Tag: maritime executive

WinGD Delivers Biggest Methanol-Fueled Engine for Ships   Efforts to continue to build out the engine options for shipowners seeking to align with the emerging trends for alternative fuels continued with WinGD highlighting the delivery of the most powerful methanol-fueled engine for ships. It is the largest yet built for methanol and part of the…

Argentina Repeals 52-Year Ban on Live Export of Cattle for Slaughter   In a move that goes against the global trend to stop live export, Argentina announced that it is repealing a ban that has been in place since 1973. The Agriculture, Livestock and Fisheries Secretariat of the Ministry of Economy cited it as a…

Alliance Launched to Promote Smart Containers and Enhance Trade Security   In response to the growing challenges of illicit trade and supply chain security, a new industry alliance is being launched to drive the adoption of cutting-edge smart container technology. Known as the Smart Container Alliance, the group reports its goal is to unite industry…

Russian Research Vessel Sinks in Icing Conditions in Novorossiysk A Russian research vessel has gone down because of heavy icing conditions at the port of Novorossiysk, Russia, according to dissident media outlet Crimean Wind.  The small research vessel Ashamba, operated by the Shirshov Institute of Oceanology, was moored at a marina in Novorossiysk last weekend…

Designs for NYK’s Ammonia Bunker Vessel Advances As the industry prepares for the commercial introduction of the first ammonia-fueled marine engines, efforts are continuing to develop the infrastructure that will be needed to support ammonia at scale as a fuel for the maritime industry. Japan’s NYK Group (Nippon Yusen Kabushiki Kaisha) working in partnership with…

Buyers Alliance Launches Large Tender to Support E-Fuel Container Shipping The buyers’ alliance established in 2023 to spur demand for decarbonization in shipping officially opened its second, larger tender for shipping services this time requiring the use of the e-fuel. It comes as the first contract which was awarded to Hapag-Lloyd for low-emission shipper services…

French-Cypriot Team Unveils a Resident AUV System for Reef Monitoring   Researchers in France and Cyprus have debuted an autonomous drone sub system that is designed to reside on reefs and monitor environmental conditions on long timescales, without human intervention for recharging or maintenance.  The “EONIOS” project, a joint effort between French AUV builder Arkeocean,…

New Stena Bulk Joint Venture to Expand Nigerian and West African Oil Trade   A new joint venture is seeking tankers as it plans to modernize and expand the regional oil trade from Nigeria and into West Africa. Stena Bulk reports it is forming the partnership with offshore operator Caverton Marine and the Nigerian National…

Video: French Navy Carries Out Rare Shock Trial on New Frigate   The French Navy has carried out a rare “shock trial” on one of its new frigates to evaluate its resilience to near-miss explosions. It is the first time that the service has performed one of these tests in years.   Video released Tuesday…

Panama Canal to Build New Water Resource to Protect Against Future Droughts   The Panama Canal Authority is pushing forward with a key project to expand its water resources for canal operations while also emphasizing the vital trade role of its operations. The authority is taking the necessary steps to prepare for the future ignoring…

Trump Administration Sanctions 13 More Iran-Linked Tankers   The Trump administration has imposed another round of sanctions on Iranian oil exports, expanding the list of vessels and shipping companies blacklisted for ties to Iran’s energy sector.  Shortly after returning to power in January, President Donald Trump instructed the State Department to “impose maximum economic pressure…

Offshore Services Giant Proposed in $4.7B Deal to Merge Saipem and Subsea 7 Two of the leaders in the offshore sector for energy, Saipem and Subsea 7 entered into an understanding that is designed to lead to a merger of equally to create an offshore services giant. The deal valued at nearly $4.7 billion would…

Carrier USS Harry S. Truman Underway After Five Days of Emergency Repairs The U.S. Navy reported tonight, February 24, that the carrier USS Harry S. Truman has returned to sea after emergency repairs in Crete. The carrier group was underway today and conducting routine flight operations. The carrier arrived back at the Naval Support Base…

