China Allows European Representatives to Board Ship Linked to Cable Breach Case
China has allowed representatives from Germany, Sweden, Finland and Denmark to board a Chinese bulk carrier at the centre of an investigation into Baltic Sea cable breaches, the Danish foreign minister said on Thursday.The Yi Peng 3 vessel is wanted in Sweden for questioning over a breach of two undersea fibre-optic cables in November, and has been stationary in waters nearby for a month while diplomats in Stockholm and Beijing discussed the matter.Investigators quickly zeroed in on the ship, which left the Russian port of Ust-Luga on Nov.
Rahn elected Manatee County Port Authority chairman
Manatee County Commissioner Mike Rahn has been elected chairman of the Manatee County Port Authority.“It is a privilege to chair SeaPort Manatee’s governing board as we continue to advance key infrastructure enhancements and hurricane recovery efforts while setting the course for even greater realization of the port’s role as a leading contributor to our region’s economy,” said Rahn, whose election was confirmed today [Dec. 19] at a meeting of the Manatee County Port Authority, following selection at the Dec.
SHIPS for America Act rolled out on the Hill
The bipartisan, bicameral bill will fuel U.S. economy, strengthen national security by responding to China’s threat over the oceans. Currently, the number of U.S.-flagged vessels in international commerce is 80; China has 5,500.Today, Senator Mark Kelly (D-AZ), Senator Todd Young (R-IN), Representative John Garamendi (D-CA-8), and Representative Trent Kelly (R-MS-1) introduced the Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for America Act, comprehensive legislation to revitalize the United States shipbuilding and commercial maritime industries.
Israel strikes port, energy targets in Yemen
Israel launched strikes against ports and energy infrastructure in Houthi-held parts of Yemen on Thursday and threatened more attacks against the Iran-aligned militant group, which has launched hundreds of missiles at Israel over the past year.As Israeli jets were in the air, the Israeli military said it intercepted a missile headed towards central Israel which destroyed a school building in Ramat Efal in the western part of Tel Aviv with what a military spokesperson described as falling shrapnel.The Houthis - who have launched attacks on international shipping near Yemen since November 2023…
Trump Tariff Threat Lifts US Ocean Imports
When U.S. presidential candidate Donald Trump started talking about new import tariffs on the campaign trail, Danny Reynolds checked the tags on wedding dresses in his bridal salon and sped up some shipments to his independent clothing store in Indiana."I was grabbing tags specifically to look at the country of origin and it was China, China, China, China, China, China," said Stephenson's of Elkhart boutique owner Reynolds, who moved deliveries of around 20 bridal gowns ahead…
Paul Watson Walks Free
Denmark released anti-whaling activist Paul Watson from detention on Tuesday and said it had rejected a Japanese request to extradite him over criminal charges dating back more than a decade.U.S.-Canadian Watson, 74, founder of the Sea Shepherd conservationist group and the Captain Paul Watson Foundation, was released in Greenland's capital Nuuk, police in the autonomous Danish territory said.Watson was apprehended when his ship docked in Greenland in July."I'm certainly relieved…
Biden's DoE LNG Export Study Tepid on New Permits
The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits.Biden in January had paused the Department of Energy's approvals of U.S. LNG exports to big consumers in Asia and Europe so that his administration could conduct the review, triggering complaints from the oil and gas industry."The main takeaway is that a business-as-usual approach is neither sustainable nor advisable…
Mandatory Turbine Upgrade Mandate Upsets Wind Industry
Wind parks operating in the Spanish region of Galicia will be obliged to replace ageing turbines after 25 years under a package of measures approved by the regional parliament on Tuesday, sparking an outcry from the renewables industry.Under the rules which come into force on Jan. 1, developers risk losing their operating permits unless they begin replacing 25-year-old turbines with new, more efficient and taller wind mills.Critics say the measure - the first of its kind to be approved in Europe - jeopardises the development of essential renewable projects and increases legal uncertainty.
