Rusty Murdaugh has resigned as president of Austal USA effective August 30, 2023, the Mobile, Ala. based shipbuilder announced.Murdaugh was named president in September 2021 after serving as acting president since February 2021. During his tenure…
The maritime industry is often criticized as being slow to adopt new technologies. While ship building is an age-old industry, it is also varied: fishing, commercial, inland, marine construction, energy, passenger, recreation, defense, and the list goes on…
AET delivered its newest vessel, the first of three Very Large Crude Carrier (VLCC) powered by dual-fuel liquefied natural gas (LNG) engines, on long-term charter to Shell Tankers (Singapore) Private Limited.The Malaysian-flagged Eagle Vellore was named at a ceremony at the MMHE Pasir Gudang yard…
Interest in methanol as an alternative fuel has grown in the shipping industry, which seeks to achieve net-zero emissions by 2050.Below is a list of upcoming methanol bunkering-related projects by companies and ports:COMPANIES:A.P. Moller-MaerskMaersk…
ClassNK recently released FAQs on the FuelEU Maritime (1st Edition), an overview and necessary preparation for FuelEU Maritime, regulations newly introduced by the European Union (EU) to promote the decarbonization of fuels used on board ships…
Pain in the containershipping sector is not uncommon in 2023, and Israel's ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is no exception, today reporting 2Q and six month results:Net loss for the second quarter was $213 million, negatively…
PD Ports in the U.K. has ordered a new dredging vessel from Dutch shipbuilder Neptune Marine.The 71-meter-long hopper dredge, which has already been named the Emerald Duchess following a competition among PD Ports employees, was ordered for £23 million and will arrive at Teesport next summer…
Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a letter of intent for the delivery of four 9,350 CEU methanol-capable and ammonia-ready vessels and individual options for an additional eight vessels. The four vessels…
Shanghai’s local government plans to provide oceanic coverage of 5G networks by 2024.China Daily reports that Shanghai will build an integrated network connecting all land, sea, air and space internet infrastructure platforms. The development of navigation…
According to GMS, it has been another intensely inert week in the Indian sub-continent ship recycling markets, with Bangladesh sinking to the bottom of the price-ranking board and neighboring India & Pakistan taking the lead (in terms of pricing…
Russia's lack of ships and Western grain traders' shrinking appetite for business with Moscow are adding to rising costs of moving Russian wheat, at a time when the war in Ukraine has spilled perilously close to vital Black Sea supply routes…
Damen Shipyards Group recently signed a contract with UK Dredging for the delivery of a Shoalbuster 2711 Water Injection Dredger (WID).UK Dredging, part of Associated British Ports (ABP), operates Britain’s largest dredging fleet. Among its vessels are a number of Damen dredgers and workboats…
The Port of Klaipėda has placed an order worth roughly €11 million for the design and construction of a fully electric tanker that will collect waste from other vessels arriving at the port.The project marks the first large collaboration between Baltic Workboats and Western Baltija Shipbuilding…
OCI Global will supply X-Press Feeders with OCI HyFuels green methanol for their newbuild methanol dual-fueled common feeder ships from 2024.The green methanol will be used to fuel X-Press Feeders’ upcoming dual-fuel vessels servicing European…
Maersk and Hong Lam Marine have conducted the world’s first ship-to-container ship methanol bunkering operation of a Maersk’s container vessel at the Raffles Reserved Anchorage in Singapore.This was also Singapore’s first methanol bunkering…
