With extensive coastlines on both the Pacific and Atlantic Oceans, the US is a maritime nation. The US economy and national security depend on sea power. In the early 1950s, the US had approximately 1,288 US flagged vessels engaged in international trade. Currently, a...

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Marcura and Sedna today announced a partnership giving chartering and operations teams direct access to Marcura’s ClaimsHub from inside Sedna’ email platform Stream. Integration with PortLog is planned for the next phase of the rollout. Together, these tools will help...

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Kongsberg Maritime has announced the launch of a new electric towing winch, expanding its winch product portfolio to better serve the tug market. The new winch is powered by a frequency converter-driven electric motor, delivering enhanced operational efficiency and...

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Russia’s seaborne fuel oil and vacuum gasoil exports rose 8.5% in April from the previous month to around 4.0 million metric tons on rising production, trade and shipping data showed. Russia’s offline primary oil refining capacity totalled 2.91 million tons last...

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Anemoi Marine Technologies, a leader in wind-assisted propulsion technology, has announced independently verified results of its Rotor Sail system following nearly a year of rigorous testing. In a Statement of Fact, Lloyd’s Register Advisory confirmed the methodology...

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Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three-month periods ended March 31, 2025. The Board of Directors (“the Board”) of the Company also declared a cash dividend...

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