Two foreign tankers carrying Iraqi fuel oil were subjected to unidentified attacks inside territorial waters, causing them to catch fire, Iraq's director general of the General Company for Ports Farhan al-Fartousi told Reuters on Wednesday.Iraq evacuated the 25 crew members from the two vessels and fire is still ablaze on both ships, he added.This follows news that three vessels had been hit by unknown projectiles…
U.S. President Donald Trump on Monday threatened to escalate the war with Iran if it blocked oil shipments from the Middle East, even as he predicted a quick end to the conflict.Trump's warning came at the end of a day that saw global financial…
The European Commission launched its EU Ports Strategy on March 4, and Europe’s ports have welcome it, saying it recognizes the vital role ports are playing for Europe’s economy and society.“The EU Ports Strategy is based on a good understanding of what ports are…
The Saudi Red Sea Authority (SRSA) announced the appointment of Dr. Maryam Ali Ficociello as Chief Executive Officer, effective March 22nd, 2026. Her appointment marks a new phase in the Authority's continued mandate to regulate and enable navigational…
At this year’s annual Legislative Summit, the American Association of Port Authorities (AAPA) proudly named U.S. Representative Mike Ezell (MS-04) as the 2026 Port Person of the Year for his commitment to the seaport and maritime industry. AAPA…
The European Commission has adopted the EU Ports Strategy, a comprehensive framework to step up the competitiveness, resilience, security and sustainability of Europe’s ports.Ports are a cornerstone of the EU economy, handling around 74% of external trade…
London's marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in the Middle East escalates, according to an advisory issued on Tuesday.Guidance from the Joint War Committee, which comprises syndicate…
Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, two seafarers killed and 150 ships stranded around the Strait of Hormuz.Shipping through the strait between Iran and Oman…
At least three tankers were damaged off the Gulf coast and one seafarer was killed as Iranian retaliation for U.S. and Israeli strikes on Iran exposed ships to collateral damage, shipping sources and officials said on Sunday.Risks to commercial shipping have surged in the past 24 hours…
The Tennessee-Tombigbee Waterway Development Authority has elected Governor Tate Reeves of Mississippi to serve as Chairman for 2026. Governor Reeves will lead the four-state interstate compact as it advances economic development, freight mobility…
U.S. diesel exports to Europe hit an all‑time high in January after the continent strengthened its ban on imports of Russian-derived fuel, and as discounted Russian diesel displaced U.S. fuel in Brazil, data showed and analysts said.The developments show how Western sanctions…
The Swedish Club (TSC) has concluded its 2026 P&I renewal with a 99% retention rate.Over the past 12 months, The Swedish Club has attracted new entered tonnage with an increase of nearly 8%, driven by a combination of solid organic development…
Konecranes is extending the Generation 6 mobile harbor crane family with the introduction of the Konecranes Gottwald Mobile Harbor Crane ESP.4.The newest family member is the smallest in size, providing a high level of multi-purpose handling across container…
The Port of Virginia is using a layered approach to strengthen safety throughout its operation by identifying the most common critical risks at its terminals and offices, emphasize safety as a core value and creation of an internal safety brand…
DP World chairman and CEO Sultan Ahmed Bin Sulayem has resigned with mounting pressure over his alleged ties to Jeffrey Epstein.Bin Sulayem, one of the Middle East's most prominent business figures, is among the highest-profile executives to…
