Tsakos Energy Navigation Posts Higher H1 Profit on Strong Tanker Market
Tsakos Energy Navigation reported a sharp rise in net income to $228.1 million for the first six months of 2026, up from $64.5 million in the equivalent period of 2025.
vessel
Pirates Hijack Bulker Off Yemen in the 25Th Recorded Incident of 2026
Reports are coming in of a new vessel hijacking that happened earlier today, September 10, south of Yemen. The monitoring authorities issued alerts about a bulker that was approached and appeared to have been boarded while assets assigned to the…
OPINION | The Strait of Hormuz Guessing Game Is Keeping Crude Prices Elevated
How much oil is flowing through the Strait of Hormuz? Traders, energy executives and government officials are all trying to figure it out – but are reaching wildly different conclusions.
Captain and Boatswain Go on Trial in Finland for Anchor Dragging Incident
Finnish prosecutors are back in court seeking to hold a captain and a boatswain from a cargo ship responsible for dragging the vessel’s anchor across the Gulf of Finland and damaging critical undersea cables and a gas pipeline.
Sogestran Subsidiary Orders Hybrid Ro-Ro Fitted With Questionable Rigid Sail Technology
Sogestran subsidiary Compagnie Maritime Nantaise has awarded China's Guangzhou Shipyard International a contract for the construction of a new hybrid Ro-Ro vessel fitted with wind-assist propulsion units.The vessel will be used primarily for the transport of satellites, launch vehicles, and…
New Russian Inland Buoy Tender Enters Service
The Russian Federal Agency for Maritime and River Transportation (Rosmorrechflot) has commenced operations of a newly delivered buoy tender.Like her sisters under Project 3050.1A, Leonid Komarov (Леонид Комаров) was built by Kingisepp Machine-Building Plant of Saint Petersburg.