Maritime News

Collins warns Fed may need to raise rates if inflation persists

Boston Federal Reserve President Susan Collins said on Wednesday the U.S. central bank may need to raise interest rates …

13 May 2026

Industrial production up by 0.2% in the euro area and by 0.8% in the EU

In March 2026, compared with February 2026, seasonally adjusted industrial production increased by 0.2% in the euro area…

13 May 2026

Eurozone Growth Slows to 0.1% in Q1 2026

Eurozone economic growth was confirmed at 0.1% in the first quarter of 2026, marking the weakest expansion since Q2 2025…

13 May 2026

Weekly Vessel Valuations Report, May 12 2026

Bulkers: The secondhand Bulker market remained active this week. Modest value increases occurred across Bulker segments,…

13 May 2026

Weekly Tanker Time Charter Estimates, May 13 2026

13 May 2026

Trump Heads to Beijing as Iran Expands Control Over Strait of Hormuz

U.S. President Donald Trump has said he does not expect to need China's help to end the war in Iran and ease Tehran's gr…

13 May 2026

Africa’s Farmers Brace for Food Crisis as Hormuz Fertilizer Flows Collapse

Landlocked and surrounded by richer, more powerful neighbors, Malawi has long been a victim of geography and economics. …

13 May 2026

Record $2.25 Billion Settlement Reached in Baltimore Key Bridge Collapse Case

The State of Maryland has finalized a $2.25 billion settlement with the owner and operator of the containership Dali, ma…

13 May 2026

Hapag-Lloyd Swings to Loss as Strait of Hormuz Chaos and Weather Delays Hit Shipping

Container shipping giant Hapag-Lloyd reported a sharp deterioration in first-quarter earnings on Tuesday, blaming severe…

13 May 2026

US broker lawsuit expands into ‘blacklist’ claims against major logistics firms

A largely unreported US federal lawsuit against Uber Freight, Amazon Logistics, CH Robinson and several other major frei…

13 May 2026

OOCL Appeals $45 Million FMC Judgment in High-Stakes Pandemic Shipping Case

Shippers will be watching with bated breath following OOCL’s decision to challenge the record $45m fine it was handed by…

13 May 2026

GENMA Secures Crane Contract for JSW Kolkata Terminal

GENMA has won a major equipment supply order from JSW Kolkata Container Terminal Pvt Ltd to deliver three Ship-to-Shore …

13 May 2026

APSEZ Accelerates Vizhinjam Phase II Amid Transshipment Boom

Adani Ports and Special Economic Zone (APSEZ) has fast-tracked the Phase II expansion of Vizhinjam International Seaport…

13 May 2026

Vizag Port Leads India’s Seafood Exports

Visakhapatnam Port has maintained its position as India’s top marine export gateway, processing a record 5.12 lakh metri…

13 May 2026

MOL Charts Course for Stability and Growth Under New CEO Jotaro Tamura

Phase 2 of BLUE ACTION 2035 aims to double profit to ¥420 billion by 2030, with stable revenues increasing from 17% to 3…

13 May 2026

Iran-Linked LPG Tanker Sails Past US Navy’s Blockade Line

A liquefied petroleum gas carrier, which has previously ferried Iranian cargoes, has sailed past the blockade boundary a…

13 May 2026

World’s 2nd Largest Shipowner Eyes Shipbuilding, RORO Terminals & Logistics Expansion In India

The world’s second biggest ship owner by fleet size, Japan’s Mitsui OSK Lines (MOL), is planning to build ships in India…

13 May 2026

U.S, Philippines & Partner Nations Sink 2 Decommissioned Ships In Balikatan Exercise

Forces of the U.S, the Philippines, Japan and Canada combined their air-land and sea systems to sink two decommissioned …

13 May 2026

U.S Navy To Procure 15 Battleships By 2055 & 80 Robot Boats In Next 5 Years

The U.S Navy plans to procure 15 battleships by 2055 and 80-plus robot boats in the next 5 years under the new shipbuild…

13 May 2026

U.S Navy Urges Congress To Allow Construction Of Auxiliary Ships Overseas

The U.S Navy has urged Congress to approve construction of auxiliary ships & parts of combatant vessels in other countri…

13 May 2026