German shipping company Toepfer Transport and Finnish naval architecture firm Deltamarin recently unveiled a new design of multi-purpose cargo vessel currently under development.Deltamarin said the new design has been developed with a focus on versatility and practical operation.The vessel has…
US liquefied natural gas exports rose slightly in August as major export plants in Texas finished maintenance and European buyers increased purchases to replenish gas inventories ahead of winter, according to preliminary data from financial firm LSEG.The United States exported…
A new report analyzing the cause of seafarers' fatalities highlights that illness, and specifically cardiovascular disease, is cited as the leading cause, more so than accidents.
China's state-owned shipping giant COSCO uses concealed equipment on board its ships to spy on military communications near the coastlines of target nations including the US, two senior Trump administration officials said.The officials, who spoke on condition of anonymity to…
Russia is helping Iran develop a supersonic anti-ship cruise missile, according to a report in the Financial Times. If the development comes to fruition, it could pose a threat to US Navy ships maintaining a blockade on Iranian ships and ports…
Two supertankers carrying Saudi oil were struck by unknown projectiles within minutes of each other while transiting outbound through the Strait of Hormuz late on Monday, according to shipping intelligence and tracking firms Marisks and Kpler."The near-simultaneous incidents represent a…
