LNG Shipping Stocks Rally as UPI Approaches Resistance on Strong Volume
UPI Gains 2.98% on Strong Volume and EU–US LNG Deal.
Japanese Shipping Giants Lead Weekly Rally.
Chevron and Exmar Advance, Shell Lags Near Resistance.
LNG shipping stocks reported a notable increase last week, with...
Houthis Release Video of Eternity C Crew in Custody
Ten Eternity C Seafarers Shown Alive After Red Sea Attack.
Crew Claims Houthis Saved Them, Israeli Media Calls Video Propaganda.
Four Filipino Crew Presumed Dead, Questions Remain Over Missing Sailor.
On July 28, Yemen’s...
Golden Ocean–CMB.Tech Merger Set to Close After August 19 Meeting
CMB.Tech Eyes August 20 for Merger Completion and Oslo Bors Debut.
Golden Ocean Shareholders to Receive CMB.Tech Stock in Share Swap Deal.
CMB. Tech Acquired $1.2B Fredriksen Stake to Seal Merger with Golden...
Hanwha Ocean Reports Q2 Profit Surge on LNG Carrier Demand
Hanwha Ocean posted a Q2 net profit of 148.5 billion won, reversing a loss from last year.
Higher LNG carrier orders and more working days boosted performance.
Operating profit surged to 371.7 billion...
Dragging Anchor Incident Leading to Multi‑Vessel Collision
This incident summary is based on an investigation report highlighting a dragging anchor event involving a general cargo vessel that led to collisions with two other nearby vessels. The report examines the sequence of...
‘Mayday’ Call: Boeing 787-8 Returns to Washington After Engine Failure Minutes Into Flight
United Airlines flight UA108, a Boeing 787-8 Dreamliner bound for Munich, returned to Washington Dulles shortly after takeoff due to a left engine malfunction.
The crew declared a ‘Mayday’ at 5,000 feet and...
Gemini Lifts Schedule Reliability to 90% Despite Port Congestion
Gemini schedule reliability improved from 60% in February to nearly 90% in June, outperforming other major alliances.
Performance was impacted by ongoing congestion at key European and Asian ports.
Strategic use of less...
AWO Report Charts New Course To Prevent Falls Overboard In U.S. Maritime Industry
Falls overboard continue to be the leading cause of fatalities in the U.S. tugboat, towboat, and barge industry. Despite notable safety improvements over the past two decades, the American Waterways Operators (AWO) acknowledges that...
ClassNK Endorses “CYTUR-MCTI” Maritime Cybersecurity Solution
Leading classification society ClassNK has granted its Innovation Endorsement for Products & Solutions to “CYTUR-MCTI”, an advanced maritime cybersecurity support solution developed by CYTUR in partnership with Rakuten Symphony. This endorsement recognizes the innovative...
Vessel Linked to Balticconnector Pipeline Damage Cleared for Northern Sea Route
Two years after an incident that damaged vital subsea infrastructure in the Gulf of Finland, a specific large cargo vessel has again received permission to traverse the Arctic. This development highlights ongoing concerns about...