A joint letter organized by the American Biofuels Maritime Initiative (ABMI) has been sent to U.S. Secretary of State Marco Rubio ahead of this week's negotiations at the IMO MEPC 84 meeting in London. The effort is aimed at ensuring that global maritime decarbonization also translates into durable new demand for American biofuels and additional income streams for U.S.
Taiwan remained on high alert on Wednesday after China staged massive military drills around the island the previous day, keeping its emergency maritime response centre running as it monitored Chinese naval manoeuvres, the coast guard said.The exercises named "Justice Mission 2025" saw China fire dozens of rockets towards Taiwan and deploy a large number of warships and aircraft near the island
The U.S. inland waterways don’t just move cargo — they move people into long-term, well-paid careers. At a time when trucking and rail struggle with shortages, turnover, and burnout, inland waterways operators quietly offer something different: a job you can start without experience, a career you can grow into, and a paycheck that gets better every step of the way.
St. Catharines, Ontario–based Algoma Central Corporation (TSX: ALC) reported a solid third quarter for 2025, marked by fleet milestones, steady revenue growth across segments, and ongoing investment in next-generation vessels.For the quarter ended September 30, Algoma posted revenue of C$228 million, up from C$205 million a year earlier, and EBITDA of C$89.7 million, a 19% increase year-over-year.
Russia's main grain lobby group warned on Friday that Ukrainian drone attacks on Russian ships and ports could shut down grain exports via the Black Sea in the near future, pushing up prices and causing hunger in Africa and the Middle East.Russia, the world's largest wheat exporter, and Ukraine, also a major agricultural exporter
Ukraine will do everything possible to protect its seaports and guarantee grain exports at no less than last season's level,its deputy economy minister, Taras Vysotskiy, told Reuters on Wednesday.Russia has sharply stepped up attacks in recent weeks on Ukrainian Black Sea ports' infrastructure and on cargo vessels entering Odesa ports to export grain and other agricultural goods.
“Global grain shipments have increased 13% y/y so far this year, supported by strong wheat, maize and soya bean exports from the Americas and Europe. Improved harvests across most major exporters have boosted their export surpluses, driving higher shipments to Asia, the Middle East and North Africa,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.
A vessel carrying grain that Ukraine says was stolen from areas occupied by Russia will not unload in Israel, Ukraine said on Thursday, after Kyiv requested Israel to seize the cargo.Ukraine's prosecutor general, Ruslan Kravchenko, said on the Telegram app that the vessel, Panormitis
Ukraine has asked Israel to seize a vessel carrying grain it says was stolen from areas occupied by Russia, its top prosecutor said on Wednesday, amid a diplomatic tussle between the two countries over the shipment.Ukraine and Israel traded accusations on Tuesday, with Ukraine saying it had repeatedly urged Israel via diplomatic channels to take measures regarding the vessel.
Israel risks a diplomatic and legal response from Kyiv if it allows a vessel carrying grain from Russian-occupied Ukraine to dock at the port of Haifa, a Ukrainian diplomatic source told Reuters on Monday.Israel's Haaretz newspaper reported earlier that the vessel Panormitis, which it said was carrying grain from occupied Ukrainian territory that Kyiv regards as stolen
"During the first six weeks of 2026, global bulk grain shipments have jumped 15% y/y, supported by a 30% y/y surge in soya bean shipments and a 17% increase in wheat shipments. Record harvests in the Southern Hemisphere are boosting exports while North America has continued to ship its high export surplus.
“Russian and Ukrainian grain shipments are estimated to have plunged 49% combined y/y between January and August 2025. Both countries had a smaller export surplus following weaker grain harvests in the second half of 2024. Overall, the combined production from both countries was 10% below pre-war levels,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.According to data from the U.S.