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Mysterious Airfield Near Houthi Hot Zone Gets First Aircraft

Mysterious Airfield Near Houthi Hot Zone Gets First Aircraft

  The runway at the mystery airfield on the Yemeni island of Abd Al Kuri remains enigmatically incomplete, with the gap at the northern end of the runway still extant as of January 22, 2025. Howeve...

Bardex Strengthens Presence with Hire for Director of Business Development

Bardex Strengthens Presence with Hire for Director of Business Development

[By: Bardex] Bardex, a leading global provider of products and engineering solutions for marine-based heavy lifting, transfer, and restraint, is thrilled to welcome Ian Finch as its Director of Bus...

USCG Surges Assets to Border Protection Following Trump’s Orders

USCG Surges Assets to Border Protection Following Trump’s Orders

  The new Acting Commandant of the U.S. Coast Guard reported that additional forces and equipment were being sent to key locations to enhance its primary mission of maritime border security. The st...

Galaxy Leader Crew Released After 14 Months Captivity by Houthis

Galaxy Leader Crew Released After 14 Months Captivity by Houthis

The governing body of the Houthi movement released a statement first reported by Al Masirah TV confirming the crew of the car carrier Galaxy Leader has been released. The crew was held for nearly 14...

Container Lines Eye a Less Profitable Future With Calm in Red Sea

Container Lines Eye a Less Profitable Future With Calm in Red Sea

  The world's top container carriers and their investors are warily eyeing a return to the Red Sea-Suez route after a year of profitable disruption - but the return will not happen quickly, executi...

Tanker Sanctions Hit Russia's Kozmino Oil Export Terminal

Tanker Sanctions Hit Russia's Kozmino Oil Export Terminal

  The Russian port of Kozmino is a reliable earner for the nation's oil and gas sector, pumping out 900,000 barrels a day of premium Siberian crude for Chinese buyers. Kozmino's ESPO blend has cons...

Panama Audits Hutchison PPC After Trump's Complaints of Chinese Influence

Panama Audits Hutchison PPC After Trump's Complaints of Chinese Influence

  After criticism from President Donald Trump about the Panama Canal's operations, the Panamanian government has announced an audit of the local unit of Hutchison Port Holdings, the Hong Kong-based...

Royal Caribbean Orders Sixth Edge Class from Chantiers de l'Atlantique

Royal Caribbean Orders Sixth Edge Class from Chantiers de l'Atlantique

  Cruise ship construction orders continue to be placed as the industry reaches new heights in its growth. Royal Caribbean Group announced the order for the sixth ship of Celebrity Cruises’ Edge cl...

Ørsted Takes $1.7B Charge in Q4 Citing Decline in Value of US Seabed Leases

Ørsted Takes $1.7B Charge in Q4 Citing Decline in Value of US Seabed Leases

Ørsted which is focused on offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, disappointed investors by announcing on Monday, Jan...

Yemen's Houthi Rebels Signal Plan to Release Seized Car Carrier

Yemen's Houthi Rebels Signal Plan to Release Seized Car Carrier

  After announcing a long-awaited halt to attacks on merchant shipping in the Red Sea, Yemen's Houthi militant group said Tuesday that it is preparing to release the car carrier Galaxy Leader, whic...