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Today
French frigate escort. Photo: EUNAVFOR
Shipping

Container Shipping Industry Sees Exponential Profit Surge Driven by Red Sea Situation

The container shipping industry has experienced a remarkable turnaround in the third quarter of 2024, with total net income soaring to $26.8 billion, marking a

1 min ago
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an overhead view of port of los angeles docks
Ports

Cargo Surge Continues at Port of Los Angeles

The Port of Los Angeles handled an unprecedented 905,026 Twenty-Foot Equivalent Units (TEUs) in October—marking a significant 25% increase from the previous

1 hour ago
Total Views: 124

Seaspan Garibaldi LNG bunkering vessel
Shipping

Seaspan Energy Secures First LNG Bunkering Accreditation at Port of Vancouver

Seaspan Energy has received the first-ever liquefied natural gas (LNG) bunkering accreditation from the Vancouver Fraser Port Authority (VFPA). This landmark

3 hours ago
Total Views: 202

Danish Navy Staying With Chinese Ship Suspected of Severing Baltic Sea Cables
Defense

Danish Navy Staying With Chinese Ship Suspected of Severing Baltic Sea Cables

The Danish military said on Wednesday that it was staying close to a Chinese ship currently sitting idle in Danish waters, days after two fiber-optic data

4 hours ago
Total Views: 868

Jane McAllister works a ZIM containership at the Port of Virginia. Photo courtesy McAllister Towing
Shipping

ZIM Rewards Investors with Massive Dividend Payout

Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has reported stellar third-quarter results for 2024 amid record volumes and higher

4 hours ago
Total Views: 355

Royal Navy Type 23 Duke class frigate HMS Northumberland is pictured during a port visit into Dar Es Salam, Tanzania, December 28, 2012. UK Ministry of Defence Photo
Defense

UK Defence Secretary Announces Major Naval Decommissions in Sweeping Defence Overhaul

UK Defence Secretary John Healey has announced the decommissioning of several naval vessels as part of a broader defence reform strategy. The decision,

5 hours ago
Total Views: 529

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Today
Kremlin Says ‘Absurd’ to Suggest Russia Involved in Baltic Sea Cable Damage
Offshore

Kremlin Says ‘Absurd’ to Suggest Russia Involved in Baltic Sea Cable Damage

Russia dismissed as "absurd" on Wednesday any suggestion that it had been involved in damage caused at the weekend to two fiber-optic data telecommunication

5 hours ago
Total Views: 241

Netherlands to Hire Private Security Firms for North Sea Infrastructure Amid Russian Threats
Defense

Netherlands to Hire Private Security Firms for North Sea Infrastructure Amid Russian Threats

The Netherlands plans to temporarily enlist additional personnel and equipment from private companies to strengthen security in its part of the North Sea,

5 hours ago
Total Views: 216

USCG Cutter Munro Seizes $335M Worth of Cocaine in Eastern Pacific
Defense

USCG Cutter Munro Seizes $335M Worth of Cocaine in Eastern Pacific

In a significant blow to drug traffickers, the crew of Coast Guard Cutter Munro (WMSL 755) has successfully intercepted and offloaded more than 29,000 pounds

7 hours ago
Total Views: 1469

Chinese Vessel Suspected in Cable Incident Remains Stopped with Danish Navy Alongside
Featured

Chinese Vessel Suspected in Cable Incident Remains Stopped with Danish Navy Alongside

Chinese bulk carrier Yi Peng 3 remains stopped in the Danish Straits with a Navy patrol ship in close proximity. The vessel is suspected of being involved in

10 hours ago
Total Views: 27453

Tuesday, November 19, 2024
A gas leak from Nord stream 1 is seen in the Swedish economic zone in the Baltic Sea in this picture taken from the Swedish Coast Guard aircraft on September 28, 2022. Swedish Coast Guard/Handout via TT News Agency/via REUTERS
Defense

European Officials Denounce Russian Hybrid Attacks Amid Sabotage Probes

European governments accused Russia on Tuesday of escalating hybrid attacks on Ukraine's Western allies, as Baltic nations investigated whether the cutting of

