U.S. President Donald Trump signed an executive order on Wednesday aimed at reviving U.S. shipbuilding and reducing China's grip on the global shipping industry.Republican and Democratic U.S. lawmakers for years have warned about China's growing dominance on the seas and diminishing U.S. naval readiness.The order directs the U.S.
At least seven people were killed after part of a boat dock collapsed, sending at least 20 into the Atlantic waters off the coast of the U.S. state of Georgia.U.S. Coast Guard ships were searching on Saturday night for missing people.The accident, which also caused multiple injuries, happened during a celebration of Sapelo Island's tiny Gullah-Geechee community of Black slave descendants
A German warship operating as part of the United Nations' UNIFIL peacekeeping mission shot down a drone off the coast of Lebanon on Thursday, the German defense ministry told Reuters, as unease builds over the safety of the U.N. troops in the country.UNIFIL positions have come under fire in Lebanon since Israel launched a ground operation against Hezbollah militants on Oct.
Israel said it bombed Houthi targets in Yemen on Sunday, expanding its confrontation with Iran's allies in the region two days after killing the Hezbollah leader Sayyed Hassan Nasrallah in an escalating conflict in Lebanon.The airstrikes on Yemen's port of Hodeidah were in response to Houthi missile attacks on Israel in recent days, Israel said
The crude oil tanker market is grappling with an ageing fleet of vessels which need to be replaced, posing a challenge as shipyards are focused on building other types of ships, a top executive with commodity trader Trafigura said on Tuesday.The crude tanker market, including VLCC supertankers
Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV exports, data showed, putting China on course to amass the world's fourth-largest fleet by 2028.China currently has the world's eighth-largest fleet with 33 car-carrying ships, showed data from shipping consultancy Veson Nautical.
Lloyd's Register (LR) has approved the design of ammonia dual-fuel systems design for Trafigura's newbuild medium gas carriers (MGCs).LR completed an extensive design evaluation and safety assessment to approve the designs in line with its rules and international regulations.Implementing ammonia dual-fuel systems on these vessels marks a significant step towards expanding the use of low-carbon
The Fascinated by Shipwrecks Podcast, hosted by Kathy A. Smith, is dedicated to the People & the Science of Maritime Archaeology.The Adriatic Affair: Finding the 1856 Le Lyonnais Wreck“Of the people on the ship, 114 died and only 18 survived. Those that did lived through extraordinary conditions in the North Atlantic. Storms. Dehydration. Starvation.
Marine electrical systems provider Vard Electro, part of Fincantieri’s Vard Group, has named Hans Tore as its new General Manager.Hans Tore has been working at Vard Electro since 2017. He started as System Integrator before he became a Project Manager.From June 2021 he took on the position as Vice President for Electrical Installation Operations and was promoted to Senior Vice President
Trafigura Group has completed the acquisition of Gearbulk Holding 50% share in joint venture company High Heat Tankers (HHT) for an undisclosed sum.Aside from the acquisition, Trafigura has committed to a newbuild 17,500 dwt IMO II specialized high heat tanker to be delivered in the third quarter of 2026 from Chengxi Shipyard China to support the expansion of HHT’s services.
Commodities trader Trafigura has completed its first ship-to-ship (STS) transfer of ammonia in international waters close to the port of Ceuta in the Strait of Gibraltar.Approximately 6,000 metric tonnes of ammonia (NH3), supplied by CF Industries from their Donaldsonville, Louisiana-based manufacturing complex, was safely transferred between the Green Power Medium Gas Carrier (MGC)
Commodities trader Trafigura has placed an order to HD Hyundai Mipo Dockyard for the construction of four Medium Gas Carriers (MGC) that will be capable of using low-carbon ammonia as a propulsion fuel.The vessels will carry LPG or ammonia will be built at HD Hyundai Mipo Dockyard in Ulsan, South Korea.The first ship will be delivered in 2027.