuel importer.
Categories: Maritime News

U.S. Coast Guard’s New Arctic Icebreaker USCGC Storis Sets Sail on Maiden Voyage

Wed, 06/04/2025 - 09:41
The U.S. Coast Guard has marked a significant milestone in its Arctic capabilities with the maiden voyage of its newest icebreaker, USCGC Storis (WAGB 21), departing from Pascagoula, Mississippi. The...
Categories: Maritime News

Greek Court Charges 17 Coast Guard Officers Over 2023 Migrant Shipwreck

Sat, 05/24/2025 - 19:25
ATHENS, May 23 (Reuters) – A Greek naval court has charged 17 coast guard officers over one of the Mediterranean’s worst shipwrecks two years ago, in which hundreds of people are believed...
Categories: Maritime News

North Korea Detains Officials Over Warship Accident

Sat, 05/24/2025 - 16:29
SEOUL, May 25 (Reuters) – North Korea has detained shipyard officials responsible for a recent major accident during the launch of a new warship, state media said on Sunday. The failed launch that crippled...
Categories: Maritime News

Panama-Flagged Vessels Must Notify Authority Of Ship-To-Ship Transfers

Sat, 05/24/2025 - 16:06
By Elida Moreno PANAMA CITY, May 23 (Reuters) – Panama’s Maritime Authority said on Friday it will reinforce controls for ship-to-ship operations by Panama-flagged vessels, following an increase in the use of...
Categories: Maritime News

US Regulators Greenlight Construction Of Venture Global CP2 LNG Plant In Louisiana

Sat, 05/24/2025 - 14:19
By Curtis Williams HOUSTON, May 23 (Reuters) – U.S. regulators have given Venture Global VG.N permission to proceed with construction of its CP2 liquefied natural gas (LNG) plant in Louisiana, a FERC document showed on Friday....
Categories: Maritime News

Second Officer Charged in Containership’s Grounding Near Norwegian Home

Fri, 05/23/2025 - 12:32
A Ukrainian Second Officer has been charged with negligent navigation under Norway’s Ship Safety and Security Act after the containership NCL Salten ran aground near Trondheim on Thursday. The officer,...
Categories: Maritime News

U.S. Coast Guard Releases Footage of Titan Sub’s Final Moments

Fri, 05/23/2025 - 12:21
The U.S. Coast Guard has released footage documenting the final moments of OceanGate’s Titan submersible, capturing the instant the vessel was lost during its descent to the Titanic wreck site....
Categories: Maritime News

Poland Says Key Infrastructure at Risk After Baltic Sea Incident

Fri, 05/23/2025 - 11:35
Polish Prime Minister Donald Tusk warned on Thursday that the Baltic Sea is becoming “a new area of confrontation” with Russia, putting the country’s critical infrastructure increasingly at risk.
Categories: Maritime News

Markets Rattle as Trump Escalates Trade Threats Against EU, Apple

Fri, 05/23/2025 - 09:10
U.S. President Donald Trump threatened on Friday to ratchet up his trade war once again, pushing for a 50% tariff on European Union goods starting June 1 and warning Apple he may slap a 25% levy on all iPhones bought by U.S. consumers.
Categories: Maritime News

North Korea Launches Probe into Warship Launch Fail

Fri, 05/23/2025 - 09:01
North Korea has begun a full-scale investigation into the accident that occurred during the launch of a warship this week, state media KCNA reported on Friday.
Categories: Maritime News

Frontline Posts $33M Profit as Tanker Market Weathers Geopolitical Storms

Fri, 05/23/2025 - 08:54
Frontline plc reported a profit of $33.3 million for the first quarter of 2025, with revenues reaching $427.9 million. The tanker company continues to demonstrate resilience in a market characterized...
Categories: Maritime News

ABS Grants Approval for First U.S. Liquefied CO2 Barge Design

Fri, 05/23/2025 - 08:23
Classification society ABS has awarded approval in principle (AIP) to Overseas Shipholding Group, Inc. (OSG) for its groundbreaking liquefied carbon dioxide (LCO2) barge design. The vessel, designed as an articulated...
Categories: Maritime News

Equinor and Polenergia Secure €7.2 Billion Financing for Major Polish Offshore Wind Projects

Fri, 05/23/2025 - 08:13
Equinor and Polenergia have reached financial close on their Ba?tyk 2 and Ba?tyk 3 offshore wind projects, securing over €6 billion in project financing. The joint venture partners, with equal...
Categories: Maritime News