Russia and China have completed naval drills in the East China Sea, after a week of joint exercises which included practicing how to capture an enemy submarine with depth charges and firing artillery at a warship, Russia's defense ministry said.The Dec. 21-27 exercises, entitled "Maritime Interaction-2022"
A public-private partnership between the state of Louisiana, the Port of New Orleans and two global maritime industry leaders will build a $1.8 billion container facility on the Lower Mississippi River, Gov. John Bel Edwards announced.The new Louisiana International Terminal (LIT) in St.
Protests were temporarily called off at Adani's Vizhinjam seaport in the southern Indian state of Kerala after more than four months of agitation, a protest leader said on Tuesday, but demands to halt port construction were not met.Work by the Adani Group had been paused at the port because of objections from a mostly Christian fishing community, led by Catholic priests
Frank Olsen has stepped down as CEO of British multinational ports and marine management company Inchcape Shipping Services (ISS) effective November 30, 2022, the company announced on Friday.ISS said it has appointed a new CEO, Philippe Maezelle who joins December 1, 2022. Maezelle is an international business leader with strong executive transformation experience across the professional
The European Commission warned the German government last spring not to approve an investment by China's Cosco into Hamburg's port, German daily Handelsblatt reported on Friday, citing sources.Shipping giant Cosco last year made a bid to take a 35% stake in one of three terminals in Germany's largest port in the northern city of Hamburg.
Christopher Deegan, former president and chief executive of the venerable naval architecture firm Gibbs & Cox, has passed away, the company shared on social media."It is with heavy hearts that we share the news of our former president and chief executive of Gibbs & Cox, Christopher Deegan’s passing.
ZIM Integrated Shipping Services Ltd. on Wednesday announced it has signed a liquefied natural gas (LNG) bunkering deal valued at more than $1 billion with Shell NA LNG, LLC as the Israeli container shipping seeks to reduce emissions from its operations.Under the 10-year sales and purchase agreement
German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) and Canadian shipping company Oceanex are teaming up to design a climate-neutral and highly efficient ConRo (container RoRo) vessel.As part of a recently signed memorandum of understanding (MoU), the partners aim to jointly to investigate the utilization of and technologies associated with alternative fuels such as ammonia, methanol
Each year, Marine News magazine profiles 100 leaders in the North American workboat sector.From passenger vessels to towboats, tugs and barges. From dredging and offshore energy to pilot, patrol, fire and police boats. OEMs, service providers, shipyards, owners/operators and the full gamut of marine-related businesses are eligible.
One of the world’s largest shipping companies has ordered kite wind propulsion systems to reduce fuel consumption and greenhouse gas emissions from three of its bulk carrier vessel.Japan-based Kawasaki Kisen Kaisha (“K” LINE) on Wednesday confirmed orders for three additional Seawing systems
Fincantieri Marine Group, a U.S. subsidiary of Italian shipbuilding giant Fincantieri, announced Thursday that Marco Galbiati has been named as its new CEO effective July 6, while former CEO Dario Deste remains the company’s president. Galbiati was previously FMG’s general manager, a role that he held since 2018.
A ship has left the Ukrainian port of Mariupol for the first time since Russia took the city and is headed east to Russia with a load of metal, the Russian-backed separatist leader of the Ukrainian breakaway region of Donetsk said on Tuesday.Ukraine said the shipment of metal to Russia from Mariupol