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Piracy Falls to Lowest Levels in 35 Years During First Quarter of 2026

Piracy Falls to Lowest Levels in 35 Years During First Quarter of 2026

Global maritime piracy and armed robbery incidents fell to levels not seen since 1991, reports the International Maritime Bureau in its quarterly report on maritime piracy. It, however, notes pocket...

Russia's Shadow Fleet Thumbs its Nose at the Royal Navy

Russia's Shadow Fleet Thumbs its Nose at the Royal Navy

  The Russian Navy has mocked Britain’s Royal Navy by escorting two sanctioned, fully-laden shadow fleet tankers though the English Channel. This comes notwithstanding the completion of a drawn-out...

Retail Imports Continue Decline Despite Little Impact from the Middle East

Retail Imports Continue Decline Despite Little Impact from the Middle East

Retailers' import volume into the United States continues to be weighed down by concerns over tariffs and trade policy, says the National Retail Federation. It continues to expect month-over-month a...

Iran Says Tankers Are Suspended at Hormuz Due to Israeli Attack on Lebanon

Iran Says Tankers Are Suspended at Hormuz Due to Israeli Attack on Lebanon

  The hastily announced ceasefire agreement between the United States and Iran appears to already be on shaky ground as disputes have emerged over its terms. Iran’s Fars News Agency reported that t...

Iran Secures Cessation of US Attacks – But the War Goes On

Iran Secures Cessation of US Attacks – But the War Goes On

  As the first day of the ceasefire comes towards an end, the only substantive change on the ground in the region appears to be that the United States and Israel have ceased their attacks on Iran....

Two U.S. Deep-Sea Mining Companies Plan $1B Reverse Merger

Two U.S. Deep-Sea Mining Companies Plan $1B Reverse Merger

  Two players in the nascent U.S.-jurisdiction polymetallic nodule sector have agreed to a reverse merger to combine their holdings and expertise, creating one of the larger operators in the segmen...

Ukraine Claims to Have "Finished Off" Russia’s Last Kerch Strait Ferry

Ukraine Claims to Have "Finished Off" Russia’s Last Kerch Strait Ferry

  Ukraine’s Ministry of Defense (HUR) released details on its attack on Sunday night on what it says was Russia’s last operating ferry on the Kerch Strait. Ukraine has repeatedly targeted these ves...

Russia Retaliates Attacking Izmail Port in Ukraine

Russia Retaliates Attacking Izmail Port in Ukraine

Ukraine’s seaport authority and local government officials announced a new attack on the Danube port of Izmail. Unconfirmed reports said the port was attacked in retaliation for the earlier attack b...

Baltimore Fireboats Respond to Sinking Towboat

Baltimore Fireboats Respond to Sinking Towboat

The Baltimore City Fireboat Station is reporting that it received a mayday call from a tug operating south of the city in the Curtis Bay/Curtis Creek region. The vessel reported it was taking on wat...

Shipping Waits and Watches Strait of Hormuz in First Hours of Ceasefire

Shipping Waits and Watches Strait of Hormuz in First Hours of Ceasefire

  While welcoming the news of the announced two-week ceasefire, the shipping industry is remaining cautious and seeking more clarity before ships rush to the Strait of Hormuz. Analysts, however, al...