Maritime Events
Morning Watch — today

The brief · Saturday, 14 November 2026

Tanker capsizes New Orleans riverboat as CMA CGM profit more than triples

  1. 01Safety & incidents

    Tanker capsizes docked riverboat on the Mississippi in New Orleans

    A Marshall Islands-flagged asphalt tanker struck a moored American Cruise Lines paddle-wheeler at New Orleans on Friday, causing it to capsize and putting passengers into the water. Local officials said nobody was unaccounted for. More than 30 people were taken to hospital, none in a critical condition.

  2. 02Safety & incidents

    Iran reports LNG carrier mine blast as Hormuz traffic stays low

    Iran's Revolutionary Guards navy said an LNG-laden tanker hit a naval mine and exploded in the Strait of Hormuz on Friday, claiming it was using an unauthorised route. Vessel traffic through the strait is reported at about 65% below pre-conflict levels. A Liberia-flagged crude tanker was also hit by a projectile off Mina Saqr on 11 November.

  3. 03Markets & finance

    CMA CGM profit more than triples; other box lines also report gains

    CMA CGM's third-quarter net profit more than tripled to $2.32bn, with revenue up 31% and volumes up 5.5% to 6.5m teu, though the group expects uncertain months ahead. Hapag-Lloyd also reported a sharp rise in quarterly earnings, while Evergreen's nine-month profit climbed 18% to $2.16bn.

  4. 04Markets & finance

    Box spot rates ease as blank sailings rise and new surcharges land

    Transpacific and Asia–Europe spot rates slipped again amid softer post-peak demand and more blanked sailings, and Drewry's index fell 2% over the week. Maersk and CMA CGM have still announced Asia–North Europe peak season surcharges, from 1 December and 25 November respectively. Xeneta put global on-time arrivals at 24% for October.

  5. 05Markets & finance

    Dry bulk index ends winning run; crude tanker rates retreat

    The Baltic Dry Index fell 1.3% to 2,980 points on Friday as Capesize rates eased, ending a seven-day rise, although one outlet reported a conflicting figure of 2,590. Crude tanker rates have fallen this month from unprecedented highs, with ample VLCC tonnage. OPEC said record VLCC rates had pushed dirty tanker earnings sharply higher in October.

  6. 06Regulation & policy

    US keeps up opposition to IMO net-zero plan; Jones Act waiver extended

    The US restated its firm opposition to the IMO Net-Zero Framework, describing it as a tax on shipping. The FMC chairman said consensus on an alternative could form within weeks, with final text worked out in 2027. Separately, President Trump extended into 2027 the Jones Act waiver allowing foreign-crewed tankers to carry energy cargoes.

  7. 07Cyprus & East Med

    Cyprus and East Med: industry priorities and regional rule changes

    Cyprus Shipping Chamber president Neophytou outlined priorities including Schengen, global competitiveness, maritime careers and the green transition. Cypriot executive Thomas Kazakos will raise the problem of fragmented national rules in Hong Kong next week. Piraeus climbed the DNV maritime cities ranking, and Turkey will raise marine pollution fines by 27.83% from January 2027.

Written by Maritime AI at 06:31 Cyprus time from 250 headlines and their outlets’ own summaries. It can get things wrong — read the original articles before you rely on anything here.