Hapag-Lloyd Vessel Makes Suez Canal Transit
In a significant reversal of its Red Sea policy Hapag-Lloyd sent a service through the Suez Canal last week as global freight demand continues to rise
MarineCraft News Desk
Aevex Completes Acquisition of Naval Drone Maker BlackSea
US defence technology company Aevex Corporation has completed its acquisition of BlackSea, the company announced on September 8.BlackSea will operate as Aevex's maritime systems division, covering unmanned surface and subsea systems.
EU Proposes Extending Bay of Biscay Fishing Closure to 2027
The European Commission has proposed extending the annual winter fishing closure in the Bay of Biscay into 2027 to reduce incidental catches of common dolphins and other small cetaceans.Under the proposed regulation, vessels longer than eight metres would be required…
Stronger Capesize Rates Give Baltic Dry Bulk Index a Fresh Nudge
The Baltic Exchange's dry bulk freight index inched up on Tuesday, buoyed by stronger Capesize rates. The main Baltic index rose nine points, or 0.3 per cent, to 3,584.
Canada Prepares to Route Bulk of Crude Exports to Asia by 2028
Asia, led by China, is expected to buy 70 per cent of Canadian crude oil exports after the country's only pipeline that provides access to the continent expands its capacity by a third by the end of 2028, a Canadian…
Albania Turned Away Tanker Linked to Russia at Ukraine’s Request
Ukraine’s Intelligence Directorate (GUR) thanked the authorities in Albania for turning away a product tanker that it asserts is linked to Russian interests and is transporting Russian products.