Russia’s tanker operator PAO Sovcomflot is citing the impact of the Western sanctions on the company’s results. It reported a significant drop in revenues and a loss for the first quarter of 2025 along with recording a non-cash impairment related to the fleet. The...
The deeply troubled construction project to deliver two LNG-fueled ferries for Scotland’s CalMac continued to experience problems. Shipbuilder Ferguson Marine confirmed that the delivery of the second of the ferries, Glen Rosa will yet again be delayed by up...
The latest demonstration of the uneasy standoff between India and Pakistan is playing out in the Indian port of Paradip on India’s east coast far away from Pakistan. Port officials are confirming that the port was placed on a security alert after a tanker arrived with...
Forth Ports operator of the Port of Tilbury located near London in the UK, released plans for a large expansion, which they are calling T3. It would represent a nearly 10 percent increase in the land area for the port which is reported to be the largest multi-modal...
On Thursday, a large fire broke out in the hold of a bulker in Amsterdam’s western port district, sending noxious smoke over a large area of the city and prompting an air-quality alert. Firefighting efforts continued into Friday morning. At about 1700...
The Israel Defense Force late on Friday, May 16, launched two powerful attacks on the Houthi-controlled ports of Hodeidah and Al-Salif saying that they believed the ports would be out of commission for months. The Israelis also warned of more attacks if the Houthis...
