Hapag-Lloyd has ordered 24 new container ships from two Chinese shipyards with a combined investment volume of about $4 billion, it said on Wednesday.Twelve ships, each with a capacity of 16,800 TEUs (twenty-foot equivalent units), will be built by Yangzijiang Shipbuilding Group, while the other 12, with a capacity of 9,200 TEU each, will come from New Times Shipbuilding Company Ltd.
A series of "indescribable, unreasonable errors" by the crew led to the shipwreck in which British tech entrepreneur Mike Lynch and six others died earlier this week, the yacht manufacturer's CEO told Reuters on Thursday.The British-flagged Bayesian, a 56-meter-long (184-foot) superyacht with 22 people aboard - 12 passengers and 10 crew - capsized and sank on Monday within minutes of being hit
BW LPG on Thursday announced it has agreed to acquire 12 very large gas carriers (VLGC) from Avance Gas in a cash and stock deal valued at more than $1 billion.The deal will see Avance Gas sell off the entirety of its VLGC fleet, including four 91,000-cubic-meter (cbm) vessels built in South Korea in 2022 and 2023 and eight 83,000-cbm vessels built in China in 2015
The lead ship of Höegh Autoliners' Aurora class, Höegh Aurora, was delivered at a naming ceremony at China Merchants Heavy Industry’s (CMHI) shipyard in Jiangsu, China, on Tuesday.The newbuild is the first of 12 Aurora Class vessels being built by CMHI. Featuring 14 decks—including five liftable decks—the ship can carry up to 9,100 CEU
Höegh Autoliners' Höegh Aurora, the world's largest pure car and truck carrier (PCTC) vessel, will soon embark on its maiden voyage and commence commercial operations following delivery at a naming ceremony next week.The newbuild is the first of 12 Aurora Class vessels being built by China Merchants Heavy Industry, in China.
A collision between two tankers off Singapore in July raises questions over insurance claims, as one of the vessels previously shipped Iranian oil, potentially complicating payments due to Western sanctions, ship-trackers and industry sources say.What happened?The Singapore-flagged Hafnia Nile and the Sao Tome and Principe-flagged Ceres I collided and caught fire about 55 km (35 miles) northeast
The first-of-its-kind hydrogen-fueled ferry Sea Change will soon begin public service, providing zero-emissions transport for passengers in San Francisco Bay.The groundbreaking commercial passenger vessel is the world’s first powered 100% by zero-emission hydrogen fuel cells. It was developed by owner SWITCH Maritime with grant support from the California Air Resources Board (CARB) as a solution
The crew of a Greek-owned vessel damaged in an attack by Yemeni Houthi militants has been evacuated, and the abandoned ship is drifting in the Red Sea, the United Kingdom Maritime Trade Operations said on Friday.One sailor from Tutor, the Liberia-flagged coal carrier, remains missing, officials in the Philippines said.
The crew of a Greek-owned vessel Tutor that was damaged in an attack by Yemeni Houthi militants in the Red Sea should be rescued within the day although one sailor is still missing, the Philippines said on Friday.The attack near the Yemeni port of Hodeidah on Wednesday caused severe flooding and damage to the engine room and left the Tutor, a Liberia-flagged coal carrier, unable to maneuver.
India's ship certification agency has withdrawn safety cover issued to Russian oil tankers that have been placed under U.S. sanctions, according to its website, with the vessels instead turning to a domestic provider.Major insurers and ship engine makers have already withdrawn cover for Russia's tanker fleet
The first towboat of 2024 passed through Lock and Dam 2, in Hastings, Minn. on Sunday, signaling the start of this year's navigation season on the Mississippi River.The U.S. Army Corps of Engineers' St. Paul District said it considers the first tow to arrive at Lock and Dam 2 as the unofficial start of the Mississippi River navigation season
Philippine President Ferdinand R. Marcos Jr. has skipped COP28 in Dubai to personally address “important developments” in the hostage situation involving 17 Filipino seafarers.He is convening a meeting to facilitate the dispatch of a high-level delegation to Tehran, Iran, with the aim of providing necessary assistance to the seafarers.