Business

[By: CMA Shipping] The count down is on for this year’s highly anticipated CMA Shipping 2026 conference and exhibition taking place from 10–12 March 2026 at the Hilton Stamford Hotel in Stamford, Connecticut. Organised by the Connecticut Maritime Association (CMA) and Informa Markets, this flagship event is set to bring together the most influential voices in the […]

The government of India oversaw the formal signing of agreements on February 3, which set out the plans for the country’s new domestic container shipping line to be known as Bharat Container Shipping Line (BCSL). It is one key element of Prime Minister Narendra Modi’s broader vision for a self-reliant container ecosystem to lessen India’s […]

Two individuals who worked at the Port of Hamburg and possibly at the Blohm + Voss shipyard were arrested on suspicion of attempting to sabotage Germany’s new naval frigates. The efforts were part of a string of incidents that have plagued Germany and others since the invasion of Ukraine in 2022. The European justice authority […]

After an extended search, the Philippine Coast Guard has discovered the location of the sunken ferry Trisha Kerstin 3, which went down last month off Basilan. Divers located the vessel lying in an east-west orientation off Baluk-Baluk Island, southeast of Zamboanga City. The discovery of the wreck site raises the possibility that technical divers will […]

In a developing story, Estonian forces late on Tuesday, February 3, boarded a refrigerated containership and seized the vessel for an inspection. The Estonian Tax and Customs Board reports the vessel is suspected of being used for smuggling. Forces from the Inspection Unit of the Tax and Customs Board, along with the police and the […]

A tuna-fishing vessel with suspected links to cocaine smuggling has caught fire at the port of Manta, Ecuador, according to local media. The vessel gold tuna, a 1967-built purse seiner of about 180 feet in length, reported a fire at about 0400 hours on Monday morning. Local firefighters responded to the scene, and the blaze […]

Just weeks after taking over the federal environmental-review process for deepwater oil and gas terminal licensing, the U.S. Department of Transportation has approved a construction and operation license for Texas GulfLink, the first issued under the Trump administration. Texas GulfLink will be a twin single-point mooring facility located about 27 nautical miles off the coast […]

The alliance between Maersk and Hapag-Lloyd will start for the first time to send vessels through the Red Sea as part of its gradual return to the shipping routes. The carriers, however, emphasized their focus on safety, noting that “All transits will be secured by naval assistance.” The Gemini Cooperation, launched by the two carriers […]

An aging freighter has gone aground on a sandy beach near the Atlantic-side entrance to the Panama Canal. The Panama Maritime Authority and National Aeronaval Service of Panama report that a cargo ship is aground at Maria Chiquita, a small seaside community about 10 nm to the northeast of Colon. Monitoring from the air and […]

A cargo ship damaged nearly two weeks ago in a reported attack in the Black Sea has now gone aground in a storm in the Bosphorus region of Turkey. The ship, which appears to have been in questionable condition before the attack today, February 3, requested medical assistance from the Turkish maritime authorities. The vessel […]