New Fortress Energy has sold two former Seadrill cylindrical semisubs for demolition, ending a four-year effort to repurpose the pair as floating LNG liquefaction facilities. VesselsValue’s latest…
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Yemen's Houthis seized control of the strategic Red Sea port city of Mokha on Thursday, a Yemeni military source told AFP, as the Iran-backed group reported fresh strikes by Saudi forces. The…
Iran and its proxies move closer to full control of two shipping chokepoints as regional conflict widens Yemen’s Houthi rebels are making a concerted drive to take full control of the country’s Red…
For most of the past, the Suez Canal and the Strait of Hormuz have been analyzed as separate problems: one an Egyptian revenue engine sensitive to Red Sea security, the other a Gulf oil chokepoint…
India’s Cochin Shipyard has approved a 50:50 joint venture with DP World’s Drydocks World that will take over its International Ship Repair Facility (ISRF) in Kochi, giving the Dubai-based repair…
Maersk has announced new emergency cost measures affecting shipments to the United Arab Emirates (UAE) and inland transportation across the Benelux region. The carrier will introduce a US$500 per…
The US-Iran conflict has descended into an increasingly literal tanker war, with this week registering the largest wave of attacks on shipping since hostilities began on February 28. US forces…
The Morning Manifest
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