Russian Foreign Minister Sergei Lavrov said on Wednesday that Moscow is facing difficulties exporting grain due to sanctions against its ships."There are also problems with the export of Russian grain...

ABS has granted Approval in Principle (AIP) to the Shanghai Merchant Ship Design and Research Institute (SDARI) for its vessel design with a novel aft layout, which eliminates pollution and promotes efficient vessel operations.The SDARI design, developed in cooperation with Thordon Bearings Inc.

Day rates for vessels that move oil and refined products between U.S. ports rose after the United States banned Russian oil and product imports this year, Kinder Morgan Inc Chief Executive Steven Kean said on Wednesday.Pipeline and terminal operator Kinder Morgan…

Adm. Karl L. Schultz was relieved as Commandant of the U.S. Coast Guard by Adm. Linda L. Fagan during a military change-of-command ceremony presided over by President Joseph R. Biden Jr., Wednesday, June 1, 2022, at Coast Guard Headquarters in Washington, DC.