EU Says Owners “Significantly Undermining” Recycling Regs by Flag Switches A decade after the European Union first adopted its ship recycling regulation to address concerns over environmental issues, it issued a new evaluation of the regulations highlighting shortcomings. Overall, it concludes the regulation is effective, but finds shipowners continue to “flag hop” incentivized by additional…

Report: Two Attacks on Russia-Linked Tankers Were Caused by Limpet Mines   At least two recent explosions affecting tankers in the Mediterranean this year can be explained by limpet mine attacks, three security sources told Reuters this week.  Five tankers have been damaged in suspicious incidents over the last two months, and all vessels were…

White House Dismisses Navy’s First Female Leader, Plans Funding Cuts   The Trump administration has ordered the diversion of eight percent of military spending and fired two senior service leaders, Joint Chiefs of Staff chairman Gen. C.Q. Brown and Chief of Naval Operations Adm. Lisa Franchetti, the first woman to hold the post and the…

Chinese Live-Fire Drills in Tasman Sea Disrupt Commercial Air Traffic After the PLA Navy carried out two days of snap live-fire drills in the Tasman Sea, forcing the diversion of several passenger jets, China has expressed dismay at the Australian government’s displeasure.  “The relevant remarks from the Australian side are completely inconsistent with the facts,”…

Mysterious Airfield on Gulf of Aden is Now Fully Operational   The airfield on Yemen’s Abd Al Kuri in the Socotra Archipelago now appears to be fully operational. On February 16, the Sentinel 2 satellite caught a large transport aircraft on the northern end of the runway.  With the resolution available to common users, the…

Hungary Begins Construction of Sovereign Port in Northern Italy   Landlocked Hungary’s quest for access to the sea is nearing completion with the launch of construction of a new seaport in Trieste, Italy, 140 miles and two nations away from Hungary’s border. Hungarian Deputy Foreign Minister Levente Magyar attended the groundbreaking ceremony last week in…

Op-Ed: China is Getting Stronger, But Taiwan Invasion in 2025 is Unlikely   [By Joe Keary] Despite China’s rapid military improvements, it’s unlikely to use large-scale force against Taiwan in 2025. The Chinese leadership’s concerns over the quality of military command, economic weakening, uncertain social stability, and effects of the Trump administration will likely forestall…

JAXPORT Growth Includes Business Diversification & New Trade Connectivity [By: Jacksonville Port Authority] During today’s State of the Port address, Jacksonville Port Authority (JAXPORT) Chief Executive Officer Eric Green and Chief Commercial Officer Robert Peek discussed how the port’s business diversification, increased global connectivity, and ongoing terminal upgrades position the port for growth and success…

OSM Thome Welcomes New Institutional Investors [By: OSM Thome] OSM Thome is pleased to announce that institutional investors advised by J.P. Morgan Asset Management’s Global Transportation Group (“JPMGTG”) will acquire a stake in global ship management company OSM Thome, subject to regulatory approval. The investors will help support the future growth of the business. OSM…

ClassNK & OceanScore Collaboration for Data-Driven Regulatory Compliance [By: OceanScore] A collaboration agreement has been signed between classification society ClassNK and maritime data and technology firm OceanScore to link the latter’s integrated solution for ClassNK ZETA (Zero Emissions Transition Accelerator) that enables users and related stakeholders to access visualized MRV/DCS data. Shipping companies using the…

Med Marine’s Latest MED-A2500 Tug Set to Enhance SVS Maritime’s Fleet [By: Med Marine] Building on a successful collaboration, MED MARINE proudly celebrates the launch of another state-of-the-art tugboat for SVS MARITIME, a valued member of the VERNICOS SCAFI GROUP. The newly launched MED-A2500, crafted with precision at MED MARINE’s ERE?L? SHIPYARD, marks another milestone…

US-Sponsored 30-Nation Naval Exercise Concludes in Bahrain   With a closing address given in Bahrain on February 20, Vice Adm. George Wikoff, commander of US Naval Forces Central Command (NAVCENT), has brought to a close International Maritime Exercise (IMX) 2025, completing the ninth iteration of this international naval exercise since it was first was held…

