Norway's MPC Container Ships (MPCC) has posted its financial results for the three months ended June 30, 2026.During Q2 2026, MPCC posted charter backlog of US$2.2 billion with 99 per cent contract coverage for 2026 and high coverage for 2027…
Yemen's Iran-aligned Houthis attacked a vessel off Saudi Arabia’s port city of Yanbu in the Red Sea, the group's military spokesperson Yahya Saree said in a televised speech on Monday.Saudi Arabia's national shipping company Bahri later said one of its…
The river Rhine in Germany has risen sharply after recent rain, the country’s inland navigation agency said on Monday, with vessels able to load more freight although problems with shallow water persisted.German companies reported disruptions after Rhine water levels hit…
French oil major TotalEnergies is profitably moving oil through the Strait of Hormuz, with higher transport costs more than offset by steep discounts from crude producers, its CEO said at a Norwegian energy conference on Monday."We are today probably the…
The US Marine Corps, through the Marine Corps Warfighting Laboratory (MCWL), recently accepted the first example in a new class of logistics support vessels designated as ancillary support craft (ASCs)."Designed to navigate challenging maritime geography and bridge logistical gaps, the…
Norway's combined oil and gas production missed an official forecast by 2.5 per cent in July, the Norwegian Offshore Directorate (NOD) said on Thursday.
