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Cargo Ship Evacuated After Grounding off Crete

Cargo Ship Evacuated After Grounding off Crete

The Hellenic Coast Guard and local port authority are coordinating the efforts following the grounding of a general cargo ship off the northeastern coast of Crete. The crew was evacuated, and according to the Hellenic Coast Guard, the captain and bridge watch officer...

Strikes Grow as Wage Talks Drag on for Korean Shipbuilders

Strikes Grow as Wage Talks Drag on for Korean Shipbuilders

The Korean Metal Workers’ Union reports it is expanding its strike actions against the shipbuilding sector during this year’s round of wage talks. The union says that HD Hyundai management had promised to quickly conclude the negotiations and advance the company to...

New Tweendecker Loading for Maiden Voyage Catches Fire

New Tweendecker Loading for Maiden Voyage Catches Fire

A new tweendecker preparing for its maiden voyage caught fire while docked in the Port of Antwerp yesterday, July 16. Ships in the port, as well as nearby residents, were being warned to use caution because of the smoke coming from the fire. The Antwerp Fire...

Australia Ships Decaying FPSO to Denmark for Dismantling

Australia Ships Decaying FPSO to Denmark for Dismantling

An obsolete and decaying Australian floating production storage and offtake (FPSO) vessel will be recycled in Denmark, despite local criticism over the selection of a foreign contractor.  Five years after taking over the decommissioning process of...

Fincantieri Delivers 12th Ocean Cruise Ship to Viking

Fincantieri Delivers 12th Ocean Cruise Ship to Viking

The partnership between Fincantieri and Viking for the construction of ocean cruise ships has passed its 10th anniversary and is scheduled to continue for at least six more years. Viking took delivery on June 26 of the 12th ocean cruise ship built by the Italian...

Nigeria Starts First Domestic Container Shipping Line

Nigeria Starts First Domestic Container Shipping Line

Clarion Shipping West Africa is starting what it calls “Nigeria’s first fully indigenous container liner,” as it looks to build regional trade and improve service versus the transshipment options of the major carriers. The company celebrated the launch of the service...

Explosion Reported on Crude Tanker Off the Coast of Libya

Explosion Reported on Crude Tanker Off the Coast of Libya

A Greek-managed crude tanker has suffered an explosion at a position off the coast of Libya, according to maritime security consultancy Vanguard.  In an advisory, Vanguard said that the 158,000 dwt tanker Vilamoura suffered a possible security incident at a...

Pilbara Ports Launches Roadmap for Ammonia Bunkering

Pilbara Ports Launches Roadmap for Ammonia Bunkering

Australia’s Pilbara Ports Authority has launched a clean fuel bunkering roadmap that is intended to position the region as a global leader in maritime decarbonization. The roadmap explores the creation of Australia’s first ammonia fuel bunkering hub in the...

Singapore Responds to Fire Aboard Tanker in Anchorage

Singapore Responds to Fire Aboard Tanker in Anchorage

  The Singapore Civil Defense Force is reporting teams from two of its stations responded to reports of a fire aboard a smaller tanker in the eastern anchorage of the port. The fire was quickly controlled with no reports of injuries. According to the report...

First Large Boxship Transits Suez Canal in 15 Months

First Large Boxship Transits Suez Canal in 15 Months

The Suez Canal Authority is highlighting the transit of the CMA CGM Osiris (15,536 TEU) through the Suez Canal on June 18 as the first large containerships through the canal in more than a year. The authority is calling it a new phase in its efforts to...

Ukraine Seeks Auctioneer to Sell Seized Turkish Cargo Ship

Ukraine Seeks Auctioneer to Sell Seized Turkish Cargo Ship

Ukraine’s National Agency for Tracing and Asset Management (ARMA) is calling for proposals to manage the sale of a Turkish cargo ship it seized in 2024 on charges that it looted grain from Crimea. It is the latest step in efforts by Ukraine to sell off seized vessels...

Western Sanctions Take Big Bite Out of Sovcomflot’s Results

Western Sanctions Take Big Bite Out of Sovcomflot’s Results

Russia’s tanker operator PAO Sovcomflot is citing the impact of the Western sanctions on the company’s results. It reported a significant drop in revenues and a loss for the first quarter of 2025 along with recording a non-cash impairment related to the fleet. The...

Local News

Sepanggar welcomes Singapore shipping route

Sepanggar welcomes Singapore shipping route

Kota Kinabalu: Sapangar Bay Container Port (SBCP) welcomed the maiden call of the Ji Yun 16, operated by Warisan Shipping Line under its newly launched Singapore Express Service. The service connects Muara – Sapangar – Singapore – Muara on a regular schedule,...

Finance Minister II : Budget 2026 will address cost of living

Finance Minister II : Budget 2026 will address cost of living

PUTRAJAYA: The government’s upcoming 2026 Budget will focus on safeguarding public welfare while addressing structural economic challenges, said Finance Minister II Datuk Seri Amir Hamzah Azizan. Speaking at the opening of the Budget 2026 consultation sessions here...

Focus On US Tariff Impact On Asia

Focus On US Tariff Impact On Asia

After US President Trump’s 1 August tariff deadline came to an end and as investors watch what will happen in the US-China trade talks, Swiss private bank Julius Baer shares its insights on the impact on Asia’s asset allocation and economies. After the market...

Top global leaders to attend Asean Summit

Top global leaders to attend Asean Summit

CYBERJAYA: Prime Minister Datuk Seri Anwar Ibrahim has announced the attendance of an unprecedented gathering of global leaders at the Asean Summit, including US President Donald Trump, Brazilian President Luiz Inacio Lula da Silva, South African President Cyril...