Taiwanese shipping firm Yang Ming Marine Transport Corp said one of its cargo ships caught fire on Friday at China's Ningbo-Zhoushan Port, one of the world's busiest.Earlier, Chinese state media said an explosion was reported at the port and shockwaves were felt a kilometer away.Yang Ming Marine Transport said a fire occurred on board the YM Mobility while it was operating in the port.
In recent weeks the U.S. Supreme Court has fundamentally changed the ways that laws are interpreted and enforced by federal agencies. These decisions will have far-reaching impacts on heavily-regulated sectors, such as the U.S. maritime industry, potentially altering the balance of power between stakeholders and federal regulators.
The 2024 IMO Award for Exceptional Bravery at Sea is to go to two sets of nominees: the captain and crew of the oil tanker Marlin Luanda for containing a fire after the ship was struck by an anti-ship missile; and the captain and crew of the tugboat Pemex Maya for their rescue of six shipwrecked people from four different vessels during a hurricane.
French shipping company CMA CGM and its business partners COSCO Shipping 601919.SS, Evergreen 2603.TW and OOCL said on Tuesday that they had agreed to extend their 'OCEAN Alliance' co-operation deal for another five years beyond 2027, to 2032.The 'OCEAN Alliance' partnership aims to help customers deal with their supply chains by offering up fast transit times and access to a wide range of ports
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.
China Merchants Energy Shipping (CMES), the Shanghai-listed shipping giant and daughter company of China Merchants Heavy Industry (CMHI), has ordered an MAN B&W 7G80ME-LGIM (-Liquid Gas Injection Methanol) main engine in connection with the construction of a very large crude carrier (VLCC).
Captain Morgan McManus will serve as the Ship’s Master on the Empire State VII, the first in a series of five National Security Multi-Mission Vessel (NSMV), which at press time was getting its post-sea trial finishing touches at Philly Shipyard. The project to design, build and deliver the NSMV series is one of the most exciting shipbuilding programs in the U.S.
Petrobras has awarded contracts to Techdof, a joint venture between DOF Subsea and TechnipFMC, for two of its pipelay support vessel (PLSVs).Petrobras extended the existing contract for PLSV Skandi Açu to mid-2026. This extension will be followed by the new three-year contract ending mid-2029, DOF informed.
KR announced the successful installation of an onboard carbon capture system (OCCS) with purely domestic technology, and it will soon undergo internal verification testing.The project began in April 2023 as a collaborative effort with HMM, Samsung Heavy Industries (SHI) and PANASIA. As a result of this collaboration, the system was installed on the 2,200 teu container ship, HMM Mongla.
Norwegian offshore vessel operator DOF Group has signed a letter of intent (LOI) with an undisclosed energy company for its Skandi Seven field support vessel (FSV).The LOI entails a two-year firm and one-year optional contract. The contract is defined as very large, excluding optional period and additional services, though additional details were not revealed.
Norwegian offshore vessel operator DOF Group has secured a ‘major contract’ from Petrobras for its pipelay support vessel (PLSV) Skandi Vitória.DOF secured a three-year firm contract, plus option, for its PLSV Skandi Vitória as part of an ongoing tender process.The contract starts in 2025, according to DOF.
Norwegian offshore vessel operator DOF Group has secured two contracts with Brazil’s state-run oil and gas company Petrobras, worth over $192 million.Petrobras has awarded new long-term charter and service contracts to Norskan Offshore. and DOF Subsea Servicos Brasil, after a competitive tender process.