Australian Navy: Torpedo Firings on the Mark
The Royal Australian Navy has tested its primary anti-submarine warfare weapon during Exercise OCEAN EXPLORER off the coast…
Pair of Catamaran Ferries Delivered to Nigeria
Two newly built 20m catamaran passenger ferries have recently been delivered to Nigeria. The vessels, Confidence 1 and Confidence 2…
$400 bln of unassessed climate risk in shipping
Today, Carbon War Room (CWR) and UMAS released research that suggests climate transition pathways pose risks to the banks…
Carl Vinson Strike Group Arrives in the Republic of Korea
Aircraft carrier USS Carl Vinson (CVN 70), embarked Carrier Air Wing (CVW) 2 and Arleigh Burke-class guided-missile destroyer USS Wayne E.
Arctic Ice Sets New Record Low for Winter
The extent of sea ice in the Arctic Ocean has set a new record low for the wintertime in a region strongly affected by long…
Baltic Index Inches Up on Firmer Panamax Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Thursday as panamax rates increased.
Svitzer Orders Escort Tug from Sanmar
Svitzer has signed a contract with Sanmar to purchase a newbuild 80 tbp ASD escort tug for Southampton, U.K., strengthening…
China Says Hopes New Japanese Carrier Doesn't Mark Return to Militarism
China said on Thursday that it hoped the entry into service of Japan's second big helicopter carrier, the Kaga, did not mean a return to the country's past militaristic history.
OP/Ed: Obama’s Arctic Decision Undercut His Own Legacy
On December 20, 2016, in an 11th hour unilateral action designed to cement his environmental legacy, President Obama withdrew 3.
Somali Pirates Release Hijacked Ship, Crew without Ransom
Somali pirates released a hijacked oil tanker and its eight Sri Lankan crew on Thursday, a Somali security official and the pirates said
Skilled Workers Needed to Build Trump's Navy Vision
U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy.
Ezra Holdings Files for Bankruptcy in US
Oilfield services firm Ezra Holdings of Singapore filed for U.S. Chapter 11 bankruptcy at the weekend, blaming a prolonged slump in the energy