Western States to Ramp up Pressure on Russian 'shadow fleet'
Vessels of Russia's so-called shadow tanker fleet will be boarded or put on a sanctions list if they do not provide proof of insurance, Estonia's prime minister said on Tuesday.'Shadow fleet' refers to vessels used by Russia to move oil, arms and grains around in violation of international sanctions imposed on it over the Ukraine war. The vessels are not regulated or insured by conventional Western providers.A dozen Western countries - Britain, Germany, Poland, the Netherlands…
Russia Testing NATO’s Baltic Security
Russia is disrupting mobile communications and ship-tracking data across the Baltic Sea, endangering vessels and energy supplies to test how Western powers will respond, a Polish admiral overseeing the area said.Vice Admiral Krzysztof Jaworski said Moscow was systematically using such tactics to hide the movements of its own vessels and disrupt the operations of others in the sea which is bordered by eight NATO countries and Russia."Hybrid war in the Baltic is the biggest challenge we are facing…
EU Sanctions Target Shadow Fleet
The European Commission has welcomed the EU Council's adoption of the 15th sanctions package against Russia. The focus of this package is to keep cracking down on Russia's shadow fleet.With this package, the EU has, for the first time, imposed ‘fully-fledged' sanctions (travel ban, asset freeze and prohibition to make economic resources available) on various Chinese actors.The 15th package includes anti-circumvention measures. It targets 52 new vessels from Russia's shadow fleet, increasing the total number of such listings to 79.
Ukraine blames Russia for Black Sea oil spill
Ukraine said on Monday Russia was to blame for a major oil spill in the Kerch Strait that leads into the Black Sea, accusing Moscow of breaking navigation safety rules by using old tankers and keeping two vessels at sea during a storm.A Russian oil tanker split apart during a storm on Sunday, while another one ended up in distress in the strait that separates Russia from the Crimean Peninsula that Moscow's troops seized and annexed from Ukraine in 2014.Russia did not say how much fuel was leaked but its state news agency TASS reported the two vessels had been carrying 9,200 metric tons of oil products."The Russians have a rather complicated situation... in the Azov and the Black Sea region.
House Oversight Committee Releases Memo on USCG Misconduct Probe
House Committee on Oversight and Accountability has released an interim staff memorandum providing an update on the Committee’s ongoing investigation into the United States Coast Guard (USCG) following allegations of pervasive sexual assault and misconduct.The memorandum details how the USCG concealed “Operation Fouled Anchor” from Congress, failed to address both historic and persistent sexual misconduct at the USCG Academy, and neglected to help victims and hold perpetrators…
Trump Signals Support for ILA Dockworkers
U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S. East and Gulf Coasts, whose labor talks are at an impasse over that polarizing issue.The ILA and the United States Maritime Alliance (USMX) employer group are facing a Jan. 15 deadline to finalize talks, which stalled over automation. That cutoff comes just five days before Trump's inauguration.The ILA says automation kills jobs while employers say it is necessary to keep U.S.
Sweden: New Offshore Wind not Commercially Viable
Developing offshore wind projects off Sweden's coasts is not commercially viable currently, a government commission tasked with reviewing and speeding up the system for authorizing new wind parks said on Friday.The commission recommended that Sweden should switch to an auction system for offshore wind farms, widely used in other countries, but the head of the commission said that this would not in itself lead to more wind parks being constructed."The analysis shows that with today's market conditions…
Taiwan: China's threat towards island is "evolving"
Taiwan's defense ministry said on Friday that China's threat to Taiwan and the region has been evolving since 2022, when it began its current series of war games, and its recent large-scale buildup of maritime forces is a testament to this.China's long-term goal of deterring regional parties and disrupting the rule-based international order will not be endorsed by the international community, the ministry said in a statement.
CMA CGM seeks 2025 Singapore biofuel bunker supply
French shipping major CMA CGM is seeking marine biofuel for term delivery in Singapore, the world's largest bunker hub, between January and December 2025, according to market sources.The company has been one of the top lifters of marine biofuel in Singapore this year, and is expanding its lifting period from half-year term supply this year to full-year supply next year, the sources said.It is looking to lift a monthly volume of 35,000 to 50,000 metric tons of the B24 blend, which comprises 24% used cooking oil methyl ester (UCOME) biofuel blended with conventional fuel.
Trelleborg Acquires Mampaey Offshore Industries
Trelleborg Marine & Infrastructure, a provider of engineered polymer and technology solutions for the marine, infrastructure, and energy industries, has signed and finalized an agreement to acquire Mampaey Offshore Industries. The acquisition will significantly enhance Trelleborg's capabilities in the vessel berthing sector and expand its offerings for the marine industry. Mampaey, based in Dordrecht, Netherlands, has over 120 years of experience delivering advanced solutions for the marine industry.
