Petrobras announced plans for an investment of $2.73 billion as part of an effort to modernize its offshore support vessel fleet. The company looks to expand its capabilities while also enhancing the performance of its vessels. Contracts were signed for the construction and chartering of a dozen Platform Supply Vessels (PSVs) to be introduced […]
Spain’s Iberdrola and Japan’s Kansai Electric Power look to expand their collaboration to grow both companies’ participation in renewable energy. As a next step, the companies reported an agreement for Kansai to acquire 49 percent of an under-construction offshore wind farm in Germany. It marks Kansai’s entry into the German offshore market as it […]
With just one month left on the master contract for the International Lonshoremen’s Association, the American Apparel & Footware Association is calling on the union to resume the negotiations now that it has received the support of Donald Trump. Yesterday, December 12, President-elect Donald Trump issued a strongly worded support of the ILA in its […]
Fossil fuels have dominated marine propulsion for over a century. Since the first Industrial Revolution, industries have increasingly mechanized operations based on a foundation of hydrocarbon-based energy. The maritime industry was no exception, although it took a slow-to-adopt approach that’s become its trademark. In the transitions from sail to steam to internal combustion engines, […]
Cyprus-based Castor Maritime led by Petros Panagiotidis is expanding its role in containership to take advantage of the hot charter market. Castor reports it has agreed to acquire 74 percent of Frankfurt-listed investment and asset manager MPC Münchmeyer Petersen Capital, which in turn controls MPC Container Ships as well as MPC Energy Solutions. Castor Maritime […]
The containership Kaimana Hila (50,981 dwt) has returned to service after completing the third LNG conversion for Matson. When she was completed in 2019, Matson highlighted that commercial supplies of LNG were not available along its network but the vessel along with her sister ship Daniel K. Inouye were designed LNG-ready anticipating a future conversion. […]
The HMS Triumph, the last of the Trafalgar Class submarines built at the end of the Cold War, arrived in Plymouth, England ahead of her official decommissioning ceremony early in 2025. The Royal Navy nuclear-powered attack submarine had a distinguished career including on the frontline in the Afghanistan war and played a central role […]
During a briefing on Friday, December 13, in Manila, Commodore Jay Tarriela of the Philippine Coast Guard accused a China Coast Guard vessel and dredgers of AIS Spoofing to create panic and uncertainty. Tarriela presented a 60-day analysis of the AIS track of CCG 21543 saying it is evident the vessel “could not realistically navigate […]
[By: Damen Naval] Combat Support Ship (CSS) Den Helder (A834) arrived in Vlissingen this morning after successfully completing her maiden voyage and sea trials. The new supply ship for the Royal Netherlands Navy departed from the Damen Naval shipyard in Gala?i, Romania on 16 November for her Sea Acceptance Tests (SATs) and is now in […]
Delta Cargo announced it has entered into a long-term agreement with cargo.one, the leading digital air freight procurement platform. Freight forwarders worldwide will soon enjoy expanded digital access to Delta Cargo services using the industry’s go-to choice for instant air cargo bookings. READ: China Airlines implements IBS iCargo solution This agreement enables Delta Cargo to expand […]
The U.S. Navy’s undergunned Littoral Combat Ship classes are both about to get a major armament upgrade, according to USNI. At the USNI Defense Forum on Wednesday, outgoing Navy Secretary Carlos Del Toro told the audience that many LCS hulls will eventually carry the Mk 70 Payload Delivery System, a containerized version of the […]
A fisherman who jumped overboard to escape murderous crewmates has been rescued after three days in the water, according to Indonesia’s directorate of sea transportation. On Wednesday, December 11, Indonesian maritime authorities dispatched a patrol ship to rendezvous with the bulker Sikinos. The merchant ship had found and rescued a fisherman who was floating […]
