News
Australia To Invest $8 Billion In Nuclear Submarine Shipyard
SYDNEY, Sept 13 (Reuters) – Australia said on Saturday it would spend A$12 billion ($8 billion) to establish defense facilities in Wester...
UK Blacklists 70 Russian Shadow Fleet Ships in Sweeping Sanctions Push
The United Kingdom has delivered its latest significant blow against Russia’s shadow fleet, sanctioning 70 additional vessels involved in...
Maritime's Green Transition Reaches Tipping Point as Fleet Readiness Outpaces Fuel Supply
The maritime industry is entering a critical new phase in its energy transition, with fleet readiness for alternative fuels surging ahead...
Salvage Efforts Underway After Container Spill at Port of Long Beach
Salvage operations have begun to clear a channel for safe vessel transit to and from Pier G at the Port of Long Beach following Tuesday m...
Berthed Containership Loses 67 Boxes Overboard at Port of Long Beach
U.S. Coast Guard units and local emergency responders have established a safety zone at Pier G in the Port of Long Beach following a sign...
DP World Secures Montreal Expansion With 40-Year Terminal Deal
The Montreal Port Authority (MPA) and DP World in Canada have formalized their partnership with a Joint Development Agreement for the des...
Microsoft Says Azure Service Fine After Red Sea Cables Cut
Sep 6, 2025 (Bloomberg) –Microsoft Corp. said Saturday it’s no longer detecting issues with its Azure cloud platform after multiple inter...
Second Known Tanker Carrying Sanctioned Russian Arctic LNG Berths In China
BEIJING/HONG KONG, Sept 6 (Reuters) – Another tanker carrying liquefied natural gas from Russia’s sanctioned Arctic LNG 2 project has doc...
Container Shipping Profits Plummet to $4.4 Billion in Q2 as US Tariffs Threaten Further Declines
The container shipping industry posted a net income of $4.4 billion for the second quarter of 2025, marking a significant 56% sequential ...