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Defense

Nigerian Navy Seizes 76 Vessels in Two-Year Crackdown on Oil Theft

The Nigerian Navy has arrested 76 vessels and at least 242 suspects in anti-oil theft operations, and destroyed more than 800 illegal refining sites during a

26 seconds ago
Total Views: 0

Photo of the Navy warship illuminated by lights at a dock under a dark night sky
Shipbuilding

Vigor Marine Group Combines Key U.S. Shipyards, Strengthening Domestic Maritime Capability

In a major consolidation move aimed at boosting America’s commercial and defense maritime capabilities, five prominent U.S. ship repair and marine service

38 minutes ago
Total Views: 123

Maritime NZ Files Charges Against KiwiRail Following Cook Strait Ferry Grounding
Accidents

Maritime NZ Files Charges Against KiwiRail Following Cook Strait Ferry Grounding

Maritime NZ has filed two charges against KiwiRail under the Health and Safety at Work Act 2015 following a comprehensive investigation into the June 2024

3 hours ago
Total Views: 131

Container terminal at Mumbai Port, India
News

India’s Largest Port in the Making to Raise $3.5 Billion Debt

The firm building what will become the largest port in India plans to raise as much as 300 billion rupees ($3.5 billion) of debt, giving lenders an opportunity

3 hours ago
Total Views: 88

Stock photo of the bow of a ship at anchor
Shipping

Australia Targets Russia’s Shadow Fleet with First-Ever Sanctions on 60 Vessels

Australia has launched its first sanctions against Russia’s shadow fleet, targeting 60 vessels involved in circumventing international sanctions imposed

3 hours ago
Total Views: 158

Philippe Louis-Dreyfus
Shipping

Maritime Industry Icon Philippe Louis-Dreyfus Dies at 80

Philippe Louis-Dreyfus, a towering figure in the maritime industry and former president of BIMCO, passed away on June 17 following a sudden illness. As the

3 hours ago
Total Views: 149

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Today
Oil tankers pass through the Strait of Hormuz
Shipping

India May Cut Oil Product Exports If Strait of Hormuz Is Blocked

India is preparing to source crude oil from outside the Persian Gulf and cut its own refined-product exports should the Strait of Hormuz be blocked to ship

6 hours ago
Total Views: 262

Samsung Cancels Order For Icebreaking Gas Carriers For Russia’s Sanctioned Arctic LNG 2 Project
Shipbuilding

Samsung Cancels Order For Icebreaking Gas Carriers For Russia’s Sanctioned Arctic LNG 2 Project

South Korean shipbuilder Samsung Heavy Industries (SHI) has terminated a contract to build icebreaking LNG carriers in partnership with Russia’s Zvezda

9 hours ago
Total Views: 793

Wednesday, June 18, 2025
Explosions take place on the deck of the Greek-flagged oil tanker Sounion on the Red Sea, in this handout picture released August 29, 2024
Shipping

Ambrey: Israeli Ships Told to Avoid Red Sea as U.S. Considers Intervention in Israel-Iran Conflict

Maritime security firm Ambrey reports that Israel-affiliated vessels face high risks in the Red Sea region as tensions escalate between Israel and Iran, with

23 hours ago
Total Views: 1644

ABS Approves Groundbreaking Floating Nuclear Power Module for Maritime Applications
Environment

ABS Approves Groundbreaking Floating Nuclear Power Module for Maritime Applications

The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore

23 hours ago
Total Views: 1152

The Panama Canal as U.S. President Donald Trump plans to regain control of the Canal.
News

Report: China’s COSCO in Talks to Join $19B CK Hutchison Port Sale Amid U.S.-China Tensions

China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global

June 18, 2025
Total Views: 2118


Wednesday, June 18, 2025
A tanker ship is seen in the English Channel at sunrise, near Dover, Britain, August 4, 2021. REUTERS/Peter Nicholls/File Photo
Shipbuilding

Nuclear-Powered Cargo Ships Promise Cleaner, Faster Transport

(Bloomberg) — The commercial shipping industry is chasing a novel carbon-free propulsion technology as it pursues a lofty climate goal: nuclear power.

June 18, 2025
Total Views: 1276

tanker
News

Oil Tanker Market Signals More Middle East Energy Disruption Ahead

While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of

June 18, 2025
Total Views: 321

Oil tankers pass through the Strait of Hormuz
Shipping

Strait of Hormuz Shipping Holds Steady Despite Tanker Collision, Widespread Electronic Jamming

The Joint Maritime Information Center (JMIC) has reported that regional threat levels remain SIGNIFICANT amid ongoing strikes between Iran and Israel, with

June 18, 2025
Total Views: 989

Indian Coast Guard vessels fighting the fire on board the Wan Hai 503, June 10, 2025
Accidents

India Files Criminal Charges Over Deadly Containership Explosion

Indian authorities have launched criminal case against the owner, master, and crew of the Singapore-flagged container vessel Wan Hai 503 following a major fire

June 18, 2025
Total Views: 3924

A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf.REUTERS/Raheb Homavandi//File Photo
Energy

Iran’s Oil Exports Soar as Israel Attack Prompts Cargo Clearout

Iran’s oil exports have jumped since the nation came under attack from Israel on Friday, according to a firm that specializes in monitoring clandestine

June 18, 2025
Total Views: 1541

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Tuesday, June 17, 2025
A OOCL containership docks at the Port of Long Beach
Ports

U.S. West Coast Ports See Sharp Decline Amid Tariff Impacts, But Summer Surge Expected

The Port of Long Beach experienced a significant 8.2% decline in cargo throughput in May, processing 639,160 TEUs as tariffs continue to impact global trade

June 17, 2025
Total Views: 1073

oil tanker
Shipping

Phantom Tankers: GPS Interference Roils Gulf Shipping

The Front Tyne oil tanker was sailing through the Gulf between Iran and the United Arab Emirates on Sunday when just past 9:40 a.m. shiptracking data appeared

June 17, 2025
Total Views: 2232

Smoke rises at an impacted facility site following missile attack from Iran on Israel, at Haifa
Shipping

War Risk Premiums for Israel Surge as Conflict With Iran Escalates

War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day,

June 17, 2025
Total Views: 1201

Oil tankers pass through the Strait of Hormuz
Shipping

Oil Freight Rates Jump in Mideast as Iran Conflict Fans Risk

Oil-shipping rates for Middle Eastern routes have spiked after some tanker owners and managers paused offering vessels as they assess risks from Israel’s

June 17, 2025
Total Views: 486

An anchored tanker ship at night
Shipping

Britain Targets Putin’s Shadow Fleet in Sweeping G7 Sanctions

The United Kingdom has announced a significant maritime sanctions package targeting Russia’s shadow fleet, with 20 oil tankers now under restrictions as

June 17, 2025
Total Views: 1150