Changes in Container Shipping as MSC Expands Lead to 20% Share
With a growing orderbook that is already at record levels and an overheated charter and secondhand market, the container shipping…
IMO Asks for ROV to Support Cleanup Off Yemen After Rubymar Sank
The International Maritime Organization has gone public with an appeal to the world community inviting in-kind contributions of spill response…
As More Ships Head for Cape Route, Stella Maris Sets Up for Crews’ Needs
To meet the needs of the growing number of vessels on the Cape route, The maritime charity Stella Maris has…
Defector Aboard Russian Navy Corvette Set Fire to His Own Ship
A defector aboard the Russian Navy corvette Serpukhov helped Ukrainian forces stage an attack on his own vessel earlier this…
China & Philippines Pledge to "De-Escalate Tensions" in S. China Sea
On Wednesday, two top diplomats from the Philippines and China sat down for a “frank and constructive discussion on the…
Cruise Lines Adjust as Hurricane Beryl Storms Through Caribbean
Hurricane Beryl, the earliest Category 5 huricane on record in the Atlantic, has killed at least six people in the…
First Hydrofoiling Electric High-Speed Ferry to Launch in the UK in 2025
UK ferry operator Red Funnel confirmed that it plans to introduce a high-performance, emission-free high-speed vessel on its service crossing…
India increases reliance on Russia, US for crude oil, ditches Middle-East suppliers
India’s import of crude oil from Russia rose to around 2 million barrels per day (bpd) in June, while falling…
Russian gas exports to Europe via TurkStream drop in June on planned outage
Russian gas supplies via the TurkStream pipeline to southeast Europe fell to an average of 37 million cu m/d in…
Service sector slowdown adds to worries on US growth prospects
Softening data intensifies downturn fears Today’s data has offered more evidence of a cooling economy and softening jobs market. Initial…