PortsElena Marsh
Urals crude prices at Russian Baltic and Black Sea ports have dropped to six-week lows near $80 per barrel amid softer benchmarks, high freight, and weakening Asian refining margins.
PortsElena Marsh
Lithuania, Latvia, and Estonia have proposed a European Union-wide prohibition on Russian grain exports transiting through the bloc, citing concerns over economic compensation for Russia.
PortsElena Marsh
TOTE Services, LLC has secured a contract with the U.S. Department of Transportation - Maritime Administration (MARAD) to serve as the vessel construction manager for the Missile Range Instrumentation Vessel (MRIV) programme.
PortsElena Marsh
Turkey has initiated the delivery of defensive and technical support to Saudi Arabia, aiding its efforts against the Iran-aligned Houthi forces in Yemen.
PortsElena Marsh
Sumitomo Corporation Global Metals (SCGM) and TFI Marine Limited have partnered to advance mooring solutions for floating offshore wind and energy projects globally, aiming to reduce costs and enhance energy security.
PortsElena Marsh
A recent review critically examines a report on Small Modular Reactors (SMRs) for shipping, questioning the prominence given to public perception and insurance as primary concerns.
PortsElena Marsh
QatarEnergy has prolonged force majeure notices, impacting liquefied natural gas (LNG) deliveries to Italian utility Edison and certain Asian clients, as the Strait of Hormuz closure persists.
PortsElena Marsh
US Coast Guard crews rescued 40 individuals and recovered two deceased after a makeshift vessel capsized approximately 10 miles off Mona Island on Monday, according to MarineLink / Maritime Reporter.
PortsElena Marsh
China has reportedly utilised its crude oil stockpiles for the third time in four months, as elevated refinery processing outpaced a modest increase in August oil imports.
PortsElena Marsh
Lloyd's Register, HD KSOE, and HD HHI have partnered to develop a new 185,000 cbm LNG carrier design featuring hybrid electric propulsion, receiving Approval in Principle.
PortsElena Marsh
Turkish authorities are conducting search operations for ten crew members following a cargo ship collision and sinking in the Sea of Marmara near Istanbul.
PortsElena Marsh
Brittany Ferries has ceased transporting live farm animals, including unweaned calves, on its routes, a decision welcomed by animal welfare groups campaigning against long-distance animal transport.