A Russian cargo ship that ran into trouble on Monday in the Mediterranean Sea and later sank was rocked by a series of three explosions in "an act of terrorism," state news agency RIA cited the vessel's owner as saying on Wednesday.Russia's Foreign Ministry said on Tuesday that the "Ursa Major," built in 2009
A Russian cargo ship called Ursa Major sank in the Mediterranean Sea after an explosion ripped through its engine room and two of its crew are still missing, the Russian Foreign Ministry said on Tuesday.The vessel, built in 2009, was controlled by Oboronlogistika, a company that is part of the Russian Defence Ministry's military construction operations
The bulk carrier Bunun Ace and the Ayed 1, a bulk carrier that appears to have been converted to carry livestock, were involved in a collision in the Bosphorus Strait on October 3.The Turkish Directorate General of Coastal Safety said the Bunun Ace was heading towards the Üsküdar coast, and the swift action of the tug Kurtarma-5 averted the vessel from running aground.
South Korean shipbuilder Hanwha Ocean aims to boost its revenue from overseas military vessels to around 4 trillion won ($2.91 billion) by 2030 and hopes to pick up more repair orders from the U.S. Navy, a senior executive told Reuters.The Asian country is a major global shipbuilder and trade talks with the U.S. on tariffs brought up possible cooperation in the sector after U.S.
From June 18-20, 2025, the Japan Energy Summit & Exhibition will return to Tokyo Big Sight, convening global energy leaders, influential policymakers, and industry executives to advance Japan’s energy transition, investment landscape, and strategic role in the global energy system.
South Korea's business leaders are taking action to offset the threat posed by U.S. President Donald Trump's aggressive trade policies, hiring his former aides and lobbying Republican states out of frustration with delays by their own government which is mired in a political crisis.
Seakeeper’s motion control technology can improve the performance of even the most impressive of workboats. Partnering with Seakeeper and Gladding-Hearn, the Charleston Pilots did just that, once again setting the bar for excellence.On a beautiful Autumn afternoon in Charleston, SC, way back in 2014, MarineNews had the good fortune to attend the christening on the nation’s first dual purpose
Kongsberg Maritime has secured a contract with Golar LNG, valued over $25 million, to provide an integrated package of electrical, control, safety and propulsion systems for the Golar MK II floating liquified natural gas (FLNG) vessel.Konsberg’s equipment will form key part of the new onboard systems for a major rebuild project in which Golar’s LNG tanker Fuji LNG
Estonian State Fleet announced a call for tender for the design and construction of a new, battery-powered electric ferry to serve the main islands in Estonia. "I’m proud to see Estonia leading the way in adopting environmentally sustainable technologies in the maritime sector to achieve this," said Estonian Minister of Infrastructure, Vladimir Svet.
South Korean firms Korea Midland Power Co (KOMIPO), Korea Southern Power Co (KOSPO) and SK subsidiary PRISM Energy International have issued a tender for one liquefied natural gas (LNG) cargo for delivery in June.According to a tender issued by KOMIPO, which is leading the tender process, the buyers are seeking 3-3.
Amogy, a provider of ammonia-to-power solutions has announced the expansion of its operations into South Korea with the opening of an office in the Pangyo Techno Valley.This will Amogy close to established investors and partners, including SK Innovation, Samsung Heavy Industries, HD Hyundai, Hanwha, SV Investment, and Korea Zinc.
Esgian provides an update on new contract awards for floating rigs in its Week 37 Rig Analytics Market Roundup.Report SummaryContractsTransocean Ltd. has secured a 365-day contract for the 12,000-ft drillship Deepwater Atlas with bp in the US GOM.Norwegian operator Aker BP has extended the contract for Saipem’s 10,000-ft semisub Scarabeo 8 in Norway.