UK Charges Captain of Russian Shadow Fleet Tanker
The captain of a Russian shadow fleet vessel intercepted by British commandos was charged with contravening sanctions, Britain's National Crime Agency said on Monday.Ajay Pant, an Indian national, was charged with "directly or indirectly supplying or delivering by ship prohibited oil/oil products from Russia to a third country...," the agency said.Pant is set to appear at the Southampton Magistrates' Court on Tuesday, the agency added.British commandos on Sunday boarded and intercepted Smyrtos, a sanctioned Russian oil tanker sailing under a Cameroonian flag, in the English Channel.
Oil Slumps as US-Iran Reach Initial Peace Deal to Reopen Strait of Hormuz
Oil prices slipped to a three-month low on Monday after U.S. President Donald Trump and Iran's deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.Brent crude futures LCOc1 fell $3.65, or 4.2%, to $83.68 a barrel by 0630 GMT and U.S. West Texas Intermediate CLc1 was at $80.75, down $4.13, or 4.9%. Both contracts fell to their lowest levels since March 10 on Monday after tumbling more than 3% on Friday.The U.S.
Spiridon II Hearing Adjourned
No settlement was reached on Friday at the Krems Regional Court in Austria regarding the civil proceedings concerning the animal transport of the Spiridon II livestock carrier. The hearing was adjourned.A new hearing, expected to last all day, has been scheduled for mid-November.Several witnesses from Turkey are also expected to be heard at that time.Turkish cattle importers are suing cattle dealer Christian Klinger and his company, Agro Breeding GmbH, based in Jagenbach, Austria.
Spiridon II Livestock Transport Organizer Due in Court
The Austrian livestock dealer allegedly responsible for the weeks of livestock suffering and death on the Spiridon II is to appear before the Krems Regional Court in Austria on Friday as part of a civil lawsuit. The importers of the animals accuse him of fraud.The cattle from Uruguay—half of which were pregnant heifers—were originally destined for Turkey. Upon arrival, however, they were not allowed to be unloaded from Spiridon II because, according to the authorities, nearly 500 of them were not listed on the import list.
The Heavy Lift Group: Navigating a New Reality in Project Cargo Logistics
Escalating geopolitical tensions and regional conflicts are having a profound impact on international trade, subjecting supply chains to intense operational volatility, rigid compliance demands, and significant financial pressures. Out of necessity, logistics providers are taking a more selective, risk-averse approach when preparing and executing their business plans.For The Heavy Lift Group (THLG), a global alliance of specialized heavy transport companies, caution and pragmatism…
USCG Issues Prototype Shaft Seal Warning
The U.S. Coast Guard (USCG) identified a safety concern after a prototype component used in a mechanical shaft-seal system failed onboard a USCG inspected deep draft vessel.On February 19, 2025, a U.S. flagged crude-oil tanker transiting near Delaware Bay experienced simultaneous failures of its port and starboard shaft seals, resulting in substantial seawater ingress.The crew deployed emergency collars supplied by the seal manufacturer and used the vessel’s emergency bilge system…
Triton Partners to Acquire Flender
Global investment firm Carlyle announced that it has agreed to sell Flender, a global market leader in mechanical drive technology, to Triton Fund 6 advised by Triton Partners. Terms of the transaction were not disclosed. The transaction is subject to customary regulatory approvals and is expected to close in Q4 2026.Headquartered in Bocholt, Germany, and with over 125 years of engineering heritage, Flender is a supplier of gearboxes, couplings and generators for a broad range of industrial and wind power applications.
European Maritime Authority Adopts Risk Intelligence System
Risk Intelligence has signed an agreement with an unnamed European maritime authority for the provision of its Risk Intelligence System and intelligence reports.The client is a national maritime authority responsible for supervising vessel and seafarer safety and security within its flag state registry, as well as overseeing foreign-flagged vessels calling at the country's ports.Under the agreement, the authority will gain access to the Risk Intelligence System and intelligence reports to support monitoring of security risks affecting vessels registered under its flag.
StormGeo, OceanScore Expand Emissions Compliance Cooperation
StormGeo and OceanScore have expanded their cooperation through a collaboration agreement aimed at supporting shipping companies in managing emissions compliance requirements.The cooperation combines StormGeo's operational vessel and emissions data capabilities with OceanScore's expertise in emissions compliance workflows covering the European Union Emissions Trading System (EU ETS), FuelEU Maritime and the upcoming UK ETS.The companies said the agreement is intended to help shipping companies manage emissions reporting…
Pirate Attack Foiled Amidst Heightened Security Risks
Palaemon Maritime has released its maritime security report for May 24-31, indicating that the week saw 15 maritime security incidents, with heightened activity in major maritime corridors globally, including: Black Sea, Gulf of Aden, Gulf of Finland, Gulf of Guinea, Gulf of Oman, and the Strait of Hormuz.Key developments include:A suspected pirate attack was foiled near the Gulf of Aden, with the Indian Navy deploying a helicopter and boarding team to protect a merchant vessel.An armed skiff approached a tanker off Yemen…
LSI Expands McClellan-Kerr Arkansas River Navigation System Services with Five Rivers Distribution Acquisition
Logistic Services Inc. (LSI) announced the acquisition of substantially all assets of Five Rivers Distribution, LLC (Five Rivers), strengthening LSI’s inland waterways operations and expanding its presence on the McClellan-Kerr Arkansas River Navigation System.Five Rivers operates two strategically located multimodal terminals at the ports of Van Buren and Fort Smith, Arkansas. The terminals provide barge, rail, and truck connectivity for a diversified mix of agricultural, industrial, and bulk commodities.
