On Holding (ONON) Surges 21% on Earnings Blowout, Upbeat Outlook

Report: Ship Scrap Steel can Decarbonize European Steelmaking

NGO Shipbreaking Platform, in collaboration with Sandbag - Smarter Climate Policy and the University of Tuscia, publishes a report on the role of scrap steel from end-of-life ships in the decarbonization efforts

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New Alliance Launched to Tackle Ocean Plastic

Leading shipping companies are joining forces to combat ocean plastic pollution through the launch of the Maritime Association for Clean Seas (MACS): a new industry alliance driving measurable reductions in plastic and

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FMC Collects $1,350,000 in Penalty Payments

The Federal Maritime Commission (FMC or Commission) investigates and negotiates settlements and informal compromises of civil penalties in relation to potential violations of the Shipping Act and Commission regulations. Recently, the Commission…

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SC Ports Sees Dip in Imports, State Economic Development Remains Strong

South Carolina Ports recorded 206,859 TEUs at its marine terminals in October, a 1% year-over-year dip, as fiscal year volumes remain above plan. October marked the Port's strongest month for loaded exports

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Novorossiysk Falls Behind Schedule on Loadings Due to Jetty Damage

Crude loadings at Russia's Novorossiysk port are about two to three days behind schedule as damage caused by a November 14 Ukrainian attack has limited the capacity of a key jetty at

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Lukoil to Sell International Assets

Russia's Lukoil is selling its international assets after the U.S. imposed sanctions on the company.Washington refused to approve the sale of assets to Swiss commodity trader Gunvor, throwing Lukoil's operations in disarray

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From SEAL Team Six to Silicon Valley, Inside Saronic's Shipbuilding Mission

In a shipbuilding industry defined by tradition, one new entrant is seeking to rewrite the rules of how naval vessels are designed, built and delivered. Saronic Technologies, founded just three years ago,

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Coastal Transportation Selects Inmarsat Maritime Fleetwide for Advanced Connectivity

Inmarsat Maritime, a Viasat company, has signed an agreement to deliver NexusWave for Coastal Transportation as the family-owned shipping company seeks a reliable and cyber-secure connectivity solution for its fleet of refrigerated

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Lloyd’s Register, Jinan Shipyard Partner for Maritime Innovation Across the Gulf Cooperation Council Region

Lloyd’s Register (LR) has signed a Memorandum of Understanding (MOU) with Jinan Shipyard, a Qatar Free-Zone-based shipbuilding company, to collaborate on the development, classification, inspection, and certification of marine vessels including…