The maritime industry is vulnerable to cyber threats. Ships and surrounding infrastructure are becoming increasingly connected and digitaliszd, which is providing more opportunities for cyber attacks. According to maritime expert …
The Automated Identification System (AIS) has served the maritime industry for more than 20 years, and it has revolutionized the way that mariners, regulators and industry stakeholders do business. AIS …
UN officials reported the latest hurdle in their plan to remove the oil stored on a decaying tanker off the coast of Yemen is finding and affording a tanker to …
Taking stock of developments in the maritime industry in 2022, one must be content: Every segment experienced a performance ranging from good to outstanding. From offshore to cruise ships and …
By Alex Longley and Sharon Cho (Bloomberg) — Earnings for giant supertankers carrying crude are slumping as OPEC+ production cuts and reduced releases from US reserves curb seaborne volumes. Ships …
By Jonathan Saul LONDON, Dec 8 (Reuters) – Turkey’s maritime authority said on Thursday it would continue to block the passage of oil tankers that don’t carry appropriate insurance letters, adding that insurance checks …
By Alex Longley and Sherry Su (Bloomberg) — The snarl-up that’s delayed millions of barrels of oil near Turkey’s key shipping straits is already spiraling into an enormous and contentious bill for the …
After two years of record results driven by a surge in volumes, capacity constraints, and port delays, the container shipping industry is starting to show the first signs of weakening. …
Turkey’s state-owned petroleum company has reportedly reached an agreement with DSME to buy a 2015-vintage drillship which was never delivered. According to Turkish news outlet Yeni Safak, Turkish oil and …
A new partnership of 18 leading companies in shipping and consumer goods is working with the GoodShipping initiative to substantially reduce emissions from the cargoes they ship. The cargo owners …
Oilfield services provider Baker Hughes and oil major Shell have joined forces to speed up the energy transition and reach net-zero carbon emission goals, in a push to decarbonise the …
Iranian naval forces are reporting for the second time in less than a month that they have successfully prevented a suspected pirate attack on one of Iran’s oil tankers in …
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