A Donald Trump presidential election victory [which as of this writing looks most likely] would have huge implications for U.S. trade policy, climate change, the war in Ukraine, electric vehicles, among other areas. While some of his proposals would require congressional approval, here is a summary of the policies he has said he would pursue in his second four-year term in office:MORE
The all-electric tugboat HaiSea Wamis is the first of HaiSea Marine’s five new eco-friendly tugs to travel from North Vancouver to the company's base of operations in Kitimat.A team of eight Haisla members piloted the HaiSea Wamis home, marking a milestone for HaiSea Marine, a partnership primarily owned by the Haisla Nation and Seaspan ULC.
China's COSCO Shipping Corporation has signed a preliminary agreement with Australia's Fortescue to jointly build a green fuel supply chain to help reduce pollution from the shipping industry, the Chinese company said on Monday.The memorandum of understanding includes exploring construction and deployment of green ammonia-fuelled vessels owned either by COSCO or jointly owned by both companies
Singapore has the potential to supply over 1 million metric tons of low-carbon methanol annually by 2030 to meet rising demand for alternative bunker fuel, a Singapore minister said on Tuesday.Singapore's Maritime and Port Authority (MPA) late last year started seeking proposals from companies to supply methanol as a marine bunker fuel at Singapore from 2025.
As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier sent out a distress signal and called an emergency hotline.No one reached them in time. The pirates clambered aboard the Abdullah, firing warning shots and taking the captain and second officer hostage
Somali police and international navies were preparing on Monday to attack a commercial ship that was hijacked by pirates last week, the Puntland region's police force said, two days after Indian commandos rescued another cargo vessel held by pirates.The MV Abdullah was hijacked off the coast of Somalia last week
A cargo ship abandoned four days ago in the Gulf of Aden after it was hit by missiles fired by Yemen's Houthis is still floating despite taking in water, and could be towed to nearby Djibouti, industry sources said on Wednesday.Shipping risks have escalated due to repeated drone and missile strikes in the Red Sea and Bab al-Mandab Strait by the Iran-aligned Houthis since November. U.S.
Six crew members of a Sri Lankan fishing trawler hijacked by suspected Somali pirates have been rescued, Sri Lankan officials said on Monday.The hijacking on Sunday was the latest in a series of attacks that have fueled fears of a resurgence of Somali piracy in the Gulf of Aden and Red Sea waters after years without a successful raid.
A barge wreck found in September last year has been confirmed as the earliest known shipwreck discovered to date in Western Australia's Swan River, the WA Museum said. The barge was identified as one that lost in 1882 while carrying limestone from Fremantle to Perth.The State Government's release of detailed 3D multibeam surveys of the Swan River riverbed played a crucial role in the initial
MacGregor, part of Cargotec, has received a large order for its 50-tonne active heave compensated (AHC) crane to be installed on board MMA Valour, a multi-purpose platform supply vessel (PSV).The vessel has a proven track record in servicing a broad range of offshore work scopes across the energy and offshore wind sectors.
Marine fuel suppliers at Singapore, world's largest bunker hub, will be required to provide digital bunkering services and issue electronic bunker delivery notes starting April 1, 2025, Amy Khor, Singapore's senior minister of state for transport, said at the SIBCON 2024 conference.
Negotiations for the development of Tanzania's $42 billion liquefied natural gas export plant have been delayed by proposed government changes to a financial agreement reached last year, a government spokesperson and two company sources said.The government and investors announced last May they had completed negotiations on the long-delayed project to unlock Tanzania's vast offshore gas resources.