A fire that broke out during the maiden voyage of the world's first liquified hydrogen (LH2) carrier gas carrier Suiso Frontier was caused by an onboard electrical issue, an Australian Transport Safety Bureau (ATSB) investigation foundThe 116-meter vessel…

Caledonian Maritime Assets Ltd (CMAL) confirmed the signing of the Bank Refund Guarantee (BRG) for two new vessels for the Little Minch routes between Uig, Lochmaddy and Tarbert (Harris).Work to build the ferries will now begin at Cemre Marin Endustri A.S shipyard in Turkey…

European Union countries agreed to set price caps on Russian refined oil products to limit Moscow's funds for its invasion of Ukraine, the Swedish presidency of the EU said on Friday.EU diplomats said the price caps are $100 per barrel on products that trade at a premium to crude…

Greek dry bulk shipowner OceanPal on Friday announced that it has appointed Robert Perri as its new chief executive officer, effective as of February 2, 2023. Perri replaces Eleftherios Papatrifon, who has served as the company’s CEO since November…