A Russian cargo ship called Ursa Major sank in the Mediterranean Sea after an explosion ripped through its engine room and two of its crew are still missing, the Russian Foreign Ministry
Saab Inks $72M Contract to Modernize Sweden’s Anti-Ship Missiles
Saab has signed a contract with the Swedish Defence Materiel Administration for the modernization of Sweden’s coastal anti-ship missile capability.The contract includes Saab’s RBS15 Mk3 anti-ship missile integrated on a launcher module
Baltic Index Ticks Up as Large Bulkers Post Gains
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Monday, as rates increased across larger vessel segments.The index, which factors in rates
Russian LNG production slightly down in November
Rosstat’s data show that the country’s LNG terminals produced about 3 million mt in November, down 0.4 percent compared to November 2023. November LNG production also decreased compared to
Maine Maritime Cadets win Crowley Scholarships
Cadets Anna LaDue and Odegaard Fields from Maine Maritime Academy have been awarded the Thomas B. Crowley Sr. Memorial Scholarship. These students were selected based on their performance during the cadet training
U.S. Military Mistakenly Opens Fires & Hits One Of Its Own Aircraft Over Red Sea
The U.S. military reported that it shot down one of its fighter aircraft flying over the Red Sea, by mistake. The incident occurred on Sunday and the pilots of both airplanes had to eject.
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- Happy Festive Season
- Sing Fuels Daily Report – 24 December 2024
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