WinGD Lands World-First Ethanol Engine Order for Vale Ore Carriers
Swiss engine designer WinGD has secured the maritime industry’s first confirmed order for ethanol-fuelled two-stroke engines powering ocean-going
Swiss engine designer WinGD has secured the maritime industry’s first confirmed order for ethanol-fuelled two-stroke engines powering ocean-going
A prolonged closure of the Strait of Hormuz could become the most severe global energy supply shock in decades, with oil prices potentially nearing $200 per
The global shipping industry has released sweeping new guidance for vessels transiting the Strait of Hormuz, warning that even if the waterway remains
The UK government has quietly loosened part of its Russia sanctions regime, issuing a new general trade licence that allows imports and related trade involving
A new crude oil pipeline that bypasses the Strait of Hormuz and which the United Arab Emirates began building last year is now 50% complete, the CEO of state
South Korea has preliminarily selected shipping company Panstar Line to operate the country’s first trial container voyage along Russia’s Northern Sea
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A South Korean-flagged supertanker appears to be attempting to transit the Strait of Hormuz, which, if successful, would be the first crossing of such a vessel
Royal Navy destroyer HMS Dragon has transited the Suez Canal and entered the Middle East ahead of a potential multinational mission aimed at reopening and
The U.S. Navy has commissioned USS Cleveland (LCS 31), officially closing out the Littoral Combat Ship program after more than two decades marked by cost
The U.S. Department of Justice has indicted four of the world’s largest shipping container manufacturers and seven senior executives in what prosecutors
The U.S. Treasury Department has extended its temporary sanctions wind-down authorization for Russian oil cargoes already at sea, issuing a new general license
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NATO is discussing the possibility of helping ships pass through the blocked Strait of Hormuz if the waterway isn’t reopened by early July, according to a
Federal investigators are probing whether Chinese container manufacturing giants deliberately throttled global shipping container production just before the
(Bloomberg) — US President Donald Trump said he held off on a new bombardment of Iran planned for Tuesday at the request of Saudi Arabia and other
Why the chemical gap between distillate and residual fuels matters more than most operators realize, why a single fuel additive product can’t bridge it, and
Georgia Ports Authority reported a 2.5% decline in container volumes through April as softer market conditions and last year’s tariff-driven front-loading
The Trump administration on Tuesday unveiled one of its broadest sanctions actions yet under its “Economic Fury” campaign, targeting more than 50
The Trump administration on Tuesday imposed sanctions on an Iranian foreign currency exchange house and what it said were front companies overseeing
A Hong Kong hedge fund that outperformed peers says shipping stocks are a better trade than artificial intelligence, given the risks of tech companies
The U.S. Coast Guard’s newest polar icebreaker has returned to Seattle after a 36-day deployment to the Bering Sea, marking an early operational test for a
European law enforcement agencies say they have disrupted a major transatlantic narcotics corridor known as the “Cocaine Highway,” seizing 11 tonnes of
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The U.S. dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming
The U.S. Navy has not commissioned a battleship since 1944. Donald Trump now wants as many as 25. The first, USS Defiant, will displace more than 35,000 tons,
Iran has started a Bitcoin-backed insurance service for Iranian shipping companies that want to transit the Strait of Hormuz, the semi-official Fars news
U.S. Treasury Secretary Scott Bessent announced Monday that the Treasury Department is issuing a temporary 30-day general license allowing “the
The Iranian-backed Persian Gulf Strait Authority (PGSA) has officially launched a public presence on X, marking the clearest effort yet by Tehran to formalize
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