Chinese Coastal Carrier Orders Largest Pure Electric Containerships
China is continuing to push forward with its efforts to develop electric propulsion for shipping. At the beginning of the…
Ecuadorian Coast Guard Vessel Sinks After Busting Smuggling Boat
A good samaritan vessel has safely rescued the crew of the coast guard patrol vessel Isla Santa Cruz, which went…
Cyprus Terminates Larnaca Port Concession Over Development Dispute
The Government of Cyprus in an ongoing dispute with the long-time leaseholder at the port of Larnaca announced it has…
Ørsted Agrees to Pay $125M Settlement to Cancel New Jersey Wind Farms
Seven months after announcing it was walking away from two large offshore wind farms planned for New Jersey, Ørsted and…
Coast Guard Cutter Munro Delivers 34,000 Pounds of Cocaine to San Diego
The crew of the U.S. Coast Guard cutter Munro has delivered a massive 34,000-pound haul of cocaine to the pier…
Spanish Tanker Company Marflet Marine to Add Suction Sails to First Tanker
Marflet Marine, one of Spain’s oldest private shipping companies, is joining the growing list of ship operators adopting wind-assisted propulsion.…
Somaliland: Ethiopian Naval Base Could Help Contain Houthis
The leader of the breakaway region of Somaliland believes that a future Ethiopian naval base – the first since Ethiopia…
U.S. Aid Pier for Gaza Breaks Up in Heavy Weather
The temporary floating pier that U.S. forces constructed to supply aid to Gaza has been damaged in a storm, and…
Past ECB bond buys may have blunted rate hikes’ impact, Schnabel says
The European Central Bank’s massive bond purchases in the recent past may have blunted the impact of its subsequent interest…
Climate debate intertwined with cost-of-living concerns as EU elections loom
Shaken by several crises in the past five years, EU citizens voting in the bloc’s elections in June will be…