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UN outlines indicators of progress on Caspian agreements (Exclusive)

Selçuk Esenyel Inspires TEDx Audience with Insights on Courage and Responsibility

Selçuk Esenyel discussed courage and responsibility on the TEDx stage. Attorney Selçuk Esenyel, who narrated the negotiations for the rescue of 10 Turkish sailors kidnapped from the Paksoy-1 vessel, opened a discussion on the meaning of courage, responsibility, and the use of power on the TEDx stage. At the center of …

Azerbaijan's construction sector loan portfolio jumps 82% in nine months

Hazar Logistik, Gebrüder Weiss discuss cargo transit via Turkmenbashi port

DenAr takes on Turkey’s first offshore wind seabed survey campaign

Turkish marine survey specialist DenAr Ocean Engineering Services has been selected by the country’s Ministry of Energy and Natural Resources to carry out geophysical and geotechnical seabed investigations for Turkey’s first offshore wind development programme. The NCS-01 project covers two areas in the Sea of Marmara…

Venergy doubles VLCC order at Hengli

Greek shipowner Vyron Vasileiadis has firmed up another two VLCCs at China’s Hengli Heavy Industries, doubling Venergy Maritime’s debut supertanker order to four vessels. The Piraeus-based company exercised the options attached to its October contract for two firm 306,000 dwt crude carriers, with all four vessels sche…

Capital Tankers scores up to $82m suezmax fixture

Evangelos Marinakis-backed Capital Tankers has secured a 15-month charter for one of its modern suezmaxes in a deal expected to generate between $73.1m and $82.2m in revenue. The Oslo-listed tanker owner said on Friday that its 155,348 dwt Amor has been fixed to an unnamed global energy company, with employment starti…

Uzbekistan seeks to deepen railway cooperation with US-based Wabtec

Turkish-Operated Bulk Carrier ERA S Struck by Munitions in Strait of Hormuz

The bulk carrier named ERA S, operated by Istanbul-based Transatlantic Shipping and flying the Panama flag, became the target of unidentified munitions while transiting the Strait of Hormuz. A hole was reported on the starboard side of the vessel, while the crew was reported to be safe and the ship continued its voyag…

Iran Calls on IMO to Address Seafarers' Safety Amid U.S. Sanctions

Iran has accused the International Maritime Organization (IMO) of bias regarding the safety of seafarers. During the IMO Council meeting held in London, the Tehran administration argued that the maritime blockade imposed by the United States on Iranian ports and the plight of Iranian seafarers stranded off the coast o…

Turkey Elevates Security Level for Ships at Yanbu Port Amid Concerns

Following recent developments in Saudi Arabia, the Ministry of Transport and Infrastructure has raised the ISPS Code security level to the highest level, Level 3, for Turkish-flagged vessels that will call at Yanbu Port and navigate in the port's waters. The decision came into effect on November 4, 2026. In light of t…

PortXchange Enhances EmissionInsider to Transform Port Emissions Management

PortXchange expands EmissionInsider with new multimodal monitoring, emissions forecasting, and scenario modeling features to help ports make better operational and investment decisions. Ports have spent years improving how they calculate and report emissions. However, knowing how much a port emitted last year does lit…

ONE Ends Slot Charter with Maersk on Qilin Service; AUX Brand Exits China-Australia Route

Ocean Network Express has ceased its slot charter arrangement on Maersk's Qilin service, according to a report by Container News citing DynaLiners. As relayed by Wedoany, ONE joined the China-Australia trade lane in July of this year on a slot charter basis, remaining on the service for approximately four months befor…

Asia-Europe and Trans-Pacific Shipping Rates: Current Trends and Challenges

November 1 marked a significant date for synchronized rate increases across Asia-Europe and trans-Pacific trades, but results fell short of expectations. Rates on the Europe trade barely moved, while trans-Pacific softening began earlier, highlighting varying conditions across trade lanes. The gap between announced an…

Major Shipping Alliances Reestablish Suez Canal Operations Amid Recovery

The reopening of the Red Sea has reached a critical milestone, with all four major shipping alliances - Gemini, Ocean Alliance, Premier Alliance, and MSC - resuming operations via the Suez Canal. Premier Alliance, previously cautious, has now confirmed its return with vessel-specific schedules, completing the transiti…

