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A massive cargo ship just crossed the Atlantic with rigid wing-sails doing most of the work — slashing fuel burn 40% and pointing the way past bunker-oil engines
In late 2023, the bulk carrier Pyxis Ocean left port with two 37.5-meter rigid wing-sails bolted to her deck and headed ...
An oil tanker named Olympic Life reported an explosion off the coast of Oman on Tuesday, according to the Joint Maritime Information Center. The explosion occurred on the vessel’s port side, towards ...
The outsized profits on offer for getting cargo out are drawing wide-ranging interest — from established players in the oil ...
Navios Maritime Partners (NMM) offers diversified shipping exposure and a $4.1B backlog with strong revenue visibility. See ...
A large flotilla of vessels belonging to Kuwait Oil Tanker Co has been assembling in the crowded waters off the Omani port of Sohar in the Arabian Sea. Vessel tracking data shows six of the company’s ...
Global oil demand is structurally declining, with the IEA projecting a 2026 demand contraction versus 2025. Learn why smaller ...
DUBAI – Iran's Revolutionary Guard navy on Saturday warned that any attack on Iranian oil tankers or commercial vessels would be met with a “heavy assault” on one of the U.S. bases in the region and ...
DUBAI, United Arab Emirates (AP) — Iran's Revolutionary Guard navy on Saturday warned that any attack on Iranian oil tankers or commercial vessels would be met with a “heavy assault” on one of the U.S ...
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