Panama Canal to Cut Neopanamax Draft Limit to 44.5 Feet from July 24 as Gatun Lake Levels Slide
Panama Canal Authority to lower Neopanamax draft limit to 44.5 feet from July 24 amid falling Gatun Lake water levels, raising fresh concerns for bulk and container shipowners.
European Naval Coalition Patrolling Strait of Hormuz Quietly Disbands After Six Years
European naval coalition monitoring the Strait of Hormuz has quietly dissolved without an official statement, raising uncertainty for tanker owners and insurers.
Hapag-Lloyd Expands Port Footprint as Hanseatic Global Terminals Pushes New Stake Deals
Hapag-Lloyd expands port infrastructure investments through Hanseatic Global Terminals, targeting new terminal stakes along key global trade routes.
Iran Blasts New US Treasury Sanctions Targeting Tanker Networks, Cites Breach of Agreement’s Article 9
Iran’s FM Araghchi says new US Treasury sanctions on Iran-linked tanker networks violate Article 9 of a bilateral memorandum, raising maritime compliance risks.
Turkey’s Q3 Export Confidence Index Climbs to 101.5, Signaling Steady Cargo Volumes for Shipowners
Turkey’s Q3 export expectation index rises to 101.5 while import index dips to 102.7, hinting at shifting cargo demand for shipowners and yards.
Halit Yukay Yacht Disaster Trial: Court Hears Expert Testimony on Sequence of Fatal Collision
Turkish court hears expert testimony on the sequence of events in the fatal Halit Yukay yacht disaster trial, with 10 defendants facing charges.
OFAC Revokes General License That Temporarily Allowed Iranian Oil Sales, Tanker Owners Face Renewed Sanctions Risk
OFAC revokes a general license that temporarily allowed Iranian oil sales, tightening sanctions exposure for tanker owners, charterers and traders worldwide.
AVS Global Launches Onboard Catering Service for Vessels at Taşucu Port, Turkey
AVS Global introduces ship catering services at Taşucu port in Turkey, expanding provisioning options for vessels along the eastern Mediterranean coast.
MCE Yachts Delivers Classic-Style Motor Yacht SUADIYE, Designed by Taka Yacht Design
Turkish yard MCE Yachts delivers SUADIYE, a classic-style motor yacht designed by Taka Yacht Design, showcasing bespoke build capability for international owners.
Turkish Marine Equipment Maker Zeymarine Showcases Export Growth on TGRT EU Broadcast
Turkish marine equipment supplier Zeymarine gains national TV exposure on TGRT EU, spotlighting its products amid Turkey’s growing shipbuilding export sector.