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Economic Fury Tightens Stranglehold on Iranian Dark Fleet

Economic Fury Tightens Stranglehold on Iranian Dark Fleet

  On June 2, the US Treasury's Office of Foreign Assets Control (OFAC) tightened its controls on Iranian dark-fleet activities by designating Iran's leading crypto trader, Nobitex, and the three ne...

Braving the Dangers in the Strait of Hormuz

Braving the Dangers in the Strait of Hormuz

  For several days, US forces have responded to a number of IRGC attacks in the Strait of Hormuz area by launching counterattacks of their own. This series of tit-for-tat strikes appears to have be...

GenFlat Completes 1st Production of Patented Collapsible Shipping Container

GenFlat Completes 1st Production of Patented Collapsible Shipping Container

[By: GenFlat Holdings, Inc.] GenFlat Holdings, Inc. (OTCQB: GFLT) (“GenFlat”), a pioneer in sustainable collapsible container technology, today announced the successful completion of its first comm...

PortMiami’s Director Ousted as County Seeks Fisher Island Fuel Terminal

PortMiami’s Director Ousted as County Seeks Fisher Island Fuel Terminal

A messy two-year land battle that drew national attention to PortMiami and Miami-Dade County took a new turn as the county’s mayor ousted key officials and announced they would proceed with an emine...

Tanker Awaiting Scrapping Stuck in Limbo by US Sanctions

Tanker Awaiting Scrapping Stuck in Limbo by US Sanctions

The Bangladeshi scrappers community and the cash buyers are dealing with what they termed a “highly unusual incident” after one of the ships that was in the process of changing hands for scrapping w...

ATSB: Delayed Emergency Assistance a Factor in Breakaway Ships During Storm

ATSB: Delayed Emergency Assistance a Factor in Breakaway Ships During Storm

  Delay in providing emergency assistance is emerging as a major contributing factor in which three containerships and a vehicle carrier broke away from their berths during a severe storm at the Po...

Five Azerbaijani Seafarers Killed as Ukraine Attacks Cargo Ships

Five Azerbaijani Seafarers Killed as Ukraine Attacks Cargo Ships

Five Azerbaijani seafarers were killed, and between three and six more were injured, in a series of attacks on commercial shipping in the region around the Sea of Azov shortly after midnight on June...

Wass Submarine Systems and Magellan Aerospace Sign Agreement

Wass Submarine Systems and Magellan Aerospace Sign Agreement

[By: Fincantieri] Fincantieri, through its subsidiary WASS Submarine Systems, a leader in the design and development of advanced underwater defense systems, and Magellan Aerospace Corporation (“Mag...

Austal USA Grows Leadership Team

Austal USA Grows Leadership Team

[By: Austal USA] Austal USA welcomed three new members to the company’s senior leadership team.  Michael Pruitt, Vice President of Surface Ship Programs; Michael Oberdorf, Vice President of Submari...

Panama Canal Preemptively Lowers Draft Levels Due to El Niño Forecast

Panama Canal Preemptively Lowers Draft Levels Due to El Niño Forecast

The Panama Canal Authority issued an advisory to shipping companies announcing that it plans to reduce the maximum authorized draft for the Neopanamax locks. It emphasizes that this is a precautiona...