Will Bitcoin Price Fall 70%? Analysts Weigh in on Bear Market Bottom Amid Iran Conflict
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Subsea7 CEO Evans to retire, Fitzgerald named successor
Norwegian energy contractor Subsea7 said on Tuesday that CEO John Evans will retire later this year and will be succeeded…
Belgian Navy acquires unmanned mine countermeasures systems package
The Belgian Navy recently acquired a new mine countermeasures (MCM) systems package from Belgium Naval and Robotics, the consortium formed…
Kraken Robotics announces $615m deal to acquire Covelya Group
Kraken Robotics has entered into an agreement to acquire the Covelya Group, a provider of underwater technology solutions operating through…
VIDEO | Russian-flagged sanctioned LNG tanker on fire in the Mediterranean, crew located in lifeboat off Libya
The Russian-flagged liquefied natural gas tanker Arctic Metagaz is on fire in the Mediterranean, maritime security sources said on Tuesday,…
Trump seeks to reopen Hormuz trade by offering insurance to shipping at ‘very reasonable price’
President says US Navy escorts may be brought in to guide trade through the embattled strait
Minerva VLCC fixed at highest ever spot rate as ‘astronomical’ tanker earnings realised
Greek tanker will earn $436,000 per day in unprecedented market
Drone Strikes Reported in Fujairah and Duqm
On Tuesday morning, drones hit an oil storage terminal at Fujairah, UAE, a key energy transshipment and bunkering hub for…
Belgium Fines Sanctioned Tanker €10M and Detains it for Safety Violations
Belgium announced during a press briefing on Tuesday, March 3, that it has completed its inspection of the tanker Ethera,…
Effects of Gulf Disruption Expected to Ripple Through Global Shipping
The shipping disruption from conflict in the Gulf region is only just getting started, according to new data from Clarksons…