In a shipbuilding industry defined by tradition, one new entrant is seeking to rewrite the rules of how naval vessels are designed, built and delivered. Saronic Technologies, founded just three years ago, is racing to create what CEO Dino Mavrookas calls “a next-generation shipbuilding ecosystem” — one capable of delivering unmanned surface vessels (USVs) at the speed and scale the U.S.
Israeli forces stopped 14 boats carrying foreign activists and aid bound for Gaza, flotilla organisers said on Thursday, but 23 boats are continuing to sail towards the war-ravaged Palestinian enclave, according to the flotilla's tracking system.A video from the Israeli foreign ministry verified by Reuters showed the most prominent of the flotilla's passengers
The U.S. on Tuesday rejected the "Net-Zero Framework" proposal by the IMO, which is aimed at reducing global greenhouse gas emissions from the international shipping sector, and threatened measures against countries that support it.The announcement, made in a joint statement by Secretary of State Marco Rubio, Commerce Secretary Howard Lutnick
The catastrophic implosion of the Titan submersible that killed five people in 2023 could have been prevented, a U.S. Coast Guard investigative board found on Tuesday, calling the vessel’s safety culture and operational practices “critically flawed.”The Titan vanished during a descent to the Titanic wreck on a tourist expedition, losing contact with its support ship.
Sydney has completed the rollout of its new Parramatta River Class ferry fleet, with the delivery of the final two vessels enabling the addition of 136 weekly services on the city's Parramatta River route.The final vessels, Norman Selfe and Jack Mundey, were designed by Incat Crowther and built by Richardson Devine Marine in Tasmania for Transport for New South Wales.
ABS has launched Eagle CRoute, an online tool designed to help containership operators improve operational flexibility through route-based lashing reduction factor calculations.Changing port rotations, blank sailings, evolving stowage plans and shifting geopolitical conditions are increasing pressure on operators to make faster loading decisions.
Autonomous vehicles are increasingly sophisticated defensive tools for ports wanting to protect against maritime threats - including attacks from other autonomous vehicles.In December 15 last year, the Security Service of Ukraine reported that its underwater drone had struck a Russian submarine in Novorossiysk. The incident highlighted just how sophisticated potential threats have become.
Peter Sand, Xeneta Chief Analyst:“The recent tariff ruling by the US Supreme Court will have knock-on impacts for ocean container shipping, but this will be nuanced and unlikely to cause a huge increase in frontloading demand, even though tariffs on some Chinese manufactured goods are lower today than a week ago.
Israeli forces boarded boats with foreign activists carrying aid to Gaza and took them to an Israeli port, disrupting a protest that had become one of most high-profile symbols of opposition to Israel's blockade of the enclave.A video from the Israeli foreign ministry verified by Reuters showed the most prominent of the flotilla's passengers, Swedish climate campaigner Greta Thunberg
Thousands of license applications by U.S. companies to export goods and technology around the globe, including to China, are in limbo because turmoil at the agency in charge of approving them has left it nearly paralyzed, two sources said.While U.S. Commerce Secretary Howard Lutnick has become a familiar face touting President Donald Trump's tariff and trade deals
Three cabinet-level South Korean officials met U.S. Commerce Secretary Howard Lutnick in Washington for trade talks, Seoul said on Wednesday, as top business leaders were also reported to be flying in to help lobby for a deal on U.S. tariffs.South Korean Finance Minister Koo Yun-cheol joined Industry Minister Kim Jung-kwan and Minister for Trade Yeo Han-koo
South Korean Finance Minister Koo Yun-cheol said on Tuesday he would seek a mutually beneficial trade deal when he meets U.S. Treasury Secretary Scott Bessent for talks this week, just days before an August 1 deadline expires to avoid punishing tariffs.Speaking at the airport before departing for Washington