Shipbuilding News

 

Crowley and BWXT Working on Nuclear Power Generation Ships for Defense and Disaster Needs

Sep 20, 2023

Shipping and energy supply chain firm Crowley has teamed with nuclear power specialist BWX Technologies through a memorandum of understanding for a ship concept that, the companies say, has the potential to generate alternative, zero-carbon emission energy for defense and disaster needs by including a microreactor on board.The two U.S.-based companies will jointly pursue and develop opportunities relative to the design…

Positive Volumes for Dry Bulk Trade, but Prospects Set to Dampen

Sep 20, 2023

The unwinding of supply chain inefficiencies and rising vessel orders are set to dampen positive deadweight demand in the dry bulk market, according to Maritime Strategies International (MSI).COVID-related supply chain inefficiencies and associated…

Captain McManus Preps to Take the Helm of Empire State VII

Sep 19, 2023

Captain Morgan McManus will serve as the Ship’s Master on the Empire State VII, the first in a series of five National Security Multi-Mission Vessel (NSMV), which at press time was getting its post-sea trial finishing touches at Philly Shipyard…

Shallow Water, No Problem: HGK Orders Gas Tanker with "Special Dimensions"

Sep 18, 2023

Optimized to deal with shallow water levels, a diesel-electric drive system and an extra-wide design for the vessel are the main features of a gas tanker that HGK Shipping ordered from the Dutch shipyard, De Gerlien Van Tiem, on September 15…

Murdaugh Resigns as Austal USA President

Aug 30, 2023

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…

Insights: Maritime and an Honest Discussion About AI

Aug 30, 2023

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 Delivers LNG Dual-Fuel VLCC to Shell

Aug 28, 2023

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…

Shipowners, Port Operators Ramp Up Methanol-fueling Projects

Aug 21, 2023

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 Offers Insights on New EU Fuel Rules

Aug 18, 2023

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…

ZIM 2Q Revenues Plunge 62%

Aug 16, 2023

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 Orders New Hopper Dredge from Neptune

Aug 15, 2023

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 to Order Four Methanol-Ready Vessels

Aug 15, 2023

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 Plans 5G Roll-Out for Marine Economy

Aug 15, 2023

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…

Shipbreaking Prices Hit the Summer Doldrums

Aug 14, 2023

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…

After Attacking Ukraine Wheat Exports, Russia Faces Own Shipping Challenge

Aug 08, 2023

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…

Logistics News

BSG Acquires Maritime Software Company

BSG Acquires Maritime Software Company

US' MARAD Announces Grants to Boost Supply Chain Efficiency

US' MARAD Announces Grants to Boost Supply Chain Efficiency

PortLiner to Construct Electrolyte Bunkering Station in Hartelkanaal

PortLiner to Construct Electrolyte Bunkering Station in Hartelkanaal

Rotterdam and Singapore Ports Team Up to Slash Emissions

Rotterdam and Singapore Ports Team Up to Slash Emissions

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