Encouraged by the success of a hybrid drives program, Siemens is going all out in Norway to automate production of that core marine energy storage enabler, the lithium battery. Offshore service vessel charterers, rig owners, ferry operators and ship owners are the target market. Trondheim’s technical university and a recent history of hosting battery makers and system integrators has made it
On April 30 the National Oceanic and Atmospheric Administration (NOAA) published a notice, requesting public comments, on a proposed “incidental harassment authorization” (IHA). An IHA is a legal and enforceable document presenting the terms and conditions with which a company must adhere in order to protect wildlife.
Unique among the nation’s armed services, the Coast Guard’s missions include national defense, law enforcement, natural disaster incident management, recreational boating safety and environmental protection. This diversity of mission scope presents opportunities for the Coast Guard at the strategic
Indian warships escorting merchant vessels in the Persian Gulf will remain deployed for the longer term, officials with direct knowledge of the matter said, as tensions between Iran and Western powers rise.But the two ships, backed by surveillance aircraft, will not be part of a military coalition that the United States is assembling to safeguard the waters off Iran near the Straits of Hormuz
For the second year straight, US-based Pangaea Logistics ranks highest among dry bulk owners based on Time Charter Earnings (TCE), according to a recent market benchmarking report.Notably, the Rhode Island-headquartered shipowner's 53.7% TCE performance is well above Hong Kong's Pacific Basin Shipping Ltd. (24.3%) and Thailand's Thoresen Thai Agencies (23.
When Philippine leader Rodrigo Duterte visits China this week, he'll need to salvage something from a "pivot" to Beijing that has left him empty-handed, and exposed his neighbours to a new level of brinkmanship in the South China Sea.Despite his huge domestic popularity and great affection for China, Duterte is under growing pressure to push back at its growing maritime assertiveness.
Look beneath the surface of a relatively calm month for long-term contracted ocean freight rates and, says Oslo-headquartered Xeneta, industry observers will see a maelstrom of activity, adjustments and market uncertainty.According to the latest XSI Public Indices report from Xeneta, the leading ocean freight rate benchmarking and market analytics platform
International Maritime Organization (IMO) said that the he entry into force of its Cape Town Agreement on fishing vessel safety will be crucial for improved safety at sea for fishers and will support the fight against illegal, unreported and unregulated fishing.According to a statement from the UN body, during a European Union High-level Ministerial Maritime Conference in Opatija
Finland has become the latest State to become Party to the Cape Town Agreement on fishing vessel safety, said International Maritime Organization (IMO).The Agreement outlines regulations designed to protect the safety of crews and observers and provides a level playing field for the industry while setting standards for fishing vessels of 24 meters length and over.
French shipping giant CMA CGM is joining forces with Energy Observer within a project focusing on testing the potential of hydrogen as a marine fuel.Energy Observer, formerly a racing catamaran, is now an experimental platform for tomorrow’s energy sources. It is sailing round the world in order to speed up development of the innovative solutions for the environment.
The International Maritime Organization (IMO) informed that the Sub-Committee on Implementation of IMO Instruments (III) brings together flag, port and coastal States, together with observer delegations, to consider implementation issues.At its sixth session (1-5 July), the Sub-Committee is expected to finalize updates to key instruments which assist in implementation, said the UN body.
Japanese shipping giant Nippon Yusen (NYK) has announced its support of recommendations by the Task Force on Climate-related Financial Disclosures (TCFD), in addition to the company’s participation in the TCFD Consortium established on May 27, 2019.NYK aims to improve its climate change–related disclosures through discussion and information-sharing in the consortium.