2025-02-21

A new report assesses the impact on shipping from the crisis in the Red Sea in 2024, marked by Houthi rebel attacks on commercial vessels. This led to significant disruptions in global shipping. Major container lines, including Maersk and MSC, halted or reduced operations in the region, prompting ships to reroute around the Cape of Good Hope.

2025-02-21

While the US is reportedly spending millions holding seized Russian superyachts, the French are taking a different approach. The luxury superyacht Stefania is scheduled for auction on March 27 at the La Ciotat shipyards in Bouches-du-Rhône. The 41-meter Stefania was seized by French authorities in late 2023 during a money-laundering investigation

2025-02-07

The Panama Canal Authority (ACP) has refuted claims made by the US State Department that American government vessels can now transit the canal toll-free, allegedly saving the US millions of dollars annually. The ACP asserted that it retains sole authority to set tolls and has made no such adjustments. 

Tensions escalated as Secretary of State