James Fisher and Sons has ordered four new LNG dual-fuel tankers from China Merchants Jinling Shipyard (Yangzhou) Dingheng as part of its ‘fleet of the future’ business strategy.The new tankers, which will carry oil products and IMO Class II chemicals, will have LNG dual-fuel propulsion capability
President James Earl "Jimmy" Carter passed away on December 29, 2024, at the age of 100.President Carter graduated from the U.S. Naval Academy in 1946 with distinction, after which he was assigned to USS Wyoming (E-AG 17) as an ensign. After completing two years of surface ship duty, Carter applied for submarine duty.
A U.S. judge approved on Friday a $102 million settlement by the companies that owned and operated the ship that struck Baltimore's Francis Scott Key Bridge in March, killing six people.The payment, approved by U.S. District Judge James Bredar, resolves the U.S. government's claims after the Justice Department filed a civil claim in September seeking $103 million from two Singaporean companies
Port and logistics firm DP World is going ahead with a 1 billion pound ($1.3 billion) investment in its London Gateway port, Britain's government said on Sunday after reports last week that the company had paused the project in protest.In what had been an embarrassment for the government before a major investor conference
The navies of Britain, Australia and the U.S. were able to control uncrewed ships in Australia while sitting more than 10,000 miles away in Portugal as part of a series of military experiments, Britain's Royal Navy said on Friday.The AUKUS security pact between the three nations, which aims to counter China's growing influence in the Indo-Pacific region
Britain on Thursday sanctioned five vessels and two associated entities involved in the shipping of Russian LNG, with the government saying it was using new legal powers for the first time to target LNG vessels directly."Earlier this year, the UK sanctioned Arctic LNG 2, alongside our allies in the US and EU.
Canadian shipbuilder Davie announced it has appointed Maxie Lafleur as president, bringing in a business executive from outside the shipbuilding sector to help drive growth.A Montréal native, Lafleur brings a wealth of experience in digital transformation, growth strategies, change management, mergers and acquisitions, and business development, both in Canada and abroad.
Angela Chao, chair and CEO of the Foremost Group, has died in a car accident, the New York-headquartered dry bulk shipping company announced on Monday.Angela Chao was an experienced and well-respected shipping executive, having worked her way up through several leadership positions at the company founder by her father, Dr. James S.C. Chao, with her mother, the late Ruth Mulan Chu Chao, in 1964.
Strikes against Houthi targets in Yemen have not fully diminished the group's appetite to disrupt Red Sea shipping, defence minister Grant Shapps said on Monday."These attacks have had a significant effect on degrading Houthi capabilities. But the Houthis' intent to continue disrupting the Red Sea has not been fully diminished," Shapps told parliament.
Almost five years ago, BP embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power. The British company is now trying to return to its roots as a big oil and gas player with a growth story to match rivals, revive its share price and allay investor concerns over future profits.
Emergency services suppressed a huge blaze that broke out in the early hours at a BAE Systems shipyard yesterday in north west England that builds Britain's nuclear submarines.Earlier in the day pictures online showed what looked like flames and black smoke emerging from the top of the vast Devonshire Dock Hall building. Police said there was no nuclear risk.
Norwegian shipbuilder Ulstein Verft on Saturday launched the new Olympic construction service operation vessel (CSOV), Olympic Boreas.The newbuild is first of two sister vessels for Olympic, designed to assist in offshore energy construction projects and service assignments.The launch saw the vessel towed out the dock hall and moored quayside for outfitting work.