In February 2026, the U.S. Court of Appeals for the Fifth Circuit issued a major decision that caught the attention of shipowners, bunker suppliers, charterers, and maritime lawyers around the world. The case – Three Fifty Markets, Ltd. v. M/V ARGOS M, et al. – is a masterclass in how maritime liens, bunker supply chains, and “no lien” clauses collide in modern shipping commerce
Chinese cruise operators are scrambling to avoid Japanese ports as Beijing and Tokyo engage in a diplomatic dispute, which is expected to spur demand for tourism in South Korea, according to sources and cruise schedules reviewed by Reuters.Tour and port agents said tensions, sparked by recent remarks from Japan's new prime minister
Captain Chris Welch of Kennebunk, Maine, is catching fewer lobsters this spring because spiking diesel prices have made it too costly to take out his fishing boat as often as he normally would.Instead of checking and re-baiting his traps every four or five days to collect the valuable crustaceans, he's doing so every seven to 10 days to conserve fuel.
The owners of three vessels chartered by India's Nayara Energy have asked to end their contracts with company, six sources familiar with the matter said on Tuesday, under pressure from EU sanctions imposed on the Russian-owned refiner.Nayara, majority-owned by Russian entities including oil major Rosneft