The American Great Lakes Ports Association has signed a Memorandum of Understanding (MoU) with the Great Lakes Alliance of Shipyards to advance shared priorities in domestic shipbuilding and commerce.The MoU marks the first formal partnership between the U.S. Great Lakes port and shipyard communities.
For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. Today, however, combined pressures of decarbonization, energy security, land constraints, rising electricity demand and water scarcity are making floating nuclear power a more serious proposition for policymakers, utilities
The U.S. Coast Guard commissioned its newest Fast Response Cutter, USCGC Vincent Danz (WPC 1162), for official entry into its service fleet during a ceremony held in New York City on Friday.The Vice Commandant of the Coast Guard, Vice Adm. Thomas Allan, presided over the ceremony. Members of the Danz family were also in attendance, including the cutter's sponsor, Angela Donohue
Danish shipping group Maersk on Thursday raised its full-year earnings guidance for a second time this year and smashed profit forecasts as global container demand proved resilient in the face of the Middle East conflict.Surging freight rates, fuelled by gridlocked ports and strong Chinese export growth, delivered a windfall that dwarfed the additional costs caused by Middle East disruption
Philippine President Ferdinand Marcos Jr. will summon China's ambassador in Manila, his office said on Tuesday, hours after Manila's envoy in Beijing was similarly summoned following accusations by both sides of provoking tensions in the contested South China Sea.Presidential Communications Undersecretary Claire Castro confirmed to reporters Marcos had summoned Chinese Ambassador Jing Quan at 5 p.
The U.S. Coast Guard commissioned its newest Fast Response Cutter, USCGC Vincent Danz (WPC 1162), for official entry into its service fleet during a ceremony held in New York City on Friday.The Vice Commandant of the Coast Guard, Vice Adm. Thomas Allan, presided over the ceremony. Members of the Danz family were also in attendance, including the cutter's sponsor, Ms.
Suspected pirates have boarded a St. Kitts and Nevis-flagged general cargo vessel off Somalia's waters and were sailing it towards the Somali coastline, British maritime security groups Vanguard and Ambrey said.Somali pirates caused havoc in the waters off the Horn of Africa nation's long coastline between 2008 and 2018. After a lull, pirate activity started to pick up again in late 2023.
Wah Kwong NatPower and Huzhou Wuxing Ruituo Energy have signed a memorandum of understanding to develop zero-carbon inland shipping corridors, focusing on electrification infrastructure across key waterways in China.The partnership will establish a network of electric vessel charging and battery-swapping facilities, integrating energy supply
Cavotec has appointed Erik Lyrvall, Head of Strategy and M&A, as a member of Cavotec’s Group Management. Erik joined Cavotec in autumn 2024 when he took up the position of Head of Strategy.In his role, Erik is responsible for driving the group’s strategic direction, leading M&A activities, evaluating partnerships and go-to-market strategies
Shipping group Maersk will take steps to resume navigation through the Red Sea via the Suez Canal as soon as conditions allow, CEO Vincent Clerc said on Tuesday.The Suez Canal Authority said in a statement that Maersk container ships will resume transit via the canal on a partial basis from the beginning of December prior to a full return but a Maersk spokesperson said the company had not set a
HII announced that Roger Kelly has been promoted to vice president of contracts and pricing at its Newport News Shipbuilding division. Kelly succeeds Matt Mulherin Jr., who has been appointed vice president of supply chain and strategic sourcing at NNS.Kelly will have overall responsibility for contracts, pricing, and export/import licensing and compliance for NNS.
Offshore service provider OS Energy has adopted Sonardyne’s SPRINT-Nav DP dynamic positioning (DP) reference system to support its marine renewable energy projects in the North and Baltic Seas. SPRINT-Nav DP will enable OS Energy to maintain DP integrity, even in shallow water and GNSS-compromised environments that are increasingly characteristic of offshore wind construction and maintenance