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Updated: 14 hours 35 min ago

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