Since the Russian invasion began in 2022, Ukraine has successfully resisted its opponents on many fronts, but its most surprising success came in a theater where few expected Ukraine to prevail: the Black Sea.In 2022, the consensus among military analysts was that Russian leader Vladimir Putin’s military would most likely crush Ukrainian forces in the air, on land and at sea.
OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S. production.Brent crude oil prices LCOc1 have been trading near $80 per barrel in recent days, below what many OPEC+ members need to balance their budgets.
The U.S. mariner shortage continues to be a strategic national security concern for all maritime industry stakeholders. So what can the Maritime Administration (MARAD) and U.S. Coast Guard (USCG) do to address the problem?Subcommittees on Readiness, and Seapower and Projection Forces on the “Posture and Readiness of the Mobility Enterprise.” Both Administrator Phillips and Gen.
Yemen's Houthis have been attacking ships in the Red Sea since November, in what they say is a campaign of solidarity with Palestinians during the Israel-Hamas war in Gaza, prompting retaliatory U.S. and U.K. strikes against the Iran-aligned group.In the first fatalities reported since the Houthis began their attacks on shipping in one of the world's busiest trade lanes
Senator Wesley Livsey Jones gave his name to the famous “Jones Act” governing U.S. domestic maritime trade. But what do really know about him? It turns out that he was much more than a leading merchant marine policy maker. (i)Jones had a long career in the U.S. House of Representatives before he was a Senator, was an effective legislator, an astute politician
As tankers, car-carriers and other merchant vessels pass through the Malacca Strait, unlit fishing boats criss-cross the shipping lanes at night, making it one of the most challenging sea areas of the world to transit, even during peacetime.Should a major war ever come to Asia, those challenges could be magnified spectacularly
On a website run by the Ukrainian security service, donors anywhere in the world can pledge money to build Ukraine's cutting-edge "Sea Baby" unmanned maritime drones.It is a slick, professional site offering donors the chance to sign up for newsletters or even name the drone themselves if they donate the full $220,000 cost.
The Biden administration said it would not renew a license set to expire early on Thursday that had broadly eased Venezuela oil sanctions, moving to reimpose punitive measures in response to President Nicolas Maduro’s failure to meet his election commitments.Just hours before the deadline, the U.S.
The Maritime and Port Authority of Singapore (MPA) has shortlisted 11 proposals, submitted by seven companies and consortia, to advance designs and promote adoption of full electric harbor craft (e-HC) in Singapore.The announcement follows call for the expressions of interest (EOI), launched by MPA) in 2023, which yielded 55 proposals from 32 international and local companies and consortia.
The southern Ukrainian region of Odesa, which has ports on the Black Sea and Danube River, is introducing a new export control mechanism for grain, regional governor Oleh Kiper said on Thursday."From now on, vessels (barges) will be loaded only after a preliminary analysis of the legality of the grain's origin," he said
A Philippine group leading a civilian supply mission in the South China Sea reportedly delivered food and fuel to Filipino fishermen despite being shadowed by Chinese vessels, its officials said on Thursday, calling it a "major victory".A 10-member team was sent by the Atin Ito (This is Ours) group to the Scarborough Shoal a day ahead of a commercial flotilla of five commercial vessels and 100
SunStone Maritime Group has announced the long-term summer charter of the Infinity vessel, Ocean Victory, with a new client.From April 2025, the Ocean Victory will be trading in the Mediterranean Sea during northern hemisphere summer seasons for Spanish luxury cruise operator, Alma Cruceros.