Houthis Sanction U.S. Oil Majors Over Rising Tensions
Nine executives and two vessels were targeted.
Sanctions in retaliation for earlier U.S. measures.
Analyst warns targeting could violate the ceasefire agreement.
On Tuesday,...
Busan Vessel Oil Spill Investigation Yields Arrest
39 litres of waste oil were dumped near Cheonghak Waterfront Park.
Coast Guard completes cleanup within hours.
Drone and sample analysis identify the...
T. Parker Host Expands with Ascension Bulk Terminal Acquisition
New terminal spans 230 acres with 190 acres for future development.
HOST commits $6 million for upgrades and equipment enhancements.
CEO Adam Anderson...
Maritime Security Risks Escalate in Red Sea and Gulf of Aden
Dutch cargo vessel MINERVAGRACHT hit by a missile, two crew injured.
Vessel attacked twice in a week, no Israeli links confirmed.
Houthi forces...
Crude Tanker Market Driven by Fragile China and Resilient India
VLCC supply tightens amid ageing fleet and limited renewal.
China’s crude imports rise on stockpiling, not consumption.
Refining overcapacity and EV growth weaken...
Lessons Learned: Hand Injury During Routine Waste Disposal on Tanker
An incident occurred on board a tanker underway in fair weather conditions. The case was reported by The Nautical Institute and involved a crew...
Costamare Bulkers Signs Cooperation Agreement with Cargill International
Costamare Bulkers signed a strategic cooperation agreement with Cargill International to strengthen dry bulk operations.
The deal transfers the majority of Costamare’s trading...
Wärtsilä Signs 10-Year Lifecycle Agreement for OPearl’s 14 LNG Carriers
Wärtsilä signed a ten-year Lifecycle Agreement with OPearl LNG Ship Management covering 14 LNG carriers.
The agreement includes Dynamic Maintenance Planning, Expert Insight...
Savannah Port Sees 9% Rise in August Container Volumes
The Port of Savannah achieved strong container growth in August 2025, while Georgia Ports launched a new fast-track routing system to improve efficiency.
...
Maritime Forum Releases Safety Guidelines for Methanol Dual-Fuel Ship Inspections
Methanol is gaining traction as a marine fuel but requires strict safety measures due to its hazardous properties.
The new MTF guidelines provide...