Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers. According to the latest real-time data from […]
MISC Berhad (MISC) secured an Approval in Principle (AiP) for their innovative Floating CO2 Storage Unit (FCSU) that aims to lead the way in enhancing the […]
Reducing the methane slip is a vital challenge in taking LNG-fueled ships towards zero greenhouse gas emissions. Now the Finnish marine technology supplier Wärtsilä and Swedish […]
CB&I, McDermott’s storage business, has received Approval in Principle (AiP) for its design of a liquid hydrogen (LH2) cargo containment system from DNV, a leading classification […]
Two lifeboat crew members were reportedly sent on Tuesday by the UK Coastguard to assist a 500-ton vessel that had run aground near Scotland. Kyle of […]
Rajnath Singh, the Defense Minister, held discussions with Aden Bare Duale, the Kenyan counterpart, on Tuesday, and both agreed on joint training of forces in the […]
The entry of the aircraft carrier USS Gerald R. Ford (CVN-78) into the Eastern Mediterranean marks a show of solidarity with NATO allies of America amid […]
On December 1, 2023, Minister of Transport Pablo Rodriguez announced the Green Shipping Corridor Program, marking a significant advancement in environmental sustainability for Canada. Supported by […]
The US Navy (USN) has recovered a Boeing P-8A Poseidon maritime patrol aircraft that crashed into the sea near Hawaii, paving the way for the aircraft’s […]
A float-out ceremony was held on December 1, 2023, at the Meyer Turku shipyard in Turku, Finland, to commemorate a significant milestone in building TUI Cruises’ […]
Maersk McKinney Møller Center for Zero Carbon Shipping has partnered with Denmark and the USA to finance pre-feasibility studies for green corridors in five Global South […]
According to the 2023 Annual Progress Report for Green Shipping Corridors, the number of green shipping corridor initiatives has doubled from 21 to 44 in the […]
Maersk intends to invest more than $500 million in Southeast Asia supply chain activities. According to a press release issued by the Danish shipping company on […]
An official said that Garden Reach Shipbuilders and Engineers (abbreviated the GRSE) Ltd, a defence PSU, handed over the “largest-ever” survey vessel created in the country, […]
In Mississippi’s Pascagoula, HII Ingalls Shipbuilding christened the third amphibious assault vessel belonging to the US Navy’s America class. The USS Bougainville (LHA 8) is a […]
Following lifting of US sanctions on Venezuela, Indian refiners have begun purchasing Venezuelan oil via intermediaries. Reliance is expected to meet officials from PDVSA next week […]