Master Boat Builders: A Family Shipyard at Full Steam

China Launches Largest-Ever Military Drills Around Taiwan

China launched its most extensive war games around Taiwan on Monday to showcase Beijing's ability to cut off the island from outside support in a conflict, testing Taipei's resolve to defend itself

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Woodside, BOTAŞ Shake Hands on Long-Term LNG Supply Deal

Australia’s Woodside Energy has finalized a long-term liquefied natural gas supply agreement with Türkiye’s state pipeline operator BOTAŞ, marking Woodside’s first long-term LNG contract with the Turkish market.Under the sale and purchase

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Oil Prices Fall on Looming Supply Glut

Oil prices fell by more than $1 a barrel on Friday as investors weighed a looming global supply glut, while also keeping an eye on a potential Ukraine peace deal ahead of talks this weekend

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Maritime History: Effort Underway to Preserve Historic Passenger Vessel

On January 8, 2026, NYK will launch an expert committee dedicated to the long-term preservation of Hikawa Maru, a national Important Cultural Property moored in front of Yokohama’s Yamashita Park.Since 2024, NYK

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Iran Seizes Foreign Tanker Over Alleged Fuel Smuggling

Iran has seized a foreign oil tanker near the Iranian island of Qeshm in the Gulf, saying it was carrying 4 million litres of smuggled fuel, state media reported on Friday.Authorities did

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US Orders Military to Enforce ‘Quarantine’ of Venezuelan Oil

The White House has ordered U.S. military forces to focus almost exclusively on enforcing a "quarantine" of Venezuelan oil for at least the next two months, a U.S. official told Reuters, indicating

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Phoenix Assists US Navy with Aircraft Recovery in the South China Sea

Phoenix's International (Phoenix) recently assisted the Naval Sea System Command (NAVSEA) Supervisor of Salvage and Diving (SUPSALV) with the successful recovery of an MH-60R helicopter and an F/A-18F Super Hornet fighter aircraft.

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MOL Gets ClassNK Approval for Jointing and Burial Vessels Design

Mitsui O.S.K. Lines (MOL) has secured an approval in principle (AiP) from ClassNK for the basic design of specialized vessels to joint and bury subsea power cables.MOL is working with Sumitomo Electric

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Eidesvik Offshore Secures Work for Viking Princess PSV

Norwegian offshore vessel owner Eidesvik Offshore has secured a contract for its Viking Princess platform supply vessel (PSV).The contract has been signed with operators DNO Norge, Sval Energi, which is another DNO