Vessels owned or operated by U.S. firms and individuals - or those built in the United States or that fly the U.S. flag - will be charged additional port fees per voyage starting on October 14, China's transport ministry said.The fees are a counter-measure against upcoming U.S. port fees on Chinese ships, the ministry said on Friday.
Offshore wind developer Orsted won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump's opposition to the renewable energy source.The stakes are high for the Danish state-controlled firm
Fears of an environmental disaster eased on Wednesday, two days after a container ship ploughed into a stationary U.S. fuel tanker off northeast England, as the vessel's owner said the detained captain was a Russian national.The Portuguese-flagged Solong had crashed with no obvious explanation into the larger Stena Immaculate, a tanker carrying jet fuel for the U.S. military.
Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said.The U.S. Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas
Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by trying to choke off Kremlin revenue.In October, the European Union approved new sanctions against Russia that ban Russian LNG imports from January 1, 2027, and Britain and the U.S.
Seaspan Shipyards has awarded a contract to Elomatic Consulting, an international consulting and engineering company, to provide engineering and design support services for the Canadian Coast Guard’s Polar Icebreaker build contract.As one of the primary partners throughout the functional and production design phases of the Polar project
Seaspan Shipyards has signed a contract with Newfoundland-based Genoa Design International to provide technical design services for the Canadian Coast Guard’s new heavy polar icebreaker.Under the deal, Genoa will expand its workforce to more than 100 naval architecture and marine systems designers as it supports the vessel’s design and build phases at Vancouver Shipyards
SCHOTTEL is equipping the world's first large purpose-built dual-fuel methanol escort tugs based on the Robert Allan Ltd. RASalvor 4400-DFM design for towage company KOTUG Canada with rudderpropellers featuring the mechanical hybrid solution SYDRIVE-M. The tugs—to be named SD Aisemaht and SD Qwiy Aanitsa Sarah—are currently in the final stages of construction at Turkish Sanmar Shipyards.
Four Seasons Yachts reports the appointment of Kate McCue as the inaugural Captain of Four Seasons l, the first ultra-luxury yacht in the highly anticipated fleet. A graduate of the California Maritime Academy, Captain Kate brings nearly three decades of maritime expertise, combining technical precision with a passion for hospitality to create a truly transformative yachting experience.
U.S. President Donald Trump has postponed a phone call with Panamanian President Jose Raul Mulino due to last-minute changes in the U.S. leader's agenda, Panama's government said on Friday, amid tensions over U.S. threats to take over the Panama Canal.Panama's foreign office will share details on the new date once it has been coordinated, the government said.Mulino has accused the U.S.
The Baltic Exchange's dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, extended losses to a 23-month low on Thursday, dragged by weaker rates across all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 69 points to 824 points, hitting its lowest since February 2023.
President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies.The Republican's executive order, which was expected