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Video: Sanctioned Shadow Fleet Tanker Stuck by Containership off Turkey One of the mysterious tankers operating in the shadow fleet and sanctioned late last year was involved in an incident off Turkey late on Friday, March 7. Turkish authorities have not commented on the allision where the tanker was hit by a Turkish-owned containership, but…

USCG Cutter Polar Star Departs Antarctica Marking 49 Years of Operations   The U.S. Coast Guard Cutter Polar Star departed the Antarctic region Tuesday, March 4, after having spent 65 days south of the Antarctic Circle in support of Operation Deep Freeze 2025 the annual research and resupply mission. The Coast Guard highlights that the…

Sovcomflot Cites U.S. Sanctions as Profits Again Plummet in 2024 Russia’s energy shipping company Sovcomflot reported financial results on Friday, March 7, citing the continuing impact of Western sanctions on its operations and warning that the pressures on its operations were likely to increase this year. This came as Donald Trump posted on social media…

Weather Continues to Delay Salvage Efforts for MSC Baltic III   The Canadian Coast Guard provided an update on the ongoing operations to salvage the grounded containership MSC Baltic III saying the focus remains on the fuel aboard the ship and the prevention of environmental damage. While there is daily activity, the Coast Guard reports…

Cook Islands Politicians Question Role Supporting Shadow Fleet The Cook Islands as a registry of ships has become one of the topics of the reporting on the shadow fleet of tankers servicing the Russian oil industry. Now politicians in the small Pacific Island nation are questioning their role in the shadow fleet and how the…

Costa Concordia’s Infamous Captain Could Work at the Vatican on Parole Capt. Francesco Schettino, former captain of the lost cruise ship Costa Concordia, may soon be eligible for partial parole, and would have a day job waiting for him outside of prison. On January 13, 2012, the giant cruise ship Costa Concordia hit a rock…

Trump Pauses Tariffs on Mexico and Canada for Another Month   On Thursday, U.S. President Donald Trump paused American tariffs on Canada and Mexico for the second time. The pause is the latest in a long series of changes: his first administration negotiated a zero-percent tariff deal in 2019 – the U.S. Mexico-Canada Agreement (USMCA) –…

GAO: USCG’s Shore Maintenance Infrastructure Backlog Has Ballooned to $7B   Failure by the U.S. Coast Guard to invest in maintaining and renewing its crumpling shore infrastructure and a lack of funding from the U.S. Congress has resulted in a significant increase in the amount required to carry out the work. The Government Accountability Office…

Report: GPS Jamming Sent Bangladeshi Bulker Aground in Baltic   According to Bangladeshi media, a bulker ran aground near the Russian port of Ust-Luga in late December and remained on the rocks for weeks, despite appeals to the local authorities for assistance.  The previously-unreported casualty involved the Bangladeshi-owned and -crewed bulker Meghna Princess, operated by…

Lauritzen Bulkers Buys Canadian Breakbulk Firm and Looks to Positive 2025   Denmark’s Lauritzen Bulkers, one of the oldest operators tracing its roots back 140 years, reports it has acquired Alexander & Blake, a Canadian breakbulk and parcel shipping company. The deal comes as the company looks to rebound from what it called “unpredictable and…

Meyer Turku Names New CEO from Cargotec Replacing Tim Meyer Finnish shipbuilder Meyer Turku reported today that it has named Casimir Lindholm, the current President of Cargotec, to succeed family member Tim Meyer as CEO of the cruise ship builder. The move comes just weeks after the company also named former Wärtsilä CEO Jaakko Eskola as…