The Congressional Research Service (CRS) on Dec. 19 released an updated report “Navy Constellation (FFG-62) Class Frigate Program: Background and Issues for Congress.” The CRS reports provides a very detailed big picture

Offshore drilling contractor Seadrill Limited (NYSE: SDRL) reports that it has completed the sale of the jack-up rig West Prospero for cash proceeds of $45 million. “With the sale of the West

The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs, trade sources and

EUKOR Car Carriers, part of the Wallenius Wilhelmsen group, reports that has renewed its contract with Hyundai Motor Group members Hyundai Motor Car and Kia Motor Car corporations, increasing both duration and

ABS will deliver audits of the International Ship and Port Facility Security Code (ISPS Code) on behalf of the Italian flag administration from January 1, 2025, following an agreement signed at Italy’s

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, inched up on Tuesday but recorded its worst year since 2014, hurt by weaker rates