The cost of transporting liquefied natural gas across the Atlantic Ocean surged to the highest in almost two years, as expanding exports from North America… Weiterlesen »Atlantic LNG Freight Rates Surge to Highest Since Early 2024

The U.S. Navy commissioned USS Pierre (LCS 38), the 19th and final Independence-variant littoral combat ship, on Friday in Panama City, Florida, marking the end… Weiterlesen »Navy Commissions Final Independence-Class Littoral Combat Ship as Troubled Program Winds Down

Allseas has released findings from an independent impact study suggesting that its Small Modular Reactor (SMR) technology could transform the Netherlands’ economy while simultaneously decarbonizing… Weiterlesen »Dutch Offshore Giant Allseas Bets on Small Nuclear Reactors

Crude loadings at Russia’s Novorossiysk port are about two to three days behind schedule as damage caused by a November 14 Ukrainian attack has limited the capacity of a… Weiterlesen »Russia’s Novorossiysk Behind Schedule on Loadings Due to Jetty Damage

The U.S. Treasury said on Monday that U.S. sanctions against Russian oil majors Rosneft and Lukoil are already reducing Russian oil revenues and are likely to reduce the quantity… Weiterlesen »US Treasury Says Sanctions on Rosneft, Lukoil Cut Russia Oil Revenue

The Suez Canal Container Terminal in East Port Said has officially opened a major expansion that adds 2.2 million TEUs of annual capacity, bringing the… Weiterlesen »Egypt’s Suez Canal Container Terminal Completes $500 Million Expansion

Expanding sanctions on Chinese ports and refiners are choking flows of Russian and Iranian oil to the world’s No. 1 importer, although emerging workarounds suggest… Weiterlesen »Fear of Sanctions Stymies Russia-to-China Oil Flows for Now

Eastern Shipbuilding Group has announced the suspension of work on the U.S. Coast Guard’s two Offshore Patrol Cutters, citing unsustainable financial pressures and workforce reductions… Weiterlesen »Eastern Shipbuilding Suspends Work on Coast Guard’s Offshore Patrol Cutter Program

Teijin Aramid introduced Twaron Next®, a high-performance para-aramid engineered with a clear focus on sustainability. The new material combines strength, durability, and thermal resistance with… Weiterlesen »Teijin Aramid launches Twaron Next®: world’s most sustainable para-aramid

French shipping giant CMA CGM on Friday reported declining revenues and profitability for the third quarter of 2025, as the global container shipping industry grapples… Weiterlesen »CMA CGM Reports Mixed Q3 Results Amid Trade Tensions and Red Sea Disruptions