Cyprus to Pursue Exploratory Drilling in Mediterranean Amid Standoff with Turkey
ATHENS, Feb 21 (Reuters) – Cyprus said on Wednesday it would press ahead with oil and gas exploration, signalling resolve in a standoff with Turkey over
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
ATHENS, Feb 21 (Reuters) – Cyprus said on Wednesday it would press ahead with oil and gas exploration, signalling resolve in a standoff with Turkey over
LONDON/MOSCOW, Feb 21 (Reuters) – Shipments of oil products from a Russian Black Sea port, hit by a managerial conflict, have “collapsed”,
Finnish technology company Wärtsilä on Tuesday said it has reached an agreement with offshore drilling contractor Maersk Drilling create a long-term strategy
By Isis Almeida (Bloomberg) — The shipping agency that struck the first freight deal settled in Bitcoin is now seeking $150 million to launch its own
By Tiago Ramos Alfaro (Bloomberg) — The U.K. has sold Royal Navy flagship HMS Ocean to Brazil for about 84 million pounds ($117 million) as new aircraft
By Joachim Dagenborg OSLO, Feb 20 (Reuters) – Dry bulk shipper Golden Ocean proposed a bigger than expected dividend for the fourth quarter on the back
Some quick thinking by the crew of a Philippine-flagged cargo ship helped fend off a pirate attack last Friday after they used boiling water as a weapon
A developing hurricane force storm low over the west-central North Atlantic continues to move eastward at 35 knots producing winds of 55-75 knots with
By Javier Blas and David Marino (Bloomberg) — The flood of U.S. oil exports stepped up a gear on Monday after the first fully laden supertanker sailed
By Jonathan Saul and Maiya Keidan LONDON, Feb 19 (Reuters) – Forced to abandon ship after mistiming their investments five years ago, hedge funds
OSLO, Feb 17 (Reuters) – Seadrill’s main owner, billionaire John Fredriksen, is close to reaching a final agreement with banks, bondholders and
You heard that right, the Maritime Monday t-shirts are in! We are excited to announce the arrival Maritime Monday t-shirt line created by the one and only
By Christian Wienberg (Bloomberg) — The chief executive officer of the world’s biggest shipping company says it’s unlikely container vessels will
By Laila Kearney NEW YORK, Feb 15 (Reuters) – Washington state is preparing to reject land leases and easements to stymie the Trump
Here is some drone footage showing an extremely-busy Remontowa shipyard in Gdansk, Poland, one of the busiest shipyards in Europe specializing in repairs,
By Hannah Elliott (Bloomberg) — Today in Miami Mercedes-Benz-AMG debuted its latest collaboration with Cigarette Racing, the 515 Project One.
By Maiya Keidan and Jonathan Saul LONDON, Feb 15 (Reuters) – Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds
Methanol shipping specialist Waterfront Shipping has announced a plans to build four new oceangoing tankers capable on running on clean-burning methanol fuel.
By Mike Wackett (The Loadstar) – Already facing higher fuel costs, ocean carriers could now be hit by a rise in charter hire rates. Container
By Anthony Deutsch AMSTERDAM, Feb 14 (Reuters) – An offshore seaweed farm in the North Sea will be turned into a large solar power farm that aims to
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