The future of the two insolvent German shipyards, Flensburger Schiffbau-Gesellschaft (FSG) and Nobiskrug, looks brighter as Lürssen Group moves to place a formal bid to take over the facilities of the Nobiskrug shipyard, while Heinrich Rönner Group agrees to buy the FSG.The insolvency administrators, Christoph Morgen of Brinkmann & Partner and Hendrik Gittermann of REIMER
Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in nearly 50 years, halting the flow of about half the nation's ocean shipping after negotiations for a new labor contract broke down over wages.The strike blocks everything from food to automobile shipments across dozens of ports from Maine to Texas
Hanwha Ocean on Wednesday announced it has secured a contract that makes it the first Korean shipbuilder to provide maintenance, repair, and overhaul (MRO) services for the U.S. Navy.The 40,000-ton U.S. Navy dry cargo and ammunition ship USNS Wally Schirra is undergoing maintenance and inspection at Hanwha Ocean’s Geoje shipyard
President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino.Speaking to a crowd of supporters in Arizona, Trump also said he would not let the canal fall into the "wrong hands
AST Reygar has introduced its BareFLEET remote monitoring system, a solution designed to optimize Service Operation Vessels (SOV) performance in real-time, while providing long-term operational insights.BareFLEET delivers actionable insights across key areas, including fuel consumption, emissions, vessel motion, gangway operability, and navigation activity.
- An expanding Hurricane Milton churned toward Florida's battered Gulf Coast on Tuesday, where more than 1 million people were ordered to evacuate a day before the monster storm is forecast to slam the Tampa Bay area.Milton, which exploded on Monday into one of the most intense Atlantic hurricanes on record, was forecast to make landfall late on Wednesday
The latest high-tech rigid hull inflatable boat (RHIB) from Annapolis, Md. based boatbuilder Ocean Craft Marine (OCM), the 11.5-meter Offshore Interceptor, is the result of an innovation push involving some of the industry’s top players.“The design itself is an evolution of existing designs we've done, but taking it to the next level,” said Todd Salus, OCM vice president of operations.
The Japan Energy Summit & Exhibition 2025 Executive Committee convened in Tokyo under the leadership of Nobuo Tanaka, Executive Director Emeritus, International Energy Agency (IEA), to define the event’s agenda and assess the challenges shaping Japan’s energy future.As Japan navigates LNG supply uncertainties, decarbonization targets, and evolving global energy partnerships
The crew of the U.S. Coast Guard Cutter Waesche (WMSL 751) will offload approximately 37,256 pounds of cocaine, valued at over $275 million, at 1:30 p.m. on Thursday at the 10th Avenue Marine Terminal in San Diego.The seized contraband is the result of 11 separate interdictions of suspected drug smuggling vessels off the coasts of Mexico, Central America
Tanco Terminals is constructing a $8.2 million expansion of its liquid tank farm at Ports of Indiana-Burns Harbor to support growth in Lake Michigan shipments. Tanco is a third-generation, family-owned business operated at the port since 1977.The company stores and performs value-added services for liquid cargoes, from petroleum to food-grade oils.
Hornblower Group has announced that Liz Crisafi will join the company as the Senior Vice President of Marketing, effective November 1.Reporting to CEO Mike Flaskey, Crisafi will lead global marketing activities, overseeing brand, communications, revenue optimization, digital and data strategy across Hornblower’s portfolio of water- and land-based experiences.
Power solutions companies Yanmar and Amogy are teaming up to explore ammonia-to-hydrogen integration for decarbonized power generation aboard marine vessels.The companies on Thursday announced they have entered into a memorandum of understanding (MOU) to integrate Amogy’s advanced ammonia-cracking technology into Yanmar’s hydrogen internal combustion engine (H2ICE).