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Bureau Veritas to Sell its Fuel Testing/Inspection Unit to Focus on Growth

Bureau Veritas to Sell its Fuel Testing/Inspection Unit to Focus on Growth

Bureau Veritas confirmed it is in exclusive negotiations with a European mid-market specialized investor, Triton Partners, for the sale of its oil & petrochemicals and coal testing and inspection busi...

The Insurance Chokepoint: War-Risk Pricing as an Instrument of Coercion

The Insurance Chokepoint: War-Risk Pricing as an Instrument of Coercion

[By Bruce Randolph Tizes] Most analysis of the U.S.-Iran maritime war will focus on carrier strike group positioning, IRGC small-boat tactics, Marine Corps Stand-in Forces, and the operational less...

China Deploys First 16MW Floating Offshore Wind Tension-Leg Platform

China Deploys First 16MW Floating Offshore Wind Tension-Leg Platform

China continues its developments, placing it at the forefront of the offshore wind energy sector. In the latest development, officials reported deploying the largest tension-leg floating offshore wind...

Maersk Increases Outlook to Strong Profits Based on Rate Surge and Volumes

Maersk Increases Outlook to Strong Profits Based on Rate Surge and Volumes

Maersk, in a reversal of fortune, issued a strong upgrade for its 2026 outlook, increasing guidance to a solid profit for the year. Earlier in the year, Maersk had issued a far more cautious outlook f...

Poland Buys Three Capable AIP-Powered Submarines From Saab

Poland Buys Three Capable AIP-Powered Submarines From Saab

The government of Poland has signed a contract for three small, quiet and formidable A26-variant submarines from Swedish builder Saab. The deal is worth nearly $5 billion, and covers the costs for wea...

Coast Guard Reels in 50 Pounds of Marijuana Floating off Florida

Coast Guard Reels in 50 Pounds of Marijuana Floating off Florida

The U.S. Coast Guard responded to the reports of a bale floating off the coast of Florida, only to discover it was a large bale of marijuana likely left off by smugglers. It is using the opportunity t...

Egypt Intensifies Efforts to Free Crew of Hijacked Tanker

Egypt Intensifies Efforts to Free Crew of Hijacked Tanker

Egypt is intensifying efforts to free the crew of a tanker that has been held by pirates off Somalia since early May. The Foreign Ministry, in a new statement, emphasized the efforts while also workin...

Ukraine Issues New Warning in Letter to the IMO for Ships Aiding Russia

Ukraine Issues New Warning in Letter to the IMO for Ships Aiding Russia

Ukraine is responding to Russia’s allegations of “terrorism” after strikes on commercial shipping in a new letter to the IMO, which issued a veiled warning to shipping. Ukraine asked the IMO to circul...

Oman Clarifies its Stance on Hormuz as Talks with Iran Widen

Oman Clarifies its Stance on Hormuz as Talks with Iran Widen

An uneasy calm appears to be prevailing in the Strait of Hormuz after the exchanges of fire between the United States and Iran, which followed the Iranian attack on the Singapore-flagged container shi...

Alfa Laval Strategic Growth with Appointment of New Managing Director

Alfa Laval Strategic Growth with Appointment of New Managing Director

[By: Alfa Laval] Alfa Laval UK & Ireland has appointed Alessandro Bracco as its new managing director, as part of a targeted push for growth in a number of key strategic sectors, including marine....