The authorities suspect that an error while transferring fuel aboard the Russian-flagged commercial fishing vessel Alpa Crux caused it to lose stability and sink at its dock in Montevideo, Uruguay.
Reports say the attack caused a fire on the vessel transiting the Middle East waterway
Nordic American Tankers posted a net profit of $68.3 million for the second quarter of 2026, rising from $46.3 million in the previous quarter and reversing a net loss of $0.9 million recorded during the same period in 2025.
The Baltic Exchange's dry bulk sea freight index rose 51 points on Thursday to 3,107, its highest level in nearly three months, extending gains for a sixth consecutive session as rates increased across all vessel segments.
Caspian CPC Blend oil exports are planned at 1.5 million barrels per day for September, steady to lower from 1.5-1.6 million bpd in August amid maintenance at the Karachaganak oilfield, three traders said.Actual CPC Blend oil loadings next month might…
[By: Kongsberg Maritime] Kongsberg Maritime has secured a contract to deliver a fully integrated suite of technology and equipment for a new multi-purpose deepwater installation and construction vessel that will be owned and operated by Solstad Offshore and SBM Offshore.
