04

Feb

Malaysia Quietly Frees Tankers in Suspected Illegal STS Case, Exposing Limits of Shadow Fleet Enforcement

The Malaysian government's recent seizure of two oil tankers suspected of illegal ship-to-ship transfers near Penang was initially seen as a strong move in mar...

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04

Feb

First Trump-Era Deepwater Oil Export License Granted to Texas GulfLink

The U.S. Department of Transportation has given the green light to Texas GulfLink, LLC for building and running a deepwater crude oil export terminal off the T...

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04

Feb

Ocean Network Express Falls to Quarterly Loss as Overcapacity Bites

Ocean Network Express (ONE) reported a net loss of $88 million in the third quarter of its fiscal year 2025, with revenues reaching $4.07 billion. This dow...

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04

Feb

Celebrity Cruise Demand Drives Major Ship Order

Royal Caribbean Group has placed an order for two new Discovery-class ships with the French shipbuilder Chantiers de l’Atlantique, and they also have options t...

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04

Feb

Shipping Firms Face Tough 2026 as Reopening of Red Sea Looms

February 4, 2026 (Bloomberg) – Global shipping companies are preparing for lower profits in 2026 as the possible reopening of the Red Sea shipping route threat...

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03

Feb

Coast Guard Launches Formal Investigation Into Deadly Sinking of F/V Lily Jean Off Massachusetts

The U.S. Coast Guard has started a formal investigation into the sinking of the commercial fishing boat Lily Jean, which resulted in the l...

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03

Feb

Hull Damage Worsens on Grounded MSC Baltic III as Winter Storms Stall Salvage

Almost a year after the container ship MSC Baltic III ran aground on the west coast of Newfoundland, it is still facing challenges due to harsh winter conditio...

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03

Feb

Search Ends After Devon Bay Sinking Highlights Ongoing Nickel Ore Cargo Dangers

The search and rescue operation for the missing crew of the bulk carrier Devon Bay officially ended on Sunday night, as confirmed by the vessel's operator, K L...

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03

Feb

French Frigate Docks in Sweden as $5 Billion Defense Deal Heats Up

On February 2, 2026, the French navy brought its new frigate, Amiral Ronarc’h, to Gothenburg harbor in Sweden. This move is part of France's effort to encourag...

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