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White House Weighs U.S. Backstop for Tanker Insurance Amid Gulf Shipping Crisis
White House Weighs U.S. Backstop for Tanker Insurance Amid Gulf Shipping Crisis President Donald Trump will review a set of policy options on Tuesday aimed at controlling energy prices during the escalating Middle East conflict, (Feed generated with FetchRSS) News Go to gcaptain
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Container Shipping: Gulf Booking Freeze Triggers Congestion Fears at Global Hubs
Container Shipping: Gulf Booking Freeze Triggers Congestion Fears at Global Hubs By Gavin van Marle (The Loadstar) – After ONE cancelled bookings to Middle East Gulf ports yesterday, its chief executive, Jeremy Nixon, told delegates (Feed generated with FetchRSS) News Go to gcaptain
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Reactive Hull Cleaning: The Hidden Cost of Abrasive Cleaning Methods on Hull Coatings
Reactive Hull Cleaning: The Hidden Cost of Abrasive Cleaning Methods on Hull Coatings In-water hull cleaning is often treated as a necessary operational response to heavy fouling. However, when cleaning is performed reactively (after (Feed generated with FetchRSS) Sponsored Go to gcaptain
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FedEx is seeking a full refund of the import tariffs it paid under former President Donald Trump’s emergency‑po… Go to asiacargonews
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Turkish Cargo has introduced its new aviation logistics product, TK Aero, at an event held at SmartIST in Istanbul,… Go to asiacargonews
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Etihad Cargo launches Etihad Cargo Excellence Hub
Etihad Cargo launches Etihad Cargo Excellence Hub Etihad Cargo, the cargo and logistics arm of Etihad Airways, announces the launch of the air cargo industry’s f… Go to asiacargonews
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Report: MSC and BlackRock Push to Complete Hutchison Deal for Port Ops
Report: MSC and BlackRock Push to Complete Hutchison Deal for Port Ops Nearly a year after the deal was first announced for a consortium of MSC Mediterranean Shipping Company and U.S. investment group BlackRock to acquire… The Maritime Executive Go to maritime executive
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Viking Stacks Orders to 2034 with More Expedition and Ocean Ships
Viking Stacks Orders to 2034 with More Expedition and Ocean Ships Reporting a strong financial performance in 2025 and a positive outlook as the brand continues to grow its fleet, Viking announced it has ordered two… The Maritime Executive Go to maritime executive
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Effects of Gulf Disruption Expected to Ripple Through Global Shipping
Effects of Gulf Disruption Expected to Ripple Through Global Shipping The shipping disruption from conflict in the Gulf region is only just getting started, according to new data from Clarksons and forecasts from multip… The Maritime Executive Go to maritime executive
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Belgium Fines Sanctioned Tanker €10M and Detains it for Safety Violations
Belgium Fines Sanctioned Tanker €10M and Detains it for Safety Violations Belgium announced during a press briefing on Tuesday, March 3, that it has completed its inspection of the tanker Ethera, which it detained overnight… The Maritime Executive Go to maritime executive
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Drone Strikes Reported in Fujairah and Duqm
Drone Strikes Reported in Fujairah and Duqm On Tuesday morning, drones hit an oil storage terminal at Fujairah, UAE, a key energy transshipment and bunkering hub for the Gulf region. Tank farm… The Maritime Executive Go to maritime executive
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Graham Little appointed Route and Business Development Director at Priority Freight
Graham Little appointed Route and Business Development Director at Priority Freight March 3, 2026 Go to aircargoweek
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Chapman Freeborn has been arranging emergency charters amid Middle East aviation disruptions
Chapman Freeborn has been arranging emergency charters amid Middle East aviation disruptions March 3, 2026 Go to aircargoweek
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Can global airlines withstand impact from Middle East airspace closure?
