US transport secretary and MARAD launch request for proposals to explore small modular reactors
Trump administration looks to nuclear propulsion to revitalise US maritime sector Read More »
Iranian strike was shortly before the US plan to escort commercial ships out of Middle East Gulf was put on hold
Seafarer left severely injured after CMA CGM container ship attack Read More »
Capesize rates mixed but still add to average earnings
Baltic bulker index crosses 3,000-point mark for first time since 2023 Read More »
German defence group Rheinmetall has entered the race to buy shipyard German Naval Yards Kiel with a non-binding bid, a move that would deepen its push into naval defence and pits it against rival warship maker Thyssenkrupp Marine Systems (TKMS).Rheinm…
Rheinmetall Submits Non-Binding Bid for GNYK Shipyard Read More »
U.S. Energy Secretary Chris Wright said on Thursday that Iran appears to have cut back oil production by 400,000 barrels per day and is likely to reduce it more as its storage units fill.”It looks like they’ve likely already cut back their production, …
Iran Reduces Oil Production by 400,000 bpd, Further Cut Back Expected Read More »