May 6 (Reuters) – The U.S. Navy‘s efforts to build a fleet of unmanned vessels are faltering because the Pentagon remains wedded to

COPENHAGEN, May 6 (Reuters) – Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the

The International Transport Workers’ Federation (ITF) has accused Dubai-based Middle East Marine LLC of systematic abuse and neglect of over 100 seafarers,

By Georgina McCartney HOUSTON, May 5 (Reuters) – As Big Oil returns this week to the industry’s annual showcase for offshore energy projects

By Stephen Stapczynski (Bloomberg) –Russia’s fortress economy has proved remarkably resilient to an onslaught of Western sanctions. Two years

By Arsalan Shahla May 4, 2024(Bloomberg) –An Iranian warship has embarked on a mission in oceanic waters, Iran’s state media reported, in the wake

by Admiral James Stavridis (Bloomberg Opinion) There are plenty of disagreements between Beijing and Washington — from Taiwan to human rights to aiding

(Reuters) – Iran has released the crew of a seized Portuguese-flagged ship linked to Israel, but remains in control of the vessel itself, Foreign

WASHINGTON, May 3 (Reuters) – The U.S. military said on Friday it was temporarily pausing the offshore construction of a maritime pier because of

By Mohammed Hatem (Bloomberg) — The Houthi group based in Yemen threatened to start trying to attack ships in the eastern Mediterranean as it steps up a

Tidewater Inc. (NYSE:TDW), a leading global provider of offshore service vessels (OSVs), reported impressive first quarter results as day rates for OSVs

(Bloomberg) — Tankers that transfer Russian oil off the southern coast of Greece sailed further out into the Mediterranean after naval exercises were

By Gavin van Marle (The Loadstar) – A strengthening demand scenario on the Asia-European trades appears to have caught carriers and forwarders by

By Malte Humpert (gCaptain) – The U.S. Coast Guard’s Polar Security Cutter program intended to renew the service’s aging icebreaker fleet continues

The captain of the dive boat Conception that caught fire and sank off the California coast in 2019, resulting in 34 deaths, has been sentenced to four years

By Steve Holland WASHINGTON, May 2 (Reuters) – Russia has been quietly shipping refined petroleum to North Korea at levels that

John Fredriksen, through his company Geveran Trading Co. Limited, has become the largest shareholder of Norwegian offshore wind service company, Edda Wind. In

By Bloomberg News (Bloomberg) — Russia’s state-controlled gas giant reported its first annual net loss since 1999 on falling shipments to Europe and

(Bloomberg) — Port of Antwerp Bruges plans to develop a €250 million ($267 million) hydrogen and ammonia storage and export facility at the Namibian

Ocean carriers are walking a tightrope between risk and reward in new long-term contract negotiations, as uncertainty in the Red Sea continues to cast a shadow