09

Nov

Unions Slam Trump For Giving China A Pass On Shipbuilding

By Joe Deaux and Laura Curtis Nov 8, 2025 (Bloomberg) – A coalition of labor unions, led by the United Steelworkers, criticized the Trump administration for ha...

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08

Nov

EU Forces Free Hijacked Tanker 700 Miles Off Somalia

European naval forces rescued the Maltese-flagged tanker HELLAS APHRODITE on Friday afternoon after a dramatic 30-hour hijacking that took place about 700 naut...

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08

Nov

Gunvor Drops Bid for Lukoil’s Overseas Assets After U.S. Calls It ‘Kremlin’s Puppet’

Gunvor, a global commodity trading company, has pulled its offer to purchase Lukoil's international assets after the U.S. Treasury Department indicated it woul...

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08

Nov

Navy Carrier Helps Coast Guard Save Five Sailors Far Offshore Cape Hatteras

On Thursday, the U.S. Coast Guard successfully rescued five people whose sailing boat started taking on water about 260 nautical miles off the coast of Cape Ha...

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08

Nov

China’s Export Engine Sputters in October as US Shipments Crater

China’s exports unexpectedly declined in October as weak global demand could not counteract the sharp drop in shipments to the US. This is another setback...

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08

Nov

Transpacific Spot Rates Split as Discounts Emerge

Container spot freight rates on major east-west trades saw a slight increase this week due to the general rate increases (GRIs) on November 1st. However, these...

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08

Nov

Fatal Engine Room Fire on Dredge Stuyvesant: How a Missing Plug and Remote Start Led to Disaster

A tragic fire in the engine room of the dredging vessel Stuyvesant last November highlighted important lessons about maintenance and machinery startup practice...

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08

Nov

Maersk Containership Anchored Off Charleston After Cargo Fire

The containership Laust Maersk, which can carry 4,258 TEU, is currently docked outside the Port of Charleston due to a fire in its cargo hold while it was trav...

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07

Nov

Somali Pirates Board Malta-Flagged Tanker Deep in Indian Ocean

Recently, a tanker flying the Maltese flag was attacked by pirates over 700 nautical miles away from Mogadishu, Somalia. This incident adds to a series of pira...

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