The report of the National Transportation Safety Board’s inquiry into the collision of the containership MSC Rita with the fishing trawler Tremont on October 28, 2022, […]
South Korean shipbuilding major Samsung Heavy Industries has secured an order for a floating liquefied natural gas (abbreviated FLNG) unit. SHI stated on Tuesday that the […]
Senior UN representatives have pleaded with the Security Council to prevent regional tensions from rising and prioritise safeguarding global supply lines. The end of December 2023 […]
On Thursday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (abbreviated the OFAC) declared actions against the financial networks helping Houthi forces in […]
Oil prices dropped on January 02 as the traders monitored the growing tensions in the Red Sea amid a path-breaking US crude production and worries regarding […]
Maersk announced on Tuesday that it will reroute vessels around Cape of Good Hope (Africa) and permanently halt Red Sea transits. The choice was made in […]
Energy analysts claim that because of the quick expansion of LNG liquefaction plants on the U.S. Gulf Coast, the U.S. now leads the globe in exporting […]
Iran’s Alborz warship has crossed the vital Bab al-Mandeb Strait and entered the Red Sea, according to Iran’s Tasnim news agency. Twelve per cent of international […]
A joint venture called Wisdom Synergy Ship Management (WSSM) has been established by the leading ship management business in Singapore, Synergy Marine Group, and the Taiwanese […]
Representation image Owners are encountering new levels of complexity as previous ship designs are modified to integrate new clean technologies and adopt alternative fuels. In this […]
On January 12, 2024, the Indian Navy said a fond farewell to three legendary vessels: Guldar, Cheetah, and Kumbhir. These served the nation honourably for forty […]
Chinese state media issued a warning, claiming that a well-known American think tank article about the military applications of China’s scientific research across the Indian Ocean […]
The German government has declared that it will be part of a naval mission to safeguard shipping in the Red Sea that attacks from the Iranian-backed […]
Due to a lack of vital components, automakers like Tesla and Geely-owned Volvo Car declared they would halt part of their European production. This is a […]
An unspecified U.S. fighter reportedly shot down an anti-ship cruise missile in Yemen that was fired from the Iran-backed Houthi forces. The missile was going toward […]
Concerns over an ongoing disruption to international trade have led to a notable spike in container shipping prices on major global routes during a week characterised […]
The international shipping industry has been warned to temporarily avoid the vital maritime trade route that connects Asia and Europe in response to the US and […]
In a televised speech, Sayyed Hassan Nasrallah, the leader of Hezbollah, criticised the recent US and UK airstrikes on Yemen and warned that the operations in […]