Shares in South Korean shipbuilders HD Hyundai Heavy Industries and Hanwha Ocean rose more than 15% and 16%, respectively, today, after two U.S. senators debuted a bill to allow the U.S. Navy to build naval vessels in a shipyard located in a U.S. allied country.Senators Mike Lee (R-UT) and John Curtis (R-UT) have introduced two new bills aimed at enhancing the readiness and capabilities of the
It is no secret that today's focus of the U.S. Navy is preparing for the possibility of conflict in the Pacific by 2027, and a recent maritime exercise with the U.S. and the Philippines in the South China Sea - the fifth such publicized exercise - is a move that will likely irk China.The Philippine military said in a statement it held a "maritime cooperative activity" with the U.S.
Mining company Rio Tinto has reported that a deck fitter on board its bulk carrier RTM Zheng He, travelling from China to Western Australia, went missing.A deck fitter, named Gel Aguaviva, was reported missing on December 26, 2024.Rio Tinto said an extensive and ongoing search and rescue operation has been conducted over the past seven days
A Russian cargo ship called Ursa Major sank in the Mediterranean Sea after an explosion ripped through its engine room and two of its crew are still missing, the Russian Foreign Ministry said on Tuesday.The vessel, built in 2009, was controlled by Oboronlogistika, a company that is part of the Russian Defence Ministry's military construction operations
Fire broke out on a Japanese warship sailing near the western part of the country, causing one crew member to be hospitalized due to smoke inhalation, while another was missing, Japan's navy said on Sunday.The Japan Maritime Self-Defence Force (JMSDF) said the minesweeper Ukushima was sailing off the coast north of Fukuoka in the island of Kyushu when the fire occurred at around 9:40 a.m.
At least two people died and four were declared missing following the sinking of an oil barge operated by a contractor of Venezuelan state-run energy company PDVSA at Lake Maracaibo, PDVSA said on Thursday.Sources and an internal report from the company had indicated four fatalities from the accident earlier on Thursday. But PDVSA said rescue work to find the four missing people has not finished.
The Canadian Coast Guard has called off a search for a crewmember believed to have gone overboard from one of its icebreaker vessels off Newfoundland's northeast coast. The CCGS Vincent Massey crewmember, who was reportedly last seen aboard the ship on Sunday evening, was reported missing at 8:15 a.m. on Monday when the vessel arrived in St. John's.
A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing a large oil spill as coast guard rescuers search for a missing crew member, officials said.Sixteen of the 17 crew members of MT Terra Nova have been rescued, Transportation Secretary Jaime Bautista said, after the ship capsized off the coastal town of Limay in Bataan province.
Nine people were confirmed dead and four were still missing after a British-Norwegian fishing vessel sank off the coast of the Falkland Islands on Monday, the boat's owner said on Wednesday.A total of 27 crew members had been aboard the Argos Georgia, a Saint Helena-flagged vessel, of whom 14 have so far been found alive, Stig Ervik, CEO at Norway's Ervik Havfiske Holding, told Reuters.
The U.S., Canada and Finland will form a consortium to build icebreaker ships, a senior U.S. administration official said, a move intended to bolster the allies' shipbuilding and counter Russia and China in increasingly strategic polar regions.The initiative, called the Icebreaker Collaboration Effort or ICE pact
Missiles fired by Yemen's Houthi militants struck the Palau-flagged Verbena cargo ship in the Gulf of Aden on Thursday, sparking a fire and severely injuring one of her crew, U.S. Central Command said.The Iran-allied Houthis have launched dozens of attacks on international shipping in the Red Sea region since November in solidarity with the Palestinians in the war between Israel and Hamas.
Unified Command dive teams have recovered the body of a missing person at the Key Bridge incident site in Baltimore.The recovered individual was identified as 38-year-old Maynor Yasir Suazo-Sandoval.Unified Command salvage dive teams located what they believed to be the missing construction worker and notified the Maryland Department of State Police.