While political winds in the U.S. have significantly tampered many ‘green’ projects, Curtin Maritime is domiciled in California, which is globally known for its strict environmental initiatives. To that end, Curtin Maritime inked a contract recently to invest $160m for eight new hybrid-electric tugboats, vessels being built by Snow & Co.
Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels.The challenges facing the sector have exposed its initial ambitions as unrealistic.Hard-to-electrify industries that were seen as ideal candidates for green hydrogen, such as steelmaking and long-distance transportation
The global maritime sector is entering an era of heightened geopolitical and regulatory uncertainty that threatens to offset long-term safety gains, according to Allianz Commercial’s 2025 Safety and Shipping Review. While vessel losses have reached a record low, the industry faces a volatile landscape shaped by trade conflict, increased sanctions, shadow fleets
Companies that once committed to investing in U.S. offshore wind infrastructure and supply chains are now scrapping their plans as the industry experiences significant challenges. These setbacks stem from project delays, soaring costs, and the potential loss of federal support under former President Donald Trump’s proposed policies.
In what should be a surprise to no one, the Chinese maritime industry continued its dominance in 2024, with the nation’s vessel orderbook surpassing $123 billion. Data from VesselsValue reveals a strong year for both Chinese shipowners and shipbuilders, with significant investments across various vessel sectors.
It’s already possible to have smart decision support on the bridge: With Furuno’s technology, live video imagery of the front view from the vessel has navigation information superimposed on it including heading, AIS data, radar target tracking, object identification, route waypoint and chart information.SEA.
A joint U.S. and Japanese military exercise will see the temporary deployment of the "Typhon" intermediate-range missile in Japan, Japanese and U.S. officials said on Thursday, a move likely to anger China.The Typhon system is part of a drive by Washington to amass a variety of anti-ship weapons in Asia.
A new research vessel built for the French oceanographic fleet operated for the National Science Community by the French national Institute of Ocean Sciences (IFREMER) has been launched at the Freire Shipyard celebrated in Vigo, Spain.The oceanographic vessel was named Anita Conti in honor of France's first woman oceanographer
The International Association of Dredging Companies (IADC) bestowed the Young Author Award 2025 to Rick van de Wetering, Research Engineer at Royal IHC and Ph.D. candidate at Delft University of Technology, the Netherlands. IADC’s Young Author Award is given annually to “stimulate the promotion of new ideas and encourage younger men and women in the dredging industry.
The government of Canada has allocated $17.4 million to accelerate the development of the infrastructure at the Halifax Port Authority, most of which will go to the roll out of Halifax – Hamburg green shipping corridor.This investment is aimed at bolstering environmental sustainability and supply chain efficiency while actively supporting decarbonization efforts in the transportation sector and
Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion program with the international lender, Finance Minister Ahmed Kouchouk said on Sunday.Last month, the IMF said it reached a staff-level agreement with Egypt on the fourth review of the 46-month Extended Fund Facility arrangement, potentially unlocking the $1.
Marlink released the latest global maritime cyber threat report produced by its Security Operations Center (SOC).Based on data gathered from 1,800 actively monitoried vessels during the first half of 2024, the report shows changing tactics of cyber criminals, as well as the fact that malicious activity in the first six months increased significantly compared to the previous year.