MarineCraft News Desk 
Kazakhstan's Ministry of Justice has suspended enforcement proceedings to recover KZT2.3 trillion ($5.06 billion) from the North Caspian Operating Company (NCOC) which runs the Kashagan oil field, Russia's Interfax news agency reported.NCOC, a joint venture between Shell, TotalEnergies, ExxonMobil and…
Norway said on Tuesday it has assisted 69 Russian citizens in returning to their home country from an Arctic island following the seizure of the small cruise ship they arrived on.A Norwegian court last week ordered the seizure in Svalbard…
The National Security Multi-Mission Vessel (NSMV) program represents a significant innovation in American maritime policy, maritime education, shipbuilding, and government procurement.
In a significant reversal of its Red Sea policy Hapag-Lloyd sent a service through the Suez Canal last week as global freight demand continues to rise
The Baltic Exchange's dry bulk freight index inched up on Tuesday, buoyed by stronger Capesize rates. The main Baltic index rose nine points, or 0.3 per cent, to 3,584.
Asia, led by China, is expected to buy 70 per cent of Canadian crude oil exports after the country's only pipeline that provides access to the continent expands its capacity by a third by the end of 2028, a Canadian…
