A strong warning has been issued to the Houthi rebels in Yemen by the United States and twelve of its allies, including Australia, Belgium, Bahrain, Canada, […]
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 […]
Houthis targeted a Singapore-flagged vessel on March 8, 2024, in a recent series of attacks; however, they missed the target, and the missiles exploded near the […]
The Philadelphia Port welcomed the biggest container ship to ever call at America’s East Coast on Friday morning. Video Credits: FOX 29 Philadelphia The 1300-foot-long ship […]
A Japanese collaboration between Hitachi Zosen Corporation and NYK has been chosen in a new research competition to develop the devices required to eliminate nitric oxide […]
On Thursday, the Indian navy successfully evacuated 20 crew members from a Greek-operated, stricken vessel in the Red Sea following a Houthi attack that took the […]
The U.S. military informed on Wednesday that it had conducted strikes on two unmanned aerial vehicles in a Houthi-controlled region of Yemen that had posed a […]
The UK government is prepared to provide record assistance for offshore wind farms in an upcoming auction, allocating more than £1 billion ($1.4 billion USD) per […]