Can global airlines withstand impact from Middle East airspace closure? March 3, 2026 Go to aircargoweek
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Aurrigo granted licence to provide ground handling services at East Midlands Airport
Aurrigo granted licence to provide ground handling services at East Midlands Airport March 3, 2026 Go to aircargoweek
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Teesside Airport secures landmark airfreight deal
Teesside Airport secures landmark airfreight deal March 3, 2026 Go to aircargoweek
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United European Car Carriers lifts newbuild tally to four
United European Car Carriers lifts newbuild tally to four Oslo-based United European Car Carriers (UECC) is expanding its fleet with an order for two more eco-friendly car carriers in China. The shortsea roro operator, jointly owned by Wallenius Lines and Nippon Yusen Kaisha, has signed for a pair of 3,000 ceu vessels at China Merchants…
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Wallenius Wilhelmsen seals $190m contract renewal
Wallenius Wilhelmsen seals $190m contract renewal Oslo-listed roro and logistics group Wallenius Wilhelmsen has renewed a shipping contract with a global automotive distributor, locking in an estimated net freight value of about $190m. The deal runs for two years firm and includes a one-year mutual extension option. It also features a fixed surcharge covering multi-fuel…
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3,200 ships caught up in Hormuz paralysis
3,200 ships caught up in Hormuz paralysis VLCC freight surged to extraordinary theoretical levels on Monday as the war between Iran and the US‑Israel coalition roiled shipping in the Persian Gulf, with some 3,200 vessels stuck in the region. The benchmark TD3C from the Middle East to China was quoted at $423,700 a day, up…
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Zurich buys rival insurer Beazley
Zurich buys rival insurer Beazley Swiss insurance giant Zurich is buying British rival Beazley for £8.1bn ($10.8bn), having had an earlier £7.7bn bid rebuffed. Beazley, which features a significant marine portfolio, will be delisted from the London Stock Exchange but will remain a UK-based company. Mario Greco, Zurich’s chief executive, said: “Leveraging Beazley’s established Lloyd’s…
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Naftomar tied to suezmax deal as rates break the $300,000 mark in the Persian Gulf
Naftomar tied to suezmax deal as rates break the $300,000 mark in the Persian Gulf A suezmax deal concluded last week already looks well-timed amid a rapidly shifting geopolitical backdrop. Two years ago, UAE-based VLKR Ship Management acquired the 156,000 dwt Karvounis (built 2013, Sumitomo), paying $67.5m for the scrubber-fitted Japanese unit and renaming it…
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UK Government trialling regional approach to seafood planning
UK Government trialling regional approach to seafood planning by Martin Harvey Go to fishing news uk
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Deckhand Discovery Day for new recruits
Deckhand Discovery Day for new recruits by Martin Harvey Go to fishing news uk
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Oman ports targeted by drone attacks
Oman ports targeted by drone attacks Operations suspended at multiple Omani maritime facilities as drones target Duqm and Salalah. Gary Howard Go to seatrade maritime
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Ports at the forefront of economic war in the Gulf
Ports at the forefront of economic war in the Gulf The Arabian Gulf is a cul-de-sac with as many as six countries either totally dependent on ports in the region for critical supplies and to facilitate their exports. Nick Savvides Go to seatrade maritime
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AI expertise transfer platform aims to solve the shipping talent crisis
AI expertise transfer platform aims to solve the shipping talent crisis DOLGO, a startup supported by the NOAA-funded accelerator program, plans to incentivise expertise sharing to tackle the looming exodus of ageing shipyard workforce. Seatrade Maritime Go to seatrade maritime
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China Harbour Engineering Company wins Singapore port project
China Harbour Engineering Company wins Singapore port project Chinese engineering company is to design and build a barge terminal and container yard at Tuas Port Katherine Si Go to seatrade maritime
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MISC returns to Hudong-Zhonghua for up to four LNG carriers
