News
Global Businesses Face Mounting $25 Billion Fallout From Iran War
1+ hour, 43+ min ago (1038+ words) The U. S. -Israeli war with Iran has already cost companies around the world at least $25 billion - and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies listed in…...
Hapag-Lloyd, CMA CGM Suspend Cuba Bookings After US Executive Order
7+ hour, 52+ min ago (569+ words) Shipping giants CMA CGM and Hapag-Lloyd said on Sunday they had suspended all bookings to and from Cuba until further notice, with both citing a U. S. executive order issued on May 1, in the latest blow to the crisis-wracked island's economy. The…...
VLCC Heads for Vietnam After Hold-Up in US Blockade
7+ hour, 46+ min ago (249+ words) Supertanker Agios Fanourios I is heading for Vietnam to discharge its Iraqi crude oil cargo after it was held by the U. S. Navy for five days in the Gulf of Oman, shipping data on LSEG showed. The Maltese-flagged very large crude…...
Ship Recycling Market Hits Rare May Supply Squeeze
3+ hour, 59+ min ago (218+ words) The Indian subcontinent (especially India and Pakistan) ship recycling market has entered a rare period of inactivity, with Wirana Shipping's latest market outlook report showing hardly any new recycling candidates circulated during the week and no vessels currently waiting to…...
Hantavirus-Hit Cruise Ship Headed For Rotterdam
7+ hour, 41+ min ago (588+ words) The hantavirus-hit cruise ship MV Hondius was due to dock in Rotterdam on Monday morning for disinfection, with Dutch authorities preparing quarantine arrangements for the 25 crew members and two medical staff remaining on board. Local authorities said quarantine facilities had…...
IMO Launches Gender Handbook on Women in Maritime Day
7+ hour, 27+ min ago (464+ words) This year's IMO International Day for Women in Maritime (May 18) focuses on embedding gender equality at every level of the maritime industry, both on shore and at sea. Under the theme "From Policy to Practice: Advancing Gender Equality for Maritime…...
Canada and Norway Launch a Cross-Atlantic Alliance for Marine and Clean Technologies
6+ day, 17+ hour ago (285+ words) Posted to Maritime Reporter (by AKA Energy Systems) on May 17, 2026 AKA Energy Systems on their 30th Anniversary and Sustainable Energy Katapult Centre establish a shared platform to attract, develop, and validate marine and clean technologies in both nations. AKA Energy Systems…...
Flow Meter News
2+ day, 12+ hour ago (164+ words) Marine News Magazine Scio Sense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering The new UFC23 sensor combines improved resolution and offset stability with ultra-low standby current, enabling high-end battery-powered water, heat, gas and leak detection meter designs across a…...
Oil Prices Rise More Than 3% As US-Iran Talks Dent Hopes of Peace
2+ day, 13+ hour ago (473+ words) Oil prices gained more than 3% on Friday, climbing more than $3 a barrel, after comments by U. S. President Donald Trump and Iran's foreign minister further dented hopes of a deal to end ship attacks and seizures around the Strait of Hormuz. Brent…...
Greek-Operated Tanker Crosses Strait of Hormuz
2+ day, 13+ hour ago (542+ words) A Greek-operated tanker sailed from the Gulf to India on Friday after crossing the Strait of Hormuz in one of the few crude sailings through the waterway this week, ship tracking data showed on Friday. The U. S. -Israeli war on Iran…...