A tanker Koala, suffered an accident in the Russian port of Ust-Luga in the Leningrad region on Sunday, February 9.

A Navy spokesperson said the collision did not endanger the Nimitz-class aircraft carrier USS Harry S. Truman. The situation ...

The USS Harry S. Truman collided with a 618-foot-long cargo ship off the coast of Egypt overnight. The Navy says no one on ...

France is making all the same mistakes that many other powers currently are in assuming that they can fight tomorrow’s wars ...

Researchers have found more than a dozen airports across the country are sinking. What’s called “subsidence” can lead to delayed or canceled flights, increase wear and tear on runways ...

The AN Yang 2, a Chinese merchant ship carrying a combined 1929 tons of fuel oil, diesel fuel, engine oil and sand ran ...

America’s newest aircraft carrier is the USS Gerald R. Ford, the only non- Nimitz class ship in the fleet and the first of ...

Trends positive for Handy size ships The world inventory of dry bulk carriers consists of 4,300 ships which are more than 20,000 dwt. Handysize bulk carriers between 20,000 and 37,000 dwt account ...

Cost accounting covers variable costs, fixed costs, direct costs, indirect costs, operating costs, opportunity costs, sunk costs, and controllable costs. Cost accounting is an accounting method ...

OCEAN freight rates for bulk carriers are on a downtrend due to declining demand from China and other seasonal factors, according to Tokyo-based Mitsui O.S.K. Lines (MOL). “The current rates are ...

Swarms of weaponized unmanned surface vessels have proven formidable weapons in the Black and Red Seas. Can the US military ...