GCC navies this week found themselves conducting an exercise with the US Navy in Emirati territorial waters at the southern end of the Gulf, whilst participating at the same time in an exercise in the Indian Ocean off Bandar Abbas with the Iranian and Russian...
Maersk’s stellar 3Q24 profits are good news for investors in the most liquid liner stock, Zim. However, spot indexes imply...
[By Mustapha Manneh] Senegal hopes a move into offshore oil will transform its struggling economy but questions remain about who will actually see the economic benefits. Oil drilling can provide vital income for poor countries but it can adlso lead to social unrest and environmental damage when...
Shipping splits into ‘parallel universes’ as global trade continues to decouple | Ofac announces more Houthi sanctions hours after US...
[By: Armada Technologies] Gibdock Shipyard and Armada Technologies Ltd. are pleased to announce the signing of a Memorandum of Understanding (MoU) to explore the integration of Armada's proprietary air lubrication system, the Passive Air Lubrication System (PALS), into vessels serviced by Gibdock. This agreement marks a significant...
Peak season is over, but US container ports continue to post exceptionally strong numbers. Imports could spike due to tariff...
On Thursday, dockers at the port of Piraeus blocked the shipment of one container of ammunition bound for Israel, showing their objections to the ongoing Israeli operation in Gaza. The Dockworkers Union of Piraeus put out a call Thursday for members to gather at the port...
Very large gas carriers have had a rollercoaster few months. After regaining ground in the end of September and early...
The government of the UK has placed 18 more tankers and four LNG carriers under sanctions for their participation in the Russian "shadow fleet," the lightly-regulated tanker pool that carries an estimated 70 percent of Russia's seaborne petroleum exports. It is the largest round of...
The US has announced a fresh round of sanctions targeting shipping networks linked with designated Houthi financier Sa’id al-Jamal. The...
