A.P. Moller-Maersk expects strong demand for shipping goods around the globe to continue in the coming months, though does not expect to resume sailing through the Suez Canal until "well into 2025".Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade
A strike by dockworkers on the U.S. East Coast and Gulf Coast that disrupted much of the nation's ocean shipping this week ended on Thursday, but a key issue driving labor unrest across the continent - the growing use of automation - was unresolved.Companies view automation as a path to better profit while unions see it as a job-killer.
Ponant’s Le Commandant Charcot became the first cruise ship to reach the North Pole of Inaccessibility on September 12.The North Pole of Inaccessibility is the point on the Arctic Ocean that is furthest from land. First described in 1909 by the Russian polar explorer Alexander Koltchak
A rare cruise by two German warships in the Indo-Pacific region will demonstrate a commitment to open navigation, the admiral in charge of the naval task force said on Friday, but he declined to confirm if they would transit the contested Taiwan Strait."Safe and secure sea lanes, especially from Southeast Asia as well as to Europe and America
Trader Gunvor and French major TotalEnergies have stored North Sea crude in at least four tankers in the past month as on-water stockpiling of the grades hits a 2-1/2 year high, a fresh sign of weak appetite for oil from refiners.At least 2.6 million barrels of North Sea crude grades Forties and Gullfaks have been put in floating storage in Europe, the highest volume since January 2022
Britain announced sanctions on Friday against three companies and one individual over what it called the "illicit ‘arms-for-oil’ trade" between Russia and North Korea.The announcement followed a decision by the United States to impose sanctions on two Russian individuals and three Russian companies for facilitating arms transfers between Russia and North Korea
Russia has been quietly shipping refined petroleum to North Korea at levels that appear to violate the mandates of the United Nations Security Council, a U.S. official said on Thursday, adding the U.S. is planning new sanctions in response.The disclosure came on the first day after a U.N. panel of experts monitoring enforcement of longstanding U.N.
QatarEnergy has signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 18 ultra-modern QC-Max size LNG vessels, marking a significant addition to its LNG fleet expansion program.The new vessels, with a capacity of 271,000 cubic meters each, will be constructed at China’s Hudong-Zhonghua Shipyard, a CSSC wholly-owned subsidiary
Salvage crews worked to lift the first piece of Baltimore's collapsed Francis Scott Key Bridge from the water on Saturday to allow barges and tugboats to access the disaster site, Maryland and U.S. officials said, the first step in a complex effort to reopen the city's blocked port.
The St. Marys River has reopened to vessel traffic after a U.S.-flagged Great Lakes freighter struck a channel light in the waterway.At approximately 1 a.m. on Thursday, the 730-foot bulk carrier American Mariner suffered a marine casualty and went bow-first into the Munuscong Junction Light, the U.S. Coast Guard said. The incident occurred in Munuscong Lake, which is a section of the St.
The wreck of a World War II-era freighter has been discovered in over 600 feet of water around 35 miles north of Michigan’s Keweenaw Peninsula.Over the last 7 years, shipwreck researcher Dan Fountain has been studying remote sensing data in the search for shipwrecks in Lake Superior.
Smyril Line announced it has signed a contract with the CIMC Raffles shipyard in China for the construction of two new vehicle carrier vessels.The ro-ro ships will each be 190 meters in length with 3,300 lane meters for trailers. They have been designed in close cooperation with naval architects Knud E. Hansen for year-round seaworthiness in the North Atlantic.