Scorpio Tankers Inc. (NYSE: STNG) recently announced that it has signed letters of intent to build two Very Large Crude Carriers (VLCCs) at Hanwha Ocean in Sou...
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(Bloomberg) — Recent instability in Yemen and the Horn of Africa is leading to a rise in maritime piracy off the coast of Somalia, raising concerns in one of t...
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The National Drug Law Enforcement Agency (NDLEA) of Nigeria has seized around 1,000 kilograms of cocaine at Tincan Island Port in Lagos. This marks the lar...
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European naval forces have seized control of an Iranian-flagged dhow that was being used as a mother ship for the hijacking of the tanker HELLAS APHRODITE. Thi...
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The Houthi militant group's recent announcement to pause maritime operations in the Red Sea has caught the attention of the global shipping industry. This chan...
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Next Step in Developing UK Services Damen has announced that it has acquired I.M.E Group Ltd, located in Southampton. This acquisition follows a stron...
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The United States has decided to suspend port fees that targeted China's shipping industry for one year, starting November 10. This move comes after a trade ag...
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The import volume of cargo at major U.S. container ports is expected to drop to its lowest monthly levels of the year in November and December. This is happeni...
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The Bureau of Ocean Energy Management (BOEM) is launching a major expansion of offshore oil and gas development in the U.S. They have announced the final deta...
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