The United States in recent weeks has been tracking what is believed to be a Russian military spy ship off the coast of the Hawaiian Islands.The U.S. Coast Guard said in an update on Thursday that it has been keeping tabs on the vessel, a suspected "intelligence gathering ship", for several weeks. Video footage released by the agency showed the ship in waters off the Hawaiian coast on January 11.
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry experts said.Spot rates, which cover anywhere from 10% to 40% of ocean container shipments and are considered a key indicator of the industry's health
Germany is set to receive new flows of Qatari liquefied natural gas (LNG) from 2026 after QatarEnergy and ConocoPhillips COP.N on Tuesday signed two sales and purchase agreements for its export covering at least a 15-year period. Since Russia's invasion of Ukraine in February, competition for LNG has become intense
A smart buoy that can "hear" the ocean and monitor climate change is part of a new effort to help endangered whales avoid ship collisions on their journey from Antarctica to the equator.The buoy was installed in the Gulf of Corcovado, some 1,100 kilometers (684 miles) south of Chile's capital, in early October and is the first of many planned by the Blue Boat Initiative
Tacoma, Wash.-based Silverback Marine is a relatively new name in boatbuilding, formed with the tall ambition to “change the way the world thinks about workboats”.“We started Silverback with the vision of essentially bringing, what I would call, the big boat experience to smaller workboats.
Russian-backed separatists have seized two foreign-flagged ships in the eastern Ukrainian port city of Mariupol, saying they are now "state property", in the first such moves against commercial shipping, letters seen by Reuters showed.Mariupol, on Ukraine's southern coast, fell under the control of Russian and separatist forces in May after a months-long siege.
Wind power pioneer Henrik Stiesdal built his first wind turbine in 1978. It was one of Denmark’s first step towards becoming a wind energy powerhouse, with Stiesdal regularly at the helm. He’s now got wider climate initiatives in his sights, including industrializing floating offshore wind. He reflected with OE’s Elaine Maslin.
Oslo-listed FPSO leasing company BW Offshore said Wednesday a fatal incident had occurred in the Priya Blue shipyard in India, but that it was not related to ongoing recycling of former BW Offshore FPSOs at the yard.BW Offshore said in February it had signed an agreement with Priya Blue Industries yard in India to recycle the Cidade de São Vicente FPSO in compliance with Hong Kong Convention.
A portion of the estimated 1,000 seafarers trapped in Ukraine have escaped, the International Labour Organization and industry officials told Reuters, voicing concern for those remaining trapped onboard ships or unaccounted for.Several foreign cargo ships have been struck by crossfire in Ukraine since the Russian invasion began on Feb. 24. U.N.
Foreign ship owners are becoming increasingly wary of moving cargoes of Russian oil due to the conflict in Ukraine and the impact of Western sanctions on Moscow, the head of leading private Greek shipping group Angelicoussis said on Wednesday.U.S. President Joe Biden has imposed a ban on Russian oil and other energy imports following Moscow's invasion of Ukraine and there is growing uncertainty
The UN's shipping agency will seek to create a safe maritime corridor to enable merchant ships and their crews stuck in the Black Sea and Sea of Azov to sail away without the risk of being hit, it said on Friday.Russia's military took control of waterways when it invaded Ukraine on Feb. 24, in what Moscow calls a "special operation".
Cadeler CEO Mikkel Gleerup shares insights on the path ahead for his company in the fast-growing offshore wind sector, with details on Cadeler’s new X-Class Wind Turbine Installation Vessels.The last two years were big year for your company, with a name change from Swire Blue Ocean and IPO at the end of 2020 and a rebranding through 2021.