Navios Maritime Partners Posts Increased Net Income in Q2
Navios Maritime Partners reported a net income of $167.9 million for the second quarter ended June 30, 2026, up from $69.9 million in the same period of 2025.
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FEATURE | Venezuela Oil Export Boom Capped by Decaying Port Terminals
Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of ageing infrastructure, power outages and quality issues, according to…
USDOT, Port of Corpus Christi Explore Nuclear Reactors for Maritime Use
The US Department of Transportation and the Port of Corpus Christi have signed a memorandum of cooperation to explore the use of small modular reactor technology in maritime applications.Under the agreement, officials from the Maritime Administration and port management will…
Dutch Designers Promote Electric-Powered Vessel for Short-Sea Shipping
Dutch firm Conoship International is pushing to expand the scope of its short-sea shipping offering. After having pioneered a series of standardized vessel designs, it is now launching a design for a general cargo ship that will be fully propelled…
Despite Western Blowback, South Korean Containership to Test Arctic Passage to Europe
South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian…
Oil Prices Near Three-week High as UAE Cuts Iran Financial Ties
Global crude prices rose more than one per cent on Wednesday and were trading near a three-week high hit during the session, as investors worried about escalating tensions in the Middle East after the United Arab Emirates decided to suspend…