Latest Maritime News

Seatrade Maritime

accidents February 5, 2026

Solong Captain Sentenced to Six Years Over Crewman's Death

Vladimir Motin, captain of the vessel Solong, received a six-year prison sentence after a judge deemed his explanation of events leading to crewman Angelo Pernia's death as 'implausible,' reports Seatrade Maritime. The incident involved an allision, which resulted in the tragic loss of life.

Solong

Seatrade Maritime

gCaptain

market February 5, 2026

Container Shipping Rates Decline as Pre-Lunar New Year Surge Fails

Container shipping rates have declined for the fourth week in a row, as reported by gCaptain, due to the absence of the usual pre-Lunar New Year cargo surge. This has led carriers to announce a significant number of blank sailings amid ongoing uncertainty over demand and Suez Canal transits.

gCaptain

gCaptain

security February 5, 2026

French Polynesia Sees Over 9 Tons of Cocaine Seized in Recent Operations

French naval forces have intercepted 4.24 tons of cocaine off the coast of French Polynesia, marking the second significant drug seizure in the region within three weeks, according to gCaptain. This highlights increasing concerns over Pacific shipping lanes being utilized for transporting South American cocaine toward Asia and Oceania.

gCaptain

gCaptain

security February 5, 2026

US and Russia Reopen Military Hotline to Enhance Maritime Safety

The U.S. and Russia have agreed to resume military communication channels after a three-year hiatus, as reported by gCaptain. This move is aimed at reducing the risk of miscalculations in the Black Sea, Arctic, and Europe, which are crucial areas for commercial shipping safety.

gCaptain

gCaptain

market February 5, 2026

Maersk Faces Q4 Loss Amid Red Sea Route Reopening Challenges

Maersk experienced a rare quarterly loss in its Ocean division as freight rates declined and the company cautiously resumed transits through the Red Sea and Suez Canal, according to gCaptain. This development highlights the financial pressures on carriers due to overcapacity and the cessation of Cape of Good Hope diversions.

gCaptain

Offshore Energy

technology February 5, 2026

MacGregor to Equip South Korean Vessel with 400-Ton Subsea Crane

Offshore Energy reports that MacGregor is set to supply a 400-ton active heave compensated subsea crane for a new floating wind construction vessel in South Korea. This development marks a significant advancement in the country's offshore wind capabilities.

Offshore Energy

gCaptain

security February 5, 2026

Estonia Clears Baltic Spirit After Unsuccessful Drug Raid

The Baltic Spirit, a ship bound for Russia, was released by Estonian authorities after a SWAT operation involving a helicopter found no drugs on board, as reported by gCaptain. The incident underscores the challenges smaller NATO countries face in policing Baltic shipping.

Baltic Spirit

gCaptain

Splash247

accidents February 5, 2026

Explosion Disables MSC Giada III Near St Petersburg

The MSC-operated container ship MSC Giada III experienced an explosion and fire in its engine room while approaching St Petersburg, as reported by Splash247. The Liberia-flagged vessel, with a capacity of 2,732 teu, was traveling from Belgium to Russia's Neva Bay when the incident occurred.

MSC Giada III (container) St Petersburg (RU)

Splash247

Offshore Energy

operations February 5, 2026

SBM Offshore Unit to Develop CO2 Transport Solution for North Sea

IMODCO Terminals, a subsidiary of SBM Offshore based in the Netherlands, has been awarded a contract for the front-end engineering design of a CO2 transport and injection solution for the Southern North Sea, as reported by Offshore Energy. This initiative marks a significant step in carbon management efforts in the region.

Offshore Energy

Splash247

ports February 5, 2026

AD Ports Group Secures 30-Year Deal for Aqaba Terminal

AD Ports Group has signed a 30-year concession agreement with Aqaba Development Corporation to manage and operate the Aqaba multipurpose port, as reported by Splash247. The agreement involves AD Ports taking a 70% stake in a new joint venture, while Aqaba Development Corporation will hold the remaining 30%.

Aqaba (JO)

Splash247