A heroic rescue unfolded on Friday when the crew of a tugboat taking on water in Sabine Pass, Texas, used a handheld torch to free two trapped crewmen. Coast

By Chunzi Xu and Alex Longley (Bloomberg) — The center of gravity in the global oil-refining complex is shifting sharply eastward — and that’s

By Barry Parker (gCaptain) – The International Maritime Organization’s (IMO) upcoming environmental meeting, MEPC 80, is now three months away. It

European Commission decision reinforces the crucial role Filipino seafarers play in global shipping and trade. The European Commission announced today that it

Australia has convicted the master of a Sydney-based commercial vessel for breaching a condition on his vessel’s certificate of operation. The March 20

By Alaric Nightingale and Thomas Gualtieri (Bloomberg) — A United Nations agency that oversees shipping raised concerns about the shadow fleet that has

MADRID, March 31 (Reuters) – Spain has called for tighter scrutiny of oil transfers involving tankers at sea as the number of unregulated ships

A patrol vessel with the French Navy has located the missing tanker Monjasa Reformer four days after it was attacked by pirates and went missing in the Gulf of

Asset management giant Oaktree Capital Management has abruptly terminated its sale of 5 million Class A common shares in TORM plc (Nasdaq: TRMD or TRMD A), a

By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON, March 30 (Reuters) – Valero Energy Corp VLO.N, the second-largest U.S. oil

New York City Mayor Eric Adams and Trust for Governors Island have announced the city’s first public hybrid-electric ferry to operate in New York Harbor.

By Bloomberg News (Bloomberg) — Russia still relies on Western insurers to cover more than half of the tanker fleet that exports its oil, according to

By James Stavridis (Bloomberg) Most people focus on the land and air aspects of the war in Ukraine, naturally enough — they are vivid and constantly

Shipping company Wallenius Wilhelmsen has announced a new management team and company structure, effective from March 30. The changes are aimed at

TenneT, a leading Transmission System Operator (TSO), has awarded multiple multi-year contracts for the development of onshore and offshore converter stations

Geopolitical strategist Peter Zeihan recently shared his insights on globalization, security paradigms, and the need for North America to strengthen its supply

By Neil Jerome Morales MANILA, March 30 (Reuters) – Philippine rescuers searched the smoldering ruins of a burnt-out ferry on Thursday for any

The U.S. Department of Energy (DOE) has revealed an ambitious new strategy to expand the nation’s offshore wind energy capacity. The DOE’s Offshore

By Jonathan Saul LONDON, March 30 (Reuters) – Shipping group NORDEN has acquired larger capesize dry bulk ships, aiming to benefit from

Maryland Governor Wes Moore has announced an ambitious plan to significantly expand the state’s offshore wind energy capacity, advancing a key component