Gold Finds Footing Near $4,500 as Iran War Enters Fifth Week

Sanmar Shipyards, Med Tugs to Expand Mediterranean Tugboat Fleet with Newbuilds

Sanmar Shipyards and Med Tugs have officially entered into a strategic agreement for the construction and delivery of two tugboats. Executed through the joint venture company SVS—comprising Vernicos Scafi, Spanopoulos, and Lyboussakis—the

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Coast Guard Rescues Four From Disabled Vessel Adrift Near New York

The Coast Guard rescued four people Saturday night from a disabled 42-foot motor yacht adrift three miles southwest of Moriches Inlet, New York.No injuries were reported.At 5:45 p.m. on April 4, 2026,

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Successful Asia Pacific Maritime 2026 Closes

The 19th Asia Pacific Maritime (APM) held its largest-ever edition in Singapore last week, welcoming 19,431 attendees, alongside more than 819 exhibitors from 41 regions and countries, including 20 pavilions, and 112 speakers

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Iron Ore Trade on the Great Lakes Down in March 2026

Iron ore shipments on the Great Lakes in March 2026 decreased 23.5 percent from a year ago. Loadings were also below the month’s 5-year average by 35.1 percent. The iron ore trade

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ABL Signs Marine Services Deal with Tidewater in Egypt

ABL Group has signed a one-year master service agreement with offshore vessel operator Tidewater to provide marine assurance and dynamic positioning consultancy services.The agreement, entered into by ABL’s Egypt unit and Tidewater

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Loaded LNG Tankers from Qatar Turn Back Before Hormuz Crossing

Two vessels loaded with liquefied natural gas (LNG) from Ras Laffan, Qatar, turned back after they moved eastward towards the Strait of Hormuz, ship-tracking data showed on Monday.Had the vessels successfully crossed

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India Resumes Iranian Oil Imports After Seven-Year Hiatus

Indian refiners have purchased Iranian oil amid the Middle East conflict that has disrupted supplies through the Strait of Hormuz, the oil ministry said on Saturday.The world's third-biggest oil importer and consumer,

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ClassNK Awards Autonomous Notation to Domestic Container Ship

ClassNK has granted its “AUTO-Nav2(All)" notation to Japanese domestic liner container ship Genbu, the only newly constructed autonomous ship under the MEGURI2040 Fully Autonomous Ship Program by The Nippon Foundation.This notation identifies…

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Ship Recyclers Face Clouded Price Recovery Outlook

Geopolitical risk has overtaken supply-demand fundamentals as the primary price driver in energy markets, and ship recycling is feeling the impact from both sides, as higher oil keeps aging vessels trading while