Water Ingress and Hull Deformation Seen on Stranded MSC Baltic III The salvage team from T&T Marine Salvage and the Canadian Coast Guard are continuing to assess the situation and develop a plan for the stranded MSC Baltic III which was driven ashore on February 15 on Newfoundland, Canada. Teams reported that they were not…

New Challenges and Delays for U.S. Offshore Wind Projects The offshore wind energy sector has remained in flux since the inauguration of Donald Trump and his new administration which has paused the efforts of the Biden administration and seems poised to abandon future projects. This week, BP Renewables became the latest to stall one of…

Turkey and AD Ports End Negotiations for Izmir’s Alsancak Port   The planned investment by AD Ports Group in Turkey’s Alsancak Port in Izmir has fallen apart after failed negotiations. The Turkish government this week confirmed that it has ended talks with the UAE company over the operation of the port.  The negotiations have been…

Largest, High-Speed, Hydrogen Ready Multi-Fuel Ferry to be Built by Austal   A unique project to design a large, high-speed next-generation ferry is coming to fruition with news that Sweden’s Gotlandsbolaget has ordered construction of the ferry developed working with Austal. The goal was to develop a vessel for climate-neutral trips and sustainable solutions that…

First FPSO with Carbon Capture System Ready for Service off Angola Yinson Production and officials from China’s COSCO Heavy Industries joined with industry leaders to celebrate the completion and naming of the first FPSO in the world that incorporates carbon capture and other carbon-reducing technologies. The Agogo FPSO will be handed over by the end…

Cargill and Hafnia Look to Shake Up Bunker Business with New JV A newly formed joint venture between Hafnia and Cargill’s Ocean Transportation business looks to emerge as one of the largest bunker suppliers while also driving the move to decarbonization. The two companies announced today the plans to launch Seascale Energy. By combining strengths,…

Wrong Valve Caused Deadly Fire Aboard Boxship at Barbours Cut The NTSB has released its investigative report on the deadly blaze aboard the aging boxship Stride, which sustained an engine room fire at Port of Houston early last year. The fire was caused by the installation of the wrong kind of valve, which led to…

Report: HMM to Diversify Position in Korean Shipping Acquiring SK Shipping   HMM, which itself was the subject of takeover talks a year ago, is poised to consolidate the South Korean shipping industry. According to a report in Business Korea and other media outlets, HMM has been selected as the preferred bidder to acquire control…

U.S. Navy Relieves CO of Collision-Damaged Carrier   The U.S. Navy has relieved the commanding officer of the carrier USS Harry S. Truman after the collision that damaged the ship’s hull earlier this month.  On February 12, Truman was in collision with the bulker Besiktas-M off Port Said, Egypt. The hull damage – all above…

Five Unions Call on Trump to Proceed with Chinese Shipbuilding Sanctions The collation of four of America’s most powerful unions issued a letter calling on Donald Trump to finish the process started under the Biden Administration to sanction China for its efforts to dominate shipbuilding, the maritime and logistics sectors. Trump has stated his concern…

Norwegian Partners Contract for First Ammonia-Fueled Timber Carrier   A partnership of companies from Norway has ordered a pioneering short-sea cargo ship that will advance the industry’s ability to provide zero-emissions operations. The cargo ship, which will be 7,800 dwt, is designed to transport timber from Norway to Europe and will be the first to…

MSC’s First American Mega Cruise Ship Completes Sea Trials MSC Cruises is continuing its expansion into the American market preparing for the arrival of its first “World Class” cruise ship, MSC World America, which will enter service in April 2025. Currently finishing construction at Chantiers de l’Atlantique in France, the new ship recently completed its…

Master of Factory Trawler Arrested in Cork, Ireland   The captain of the German factory trawler Helen Mary has been arrested at the Port of Cork, Ireland after a law enforcement interdiction at sea.  On Sunday, a European Fisheries Control Agency (EFCA) patrol vessel spotted Helen Mary in the Irish EEZ, engaged in possible violations…

