Shipping Industry News

Less than eight months after acquiring the icebreaking anchor handling tug supply vessel (AHTS) Aiviq from an Edison Chouest Offshore subsidiary for $125m the U.S. Coast Guard commissioned the newly refurbished vessel as icebreaker Storis.

Russia continues to push the safety envelope for oil shipments via the Arctic. A 19-year old sanctioned Suezmax tanker, Latur, loaded with Russian crude oil has entered the country’s Northern Sea Route. The Comoros-flagged tanker left Murmansk on August 6 and is currently displaying China as its destination with a September 6 arrival.

Finland's national prosecutor's office said on Monday it had brought charges against the captain and first and second officers of the Eagle S oil tanker over the cutting of undersea cables in the Gulf of Finland in December.

Russia continues to push the safety envelope for oil shipments via the Arctic. A 19-year old sanctioned Suezmax tanker, Latur, loaded with Russian crude oil has entered the country’s Northern Sea Route. The Comoros-flagged tanker left Murmansk on August 6 and is currently displaying China as its destination with a September 6 arrival.

By William Wilkes (Bloomberg) –Thyssenkrupp AG is moving to cut loose its warship unit, hoping to ride a surge in European defense spending while stepping back from a business that has...

Aug 10 (Reuters) – Three swimmers were killed by unexploded objects in Ukraine’s southern Odesa region at two beaches where swimming has been banned, regional officials said on Sunday. Regional governor Oleh...

By Bloomberg News Aug 9, 2025 (Bloomberg) –A fourth sanctioned liquefied natural gas tanker has arrived near Russia’s Arctic export plant, also subject to the US restrictions, as Moscow attempts to...

South Korea will begin pilot operations on Arctic shipping routes next year as part of a strategic initiative to capitalize on increased commerce through the region, according to the country’s...

From punishing Brazil to trying to curb imports of fentanyl, U.S. President Donald Trump has wielded the threat of tariffs as an all-purpose foreign policy weapon.

The U.S. Coast Guard says it is actively monitoring five Chinese research vessels operating in or near U.S. Arctic waters, marking the first time China has deployed this many icebreaking...

Import cargo volume at major U.S. container ports is expected to end 2025 down 5.6% from 2024 levels as newly implemented tariffs create significant pressure on international trade, according to...

Iraq's navy has detained a Liberian-flagged oil tanker in its territorial waters as part of a crackdown on fuel smuggling at sea, sources with the navy and oil and transport ministries said on Friday.