News

German authorities have reportedly seized a megayacht belonging to the Russian oligarch Alisher Usmanov, one of 26 associates of Russian President Vladimir Putin who were sanctioned by the European Union on Monday.  According to Forbes, the $600 million megayacht Dilbar was seized at the yard of...

Five out of the world's six biggest container lines have suspended bookings to and from Russian ports after the invasion of Ukraine, joining a rising number of Western companies that are cutting ties with the Russian economy. Blue-chip companies like Apple, BP, Shell, Equinor, General...

Florida International Terminal (FIT), a terminal operated by SAAM at Port Everglades, welcomed CMA CGM’s new service: CAGEMA Main Loop 2. The new service will be the only port of entry into the United States for the Marseille-based shipping line’s direct route to Jamaica and service...

The French Navy has intercepted and detained the Russian-flagged ro/ro Baltic Leader for suspected violations of EU sanctions on certain Russian companies.  The Baltic Leader departed Rouen on Friday morning and headed for the English Channel, bound for St. Petersburg, according to AIS tracking provided by...