China has allowed representatives from Germany, Sweden, Finland and Denmark to board a Chinese bulk carrier at the centre of an investigation into Baltic Sea cable breaches, the Danish foreign minister said on Thursday.The Yi Peng 3 vessel is wanted in Sweden for questioning over a breach of two undersea fibre-optic cables in November
Danish shipping group A.P. Moller-Maersk said on Monday it had raised its full-year forecasts on the back of strong third quarter results, robust demand and the continuing disruption to shipping in the Red Sea.Maersk said it had revised its outlook for global container market volume growth in 2024 to around 6% from a range of between 4% to 6% seen previously.
The U.S. Navy's efforts to build a fleet of unmanned vessels are faltering because the Pentagon remains wedded to big shipbuilding projects, according to some officials and company executives, exposing a weakness as sea drones reshape naval warfare.The lethal effectiveness of sea drones has been demonstrated in the Black Sea where Ukraine has deployed remote-controlled speed boats packed with
Port of Virginia’s Portsmouth Marine Terminal has welcomed the arrival of the first substation to be installed at the Coastal Virginia Offshore Wind (CVOW) project.The CS Wind Offshore and Semco Maritime consortium was selected by Dominion Energy in 2021 to deliver three 880 MW offshore substations for the project, under development by Dominion Energy.
The first jacket foundation for the substation of the Coastal Virginia Offshore Wind (CVOW) project has departed from the Danish Port of Esbjerg and is on its way to the United States to be installed at the country’s largest offshore wind farm.The first of three offshore jacket foundations, standing 60-meter-tall and weighing approximately 2,445.
As the Military Sealift Command (MSC) celebrates its 75th anniversary, it is looking to the future through the eyes of a forward-thinking “innovation cell” named for a ship from its storied past. USNS Taluga (T-AO-62) was the first Navy replenishment ship that was operated by civil service mariners.
The regulatory landscape is about to get a whole lot more complicated, with the advent of FuelEU Maritime from January 1, 2025. This ambitious framework, focusing on the ‘well-to-wake’ GHG intensity of vessels trading within Europe, laughs in the face of traditional methods of calculating and tracking emissions, making Excel sheets strictly yesterday’s news.
Danish pure play product tanker company TORM on Monday announced it has entered into an agreement to acquire eight secondhand MR vessels in a $340 million cash and stock deal. TORM did not name the seller.The vessels have all been built by South Korea's Hyundai Mipo Dockyard in 2014 and 2015, and six of the vessels have been fitted with scrubbers.
Shipping group Maersk raised its full-year profit guidance after reporting first-quarter earnings on Thursday, citing strong demand and higher freight rates as ships sail for longer to avoid conflict in the Red Sea.The company, viewed as a barometer of world trade, said that shipping disruptions caused by Houthi militants' attacks on vessels in the Red Sea were expected to last at least until
Cash buyer GMS has seen some positive movement in the sub-continent ship recycling market. “While we do not expect tonnage to come flowing into the markets anytime soon, nor do we expect ship recycling prices to go skywards within this time frame, the ship recycling industry did see some positive movements with improving indications breaking cover from India and even Bangladesh this week.
The U.S. Coast Guard is heading up efforts to raise a 1940s era wooden fishing vessel that sank during a winter storm in the New Meadows River in Harpswell, Maine, on January 10, 2024. Officials said the 83-foot vessel Jacob Pike is deemed a pollution threat and noted its owner and responsible party (RP) have not taken appropriate action to mitigate the significant threat of pollution.
The U.S. Navy christened the future USS Patrick Gallagher (DDG 127), during a ceremony on July 27, in Bath, Maine.The ship, built at General Dynamics Bath Iron Works, is the last of the Flight IIA Arleigh Burke-Class guided missile destroyers.The shipbuilder was awarded the contract for Patrick Gallagher on in September 2017 and construction started in November 2018.