News

Stena Bulk has announced that the oil tanker Stena Immaculate has been sold to a buyer who will undertake repairs at Desan Shipyard. Prior to the transfer, the

Top Chinese and U.S. economic officials on Sunday hashed out the framework of a trade deal for U.S. President Donald Trump and Chinese President Xi Jinping

International classification society ABS has named David Wechsler, a founding partner of the firm that became Hitachi Consulting, as Chief Executive Officer of

The International Maritime Organization continued work on its Net-Zero Framework at working group talks in London this week, despite voting to postpone the

A recycling overhang of at least 500 container ships totaling 1.8 million TEU has accumulated in the global fleet, according to new analysis from BIMCO, as

U.S. President Donald Trump said on Thursday that his administration plans to brief the U.S. Congress on operations against drug cartels and that even

Louisiana-based Otto Candies, LLC has acquired four multi-purpose support vessels from Harvey Gulf International Marine, marking a significant expansion of the

The Indian Navy warship INS Trikand successfully coordinated firefighting operations and search and rescue efforts for the Cameroon-flagged LPG carrier MT

Oil prices surged around 5% to a two-week high on Thursday after the U.S. imposed sanctions on major Russian suppliers Rosneft and Lukoil over Russia's war in

Swedish authorities have boarded a Liberian-flagged bulk carrier off the coast of Gothenburg following reports that the vessel dumped waste in the Baltic Sea

Classification society DNV has awarded HD Korea Shipbuilding & Offshore Engineering an Approval in Principle for a 15,000 TEU container vessel design

Seatrium Limited announced it received a notice of arbitration from Maersk Offshore Wind over a dispute regarding the termination of a contract for a nearly

The European Union's 19th package of sanctions against Russia will list four companies involved in China's oil industry that circumvent Western restrictions,

Oct 22, (Reuters) – On the afternoon of March 8, a petroleum tanker named Torm Agnes entered the Port of Ensenada on Mexico’s Pacific coast carrying

India and the US are nearing a trade deal that could lower tariffs on Indian exports to 15%–16% from about 50%, the Mint newspaper reported, citing three

The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks

Arizona Senator Mark Kelly will introduce Stephen Carmel at a Senate Commerce, Science, and Transportation Committee nominations hearing on Wednesday. The

A flotilla of crude oil on the world’s oceans expanded to a fresh high as producer nations keep adding barrels and the tankers sail further for

By Daniele Lepido and Haze Fan (Bloomberg) The battle between Italian luxury yacht maker Ferretti SpA’s management and its top Chinese investor is once

The U.S. military is holding two survivors aboard a Navy ship after rescuing them from a suspected drug vessel in the Caribbean hit by a U.S. strike that