Bitcoin, crypto stocks slipping lower alongside broader markets

Offshore Service Vessels: A Measured Market Recovery

The outlook for the offshore support vessel (OSV) business has brightened considerably since the dark days of the previous decade and is possibly in a “Goldilocks moment” — not too weak and

Read more: %s

Breaking the Ice: How a Space-Based Initiative is Solving a Maritime Challenge

This winter, ice on the Great Lakes is expected to impact a maritime economy valued at $35 billion. The wealth of data provided by space-based assets offers a potential lifeline for navigating

Read more: %s

Maersk Offshore Names New WTIV Ahead of US Offshore Wind Deployment

Maersk Offshore Wind has officially christened its new Seatrium-built wind turbine installation vessel (WTIV) Maersk Viridis, marking the entry of the first vessel in the company’s new offshore wind installation fleet.The naming

Read more: %s

Seadrill Appoints New CEO

Offshore drilling contractor Seadrill has appointed Samir Ali as its new chief executive officer (CEO).Effective immediately, Samir Ali will step up from its Executive Vice President, Chief Commercial Officer (CCO) position to

Read more: %s

Iran Orders Vessel Coordination with Navy in Hormuz Strait Transit

Ships must coordinate with Iran's navy to pass through the Strait of Hormuz, the country's foreign ministry spokesperson said in comments carried by Mehr news agency on Thursday.Iran will fight on and

Read more: %s

Iran Allows Turkish-Owned Vessel to Pass Through Strait of Hormuz

A Turkish-owned ship that had been waiting near Iran was allowed to pass through the Strait of Hormuz after authorities received permission from Tehran, Turkish Transport and Infrastructure Minister Abdulkadir Uraloglu said.In

Read more: %s

US Allows Countries to Buy Russian Oil Stranded at Sea

The United States issued a 30-day license for countries to buy Russian oil and petroleum products currently stranded at sea in what Treasury Secretary Scott Bessent said was a step to stabilize

Read more: %s

NYK Group Acquires Saga Welco

NYK Group has reached an agreement with the Norwegian shipping company Westfal- Larsen Group to fully acquire Saga Welco.Saga Welco, a Norwegian shipping operator specializing in transporting cargo via open-hatch vessels, is

Read more: %s

Bio-Methanol Gaining Traction as Alternative Fuel

This week, CMA CGM and SIPG Energy successfully completed the bunkering of 3,643 tons of bio-methanol for the CMA CGM Osmium at Yangshan Port in Shanghai. This operation marks CMA CGM’s first