Police authorities have seized more than 2.6 tonnes of cocaine, with an estimated street value of €500 million ($570 million), in the Atlantic Ocean off the coast of Portugal, Italy's border and customs police said on Monday.The drug was found…

Yemen's Houthi Movement aims to replicate Iran's Hormuz Strait strategy in the Red Sea by disrupting shipping in the Bab el-Mandeb and has been emboldened by an insufficient international response, Yemen's top diplomat said on Monday."The Houthis want to copy the Iranian model and this will shut dow

HD Hyundai Samho has delivered its first-ever very large ammonia carrier (VLAC), the 93,000-cubic-meter Jane Maersk, to Danish shipping company Maersk.The vessel is the first of five ordered in November 2023 and is capable of transporting both liquefied ammonia and LPG.

Exiger, a supply chain AI company and largest provider of supply chain risk technology to the U.S. Government, has announced that retired U.S. Navy Captain (Supply Corps) Mark Harris has joined as a Strategic Advisor.He brings over 30 years of logistics…

Demand for high-capability offshore support vessels for floating offshore wind is expected to strengthen in the late 2020s, with availability constraints emerging in some segments as early as 2029, according to a new report from ABS.Produced by ABS in collaboration with Intelatus Global Partners…