The Port Journal

The European Union has proposed extending its sanctions against Russia to include ports in Georgia and Indonesia that handle Russian oil, the first time the bloc would target ports in third countries, a proposal document showed on Monday. The proposal, reviewed by Reuterswould add Kulevi in Georgia and Karimun in Indonesia to the sanctions list, […]

About a fifth of the oil consumed globally passes through the Strait of Hormuz between Oman and Iran. “The Iranian risk premium cannot be fully defused as long as US warships are located where they are,” said SEB analyst Bjarne Schieldrop. Oil prices had dropped earlier in the session, extending last week’s losses, after the […]

The mission was, “part of the Alliance’s efforts to further enhance our deterrence and defence in the region, particularly in light of Russia’s military activity and China’s growing interest in the High North,” a NATO official told Reuters in an email. The mission was expected to be operational soon, the official said. NATO said last […]

Equinor recorded an adjusted operating income of $6.2 billion for the fourth quarter of 2025 as the company reported record annual production. The firm delivered a net income of $1.31 billion during the period, according to its financial statement released on February 4. Total equity production reached 2,198 mboe (349,451 cubic metres) per day in […]

The French Navy is reporting the seizure of a large shipment of cocaine in the Atlantic Ocean region. It was unusual because the smugglers were using a fishing vessel. According to the report, the seizure was made under the authority of the public prosecutor in Brest. The French Customs Intelligence and Investigations unit and the […]

A Russian-flagged cargo ship, well-known for its military support operations, was lingering off the coast of Sardinia for nearly a week. While the ship has not violated any regulations, its unusual pattern of behavior has drawn attention, including it appears from the Italian Navy. The Sparta IV (8,870 dwt) is one of a series of […]

Coast Guard Station San Juan has busted another barge-borne smuggler – this time, a trafficker of cocaine rather than people. On January 28, the Jones Act tug Signet Thunder was inbound and approaching San Juan’s Old Army Terminal, bringing the barge San Juan-JaxBridge in tow. At about 0548 hours, the crew of the tug contacted […]

02/09/2026 3:57 pm – Updated Now 2 Min Internal Pages – Super (728×90) – Position 1 freepik Click here to Read the Summary The growth of the Brazilian economy has not been accompanied by the expansion of port infrastructure. According to Solve Shipping, the mismatch between supply and capacity has already generated a deficit equivalent […]

Essay 02/09/2026 3:48 pm – Updated Now 2 Min Internal Pages – Super (728×90) – Position 1 Illustrative photo Click here to Read the Summary MSC Cruises confirmed the cancellation of MSC Lirica for the 2026/2027 season in South America. The decision reduces the company’s fleet in the region and directly affects passengers and Brazilian […]

The rise in tankers listing destinations such as Singapore, Suez, or Port Said signals mounting difficulties with sales and a shrinking pool of reliable buyers, said a Moscow-based oil trader. The shift comes as India is expected to scale back or halt Russian oil imports following a recent trade deal with the US, leaving China […]