Fees on China-built ships may or may not be implemented and questions remain about who will pick up the bill Related StoriesIf US taxes Chinese ships, liners could pull capacity from US portsNew trade war salvos offer rate respite before demand divesCan the P&I market handle...
Finnish authorities confirmed in a statement on Sunday, March 2, that they have released the product tanker Eagle S that it has been detaining since a December 25 incident with damage to undersea transmission cables. They determined that the seizure could be canceled in part after...
China the most zealous detainer of ships globally, concerns rise over state of US imports on transpacific spot rate slump...
On Saturday, Guyana mobilized its military assets after Venezuelan navy reportedly entered its territorial waters. In a live address, Guyanese President Irfaan Ali said that a Venezuelan Coast Guard patrol ship was positioned within Exxon's Stabroek Block lease area, off the Atlantic coast of Guyana. The patrol...
Dark fleet safety fears not reflected in ship detention rates | US-sanctioned LPG shipper ‘categorically’ denies wrongdoing | Norway’s regulators...
In its latest quarterly report, Japanese industrial conglomerate Mitsubishi revealed that it is taking a $340 million hit in connection with the reduced prospects of its domestic offshore wind portfolio, which it has placed under review. Mitsubishi Corporation has announced plans to restructure its offshore wind portfolio in Japan,...
There are a lot of negatives for container shipping: falling spot rates, looming overcapacity from the Red Sea reopening, a...
Excitement over the impending departure of the famed ocean liner ss United States was building last week before a further delay appeared prolonging her stay in Philadelphia. The new owners of the liner, Florida's Okaloosa County, have been trying for months to start the final...
Geopolitical tensions are deepening and global maritime trade is being caught in the crossfire, both literally and figuratively. Freedom of...
[By Windward] Windward, the leading Maritime AI company, today announced the launch of its Critical Maritime Infrastructure Protection solution, a first-of-its-kind AI-powered solution designed to protect the world's essential maritime infrastructure including cables, pipelines, and rigs against growing threats. Recent suspected attacks on undersea cables globally, as...
