McAllister Towing’s newest tractor tug, the Gerard McAllister, was delivered from Washburn & Doughty, the fifth in a series of six 84-metric-ton bollard pull, low-emission tractor tugs. She is McAllister’s 42nd tractor tug and the 13th with over 80 metric tons of bollard pull, underscoring the company’s continuation toward a more powerful, hi-tech, and sustainable fleet.
South Korea's HD Hyundai Heavy Industries, the world's biggest shipbuilder, said on Wednesday that it plans to merge with its affiliate HD Hyundai Mipo as it targets a bigger slice of the U.S. shipbuilding market.With the merger, the company said it aims to lead U.S.-Korea shipbuilding cooperation projects touted during a recent summit between the leaders of the countries that Seoul has dubbed
The American Association of Port Authorities (AAPA) and a broad coalition of every donor and energy transfer port have sent the House and Senate Appropriations Committees and the Energy and Water Development Subcommittees leaders a letter, urging them to reverse a funding diversion and restore critical support for ports through the FY2026 appropriations process.
Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels.The challenges facing the sector have exposed its initial ambitions as unrealistic.Hard-to-electrify industries that were seen as ideal candidates for green hydrogen, such as steelmaking and long-distance transportation
Most European ports are lagging in installing the shore-side electrical infrastructure needed for ships to switch from highly polluting marine fuel to cleaner electricity while docked, a new study showed on Tuesday.European Union environmental rules have set a 2030 deadline for maritime ports to install the infrastructure to provide what is known as onshore power supply (OPS).
The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates, but the situation remains far from certain.
Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods and raising the stakes in a trade war that threatens to up-end global supply chains.China's retaliation intensified the economic turmoil unleashed by Trump's tariffs
When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realize a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia.Trump and his energy tsar Doug Burgum framed the venture as a way for Japan to replace Middle East energy shipments and address its trade imbalance with the U.S.
French ship owner Louis Dreyfus Armateurs (LDA) has selected SALT as the naval architect and Shanghai Zhenhua Heavy Industries Company (ZPMC) as the shipyard for the construction of three new service operation vessels (SOVs) ordered by Vattenfall.SALT, an offshore vessel designer and long-time partner of LDA, has been entrusted with the development of the new SOVs.
Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring the situation in the Middle East and would return to the Red Sea once it was safe to do so."The agreement has only just been reached.
The last 12 months has seen values rise to near-record levels across several sectors of the shipping industry, fuelled by the post-covid shipping boom and a strong newbuild market.The report states that the newbuild market experienced continued growth, with a notable rise in orders, particularly in the Post/Panamax and Capesize sectors.
U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S. East and Gulf Coasts, whose labor talks are at an impasse over that polarizing issue.The ILA and the United States Maritime Alliance (USMX) employer group are facing a Jan. 15 deadline to finalize talks, which stalled over automation.