Daily News

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 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 …

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 …

Turkey’s shipbuilding industry, once a global leader in specialized vessels, is experiencing a significant downturn. Exports have plummeted due to escalating production costs, difficulties in securing financing, and heightened global …

The global shipping industry faces significant challenges in achieving net-zero emissions, despite the emergence of innovative solutions. While new technologies and alternative fuels are being explored, their high costs and …

The U.S. shipbuilding industry stands at a pivotal crossroads. Once a global leader, it faces mounting challenges—from labor shortages and aging infrastructure to rising geopolitical demands. As the world’s maritime …

Explore the green transformation of the global shipbuilding market as it embraces sustainability and innovation to meet climate goals.

The shipping industry is gradually showing signs of fatigue, with shipbrokers highlighting a slowdown following three years of robust ordering activity and substantial investment. Current data reflect a decline in …

DP World, a leading global logistics and port operator, has announced a significant investment of $2.5 billion in infrastructure for the year. This strategic move aims to enhance its operational …