Two months into its special discount program to draw containerships back to the Suez Canal, the authority reports that 10 of the large vessels have now completed the transit. It continues to emphasize the opportunities, while carriers other than CMA CGM and MSC Mediterranean Shipping Line appear to continue to avoid the region in light of the continuing dangers.
Read MoreChina celebrated the re-delivery of the worlds largest ocean-going aquaculture vessel, Zhe Dai Yu Yang 60001 (Senhai Pioneer), on July 20 in its quest to develop new resources for food development.
Read MoreMatson surprised customers this week with an announcement that, effective immediately, it would suspend transporting battery-powered electric or plug-in hybrid electric vehicles due to the hazardous material classification of their lithium-ion batteries.
Read MoreA US Marine Corps War College war game distinct from a scenario recently featured in The Interpreter suggests that fear, national honor, and miscalculation could be more decisive triggers for conflict than calculated interest.
Read MoreHa Long Bay has a thriving tourism industry, and millions of visitors come to the area every year. On Saturday, one of the many tourist boats that operate in the region - the Wonder Seas - was under way on a routine sightseeing excursion.
Read MoreWhen Wan Hai 503 suffered a cargo explosion and fire off Kerala on June 9, few expected that the salvage effort for the small container ship would be so protracted. The fire burned through almost all cargo bays forward of the deckhouse, leaving only smoldering wreckage - and the last hot spots have still not been fully extinguished.
Read MoreWorking with German owner Hartmann Group, shipmanager InterMaritime and construction materials giant Heidelberg, the UK-based startup Seabound has launched a unique onboard carbon capture venture that starts with Bunker C and ends up in cement.
Read MoreRussian port operator FSUE Rosmorport has launched a tender seeking inspectors for vessels arriving at its Baltic seaports. According to the Moscow Times, the inspections will be checking below the waterline and the underside of vessels, looking for unknown objects and possible explosives.
Read MoreThe race to launch the first commercial ammonia-fueled engines marked a key milestone, reports marine engine designer WinGD. The first two-stroke engines built from the companys designs were tested and recently successfully installed in the first new ammonia carriers being built in South Korea.
Read MoreAddressing the Dutch Parliament, the interim governments Minister for Climate and Green Growth has said the current goals for offshore wind energy are no longer realistic. The Ministry reports it is working on a new plan that will reset the countrys targets, lowering the near-term goal by as much as 40 percent.
Read MoreChinese shipbuilders are already feeling the pinch from the Trump administration's unprecedented port fee proposal, even though the details have not yet been released in final form.
Read MoreOne of South Korea's policy banks has made a significant investment in clean power company Amogy, which is designing a system to run hydrogen fuel cells with an ammonia fuel source.
Read MoreAfter months of effort, salvors have removed the majority of the bunker fuel aboard the stricken boxship MSC Baltic III, substantially reducing the risk of pollution.
Read MoreIn a story broken by Lloyds List and Yemeni journalists, evidence has emerged that the Houthi administration in Yemen is siphoning off crude oil from an oil storage facility maintained by the United Nations off Ras Isa.
Read MoreUkraines National Agency for Tracing and Asset Management (ARMA) reported the completion of the sale of a controversial Russian tanker that was alleged to have been involved in a 2018 incident in which Russia arrested Ukrainian Navy sailors. The vessel was seized the following year and was sold to raise cash for Ukraines economy.
Read MoreThe Kerala High Court in India held its first hearing related to Indias nearly $1.1 billion compensation claim related to the sinking of the MSC Elsa 3 off the coast of India in late May. MSCs lawyers called the claims highly exaggerated, while lawyers for the state government said the extent of the damages is incalculable and continuing.
Read MoreThe Department of Homeland Security has canceled orders for the third and fourth Offshore Patrol Cutters at Eastern Shipbuilding Group, citing delays and cost growth. The Coast Guard had already put the third and fourth hulls on hold, even though early stages of work had started on both of them.
Read MoreOrbitMI recognizes that the full potential of maritime digitalization requires more than individual innovation. True transformation depends on collaboration among owners, operators, software vendors, OEMs, and industry bodies to establish shared technology standards, improve interoperability, and promote effective data exchange.
Read MoreChina's embassy in New Zealand attempted to suppress a public screening of a documentary about Philippine fishermen, according to producers of a film festival in Auckland.
Read MoreThe Port of Hamburg announced a series of new projects that will be undertaken to enhance operations and modernize and expand terminal operations, especially for the largest containerships. It comes as the port continues to experience strong competition and needs to support the growth in the size of containerships.
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