Britain's Prince William on Sunday called on world leaders and businesses to take urgent action to protect the planet's oceans, saying it was a challenge "like none we have faced before."Speaking ahead of the U.N. Ocean Conference, which begins in France on Monday, William said rising sea temperatures
The death toll from a powerful explosion at Iran's biggest port of Bandar Abbas has risen to at least 40, with more than 1,200 people injured, state media reported on Sunday, as firefighters worked to fully extinguish the fire.Saturday's blast took place in the Shahid Rajaee section of the port, Iran's biggest container hub, shattering windows for several kilometres around
The IMO Net-zero Framework agreed at MEPC 83 last week is the first in the world to combine mandatory emissions limits and GHG pricing across an entire industry sector. The measures include a new fuel standard for ships and a global pricing mechanism for emissions. These measures, set to be formally adopted in October 2025 before entry into force in 2027
A.P. Møller Holding has, through its wholly owned subsidiary APMH Invest (APMHI), made an all-cash voluntary recommended purchase offer to the shareholders of Svitzer Group to acquire all issued and outstanding shares of the company.A.P. Møller Holding, through its wholly owned subsidiary APMHI, currently owns 47% of the share capital and voting rights of Svitzer.
The European Commission has presented its Clean Industrial Deal which aims to accelerate decarbonization while securing the future of manufacturing in Europe.President Ursula von der Leyen said: “Europe is not only a continent of industrial innovation, but also a continent of industrial production.
Yemen's Houthis said on Monday that they targeted three ships in the Red Sea and Arabian Sea, attacks they called part of their efforts to enforce a naval blockade on Israel.Houthi military spokesperson Yahya Sarea said in a televised address the vessels were targeted for attempting to approach ports bound for Israel.
A merchant vessel reported two explosions near a ship travelling 14 nautical miles southwest of Yemen's Al Dhubab, British maritime security firm Ambrey said on Monday.The report followed statements by the U.K. Maritime Trade Operations (UKMTO) agency, which initially reported receiving information about two explosions related to an incident 25 nautical miles south of Yemen's port of Mokha.
General Dynamics Bath Iron Works, a business unit of General Dynamics (NYSE:GD), said that the U.S. Navy has exercised an option to add an additional DDG 51 destroyer to the multi-year contract awarded in 2023.Bath Iron Works currently has under construction the Flight IIA Arleigh Burke-class destroyers Harvey C. Barnum Jr.
Sweden is investigating a possible breach of an undersea cable off the country's southwestern coast in the Baltic Sea, the coastguard said on Friday, in an area where multiple seabed cables have been damaged in recent months.The Baltic Sea region is on alert and the NATO alliance has boosted its presence after a series of power cable
Vuyk Engineering Rotterdam launched its new Small Waterplane Area Twin Hull (SWATH) Service Operation Vessels (SOVs) series.A standout projects in the Vuyk Engineering portfolio is the Groenewind, the world's first DP2 twin-hulled SWATH SOV. Developed in collaboration with DEME, this vessel is designed to operate efficiently in high sea states
Singapore-based shipbuilder Strategic Marine has secured an order for a next-generation crew transfer vessel (CTV) from OEG Renewables, part of the OEG Energy Group, destined to operate in Taiwan.The vessel, named Wey Feng, will be the fourth StratCat 27 that Strategic Marine is building for OEG Group.
Pangaea Logistics Solutions Ltd., announced a definitive agreement to purchase the remaining 50% equity ownership of its consolidated subsidiary, Nordic Bulk Partners LLC, from HS Nordic LLC, for $17.2 million in cash.The deal is expected to be completed by November 1, 2024. It will see Pangea own 100% of the equity in Nordic Bulk Partners