First Ship Lease Trust reported a net profit of $5.1 million for the second half of 2025, according to the trust-manager FSL Trust Management. This result follows the reversal of impairments totalling $3.7 million for the vessels Speciality, Seniorityand Superiority. For the full year ending December 31, 2025, the trust recorded a net profit of […]

A freight-only Ro-Ro vessel operated by Danish shipping company DFDS suffered an onboard fire while off the Isle of Wight in the UK on Monday, February 9. The UK-flagged Caesarea Trader was en route to Portsmouth after having earlier departed St Helier in Jersey when a blaze ignited in her engine room at around 15:45 […]

Commercial fisherman and Board President of the North American Marine Alliance Jason Jarvis mentioned that the legislation would impact communities losing access to fisheries. “If the MARA Act passes, the only real ‘experiment’ will be on the communities that will lose access to their fisheries, the nearby marine life exposed to filth and fish viruses, […]

Customs and Border Protection and Sector Boarding Team officers conducted a thorough boarding of the Signet Thunder and the San Juan-JaxBridge but found no other stowaways. Law enforcement partners transferred the suspect and the seized cocaine to the Homeland Security Task Force-San Juan region at the coast guard base. Commander Matthew Romano, the Sector San […]

Proximar Seafood announced a production update following harvests conducted in January 2026. The company stated it is seeing “positive biological developments” across the majority of its production. Harvest volumes for the full year 2026 are estimated between 3,500 and 4,000 tonnes head-on gutted, according to Proximar. It noted that improvements made in production are showing […]

The UK Government and the Bangladesh Navy have entered into a government‑to‑government sales agreement for the former HMS Enterprisean Echo‑class hydrographic and oceanographic survey vessel. The vessel, known for its service in survey operations, humanitarian support, and disaster‑response missions, will now help strengthen Bangladesh’s maritime security and regional stability efforts, the UK Ministry of Defence […]

Under the terms of that settlement, the Dutch company agreed to pay a close-out sum of $152.3 million. A portion of this total, amounting to $55.7 million, was withheld pending a final decision from the Brazilian court, the company stated. The court issued its final decision regarding the P-54 contract in November 2023. Seatrium asserted […]

Russia has no intention of launching a military attack on any NATO state this year or next, but is racing to rebuild its forces as Europe steps up its rearmament, Estonia’s foreign intelligence service said in its annual report on Tuesday. The NATO member, which borders Russia, has been one of Moscow’s sharpest critics and […]

Adani Enterprises said on Tuesday that a US agency is conducting a civil investigation into the company’s transactions that may have involved Iran or parties subject to US sanctions. The flagship firm of billionaire Gautam Adani-led group said it received a request for information from the US Treasury’s Office of Foreign Assets Control (OFAC) on […]

Only one of the two gondolas that were struck had people on board. This boat tipped to one side after being hit, causing eight passengers and the lone boatman to fall overboard. All nine people who ended up in the water were later rescued by responding firefighters. No serious injuries have been reported, though some […]