Salvage Teams Board Stranded MSC Vessel as Bad Weather Hampers Progress The Canadian Coast Guard is reporting that severe winter weather including ice, high seas, and winds, is hampering the efforts of salvage teams to complete an assessment of the conditions of the MSC Baltic III which went aground on the western shore of Newfoundland…

ICS Raises Alarm About Low-Quality, Sanctions-Busting Flag States   The ICS has issued a warning about the rising number of commercially-managed, previously-unknown flag administrations that are taking off in popularity in the sanctions-evasion market. These budget flags are among the lowest-performing options available in terms of fleet quality, but they offer the light regulatory touch and…

Photos: First U.S.-Built WTIV Completes First Trials   The first wind turbine installation vessel, Charybdis for Dominion Energy, is nearly complete reports shipbuilder Seatrium. The company’s AmFELS shipyard in Brownsville, Texas released the first photos of the vessel as it undergoes trials. “Charybdis is 96 percent completed and complies with U.S. Jones Act regulations, allowing…

CMA CGM and MSC Beat a Path to India Following in Maersk’s Footsteps India’s efforts to become a world class shipbuilder are taking additional steps forward with media reports that executives from both MSC Mediterranean Shipping Company and CMA CGM Group are holding talks with the industry. It follows the news yesterday, February 17, that…

Video: Port of Charleston Sets New Record for Largest TEU Containership SC Ports and the Port of Charleston, South Carolina set a new record on Tuesday, February 18, receiving their largest capacity containership to date. The new OOCL Iris (16,868 TEU) while a smaller vessel by dimensions, surpassed the capacity record set four years ago…

Video: U.S. Coast Guard Aircrew Rescues Man From Wave-Washed Rockface   In a dramatic rescue captured on video, a U.S. Coast Guard aircrew retrieved a man from a wave-washed rock pinnacle off the coast of Manati, Puerto Rico earlier this week.  On Monday, the 911 call center in Manati received a report that a person…

Fire Breaks Out on Tug on the Delaware River     On Tuesday morning, a fire broke out aboard a tug on the Delaware River, prompting a rapid response from the Coast Guard and from good Samaritans.  At about 0930 hours, Coast Guard Sector Delaware Bay received a Channel 16 distress call from the crew…

Grimaldi Conro Drifting in the English Channel After Fire is Extinguished Rescue teams from France, the Netherlands, and the UK cooperated to respond to a distress call this morning, February 18, from a Grimaldi vessel southbound in the English Channel. The vessel is still reporting that it is drifting while a tug and other resources are…

EU Forces Investigating Second Suspected Piracy Attack off Somalia The EUNAVFOR operation to maintain security off the Horn of Africa issued an alert for another suspected piracy incident, the second this month, involving a dhow off Somalia. EUNAVFOR Atalanta reports it was informed of the suspect incident that took place on February 17, and it…

Hong Kong Launches Ship-to-Ship LNG Bunkering Operation Officials in Hong Kong are hailing the launch of bunkering operations to fuel LNG ships. It provides another competitive tool for the port which along with other major ports in the region including Singapore and Shanghai are offering LNG bunkering operations. Kunlun Energy Co., controlled by PetroChina, reported…

Photos: Salvage Teams Seeking Options for Grounded MSC Boxship The Canadian Coast Guard reports that resources are being marshaled while teams were beginning surveys of the MSC Baltic III (53,000 dwt) after the ship was driven aground in a strong winter storm on Saturday. Efforts are coordinating with the owners of the vessel and a…

Shipping Companies and NGOs Warn of Harmful Consequences of Biofuels The battle lines are being drawn for the next round of alternative fuel debate and the steps that will contribute to the IMO’s emission reduction goals. A group of NGOs, including the well-known T & E (European Federation for Transport and Environment), joined with major…

