Three crew members were killed in a suspected attack by Iran-backed Houthis on a small cargo vessel in the Bab el-Mandeb strait on Tuesday while a container ship was hit by a missile off Pakistan in a suspected US attack,…
Mermaid Maritime has published its financial results for the second quarter of 2026.PerformanceTotal revenue for Q2 2026 was US$61.8 million, representing a year-on-year decrease of US$50.6 million from US$112.4 million in Q2 2025 and a quarter-to-quarter decline of US$20.3 million…
President Donald Trump has extended for 90 days a waiver allowing foreign-flagged ships to transport oil and other commodities between US ports, but imposed new limits after shipbuilders and their allies in Congress argued the policy was undermining the domestic…
BP has agreed to sell a 20 per cent stake in the Venezuelan portion of the cross-border Cocuina-Manakin natural gas field to Trinidad and Tobago's state-owned National Gas Company (NGC), two sources with knowledge of the matter said on Monday.Trinidad…
The Chinese shipping company Sea Legend Line is poised to launch its container route along Russia’s Northern Sea Route, marking what is being billed as the first regular container service using the Arctic.
A U.S. District Court on August 7 sentenced the captain of the shadow fleet tanker Marinera (Bella 1) to jail, followed by deportation for his role in fleeing the U.S. Coast Guard and not obeying orders to stop his vessel.
