DH Shipbuilding captures 55% of global Suezmax orders in January

Iron Ore Trade on the Great Lakes Down in March 2026

Iron ore shipments on the Great Lakes in March 2026 decreased 23.5 percent from a year ago. Loadings were also below the month’s 5-year average by 35.1 percent. The iron ore trade

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India Resumes Iranian Oil Imports After Seven-Year Hiatus

Indian refiners have purchased Iranian oil amid the Middle East conflict that has disrupted supplies through the Strait of Hormuz, the oil ministry said on Saturday.The world's third-biggest oil importer and consumer,

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Loaded LNG Tankers from Qatar Turn Back Before Hormuz Crossing

Two vessels loaded with liquefied natural gas (LNG) from Ras Laffan, Qatar, turned back after they moved eastward towards the Strait of Hormuz, ship-tracking data showed on Monday.Had the vessels successfully crossed

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ClassNK Awards Autonomous Notation to Domestic Container Ship

ClassNK has granted its “AUTO-Nav2(All)" notation to Japanese domestic liner container ship Genbu, the only newly constructed autonomous ship under the MEGURI2040 Fully Autonomous Ship Program by The Nippon Foundation.This notation identifies…

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Ship Recyclers Face Clouded Price Recovery Outlook

Geopolitical risk has overtaken supply-demand fundamentals as the primary price driver in energy markets, and ship recycling is feeling the impact from both sides, as higher oil keeps aging vessels trading while

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Bahrain Hopes for Council Vote on Hormuz Resolution by Friday

Bahrain's Foreign Minister Abdullatif bin Rashid Al Zayani told the United Nations Security Council on Thursday he hopes for a council vote on Friday on a resolution Bahrain has drafted to protect commercial shipping in and

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US Crude Trade at Record After Trump Promises to Continue Attacking Iran

Front-month U.S. crude oil futures were trading at their largest-ever premium over the second-month contract on Thursday as traders scrambled for barrels after U.S. President Donald Trump vowed to continue attacking Iran.Widening

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JA Moody, Phoenix Lighting to Offer Electrical Product Solutions for U.S. Navy, Marine Customers

JA Moody, a supplier of flow control products to the U.S. Navy and marine industry, has announced a strategic partnership with Phoenix Lighting, a leading manufacturer of heavy-duty LED lighting solutions. This

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China Inland Waterways Set for Zero-Carbon Push Under New Partnership

Wah Kwong NatPower and Huzhou Wuxing Ruituo Energy have signed a memorandum of understanding to develop zero-carbon inland shipping corridors, focusing on electrification infrastructure across key waterways in China.The partnership will establish…