Container Freight Rates Could Plunge with End of Houthi Attacks

Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea, and the impact could be seismic for global ocean container shipping, warns Chief Analyst Peter Sand at Xeneta.

Concordia Damen Delivers Tanker to Gambler Shipping B.V.

Concordia Damen has announced the delivery of a CDS Tanker 135. Last week, the vessel successfully passed its trials, after having been outfitted at Concordia Damen’s shipyard in Werkendam by its long-time

Nigeria, US, UK Agencies Investigate $235m Cocaine Seizure at Tincan Port

Nigeria's anti-narcotics agency is working with its U.S. and British counterparts to investigate the origins of a $235 million cocaine shipment seized at Lagos' Tincan Port, in one of the country's largest drug hauls.The National

Russian Oil Exports Remain Stable Despite Recent Sanctions

Russia has maintained a steady pace of oil shipments from its sea ports at the start of November despite fresh U.S. sanctions imposed on the country's largest oil companies, traders said and LSEG

Oil Prices Rise Amidst Latest US Sanctions

Oil prices rose on Tuesday on the impact of the latest U.S. sanctions on Russian oil and optimism that the U.S. government shutdown could end soon, although oversupply concerns limited gains.Brent crude futures were up $1.14,

Nikkiso to Provide Cryogenic Submerged Pumps for FSRU Conversions

Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) announced it has secured a significant contract to provide 12 bespoke cryogenic submerged pumps to be installed on three LNG carriers which are being

ENFORCER Vessel to Strengthen Netherlands Coastguard Fleet

Earliest mid-2026, the Netherlands Coastguard will be strengthened with ENFORCER, a Damen FCS 5009 vessel. This vessel will be deployed to ensure the continuity of general coastguard duties in the North Sea.

FarSounder Argos 3D Sonar Integrated with Anschütz SYNAPSIS (W)ECDIS NX

FarSounder, an innovator in 3D forward looking navigation sonar technology, has announced a new integration with Anschütz GmbH’s (W)ECDIS NX navigation platforms. This collaboration brings FarSounder’s real-time underwater detection and seafloor mapping

SFL Posts Steady Q3, Invests in Fleet Optimization

SFL posts Q3 2025 revenue of $178 million and net income of $8.6 million; declares 87th consecutive quarterly dividend of $0.20 per share.Contracted charter backlog reaches $4 billion with a weighted average