News Flash

The world’s 11 busiest maritime chokepoints are increasingly becoming vulnerable and prone to the risk of closure due to politics,...

Protests on the expansion of the Pakistan’s Gwadar Port, a key asset for China’s BRI( Belt and Road Initiative) in...

Italian oil company Eni has reached an agreement with Chinese oil and gas plant specialists Wison Heavy Industries to build...

Hyundai Heavy Industries Group has developed and successfully tested Korea's first LNG/hydrogen mixed-firing engine. The development of the hybrid engine...

The U.S. Coast Guard and a local Delaware fire department are reporting that they were called out on Christmas afternoon...

The European Investment Bank (EIB) has called on Africa to harness its massive solar energy resource to produce cheap and...

Contained within the massive new National Defense Authorization Act for Fiscal Year 2023 is the start of a program to...

Russia’s Admiralty Shipyards has announced the “sudden” death of its director general, Alexander Buzakov, a day after he presided over...

After failing to secure a merger partner and facing deepening losses, Danish shipping company Nordic Shipholding is set to liquidate...

The Australian Federal Court is preparing to auction off the livestock carrier Yangtze Fortune which it believes has been abandoned by its...

Faced with a dramatic rise of crewmembers being abandoned over the past few years, the International Maritime Organization working with...

Russia and Iran are working on an infrastructure expansion program that would vastly increase their inland trade ties, including a...

An MSC containership is being held offshore while the Belgian authorities investigate a bomb threat made against the vessel shortly...

During the surge in container shipments, the carriers had every possible vessel sailing to maximize capacity on their routes. Now...

Russia's seaborne oil exports appear to be taking a hit as the tanker market sorts out the implications of new...

An engine room fire aboard one of the newly commissioned Staten Island Ferries in New York City caused a mid-harbor...

The European Union has agreed to provide a €5 million ($5.3 million) grant to a unique project that seeks to...

Global economic developments are expected to complicate India’s outlook further, the finance ministry said in a monthly review on Friday,...

U.S. crude oil imports decreased and exports increased during the week ending Dec. 16, the U.S. Energy Information Administration said...

Freeport LNG said on Friday it was again delaying the restart of its long-shut liquefied natural gas (LNG) export plant...