Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive said, adding that could see freight prices "come crashing
Trump re-designates the Houthis as a Foreign Terrorist Organization.
President Donald J. Trump has signed an Executive Order re-designating Ansar Allah (the Houthis) as a Foreign Terrorist Organization. The Executive Order sets in motion a process by which the group known
Dearth of Tanker Vessels Sets Russian Oil Freight Rates Soaring
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions cut availability of tankers, three
$5B India Submarine Deal Clears Hurdle
German shipbuilder ThyssenKrupp and its Indian partner have cleared field trials for building six advanced conventional submarines for the Indian Navy, according to an exchange filing, emerging as the sole contender for
MARIN confirms high propulsion efficiency of Schottel SRP-D
Schottel reports that, at the request of the Damen Group, the Maritime Research Institute Netherlands (MARIN) has carried out extensive research to demonstrate the added value of the Schottel RudderPropeller Dynamic (SRP-D)
Saab to demonstrate new naval autonomous systems capability at WEST 2025
In a demonstration of its naval autonomous systems, Saab’s recently formed technology accelerator Skapa by Saab will showcase the interoperability of the company’s Autonomous Ocean Core control system at a demonstration during
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