The Uruguayan government recently confirmed that the Spanish shipyard Cardama has agreed to cancel the construction contract for two offshore patrol vessels (OPVs) and has not appealed this administrative decision.“The shipyard’s failure to appeal the Uruguayan government’s administrative decisio

Faced with sharp increases in fuel prices, the traditional voyage charter model is under pressure.BHP recently broke with convention by chartering the “Maran Vision” on a time charter basis to transport iron ore from Western Australia to China.Industry insiders describe the daily charter rate as “

In the early hours of March 26 local time, the Turkish oil tanker “ALTURA” was reportedly attacked by a drone in the Black Sea, approximately 15 miles from the Bosphorus Strait.The vessel was en route to Turkey from Russia with a cargo of approximately 140,000 metric tons of crude oil.The attack t

In the early hours of March 20, the cargo ship “Aquarius” encountered a sudden severe storm in waters near the Spanish island of Lanzarote.The cargo stacked on the deck shifted violently, causing 12 containers to break free from their fastenings and fall into the sea, while several others tilted a

At approximately 5:00 p.m. local time on March 18, 2026, a freight train derailed in Mecca, California.The incident occurred near the intersection of Park Side Avenue and Highway 111. According to a statement from the Riverside County Fire Department, “More than a dozen freight cars belonging to Un