The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the G7's price cap, as Washington seeks to close loopholes in the mechanism designed to punish Moscow for its war in Ukraine.The U.S. Treasury Department in a statement said it slapped sanctions on three United Arab Emirates-based companies and three vessels owned by them in the action
DP World Australia, one of the country's largest ports operators, said on Monday operations had resumed at all its facilities after a cyber security incident forced it to suspend operations for three days.The breach had crippled operations at the company, which manages about 40% of the goods that flow in and out of Australia, affecting its container terminals in Melbourne, Sydney
The United States' first plug-in hybrid electric inland towing vessel was christened at a ceremony in Houston on Friday as the commercial marine industry continues to implement new technologies to reduce its environmental footprint.Kirby Inland Marine's Green Diamond will be time chartered by Shell Trading (US) Company, which will use the vessel to push barges throughout the Houston port region.
Future Proof Shipping's inland container vessel FPS Waal has arrived at Holland Shipyards Group's yard in Werkendam, the Netherlands for the start of its conversion to enable operations on zero-emissions hydrogen power.Building upon the foundation laid by Future Proof Shipping's previously converted FPS Maas—now H2 Barge 1—all the vessel’s internal combustion engines will be removed and a new
Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on Monday quit a U.N.-backed deal that allows the export of grain through a wartime Black Sea safe corridor, industry sources said.The agreement, brokered by Turkey last July, aimed to alleviate a global food crisis by allowing Ukrainian grain blocked by Russia's February 2022 invasion of its
Naval History and Heritage Command confirmed the identity of a wreck site as USS Ommaney Bay (CVE 79) July 10. While operating in the Sulu Sea, Ommaney Bay was hit and eventually mortally wounded by a twin-engine Japanese suicide plane on Jan. 4, 1945.NHHC’s Underwater Archaeology Branch used a combination of survey information provided by the Sea Scan Survey team and video footage provided by
Dutch shipping company Future Proof Shipping (FPS) on Thursday officially launched the first hydrogen-powered zero-emissions inland container ship, H2 Barge 1, in Rotterdam, the Netherlands.Earlier in the week, Nike introduced the H2 Barge 1 at its European Logistics Campus in Laakdal, Belgium.
A.P. Møller Holding A/S has acquired offshore vessel services firm Maersk Supply Service A/S from A.P. Møller – Mærsk A/S, through the closing of the previously announced transaction.In connection with the closing of this acquisition, A.P. Moller Holding has elected a new CEO and Board of Directors for Maersk Supply Service A/S. Christian M.
U.S. and Philippine armed forces unleashed a volley of missiles on a mock enemy warship in the South China Sea on Wednesday, in a show of military power and a strengthening alliance at a time of rising regional tension.Philippine President Ferdinand Marcos Jr watched from a four-storey tower as a high mobility artillery rocket system (HIMARS) fired rockets at a decommissioned navy corvette in
Philippine rescuers searched the smoldering ruins of a burnt-out ferry on Thursday for any survivors or more victims of a fire that swept through the inter-island vessel killing 29 people, including a 6-month-old baby, authorities said.Investigators have yet to identify the cause of the fire that started at about 11 p.m.
An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group Inc is entitled to overtime pay, the U.S. Supreme Court ruled on Wednesday in a decision with costly implications for the oil and gas industry.The court in a 6-3 decision authored by liberal Justice Elena Kagan decided that because the rig supervisor, Michael Hewitt
A grounding incident was avoided thanks to swift action by a team of harbor tugs and pilots aboard a Panamanian registered containership that lost power in Southampton, U.K., according to a local pilots group.At around 11 a.m. on January 26, the 20,000 TEU containership MOL Treasure departed the Port of Southampton bound for Le Harve, amid good, though gusty, weather conditions