The expected Israeli reprisal attack on Iran executed on the night of October 26 was less ambitious than many Israelis had hoped for, but may nonetheless succeed in bringing a halt to the series of tit for tat exchanges between Israel and Iran. With no attacks...
The Shanghai Containerized Freight Index increased 6% versus the prior week, its largest weekly gain since late June. However, ‘gravity...
VELA, a French startup launched in November 2022, reports it has completed a significant funding round of €40 million ($43 million) which will be used for Austal to build the world’s largest sailing cargo trimaran. The company strives to provide a sustainable cargo service crossing...
Are shipping’s progressives pushing forward or paused in political purgatory? | Grace Ocean and Synergy settle civil suit with US...
On Wednesday, the crew of the 58-year-old cutter Resolute offloaded nearly 4.4 tonnes of cocaine in St. Petersburg, Florida. Along with the drugs, the crew brought five suspects to face justice in U.S. courts. The $115 million haul came from two enforcement vessels, Resolute and the...
The US federal government settled its suit for costs from the Baltimore bridge disaster, but the legal action has just...
On Tuesday, the German military carried out a simulation of a mine attack on a decommissioned frigate, the Karlsruhe, to test out its survivability. The blast went off and the ship remained afloat, according to public outlet NDR. The Karlsruhe was towed to a site about...
Greece-owned ships are top Houthi target | Steamship kicks off renewal round with firm rate hike | Suspected Iranian LPG...
The U.S. military's heavy landing craft fleet does not live under the Navy or the Marine Corps, but under the U.S. Army's Watercraft Systems division - and it is in trouble, according to the Government Accountability Office. The Army operates a little-known fleet of bow-ramp landing...
Any positive dry bulk sentiment from China’s stimulus announcement has already evaporated. Chinese iron ore and coal stockpiling, together with...
