Oil imports from the U.S. Gulf Coast to Asia have become less profitable since the increase in very large crude carrier (VLCC) rates, reducing the opportunity […]
The Dutch dredging and marine services business Royal Boskalis B.V. has awarded MAN Energy Solutions a contract to supply three MAN 49/60 engines for a 31,000 […]
The Japanese Yanmar Group firm, Yanmar Power Technology (abbreviated the YPT), has reportedly embarked on the building of a hydrogen-fueled four-stroke advanced high-speed engine to generate […]
Japanese shipping major Nippon Yusen Kaisha (abbreviated NYK) has reportedly ordered eight advanced MAN B&W ME-GA engines via a German manufacturer named MAN Energy Solutions (abbreviated […]
A Sweden-based shipping major, Stena RoRo, has reportedly ordered an advanced LNG dual-fuel RoPax (a roll-on/roll-off passenger vessel) from China’s shipbuilder CMI Jinling (Weihai). The vessel […]
Oil and fuel tanker traffic in the waters of the Red Sea was pretty stable in December, despite several container vessels having rerouted owing to attacks […]
On Tuesday, Israel’s Transport Ministry declared that it is seeking to clarify COSCO’s decision to pause shipping activities toward Israel. This week, Israeli media reported that COSCO […]
A Singapore-based maritime organisation reported a 19% rise in ship robberies in Southeast Asian waterways in 2023. Out of 100 cases, there was one attempt at […]
The United Arab Emirates has banned Cameroonian flag vessels from entering its seas. The action aims to distance the emirate from vessels transporting prohibited oil, especially […]
The continuous Houthi rebel strikes on commercial vessels in the Red Sea are causing more significant damage to global supply networks than the early phases of […]
The largest container ship to ever sail Nigerian waters was successfully berthed at the Lekki Deep Seaport on Sunday, January 21, 2024, marking the beginning of […]
Commanders from Lebanon’s Hezbollah organisation and Iran’s Islamic Revolutionary Guards Corps (IRGC) are apparently on the ground in Yemen, actively supervising and coordinating Houthi attacks on […]
Chile became the world’s first country to ratify the Global Ocean Treaty that aims to conserve marine biodiversity in international waters and preserve 30% of the […]
In an interview with the Russian Outlet Izvestia, a senior Houthi official announced that Russian and Chinese ships could safely cross the Red Sea as long […]
The United States destroyed three anti-ship missiles launched by Houthis in a fresh round of attacks carried by the U.S. against the Group amidst heightening tensions […]
On January 2, the first large-scale project in the United States, Vineyard Wind 1, provided the first power to the Massachusetts grid, marking a significant milestone […]
The Indian Navy states that one of its guided-missile destroyers on Thursday rescued the crew of a U.S.-owned vessel, which was attacked by Yemeni Houthi rebels […]