Baltic Dry Bulk Index Slips As Capesize Rates Weaken
Baltic Dry Bulk Index Slips As Capesize Rates Weaken.
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Two men seriously injured in explosion on ship in Foynes Port
Two men have been seriously injured following an explosion on a ship at Shannon Foynes Port in Co Limerick this evening.
Shell Firmly Denies Talk of BP Takeover
British supermajor Shell has denied reports that it is in talks to acquire BP, a mega-takeover that would be worth more than $80 billion.
Hormuz tanker transits dip again, but contraction still limited as freight rates soar
The number of oil tankers transiting the Strait of Hormuz dipped further June 23 after edging down 5% in the week to June 22, according to S&P Global Commodities at Sea(opens in a new tab), as shipowners stayed alert on regional military conflicts while freight rates continued to surge.
Crowley moves into US Northeast – Central America trade
US shipping company Crowley is expanding its ocean shipping services with the launch of its route between the US northeast and Central America.
Mawani grants SGP four 20-year port concessions
The Saudi Ports Authority (Mawani) has awarded four 20-year port concessions to Saudi Global Ports Group (SGP) to operate multipurpose terminals on Saudi Arabia's eastern coast.
Study finds suicide accounts for more deaths at sea than fatal injury incidents
Suicide cases accounted for more deaths at sea than fatal injury incidents according to a major new survey looking at the fleet insured by Norway’s Gard.
Caravel Group emerges as Pacific Basin’s largest shareholder
Harry Banga-led Caravel Group has confirmed it has become the leading shareholder in Pacific Basin, but has denied rumours it is looking at a possible takeover of the dry bulk giant.
DP World named Port Company of the Year
DP World has been named Port Company of the Year for the third year in a row at the 2025 Multimodal Awards in Birmingham.
Two projects off Israel restart production amid shaky ceasefire with Iran
The Israeli Ministry of Energy and Infrastructure has allowed the restart of production from two offshore projects following a temporary suspension caused by the escalation of conflicts with Iran.
TotalEnergies taps Shearwater for 3D survey off Sao Tome and Principe
Norwegian offshore seismic vessel player Shearwater Geoservices has been awarded a 3D marine seismic acquisition contract by French energy major TotalEnergies in Sao Tome & Principe.
Pacific Basin signs methanol fuel deal with Towngas
Hong Kong-based dry bulk shipping giant Pacific Basin has signed a memorandum of understanding (MOU) with The Hong Kong and China Gas Company Limited (Towngas) to secure supplies of green methanol, as the company moves to meet tightening international emissions standards.
Teekay Tankers ships out its oldest LR2
Teekay Tankers has continued to offload its ageing tonnage by selling its oldest LR2 unit.
SLB OneSubsea wins contract for Northern Lights phase two CO2 project
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Performance Shipping agrees refinancing deal with Greek bank
Nasdaq-listed Greek tanker owner and operator Performance Shipping has agreed to the refinancing of an existing outstanding loan of $29.75m with compatriot Alpha Bank.
USCG Faces Deferred Maintenance, Obsolete Cutters and Staff Shortage
The U.S. Coast Guard is facing increasing challenges in maintaining and operating its cutter fleet, writes the Government Accountability Office (GAO) in a new report to Congress.
Shanghai Demonstrates Ship-to-Ship Transfer for Captured CO2
The Port of Shanghai was the location for the first demonstration of a ship-to-ship transfer of CO2 captured from a large Evergreen containership during its operations.
Watch Officer From Grounded Turkish Bulker Charged With Negligence
A deck officer from the bulker Ali Aykin has been charged with gross negligence in connection with the vessel's grounding off Sweden last month.
Shell denies it is in takeover talks with BP after WSJ report
"No talks are taking place. As we have said many times before, we are sharply focused on capturing the value in Shell through continuing to focus on performance, discipline and simplification," a Shell spokesperson said.
Crude Oil Prices Plummet to $66 Following Iran-Israel Ceasefire Announcement
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Today we mark DAY OF THE SEAFARER | Vanessa Welch
Today we mark DAY OF THE SEAFARER. A day to recognise the people who keep the trade moving at sea, often with long durations far from home, often out of sight.
𝗠𝘆 𝗕𝗲𝗮𝗰𝗼𝗻 𝗼𝗳 𝗕𝗲𝗹𝗶𝗲𝗳: 𝗝𝗼𝘀𝗲𝗽𝗵'𝘀 𝗘𝗻𝗱𝘂𝗿𝗶𝗻𝗴 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲 🕯️ | Martaxelle Erussard
𝗠𝘆 𝗕𝗲𝗮𝗰𝗼𝗻 𝗼𝗳 𝗕𝗲𝗹𝗶𝗲𝗳: 𝗝𝗼𝘀𝗲𝗽𝗵'𝘀 𝗘𝗻𝗱𝘂𝗿𝗶𝗻𝗴 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲 🕯️
Joseph always poured his heart 💙 into everything, yet in his final moments, even his best wasn't enough.