MISC returns to Hudong-Zhonghua for up to four LNG carriers Hudong-Zhonghua Shipbuilding reaffirms partnership with MISC Berhad, LNG carrier orderbook rises to up to 10 vessels. Katherine Si Go to seatrade maritime
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PRIO gets its hands on operating license for Brazilian subsea tie-back project
PRIO gets its hands on operating license for Brazilian subsea tie-back project Brazilian oil and gas company PRIO, formerly known as PetroRio, has picked up an operating license for a subsea tie-back project in the Campos basin off the coast of Brazil. The post PRIO gets its hands on operating license for Brazilian subsea tie-back…
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Singapore firm pens multi-year LNG deal with Venture Global
Singapore firm pens multi-year LNG deal with Venture Global Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has secured a long-term LNG agreement with Singapore-headquartered Trafigura. The post Singapore firm pens multi-year LNG deal with Venture Global appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy…
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QatarEnergy turns off LNG and downstream production taps
QatarEnergy turns off LNG and downstream production taps Qatar’s state-owned oil & gas giant QatarEnergy has opted to clamp down on output by cutting off the production flow of liquefied natural gas (LNG) and associated products in the wake of the attack on Iran, which the U.S. and Israel launched over the weekend. The post…
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Former UK Trade Commissioner takes newly created Deputy CEO role at JDR
Former UK Trade Commissioner takes newly created Deputy CEO role at JDR UK-based manufacturer of subsea and power cables JDR Cable Systems, part of TFKable Group, has […] The post Former UK Trade Commissioner takes newly created Deputy CEO role at JDR appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Probe into North Sea rig incident ends
Probe into North Sea rig incident ends Norway’s state-owned energy giant Equinor has wrapped up its investigation into a well control incident that occurred on a semi-submersible rig working in the Norwegian sector of the North Sea. This incident is classified as being in the company’s highest category of severity. The post Probe into North…
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Carriers pause India-Middle East cargo bookings amid Persian Gulf port chaos
Carriers pause India-Middle East cargo bookings amid Persian Gulf port chaos While reefer trade is at the center of carrier booking suspensions because of its time-sensitive nature, many mainline carriers have put a stop to all Middle East shipments until further notice. Go to journal of commerce
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TPM26: Shipping waits for Houthi reaction to US/Israeli attacks on Iran
TPM26: Shipping waits for Houthi reaction to US/Israeli attacks on Iran An expert on Yemen told TPM26 the leadership of the Tehran-backed militant group appears to be split on how best to respond to the attacks on Iran that began over the weekend. Go to journal of commerce
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TPM26: Middle East conflict to ripple across global trade lanes: industry experts
TPM26: Middle East conflict to ripple across global trade lanes: industry experts As the war launched by the US and Israel against Iran extends into its third day, about 10% of the global container shipping fleet remains stranded inside the Persian Gulf or held up outside. Go to journal of commerce
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TPM26: Unpredictability the ‘operating model’ for Trump administration: economist
TPM26: Unpredictability the ‘operating model’ for Trump administration: economist The global chief economist for S&P Global Ratings told TPM26 the uncertainties that come with current White House policies are part of the mix when formulating economic forecasts. Go to journal of commerce
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TPM26: Iran conflict puts new risk on US economic growth: Yellen
TPM26: Iran conflict puts new risk on US economic growth: Yellen The ex-US Treasury Secretary said consumers could pull back on spending should crude oil and gasoline prices remain aloft due to the latest attacks on Iran by the US and Israel. Go to journal of commerce
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U.S. Forces Strike Iran’s First Drone Carrier IRIS Shahid Bagheri During Operation Epic Fury
U.S. Forces Strike Iran’s First Drone Carrier IRIS Shahid Bagheri During Operation Epic Fury Image for representation purposes only The United States Central Command (CENTCOM) confirmed that U.S. forces struck the Iranian drone carrier IRIS Shahid Bagheri in the Persian Gulf within hours of launching Operation Epic Fury on February 28, 2026. The vessel reportedly…
