Estonian authorities released the Russia-bound Baltic Spirit early Wednesday after finding no drugs despite a helicopter-borne SWAT operation. The failed interdiction highlights resource constraints facing… Weiterlesen »Estonia Clears Russia-Bound Ship After Drug Raid

A.P. Moller-Maersk A/S plans to cut jobs and focus on cost discipline this year as the container giant seeks to insulate its earnings against deteriorating… Weiterlesen »Maersk Cuts Jobs, Sees Drop in Earnings as Red Sea Reopens

The captain of a container ship that crashed into a U.S. tanker off Britain’s east coast last year was jailed for six years on Thursday… Weiterlesen »Russian Captain Jailed Over Crew Member’s Death in U.S. Tanker Crash

Fifteen migrants died when their overloaded boat collided with a Greek Coast Guard vessel off Chios Tuesday evening. The boat was carrying at least 39… Weiterlesen »15 Migrants Killed In Collision With Greek Coast Guard Patrol

The Bureau of Ocean Energy Management (BOEM) plans to auction roughly 80.4 million acres of federal waters in the Gulf of America next month, advancing the Trump… Weiterlesen »Trump Administration Sets March Date for 80-Million-Acre ‘Big Beautiful’ Gulf Lease Sale

Hong Kong’s CK Hutchison said on Wednesday its Panama Ports Company unit has started international arbitration proceedings against Panama after the country’s top court annulled its licenses to operate two… Weiterlesen »CK Hutchison Takes Panama to Arbitration as Canal Port Fight Drags On

India launches state-backed Bharat Container Shipping Line joint venture to challenge foreign carriers’ dominance and cut the country’s $70-75 billion annual foreign shipping bill.

Iranian Revolutionary Guard forces confronted the US-flagged tanker Stena Imperative in the Strait of Hormuz, prompting a US Navy escort response and highlighting escalating maritime… Weiterlesen »Stena Imperative Incident Underscores Rising Security Risk in the Strait of Hormuz

By Michael Kei, ABS Vice President, Technology Interest in carbon capture and storage (CCS) is accelerating as industries adapt to evolving regulatory expectations, customer requirements,… Weiterlesen »Floating the Carbon Solution: The Role of Offshore CO2 Injection and Storage Facilities

Equinor expects 10-20% production decline at Johan Sverdrup, Europe’s largest oil field growth source. The decline signals broader challenges for global oil supply amid aging… Weiterlesen »Equinor Sees Johan Sverdrup Oil Production Declining Over 10% in 2026