Commodity Report: Meeting Oil Demand a Challenge if Israel Hits Iran Oil

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.After Israel attacked Iran and Tehran pledged to retaliate, oil prices

ABS' Wiernicki Honored with Silver Bell Award

ABS Chairman and CEO Christopher J. Wiernicki was honored by The Seamen’s Church Institute (SCI), receiving the 2025 Silver Bell Award for lifelong service and outstanding leadership in the maritime industry.SCI is

Egypt Halts Fertilizer Production In Light of Israeli Gas Disruptions

Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources told Reuters.They said major Israeli gas fields had suspended operations

A 'Period of Phenomenal Upheaval' says ICS Chief Grimaldi

At the “Shaping the Future of Shipping” summit held this week in Athens, Greece, Emanuele Grimaldi, Chairman of the International Chamber of Shipping (ICS), delivered a sobering yet forward-looking address that underscored

Finnish Authorities Suspect Tanker Crew in Subsea Cable Damage

Finnish prosecutors are considering pressing charges against three senior officers of an oil tanker suspected of damaging undersea power and telecommunications cables in the Baltic Sea in December, police and the prosecutor

Kongsberg's Motion Gyro Compasses Offer Safeguard Against GNSS Disruption

At a time when GNSS (Global Navigation Satellite System) reception face growing threats from jamming and spoofing, having a navigation system that doesn’t solely rely on satellite signals has become vital for

ICS Announces New Maritime Leadership Roles

Following the conclusion of the International Chamber of Shipping (ICS) Annual General Meeting and Board Meeting in Athens, which was opened by The Honorable Vassilis Kikilias, Minister of Maritime Affairs and Insular

Xeneta: Israel-Iran Conflict Threatens Safety and Stability of Ocean Supply Chains

Peter Sand, Xeneta Chief Analyst, shared insights following the escalation of the Israel-Iran conflict.“Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation

Edda Wind Welcomes New CSOV to its Fleet

GONDAN Shipbuilders has delivered a newly built Commissioning Service Operations Vessel (CSOV) Austri Enabler to Norwegian shipowner Edda Wind.The Austri Enabler, designed by Norwegian company Salt Ship Design, is part of a new