Shell Settles Lawsuit with Greenpeace Over Vessel Boarding Incident
British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists boarded a Shell oil production vessel last year.Greenpeace said it had agreed to pay 300,000 pounds ($382,650) to the Royal National Lifeboat Institute (RNLI), a charity that runs a search and rescue service.The group also said it would stop protesting for a period at four Shell sites in the northern North Sea, which Greenpeace referred to as "mostly declining fields", though Shell described them as "key oil and gas platforms".Shell said Greenpeace's agreement t
Adani Ports withdraws DFC Port Funding Request
India's Adani Ports and Special Economic Zone Ltd said on Tuesday it would finance its Colombo port terminal project through internal accruals and a capital management plan, withdrawing its request for funding from the U.S. International Development Finance Corp (DFC).DFC last year said it would provide $553 million in financing for the port terminal project, which is partly owned by the Adani Group. The company, however, said the Colombo West International Terminal project is progressing well and is on track for commissioning by early 2025.DFC did not immediately respond to a Reuters request for comment. Ports-to-edible oils Adani Group…
JA Moody Announces Partnership with New Heritage Capital
JA Moody, a maritime supplier of fluid control valves, actuators, strainers, parts and services to the United States Navy and Commercial Marine industry, today announced a strategic partnership and investment from New Heritage Capital ("Heritage"), a Boston-based private equity firm specializing in founder-owned businesses.The investment was structured using Heritage's Private IPO solution, which preserves operational control for JA Moody's management while providing capital for accelerated growth.
NRF: Imports to Soar on Tariff Threat, Potential Port Strike
With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major container ports are expected to see a continued surge in imports through next spring, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“Either a strike or new tariffs would be a blow to the economy and retailers are doing what they can to avoid the impact of either for as long as they can,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.
Shipbuilder's Appeal in Mozambique Lawsuit Denied
Emirati-Lebanese shipbuilder Privinvest on Tuesday was refused permission to appeal against Mozambique's victory in a London lawsuit over the decade-old "tuna bond" scandal.The southeast African country sued Privinvest and its now late owner Iskandar Safa, alleging they paid bribes to Mozambican officials and Credit Suisse bankers to secure favourable terms on three projects in 2013 and 2014, including one designed to exploit Mozambique's tuna-rich coastal waters.London's High Court ruled in July that Mozambique was entitled to payment of just over $825 million from Safa and companies in the Privinvest group, plus an indemnity in relation to $1.5 billion it is liable to pay lenders and bondholders…
Iberdrola Gets Portugese Nod for Wind Farm Start
Iberdrola has received a production license from the Portuguese Directorate-General for Energy and Geology of Portugal (DGEG), taking another step towards the construction of the largest wind farm in Portugal.Located in the districts of Vila Real and Braga, in northern Portugal, with a total investment of around €350 million, this project reinforces Iberdrola's commitment to environmental goals, being the first to combine wind and hydro energy. This implies sharing of the connection point and the evacuation line of electricity produced…
Japan Steps Up with Maritime Security Aid for the Philippines
Japan and the Philippines signed a 1.6 billion yen ($10.65 million) security assistance deal on Thursday to boost the Southeast Asian nation's maritime security and surveillance abilities amid heightened tensions in the South China Sea.Both the Philippines and Japan, two of the United States' closest Asian allies, have taken a strong line against what they see as aggressive behavior by Chinese vessels amid decades-old disputes over maritime sovereignty.Japan will provide the Philippine…
Pirates Take Control of Chinese Fishing Vessel Off Somalia
A Chinese fishing vessel is under the control of alleged pirates in Somalia's waters in the semi-autonomous Puntland region, the European Union's anti-piracy naval force said on Thursday.The anti-piracy force said the vessel with up to 18 crew members on board had been taken over by pirates, some armed with AK-47s and machine guns. It classified the incident as a robbery at sea.No crew members were injured in the incident, the anti-piracy force added.Somali pirates caused havoc in the waters off the Horn of Africa nation's long coastline between 2008 and 2018.
