Days before a surprise U.S. ceasefire agreement with Houthis, U.S. intelligence started picking up indications the Yemeni fighters were looking for an exit after seven weeks of… Weiterlesen »Inside Trump’s Surprise Red Sea Ceasefire Deal with the Houthis
(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to resolve a… Weiterlesen »South Africa’s Transnet, Union in Talks to Avoid Strike
The European Union must focus on a new sanctions package to suffocate Russia’s economy and force President Vladimir Putin to end the war in Ukraine, France’s foreign… Weiterlesen »EU Ramps Up Pressure on Russia’s Economy with 17th Sanctions Package
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Tuesday a sweeping action targeting nearly two dozen firms involved in… Weiterlesen »U.S. Cracks Down on Global Network Facilitating Iranian Oil Trade
U.S. Representatives Salud Carbajal (D-CA-24) and Mike Ezell (R-MS-4) have introduced the Mariner Exam Modernization Act, legislation aimed at overhauling the Coast Guard’s Merchant Mariner… Weiterlesen »Bipartisan Bill Aims to Modernize Coast Guard’s Merchant Mariner Credentialing System
The world’s No. 5 container carrier is seeing a jump in business this week after the US and China lowered tariffs, the company’s CEO said,… Weiterlesen »Hapag-Lloyd CEO Sees ‘Huge Surge’ in Volume Last Few Days
Russia has announced a RUB 500bn ($6bn) plan to revitalize domestic shipbuilding. The National Strategy for the Development of the Shipbuilding Industry outlines an extensive… Weiterlesen »Russia to Spend $6bn To Jumpstart Domestic Shipbuilding, Includes 130 Vessels for Arctic
The National Transportation Safety Board (NTSB) has determined that a piece of O-ring-type material debris caused a steering system failure that led to a bulk… Weiterlesen »Debris in Steering System Causes Bulk Carrier’s $2 Million Collision with Navigation Aid
Maritime AI specialist Windward reports that GPS spoofing likely caused the containership MSC ANTONIA to run aground near the Eliza Shoals close to Jeddah Port… Weiterlesen »GPS Spoofing Suspected in Containership’s Grounding Near Jeddah Port
After the US and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting an early peak season on the transpacific eastbound trade, and… Weiterlesen »Carriers Roll Out Rate Increases Amid US-China Tariff Pause