A Russian Panama-flagged cargo ship carrying 3,000 tons of corn is sinking in the Sea of Azov after suffering a hull breach near the port of Azov in Russia’s Rostov region, according to local media.

Cargill’s Ocean Transportation business and product tanker giant Hafnia have joined forces to launch Seascale Energy, a joint venture, combining Cargill’s existing bunker business Pure Marine ...

A spate of blasts recorded across the Mediterranean on tankers that have recently called at Russian ports has security analysts concerned about a new form of attack targeting merchant shipping.

European Union countries have agreed to impose a new raft of sanctions against Russia, including those targeting the so-called shadow fleet used to circumvent restrictions on oil and gas exports.

The extension will begin in direct continuation of the rig’s current contract, extending the commitment until July 2026. The total added contract value is around $50m. Earlier this week, Shelf ...

Japan’s Sumitomo Corporation has bought a 50% stake in the 1GW Liivi wind farm being developed by Enefit Green off the coast of Estonia. Sumitomo bought into the wind farm through the ...

SK Shipping has a fleet of 62 ships according to shipping database Equasis, which lists the fleet as made up of 14 LNG carriers, 14 LPG carriers, 20 crude tankers, six product tankers and seven ...

The Canadian Coast Guard is assessing how best to refloat a containership that ran aground on Saturday morning off Newfoundland. The MSC Baltic III lost power outside the entrance of Bay of ...

Under current and prospective policies from the International Maritime Organization, European Union, and the US, the business case for green shipping corridors could improve markedly – but not ...

Seatrium Offshore Technology, the offshore jackup designer for Singapore shipyard group Seatrium, has won an international tender from International Maritime Industries (IMI) to supply equipment ...

Thank you for the post on Maersk signing MOU with Cochin Shipyard. The initial focus will be on ship repairs afloat and dry docking for service and maintenance. A development fund of $ 2.9 billion ...

The container sector is heading into its normal post-Lunar New Year lull that typically lasts until April/May. The scale of the drops in spot rates is large, but the sector still remains one of ...