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Oil Prices Jump at News of Pause in Saudi Loadings at Red Sea Terminal

Oil Prices Jump at News of Pause in Saudi Loadings at Red Sea Terminal

Benchmark Brent crude price resumed its upward climb on Tuesday after news of a pause in the loading program at Yanbu, Saudi Arabia's main Red Sea loading terminal.  The terminal's ability to keep...

New Container Terminal for Wilmington Moves Forward Despite Challenges

New Container Terminal for Wilmington Moves Forward Despite Challenges

Delaware and the operator of the Port of Wilmington, Enstructure, marked the groundbreaking for the long-planned new container terminal. State officials called the project one of the largest economic...

Russian Frigate Launches Flares at NATO Helicopter

Russian Frigate Launches Flares at NATO Helicopter

A Russian Navy frigate had a tense encounter with a Danish military helicopter in recent days, starting with close surveillance and ending with the Russian crew firing flares at the aircraft.  In a...

Japan Approves $635M in Investments for Five Shipbuilders

Japan Approves $635M in Investments for Five Shipbuilders

The Japanese government is moving forward with its plan designed to encourage investment in the country’s shipbuilding industry. The goal is to dramatically strengthen the country’s shipbuilding capac...

EU Loan Will Upgrade Latvian Cruise Terminal to Receive NATO Warships

EU Loan Will Upgrade Latvian Cruise Terminal to Receive NATO Warships

The EU is providing financing to revamp a cruise terminal at Klaipeda, Lithuania for military uses, adapting its infrastructure to receive NATO ships in time of need.  In a statement, the European...

Oman Conducts SAR as US and Iran Argue Over Circumstances of Tanker Attack

Oman Conducts SAR as US and Iran Argue Over Circumstances of Tanker Attack

The Omani Maritime Security Center confirmed on Tuesday, September 15, that it has undertaken a search and rescue effort for the crew of a Panama-flagged product tanker, while saying that two seafarer...

Navigator Gas Returns to PrimeServ for New Ethane Retrofits

Navigator Gas Returns to PrimeServ for New Ethane Retrofits

[By: Everllence] Everllence PrimeServ – Everllence’s after-sales division – has signed a contract with Navigator Gas, the liquefied-gas shipping company, for the conversion of two of its vessels to...

The Panama Canal Appoints Miguel Lorenzo as Deputy Administrator

The Panama Canal Appoints Miguel Lorenzo as Deputy Administrator

[By: The Panama Canal] The Panama Canal Board of Directors has appointed Miguel Antonio Lorenzo Fábrega as Deputy Administrator of the Panama Canal. He will serve alongside Administrator Ilya Espin...

Klingspor Abrasives New Flap Disc Family with CMT, SMT & TITAN Solutions

Klingspor Abrasives New Flap Disc Family with CMT, SMT & TITAN Solutions

[By: Klingspor Abrasives Inc.] Klingspor Abrasives Inc., a leading global manufacturer of high?performance abrasive technology, is proud to highlight its Flap Discs product line, bringing together...

Report: Failed Control Transfer Caused Ferry to Hit Dock, Injuring Two

Report: Failed Control Transfer Caused Ferry to Hit Dock, Injuring Two

A failed handoff of engine control between bridge stations caused a Québec ferry to hit a wharf in October 2024, injuring five people, according to a new report from the Transportation Safety Board of...