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Sun, Mar

Venezuela Authorizes Two Unsanctioned VLCCs to Depart

Venezuela on Thursday authorized two very large crude carriers (VLCC) to set sail for China, according to two sources familiar with Venezuela's oil export operations, which would be only the second and
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2025: Fascinated with Subsea Discovery

Our fascination with the depths of the ocean revealed itself in some of our most-read stories of 2025.What’s really down there? asked New Wave Media President Greg Trauthwein in his interview with
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Federal Maritime Commission Recognizes National Shipper Advisory Committee Members

The Federal Maritime Commission acknowledges the service of the members of the National Shipper Advisory Committee (NSAC). Since October 2021, NSAC’s members have provided information and perspectives on conditions in the ocean
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Britain Imposes Sanctions on Russia's Energy Sector

Britain imposed sanctions on Thursday on more Russian oil companies and Canadian-Pakistani billionaire Murtaza Lakhani as part of efforts to ramp up pressure on Moscow over the war in Ukraine.The government targeted
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SAAM Towage Certifies its Brazil Operations Carbon Neutral

For the third consecutive year, SAAM Towage obtained the PAS 2060 international certification in Brazil, which certifies the carbon neutrality of its operations in that country.In addition to operational actions to reduce
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Nereida Energy to Supply Maritime Battery Systems for Fjord Ferries

Nereida Energy has signed its first contract to supply maritime battery systems with a total capacity of 17MWh to Frydenbø Elmarin. The systems will be installed on two ferries owned by Vestlandske
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DOF Bags Multiple Vessel Deals with Petrobras in Brazil

Norwegian offshore supply vessel owner DOF Group has secured seven new contract extensions with Petrobras for its offshore support vessels (OSVs) in Brazil, valued over $160 million.Five of DOF's Brazilian-flagged anchor handling
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Container Vessels: Return to Suez Canal Looms Large

"Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that average market conditions in 2026 will be like those in 2025 but 2027
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