MSC Launches Asia-Mediterranean Route to Iraq via Türkiye
MSC Mediterranean Shipping Company has introduced new logistics solutions for inland cargo destined for Iraq, promising competitive transit times from Asia thro...
Latest Shipping & Logistics News
10,883 articlesSplash Wrap: Iran in Focus
Ships under attack, oil spills, soaring tanker rates, punishing bunker bills, 20,000 stranded seafarers, and 3,200 marooned vessels – these are just some of t...
VLCC Day Rates Surge Above Half-Million Dollars Amid Security Warnings
Amid soaring tanker rates, a US-led naval coalition has warned shipping that stationary vessels and ships on predictable routes are 'credible' targets for sabot...
Trump Administration Moves to Repeal Offshore Decommissioning Rule
The Trump administration is planning to eliminate a rule implemented during the Biden era that mandated certain oil and gas companies to set aside billions of d...
IUMI Monitors Marine Insurance Risks in the Persian Gulf and Red Sea Amid Security Concerns
The International Union of Marine Insurance (IUMI) has announced that the marine insurance sector is closely observing the evolving security situation in the Mi...
New Children's Book from Port of Long Beach Aims to Inspire Young Environmental Stewards
The Port of Long Beach this week debuted "Soleil the Sea Lion Explores the Green Port," a children's book penned by Art Marroquin, the port's media relations ma...
Chevron Selects Hanwha Ocean for Leviathan Platform Expansion
South Korean shipbuilding giant Hanwha Ocean has secured a significant contract from US energy behemoth Chevron to fabricate modules for the Leviathan field exp...
US Grants 30-Day Waiver for Russian Crude Shipments to India
The US Treasury has issued a narrowly targeted, 30-day sanctions waiver, permitting Indian refiners to accept Russian-origin crude and petroleum cargoes already...
Romania's Mangalia Shipyard Seeks Strategic Investors Amid Restructuring
Damen Shipyards Mangalia in Romania has officially entered a critical phase of its insolvency restructuring. The judicial administrator, Casa de Insolvență Tr...
Lamprell Secures ONGC Subsea Pipeline Replacement Deal
UAE-based fabricator Lamprell has been appointed by ONGC (Oil and Natural Gas Corporation) to deliver the pipeline replacement project PRP-IX off the coast of I...
TGS Schedules Offshore Wind and Oil & Gas Surveys
Oslo-listed seismic data specialist TGS has announced a new acquisition campaign for its Ramform Vanguard seismic vessel during the upcoming European summer sea...
OOCL Halts Gulf Bookings Amid Strait of Hormuz Tensions
Orient Overseas Container Line (OOCL) has temporarily suspended new bookings to several Gulf nations due to rising tensions in the Middle East and limitations o...