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Canadian Arctic And Norwegian Sea Become Emission Control Areas Under MARPOL Annex VI
Canadian Arctic And Norwegian Sea Become Emission Control Areas Under MARPOL Annex VI Image for representation purposes only The Canadian Arctic and the Norwegian Sea officially became Emission Control Areas (ECAs) on 1 March 2026 under MARPOL Annex VI. In the two new areas, ships must meet stricter emission limits on nitrogen oxides (NOx), sulphur…
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Satellite Images Show Iran’s Largest Naval Vessel IRINS Makran Smoking At Bandar Abbas
Satellite Images Show Iran’s Largest Naval Vessel IRINS Makran Smoking At Bandar Abbas Image Credits: Planet Labs PBC Satellite imagery captured on Monday shows Iran’s largest naval vessel, IRINS Makran, emitting heavy smoke while docked at the military harbor of Bandar Abbas, near the strategic Strait of Hormuz. The images, taken by US commercial satellite…
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Thousands Of Passengers Stranded On Six Cruise Ships In Middle East As Military Action Escalates
Thousands Of Passengers Stranded On Six Cruise Ships In Middle East As Military Action Escalates Image for representation purposes only Thousands of cruise passengers remain stranded aboard six ships docked in Dubai, Abu Dhabi and Doha after Middle East military tensions shut down airspace and halted sailings. Cruise operators have suspended departures as vessels are…
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Fire Erupts On U.S.-Flagged MT Stena Imperative After Suspected Iranian Strike In Bahrain, One Killed
Fire Erupts On U.S.-Flagged MT Stena Imperative After Suspected Iranian Strike In Bahrain, One Killed Image for representation purposes only A U.S.-flagged oil tanker docked in Bahrain was struck by suspected Iranian projectiles early Monday, killing one shipyard worker and injuring two others. The vessel, MT Stena Imperative, caught fire after sustaining aerial impact damage…
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Boat Test: 2026 Sanpan 2700 Split Bench With Windshield
Boat Test: 2026 Sanpan 2700 Split Bench With Windshield Visit Godfrey Pontoon Boats Build Your Godfrey Pontoon Find a Godfrey Dealer Overview Godfrey Marine’s Sanpan 2700 Split Bench with Windshield defines the phrase “high-zoot.” It’s a potent mix of power, speed and luxury; one with a bad need for speed yet also chock-a-block with amenities…
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Custom Catamaran Pushes Boatbuilding Limits
Custom Catamaran Pushes Boatbuilding Limits The aluminum Park Shark catamaran was built and equipped to make the 140-mile round trip from Key West to the Dry Tortugas National Park with comfort and speed, thanks to quad Suzuki 350 outboards. Courtesy Dometic If boats had personalities, Capt. Robert Trosset’s 35-foot custom aluminum catamaran, Park Shark, would…
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LNG Again Leads Alternative-Fuelled Newbuild Orders in February: DNV
LNG Again Leads Alternative-Fuelled Newbuild Orders in February: DNV Out of the 17 alternative-capable ships ordered in February, 14 of them were LNG-powered. Go to ship&bunker
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Middle East Disruption Extends Bunker Sample Transit Times
Middle East Disruption Extends Bunker Sample Transit Times Testing agency FOBAS advises vessels to retain bunker samples onboard and land them outside the affected region amid escalating disruption. Go to ship&bunker
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Bunker Holding Working on Alternative Supply Outside Gulf to Support Customers
Bunker Holding Working on Alternative Supply Outside Gulf to Support Customers Group CEO Peder Møller says shipping activity through the Strait of Hormuz has fallen sharply. Go to ship&bunker
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Iran Claims Strait of Hormuz is Closed, Warns Ships Will Be Targeted: Report
Iran Claims Strait of Hormuz is Closed, Warns Ships Will Be Targeted: Report An IRGC official warns that any vessel trying to pass the Strait will be set on fire. Go to ship&bunker
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INTERVIEW: SanctionCheck Launches Sanctions Compliance Platform for the Bunker Industry
INTERVIEW: SanctionCheck Launches Sanctions Compliance Platform for the Bunker Industry Sanctions compliance is a growing problem for the bunker industry where digital services can help, SanctionCheck CEO James Casey tells Ship & Bunker. Go to ship&bunker
