A container ship will depart from South Korea bound for Europe via the Arctic on Saturday, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation.If successful, the trip would be South Korea's first such commercial voyage to Europe via the Arctic
The U.S. military said on Monday it destroyed six Iranian small boats and intercepted Iranian cruise missiles and drones as Tehran sought to thwart a new U.S. naval effort to open shipping through the Strait of Hormuz.U.S. President Donald Trump launched the operation, called Project Freedom, on Monday as he sought to wrest control of the critical waterway from Iran
The South Korean-owned Philly Shipyard in the United States does not currently have the capability to build a nuclear-powered submarine, Prime Minister Kim Min-seok said on Thursday during a parliamentary hearing.His remarks come after U.S. President Donald Trump wrote on social media last week that he had given approval for South Korea to build a nuclear-powered submarine and that it would be
China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact ambitious plans for shipbuilding cooperation between Seoul and Washington by disrupting supplies of Chinese equipment and materials, officials in Seoul said on Friday.Beijing announced the sanctions on Tuesday as the U.S.
A machine learning-driven web app providing whale and dolphin IDs from hydrophone recordings will represent Canada at the Grand Finale of international competition Ocean Hackathon 10.The winning project was chosen during the Victoria edition of 48-hour innovation sprint Ocean Hackathon 10 this past weekend, hosted by COAST, an initiative of the South Island Prosperity Partnership (SIPP)
A Ukrainian ex-military officer goes on trial in Germany on Wednesday, accused of organising the secret operation that blew up the Nord Stream gas pipelines in September 2022, severing western Europe from the biggest source of Russian natural gas.The suspect, identified under German privacy rules only as Serhii K.
As the conflict between the United States and Iran continues its seemingly never-ending dance between smolder and blaze, the prolonged closure of the Strait of Hormuz has captured the attention of maritime businesses seeking relief from the current turmoil and insight into the next geopolitical upheaval.
Ship-to-ship transfers in the Gulf of Oman for Middle Eastern oil from inside the Strait of Hormuz have reached their limits after Saudi Arabia diverted exports from the Red Sea, adding to shipments from other producers, trade sources and analysts said.The increasing amount of Saudi exports this month requires more supertankers to shuttle crude through Hormuz to conduct cargo transfers, they said.
Jan De Nul has ordered a second trenching support vessel designed to bury subsea energy cables as it expands its fleet for cable installation and protection.The new vessel will be an exact sister ship to the Isambard K. Brunel, which Jan De Nul ordered in March, and will carry a subsea trencher capable of burying cables as deep as five metres into the seabed.
Global stocks wavered on Tuesday, while oil prices were perched above $110 per barrel as the prospect of escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervy investors on the sidelines.Markets have been rattled since the U.S.-Israel war on Iran broke out at the end of February, with Tehran effectively closing the Strait of Hormuz
The Dutra Group, a California-based heavy civil marine contractor, has made a series of senior executive promotions across its core operations and newly acquired subsidiary, as it strengthens management capacity to support long-term growth.Bryan O’Sullivan has been appointed chief operating officer of the Dutra Group.
South Korea will seek to launch its first nuclear-powered submarine by the mid-2030s, under a new program aimed at countering North Korea's submarine-launched nuclear and missile threats, officials said on Tuesday.Seoul has long sought to join an elite group of nations operating nuclear-powered submarines in a move that could reshape Asia's security landscape and escalate an underwater arms race.