Houthis Increasing Grip on Shipping in Red Sea
Following their initial successful attack on a vessel, Houthis have declared any ship entering their territorial waters must secure a permit.
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Following their initial successful attack on a vessel, Houthis have declared any ship entering their territorial waters must secure a permit.
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The Italian Navy destroyed a drone over the Red Sea, acting in defense under the European Union's new naval operations in that region.
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The transaction involving a VLCC under the Norwegian flag has established a fresh high point, reflecting the ongoing rise in tanker asset prices.
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The Nautical Sunrise consortium is on a mission to establish the world's largest OFS power project, situated off the coast of the Netherlands.
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Bellingcat & the Trinidad & Tobago Guardian have identified a Panama-based entity as the company behind a severe oil spill in the Caribbean.
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Trafigura is tackling the scarcity of contemporary supertanker capacity by venturing into the construction of its very first VLCCs.
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Diamond Offshore Drilling awarded 2-year extension for its contract with BP subsidiary in US Gulf of Mexico for its seventh-generation drillship.
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The maritime crisis in the Red Sea has escalated with the recent sinking of the Rubymar bulk carrier early on Saturday.
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CSSC Qingdao Beihai Shipbuilding, recognized as the premier builder of newcastlemax vessels has secured an order for two ammonia-ready bulkers.
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Grindrod Shipping is proceeding with its strategy to offload ships, announcing the sale of another handysize vessel from its fleet.
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Genco Shipping & Trading, a US-listed operator of bulk carriers, has not succeeded in its initial attempt to finalize sale of 2 capesize vessels.
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RWG container terminal announces plans to install shore-based power systems along entire dockside, allowing all vessels to access the facility.
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Large bulk carriers are earning significant profits, with the frequency of transactions involving these ships reaching high levels.
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Fastest expanding fleet in percentage terms belongs to company more commonly linked with budget-friendly products found in European supermarkets!
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The French shipping company CMA CGM has finalized its purchase of the family-owned Bolloré Logistics for €4.85 billion ($5.25 billion).
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