Milei Vows Tougher Sanctions, Defense Push Over Falklands Oil Drilling

Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country's south and send Congress a

Operating Without People at Sea Doesn’t Mean Operating Without People

Autonomy is often described as removing people from operations. That’s not quite right.It’s not a case of people ‘simply’ being replaced by machines. It’s about the move from vessel-centered operations to shore-enabled

Strait of Hormuz Stalemate Worsens As US, Iran Refuse to Back Down

A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult to withstand, three senior Iranian sources said.Washington has in recent weeks sought

Norway Seizes Russian Cruise Ship on Behalf of Ukrainian Energy Firm Naftogaz

Norwegian authorities have seized a Russian cruise ship in the Arctic on behalf of Ukrainian energy company Naftogaz, which is seeking to enforce a $4.22 billion compensation award for assets that Moscow

Nigeria Looks to Double Energy Investment Within Five Years

Nigeria could double investment into its energy sector within five years after joining the International Energy Agency, its chief Fatih Birol said on Thursday, as nations seek partners they can "trust" after

Lloyd’s Register, MARIC Secure AiP for Tri-Fuel Tanker Concept

Lloyd's Register (LR) and the Marine Design and Research Institute of China (MARIC) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate

Bureau Veritas, CMA CGM, SDARI to Explore Assisted Container Vessel Concept

Bureau Veritas Marine & Offshore (BV), CMA CGM and Shanghai Merchant Ship Design and Research Institute (SDARI) have signed a Joint Development Project (JDP) agreement during SMM to develop and assess the

Great Lakes Iron Ore Increases in August

Iron ore shipments on the Great Lakes totaled 5.1 million tons in August, a 2 percent increase compared to 2025. Shipments were 5.1 percent below the month’s 5-year average.Year-to-date, the iron ore

OceanWings RF, RT Wingsail Designs Receives ClassNK AiP

OceanWings has received an Approval in Principle (AiP) from ClassNK covering its Rigid Fixed (RF) and Rigid Tiltable (RT) wingsails. The approval was presented during an official ceremony at SMM in Hamburg