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Maersk Introduces Surcharge on Israel Shipments to Cover Insurance

Shipping group A.P. Moller-Maersk said on Thursday it will introduce a risk surcharge next year on container shipments to Israel to cover rising insurance...

Evergreen declares force majeure on Israel shipment

Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod, with its Ever Cozy vessel diverted...

ZIM issues customer advisory regarding war situation in Israel

ZIM continues to operate and accept bookings to and from Israel; implementing new war risk premium charge, at cost, on relevant cargo. A company announcement...

The Swedish Club sees ‘positive’ first half of the year

The Swedish Club has announced a positive first half of the year, with an insurance portfolio that continues to develop strongly in terms of...

Lloyd’s of London Leads Insurers Tightening Taiwan Cover as Conflict Risks Rise

Lloyd’s of London underwriters are leading insurers in raising rates and cutting the amount of cover they offer for risks involving Taiwan as concerns...

Ship insurers warn of Russian oil price cap evasion, risks of ‘dark fleet’

A rise in spot prices for Russian crude oil to above the $60 per barrel cap imposed by western powers has made ship insurers...

London Marine Insurers Add Sudan to High Risk List

London’s marine insurance market added Sudan to its of areas deemed high risk this week amid further fighting in the conflict-ridden African country, according...

Russia Relying on Western Insurance for Half of Oil its Shipments

Russia still relies on Western insurers to cover more than half of the tanker fleet that exports its oil, according to data compiled by...

Insurers count the cost of ships snagged in Ukraine crisis

Insurers are facing half a billion dollars in claims for up to 60 commercial ships still stuck in Ukraine a year after the start...

Panama Canal: New disruption charges in force

As of 1 January 2023, a new charge was added to the Panama Canal Authority (PCA) tariff item. According to the PCA advisory: The purpose of...

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Seatrium receives notice of arbitration from Maersk over US$475 million contract dispute

Seatrium shares have dropped more than 14% to close at $2.09 on Oct 21 after this dispute was announced. Seatrium has received a notice of...

CMB.TECH continues fleet rejuvenation strategy

CMB.TECH NV has provided a market update regarding its fleet rejuvenation efforts in Q3 and Q4 2025.

Castor Maritime announces $50.0 million Debt Financing and Full Redemption of the 8.75% Series E Cumulative Perpetual Convertible Preferred Shares

Castor Maritime, a diversified global shipping and energy company, announces the signing of a $50.0 million sustainability-linked senior term loan facility with a European...

Konstantakopoulos issued special stock by Costamare

Costamare announced that it has entered into a Stock Subscription Agreement with Konstantinos Konstantakopoulos, pursuant to which Mr. Konstantakopoulos will purchase 1,200 shares of...

C3is Inc. announces closing of $2 million registered direct offering

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of its previously announced registered direct offering...

EemsEnergyTerminal partners with EXMAR for terminal extension

EXMAR announced that it has entered into a strategic partnership with EemsEnergyTerminal, a subsidiary...

Baltic index falls on weak capesize vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Shipping industry faces challenges amid rising insurance premiums

Shipowners are expected to face the eighth consecutive annual increase in maritime insurance premiums...

Baltic index steady as panamax gains balance capesize losses

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Baltic Index Edges Up on Capesize And Panamax Vessel Strength

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Piraeus Port: Container traffic drops in September – report

Container traffic at Piers II and III of the Piraeus Container Terminal showed a significant decline in September 2025. Insecurity in the Red Sea, as...

CMA CGM invests port of Koper, Slovenia

The CMA CGM Group is strengthening its commitment to Central Europe through the expansion of its activities through the Port of Koper, the Adriatic’s...

Global Ship Lease issues statement regarding China-Specific port fees and US ownership

Global Ship Lease, a containership owner and lessor, issued the following statement in response to the Implementation Measures on the Special Port Charges for...

Port of Los Angeles strategies continue to deliver clean air gains

The Port of Los Angeles is furthering its progress in reducing pollution from all sources that move cargo through its gateway. In 2024, when...

Pacific basing takes measures to comply with port fee regulations

Pacific Basin Shipping has issued a trading update for the third quarter of 2025.