Last week's Ukrainian drone attack on one of its vessels has forced Russian logistics and shipping group Fesco to suspend accepting new shipment orders via the Black Sea, the company said on Tuesday.
Water levels on the river Rhine in Germany hit new lows on Tuesday in the current heatwave, the country’s inland navigation agency said, with cargo vessels continuing sailings carrying greatly reduced loads at higher prices.Inland navigation agency WSV said the…
India's shipping ministry reports that an Indian-flagged vessel was hit and sunk in the southern Red Sea, the latest war-risk casualty off the coast of Yemen. Maritime security consultancy Windward identified the incident as a bomb-boat attack.
American LNG producers were unable to take advantage of a rally in global gas prices in July as maintenance and seasonally lower production kept export volumes largely unchanged from the previous month.US exports of liquefied natural gas slipped to 10.48…
UK-based integrated offshore infrastructure services company North Star has completed a £275 million (US$370 million) debt financing, adding to debt commitments to support continued growth, broadening its lender group and improving its terms.The package is structured across sterling and euro…
Danish ferry operator Scandlines retired the oldest vessel in its fleet, the Kronprins Frederik, which had become a well-known fixture on the Baltic. The ferry made its last run heading to a recycling yard after 45 years of service.
