Nine very large crude carriers collected oil cargoes at Saudi Arabia’s Persian Gulf export facilities on Wednesday, marking the highest level of activity at these terminals since hostilities began in the region at the end of February. Images from the European Union’s...

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Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, today released its financial results for the third quarter ended September 30, 2026. Key Highlights Took delivery of one Liquefied Natural Gas Carrier (“LNG/C”), one Handy Liquefied...

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A 41 MWh battery ferry entered service and a 151 MWh container ship design won approval this week, but the harder part is getting enough power to the quay. Battery-electric ships are moving beyond short-hop ferries. This week a 41 MWh ferry began crossing the River...

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Last week’s recovery in dry freight offered recycling buyers little encouragement. This week, however, sentiment has improved across the sub-continent, with recyclers showing greater willingness to compete for available tonnage. Bangladesh continues to lead the...

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Seven Cable Systems Run Through the Corridor The waters off Oman’s Batinah coast carry one of the densest concentrations of undersea cables in the region. Seven systems pass through the corridors where the three tankers operated, namely 2Africa, Bay of Bengal Gateway...

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