A U.S. submarine sank an Iranian warship off the southern coast of Sri Lanka, killing dozens of sailors and dramatically widening Washington's pursuit of the Iranian navy.Sri Lanka's deputy foreign minister identified the warship as the frigate IRIS Dena, and said it was heading back to Iran from an eastern Indian port.
US natural gas futures held steady on Tuesday as bearish forecasts for milder weather and less demand over the next two weeks than previously expected offset a bullish drop in daily output to an eight-month low.Front-month gas futures for November delivery on the New York Mercantile Exchange (NYMEX) rose 0.2 cent, or 0.1%, to $3.169 per million British thermal units.
SCHOTTEL has been selected to provide the propulsion package for the new Mersey Ferries passenger ferry Royal Daffodil. Designed and constructed by Cammell Laird Shiprepairers & Shipbuilders Limited in Birkenhead, United Kingdom, the vessel was officially launched in September 2026 and replaces the Royal Iris after 67 years of operation on the Mersey River in the Liverpool City Region.
U.S. natural gas futures rose to a near four-week high on Wednesday, supported by forecasts for hotter weather and firm oil prices, while investors awaited a federal storage report due this week. Front-month gas futures for September delivery on the New York Mercantile Exchange rose 9.6 cents, or 3.5%, to $2.87 per million British thermal units, their highest level since July 24.
Companies from Africa, Europe, the US and Latin America offered strategies for steering through a challenging period of complex geopolitics, price volatility and supply chain congestion at a session of The Heavy Lift Group's (THLG) 74th Annual Conference.Moderated by Colin D'Abreo, VP Director Rhenus Project Logistics Global, panellist Iris Mueleians, Managing Director of Germany's Ried Group
U.S. natural gas futures fell about 4% to a six-week low on Thursday on expectations gas flows to liquefied natural gas (LNG) export plants will remain low through late August due to planned maintenance at Freeport LNG's plant in Texas, and after the release of a federal report showing last week's storage build was much bigger than expected.
Wärtsilä Water & Waste, part of technology group Wärtsilä, has introduced a flexible and modular grease trap product line designed to separate fats, oils and grease from galley wastewater streams onboard merchant vessels, cruise ships and offshore platforms. The solution supports improved wastewater management while contributing to protection of the marine environment by capturing fats, oils
The American Association of Port Authorities (AAPA) Board of Directors announced the appointment of Sang Yi as President and Chief Executive Officer (CEO), effective May 4.Most recently, Yi served as Deputy Administrator of the U.S. Department of Transportation’s Maritime Administration (MARAD), where he oversaw key programs supporting the nation’s commercial and strategic maritime infrastructure.
Regal Rexnord Corporation announced that its Board of Directors has appointed Aamir Paul to serve as Chief Executive Officer (CEO), commencing no later than July 1, 2026, upon the conclusion of his responsibilities with his current employer, Schneider Electric SE. The Board has also determined that Mr.
Windward is publishing daily intelligence reports on the crisis in the Gulf as the situation develops.The highlights of today's report are as follows: Operation Epic Fury triggered immediate disruption across maritime chokepoints in the Gulf.Commercial tanker traffic through the Strait of Hormuz collapsed as strikes, threats, and insurance withdrawal drove operators out of the corridor.
Sri Lanka started to offload 208 crew members from a second Iranian vessel off its coast on Thursday, a day after 87 people were killed and several others were still missing after a U.S. submarine strike on an Iranian warship in the same region."After detailed discussions with all parties, Sri Lanka has decided to assist the Iranian vessel
Iris Innovations, a leader in specialized marine camera technology, has announced the launch of Photon, a compact ultra-low-light 4K night vision camera designed to make safe nighttime navigation accessible to every boater.Whether cruising after dusk, fishing before sunrise or patrolling remote coastlines, Photon delivers clarity and full-color imagery in near-total darkness