News

Resolving any ambiguity about whether Yemen's Houthi rebels may have agreed to a shipping ceasefire, the group announced Monday that it will begin targeting shipowners who serve the port of Haifa, effective immediately.

The more recent incident unfolded early Saturday at Puerto Nuevo Channel's N Wharf, where the Marshall Islands-flagged chemical tanker Scot Stuttgart suffered an engine room fire while berthed alongside. The tanker first reported an auxiliary engine fire to the Coast Guard at about 0345 hours. 

Pennsylvania, located in the northeast United States, is extending a novel incentive program it operates rewarding carriers for each container they land in the state’s ports. According to state officials, the decade-old program supports tens of thousands of jobs and spurs economic growth.

Emden Werft and Dock, which has been a provider of repair and conversion services for over 100 years, is set to become Germany’s first maritime recycling facility. According to The Munich Eye, the shipyard located on the Ems River in Western Germany near the border with the Netherlands recently received final government approvals to add a recycling element to its business.

China's "invasion barges" may be even more capable than previously assumed, according to a new analysis published by the Wall Street Journal.

On Saturday evening, a U.S. Coast Guard boat crew shot out the engine of a high-speed smuggling boat off Point Loma after the vessel ignored repeated commands to stop and be boarded. 

Despite the continued attacks by Russian forces, grain exports from the three ports in the Greater Odesa region have now exceeded pre-war levels, report Ukrainian officials. They stated that volumes have continued to grow steadily and are providing a critical portion of the country’s economy.

The first vessel of the new segment of methanol-fueled bulkers was officially delivered in Japan on May 13. Owned by Kambara Kisen and operating under charter to NYK Bulk & Projects Carriers, the vessel was given the fitting name of Green Future.

It has been revealed that the Aliağa Municipality purchased the area where the ship dismantling facilities are located from Emlak Konut for 10.06 billion Turkish Lira, excluding VAT. According to the sales agreement, 26% of the payment will be made upfront, while the remaining amount will be paid in eight installments.

Following the newly-announced pause on the White House's 145 percent tariff on Chinese goods, many American importers are rushing to pay a lesser amount and get their goods into the United States now, avoiding the risk that the levy might go up again in future negotiations with Beijing.

The Kassø e-methanol facility in Aabenraa, Denmark, has been officially inaugurated and is ready to deliver e-methanol to key customers including Maersk. The facility, which was built through a partnership between European Energy and Mitsui & Co., is being billed as the world’s first large-scale commercial e-methanol facility.

Continuing its strategy to pressure Iran, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the latest round of sanctions. The newest targets are a network of nearly two dozen companies, which the U.S. contents are mostly fronts or in support of Iran’s Ministry of Defense and Armed Forces Logistics to provide funds through the transport and sale of oil products to China. 

The International Transport Intermediaries Club (ITIC) is highlighting how it stepped in to aid one of its customers when a simple oversight racked up large fees. The provider of professional indemnity insurance settled a claim that it acknowledges was a lack of communication that led to a simple oversight.

Plans were announced laying the groundwork for the creation of a transshipment hub in the Dominican Republic. It comes at a critical time as shippers consider steps to manage the Trump policies ranging from tariffs to port fees for Chinese-built ships. 

The Russian government mapped out its ambitious plans to modernize and expand its national fleet to counter the impact of foreign sanctions and restrictions. The shipbuilding industry is one of the hardest hit by the restrictions on exports of advanced technology and machinery to Russia since the start of the war in Ukraine.

In what appears to be a surprise development in the two-year-old case related to the damage of a gas pipeline in the Baltic, China on Thursday charged the captain of the containership suspected in the incident with a criminal charge related to the incident.

Worn-out mooring lines that were not replaced on time are being called the reason a US-flagged cargo RoRo broke free from its dock and out-of-control hit a pier and dry dock at the Port of Bremerhaven in Germany.

The Getting to Zero Coalition, a non-profit focusing on decarbonization of the maritime industry, released its first benchmarking as a tool to assess and document the collective actions of members.

Maersk, the largest publicly-traded container carrier and logistics company, cited the “increasingly volatile environment,” telling investors that it expects volume growth in the global container market will slow and possibly even be negative in 2025.

Yemen's Houthi rebels may have agreed to a ceasefire with the United States, but it appears to be off to a less-than-friendly start. On Wednesday, a Houthi spokesman said that the group had attacked the carrier USS Harry S. Truman on the day of the ceasefire announcement, causing the loss of a $60 million F/A-18 Super Hornet strike fighter.