Profitable investments in Shuttle DP tankers are a great opportunity for shipping companies according to Clarksons research.
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Salvage teams are making progress removing containers and fuel from the grounded MSC Baltic III off Newfoundland, mitigating environmental risks.
Israel launches retaliatory airstrikes on Yemen after Houthi missile attacks target Israeli airports and cities, escalating regional tensions and impacting civilians.
The EU ETS carbon trading scheme poses serious challenges for small shipping companies. Discover how compliance costs, limited resources, and regulatory complexity may push smaller players to the margins of …
The CEO of Penn America Energy Holdings, Franc James, recently met with White House officials to discuss the company’s long-standing proposal to construct a liquefied natural gas (LNG) terminal near …
In a significant move signaling Russia’s ambition to reclaim its status as a top maritime power, President Vladimir Putin has approved a comprehensive new naval strategy. This long-term plan, extending …
The United States is reportedly considering establishing a new USVI ship registry in the U.S. Virgin Islands (USVI). This initiative, backed by Governor Albert Bryan Jr., aims to bolster the …
Petrobras Charts Ambitious Course: $5.1 Billion Investment to Expand Fleet by 52 Vessels Brazil’s state-run oil giant Petrobras is set to significantly expand its operational capabilities with a massive Petrobras …
WELLINGTON, New Zealand – June 6, 2025 — New Zealand maritime authorities are calling for a nationwide ban on substandard vessels following the release of a damning investigation into the 2023 …
In a developing maritime emergency in the mid-Pacific, the cargo ship Morning Midas was abandoned after a fire broke out on June 3, approximately 300 miles southwest of Adak, Alaska. …