22 Jan 2024

UK MoD to Upgrade Defence Missile System Used in Red Sea

In a statement made by the MoD a missile system will be upgraded to feature a new warhead & software enabling it to counter ballistic missile threads.

UK MoD to Upgrade Defence Missile System Used in Red Sea
19 Jan 2024

Van Oord Takes Charge of Pivotal FSRU Jetty Construction in DE

Van Oord secures contract from FSRU Wilhelmshaven, a venture between ENGIE and TES for construction of FSRU jetty in Wilhelmshaven, Germany.

Van Oord Takes Charge of Pivotal FSRU Jetty Construction in DE
16 Jan 2024

Germany Will Participate in EU Red Sea Naval Mission

Due to continued attacks on vessels by Iran-backed Houthi militia off the Yemen coast, the most important global shipping lane has been paralyzed

Germany Will Participate in EU Red Sea Naval Mission
2 Jan 2024

Italian Liner Company Moves Forward with Liquidation Filing

Kalypso Compagnia di Navigazione, a liner company based in Genoa, has officially initiated the liquidation process.

Italian Liner Company Moves Forward with Liquidation Filing
31 Dec 2023

Wheat Futures Rose After Mine Incident in Ukraine

Wheat futures rose due to incident in Black Sea where a vessel preparing to load grain from Ukraine struck a mine, increasing fears of turbulence

Wheat Futures Rose After Mine Incident in Ukraine
27 Dec 2023

Final Investment Decision for Largest Offshore Wind Farm

Ørsted announced its Final Investment Decision (FID) on Hornsea 3, the largest single offshore windfarm globally.

Final Investment Decision for Largest Offshore Wind Farm
23 Dec 2023

Greek Shipping Advised to Avoid Red Sea Following Attacks

Commercial vessels currently voyaging the Red Sea and the Gulf of Aden have been advised by Greece to avoid Yemeni waters following attacks.

Greek Shipping Advised to Avoid Red Sea Following Attacks
21 Dec 2023

European Union Introduces Revised Sanctions on Oil Price Cap

The EU has recently announced its twelfth round of sanctions aimed at Russia, significantly focusing on the regulation of tanker transactions.

European Union Introduces Revised Sanctions on Oil Price Cap
18 Dec 2023

Bulgaria, Romania, Turkey to Remove Mines from Black Sea

Over the nearly 2-year duration of the war, the detection of mines in the Black Sea has been a problem in the conflict between Ukraine & Russia

Bulgaria, Romania, Turkey to Remove Mines from Black Sea
14 Dec 2023

Hydrotug 1 is the World’s First Hydrogen-Powered Tug

The world’s first hydrogen-powered tugboat successfully launched by Belgian shipping and cleantech group, CMB.TECH & the Port of Antwerp-Bruges.

Hydrotug 1 is the World’s First Hydrogen-Powered Tug
13 Dec 2023

Havfram Achieves a Deal for German Offshore Wind

Havfram Wind seals contract for work on wind turbine transport and installation on RWE’s 1.6GW offshore wind farm found in the German North Sea.

Havfram Achieves a Deal for German Offshore Wind
11 Aug 2022

Now Direct Rail Cargo Between Rijeka & the Czech Republic

Adriatic Gate Container Terminal said first direct freight, container, and train connection from Rijeka to Czech Republic is now launched.

Now Direct Rail Cargo Between Rijeka & the Czech Republic
9 Aug 2022

Turkey Dispatches New Drill Vessel to the Mediterranean

Tuesday saw the inauguration of Turkey's newest drilling vessel, that President Recep Tayyip Erdogan stated will be transported to Cyprus.

Turkey Dispatches New Drill Vessel to the Mediterranean
8 Aug 2022

Prax Group Acquires New 68 Meter Tanker

The Prax Group of Companies company, Harvest Energy Marine, has announced the acquisition of the Fortuna II, a brand-new tanker.

Prax Group Acquires New 68 Meter Tanker
7 Aug 2022

Four More Cargo Ships to Depart Ukraine

Turkish & Ukrainian officials say four ships carrying Ukrainian food left Ukrainian Black Marine ports as part of agreement to open sea exports.

Four More Cargo Ships to Depart Ukraine