Core Power Maps Effort for Nuclear Power Barges Leading to Commercial Ships   Core Power, a startup that is working to develop opportunities in the maritime sector using a new generation of advanced nuclear technology, outlined its vision to develop floating nuclear power plants that can be levered into nuclear-powered merchant shipping. The company will…

Ecuador’s Navy Boards Hapag Lloyd Boxship Under Way to Remove Cocaine On Saturday, Ecuador’s navy seized about 800 kilos of cocaine from a Hapag-Lloyd boxship off the coast of Manta after receiving a tip-off about possible drugs on board.  At a position about 45 nautical miles off Manta, an Armada del Ecuador boarding team met…

Maersk Plans Repairs at India’s Cochin Shipyard Supporting Government Goals   Maersk and India’s Cochin Shipyard have entered into a memorandum of understanding to explore ship repair, maintenance, and shipbuilding in India. The Danish company becomes the first major carrier to plan regular maintenance activities in India which will be in support of the government’s…

Op-Ed: Economic Coercion is On the Rise   [By David Uren] The rising use of economic coercion is a symptom of an increasingly unstable world that is struggling to contain rise of China and is no longer bound by the institutions established in the wake of World War II. US President Donald Trump’s scattergun threats…

After Collision, Carrier USS Harry S. Truman Pulls Into Souda Bay   The carrier USS Harry S. Truman has arrived in Souda Bay, Crete for emergency repairs after a collision damaged her starboard quarter on Wednesday night. The impact caused minor damage to the hull and several exterior structures, but the impact was comparatively limited. …

Why the IMO Must Tighten Rules On Shipping’s Carbon Emissions   The International shipping sector provides an outsized and growing contribution to the climate crisis. Slower, more efficient ships can help slash climate emissions, but this will not happen without ambitious regulation. Fortunately, the International Maritime Organization’s (IMO) current revision of the rules around its…

Sudanese Foreign Minister: No Obstacles for Russian Base in Port Sudan   With Russia’s footprint in the Mediterranean facing uncertainty, the deal for a naval base in Sudan has reached a new milestone. Last week, Sudanese Armed Forces (SAF) foreign minister Ali Youssef Ahmed al-Sharif was in Moscow, where he met his Russian counterpart Sergei…

Restricted in the West, Russia Expands Trade Links in Southeast Asia   The Russian container line FESCO is further expanding its Intra-Asia service to include a new port call in Pasir Gudang, Malaysia. This becomes the second port of call for FESCO in Malaysia. FESCO entered the Malaysian shipping scene almost six months ago, with…

Powerhouse: OSM Thome   It’s been a good – no, an exceptional year – for OSM Thome, marked by significant growth, strategic achievements and new opportunities in the maritime and offshore sectors. It all began with the merger of OSM Maritime and the Thome Group a year earlier.  “The merger between OSM Maritime and the…

Updated: Photos Shows Damage to USS Harry S. Truman After Collision   Updated: Additional photos were released showing more damage to Harry S. Truman The U.S. Navy released the first official photos showing the acknowledged damage to the aircraft carrier USS Harry S. Truman. The vessel also posted a statement on social media on Saturday…

Updated: SS United States Completes First Move as Final Journey Begins   Updated: The departure timing was delayed on Saturday and the article was revised with the new plan for Tuesday, February 18.   The famous ocean liner the ss United States started her final journey today moved from the Philadelphia dock where she had sat…

Crew Rescued as MSC Containership Blacks Out in Storm and Driven Ashore   Multiple teams from Canada responded Saturday morning, February 15, after an MSC containership issued a mayday call during a strong winter storm. A helicopter from the Canadian SAR team was able to rescue the 20 crewmembers, but unconfirmed reports are that five…

Florida Institute of Oceanography and DEEP to Advance Aquatic Exploration [By: Florida Institute of Oceanography] A new public-private partnership seeks to expand human access into ocean environments by fostering deep sea exploration and developing new technologies for the state of Florida and beyond. USF’s Florida Institute of Oceanography (FIO) is partnering with DEEP, an international…