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Norside Wind Selects Seaonics Motion-Compensated Crane for Norside Cygnus
Norside Wind Selects Seaonics Motion-Compensated Crane for Norside Cygnus Cranes Go to workboat365
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Zumaia Offshore to Upgrade ‘Bertha B’ To Next-Generation OSV
Zumaia Offshore to Upgrade ‘Bertha B’ To Next-Generation OSV Retrofit Go to workboat365
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Cochin Shipyard Cuts Steel for Pair of Polestar New Tugs
Cochin Shipyard Cuts Steel for Pair of Polestar New Tugs Ship & Boat Building Go to workboat365
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Video: EU forces board and seize ‘Russian shadow fleet’ oil tanker
Video: EU forces board and seize ‘Russian shadow fleet’ oil tanker Belgian forces, escorted by French naval helicopters, boarded and interdicted a sanctioned oil tanker in EU waters, moving it to Zeebrugge for seizure Jamey Go to rivieramm
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Adani Ports inaugurates India’s first VLCC terminal
India’s first dedicated very large crude carrier (VLCC) terminal has been inaugurated at the Port of Mundra in Gujarat, port operator Adani Ports and Special Economic Zone (APSEZ) said recently. The new terminal has been built with an exceptionally deep draught and advanced marine infrastructure, thus enabling it to handle some of the world’s largest…
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Blast injures six on vessel under inspection in Hong Kong dockyard
The Hong Kong Marine Department (HKMD) has confirmed that six people were injured as a result of an explosion on one of its vessels at a local dockyard on Monday, March 2. The incident occurred while the HKMD vessel was undergoing its annual inspection at a government-owned dockyard on Stonecutters Island in the late morning…
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Numerous factors cited in speedboat crash in British Virgin Islands
The Marine Safety Investigation and Reporting Authority (MSIRA) of the British Virgin Islands recently published its safety investigation report into the collision involving the speedboat Mojaito, which occurred on the night (local time) of July 26, 2025, in the Sir Francis Drake Channel south of Brandywine Bay, Tortola. The incident occurred when the speedboat collided…
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Cape Town Agreement on fishing vessel safety to enter into force in 2027
The 2012 Cape Town Agreement has met the requirements for entry into force and will enter into force in February 2027, the IMO said recently. The agreement sets out mandatory safety standards for more than 45,000 fishing vessels of 24 metres in length and over, according to FAO data, helping to prevent casualties, improve working…
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Gulf War Risk Insurance Pulled as Reinsurers Exit
Gulf War Risk Insurance Pulled as Reinsurers Exit The global marine insurance market is rapidly retrenching from the Persian Gulf as escalating military conflict between the United States, Israel, and Iran (Feed generated with FetchRSS) News Go to gcaptain
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Shipping Industry Demands Protections for Maritime Workers on Front Lines of Middle East Conflict
Shipping Industry Demands Protections for Maritime Workers on Front Lines of Middle East Conflict The escalating military conflict in the Middle East has placed seafarers and port workers on the front lines of a geopolitical crisis, prompting urgent calls (Feed generated with FetchRSS) News Go to gcaptain
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CENTCOM: US Forces Struck Iranian Drone Carrier Shahid Bagheri in Opening Hours of Iran Campaign
CENTCOM: US Forces Struck Iranian Drone Carrier Shahid Bagheri in Opening Hours of Iran Campaign Within hours of launching Operation Epic Fury on Iran, U.S. forces struck the Shahid Bagheri, Iran’s first dedicated drone carrier, according to the (Feed generated with FetchRSS) Defense Go to gcaptain
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Red Sea Corridor Slips Back Into Crisis as Houthi Threats Resurface
Red Sea Corridor Slips Back Into Crisis as Houthi Threats Resurface The brief reprieve in Red Sea shipping attacks ended this weekend as Yemen’s Houthi movement signaled an imminent return to targeting commercial vessels, (Feed generated with FetchRSS) News Go to gcaptain
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Strait of Hormuz Enters Active Crisis: Five Ships Hit, Traffic Collapses, Tanker Markets Brace for Historic Shock
