The Bureau of Ocean Energy Management has set in motion what officials are calling a transformational expansion of U.S. offshore oil and gas development, announcing final terms for a massive...
The European Commission launched its Sustainable Transport Investment Plan last week, setting an ambitious roadmap to transform the aviation and waterborne transport sectors through renewable and low-carbon fuels. The plan...
The Bureau of Ocean Energy Management has announced significant progress in efforts to develop offshore critical minerals resources in the Pacific, completing Area Identification offshore American Samoa and launching a...
A breakdown in bridge resource management and a critical distraction aboard the 333-meter containership Maersk Shekou led to its collision with the tall ship Leeuwin II at Western Australia’s Port of Fremantle before dawn...
A chemical tanker was targeted in an attempted pirate attack approximately 330 nautical miles east of Mogadishu on November 3, with armed security personnel successfully repelling the assault. The Cayman...
A.P. Moller – Maersk announced a series of strategic initiatives to expand its operational footprint in India during India Maritime Week 2025, with plans centered on port infrastructure investments, vessel...
The U.S. Coast Guard announced Thursday it has referred a case to the Department of Justice for possible criminal prosecution following a July collision between a barge and sailboat near...
UN High Commissioner for Human Rights Volker Türk declared Friday that US military airstrikes on alleged drug smuggling boats in the Caribbean and Pacific violate international human rights law, calling...
DP World announced a $5 billion investment pledge for India’s infrastructure development at India Maritime Week 2025, building on three decades of operations in the country that have already seen...
Three industry experts told a Senate subcommittee on Tuesday that the United States faces an urgent need to rebuild its commercial shipbuilding capacity in the face of decades of Chinese...
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 vessels continue trading well...
The Drewry World Container Index increased 3% to $1,746 per 40-foot container this week, marking the second consecutive week of gains following a 17-week decline. Transpacific routes showed notable increases,...
Belgian offshore wind contractor DEME has taken delivery of its new wind turbine installation vessel Norse Wind at the CIMC Raffles Shipyard. The vessel is designed to install the next...
The U.S. Department of the Treasury imposed sanctions on Russia’s two largest oil companies on October 22, targeting Rosneft and Lukoil in response to Moscow’s continued refusal to pursue peace...
Governments at the International Maritime Organization decided to postpone for one year the adoption of the world’s first global carbon pricing system on shipping at the Extraordinary Session of the...
The Baltic Exchange has launched two new Aframax tanker benchmarks tracking Canadian crude exports to Asia, marking a direct response to shifting global trade dynamics and escalating geopolitical tensions. TD28...
The United Kingdom has sanctioned China’s Beihai LNG terminal as part of a comprehensive package targeting Russia’s energy sector and its international enablers, marking a significant escalation in Western efforts...
California Governor Gavin Newsom has vetoed Senate Bill 34, legislation that would have imposed new requirements on the South Coast Air Quality Management District when regulating emissions from operations at...
Most Iranian-flagged tankers have begun transmitting properly over the Automatic Identification System (AIS) without spoofing for the first time in seven and a half years, according to TankerTrackers.com. The sudden...
JPMorgan Chase has announced a $1.5 trillion, 10-year Security and Resiliency Initiative to finance and invest in industries critical to national economic security, including a focus on revitalizing America’s shipbuilding...
Swedish prosecutors have closed their investigation into damage to a communication cable between Sweden and Latvia in the Baltic Sea, concluding that the incident was accidental rather than an act...