Shipping giant CMA CGM said on Thursday that brisk international trade and Red Sea disruption supported its main maritime division in the second quarter and should limit any market slowdown later this year as new ship capacity arrives.The world's third-largest container shipping line reported a 6.8% year-on-year increase in volumes in the second quarter.
Salvors have recovered Fiji's naval patrol boat RFNS Puamau, three weeks after the brand new vessel went aground on its maiden patrol.The vessel was successfully recovered from the reef at Fulaga and towed to the safe waters of Ogea Island where a thorough damage assessment will be conducted, the Republic of Fiji Navy said.
An oil spill from a runaway barge that struck a bridge near Galveston has been contained, the U.S. Coast Guard said on Thursday.At approximately 10 a.m. Wednesday, Martin Marine's barge MMLP 321 broke loose due to a break in the coupling and allided with the Pelican Island Causeway bridge, which connects Galveston Island and Pelican Island in Texas.
Eastern Shipbuilding Group (ESG) on Friday held a launch and christening ceremony for the ferry Long Island at its Allanton Shipyard in Panama City, Fla.Scheduled to be delivered later this year, the new Subchapter H passenger and auto ferry is being built for Bridgeport & Port Jefferson Steamboat Company, a subsidiary of McAllister Towing, for operations between Bridgeport, Conn.
Taiwan dispatched coast guard boats on Thursday to join a rescue mission at China's request after a fishing vessel capsized near the Taiwan-controlled Kinmen islands, amid heightened tension in the sensitive Taiwan Strait.China claims democratically-governed Taiwan as its own territory, over the island's strong objections, and has stepped up military activities near it in recent years
An oil leak from a barge carrying up to 35,000 barrels of fuel oil that capsized in early February off the Caribbean island of Tobago has stopped, said the twin islands' government on Thursday.The spill, which was first spotted off the coast of Tobago's Atlantic coast on Feb. 7, damaged some of the island's mangrove and threatened its tourism and fishing sector.
Canada's BC Ferries announced Dutch shipbuilding conglomerate Damen Shipyards Group has been selected to build its four new hybrid electric Island Class vessels.Damen, the same shipbuilder that built BC Ferries’ previous six Island Class ferries between 2020 and 2022, will construct the vessels in Romania, after its bid was selected from among several proposals received from around the world.
The Marshall Islands-flagged tanker seized by Iran in the Gulf of Oman on Thursday has been located east of Iran's Qeshm Island, monitoring service TankerTrackers.com said in a post on social media platform X.Iran seized the St Nikolas, loaded with Iraqi crude destined for Turkey, in retaliation for the confiscation last year of the same vessel and its Iranian oil cargo by the United States
The U.S Federal Permitting Improvement Steering Council on Thursday approved the construction of a $1.5 billion offshore wind farm off the coast of Rhode Island.The project, Revolution Wind, is run by Danish company Orsted and U.S.-based Eversource, and would bring a total of 704 megawatts (MW) clean energy to Connecticut and Rhode Island.
U.S.-based offshore vessel operator Hornbeck Offshore Services confirmed Monday it had reached a final settlement agreement with the surety (the “Surety”) for two Multi-Purpose Support Vessels (MPSVs) that had been under construction at Gulf Island Shipyards.Gulf Island Shipyards (GIS) sued Hornbeck Offshore in 2018 over what it said was the wrongful termination of two shipyard construction
Iran's Revolutionary Guards' navy has unveiled new vessels equipped with 600-km range missiles at a time of rising tensions with the U.S. in the Gulf, the semi-official Tasnim news agency reported on Wednesday.The announcement was made during a military exercise off the coast of Abu Musa island, one of three Gulf islands under Iranian control but disputed by the United Arab Emirates.
Washington Island Ferry Line (WIFL) has been the essential link between the residents, business and visitors of Washington Island and Wisconsin's Door Peninsula for more than eight decades.Picturesque and peaceful Door County isn't named for some intrepid settlers named Door. The name has a more ominous meaning.