IMO Adopts Guidelines on Detained Seafarers
The third meeting of the Joint ILO–IMO Tripartite Working Group to identify and address seafarers’ issues and the human element met in Geneva, Switzerland, between November 26–28 and adopted Guidelines on Fair Treatment of Seafarers detained in connection with alleged crimes.The objective of the Guidelines is to ensure that the human rights and legitimate interests of seafarers involved in alleged crimes are recognized, that seafarers detained in connection with alleged crimes are treated fairly by public authorities…
Philippines and China Dispute Over South China Sea Incident Escalates
China and the Philippines gave conflicting versions on Wednesday of a maritime confrontation around a contested shoal in the South China Sea, the latest row in a longstanding dispute between the neighbours.Chinese coast guard vessels fired water cannons and side-swiped a Manila fisheries bureau boat on the way to deliver supplies to Filipino fishermen in the area, according to Philippines officials, a move that drew condemnation from the United States.The incident follows a diplomatic…
Philippine Says China "Aggressive" Near Scarborough Shoal
The Philippine Coast Guard (PCG) said Chinese navy and coast guard vessels had taken "aggressive actions" against a routine patrol by it and the fisheries bureau near the contested Scarborough Shoal in the South China Sea on Wednesday.A Chinese coastguard fired a water cannon at a PCG vessel "aiming directly at the vessel's navigational antennas", Jay Tarriela, PCG spokesperson for the South China Sea, said in a statement.Philippine vessels also faced "blocking, shadowing, and dangerous manoeuvres" from Chinese navy and coastguard ships, he added.Tensions between China and the Philippines over
San Antonio Terminal Int'l concession extended until 2030
Empresa Portuaria San Antonio (EPSA) filed a Material Event with the Financial Market Commission (CMF), informing that San Antonio Terminal Internacional (STI) had met the investment conditions agreed in 2020 and, therefore, its concession will be extended until January 1, 2030 (the second extension since the concession originally ended in 2020).“In recent years we have implemented an intensive capex plan, investing US$66 million, of which US$47 million was to extend the concession.
US Deepens Sanctions on Iran's 'shadow' Tankers
The Biden administration on Tuesday ramped up its sanctions on Iran, targeting 35 entities and vessels that it said transported illicit Iranian petroleum to foreign markets as part of what the U.S. Treasury Department called Tehran's "shadow fleet."The sanctions build on those previously imposed on Oct. 11 and come in response to Iran's Oct. 1 attack on Israel and to its announced nuclear escalations, the U.S. Department of Treasury said in a statement.“Iran continues to funnel revenues from its petroleum trade toward the development of its nuclear program…
Snake Island Port inks 45-Year Concession with NPA
Nigerdock has completed an agreement with the Nigerian Ports Authority (NPA) for the commencement and expansion of Snake Island Port, an 85-hectare, multipurpose port facility comprising three terminals located within Snake Island Integrated Free Zone. The approval for the project was granted in 2023 by the Federal Executive Council (FEC), which has oversight on the implementation of major infrastructure projects across the country. The concession is for a period of 45 years with an optional extension.Nigerdock Chairman and CEO…
BOEM ID's Environmental Measures for NY Bight Wind
In support of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) today issued a Record of Decision identifying environmental measures expected to be applied to future wind energy development of the six lease areas offshore New York and New Jersey in an area known as the New York Bight. BOEM estimates that full development of the six lease areas could generate up to 7 GW of offshore wind energy, enough to power up to two million homes.
Australian Police Make Record Cocaine Bust
Eleven men and two juveniles have been charged following an investigation into a transnational organized crime syndicate accused of conspiring to import 2.34 tonnes of cocaine into Australia by sea.This is the largest ever seizure of cocaine in Australia. The cocaine had an estimated street value of about A$760 million ($494 million) with the potential to equate to 11.7 million individual street deals, had it reached the community.The men, including the crew of a vessel allegedly…
PREVIEW: IMO Maritime Safety Committee 109th session
The Maritime Safety Committee (MSC) will meet for its 109th session at IMO Headquarters in London (in-person with hybrid participation) from 2 to 6 December 2024.The meeting will be chaired by Mrs. Mayte Medina of the United States, supported by Vice-Chair, Capt. Theofilos Mozas of Greece.The MSC deals with all matters related to maritime safety and maritime security which fall within the scope of IMO, including autonomous vessels, safety of alternative fuels and technologies, piracy and armed robbery against ships, cyber security and e-navigation and many others.
