Bitcoin Short-Term Holder Shakeout Could Accelerate Recovery Above Key Level

SC Ports Sees Dip in Imports, State Economic Development Remains Strong

South Carolina Ports recorded 206,859 TEUs at its marine terminals in October, a 1% year-over-year dip, as fiscal year volumes remain above plan. October marked the Port's strongest month for loaded exports

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FMC Collects $1,350,000 in Penalty Payments

The Federal Maritime Commission (FMC or Commission) investigates and negotiates settlements and informal compromises of civil penalties in relation to potential violations of the Shipping Act and Commission regulations. Recently, the Commission…

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Lukoil to Sell International Assets

Russia's Lukoil is selling its international assets after the U.S. imposed sanctions on the company.Washington refused to approve the sale of assets to Swiss commodity trader Gunvor, throwing Lukoil's operations in disarray

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Novorossiysk Falls Behind Schedule on Loadings Due to Jetty Damage

Crude loadings at Russia's Novorossiysk port are about two to three days behind schedule as damage caused by a November 14 Ukrainian attack has limited the capacity of a key jetty at

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Coastal Transportation Selects Inmarsat Maritime Fleetwide for Advanced Connectivity

Inmarsat Maritime, a Viasat company, has signed an agreement to deliver NexusWave for Coastal Transportation as the family-owned shipping company seeks a reliable and cyber-secure connectivity solution for its fleet of refrigerated

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From SEAL Team Six to Silicon Valley, Inside Saronic's Shipbuilding Mission

In a shipbuilding industry defined by tradition, one new entrant is seeking to rewrite the rules of how naval vessels are designed, built and delivered. Saronic Technologies, founded just three years ago,

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Bunker Suite Completes First Trial

Bunker Suite reports the successful completion of the first Electronic Bunker Delivery Note (E-BDN) trial onboard the Lady Clara in mid-October in Rotterdam.Developed entirely by Bunker Suite, the E-BDN platform replaces traditional

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Lloyd’s Register, Jinan Shipyard Partner for Maritime Innovation Across the Gulf Cooperation Council Region

Lloyd’s Register (LR) has signed a Memorandum of Understanding (MOU) with Jinan Shipyard, a Qatar Free-Zone-based shipbuilding company, to collaborate on the development, classification, inspection, and certification of marine vessels including…

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Jasmund Substaiton Nears Baltic Sea Installation After Topside and Jacket Load-Out

The Jasmund offshore substation project for German grid operator 50Hertz, being delivered by HIS consortium, has reached a key milestone with the load-out of both its topside and jacket, marking a major