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Iran Seizes Foreign-Flagged Tanker in Gulf of Oman

Iran Seizes Foreign-Flagged Tanker in Gulf of Oman

  Independent maritime security firm EOS Risk Group reports that Iran has seized a foreign-flagged tanker in the Gulf of Oman, the first such seizure in more than a year.  The tanker Talara (IMO...

Op-Ed: Mideast Reclaims Key Role in VLCC Market as OPEC+ Reopens the Tap

Op-Ed: Mideast Reclaims Key Role in VLCC Market as OPEC+ Reopens the Tap

  As the global VLCC community gathers in Dubai for Bahri Week, all eyes are once again on OPEC and Middle East production policy. OPEC+ members, led by Saudi Arabia, have begun unwinding their vol...

Report: U.S. Military Destroys 20th Suspected Drug Boat

Report: U.S. Military Destroys 20th Suspected Drug Boat

  The U.S. military has killed another four suspects in its new airstrike campaign against suspected smuggling boats off Latin America, according to CBS and the New York Times. The strike is the 20...

Video: Ukraine Hits Russian Oil Terminal at Novorossiysk

Video: Ukraine Hits Russian Oil Terminal at Novorossiysk

  Ukrainian forces carried out a massive strike on the Russian port of Novorossiysk, inflicting significant damage on oil loading terminals that are vital to Russia's revenue stream. At least one v...

Guinea's Giant Iron Ore Mine Begins Loading its First Shipment

Guinea's Giant Iron Ore Mine Begins Loading its First Shipment

  The largest new iron ore mining project in years, Simandou, has just dispatched its first ore shipment. Simandou is a massive integrated mining, rail and seaport venture carried out by an interna...

U.S. Coast Guard Tails Russian Spy Ship Just 15 Miles Off Hawaii

U.S. Coast Guard Tails Russian Spy Ship Just 15 Miles Off Hawaii

  Late last month, a Russian spy ship approached to within a few dozen cable lengths of U.S. territorial seas off the coast of Oahu, prompting the U.S. Coast Guard to dispatch a cutter to escort th...

Op-Ed: A "Night Court" for the U.S. Navy's Administrative Overload

Op-Ed: A "Night Court" for the U.S. Navy's Administrative Overload

  [By Lt. Chris Rielage] Time is our critical resource now. The Navy knows that we have a few scant years before we face major risk for an invasion of Taiwan. In the Naval Surface and Mine Warfi...

Med Marine Launches Another RAmparts 2800 Tug For OMMP

Med Marine Launches Another RAmparts 2800 Tug For OMMP

[By: Med Marine] Turkey’s leading shipbuilder and tug operator, MED MARINE, proudly announces the successful launch of the fourth RAmparts 2800 series ASD tugboat, MED-A2800, built for Tunisia’s es...

Industry & Government Roadmap Aligning to Rebuild America’s Maritime Power

Industry & Government Roadmap Aligning to Rebuild America’s Maritime Power

[By: SHIPPINGInsight] A new paper authored by Dr. Beatriz Canamary, Founder of SuRe Strategy Group, presents a unified framework for revitalizing America’s maritime sector through coordinated gover...

Beal Bank USA Lends $450M to Otto Candies to Grow Commitment to Jones Act

Beal Bank USA Lends $450M to Otto Candies to Grow Commitment to Jones Act

[By: Beal Bank USA] Beal Bank USA is pleased to announce that it has arranged a term loan of $450,000,000 to Otto Candies, LLC. Andy Longhurst, Managing Director and head of Shipping for Beal Ba...