Strait of Hormuz Enters Active Crisis: Five Ships Hit, Traffic Collapses, Tanker Markets Brace for Historic Shock The Strait of Hormuz has entered its most dangerous phase in years after a concentrated wave of missile and drone attacks struck five commercial vessels across (Feed generated with FetchRSS) News Go to gcaptain
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Search Underway for Missing Seafarers After Tug Sinks off South Africa
Search Underway for Missing Seafarers After Tug Sinks off South Africa Two merchant ships and a fishing boat are working alongside the South African Maritime Safety Authority (SAMSA) as the search continues for missing c… The Maritime Executive Go to maritime executive
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Norwegian Cruise Admits Misstep as it Issues Disappointing Outlook
Norwegian Cruise Admits Misstep as it Issues Disappointing Outlook Norwegian Cruise Line Holdings reported its fourth quarter and year-end financial results, and while it met or exceeded expectations, it disappointed… The Maritime Executive Go to maritime executive
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Iran Denies Involvement in Strike On Saudi Arabia’s Ras Tanura Refinery
Iran Denies Involvement in Strike On Saudi Arabia’s Ras Tanura Refinery Saudi Arabia has shut down processing at its gigantic Ras Tanura installation, part of the world’s largest oil port, after a reported Iranian drone a… The Maritime Executive Go to maritime executive
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DP World and APM Terminals, an independent subsidiary of A.P. Moller–Maersk, announced a strategic partnership in the… Go to asiacargonews
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Satellite Imaging Reveals Drone Strike Damage at US Navy Base in Bahrain
Satellite Imaging Reveals Drone Strike Damage at US Navy Base in Bahrain Damage to the U.S. Navy’s 5th Fleet base at Bahrain appears to be more significant than initially estimated, according to new satellite imaging analy… The Maritime Executive Go to maritime executive
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France Arrests Greenpeace Protestors Blocking Arrival of Cargo Ship
France Arrests Greenpeace Protestors Blocking Arrival of Cargo Ship Activists from the group Greenpeace France took to kayaks and Zodiacs on Monday morning, March 2, while others chained themselves to a lock gate in D… The Maritime Executive Go to maritime executive
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Jebel Ali Port Resumes Operations as Most Regional Ports Remain Operational
Jebel Ali Port Resumes Operations as Most Regional Ports Remain Operational After widespread reports of a possible missile strike and a fire at the Jebel Ali Port in Dubai, operations resumed on Monday. Most ports across the… The Maritime Executive Go to maritime executive
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Iran Threatens to Set Ships “On Fire” in Strait of Hormuz
Iran Threatens to Set Ships “On Fire” in Strait of Hormuz Iran’s senior leadership has announced a full shutdown of the Strait of Hormuz and threatened to “set on fire” any vessels passing the blockade. Mult… The Maritime Executive Go to maritime executive
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U.S.-Flagged Stena Tanker Hit by Iranian Missiles During Attack on Bahrain
U.S.-Flagged Stena Tanker Hit by Iranian Missiles During Attack on Bahrain A tanker supplying fuel to the U.S. military was damaged early on Monday morning, March 2, as Iran continued its retaliatory strikes on neighboring co… The Maritime Executive Go to maritime executive
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Rhenus Logistics is the strategic supply chain partner for Nando’s
Rhenus Logistics is the strategic supply chain partner for Nando’s March 2, 2026 Go to aircargoweek
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WFS completes acquisition of Aviapartner Cargo NV at Brussels Airport
WFS completes acquisition of Aviapartner Cargo NV at Brussels Airport March 2, 2026 Go to aircargoweek
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CILT(UK) reveals its annual 35 under 35 list for 2026
CILT(UK) reveals its annual 35 under 35 list for 2026 March 2, 2026 Go to aircargoweek
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IAG Cargo delivers 2025 revenues of €1,238 million
IAG Cargo delivers 2025 revenues of €1,238 million March 2, 2026 Go to aircargoweek
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Middle East airspace closures cut global air cargo capacity
Middle East airspace closures cut global air cargo capacity March 2, 2026 Go to aircargoweek
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MISC lifts Hudong-Zhonghua LNG series
