Tanker volatility to resume after soft summer earnings dip, says Frontline
John Fredriksen’s tanker giant hit by higher costs in second quarter
Houthis Release Propaganda Video Showing Multiple Attacks on Sounion
The militant Houthis continue to use the burning oil tanker Sounion for their propaganda while emphasizing their determination to stop…
Hanwha Ocean Wins South Korea’s First U.S. Navy Maintenance Contract
South Korean shipyard Hanwha Ocean announced that it has won its first maintenance contract from the U.S. Navy as it…
NTSB: Sub-M Towboat Sank From Severe Hull Corrosion
The NTSB has concluded that severe corrosion caused the sinking of an aging towboat on the Mississippi in 2023, the…
Incat to Double Shipbuilding Capacity with New Facility in Tasmania
Tasmania-based shipbuilder Incat, a pioneer in aluminum catamarans, is doubling its production capacity with the acquisition of a second site…
Mingyang Stands Up Record Setting Massive 20MW Offshore Wind Turbine
China’s wind energy companies are continuing their race to build the largest offshore wind turbines with Mingyang Smart Energy announcing…
Norway Sets Phased-in Dates for Zero Emission Shipping in Fjords
The Norwegian government has finalized the dates for its planned regulations to require zero-emission shipping at its World Heritage sites…
Equinor Retreats From Three Offshore Wind Markets
Norwegian state oil company Equinor has announced that it is retreating from key emerging markets in the global offshore wind…
USCG Clears Regent’s Wing-in-Ground Craft for Full-Scale Human Testing
The application of wing-in-ground technology is a step closer to reality as the U.S. Coast Guard approved the application from…
Despite Sanctions, Sovcomflot is Making a Healthy Profit
Despite Western interference with its work, Russian state tanker operator Sovcomflot is still shipping oil and making a healthy profit,…