GasLog and Propulsion Analytics Collaborate for Digital Engine Management [By: Kongsberg Digital] Gaslog, an international owner, operator and manager of 35 LNG carriers and 1 FSRU, has selected Propulsion Analytics, a leading marine performance software provider, to develop a customized version of the Engine Hyper Cube® platform tailored specifically for GasLog’s fleet. The platform will…

AURELIA Partners with The Ocean Cleanup to Explore Sustainable Propulsion [By: AURELIA]   AURELIA, a leader in sustainable maritime solutions, is proud to announce its collaboration with The Ocean Cleanup to conduct a feasibility study for innovative propulsion systems. This partnership aims to explore and develop technologies that will support The Ocean Cleanup’s mission to…

Process Uses Industrial Lasers for Rust, Paint, and Coating Removal   Successful trials were conducted in December 2024 on a new system that uses industrial laser technology to remove rust, paint, and other coasts from the hull of a ship. The goal is to create a system that is more environmentally friendly and the project…

Dutch Project Advances Autonomous Operations as it Targets Large Ships   A Dutch project contributing to the development of autonomous navigation continues to make progress. By 2023 it had developed critical data and demonstrated its concepts with a Damen patrol boat, and now the vessel is being upgraded for the next round of testing in…

Golar LNG Completes Exit from LNG Shipping to Focus on FLNG Sector   Golar LNG reports it has executed agreements to see the company’s final LNG carrier, Golar Arctic making the end of of its operations in the segment. Despite strong demand in the LNG carrier segment, the company believes there are stronger opportunities in…

ONE Celebrates Naming of First Owned Newbuild as Expansion Proceeds   Ocean Network Express (ONE) formed just eight years ago today marked the next milestone in its rapid emergence as one of the major carriers. The company celebrating the naming of its newest containership ONE Sparkle (138,000 dwt) which it reports is the first owned…

Expansion Plans as Indian Cruise Market Develops   The cruise market in India is continuing to grow drawing increased attention from multiple companies. Mostly it has been a port of call for cruise ships transiting the Indian Ocean, but it has also begun to develop a domestic cruise business. Prime Minister Narendra Modi has designated…

Kongsberg Maritime Develops Offshore Construction Vessel Mooring Solution [By Kongsberg Maritime]   Kongsberg Maritime has developed an innovative mooring capable solution for Offshore Construction Vessels (OSCVs), expanding the capabilities of OSCVs beyond their current scope to include the pre-lay of mooring lines as a natural extension to original suction anchor capabilities. By integrating a purpose designed…

Georgia Now has the Largest U.S. RoRo Port as Sector Continues to Grow   The move of cars and trucks through U.S. ports continues to grow and as of 2024, Georgia’s Brunswick terminal has become the largest for handling RoRo volumes in the United States. The Georgia Port Authority has been investing in the facilities…

Former Wärtsilä CEO Jaakko Eskola Becomes Meyer Turku Chairman Meyer Turku one of the handful of shipyards in the world with the expertise to build large cruise ships announced the appointment of the former CEO of Wärtsilä Jakko Eskola to lead the shipbuilder. Eskola has more than 20 years of experience before retiring from Wärtsilä…

Video: Whale Swallows Kayaker in Strait of Magellan   Last weekend, a whale swallowed a kayaker who was out for a paddle with his father in the Strait of Magellan, briefly engulfing him and dragging him underwater before letting him go.  Chilean national Adrián Simancas was on an excursion Saturday near the San Isidro lighthouse,…

HD Korea Shipbuilding Advances Designs for Large Nuclear-Powered Boxship HD Hyundai’s HD Korea Shipbuilding & Offshore Engineering (KSOE) is advancing its efforts towards a large, nuclear-powered containership. The shipbuilding has been working on its project as one of several that believe the new generation of small nuclear reactors will be the solution to maritime decarbonization.…

CMA CGM Boxship Hit Beacon Due to Lack of Crew Understanding and Procedures   Lack of proficiency in the steering gear operation and change of control modes due to ambiguous procedures caused a containership to strike a navigation beacon while departing the Port of Melbourne in May 2023. The Australian Transport Safety Bureau (ATSB) released…

