At the 163rd ABS Annual Members Meeting, the classification society says it has never been stronger, with substantial growth and leading safety performance reported. Key numbers in 2004 included the fleet growing to 300 million gross tons, giving it pole position in global class in global new order share with 22 percent.
U.S. President Donald Trump’s regulatory freeze has injected chaos and uncertainty into a number of lucrative American fisheries, raising the risk of a delayed start to the fishing season for some East Coast cod and haddock fleets and leading to overfishing of Atlantic bluefin tuna, according to Reuters interviews with industry groups and federal government employees.
Artificial intelligence (AI) is set to revolutionize shipping by enhancing safety and efficiency, Christopher J. Wiernicki, ABS Chairman and CEO, said, while also noting the growing importance of the human touch in this high-tech era.“Maritime 5.0 will be defined by the ever-expanding capabilities of artificial intelligence, driving our complex industry to be safer
“The enormity of this disaster is hard to imagine without seeing it in person…It may sound dramatic but given the wreckage field created by the collapsed bridge, the environment divers are working in, and the dangers posed to them, is like cleaning the site of 9/11 with blinders on.” - Rick Benoit, Emergency Management specialist at the U.S.
An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, people familiar with the matter said.Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals in the largest wave of consolidation in the oil industry in decades.
A tanker that fled the scene of a fiery Friday collision off Singapore entered the area of Malaysia's Bertam floating oil terminal on Monday after being tracked down and intercepted by Malaysian authorities, shipping data from LSEG and Kpler showed.The Sao Tome and Principe-flagged supertanker Ceres I had left the scene of the collision with the Singapore-flagged tanker Hafnia Nile about 55 km
British security firm Ambrey said early on Friday that a merchant vessel reported two explosions about 21 nautical miles (39 km) west of Yemen's Mocha.One "missile" impacted the water and another exploded in the air, the vessel reported to Ambrey, adding that both explosions occurred within 0.5 nautical miles of the vessel.
Walt Disney unveiled plans on Tuesday to launch a new cruise ship that will set sail from Tokyo starting in fiscal 2028, adding a ninth vessel to the brand's growing fleet.The new ship, to be built by Germany's Meyer Werft and modelled after the Wish that is the largest vessel in the group, is a partnership with Oriental Land Company (OLC), the operator of Tokyo Disneyland.
Missiles fired by Yemen's Houthi militants struck the Palau-flagged Verbena cargo ship in the Gulf of Aden on Thursday, sparking a fire and severely injuring one of her crew, U.S. Central Command said.The Iran-allied Houthis have launched dozens of attacks on international shipping in the Red Sea region since November in solidarity with the Palestinians in the war between Israel and Hamas.
ABS Chairman and CEO Christopher J. Wiernicki was honored by The Seamen’s Church Institute (SCI), receiving the 2025 Silver Bell Award for lifelong service and outstanding leadership in the maritime industry.SCI is a nearly 200-year-old charity headquartered in New York that serves and protects the personal and professional lives of mariners and seafarers, both internationally and domestically
Japanese trading house Mitsui could consider studying a project to liquefy natural gas (LNG) in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on Tuesday.Japan is considering offering support for a $44-billion gas pipeline in Alaska as it seeks to court U.S.
Fabrum, a New Zealand company, has collaborated on the design and build of a zero-emission hydrogen-powered boat H2Ocean with King Watercraft, a developer of sophisticated New Zealand made rigid inflatable boats. The H2Ocean hydrogen-powered rigid inflatable boat (RIB), a zero-emissions solution suitable for tourism, commercial and leisure activities, will begin sea trials in January 2025.