News

Enbridge Misses Q3 Profit Estimates on Higher Capital Costs

Enbridge missed third-quarter profit estimates on Friday, pressured by higher financing costs from capital investments including U.S. gas utility acquisitions, sending…

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Coast Guard’s Historic Cocaine Seizures Overshadowed By Deadly U.S. Airstrikes

The U.S. Coast Guard has announced a record-breaking 510,000 pounds of cocaine seized during fiscal year 2025, marking the largest…

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Carrier USS George W. Bush Assists Long-Range Rescue off Cape Hatteras

 On Thursday, a U.S. Navy aircraft carrier provided an assist in a long-range rescue mission off the coast of Cape…

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AET expands dual-fuel fleet with suezmax pair at Samsung Heavy

AET has placed an order at Samsung Heavy Industries (SHI) for two LNG dual-fuel suezmax tankers, further expanding its fleet…

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China’s Third Aircraft Carrier, the Fujian, Enters Service

China has commissioned its first indigenously designed aircraft carrier after months of sea trials, and named it the Fujian, after…

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China Commissions its Third and Most Advanced Aircraft Carrier

 China’s newest and most sophisticated aircraft carrier, the Fujian, has been formally commissioned into service after a series of final…

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Emboldened Somali pirates spark fear in the Indian Ocean

The threat of Somali piracy is re-emerging in the Indian Ocean, with recent incidents highlighting the increasing sophistication and reach…

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Wärtsilä, Sinocrew Launch Advanced Maritime Training Centre in China

Finnish technology group Wärtsilä and Sinocrew Maritime Services have inaugurated an advanced maritime simulation and training centre in Beihai, China,…

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Trump Plans One-Year Pause on Port Crane Duties, China Ship Fees

The US is pushing forward on President Donald Trump’s pledge to pause a series of penalties aimed at China’s shipbuilding…

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India Has "Largely Stopped" Buying Russian Oil, Trump Says

 India’s refiners have “largely stopped” buying oil from Russia after U.S. pressure, U.S. President Donald Trump said Thursday – a…

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