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Korean Containership Loses Boxes Battling Bering Sea Storm

According to a March 5th customer alert from SM Line, severe winter weather and strong winds caused heavy rolling of the vessel 4,228-TEU-capacity SM...

UK Collision Leaves Two Ships Burning, One Expected to Sink

WITHERNSEA, England, March 11 (Reuters)–Two ships burned off the English coast on Tuesday, a day after an unexplained collision that left a tanker carrying...

Russia’s Newest Arctic Oil Tanker Passes Through Suez Canal As US Mulls Easing of Sanctions

Valentin Pikul will further expand an existing fleet of highly ice-capable oil tankers already in operation for Russia’s Arctic oil projects, the Prirazlomnaya oil...

Car Prices Are Poised for $12,000 Surge on Trump’s New Tariffs

Mar 3, 2025 (Bloomberg) –Impending tariffs on Canada and Mexico risk driving up US car prices by as much as $12,000, further squeezing consumers...

CMA CGM Posts ‘Solid’ 2024 Results, But Sees Choppy Waters Ahead

CMA CGM Group posted 2024 results broadly similar to those of AP Møller Maersk (APMM), but warned of a difficult year to come.As usual,...

Trump to Decide US Tariff Levels on Mexico, Canada as Tuesday Deadline Approaches

WASHINGTON, March 3 (Reuters)–U.S. President DonaldTrumpis expected to decide on Monday what levels oftariffshe will impose early on Tuesday on Canada and Mexico amid...

Finland’s Secret Service Says Frequency of Cable Incidents is ‘Exceptional’

The Baltic Sea region is on high alert aftera string ofpower cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022,...

Greenland Election Tests Independence Ambitions as US Interest Looms

NUUK, Greenland, March 11 (Reuters)–Greenland residents vote on Tuesday in a closely watched election brought into the international spotlight by a pledge from U.S....

Update: Tanker Collision Off UK Coast Sparks Fire, Oil Spill Concerns; One Missing

A collision between the US military-chartered tanker Stena Immaculate and container ship Solong off England’s East Yorkshire coast has resulted in fires aboard both...

Photos: MT Sounion Transits Suez Canal Six Months After Houthi Attack

The vessel, carrying approximately 1 million barrels of crude oil, suffered a devastating attack on August 21, 2024, when Houthi-launched anti-ship missiles disabled its...
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