Growth in Global Trade Continues in April 2026, But Fragility Rises
Global trade grew by $2.5 trillion in 2025, increasing by about 7.5% to a record of $35 trillion Momentum carries into 2026, but risks are rising The strong trade growth…
M/T Ethera Seized by Belgian Navy Under Operation Blue Intruder
Belgian army seized vessel M/T Ethera (IMO:9387279) in pos 51 42 48N, 002 37 52E on 01 Mar 2026; under Operation Blue Intruder with French support; 21 crew detained. Sailing…
US Treasury Lifts Sanction from Three Russian Vessels
Notification by US treasury indicates removal of three Russian linked cargo vessel removal from SDN list. Two of them are container vessel and one is cargo vessel. The details of…
UNCTAD: Growth & Financial Implications of Strait of Hormuz Disruptions
The Strait of Hormuz remains practically closed. Under normal conditions, it is one of the world’s most vital arteries of energy-related trade, accounting for a significant share of global oil…
Brazil’s Withdrawal from the Equasis Project
The Equasis team hereby announces the conclusion of Brazilian Maritime Authority formal participation in the Supervisory Committee and its contribution to the Equasis project, effective as of 1 January 2026.…
Update on UK PNI & TT Club Merger Discussions
London, 25 March 2026 Further to the announcement in November 2025 that the TT Club and UK P&I Club had entered into merger discussions, the Boards are pleased to confirm…
Intensive Work on the Investigation on Sea Owl I
The ship Sea Owl I, which was boarded by the Swedish Coast Guard and the Swedish Police on Thursday evening, is anchored south of Trelleborg, Sweden. Caffa is also anchored…
Another Intervention by Swedish CG Against a False Flagged Vessel
Around 8:30 pm on 12th March, Thursday evening, the Swedish Coast Guard boarded a 228-metre tanker off Trelleborg in the Baltic Sea. A preliminary investigation into suspected violations regarding lack…
Statement of FMC on China’s Detention of Panama-Flagged Vessels
The Federal Maritime Commission is closely monitoring how recent developments surrounding the Panama Canal terminals and China’s retaliatory actions against Panama are affecting global shipping conditions. Laws administered by the…
US Statement Regarding Strait of Hormuz Surcharges
The Federal Maritime Commission (FMC or Commission) is closely monitoring the impact the current conflict in the Middle East is having on shipping conditions through the Strait of Hormuz. Under…