One of Australia's biggest coal export ports will resume operations on Monday, the port operator said, after climate-change protesters disrupted shipping at the Port of Newcastle for a second day on Sunday.Climate activist group Rising Tide, which claimed responsibility for the latest protest, said hundreds of activists paddled kayaks into the shipping lane of Newcastle Harbour on Sunday morning
St. Catharines, Ontario–based Algoma Central Corporation (TSX: ALC) reported a solid third quarter for 2025, marked by fleet milestones, steady revenue growth across segments, and ongoing investment in next-generation vessels.For the quarter ended September 30, Algoma posted revenue of C$228 million, up from C$205 million a year earlier, and EBITDA of C$89.7 million, a 19% increase year-over-year.
Frederick Joseph Harris of Mystic CT, passed peacefully at 5:47PM on 10/24/2025, with his family by his side. “Fred” was born on 11/25/1944 at Framingham Union Hospital to Frederick Everett and MaryRosa Camilla Harris.Fred was a proud patriot who loved his country. Fred received his bachelor’s degree in Marine Engineering from Maine Maritime Academy (with Honors) in 1967.
U-Ming Marine Transport Corporation has completed the installation of four Rotor Sails on its very large ore carrier (VLOC) vessel Grand Pioneer, becoming the first Taiwanese shipowner to adopt the wind-assisted propulsion technology.The sails, supplied by U.K.-based Anemoi Marine Technologies, were installed on a 325
A Greek-operated bulk carrier, Magic Seas, sustained severe damage in a multi-pronged attack off the coast of Yemen on Sunday, believed to have been carried out by Houthi militants. All 19 crew members aboard were safely rescued and are expected to arrive in Djibouti later Monday, according to the ship’s operator, Stem Shipping.
Australia’s BHP Group has signed contracts with COSCO Shipping Bulk, a subsidiary of COSCO Shipping, for the charter of two ammonia dual-fueled Newcastlemax bulk carriers.The new vessels to be built under the arrangement will be two of only a handful of vessels in the world capable of using ammonia as a marine fuel.
Australia’s unique enclosed self-discharging transhippers ensure a dust-free supply chain for the Onslow Iron project.Onslow in north Western Australia is a desert. It receives less than 10 inches of rain a year, and for much of the year temperatures reach 95 degrees Fahrenheit. It’s known for dust storms that can turn the town red.
Benny Cenac Jr.’s Houma based Main Iron Works Company has completed the 10th boat newbuild for Ingram Marine Group. This partnership with Main Iron Works and Ingram began in 2021 and included the construction of 10 new towboats to be completed by the end of 2024. The first towboat, the Adrienne M.
The term gamechanger is often over used enough to be rendered meaningless, but the huge Simandou mine in the West African country of Guinea is going to be just that as its start up is set to rock the seaborne iron ore market.The first cargoes from the project may arrive by the end of this year and it's expected that it will ramp up to its full capacity of 120 million metric tons per annum fairly
James Fisher and Sons has ordered four new LNG dual-fuel tankers from China Merchants Jinling Shipyard (Yangzhou) Dingheng as part of its ‘fleet of the future’ business strategy.The new tankers, which will carry oil products and IMO Class II chemicals, will have LNG dual-fuel propulsion capability
The last 12 months has seen values rise to near-record levels across several sectors of the shipping industry, fuelled by the post-covid shipping boom and a strong newbuild market.The report states that the newbuild market experienced continued growth, with a notable rise in orders, particularly in the Post/Panamax and Capesize sectors.
Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting has been 70% below the yearly average. Declining freight rates in recent months, a cloudy outlook and high newbuilding prices contributed to the slowdown, and contracting in 2024 will likely fall short of 2023 levels,” says Filipe Gouveia, Shipping Analyst at BIMCO.