The United States has tightened its grip on Iran’s oil industry, adding more tankers and individuals to its list of sanctions ...

Almost all major cruise lines have sold at least 1 ship in order to cut costs and as a result, the cruise news has been FULL of ship retirement news. Many ships have new lives with new companies but ...

An curved arrow pointing right. EDITOR'S NOTE: This video was originally published in March 2021. More from Transportation EDITOR'S NOTE: This video was originally published in March 2021. Jump to ...

The Bangladesh Shipping Corporation (BSC) has sold two of its fire-damaged ships, Banglar Jyoti and Banglar Shourabh, for Tk46 crore after generating a combined revenue of Tk1,536 crore over their ...

In 2024, 409 ocean-going vessels were scrapped with 255 dismantled in Bangladesh, India, and Pakistan making up over 80% of global tonnage. However, the number of ships dismantled in Bangladesh fell ...

Discover why Teekay Tankers' strong balance sheet offers stability amid market uncertainty, but long-term profitability may ...