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Naphtha eases despite upbeat spot activity; gasoline gains further

Asia’s naphtha markets eased slightly, with timespreads narrowing and margins declining slightly from a day earlier, though the pace of spot activity stayed upbeat. At...

Swedish Prosecutors Confirm January Cable Break was Accident by Bulker

The Swedish Prosecution Authority reports it has closed the investigation into a January communication cable break in the Baltic, convinced that it was an...

Maersk cancels contract for construction of vessel intended for US wind project

/Reuters Agency The Singapore-based shipyard Seatrium reported that the Danish company Maersk canceled a $475 million contract for the construction of an almost completed...

U.S. Seizes $15 Billion In Bitcoin, Sanctions Cambodia’s Prince Group In Global Crypto ‘Scam’ Crackdown

The Department of Justice seized roughly $15 billion in bitcoin tied to what it called a vast “pig butchering” scam based in Cambodia—a record-setting...

ReCAAP ISC Reports 68% Increase in Piracy and Sea Robbery Incidents

The ReCAAP Information Sharing Centre (ISC) has released its 3rd Quarterly Report of 2025, covering the period from January to September, reports SAFETY4SEA. The report...

Ships and maritime freight: the future market smiles only on some segments

Genoa – The traditional seminar on the trend of maritime freight rates, organized every year by the Young Group of Assagenti and included this...

IMF Warns of a “Disorderly” Global Market Correction Amidst Geopolitical Tensions

Global markets are getting too comfortable with risks like trade wars, geopolitical tensions and yawning government deficits, which, combined with already overpriced assets, increase...

Helsinki court clears Eagle S crew in cable damage case

A Helsinki district court dismissed criminal charges against the captain and two officers of the Cook Islands-flagged oil tanker Eagle S, ruling that Finnish...

Netherlands urges EU to blacklist Houthis after Gulf of Aden attack

The Netherlands has called on the European Union to designate Yemen’s Houthi movement as a terrorist group following an attack on the Dutch-flagged cargo...
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