Chile has launched a national naval shipbuilding policy, which will see the navy utilize domestic shipyards during the ongoing fleet renewal program. President Gabriel Boric signed the policy last week during a visit to the state-owned shipyard Asmar in Talcahuano port city. In June last year, Boric instructed the Ministries of Defense and Economy, […]
Value Maritime has secured funding from the Dutch government to install a new version of its carbon-capture technology aboard another vessel owned by repeat customer Samskip. Samskip has experience with Value Maritime’s scrubber/carbon capture systems. It has installed units aboard the boxships Samskip Innovator and Samskip Endeavor, two biofuel-driven feeders that operate between the […]
With global ship demolition at record low levels, Bangladesh’s shipbreaking industry has reported that 2024 saw a massive drop in scrap ship imports. Only 144 ships were sent to Bangladesh last year for recycling, equivalent to 968,000 GT, the lowest since 2005. As the leading global ship recycling destination, Bangladesh usually processes at least […]
Wind energy historically provided the basis for vessel propulsion, using sails and sometimes kites. During the 1920s, engineer Anton Flettner developed large cylinders spinning on a vertical axis to redirect a wind stream to produce vessel propulsion. There is scope to combine recent developments in multiple technologies with Flettner cylinders to enhance the performance […]
The shipping industry is looking for CO2-reducing alternatives to bunker fuel, and LNG has become the preferred alternative fuel of choice, according to data collected by DNV. DNV’s annual review shows that the shipping industry is forging ahead. Last year, a total of 515 alternative-fuel ships were ordered, representing a 38 percent year-on-year increase compared […]
[By Yan C. Bennett] As in his first term, Donald Trump should continue a resolute approach toward China in his second term. This approach was and is grounded in the belief that a more assertive posture will deter China’s expansionist ambitions, reinforce US credibility among allies and safeguard economic and technological leadership. Trump’s track […]
Salvors responding to the grounding of the self-unloader Algoma Verity have found that the vessel has damage to multiple tanks, the U.S. Coast Guard confirmed Friday. The Algoma Verity was northbound from the Port of Philadelphia when it went aground outside the main shipping channel on Wednesday night. The pilot of the 50,000 dwt […]
On Friday, German response authorities had to deploy multiple tugs to rescue a broken-down shadow fleet tanker laden with Russian oil, sparking a small political furor. According to Germany’s Central Command for Maritime Emergencies, the Eventin – formerly part of the Fractal Marine DMCC fleet – was under way from Russia to Egypt with about […]
On Friday, the Israeli Air Force carried out another round of retaliatory strikes against Houthi targets in western Yemen, including sites at the dual-use ports of Hodeidah and Ras Isa. An IDF source confirmed to the Jerusalem Post that U.S. and British forces were involved in the strikes, but that allied planes were assigned different […]
In the fast-changing world of satellite communications, Brent Bruun and his team at KVH are expanding their offerings and forging new solutions. Welcome, Brent! Tell us about yourself and your career to date. I started out by earning a B.S. in Accounting from Alfred University and became a certified public accountant. My involvement with […]
The U.S. Treasury has announced new action against the Russian “shadow fleet” with sanctions on an unprecedented 183 tankers, along with two Russian insurers specializing in questionable P&I cover. “The United States is taking sweeping action against Russia’s key source of revenue for funding its brutal and illegal war against Ukraine,” said Secretary of […]
Senegal and Mauritania are set to become major producers of natural gas after oil major BP announced the first gas flow from the offshore Greater Tortue Ahmeyim (GTA) project. In a development that is bound to put the two West Africa nations on the map of major hydrocarbon-producing nations, first gas started to flow from […]
