Seakeeper, a developer of marine motion control systems, has equipped Galveston-Texas City Pilots’ Gladding-Hearn 73 vessel with its Seakeeper 35 system, ensuring its safe and stable operations.Galveston-Texas City Pilots have been...
Damen Shipyards has delivered two Combi Freighter (CF) 5000 vessels to Squtrixo General Trading, with the third vessel CF 3850 in final stages of delivery.During the maiden voyage of the two CF 5000 vessels, Damen is monitoring...
China indicated it is willing to maintain communication with relevant parties and to jointly safeguard the security of international submarine infrastructure, its foreign ministry said.Ministry spokesperson Lin Jian made the remarks when...
WinGD won additional orders for its ammonia-fuelled X-DF-A engine design in the growing ammonia carrier market. The engines, to be built at Yuchai Marine Power Co, will be delivered for a total of seven 25,000 cu. m. and 41,000 cu. m....
“The Baltic Dry Index (BDI) has recovered since the start of November due to stronger capesize freight rates, but the index is still down 10% y/y. The capesize market has benefited from a 1% increase in shipments so far in November...
Strategic Marine, Mirai Ships, and Ragnar Energy Solutions have signed a Memorandum of Understanding (MOU) to establish a framework for exclusive newbuild collaborations, aiming to deliver vessels tailored for Japanese offshore...
American Bureau of Shipping (ABS) and the Korea Marine Equipment Research Institute (KOMERI) have signed an agreement that establishes a framework for strengthening technology research and development in the shipbuilding and marine...
Ocean services provider DeepOcean has secured a long-term subsea inspection, maintenance and repair (IMR) contract from Equinor, its largest contract on record.The eight-year contract will set a new benchmark for digitalized and...
The Netherlands plans to temporarily enlist additional personnel and equipment from private companies to strengthen security in its part of the North Sea, the Defence Ministry said on Wednesday, confirming media reports.The decision...
Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around...
SINGAPORE, Nov 15 (Reuters) – China is planning its first export quota for marine bunker that is blended with biodiesel, partly to support biofuel producers hit earlier this year by European Union anti-dumping...
By Matthew Hill Nov 15, 2024 (Bloomberg) –The tuna fishing fleet at the center of a $2 billion corruption scandal, which scuttled Mozambique’s economy and triggered court cases across three continents,...
CAIRO, Nov 17 (Reuters) – A ship passing through the Red Sea 25 nautical miles west of Al-Mukha, Yemen, reported on Sunday that a missile had splashed into the sea nearby, the United Kingdom...
By Wilfried Eckl-Dorna Nov 15, 2024 (Bloomberg) –Thyssenkrupp AG is planning an initial public offering of its naval shipbuilding unit within a year after plans to sell a majority stake to...
By Eric Martin Nov 16, 2024 (Bloomberg) –A veteran adviser to Donald Trump is proposing that the 60% tariffs that the President-elect has vowed to impose on Chinese goods also apply...
WASHINGTON, Nov 16 (Reuters) – President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the...
By Shruti Srivastava Oct 15, 2024 (Bloomberg) —India is finalizing plans to offer almost $2 billion in incentives to replace fossil-fuel powered passenger vessels on inland waterways, like barges and ferries,...
China has made a $1.3 billion bet that a new port in Peru will boost access to South America’s agricultural bounty. Cashing in on the investment may be harder than expected. China’s President Xi Jinping and Peruvian President Dina...
A groundbreaking new report from the United Nations Institute for Disarmament Research (UNIDIR) is raising the alarm over a fragmented and insufficient approach to global maritime security, calling for urgent...
Nov 15 (Reuters) – Russia’s leading tanker group Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance, as it reported falling revenues and core earnings. The United...
In a thought-provoking LinkedIn post, Sam Norton, CEO of Overseas Shipholding Group, has outlined a compelling proposal to bolster the U.S. maritime industry, specifically focusing on expanding the nation’s tanker...