The Russia-led Nord Stream 2 consortium said on Monday it has completed laying pipes for the project in German waters, finishing work on a 2.6 kilometer-long portion of the pipeline, which had been stalled by the threat of U.S. sanctions."We have completed this work," the consortium said in an emailed statement, referring to the pipe-laying in the German economic zone.
CMA-CGM, the world's fourth-largest container shipping line, has told customers it will not take bookings for cargo due to arrive at ports in southern China over several weeks in early 2021 due to a suspension of service by feeder operators.Feeders collect containers from smaller ports and take them to terminals where they can be loaded onto large vessels.
Offshore wind is expanding rapidly, and as turbine and project sizes grow, demand for specialized installation vessels will soar, Rystad Energy said Thursday, however, warning that the boom might lead to a shortage of offshore wind installation vessels."The market for vessels capable of installing large offshore wind components is quickly being outpaced by growing demand from the global
While there is no consensus on what will be the maritime 'fuel of the future', developers across the world are for the first time testing the use of hydrogen to power ships as the maritime industry races to find technologies to cut emissions and confidence grows the fuel is safe to use commercially.
Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on the Moscow Exchange, Russia’s top shipping company said on Tuesday, in a deal that could value it at roughly $10 billion according to sources.The move by the state-controlled firm comes as Russian airline Aeroflot also plans to raise capital in a secondary public offering (SPO).
Sri Lanka's navy said on Tuesday that an oil slick had been spotted a kilometer from a loaded supertanker off the country's east coast, as efforts to extinguish a fire on board continued.Sri Lankan officials are working to assess any damage to the environment and marine life from the incident, which began on September 3
United States Department of Justice’s steadfast protection of U.S. waters equates to criminal charges and massive finesThe United States has a long history of holding companies and individuals accountable for violating environmental laws and regulations, including the International Convention for the Prevention of Pollution from Ships (MARPOL).
ARES Shipyard in Antalya, Turkey has been awarded a contract to build 122 patrol boats for the Turkish Coastguard.“The project represents the largest volume serial production in Turkey’s shipbuilding history, and it will certainly put a significant record in the world’s shipbuilding archives as well,” said Utku Alanc, CEO of ARES Shipyard.
In the murky story of how a cache of highly explosive ammonium nitrate ended up on the Beirut waterfront, one thing is clear—no one has ever publicly come forward to claim it.There are many unanswered questions surrounding last week's huge, deadly blast in the Lebanese capital, but ownership should be among the easiest to resolve.
Sea Cloud Cruises' third tall ship, Sea Cloud Spirit, is taking shape in Vigo, Spain. Interior outfitting is underway as specialists from the Polish shipbuilding company Chorén have erected the approximately 54-meter-high aft mast for the 138-meter-long, three-masted sailing ship due to enter service later this year.
Global port operator DP World recorded a fall of 8.8% in second quarter container volumes, warning on Monday the outlook remained uncertain.The coronavirus pandemic shut cities and factories worldwide for months, disrupting shipments and global supply chains, while some cities are now reintroducing curbs after a recent rise in infections.
Two Canadian shipyards have joined forces in a bid for the contract to deliver the next polar icebreaker under Canada's National Shipbuilding Strategy (NSS).Seaspan Shipyards (Vancouver Shipyards Co. Ltd.) and Heddle Shipyards (Heddle Marine Service Inc.) announced Tuesday they will big as partners to build the Canadian Coast Guard’s future polar icebreaker to replace the decades old CCGS Louis S.