MISC lifts Hudong-Zhonghua LNG series Malaysia’s MISC has increased its LNG newbuilding programme in China to five vessels after signing for two additional carriers at Hudong-Zhonghua Shipbuilding. The latest order covers a pair of 174,000 cu m newbuilds, which will be chartered to Malaysia’s national oil company Petronas under a 20-year contract. The long-term charter…
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BAL parent LC Logistics books $236m boxship duo
BAL parent LC Logistics books $236m boxship duo Hong Kong-listed LC Logistics has ordered two 11,000 teu containerships from China in a deal worth about $236m. The vessels will be built by Shanghai Waigaoqiao Shipbuilding in partnership with the trading arm China Shipbuilding Trading Company. The newbuilds are scheduled for delivery by November 30, 2028…
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Navigator fixes newbuild financing
Navigator fixes newbuild financing New York-listed Navigator Holdings has secured a $133.7m loan to finance two liquefied ethylene gas carriers under construction in China. The handysize LPG carrier specialist said subsidiaries Navigator Parsec and Navigator Pleione signed the facility agreement with ABN AMRO Bank, Crédit Agricole Corporate & Investment Bank and Nordea Bank Abp. The…
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Radziwill’s CTM adds firepower with new investors
Radziwill’s CTM adds firepower with new investors Bermuda-domiciled dry bulk operator C Transport Maritime has brought Japan’s Tokyo Century Corporation and Norway’s Barque onto its register as new shareholders. As part of the deal, both investors have taken equity stakes in the company and appointed representatives to the board. Financial details were not disclosed. CTM…
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Brazilian OSV giants OceanPact and CBO to merge
Brazilian OSV giants OceanPact and CBO to merge Brazilian offshore vessel owners OceanPact and CBO Group are set to combine their businesses in a move that will mark one of the most significant consolidation moves in Brazil’s offshore support vessel market in recent years. The companies said in a regulatory filing that the transaction will…
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US tanker struck twice in Bahrain port
US tanker struck twice in Bahrain port Fire extinguished onboard Stena Imperative after hits from two unknown projectiles in the Port of Bahrain. Gary Howard Go to seatrade maritime
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Shipping lines reroute from Red Sea avoiding Houthi threat
Shipping lines reroute from Red Sea avoiding Houthi threat Carriers abandon plans to return to Suez Canal route and reinstate to Cape of Good Hope diversions, while Arabian Gulf ports left isolated Nick Savvides Go to seatrade maritime
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Oil prices soar, war risk cover withdrawn in Arabian Gulf
Oil prices soar, war risk cover withdrawn in Arabian Gulf Shipping networks and insurance arrangements are undergoing significant disruption in the wake of US and Israeli attacks on Iran. Paul Bartlett Go to seatrade maritime
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Maritime in Minutes – February 2026 in review
Maritime in Minutes – February 2026 in review A round-up of the top maritime and shipping stories in February on the Seatrade Maritime Podcast. Marcus Hand, Gary Howard Go to seatrade maritime
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Hengli Heavy Industry inks contract for VLAC newbuild pair
Hengli Heavy Industry inks contract for VLAC newbuild pair The Chinese private shipbuilder has inked its first VLAC newbuilding order of the year Katherine Si Go to seatrade maritime
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Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms
Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned…
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More LNG for Europe as MET Group and Shell expand their long-term cooperation
More LNG for Europe as MET Group and Shell expand their long-term cooperation MET International, the trading and wholesale arm of Switzerland-headquartered energy company MET Group, and […] The post More LNG for Europe as MET Group and Shell expand their long-term cooperation appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Petronas hand-picks FPSO for Asian hydrocarbon redevelopment project
Petronas hand-picks FPSO for Asian hydrocarbon redevelopment project OceanSTAR Engineering Holding, part of Singapore-headquartered OceanSTAR Elite group of companies, has secured a new deal with Petronas Carigali (PCSB), a subsidiary of Malaysia’s energy giant Petronas, for the provision of lease, operation and maintenance of a floating production, storage, and offloading (FPSO) unit. The post Petronas…
