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Cargo ship hit in Strait of Hormuz, one person killed
An Indian cargo vessel carrying 14 crew members has come under an aerial attack off the coast of Oman, leaving one sailor dead.
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Container freight rates diverge as NYFI rises and Drewry WCI falls
Global container freight rates presented a mixed picture in the latest weekly assessments, with the NYSHEX Freight Index (NYFI) recording increases across all five monitored trade lanes while Drewry’s World Container Index (WCI) and the Freightos Baltic Index (FBX) declined. The contrasting movements were particularly…
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Ernst Russ sells 803 TEU containership
Ernst Russ AG has agreed to sell the 803 TEU containership Mirror , with delivery to its new owner scheduled for January 2027. The Hamburg-based shipowner did not disclose the sale price or identify the buyer. As the handover will take place next year, the transaction will not affect the company’s assets, financial po…
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NAVTOR introduces real-time AIS streaming in NavFleet platform
NAVTOR has introduced AIS streaming to its NavFleet platform, allowing shipping companies to monitor vessel movements with more frequent position updates and improved operational visibility. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); var holder = document.createElem…
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MABUX: Bunker prices remain volatile in November
According to Sergey Ivanov, Director, MABUX, October’s global bunker market remained under strong geopolitical and supply-side pressure. Middle East tensions, disruptions to oil product flows, tight regional fuel availability and rising LNG prices continued to support bunker quotations. The key market drivers included…
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Türkiye Strengthens Demand For Steelpaint’s Long-Term Corrosion Protection
The rise in the number of Turkish shipyards from 37 in 2002 to about 85 today has substantially increased the country’s newbuild capacity but shiprepair and maintenance continues to account for much of the industry’s maritime activity, as more shipowners extend vessel service life. For instance, Turkish yards, concent…
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What Washington’s Somalia port designation really signals
On 27 October 2026, the US Coast Guard quietly added a new name to its list of states whose ports fall short of international antiterrorism standards. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don't have an account? Register The post What Was…
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Céline Mortier elected new President of WISTA International
WISTA International has elected Céline Mortier as its new President, succeeding Elpi Petraki, who completed four years in the role. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); var holder = document.createElement('div'); holder.id = id; var here = document.currentScri…
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Qatar, Türkiye discuss efforts to ease regional tensions
Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani and Turkish Foreign Minister Hakan Fidan discussed efforts to ease regional tensions during a phone call on November 2, Report informs, citing Qatar's Foreign Ministry on X. The ministers reviewed bilateral cooperation and w…
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DP World launches China Africa Link weekly service
DP World’s Shipping Solutions AMEA business will launch the China Africa Link, a new weekly service designed to strengthen maritime connectivity between the Far East and the growing markets of East and Southern Africa. The service is scheduled to commence in late November 2026 and will give customers greater choice, e…
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Araghchi outlines Iran's seven-day plan for US talks
Iranian Foreign Minister Abbas Araghchi said the agenda for possible talks with the United States was based on Tehran's previously proposed seven-day plan, Report informs, citing his interview with Al Jazeera. "The plan currently on the table is essentially the one Iran initially proposed, known as Iran's seven-day pl…
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Port of Gdańsk recorded increased cargo handling
The Port of Gdańsk handled 65.2 million tonnes of cargo between January and September 2026, compared with 59.1 million tonnes in the same period of 2025, an increase of more than 10%. General cargo, and containerised cargo in particular, accounted for the largest share of the growth. (function () { var id = 'div-gpt-a…
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Death toll from Russian strikes on Ukrainian school rises to 24
The death toll from Russian strikes on a school in Komyshuvakha in Ukraine's Zaporizhzhia region has risen to 24, including two rescuers and four police officers, Report informs, citing Ukraine's State Emergency Service. Five people were injured, including two rescuers, the service said on Telegram. Ukrainian Presiden…
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Maritime infrastructure and rail as engines of North-Western Italy’s growth
The Liguria Region, working with Lombardy and Piedmont, organised the two-day event “Connections Shaping the Future: North-Western Italy as an Integrated Network” in Genoa. Rail carries about 30% of overland freight at Savona-Vado and 12.5% at Genoa, and the aim is to lift Genoa’s share to at least 30%. The presidents…
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Macron thanks Middle Eastern partners as French diesel prices fall
French President Emmanuel Macron has thanked Middle Eastern partners for helping France during the energy crisis, saying more stable supplies from the region had helped lower diesel prices by more than 10 euro cents per liter, Report informs, citing his post on X. Macron recalled that France decided in October to rele…
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Hormuz: permanent risk or alarm for renewed war?
