Seaboard Marine has introduced the Seaboard Victory, the second LNG-powered ship in its advanced V-Class fleet, with a capacity of 3,500 TEU and...

The second LNG-powered liquid CO2 (LCO2) transport ship, Northern Pathfinder, has been delivered to Northern Lights JV. Northern Pathfinder will play a critical...

The Baltic Exchange Dry Bulk Index declined by 52.5% in 2024, its worst performance since 2014. All vessel categories, including capesize, panamax, and...

Anchor Damage Likely Cause of Undersea Power Cable and Internet Outages. Power and Internet Infrastructure Severed After Baltic Sea Incident. International Allies Offer...

  Independent Chinese Refiners Struggle with Rising Oil Costs. Discounts on Iranian Crude Narrow as Sanctions Tighten. Geopolitical Tensions Drive Up Iranian Oil Prices. Iran's...

Refined oil product inventories at the UAE's Port of Fujairah increased by 4.7% in the week ending December 23rd, indicating a potential annual gain....

The global freight market is facing significant challenges due to geopolitical tensions. The ongoing US-China trade war, the Russia-Ukraine conflict, and instability in the...

NASA's Parker Solar Probe, which made history by reaching its closest approach to the Sun on December 24th, was out of contact on Christmas...

A Chinese self-propelled deck vessel with a carrying capacity of 58,000 tonnes has successfully completed sea trials and has been declared seaworthy. This vessel...

The surge in new vessel orders is straining the shipbuilding industry's capacity to meet demand. This high level of shipbuilding activity is reminiscent of...