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France Arrests Russian Captain After Detaining Shadow Fleet Tanker

France Arrests Russian Captain After Detaining Shadow Fleet Tanker

  French prosecutors confirmed that they have taken the master of the shadow fleet tanker detained on Sunday into custody as the investigation continues. The arrest of the captain of the tanker Tag...

BHP Tests Out Tallow-Based Biofuel Blend With GCMD's Assistance

BHP Tests Out Tallow-Based Biofuel Blend With GCMD's Assistance

In a development that could increase availability of biofuels, Australian mining giant BHP and Singapore's Global Centre for Maritime Decarbonisation (GCMD) said they are piloting the use of an unusua...

Iran’s Claims of Retaliation Include MSC Boxship and US 5th Fleet HQ

Iran’s Claims of Retaliation Include MSC Boxship and US 5th Fleet HQ

Iranian officials spoke out angrily, accusing the United States of new ceasefire violations after an attack on an oil tanker, while the IRGC claimed multiple retaliations, including on a second MSC...

Yemeni Government Strengthens Grip on Coastline

Yemeni Government Strengthens Grip on Coastline

  With the Strait of Hormuz still largely closed, Red Sea ports have risen in importance as the means to access the Arabian Peninsula and the Gulf. But while Saudi oil traffic in particular passing...

Marinakis: "Better to Pay a Fee" for Hormuz Transits

Marinakis: "Better to Pay a Fee" for Hormuz Transits

Most shipowners are reticent to discuss the arrangements they might be willing to make with sanctioned regimes, but on Tuesday,  prominent Greek tanker owner Evangelos Marinakis said what many are thi...

Ukrainian Drones Hit Oil Terminal in St. Petersburg's Harbor

Ukrainian Drones Hit Oil Terminal in St. Petersburg's Harbor

On Wednesday morning, a flotilla of slow-moving Ukrainian drones penetrated Russian air defenses to attack the St. Petersburg Oil Terminal, a petroleum transshipment pier about five miles from the cit...

ABS Report Shows How AI, Digitalization and New Energy are Taking Hold

ABS Report Shows How AI, Digitalization and New Energy are Taking Hold

[By ABS] Artificial intelligence (AI), robotics, advanced sensing capabilities and emerging energy solutions are beginning to shape real-world operations across the marine and offshore sectors, acc...

Oil Producers Warn of Declining Reserves as Hormuz Shutdown Continues

Oil Producers Warn of Declining Reserves as Hormuz Shutdown Continues

As U.S. and Iranian forces continue to exchange limited fire in and around the Strait of Hormuz, multiple oil producers are warning that physical supplies may begin to show signs of strain by the end...

MSC’s Ferry Company GNV Christens New Ship as Expansion Continues

MSC’s Ferry Company GNV Christens New Ship as Expansion Continues

  Italian ferry operator GNV (Grandi Navi Veloci), which has been a subsidiary of MSC Group since 2020, celebrated the christening of its newest ship and the expansion of its service to Morocco as...

AD Ports Jumps Into Brazilian Ag Market with Largest-Ever M&A Transaction

AD Ports Jumps Into Brazilian Ag Market with Largest-Ever M&A Transaction

  AD Ports Group has agreed to acquire a Brazilian sugar and grain export terminal operator, Corredor Logística e Infraestrutura (CLI), which marks its entry into the South American market. It is c...