Deep in Arctic waters near the remote Svalbard archipelago this spring, NATO allies caught Russian subs training to unleash a secret weapon designed to disable critical undersea cables without leaving any fingerprints.The clandestine Russian operation, described to Reuters by two Western officials, was carried out by Moscow's GUGI undersea warfare directorate
VARD, the Norwegian shipbuilding subsidiary of Italy's Fincantieri Group, won a contract valued at more than €220 million to design and build two next-generation buoy and lighthouse maintenance vessels for Trinity House, the General Lighthouse Authority for England, Wales, the Channel Islands and Gibraltar.
Hong Kong conglomerate CK Hutchison said on Tuesday Panama authorities had threatened its employees with criminal prosecution if they defied orders to leave two strategic canal ports at the centre of a legal battle that has embroiled Beijing and Washington.CK Hutchison said Panama's decision to cancel key port contracts and grant temporary licences to Maersk and the Mediterranean Shipping (MSC)
Several top energy executives were dropped from the schedule of the WPC Energy Congress in Riyadh, as Saudi authorities pressed ahead with the event despite deadly attacks on the capital claimed by Yemen's Iran-aligned Houthis.The chief executives of ExxonMobil, TotalEnergies, Shell, Chevron and BP had all been expected at the event, which began on Sunday
Patricia Ruf, Member of the administrative board at Liebherr-International AG, has formally christened SAL's MV Patricia at the Liebherr site in Rostock. The vessel is the third delivered unit in SAL's Orca Class newbuilding program and bears the name of her godmother. The ceremony brought together more than 350 guests invited by SAL, including customers, partners and suppliers
Britain imposed fresh sanctions on Russia on Tuesday, targeting Yandex Bank, a network linked to Russian military intelligence and dozens of vessels accused of shipping Russian oil and gas to third countries as part of Moscow’s "shadow fleet."The package, covering 70 new designations, also covered insurer Rosgosstrakh, Evofinance Mosnarbank and Wildberries Bank
The Port of Albany-Rensselaer, NY hosted a half-day Maritime Summit that featured internationally renowned port, economics, infrastructure, and transportation leaders who addressed the issues, opportunities, and trends facing the transportation/maritime industry here in the Capital Region, across New York State, and around the United States.
Britain will allow imports of diesel and jet fuel refined abroad from Russian crude under a sanctions carve-out, watering down restrictions to help ensure supply at home as prices soar due to the conflict in the Middle East.While Britain's support for Ukraine remains steadfast, junior treasury minister Dan Tomlinson said
Ship refuelling at Fujairah, a major bunkering hub in the United Arab Emirates, has slowed after a fire, market sources told Reuters, while demand at other refuelling hubs, including Singapore, is set to rise.Some bunker deliveries and loadings were on hold for now as suppliers, traders and shippers await more clarity on the situation, while others said that bunkering is still possible.
Ship refuelling at Fujairah, a major bunkering center in the United Arab Emirates, has slowed after the U.S.-Iran conflict disrupted fuel shipments in the region, spurring a jump in prices and potentially shifting demand to other ports including Singapore.Transit through the Strait of Hormuz between Iran and Oman
The Port of Virginia is continuing to modernize and expand its operations and recently debuted additional capacity to safely handle simultaneous calls of ultra-large container vessels (ULCVs).In late January, the port put four new, all-electric, Suez-class ship-to-shore container cranes into service at Norfolk International Terminals (NIT).
Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by trying to choke off Kremlin revenue.In October, the European Union approved new sanctions against Russia that ban Russian LNG imports from January 1, 2027, and Britain and the U.S.