Strait of Hormuz transit data for the month of September reveals how the oil and container markets are tactically adjusting to the U.S./Israel war on Iran.
October will see almost all global ocean carriers make a tentative return to Suez transits on Asia-Europe sailings, after revised pro forma shipping schedules show the Premier Alliance is set to send one of its vessels on the route through the Red Sea and Egyptian waterway.
A nuclear-powered LNG carrier could cost roughly 2.5 times as much to build as a conventional vessel, but lower fuel costs could significantly change the economics over the ship’s operating...
(Bloomberg) — Turkey and the United Nations have set up fresh talks in Russia and Ukraine to discuss a Black Sea ceasefire, trying to coalesce scattered efforts to protect grain...
More than 80 years after the SS Richard Montgomery sank in the Thames Estuary with roughly 1,400 tons of explosives still aboard, marine contractors have begun one of the most delicate interventions...
Alternative-fuel ship orders rebounded sharply in the third quarter, with September delivering the strongest monthly total in nearly two years as LNG remained the dominant choice for new vessels. Shipowners...
The United Kingdom has sanctioned five liquefied natural gas carriers as part of a new package of measures targeting Russia's efforts to expand a maritime "shadow fleet" for LNG exports, including three Russian-built Arc7 ice-class vessels intended to support the Arctic LNG 2 project.