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Shipping company secures fixed-rate e-methanol supply ahead of EU climate regulations
Shipping company secures fixed-rate e-methanol supply ahead of EU climate regulations European shipping company RFOcean has signed a binding long-term off-take agreement with ETFuels to […] The post Shipping company secures fixed-rate e-methanol supply ahead of EU climate regulations appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Two 2018-built vessels pick up North Sea gig with TGS
Two 2018-built vessels pick up North Sea gig with TGS Norwegian energy data and intelligence company TGS has hired two platform supply vessels (PSVs), managed by Norway’s shipping company, Remøy Shipping. The post Two 2018-built vessels pick up North Sea gig with TGS appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
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MSC downgrades India-Europe/Med network amid transshipment cargo lift woes
MSC downgrades India-Europe/Med network amid transshipment cargo lift woes The move comes as transshipment cargo handling declines are expected at Indian ports following a recent government decision to revoke the cabotage waiver that foreign-flag carriers have enjoyed since 2018. Go to journal of commerce
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Truckload capacity index moves up as large US carriers shuffle assets
Truckload capacity index moves up as large US carriers shuffle assets Cuts to traditional one-way service have been balanced by additional capacity in dedicated, specialized fleets. Go to journal of commerce
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Deadly Fire Kills One At US Navy’s Fifth Fleet HQ In Bahrain After Iranian Missile Strike
Deadly Fire Kills One At US Navy’s Fifth Fleet HQ In Bahrain After Iranian Missile Strike Image for representation purposes only An Iranian missile attack struck near the United States Navy’s Fifth Fleet headquarters in Manama, Bahrain, late Sunday, causing a fire that killed one worker and injured two others. Bahrain’s Ministry of Interior confirmed…
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Global Container Major Hapag-Lloyd Suspends Strait Of Hormuz Transits Amid Middle East Conflict
Global Container Major Hapag-Lloyd Suspends Strait Of Hormuz Transits Amid Middle East Conflict Image Credits: Hapag-Lloyd German container shipping major Hapag-Lloyd has suspended all vessel transits through the Strait of Hormuz following escalating military tensions in the Middle East. The company confirmed the move on Saturday, citing what it described as the “official closure” of…
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U.S Strikes Iranian Navy In Operation Epic Fury, Warships Hit At Bandar Abbas And Chah Bahar
U.S Strikes Iranian Navy In Operation Epic Fury, Warships Hit At Bandar Abbas And Chah Bahar Image Credits: US Centcom The United States and partner forces launched Operation Epic Fury on February 28, striking Iranian military infrastructure, including naval facilities at Bandar Abbas and near Chah Bahar. Satellite imagery and official statements indicate that at…
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Video: Belgium Seizes Sanctioned Russian ‘Shadow Fleet’ Tanker Ethera In North Sea Operation
Video: Belgium Seizes Sanctioned Russian ‘Shadow Fleet’ Tanker Ethera In North Sea Operation Image for representation purposes only Belgium has seized an oil tanker believed to be part of Russia’s so-called “shadow fleet” during a joint military operation in the North Sea. The vessel, identified as Ethera, was intercepted inside Belgium’s exclusive economic zone and…
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Iran Warns Ships To Avoid Strait Of Hormuz, Tankers Halt As Oil Prices Rise
Iran Warns Ships To Avoid Strait Of Hormuz, Tankers Halt As Oil Prices Rise Image for representation purposes only Commercial vessels navigating the Strait of Hormuz have received radio warnings from Iran’s Revolutionary Guards stating that no ship is allowed to transit the waterway. The warnings were reported on Saturday by an official from the…
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Boat Test: 2026 Formula 360 CBR Outboard
Boat Test: 2026 Formula 360 CBR Outboard Visit Formula Build Your Formula Find a Formula Dealer Overview Boating covered Formula’s sterndrive version of the 360 Crossover Bowrider (CBR) in the 2026 Boat Buyers Guide issue. I had the privilege of sitting behind the helm of that exciting new model and learned it lived up to…