A merchant vessel transiting the Strait of Hormuz was hailed on VHF by numerous small armed vessels, according to a maritime security advisory from United Kingdom Maritime Trade Operations (UKMTO).

US President Donald Trump on Monday announced a long-awaited trade deal with New Delhi, cutting tariff rates on Indian exports from 25% to 18%. Trump said the move followed India’s agreement to stop buying Russian oil.

monthly fuel cost recovery & low sulphur adjustment and as well our EU ETS Announcement for March 2026.

Please be advised that to mitigate further delays, it has been decided to change the port rotation for the M/V ONE Resolution v.254N/606S as per below: 

Please be advised of the scheduled VMS in week 10 2026 on the Transatlantic AT2 service, as agreed by partner lines to mitigate schedule delays. 

Greek shipowner Evangelos Pistiolis has re-entered the newbuilding market, placing an order for 10 MR product tankers in China in a deal approaching $500m.

Supply chain delays in congested ports and carrier challenges have contributed to some manufacturers returning to China, according to one regional freight forwarder.

Danish Defence reports that the study group working on the strategy for the construction of its new Arctic ships selected a distributed construction model, which will be the most cost-effective while creating jobs and speeding development of the ships.

China’s first 10,000-ton electric containership is beginning sea trials. The shipyard is billing the ship as the largest of its kind and a further breakthrough in short-sea shipping.