Fugro has been selected by nonprofit organization Ocean Visions to lead the development of a standardized environmental impact assessment framework for marine carbon dioxide removal (mCDR), a set of emerging technologies that enhance the ocean’s natural ability to store carbon.The initiative aims to support the permitting of mCDR projects by providing a transparent
International nonprofit organisation Freedom Flotilla Coalition (FFC) said one of its vessels left the Italian port of Catania on Sunday, heading for Gaza to deliver humanitarian aid, after a previous attempt failed due to a drone attack on a separate ship in the Mediterranean.The crew of volunteers, including climate activist Greta Thunberg and Irish actor Liam Cunningham
As geopolitical tensions rise globally, and President Trump prepares to reenter the White House later this month, focus turns to the maritime sector and China's growing dominance. So when the U.S. Department of Defense released on the Federal Register on January 7, 2025 a "Notice of Chinese military companies operating in the United States
You would be hard pressed to find a corporate leader more passionate about the company they lead; more dedicated to the customer they serve. In this case it’s George Whittier, CEO, Fairbanks Morse Defense and the U.S. Navy. Upon his return less than five years ago, Whittier has driven FMD towards the top of the U.S. Navy supply heap, with a string of strategic acquisitions.
With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major container ports are expected to see a continued surge in imports through next spring, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Spoiler Alert: we already know what to do. Some of it just isn’t physically possible. Help isn’t going to come from South Korea.Just two days following Donald Trump’s historic election victory, positioning him to become just the second U.S. President to be elected twice, in separate, non-following terms, the headlines curiously turned to shipbuilding.
BIMCO has launched a Ship Recycling Alliance to help accelerate safe and environmentally sound recycling of ships. The alliance will co-ordinate the voices of the ship recycling industry and the shipping industry and help facilitate the global implementation of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC).
Efren Dominico has been a fisherman in the Bay of Manila in the Philippines for 43 years and survived countless storms, but nothing prepared him for the day when an oil tanker sank off the coast in July and cut him off from his livelihood.The motor tanker Terranova capsized and sank off the tow of Limay, on the western side of Manila Bay, carrying 1.
The U.S. on Thursday imposed sanctions on two companies and two vessels linked to Russia's Arctic LNG 2 project, Washington's latest step to add costs on Moscow for its invasion of Ukraine.The Arctic 2 project, 60% owned by Russia's Novatek had been due to become Russia's largest liquefied natural gas plant with eventual output of 19.8 million metric tons per year of LNG from three trains.
A U.S. nuclear-powered submarine will undergo maintenance in Australia for the first time on Friday, a key step by AUKUS partners to deter aggression in the Indo-Pacific, the defense ministers of Australia, Britain and the United States said.Australian personnel trained with the United States and Britain over the past year ahead of the submarine maintenance at HMAS Stirling in Western Australia
Norwegian Cruise Line Holdings on Wednesday raised its annual profit forecast for a third time this year, riding on sustained demand for luxury voyages and higher ticket prices.With people continuing to splurge on experiences and services over discretionary goods, operators have seen record booking rates for affordable cruise vacations, giving them enough opportunity to increase ticket prices.
A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week as planned following a move by the U.S. Federal Maritime Commission to study the potential competitive impacts of the arrangement.The FMC said on Friday it is seeking more information to determine the potential competitive impacts of the proposed Gemini Cooperation