US Adds Six Companies to Trade Restriction List

The United States added six companies to its trade restriction list on Tuesday, including four for their links to the training of China's military forces, according to a government posting.Two of the companies are in China, one in South Africa, two in the United Arab Emirates and one in Britain.Global Training Solutions Limited and Smartech Future Limited, both in China, as well as Grace Air (Pty) Ltd and Livingston Aerospace Limited of the United Kingdom…
Gernot Ruppelt to Take Over as Ardmore Shipping CEO

Product and chemical tanker shipping company Ardmore Shipping Corporation on Monday announced that its current senior vice president and chief commercial officer Gernot Ruppelt will succeed company founder Anthony Gurnee as CEO.Gurnee will retire on September 16, 2024, at which point Ruppelt will step into the CEO position and current CFO Bart Kelleher will take on the additional role of president.
Contracts Awarded for Poland's First Offshore Wind Farm

SeaRenergy Group was awarded a Marine Coordination Services contract by Baltic Power for the construction phase of the Baltic Power offshore wind farm.The services will be kicked off with the preparatory phase in summer, with operations starting in the last quarter of 2024.SeaRenergy’s comprehensive Marine Coordination Service involves ship registration, personnel registration and check-in, inspection…
Eastern to Build New Tugs for Saltchuk

Eastern Shipbuilding Group (ESG) on Monday announced it has been awarded a contract to construct four new escort tugs for Saltchuk Marine's Foss Maritime. The vessels will be built at ESG’s Allanton and Port St. Joe facilities, in Florida, with delivery expected in 2026.The order marks the beginning of Saltchuk Marine’s long-term fleet renewal project, with the new tugs set to support West Coast port…
China Says Philippine Warships 'Damaged' Reef at Atoll in South China Sea

China said on Monday "illegal" beaching of Philippine warships at the Nansha islands in the South China Sea had "gravely damaged" the coral reef ecosystem in the area, as both countries tussle over disputed territory at atolls in the vast waterway.China's Ministry of Natural Resources, in a comprehensive report, said Philippine warships have been "illegally beached" around Second Thomas Shoal near Nansha Islands for a long time…
Freire Shipyard Launches Briggs Marine Vessel

On July 5, 2024, Briggs Marine's new Maintenance Support Vessel was launched in Vigo at Freire Shipyard.The vessel was designed by Cintranaval and Freire’s design department, configured to support Briggs’ ongoing contracts with the UK Government, offshore wind farms and commercial ports. The vessel will primarily undertake inspection, servicing, and replacement of Aids to Navigation (AtoN) and heavy…
Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie

Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, increasing the cumulative global total to 8 TWac, as the world endeavours to electrify economies and meet decarbonisation targets, according…
Two Russian Warships Sent on Training Mission to Asia-Pacific Waters, Interfax Reports

Two corvettes of the Russian navy's Pacific Fleet left the port of Vladivostok in Russia's Far East to carry out training missions in the Asia-Pacific region, the Interfax news agency cited the fleet's press service as saying on Monday."When leaving the main base of the fleet, the crews of the ships practiced emergency preparations for battle and sailing, and when passing through a narrow area, they conducted training in repelling a UAV (unmanned aerial vehicle) raid of a mock enemy," the agency
Petronas Adds Three New LNG Vessels Ahead of LNG Canada Start-Up

Malaysian state energy firm Petroliam Nasional Berhad (Petronas) on Monday said it would add three energy-efficient LNG vessels to its North American operations.The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility due later this year, the company said in a statement.Petronas has a 25% stake in the LNG Canada plant in Kitimat…
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