Carbon Capture, Utilization, and Storage (CCUS) is the latest decarbonization technology to be evaluated by ABS as part of its industry-leading series of sustainability guidance. The […]
Mitsui O.S.K. Lines, Ltd. (MOL) announced that its group company Phoenix Tankers Pte. Ltd. signed a deal with Namura Shipbuilding Co., Ltd. for the construction of […]
Nakilat, a global leader in energy transportation, Classification Society DNV, and a group of leading yards and system suppliers have teamed up on a joint development […]
Bureau Veritas (BV), a world leader in testing, inspection, and certification (TIC), and service provider MaDfly – Marine Drone Services – have successfully completed the first […]
On September 8, 2019, a South Korean automobile carrier ship named Golden Ray capsized shortly after leaving Port of Brunswick. Though demolition works have been carried […]
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has been working in cooperation with Kawasaki Kisen Kaisha, Ltd. (“K” Line) and Nippon […]
July saw the container shipping industry enter uncharted water, as long-term contracted rates surged by their largest ever monthly increase, climbing by close to one third. […]
Integrated ABB power and propulsion package win from Colombo Dockyard brings milestone Azipod® installation for advanced cable-laying and repair vessel that will support offshore wind farms. […]
The container ship that disrupted global trade by blocking the Suez Canal earlier this year has finally reached the UK four months after schedule. The Ever […]
The Port of Long Beach has been awarded a $52.3 million grant from the U.S. Department of Transportation’s Maritime Administration to help fund development of the […]
The owner of a passenger vessel which had numerous safety issues, who ignored a prohibition notice and continued to operate, was convicted in Gosford Local Court […]
The insurers of Singapore-registered MV X-Press Pearl ship have agreed to pay an additional $2.5 million in a few days as compensation for the massive ecological […]
Fred. Olsen Cruise Lines is prepared to recreate its record transit of the Corinth Canal in 2023 around May. In 2019, the line’s vessel named Braemar […]
A 43-year-old employee appointed by a private contractor to work at Chennai Port lost his life of suffocation when he had been spraying pesticides in storerooms […]
On December 10th, NYK Shipmanagement Pte. Ltd.* appointed Indonesia seafarer Tabah Supriyanto as the first Indonesian chief engineer of an NYK LNG carrier. Chief engineer Tabah […]
Drewry Maritime Financial Research (DMFR), the investment research arm of global shipping consultancy Drewry, remains bullish about continued high stock prices and rising profitability in the […]
Fincantieri has delivered in Søviknes (Norway) “Viking Octantis”, the first of two expedition vessels for Viking. “Viking Octantis”, as well as her sister ship “Viking Polaris”, […]
Leading renewable energy specialist, Bureau Veritas, has welcomed the Government’s plans to invest in the UK’s tidal energy industry, suggesting that tidal stream electricity has the […]