23 hours ago
Total Views: 1946

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Tuesday, November 19, 2024
Massive Bomb Cyclone Explodes Off Pacific Northwest: Mariners Face Hurricane-Force Winds and 36-Foot Seas
Marine Weather

Massive Bomb Cyclone Explodes Off Pacific Northwest: Mariners Face Hurricane-Force Winds and 36-Foot Seas

A rapidly intensifying weather system, known as a “bomb cyclone,” has developed off the U.S. West Coast, creating perilous conditions for mariners

23 hours ago
Total Views: 3143

MV Glen Sannox departure
Shipping

MV Glen Sannox: A Long-Awaited Ferry Finally Approved for Passenger Service

The long-awaited MV Glen Sannox, under construction at Scotland’s Ferguson Marine shipyard, has officially received regulatory approval to carry passengers.

November 19, 2024
Total Views: 1616

Biter tug capsizing
Accidents

Too Fast, Too Fatal: Excessive Speed and Communication Lapses Doomed Tug ‘Biter’

The UK Marine Accident Investigation Branch (MAIB) has released its report into last year’s tragic capsizing of the twin-screw conventional

November 19, 2024
Total Views: 2612

Details of Baltic Sea Cable Incident Remain Murky as Danish Navy Shadows Chinese Vessel
Featured

Details of Baltic Sea Cable Incident Remain Murky as Danish Navy Shadows Chinese Vessel

A day after the C-Lion1 and BCS subsea data cables in the Baltic Sea, connecting Finland and Germany as well as Sweden and Lithuania, were damaged, specifics

November 19, 2024
Total Views: 28344

Jackup rigs under construction at the Keppel FELS shipyard in Singapore.
Offshore

Keppel to Take Full Control of Legacy Rigs Amid Offshore Market Rebound

Singapore-based rig builder Keppel Ltd. is set to secure complete control over 13 legacy rigs currently held by Rigco Holding Pte. Ltd. (Asset Co), part of a

November 19, 2024
Total Views: 1073

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Tuesday, November 19, 2024
A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf.REUTERS/Raheb Homavandi//File Photo
Shipping

Iran Rejects European and British Sanctions on Its Shipping Lines as ‘Unjustified’

New EU and British sanctions are based on false claims of missile transfers to Russia and are "unjustified," Iran Foreign Ministry spokesperson Esmaeil

November 19, 2024
Total Views: 586

A tug escorts a containership at the Port of Los Angeles, California. Photo: Robert V Schwemmer / Shutterstock.com
Ports

Green Shipping Corridors Face ‘Feasibility Wall’

The maritime industry’s ambitious push towards zero-emission shipping through green corridors is gaining momentum but faces critical challenges,

November 19, 2024
Total Views: 571

irisl containers
Shipping

UK Tightens Grip on Iran with New Sanctions Targeting Shipping and Aviation Sectors

The UK government on Monday announced a new round of sanctions targeting key Iranian entities in the shipping and aviation sectors, part of a broader

November 19, 2024
Total Views: 432

Germany Says Damage to Baltic Underwater Cables Should be Presumed Sabotage
Incidents

Germany Says Damage to Baltic Underwater Cables Should be Presumed Sabotage

The damaging of two undersea telecoms cables in the Baltic Sea should be presumed to be sabotage, Germany said on Tuesday, while Lithuania's armed forces

November 19, 2024
Total Views: 1740

Monday, November 18, 2024
FILE PHOTO: Rep. Sean Duffy, R-WI, questions Federal Reserve Chairman Jerome Powell during his testimony before a House Financial Services Committee hearing on the "Semiannual Monetary Policy Report to Congress", at the Rayburn House Office Building in Washington, U.S., July 18, 2018. REUTERS/Mary F. Calvert/File Photo
Shipping

Trump Taps Fox Host and Former Congressman Sean Duffy for Transportation Secretary

President-Elect Donald Trump has nominated former Congressman Sean Duffy as the next Secretary of Transportation, a move likely to spark discussion within the

November 18, 2024
Total Views: 2543

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