HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has conducted a steel cutting ceremony for a 115,000-ton product tanker at the HD Hyundai Philippines Shipyard in Subic Bay, Philippines.The vessel is the first ship built by HD Hyundai Philippines and is the first in a series of four vessels ordered from an Asian shipping company in December last year.
How can the global energy grid keep pace with fast-growing demand from new data centers supporting artificial intelligence (AI) and cloud computing? Nuclear energy and coastal waters offer a potential answer.The potential for floating nuclear-powered data centers is explored in depth in the latest research from ABS and Herbert Engineering.
Authorities in the southern Indian state of Kerala are racing to contain an oil spill in the Arabian Sea after the Liberia-flagged container vessel MSC ELSA3 sank over the weekend, releasing fuel and more than 100 cargo containers into the water.The vessel was en route from Vizhinjam to Kochi when it capsized approximately 38 nautical miles off the Kerala coast on Saturday.
Scientists at the UK’s National Oceanography Centre (NOC) in Liverpool have used satellite data to create insight into the Mersey River that will help port operators be smarter about managing complex navigation channels. Through a project focused on Liverpool’s famous river and funded by the UK Space Agency
The Israeli military said it carried out airstrikes against Yemen's Hodeidah Port on Monday, a day after the Iran-aligned Houthis fired a missile that struck near Israel's main airport.The military said in a statement that it attacked what it called Houthi terrorist targets in Hodeidah and its vicinity.
On April 17, the Trump administration shielded domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels.The Federal Register notice posted by the U.S. Trade Representative (USTR) was watered down from a February proposal for fees on China-built ship of up to $1.5 million per port call.
Taiwanese container shipping firm Evergreen Marine Corporation has ordered 11 new LNG dual-fuel container ships from South Korean and Chinese shipyards, whose combined worth is up to $3.2 billion.On February 12, Evergreen disclosed two orders for 11 container ships, each with a 24,000 TEU capacity.
Canada’s Marine Communications and Traffic Services received a MAYDAY on Saturday from the MSC Baltic III as it ran aground located approximately 12 nautical miles outside the entrance to Bay of Islands, Newfoundland and Labrador, Canada.The vessel reported a loss of power, and unable to secure an anchor in the adverse conditions, grounded in Wild Cove west of Lark Harbour.
The United States' maritime coastal security poses a significant challenge due to the vastness of its coastline and the complexity of its maritime borders. According to the National Oceanic and Atmospheric Administration National Geodetic Survey there are approximately 95,000 miles of coastline.
India is set to establish a 250-billion-rupee ($2.9 billion) maritime development fund to provide long-term financing for the country's shipbuilding and repair sector, Finance Minister Nirmala Sitharaman announced on Saturday.The initiative aligns with Prime Minister Narendra Modi’s vision of transforming India into a developed nation by 2047.
The multi-purpose vessel Prima Verde, said to be the world’s first vessel able to run on marine gas oil (MGO) and wind assisted propulsion simultaneously, has been delivered.Operated by Mitsui O.S.K. Lines (MOL) company MOL Drybulk and owned by Daishin Shipping, the vessel), was delivered at Onomichi Dockyard.
President Joe Biden is set to ban new offshore oil and gas development across 625 million acres (250 million hectares) of U.S. coastal territory, Bloomberg News reported on Friday.The ban, to be announced on Monday, rules out the sale of drilling rights in stretches of the Atlantic and Pacific oceans and the eastern Gulf of Mexico, said the report