A new analysis from Windward reports a 20% decrease in the volume of direct oil voyages out of Russia in Q3 2024 compared to Q2.Q3 2024 marked the lowest monthly average of direct voyages from Russia to China since March 2023. When compared to Q2 2024 averages, there is a decrease of 12% in such voyages.
The IMO is celebrating World Maritime Day on 26 September by highlighting the importance of safety at sea in an era of significant transformations and new risks and 50 years since the adoption of the International Convention for the Safety of Life at Sea (SOLAS).SOLAS was first adopted in 1914, in response to the Titanic disaster.
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
Seattle-headquartered Saltchuk on Wednesday announced it has completed its acquisition of Overseas Shipholding Group (OSG), a New York-listed marine transportation company based in Tampa, Fla.Privately-held Saltchuk—previously OSG’s largest shareholder—said it completed a $950 million transaction to purchase all outstanding shares of OSG common stock at $8.
Key Bridge Unified command salvors have begun preparing for the removal of bridge section four, which lies across the bow of the M/V Dali.The operation requires careful handling of roadbed material, crushed containers and bridge fragments currently resting on the M/V Dali’s bow.The salvage teams are preparing for the refloat of the Dali
The first commercial vessel transited through a newly opened channel in the Port of Baltimore following the deadly collapse of the Francis Scott Key Bridge.The Fort McHenry Limited Access Channel (LAC) was opened as a temporary solution to provide passage for a limited number of commercial vessels into the Port of Baltimore and a departure opportunity for some deep draft vessels currently unable
The MSC Foundation, the MSC Group and Mercy Ships International have joined forces to build a new hospital ship.On 8 April, the chairman of MSC Group and MSC Foundation, Capt. Gianluigi Aponte, MSC Group President and Member of the MSC Foundation Board, Diego Aponte, and Mercy Ships Founder, Don Stephens
The Captain of the Port (COTP) has established the Fort Carroll Temporary Alternate Channel, which is on the northeast side of the main channel in the vicinity of the Francis Scott Key Bridge and will provide limited access for commercially essential vessels.The channel has a controlling depth of 20 feet, a 300-foot horizontal clearance, and a vertical clearance of 135 feet
The Unified Command began to remove containers onboard M/V Dali at the Key Bridge incident site, Sunday. Salvors removed containers from the Dali as part of the effort to gain access to the portion of the Key Bridge that lies atop the ship. The transfer of containers from the Dali will continue in the coming days, as weather permits.
The international maritime industry, led by the International Chamber of Shipping, has joined together to express their concern for the seafarers from the Galaxy Leader who have been held hostage and call on the Houthis to release them.Monday February 19, 2024 marks the three-month anniversary since the Houthis seized the Galaxy Leader and its 25 seafarers in the Red Sea.
The U.S. Navy’s newest Overlord Unmanned Surface Vessel Vanguard (OUSV3), was recently launched from Austal USA’s shipyard in Mobile, Ala. Vanguard is the first USV for the Navy purpose-built for autonomous operations from the keel-up.Vanguard is being jointly developed by a team led by Austal USA and L3Harris.
Shipmanagement trade group InterManager is urging the shipping industry to increase its focus on safety amid a recent surge in deaths in enclosed spaces on ships.Three seafarers and five shore workers died over the past week in accidents in enclosed spaces, bringing this year’s known deaths to a total of 31, according to InterManager.