Maersk Ready for Ops with New Methanol-Fueled 17,480 TEU Container Ship

Danish shipping group A.P. Moller - Maersk has named the first vessel in a series of 17,480 TEU vessels equipped with dual-fuel methanol propulsion, which will operate under the name of Berlin

RAstar Tug Pair Delivered, Set Sail for Mexico

Cheoy Lee Shipyards recently delivered two RAstar 3200-CL tugs bound for Coatzacoalcos, Mexico. CMM Azteca and CMM Mexico will sail on their own bottom all the way from Hong Kong and begin operations in

Tanker Vessel Market Flashes Yellow as Middle East Burns

While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.Geopolitical risk has spiked following

Okeanis Eco Tankers Takes $65M Loan to Refinance VLCC

Okeanis Eco Tankers (NYSE: ECO / OSE: OET) has secured a new $65 million term loan facility to finance the repurchase of its VLCC Nissos Kea under a previously announced sale-and-leaseback option.

EU Plans Phase Out of Russian Oil and Gas Imports

The EU Commission has put forward a proposal to gradually stop the import of Russian gas and oil into the EU by the end of 2027. This will help the EU become

Canada Trials S-100 on St. Lawrence River

The Canadian Hydrographic Service (CHS), under Fisheries and Oceans Canada, is taking a leading role in validating new digital hydrographic standards, with the Minister of Fisheries, Joanne Thompson, launching S-100 sea trials

Briggs Marine Signs $244m Contract With UK Ministry of Defence

Briggs Marine, a leading provider of marine services, has been awarded a contract with the UK Ministry of Defense (MoD) to supply and maintain Authority Moorings, Markers, and Targets over the next

American Cruise Lines Opens 2025 New England Season, Launches New Cruise Ship

American Cruise Lines announced their biggest season of New England cruises—featuring nine itineraries and five small ships, including the newest cruise ship in the country, American Patriot.American Patriot is the flagship in

Mitsui OSK: Shipping in the Gulf Continues, Closely Monitoring Situation

Japan's second-largest shipping company, Mitsui O.S.K. Lines (MOL), is operating as usual in the Gulf while closely monitoring the situation in the region, CEO Takeshi Hashimoto said on Tuesday."We are operating so