Annual Resupply Mission for U.S. Antarctic McMurdo Station Underway The Military Sealift Command is reporting the first of two vessels has completed its deliveries to McMurdo Station, on the southern tip of Ross Island in Antarctica. The U.S. has maintained a base on the site since 1956 and each year MSC-charters cargo ships and a…

ALMACO Group Completes Refurbishment on Aroya Cruise Ship [By: ALMACO Group] ALMACO Group is proud to announce the successful completion of a comprehensive refurbishment project on the cruise vessel Aroya, owned by AROYA Cruises. The vessel, which underwent extensive renovations while in Bremerhaven and Rotterdam for several months, reached its home port in Jeddah at…

DESMI Acquires Nordan Marine – A Strategic Step Forward [By DESMI] DESMI, a global leader in pump and flow solutions across the marine, defense, aquaculture and industry sector, is proud to announce the acquisition of Nordan Marine.  Nordan Marine is a trusted partner in the maritime sector and provider of comprehensive service and repair solutions…

U.S. Navy Jet Crashes in San Diego Bay On Wednesday, a U.S. Navy electronic-warfare aircraft crashed into San Diego Bay, prompting a rapid search and rescue response.  At about 1015 hours, an E/A-18G Growler electronic attack jet went down just off Shelter Island Drive in Point Loma, San Diego. The aircrew ejected safely before impact,…

As Gaza Ceasefire Teeters, Houthis Warn of Renewed Red Sea Hostilities   On Tuesday, following announcements from the U.S. and Israel that put the future of the Gaza ceasefire agreement in doubt, Yemen’s Houthi rebels issued a reminder that they could restart ballistic missile attacks if hostilities against Hamas resume.  On January 15, Israeli Prime…

AP Moller Capital Invests in Spanish and Latin American Logistics Company A.P. Moller Holding, an investment company and the parent company of the A.P. Moller Group, is investing in growing logistics operations in Spain and Latin America. It has signed a binding agreement to acquire 51 percent of Berge, the port and infrastructure company of…

Contracts Awarded to Advance Plans for South Africa’s First LNG Terminal Efforts to develop the first LNG import terminal in South Africa are continuing to make progress with 2026 now targeted for a final investment decision. A terminal operator agreement was signed which provides for the design, development, construction, and operation of the terminal which…

Federal Court Lets Foreign Ships Move US Rock to US Offshore Wind Farms   Great Lakes Dredge & Dock has lost its appeal to reverse a Customs and Border Protection ruling that allows foreign rock-dumping vessels to compete more easily for U.S. offshore wind farm contracts. The U.S. 5th Circuit ruled that GLDD’s suit was…

NTSB: Parted Anchor Chain and Improper Charting Led to Vessel Loss An inadequate anchoring operation and failure to use available charts to identify depths and a charted rock led to the loss of a cargo vessel operating in the U.S. Virgin Islands reports the National Transportation Safety Board (NTSB). The bureau issued a report highlighting…

NYK and Yara Sign First Charter for Ammonia-Fueled Medium Gas Carrier Efforts to develop the first ammonia value chain have taken another step forward with Japan’s NYK Line and Yara Clean Ammonia concluding the first charter for an ammonia-fueled medium gas carrier. NYK ordered the vessel’s construction in 2023 as the next step in a…

NTSB: Ineffective Voyage Planning Caused Towed Crane to Hit Mackinac Bridge The NTSB report on a 2023 bridge strike says the captain of a tow vessel and barge company managers’ ineffective voyage planning and failure to conduct required checks caused a towed crane to strike the Mackinac Bridge in Michigan. They failed to confirm the air…

Suspected Somali Pirate Attack on Yemeni-Flagged Fishing Boat The EU monitoring operation for the Horn of Africa is reporting a suspected piracy incident off the coast of Somalia. Details are limited currently as the incident is being investigated. EUNAVFOR Atalanta reports it was informed of the suspected attack on Sunday, February 9, and that it…

