Deep Sea Specialist Team Joins Search for Capsized Ferry Offshore Cyprus

A specialist team from Turkey equipped to search deep waters started work on Tuesday to pinpoint the wreckage of a ferry thatcapsized off northern Cyprus on Sunday, with 20 people still missing.At least eight people

PIRIOU Delivers Third Wind-Powered Cargo Ship to NEWTOWT

Earlier this summer, PIRIOU delivered the Atlantis to NEWTOWT, a new French shipping company formed after the takeover of TOWT. As the third sailing cargo vessel in the fleet and the first

MacGregor Opens Service Engineer Hub in Trieste, Italy

MacGregor is opening a new service engineer hub in Trieste, Italy on September 1, 2026. The new site enhances MacGregor’s global service network by adding another central location to serve our customers’

Orca AI Defense Opens First US Office at Virginia Beach International Incubator

Virginia Beach Economic Development (VBED) announced that Orca AI Defense, the U.S. subsidiary of global maritime technology company Orca AI, has established its first U.S. office as a new tenant of the

Inmarsat Maritime Launches Maritime Safety Data Hub

Inmarsat Maritime, a Viasat company, has launched a new Maritime Safety Data Hub, providing the maritime industry with unique insights as well as direct access to the comprehensive analysis of risks shaping

NYK and Stolt-Nielsen Establish Joint Ownership of Avenir LNG

Following receipt of the relevant regulatory clearances, NYK has completed the acquisition of a 50% stake in Avenir LNG Limited. The stake was acquired from Stolt-Nielsen Gas Ltd., a wholly owned subsidiary

Iran Creates Oil Bonanza for the Americas

From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security

Trump's Deal with Venezuela Raises Red Flags for Some

An unprecedented deal for the U.S. to gain access to a fifth of Venezuela's oil reserves - and the central role a Venezuelan businessman will play - is prompting questions and hesitation

Tanker Struck by Three Projectiles

A tanker has reported being struck by three projectiles while sailing out of the Strait of Hormuz, 17 nautical miles east of Oman's Khasab, the United Kingdom Maritime Trade Operations agency (UKMTO)