Traders are deploying smaller, costlier vessels to ship displaced Russian oil from European ports to China, in a rare move as Western sanctions on Moscow force them to use unconventional methods to transport the product.About 5 million barrels…

The Biden administration on Wednesday identified new areas for potential offshore wind development off the coasts of Oregon and several central Atlantic states, its latest step toward bolstering the nascent U.S. industry.Offshore wind is a key…

All American Marine (AAM) won a contract to build a research and hydrographic survey vessel for Geodynamics, an NV5 company. R/V Shackleford is a 73 x 26.7-ft. semi-displacement aluminum catamaran hull that was developed by Nic de Waal of Teknicraft Design in Auckland, New Zealand.

The Baltic Exchange's main sea freight index extended gains to a sixth day, hitting a near one-month high on Wednesday, supported by strong rates in the capesize segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 21 points, or 0.9%, at 2,425