Maersk Resumes ME1 Service via Suez Canal, Enhancing Red Sea Connectivity

On 2 November, Maersk announced that it and Hapag-Lloyd had implemented a structural adjustment to the ME1 service under the Gemini Cooperation network, redirecting the route from the Cape of Good Hope back through the Suez Canal. The ME1 service connects India and Europe, and following the adjustment, its port rotati…

Maersk Implements Temporary Booking Restrictions at Key Middle East Ports

Maersk has announced temporary adjustments to booking acceptance and cargo routing at selected Middle East ports, citing sustained disruption in the vicinity of the Strait of Hormuz compounded by regional port congestion. The affected locations include Khor Fakkan and Fujairah on the UAE's east coast, as well as certa…

Japan Implements Anti-Dumping Duties on Chinese and Taiwanese Steel Products

Japan has officially announced anti-dumping duties on nickel-based stainless steel cold-rolled strip and plate from mainland China and the Taiwan region. Effective October 31, 2026, these duties range from 27.7% to 42.1% for Chinese products and 3.6% to 20.1% for Taiwanese products. This decision follows Japan's multi…

CMA CGM Implements $35 per TEU War Risk Surcharge for Black Sea Shipments

CMA CGM will apply a $35 per TEU (twenty-foot equivalent unit) war risk surcharge to container shipments to and from Black Sea countries starting November 9, 2026. The surcharge covers all cargo categories. The company attributes the decision to deteriorating security conditions in the region and the rising cost of ma…

Port Houston Initiates Independent Study for Houston Ship Channel Deepening

Port Houston will conduct its own study of portions of a potential Project 12 to deepen the Houston Ship Channel. The port is also continuing to assess a container terminal expansion north of Barbours Cut as it plans for container capacity needs over the next decade. The move adds a port-led track to channel planning …

Brazilian builds boat from rubbish to collect more rubbish

A former Brazilian ocean canoeing champion has taken recycling to a floating extreme, constructing a boat from 230 discarded plastic containers so he can collect even more rubbish from the sea. Marcos Arnhold spent two months building the unusual craft in Guaratuba, southern Brazil, using 125 two-litre plastic bottles…

UZMAR Shipyard Celebrates Keel-Laying of Four Advanced Tugs for ExxonMobil

KOCAELİ: UZMAR Shipyard held the keel-laying ceremony for four RAmpage 6000DE diesel-electric powered offshore terminal support tugboats. The tugboats are being constructed for SMIT Lamnalco and will operate in ExxonMobil's offshore terminal operations in Guyana. "The tugboats under construction were inspected on-site…

KTZ Express ships cargo from Kazakhstan to Mexico via Azerbaijan using TITR

Uzbekistan's TMK urges wider use of Trans-Caspian route for mineral exports

BP raises over $1bn from Aker BP stake sale

British energy major BP has raised about $1.06bn by selling part of its stake in Norwegian oil and gas producer Aker BP as it continues efforts to strengthen its balance sheet. The company sold 31.6m shares, representing around 5% of Aker BP’s total issued share capital, for NOK311 per share. The transaction generated…

Bucharest to host Caspian-Black Sea green energy corridor talks

Uzbekistan, China's Tianjin discuss railway-linked business cooperation

Evergreen’s Suez return leaves Zim increasingly isolated

The container shipping industry’s long detour around southern Africa is rapidly coming to an end, with Taiwan’s Evergreen preparing to send its first ships through the Suez Canal after almost three years of avoiding the Red Sea. According to liner consultancy Linerlytica, Evergreen will deploy the 16,556 teu Ever Eon …

EU Court Overturns Total Removal of Russian Maritime Register's Status

The General Court of the European Union annulled the complete removal of the recognition status of the Russian Maritime Register of Shipping (RMRS) in Europe, deeming it disproportionate. However, financial sanctions against the Russian entity and the ban on the entry of the ships it certifies into EU ports will remai…

Turkish Tugboat AYAZ BEY Aids MENTOR Tanker After Collision Off Romania

The Turkish-flagged tugboat AYAZ BEY, which was towing a damaged tanker off the coast of Ukraine, collided with a vessel while operating off the coast of Romania near Neptun. Following the accident that occurred on November 4, 2026, a search and rescue operation was initiated in the area, and it was reported that all …