Dubai-based GMS has won U.S. government approval to scrap four container ships that were under Iran-related sanctions, potentially paving the way for Washington to reduce the shadow fleet of such vessels, the leading ship recycler's CEO said.Hundreds of ships with no known insurance or compliance with environmental safety standards have not only helped Iran and Russia circumvent sanctions
The IMO's Maritime Safety Committee met for its 111th session from May 13 to 22 and adopted a global code for autonomous ships and advanced guidelines for ships operating on alternative fuels.First global code for autonomous shipsIMO adopted a new International Code of Safety for Maritime Autonomous Surface Ships (MASS Code) to support the safe integration of AI-enabled and remotely operated
Continuous design refinement and incremental productivity gains — reflecting the Japanese concept of kaizen — alongside unremitting attention to contractual performance and product quality have seen the country’s shipbuilders maintain a high profile in certain sectors of the commercial vessel market.
With a growing focus on mitigating climate change and progressing toward the International Maritime Organization’s (IMO) 2050 net-zero target, the marine sector is under intense pressure to decarbonize. Today, maritime transport emits nearly one billion tons of CO2 annually, representing roughly 2-3% of all energy-related carbon emissions worldwide .
The Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the U.S. East Coast over what it called national security concerns, sending shares of offshore wind companies plunging.The suspension was the latest blow for offshore wind developers that have faced repeated disruptions to their multi-billion-dollar projects under U.S.
The final inter-array cable has been installed at Îles d’Yeu and Noirmoutier (EMYN) offshore wind farm in France, being developed by Les Éoliennes en Mer Services.The 61st and final inter-array cable was installed on June 22 at the EMYN offshore wind farm, Louis Dreyfus TravOcean said on social media.The accomplishment paves the way for a transmission capacity of 512 MW.
Italian shipbuilder Fincantieri and Albania's KAYO have set up a joint venture to build and maintain vessels in Albania, which is seeking to modernise its military infrastructure and deepen its NATO ties.The two sides signed a deal in the presence of the Albanian prime minister and defence minister, as well as the CEOs of Fincantieri and KAYO, according to a government and company statement.
SevenCs GmbH, a provider of maritime charting solutions, announced the release of Nautilus ChartServer, its chart rendering engine designed to meet the evolving demands of maritime, defense, and autonomous navigation applications.Building on the WMS ChartServer, Nautilus ChartServer introduces a modern, scalable architecture that is fully S-100-ready, supporting current standards such as S-57
Lebanon and Cyprus signed a long-awaited maritime demarcation deal on Wednesday, paving the way for potential exploration of offshore gas fields and energy cooperation in the Mediterranean.Lebanese President Joseph Aoun and Cypriot President Nikos Christodoulides signed the agreement at Lebanon's presidential palace and told reporters it would signal deeper cooperation between Lebanon
Lloyd’s Register (LR) has entered into strategic collaboration with Greece-based DYNAMARINe to launch an independent auditing program aimed at improving the safety, transparency and performance of ship-to-ship (STS) transfer operations worldwide.Under the new framework, LR’s auditors will assess STS service providers in line with standards set by the Oil Companies International Marine Forum
Nigerian President Bola Tinubu on Wednesday lifted a six-month emergency rule in Rivers State, reinstating Governor Siminalayi Fubara and other officials, after saying that a constitutional crisis that had paralysed governance had been resolved.The emergency rule, imposed on March 18
The successful completion of the first-ever ship-to-ship transfer (STS) of ammonia at anchorage in Western Australia, as part of the maritime decarbonization initiative led by Global Centre for Maritime Decarbonization (GCMD), has marked a major milestone in paving the way for ammonia as a viable marine fuel.