Iran’s harassing fire makes Hormuz risk durable. The threat of renewed war comes from somewhere else, and it would probably not end that risk. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don't have an account? Register The post Hormuz: permanen…
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Samir Sharifov: Middle Corridor development contributes to regional integration
Azerbaijan and Kyrgyzstan continue to cooperate effectively both bilaterally and within international organizations, Azerbaijani Deputy Foreign Minister Samir Sharifov said at an event marking the 35th anniversary of Kyrgyzstan's independence, Report informs. He said Azerbaijan's relations with Central Asian countries…
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Kyrgyz ambassador hails growing ties with Azerbaijan
Relations between Kyrgyzstan and Azerbaijan are developing dynamically, Kyrgyz Ambassador to Azerbaijan Maksat Mamytkanov said at an event marking the 35th anniversary of his country's independence, Report informs. "Bilateral relations between Kyrgyzstan and Azerbaijan are developing dynamically. They are characterize…
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ONE expands container reuse services to Switzerland with Avantida
Ocean Network Express (ONE) has introduced container reuse services in Switzerland through its collaboration with Avantida, allowing transport operators to reuse import containers for export shipments. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); var holder = document…
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Maersk introduces dry port surcharges for Virochannagar
Maersk has introduced new export and import dry port surcharges for shipments moving between Virochannagar, India, and worldwide destinations. The new charges took effect on 1 November 2026 for non-regulated countries. They will apply from 29 November 2026 for regulated countries. (function () { var id = 'div-gpt-ad-a…
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Azerbaijan, Japan to expand political dialogue, co-op
Azerbaijan and Japan intend to expand political dialogue and strengthen cooperation in various fields, the Azerbaijani Foreign Ministry stated following a meeting between Foreign Minister Jeyhun Bayramov and the new Japanese Ambassador to the country Furuya Tokuro, Report informs. The minister congratulated the ambass…
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ESL expands Far East-Africa network with FAX2 and FAX3 services
Emirates Shipping Line (ESL) will launch two new services connecting major Chinese ports with East and southeastern Africa. The new Far East Africa Express 2 (FAX2) and Far East Africa Express 3 (FAX3) services will complement ESL’s existing Far East Africa Express network. (function () { var id = 'div-gpt-ad-article-…
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Maersk revises terminal handling charges in Dili
Maersk will revise its origin and destination terminal handling charges for shipments moving between Dili, Timor-Leste, and worldwide markets. The new rates will take effect on 1 December 2026 and remain valid until further notice. The same tariff levels will apply to imports and exports. (function () { var id = 'div-…
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Azerbaijan, Kazakhstan sign agreements on Caspian ferry system and new Baku cargo terminal
Azerbaijan and Kazakhstan have signed two agreements aimed at expanding transport and logistics cooperation, including the development of a new intermodal cargo terminal at the Port of Baku and the establishment of a next-generation ferry system across the Caspian Sea.
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MSC Hannah III rescues 10 crew from sinking vessel off Cyprus
MSC Hannah III rescued all 10 crew members from the Tanzanian-flagged commercial vessel AS Dream after it began sinking west of Cyprus. The Cyprus Joint Rescue Coordination Centre (JRCC) received information about the emergency at 20:15 on 30 October. AS Dream was approximately 90 nautical miles west of Cyprus, within…
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European Commission to hold dialogue on Middle Corridor competitiveness
The European Commission will hold a dialogue on improving the competitiveness of the Trans-Caspian Transport Corridor, also known as the Middle Corridor, chaired by European Commissioners Marta Kos and Jozef Síkela, Report informs, citing the Commission. The event is scheduled for November 17 and will bring together r…
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Maersk and Hapag-Lloyd reroute Gemini IOS service via Red Sea
Maersk and Hapag-Lloyd have announced plans to reroute their Gemini Cooperation Indian Ocean Service (IOS) through the Red Sea and Suez Canal, replacing the longer route around the Cape of Good Hope. The decision follows a review of the security situation in the region. According to the carriers, the revised routing w…
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OPEC+ holds December oil output target
The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 1 November 2026, to review global market conditions and outlook. The seven participating countries decided to main…
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CMA CGM introduces Black Sea war risk surcharge and updates Red Sea charges
CMA CGM has announced a new War Risk Surcharge (WRS) for shipments to and from Black Sea countries. The carrier has also updated its Dangerous Goods Surcharge for selected routes connecting Europe, North Africa and the Red Sea. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, …
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Azerbaijan, Kazakhstan plan joint intermodal cargo terminal
Kazakhstan and Azerbaijan are planning to establish a joint intermodal cargo terminal and a new Trans-Caspian ferry system called the "Caspian Bridge."