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
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
In a major consolidation move aimed at boosting America’s commercial and defense maritime capabilities, five prominent U.S. ship repair and marine service
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
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
Australia has launched its first sanctions against Russia’s shadow fleet, targeting 60 vessels involved in circumventing international sanctions imposed
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
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
South Korean shipbuilder Samsung Heavy Industries (SHI) has terminated a contract to build icebreaking LNG carriers in partnership with Russia’s Zvezda
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
The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore
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
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(Bloomberg) — The commercial shipping industry is chasing a novel carbon-free propulsion technology as it pursues a lofty climate goal: nuclear power.
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
The Joint Maritime Information Center (JMIC) has reported that regional threat levels remain SIGNIFICANT amid ongoing strikes between Iran and Israel, with
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
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
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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
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
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,
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
The United Kingdom has announced a significant maritime sanctions package targeting Russia’s shadow fleet, with 20 oil tankers now under restrictions as
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