Surge
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Maritime News
Tanker Far At Sea Reports Approach as Surge in Somali Pirates Grows
In what is thought to be the fifth confirmed piracy incident in just over a week, a tanker far out…
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Port News
Tanker markets tip into oversupply with ballast surge
An extraordinary simultaneous build-up of ballast vessels across every major crude tanker segment has moved geopolitically driven disruption into a…
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Maritime News
Surge in Somali Piracy as EUNAVFOR Confirms Three Ongoing Incidents
After multiple reports of increased activity last week near the coast of Somalia, EUNAVFOR Operation Atalanta confirmed today that it…
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Port News
Japan shipbuilding slots vanish amid order surge
With the large Sea Japan exhibition due to get underway in Tokyo next week, the world’s third-largest shipbuilding nation has…
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Port News
‘Silver tsunami’ drives surge in shipping claims
The shipping industry is facing a mounting insurance crisis as an ageing global fleet fuels a dramatic rise in claim…
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Port News
Lila Global’s VLCC bet pays off with 55% asset value surge in months
Lila Global has nailed the tanker cycle, with its latest VLCC play delivering a striking asset value uplift in just…
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Maritime News
Iran Strikes Second Tanker and Third Ship in New Surge Targeting Shipping
QatarEnergy confirmed reports coming from Iran that a chartered MR tanker was struck early on April 1. The vessel sustained…
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Maritime News
Fuel Oil Bunker Report Reveals Surge in Marine Fuel Quality Failures
Lloyd’s Register (LR) has released its latest Fuel Oil Bunker Analysis and Advisory Service (FOBAS) Fuel Quality Report covering July…
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Marine World
Coast Guard Still Short on People and Ships Despite $25 Billion Funding Surge
Despite receiving nearly $25 billion in supplemental funding—the largest investment in its history—the U.S. Coast Guard continues to face critical…
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Marine World
Container Rates Slide for Fourth Week as Pre-Lunar New Year Surge Fizzles
Global container shipping rates fell for a fourth consecutive week as the traditional pre-Lunar New Year cargo surge failed to…
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