The American Boat & Yacht Council (ABYC) welcomed new board members and honored industry leaders at its annual meeting on Jan. 6 in San Antonio, Texas. The event marked the official start of ABYC Standards Week, where experts across the marine…
When the USS Fort Lauderdale (LPD 28) docked at Naval Station Newport in Rhode Island from Nov. 21-24, it was especially meaningful for a Naval Undersea Warfare Center (NUWC) Division Newport employee whose family name is linked to the ship’s name…
The Offshore Marine Service Association (OMSA) announced that Rear Admiral Richard V. Timme, U.S. Coast Guard (Ret.), has joined OMSA as a Senior Advisor.This appointment underscores OMSA’s longstanding commitment to working collaboratively with the U…
Clarksons Research have released their latest annual review of shipbuilding markets, including full year 2024 data points, tracking key developments across a strong year for the shipbuilding industry.Summarising the annual review, Steve Gordon…
All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dipped to a more-than-17-month low on Wednesday, hurt by falling rates across all vessel segments.The index, which factors in rates for capesize…
The new line handlers joining SAAM Towage Canada's fleet were unloaded from the MV Jumbo at the Port of Vancouver on January 6th after completing their journey from Hong Kong.“These multipurpose vessels play a key role in berthing and unberthing…
Shipments of iron ore on the Great Lakes totaled 4.6 million tons in December, a decrease of 4.5 percent compared to a year ago. Shipments were just slightly above the 5-year average for the month.The year-end total for the iron ore trade stands at 49…
“At the end of 2024, the container ship order book was 8.3m TEU, a new record compared with the previous high of 7.8m TEU in early 2023,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.As 4.4m TEU were contracted during 2024, the second highest ever…
In his New Year’s greetings, NYK President Takaya Soga reflected on the disasters of 2024 and looked forward to change in 2025.“This year is the Year of the Snake, and when combining the 12 zodiac signs with the 10 heavenly stems, it is referred to as ‘Kinotomi…
American Cruise Lines is pleased to announce their biggest Alaska cruise season ever. The company will have 2 small ships in Alaska and 5 extraordinary itineraries, delivering once-in-a-lifetime experiences aboard sailings operating this May through September…
Achilles Information Ltd (“Achilles”) announced that it has acquired the assets of Global Risk Management Solutions (GRMS), a provider of supplier risk management programs based in Irvine, California. This latest transaction builds on the success…
President-elect Donald Trump declined on Monday to rule out military or economic action as part of his avowed desire to have the U.S. take back control of the Panama Canal and acquire Danish-controlled Greenland.Asked at a press conference whether…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended declines on Tuesday, hurt by falling rates across the capesize and supramax segments.The index, which factors in rates for capesize…
Finnish police said on Tuesday they had recovered a lost anchor from the seabed as part of an investigation of suspected sabotage against power and internet cables in the Baltic Sea.Finland last month seized the Eagle S tanker carrying Russian…