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
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
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
Seaspan Energy has received the first-ever liquefied natural gas (LNG) bunkering accreditation from the Vancouver Fraser Port Authority (VFPA). This landmark
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
Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has reported stellar third-quarter results for 2024 amid record volumes and higher
UK Defence Secretary John Healey has announced the decommissioning of several naval vessels as part of a broader defence reform strategy. The decision,
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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
The Netherlands plans to temporarily enlist additional personnel and equipment from private companies to strengthen security in its part of the North Sea,
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
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
European governments accused Russia on Tuesday of escalating hybrid attacks on Ukraine's Western allies, as Baltic nations investigated whether the cutting of
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Sign UpA rapidly intensifying weather system, known as a “bomb cyclone,” has developed off the U.S. West Coast, creating perilous conditions for mariners
The long-awaited MV Glen Sannox, under construction at Scotland’s Ferguson Marine shipyard, has officially received regulatory approval to carry passengers.
The UK Marine Accident Investigation Branch (MAIB) has released its report into last year’s tragic capsizing of the twin-screw conventional
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
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
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Employers Start Here Jobseekers Start HereNew EU and British sanctions are based on false claims of missile transfers to Russia and are "unjustified," Iran Foreign Ministry spokesperson Esmaeil
The maritime industry’s ambitious push towards zero-emission shipping through green corridors is gaining momentum but faces critical challenges,
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
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
President-Elect Donald Trump has nominated former Congressman Sean Duffy as the next Secretary of Transportation, a move likely to spark discussion within the
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