The U.K. has awarded Babcock International’s Rosyth shipyard a £45 million (approx. US$56.6 million) contract to maintain its fleet of three scientific research vessels.The initial three-year contract, announced by U.K. Industry and Maritime Minister Nusrat Ghani earlier this month, will see the large oceanographic and polar research vessels RRS Sir David Attenborough
Western officials are in talks with Turkish counterparts to resolve oil tanker queues off Turkey, a British Treasury official said, after the G7 and European Union rolled out new restrictions on Dec. 5 aimed at Russian oil exports."The UK, U.S. and EU are working closely with the Turkish government and the shipping and insurance industries to clarify the implementation of the Oil Price Cap and
In a ceremony held in Trinidad and Tobago on November 23, 2022, Proman Stena Bulk Ltd formally named its first newbuild IMOIIMeMAX methanol-fueled 49,900 DWT vessel, Stena Pro Patria.Stena Pro Patria is the first of three methanol-fueled vessels delivered in 2022 to the joint venture between tanker company Stena Bulk and the methanol producer Proman
The Biden administration on Wednesday approved a waiver of U.S. shipping rules to address Puerto Rico’s immediate energy and other essential needs in the wake of a devastating hurricane.Homeland Security Secretary Alejandro Mayorkas said he approved "a temporary and targeted Jones Act Waiver" to ensure Puerto Ricans "have sufficient diesel to run generators needed for electricity and the
A total of 33 cargoes carrying around 719,549 tonnes of foodstuffs have left Ukraine under a deal brokered by the United Nations and Turkey to unblock Ukrainian sea ports, the Ukrainian agriculture ministry said on TuesdayThe Joint Coordination Centre in Turkey that monitors the implementation of the agreement put the total amount of grain and foodstuffs exported from three Ukrainian Black Sea
Asset manager Atlas Corp said on Thursday it received a takeover offer from consortium group Poseidon Acquisition Corp in an all-cash deal for $3.64 billion.Poseidon, which comprises Atlas' board chairman David Sokol, affiliates of Canadian investment company Fairfax Financial Holdings Ltd, the Washington Family, and Japanese shipping company Ocean Network Express Pte Ltd
Hawaii-based Pasha Hawaii announced on Thursday it has taken delivery of a new liquefied natural gas (LNG)-fueled containership from Brownsville, Texas shipbuilder Keppel AmFELS.The 774-foot George III is the first of two new ‘Ohana Class containerships to join Pasha Hawaii’s fleet, serving the Hawaii/Mainland trade lane.
Russia's defense ministry on Friday confirmed for the first time that the crew of the missile cruiser Moskva suffered casualties when it blew up and sank last week, a report from RIA news agency indicated.Russia initially said all the ship's crew were evacuated after an ammunition blast triggered by a fire ripped through the Moskva, the flagship of its Black Sea fleet.
The containership Ever Forward has been refloated after more than a month aground in the Chesapeake Bay, near the Port of Baltimore. The Hong Kong-registered vessel was freed around 7 a.m. on Sunday after running aground on March 13 while en route from Baltimore to Norfolk, Va.Salvors removed a portion of the nearly 5
Tunisian authorities intensified efforts on Saturday to avoid an environmental disaster after a merchant fuel ship carrying one thousand tons of fuel sank off the coast of Gabes on Friday, two security sources told Reuters.The Tunisian navy had rescued all seven crew members from the ship, which was heading from Equatorial Guinea to Malta
The U.S. Senate on Thursday unanimously passed a bill to improve oversight of ocean shipping, a step supporters say will help ease export backlogs.The Ocean Shipping Reform Act, led by Senators John Thune and Amy Klobuchar, would strengthen the investigatory authority of the Federal Maritime Commission (FMC), the U.S.
Egypt is working to improve the Suez Canal by making an additional 10 kilometers accessible to two-way traffic, while widening and deepening another 30 kilometers, the chairman of the authority managing the waterway said on Tuesday.Suez Canal Authority Chairman Osama Rabie, giving the first news conference on the expansion which began in June