Cosco Tengfei has been fitted with an Iridium GMDSS terminal/

Cosco Shipping fits its first Iridium GMDSS terminal

The 5,000 vehicle capacity PCTC Cosco Tengfei has become the first vessel in the Cosco Shipping (CSSC) fleet to be fitted with an Iridium Global Maritime Distress and Safety System (GMDSS) terminal.

Pinocchio attack

Houthis target SeaLead containership Pinocchio

The latest merchant vessel targeted by the Iran-backed Houthi terrorist groups is the Liberian-flagged containership Pinocchio, which according to the Equasis data base is operated by Singapore headquartered SeaLead Shipping Pte. According

OSG president & CEO Sam Norton talks Saltchuk acquisition

OSG’s Sam Norton: “We’ve stuck the landing!”

”It would be appropriate to state that we have ‘stuck the landing’ with our fourth quarter performance,” said Sam Norton, president and CEO of Tampa, Fla., headquartered Overseas Shipholding Group, Inc. (NYSE:

New attack attemt by Houthis

New attack attempt underscores continuing Houthi threat

Despite the outrage expressed by shipping organizations over the lethal Houthi attack on the Barbados-flagged bulker True Confidence in which three seafarers died and others were seriously burned, the Iranian-backed terrorist group

Biden to issue oil and natural gas leasing ban

White House: U.S. military to build port on Gaza coast

In a White House background briefing this morning on the delivery of humanitarian aid for Gaza, senior officials said that, in his State of the Union speech this evening, President Joe Biden

BIMCO sees tanker newbuild contracting soaring

BIMCO: Crude tanker newbuild contracting jumps 490%

We’re supposed to be weaning ourselves off oil, right? So why has tanker newbuild contracting been soaring? BIMCO shipping analyst Filipe Gouveia has some answers. “In the first two months of 2024,

The marine insurance industry continues to navigate uncertain waters in 2025.

At least three seafarers dead in Houthi attack on bulker True Confidence

At least three seafarers have been killed in a Houthi missile attack on the 2011-built Barbados-flagged bulker True Confidence and others have reportedly suffered serious burns. These are the first seafarer fatalities

Sergei Kotov

VIDEO: Ukraine takes out Black Sea fleet ship Sergei Kotov

In another bad week for Russia’s Black Sea Fleet, the International Criminal Court has issued an arrest warrant for its former commander — and video has appeared on YouTube showing the sinking

GAO report looks at MARAD sfinancial assistance programs.

GAO: USCG needs to act further on sexual assault and harassment

A new report from the Government Accountability Office (GAO) finds that while the U.S. Coast Guard has taken actions to address sexual assault and harassment (SASH) it has not developed a plan

Bearing logo

Bearing brings maritime AI to bear on EU ETS compliance

Palo Alto, Calif., headquartered maritime AI (artificial intelligence) solutions provider Bearing AI has launched an update to its Fleet Deployment Optimizer (FDO) solution that is designed to help shipping companies manage their

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