With Millions in Donations From the Industry, Ramaswamy Backs Ohio Crypto Gamble

Cavotec Signs $15b Order for MoorMaster Systems in North America

Cavotec has signed an order valued at approximately USD15.11 million (EUR 13 million) for the supply of MoorMaster automated vacuum mooring systems for a special application in North America. Deliveries are scheduled

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Iran War Reshapes Global LNG Trade

The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after

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Bahrain Circulates Revised UN Hormuz Draft

Bahrain has circulated a revised U.N. Security Council draft resolution on protecting commercial shipping in and around the Strait of Hormuz, retaining language authorising “all necessary means” but dropping an explicit reference

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How Many Ships have been Attacked in the Gulf Since Start of Iran War?

The Iran war has threatened Gulf ports and disrupted global trade through the Strait of Hormuz, a vital waterway through which roughly a fifth of the world's oil and liquefied natural gas

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AAL Names Latest Heavy Lift Ship

AAL Shipping (AAL) has named its latest Super B-Class heavy lift vessel, AAL Newcastle, at the CSSC Huangpu Wenchong Shipyard in Guangzhou, China. The ceremony also served as the backdrop for the

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Sarens Helps Atlantic Canada Bulk Terminal Undergo Adaptation as Hub for Offshore Wind

Located in Sydney, Nova Scotia, Canada, the Atlantic Canada Bulk Terminal (ACBT) has undergone a transformation to adapt its facilities to the evolving needs of the offshore wind industry. This evolution is

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DFDS Adds Third Vessel to Rosslare–Dunkirk Route

Starting in September, DFDS will offer seven weekly roundtrips on the Rosslare-Dunkirk route by adding a third vessel to the route to provide increased capacity for freight operators and more travel options

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Russian Oil Tanker Arrives in Cuba's Matanzas Port

A Russia-flagged tanker carrying some 700,000 barrels of crude arrived in Cuba's Matanzas Bay at daybreak on Tuesday, according to a Reuters witness and shipping data, marking the first significant oil delivery since the

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OPEC Oil Production Drops to Lowest Since COVID-19

OPEC oil output plunged in March to its lowest level since the height of the COVID-19 pandemic in June 2020, a Reuters survey found, as the U.S.-Israeli war against Iran effectively closed