MSC Confirms Container Ship Hit by Projectiles in Iraqi Port
MSC Mediterranean Shipping Company (MSC) has confirmed that its container vessel MSC Sariska V was struck by two projectiles while departing the port of Umm Qasr in Iraq on June 1, though no crew members were injured.According to the company, the first projectile hit the vessel while a pilot was onboard during departure from the port, while a second struck the crew accommodation area shortly afterwards.MSC said all crew members were safe and unharmed and that the vessel and its…
Cambodia Starts UN Process to Resolve Maritime Dispute with Thailand
Cambodia said on Tuesday it had launched a compulsory conciliation process under international law aimed at resolving a long-running maritime boundary dispute with Thailand and had informed the United Nations and Bangkok.The move follows a Thai government decision last month to unilaterally terminate a 2001 agreement with Cambodia that provided a framework for negotiations over the disputed area in the Gulf of Thailand where the two countries' maritime claims overlap."We have taken this step to protect Cambodia's sovereignty and maritime rights in accordance with international law…
Chinese Aircraft Carrier Held Drills East of Philippines
The Chinese navy was spotted conducting aircraft carrier drills in the Pacific Ocean east of the Philippines last week, Japan's defence ministry said in a bulletin on Monday.The Japan Maritime Self-Defense Force confirmed that China's aircraft carrier Liaoning and accompanying vessels were cruising the waters east of the Philippines' Luzon Island between May 26 and May 28, said the bulletin, which included a map.Liaoning-based planes and helicopters conducted roughly 170 take-off and landing drills as the Chinese fleet sailed around the western Pacific Rim…
Sullivan Street Partners, Ancora Group Acquire Red7Marine
Sullivan Street Partners, a UK-based private equity firm specializing in mid-market buy-outs, announced that its portfolio company Ancora Group, an integrated group of marine contractors delivering infrastructure and coastal defense solutions across the UK, has completed the acquisition of Red7Marine, a UK marine infrastructure and engineering work specialist.This is Ancora Group’s first acquisition since it was acquired by Sullivan Street in March 2025, when SSP integrated Teignmouth Maritime Services, Hesselberg Erosion Protection and Marine Plant Hire.
Ofiniti Acquires Teqplay to Expand Maritime Fuel Operations Platform
Ofiniti has acquired maritime intelligence company Teqplay, expanding its maritime fuel operations platform with vessel tracking, port-call analytics and operational intelligence capabilities.The acquisition broadens Ofiniti's offering beyond scheduling, operational coordination and digital documentation into real-time operational intelligence, providing customers with a combined view of vessel movements and fuel delivery operations.Ofiniti said its platform processed more than 25,000 bunker operations in 2025, including 500,000 metric tonnes of alternative fuels.
The Choking Point: How Strait of Hormuz Disruptions Impact Global Maritime Logistics, Law and Policy
Since the Iranian Revolution and overthrow of Shah Mohammad Reza Pahlavi in 1979, the Strait of Hormuz has been a geographic constant as a choke point for which closure has been threatened from time to time but never truly closed. The longstanding assumption of the continued openness of the strait collapsed on February 28, 2026. In the weeks since Iran effectively shut the strait to commercial shipping in response to U.S. and Israeli military strikes and the U.S. established its own blockade…
Three Oil and LNG Tankers Exit Hormuz with Trackers Switched Off
Two supertankers and one liquefied natural gas (LNG) tanker exited the Strait of Hormuz earlier this week with their transponders switched off, and are heading for India and China, shipping data from LSEG and Kpler showed.The vessels joined a number of tankers leaving the Gulf this month, although oil and LNG traffic overall has still been limited.The Very Large Crude Carrier (VLCC) Eagle Veracruz, carrying 2 million barrels of crude loaded from Saudi Arabia in late February, is heading to Quanzhou port in the southeastern Chinese province of Fujian.
Cadeler’s First Quarter Revenue Jumps on Offshore Wind Fleet Expansion
Cadeler has reported higher first-quarter revenue and earnings, supported by expanded offshore wind installation activity following growth in its operating fleet.The Danish offshore wind vessel operator posted revenue $145.2 million (€125 million) for the first quarter of 2026, up from $75.5 million (€65 million) in the same period last year, while EBITDA rose to $54 million (€47 million) from $27.9 million (€24 million).Fleet utilization across Cadeler’s 10 operating vessels was 47.6% during the quarter…
UK Eases Russian Fuel Sanctions to Safeguard Diesel and Jet Supply
Britain will allow imports of diesel and jet fuel refined abroad from Russian crude under a sanctions carve-out, watering down restrictions to help ensure supply at home as prices soar due to the conflict in the Middle East.While Britain's support for Ukraine remains steadfast, junior treasury minister Dan Tomlinson said, he added that the national interest had to come first and therefore a loosening of certain sanctions on some Russian products for now made sense."We have to make sure that we protect the security of supply for really important foundational goods in our economy…
South African Veterinary Association Stands Against Live Export
The South African Veterinary Association’s (SAVA) has released a formal position statement opposing the export of live animals by sea for slaughter at destination.SAVA joins many other international veterinary associations in condemning this practice. SAVA’s statement draws on extensive peer-reviewed scientific research to conclude that the welfare of animals transported by sea is unavoidably compromised. It identifies a range of inherent harms, among them thermal stress, dangerous ammonia accumulation, the physical impact of ship motion, and risk of infectious disease.