Why Bitcoin Mining Matters More Than You Think

Tough Year for Ship Recyclers

Global market chaos continues post-Thanksgiving, reports cash buyer GMS. “Steel plate prices were the highlight of the entire sub-continent—and even China—where they unanimously retreated in unison this week, while the U.S. Dollar

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Damaged Turkish Tanker off Senegal Hit by Explosions

A Turkish-owned oil tanker that was damaged near Senegal's coast last week was hit by four external explosions but there were no injuries or pollution, its manager said on Monday.The vessel, Mersin,

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Turkey Cuts Russian Urals Oil Imports, Turns to Kazakh, Iraqi Supply

Turkey sharply reduced its imports of Russia's flagship Urals crude oil in November, shipping data from energy consultancy Kpler showed, as Western sanctions on Russian energy suppliers tightened and Turkish refineries shifted to alternative

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WinGD Unveils High-Pressure Dual-Fuel LNG Engine

Swiss marine power company WinGD has introduced its first high-pressure LNG dual-fuel engine, the X-DF-HP, developed specifically for the demanding operating profiles of ultra-large container vessels (ULCVs).Unveiled at Marintec China 2025,…

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Strategic Marine Hands Over Two Crew Boats to NMDC LTS

Strategic Marine has delivered two 42-metre next-generation fast crew boats to NMDC LTS, marking the company’s first vessel delivery to the Middle East offshore services provider.The Generation 4 aluminium vessels were developed

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Seatrium Launches Arbitration Against Maersk Over WTIV Contract Termination

Seatrium has issued a notice of arbitration against an affiliate of Maersk Offshore Wind, escalating a dispute over the termination of a contract for a wind turbine installation vessel (WTIV) intended for

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NORDEN Acquires Taylor Maritime’s Southern Africa Cargo Activities

Danish shipping company NORDEN has acquired the Southern African cargo activities of Taylor Maritime, previously operated under the IVS brand, adding to its growing parceling and project cargo business.As part of the

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Report: Combustible Scrap Caused Fire on Bulk Carrier

The UK Marine Accident Investigation Branch (MAIB) has published its preliminary assessment of a cargo fire on the bulk carrier Atlay on June 27, 2025.The Marshall Islands registered vessel was loading scrap

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bound4blue Targets Asian Growth

Wind propulsion company bound4blue has expanded its industrial footprint in Asia with the establishment of new production capabilities in China, alongside the signing of strategic regional partnerships to accelerate adoption of its