India said on Thursday that an Indian-flagged wooden cargo vessel had sunk while sailing through Omani waters following a fire from a suspected drone or missile strike.The vessel is the second to have been sunk in the region since the Iran conflict beg…
India-Flagged Cargo Vessel Sinks Off Coast of Oman After Suspected Attack Read More »
U.S. import prices surged in April, with the cost of fuels posting the largest increase in four years, another indication that the U.S.-backed war with Iran was boosting inflation.Import prices increased 1.9% last month after an upwardly revised 0.9% r…
US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years Read More »
Malaysia’s defence minister said on Thursday the country planned to claim compensation and was considering legal action over Norway’s decision to revoke export approvals for a naval strike missile (NSM) system intended for Malaysian combat ships.In an …
Malaysia Seeks Compensation From Scrapped Norwegian Defense Deal Read More »
The Federal Maritime Commission is seeking applications for new members for the National Shipper Advisory Committee (NSAC).NSAC is a federal advisory committee that provides information, insight, and expertise pertaining to conditions in the ocean frei…
FMC Opens Applications for New NSAC Members Read More »
ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has won a new offshore drilling assignment off the coast of Nigeria for one of its jack-up rigs.
The post ADES’ 1982-built rig scoops up multimillion-dollar drilling gig in …
ADES’ 1982-built rig scoops up multimillion-dollar drilling gig in Nigerian waters Read More »