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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...

Genco Rejects Third Offer from Diana Two Weeks Before Shareholder Meeting

Genco Rejects Third Offer from Diana Two Weeks Before Shareholder Meeting

The takeover battle that has been going back and forth for six months continues to build with Genco Shipping & Trading releasing a statement from its board rejecting Diana Shipping’s third, increase...

U.S. Disables an Iran-Linked Tanker With a Hellfire Missile

U.S. Disables an Iran-Linked Tanker With a Hellfire Missile

U.S. forces have disabled another tanker near the Strait of Hormuz, according to U.S. Central Command, bringing the total tally to six vessels.  On June 2, Centcom forces observed the stateless tan...

ClassNK Releases PrimeShip-HULL 2026.1

ClassNK Releases PrimeShip-HULL 2026.1

[By: ClassNK] ClassNK has released PrimeShip-HULL 2026.1, the latest version of its hull structure assessment software for shipbuilders and design firms. This release integrates the evaluation func...

Aderco 2055G+ Provides Monitoring from Emission Reduction to Carbon Credits

Aderco 2055G+ Provides Monitoring from Emission Reduction to Carbon Credits

[By: Aderco] 2055G+ creates a bridge between fuel treatment technology, verified emissions reduction data and certified carbon credits, delivering ROI for ship owners, managers and charterers. A...

MSC Acquires Majority Stake in Ukrainian Terminal Operator

MSC Acquires Majority Stake in Ukrainian Terminal Operator

  Media reports from Ukraine indicate that MSC Mediterranean Shipping Company has acquired a controlling stake (51 percent) in Ukrainian terminal operator TIS Group. Local industry executives are e...