China's sanctions against five U.S.-linked affiliates of South Korean shipbuilder Hanwha Ocean are seen as a warning gesture without immediate impact, and Beijing is unlikely to gain much by expanding them, analysts said on Wednesday.The move, announced on Tuesday when the U.S. and China began charging additional port fees targeting each other's vessels
Operating one of the world’s largest marine fleets of any kind, it is Svitzer’s local footprint that speaks volumes for its diverse and far-flung workforce and assets. Strengthened by a multi-national team, providing value in more than three dozen countries, Svitzer stands out every day.
South Korean President Yoon Suk Yeol spoke with Donald Trump on Thursday and congratulated him on winning the U.S. presidency on the "Make America Great Again" slogan as officials in Seoul worked to prepare for "significant" economic changes.Yoon and Trump held a 12-minute phone call and discussed the close security and economic ties of their two countries across all areas
Mitsui O.S.K. Lines (MOL), HD Korea Shipbuilding & Offshore Engineering (HD KSOE), and HD Hyundai Heavy Industries (HHI) have secured an Approval in Principle (AiP) from Lloyd's Register for Floating Ammonia Cracker Unit (FACU), jointly developed by the group for onshore hydrogen supply.
The U.S. National Transportation Safety Board (NTSB) released its preliminary report on the May 17, 2025 collision between the Mexican Navy training vessel ARM Cuauhtémoc and the Brooklyn Bridge, stressing that the findings are not final and remain subject to change as the investigation continues.
The Government of Panama rejects the claims made by Mark D. Wallace, CEO of United Against Nuclear Iran (UANI) in recent publications circulated through the media and electronic mail worldwide. Panama, through its Panama Maritime Authority (referred to by its Spanish acronym AMP), the entity in charge of the Panama Ship Registry, as the governing body of the Panamanian maritime sector
Skyports Drone Services, a firm specializing in drone delivery and inspection services for healthcare, maritime, logistics and energy use cases, has been conducting a series of Proof-of-Concept Ship-to-Shore beyond visual line of sight (BVLOS) drone flights and deliveries in Michigan’s Great Lakes region.
Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a key issue in the drillship market: What happens to cold-stacked rigs that are unlikely to return to work? With the floater market showing signs of weakness and contract opportunities becoming scarcer, reactivating these units is proving even more challenging.
The U.S. aircraft carrier USS Carl Vinson arrived at the southern port city of Busan in South Korea on Sunday as a show of force against North Korea, South Korea's navy said.It is the first U.S. aircraft carrier to dock at a South Korean port since U.S. President Donald Trump's second term in office began in January.
American Fan working with Ingalls Shipbuilding and other shipbuilders to provide ventilation fans for ten Flight III destroyersFairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded multiple purchase orders for its Ohio-based business unit, American Fan
On the second full day of this year’s Passenger Vessel Association’s 2025 Maritrends conference, the weather probably couldn’t have been much nicer; especially when it involved a tour and test ride on the new Artemis Technologies EF-12 Escape.The high-end water taxi, in the process of being introduced to US markets, was everything its creators promised, and perhaps just a little more.
Recently, MarineNews sat down with Will Watson, Caterpillar Marine’s Product Manager, to discuss its rapidly emerging methanol engine development. Caterpillar Marine has already taken a considerable step forward in sustainability by planning to offer an upgrade kit for its methanol-fueled, dual-fuel Cat 3500E series engines.