OFAC moves to stem flow of Iranian funding to Houthis
As the Houthi attacks that began with the hijacking of the Galaxy Leader continue to disrupt Red Sea shipping, the U.S. is moving to stem the flow of the Iranian money that
Legal
Two seafarers injured in Black Sea mine explosion
Ukraine’s Southern Defense Forces report that two seafarers were injured when a Panama-flagged general cargo ship headed to load grain in a Danube port struck a Black Sea mine. The ship lost
GLDD succeeds in bid protest of USACE action
As those who watch these things know, the Government Accountability Office (GAO) rejects the majority of bid protests filed with it. However, a number of bid protests do, in fact, succeed and
Euronav set to acquire CMB.TECH
The Saverys family is continuing with the reshaping of Euronav (NYSE:EURN) following the deal that saw 24 of the company’s VLCCs being transferred to John Fredriksen’s Frontline, resolving a long-running merger battle,
Venezuela hands over “Fat Leonard”
When Leonard Glenn Francis, the man at the center of the “Fat Leonard” bribery case that rocked the Navy, last surfaced in public, it was back in September 2022 when he was
OSG sees liquefied CO2 carriers in its future
Tampa, Fla., headquartered Overseas Shipholding Group Inc. (NYSE:OSG) is looking to get into the growing carbon storage and transport business, including operating liquefied CO2 carriers, and it’s taking its first steps right
Carnival reports all time high full year revenues
Cruising has come a long way since the dark days of the COVID shut-down when much loved veteran cruise ships were being beached for scrapping. Evidence of the industry bounce back came
Red Sea is becoming a no go zone for shipping
Supply chain disruptions as a result of Houthi attacks on merchant ships in the Red Sea are only likely to increase. A growing number of ship operators have themselves decided to suspend
Höegh Autoliners in strategic partnership with biofuel supplier VARO
Shipping’s customers, including auto manufacturers, are looking to wring carbon out of their supply chains. Leading car carrier operator, Oslo-headquartered Höegh Autoliners has plans for its next-generation of ships to operate on
OSG rolls out Starlink fleetwide
Tampa, Fla., headquartered Overseas Shipholding Group Inc. (NYSE:OSG) is joining the growing number of shipowners worldwide rolling out SpaceX’s Starlink satellite internet service fleetwide. OSG says its decision marks a pioneering moment