Two undersea fibre-optic communications cables in the Baltic Sea, including one linking Finland and Germany, were severed, raising suspicions of sabotage by bad actors, countries and companies involved said on Monday.The episode recalled other incidents in the same waterway that authorities have probed as potentially malicious including damage to a gas pipeline and undersea cables last year and
Soaring costs, project delays and limited investment put targets out of reachAfter a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U.S., Europe and elsewhere ... with the exception of China.
Amazon.com and IKEA, in alliance with about three dozen other companies that depend on ocean freight, will invite shipping firms for the first time to bid on a contract in January to move their cargo on vessels powered by near-zero emissions e-fuels like e-methanol.The group known as the Zero Emissions Maritime Buyers Alliance wants to use the combined clout of its members
The owners of a private island in the U.S. rely on vessel transport as a lifeline to the mainland. Their boat, used for carrying supplies and even supplying medevac support in emergency situations, must be able to run at any time, in all conditions.So when it came time for their existing vessel to be replaced
Finnish shipbuilder Meyer Turku has floated out Star of the Seas, the second Icon-class cruise ship for U.S. cruise giant Royal Caribbean.The float out was celebrated at the Turku, Finland shipyard with an event that included the firing of a ceremonial cannon. The dry dock gates were opened, and the dry dock—measuring 16 meters deep, 80 meters wide and 365 meters long—was filled with water
China on Wednesday launched sea trials for the Fujian, its third and most advanced aircraft carrier, state media reported.The start of tests by the Chinese navy came nearly two years after the aircraft carrier was first unveiled in June 2022.The Fujian, entirely designed and built domestically, is larger and more advanced than the Shandong, commissioned in late 2019, and the Liaoning
China's coastguard said it had taken measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippines decried the moves, including the use of water cannons, as "irresponsible and provocative".China's actions led to "significant damage" and injury to personnel on a civilian boat hired to resupply troops
The Philippines and China traded accusations on Sunday over a collision of their vessels near a disputed shoal in the South China Sea as tensions over claims in the vital waterway escalate.The Philippine coast guard accused China of firing water cannons and ramming resupply vessels and a coast guard ship, causing "serious engine damage" to one
As tankers, car-carriers and other merchant vessels pass through the Malacca Strait, unlit fishing boats criss-cross the shipping lanes at night, making it one of the most challenging sea areas of the world to transit, even during peacetime.Should a major war ever come to Asia, those challenges could be magnified spectacularly
Wilhelmsen Ship Management announced its chief operating officer Haakon Lenz will assume the role of CEO, succeeding Carl Schou, who is retiring after 19 years of service, including 16 years as CEO.Lenz will assume the role of CEO on January 1, 2025, and Carl Schou will remain with the company as a senior advisor for a period of six months.
Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company christened and launched a salvage tug being built for Nippon Salvage Co., Ltd. The ceremony took place at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The vessel, named Koyo Maru
Carl-Antoine Saverys has been named CEO of listed Belgian shipowner Exmar, the company announced Tuesday. Effective January 1, 2024, he will take over from Francis Mottrie who will stay on board as COO.After assuming various roles in the shipping industry, Carl-Antoine Saverys has held deputy roles within Exmar over the past six years