Maritime News & Industry Headlines

The Suez Canal Authority is reporting significant progress in its recovery from vessel diversions due to the Red Sea crisis, with October marking the highest monthly rate of returning vessels since...

European ferry operator Stena Line is set to acquire Swedish-Finnish ferry service Wasaline, expanding its Baltic Sea operations to five routes while advancing sustainable shipping initiatives in t...

Global marine insurance premiums reached $39.92 billion in 2024, representing a 1.5% increase over the previous year, according to the International Union of Marine Insurance’s latest annual statis...

MOSCOW/KYIV, Nov 2 (Reuters) – A Ukrainian drone attack struck one of Russia’s main Black Sea oil ports on Sunday, causing a fire and damaging at least one ship, as Kyiv tries to undermine Russia’s...

Nov 1 (Reuters) – Russia’s foreign ministry denounced on Saturday “excessive military force” by the United States in the Caribbean Sea deployed as part of a drive against drug trafficking and reaff...

DP World announced a $5 billion investment pledge for India’s infrastructure development at India Maritime Week 2025, building on three decades of operations in the country that have already seen $...

By Weilun Soon (Bloomberg) — An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential disruption in oil trade between the two countri...

Average spot rates on major front-haul trades from the Far East increased sharply in October, but shippers preparing for 2026 contract negotiations should not panic, according to a new analysis fro...

The Alabama Port Authority and APM Terminals Mobile announced an agreement to proceed with construction of a new 1,300-foot container berth at the Port of Mobile. The $131 million project, funded b...

The Panama Canal Authority has begun a consultation process with maritime industry representatives to identify potential partners for developing port terminals on both the Atlantic and Pacific side...

Oct 26, 2025 (Bloomberg) –Storm Melissa exploded in strength overnight, barreling toward an expected landfall Tuesday on Jamaica as a major hurricane and threatening deadly floods in Haiti, the Dom...

Oct 24, 2025 (Bloomberg) –US Secretary of the Interior Doug Burgum floated the concept of storing natural gas produced in Alaska’s North Slope and shipping it directly from there, a proposal he sai...