Two Experienced Fishermen Die in Capsizing Off Nova Scotia   The owner of the fishing vessel that capsized off Nova Scotia last week has identified the two crewmembers who lost their lives while awaiting rescue. One of the victims was a well-respected skipper with five decades of experience.  At about 2200 hours on Thursday night,…

LA Port Police Bust Multimillion-Dollar Trailer Theft Scheme   Trailer theft is commonplace in America, and homeowners and contractors go to great lengths to keep thieves away from their toy-haulers and cargo trailers. But the Port of LA’s police department recently busted a much larger and more organized trailer theft scheme: the department uncovered a…

Propelled by Innovation   The maritime sector is evolving at the pace of technology, reducing its environmental impact while improving speed and efficiency. Pioneering companies like MAN and Anemoi – with long histories in the industry – are championing unique solutions that honor tradition and learn from the past. Government perspectives, social attitudes and regulatory…

After Evacuating Tartus, Russian Flotilla Leaves Mediterranean A Russian military convoy carrying equipment from the naval base at Tartus has exited the Strait of Gibraltar, answering the question of whether Moscow would be repatriating the military gear it had deployed to Syria over the past decade.  In early December, U.S.-designated terror group Hay’at Tahrir al-Sham…

Colonna’s Shipyard Names Kevin M. Sweeney to Board of Directors [By: Colonna’s Shipyard, Inc.] Colonna’s Shipyard, Inc. (CSI) today announced that Rear Admiral Kevin M. Sweeney, USN (Ret.), has joined the company’s Board of Directors, effective January 31, 2025. Randall Crutchfield, Colonna’s Chairman & CEO, welcomed Sweeney to the board, stating, “Rear Admiral Sweeney is…

Frustrations as Departure of Famed Ocean Liner SS United States Delayed   Excitement over the impending departure of the famed ocean liner ss United States was building last week before a further delay appeared prolonging her stay in Philadelphia. The new owners of the liner, Florida’s Okaloosa County, have been trying for months to start…

DLR Awards Contract for New Research Ship to Lloyd Werft [By: DLR] The German Aerospace Center (Deutsche Zentrum für Luft- und Raumfahrt; DLR) has commissioned Lloyd Werft in Bremerhaven to build a new research vessel, with both parties signing the contract on 3 February 2025. The ship is expected to cost approximately 36 million euros,…

ING Capital Approves Funding for Long Beach Terminal Upgrades   [By ING Capital LLC] ING Capital LLC today announced the closing of $424 million in credit facilities for International Transportation Service (ITS), to support a significant terminal redevelopment that will expand yard capacity by 50% and electrify its current fleet. ITS is a container terminal operator owned…

Wilson Sons Tests Drones to Make Port Operations Even Safer, More efficient [By: Wilson Sons] This January, Wilson Sons, recognized for its extensive experience of more than 187 years, started testing drones in the Port of Salvador to make vessel deliveries and pickups. Speedbird Aero, which specializes in designing, manufacturing, and operating drones, owns uncrewed aerial…

U.S. Retail Imports Remained High Ahead of Tariffs but Maybe Slowing While saying that it believes U.S. retailers continued to frontload imports of key products for several months ahead of a potential dockworkers strike and tariff increases, the National Retail Federation data now points to a slowing of month-to-month container volumes at the top U.S.…

Iranian Naval Forces Make an Unusual Port Call to the UAE   In an unusual defense diplomatic development, ships of the IRGC Navy (Nesda) and regular Iranian Navy (Nejada) have commenced a joint port visit to the United Arab Emirates. The UAE Ministry of Defense website showed a picture of the Shahid Soleimani Class missile…

Fincantieri Hands Over Innovative LNG Cruise Ship to Germany’s TUI Cruises Germany’s TUI Cruises took delivery today, February 7, on the first of two new LNG dual-fuel cruise ships launching a new class of ship for the 16-year-old partnership between TUI and Royal Caribbean Group. The new ship named Mein Schiff Relax marks the first…