Trump to Boost LNG Exports, Oil Drilling from Day 1
Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with the plans.The energy checklist largely reflects promises Trump made on the campaign trail, but the plan to roll out the list as early as day one ensures that oil and gas production will rank alongside immigration as a pillar of Trump's early agenda.Trump…
Change of leadership at TT Club’s Singapore Branch
International freight insurer, TT Club, announces the appointment of Kamel Tlili as Chief Executive of its Singapore branch as Yiah Soon Ng retires after leading Thomas Miller’s Singapore office since 2009.After five years as Chief Executive for TT Club and having led Thomas Miller’s Singapore operations for 15 years, Yiah Soon (YS) Ng has announced his retirement. He is succeeded as Chief Executive by Kamel Tlili, TT Club’s Regional General Manager Asia Pacific, who took over…
Offord Named Chief Executive UK P&I Club Singapore Branch
The UK P&I Club appointed Richard Offord as the new Chief Executive of the Club’s Singapore Branch. Richard will replace Yiah Soon Ng (YS) on December 1, 2024, as YS will retire after leading the Singapore office for more than 27 years. Offord joins the office from his previous position in London and will report to the Club’s Regional Director for Asia, Andrew Jones.Richard joined Thomas Miller in 1997 and, most recently, held the position of Claims Director, with a particular focus on ICA claims and Charterers’ cover…
EPA Fines PR Company $80K for Polluting Cañas River
The U.S. Environmental Protection Agency has fined Transporte Rodríguez Asfalto, Inc. (TRA) in $80,000 for violations of the Clean Water Act after discharging stormwater pollutants into the Cañas River during construction activities in Aguada, Puerto Rico.“We are holding TRA accountable under the Clean Water Act which is designed to protect waterways like the Cañas River and prevent pollution that threatens public health and the environment,” said EPA Regional Administrator Lisa F. Garcia.
Damen, Herman Sr. ink Multi-Purpose Vessel LOI
New MPV brings increased versatility to workboat sector.Damen Shipyards Group and Herman Sr. have signed a letter of intent (LOI) for the construction of a new Multi-Purpose Vessel (MPV) 4916. The LOI was signed during the Offshore Energy exhibition in Amsterdam on 26 November by Jeroen van Woerkum on behalf of Damen and Chris and Erwin van Dodewaard of behalf of Herman Sr.Next level versatilityThe MPV 4916 will be the first in a series of vessels combining the qualities of the…
PSA Singapore, Evergreen Marine ink Box Terminal Ops JV
PSA Singapore (PSA) and Evergreen Marine Corporation (EMC) have established a joint venture in Singapore, aiming to enhance operational excellence and achieve greater synergies in container operations.The joint venture terminal is expected to commence operations by the end of 2024. This strategic partnership will offer long-term terminal capacity assurance to EMC’s fast expanding global vessel fleet in PSA Singapore.PSA and EMC will continue to deepen their collaboration to enhance operational efficiency, drive digital innovation, and advance sustainability efforts.
BIMCO Adopts FuelEU Maritime Clause
On January 1, 2025, the FuelEU Maritime Regulation will come into force. The regulation may require stakeholders to start taking measures now and the BIMCO FuelEU Maritime Clause for Time Charter Parties 2024 is developed to help stakeholders align their contractual frameworks. The clause was adopted by BIMCO’s Documentary Committee on November 25, 2024. The shipping industry faces an increase in decarbonization regulations from the EU and the International Maritime Organization (IMO), BIMCO continues to add to its portfolio of carbon clauses to support the industry.
170 Arrested in Coal Ship Blockade
A climate change protest off the coast of Australia's New South Wales State forced an inbound ship to turn back from the country's largest terminal for coal exports on Sunday, the port operator said.New South Wales police said 170 protesters were arrested on Sunday for refusing to move from the shipping channel near the Port of Newcastle.The port, some 170 km (105 miles) from the state capital Sydney, is the largest bulk shipping port on Australia's east coast.A Port of Newcastle…
BlastOne wins Irving Paint Hall contract
BlastOne International announced that it has been chosen by Irving Shipbuilding Inc. (ISI) to construct a cutting-edge three bay paint hall as part of the River-class Destroyer (RCD) Infrastructure Project.This initiative is essential for enhancing ISI’s facilities to support the production of RCD vessels in support of Canada's National Shipbuilding Strategy.Under this project, BlastOne will be responsible for designing and building the new paint and blast facility at the Halifax Shipyard.
SCA, Maersk ink Management Training Center pact
The Suez Canal Authority (SCA) and Maersk Training (MT) have entered into a landmark agreement to establish a Centre of Excellence focused on leadership and crisis management training for SCA employees. The agreement was signed at a ceremony attended by senior representatives from both organizations.The contract was formalized by Yasser El Sheshengy, Director of the Communication & Information Systems Department at the Suez Canal Authority; Vijay Rangachari, Head of Growth and Strategic Projects at Maersk Training…
North Korea Oil Imports from Russia top U.N. Limits
North Korea has likely received more than 1 million barrels of oil from Russia over an eight-month period this year in breach of U.N. sanctions, according to an analysis of satellite imagery published on Friday by the British-based Open Source Centre and the BBC.North Korean oil tankers have made more than 40 visits to Russia's Far Eastern port of Vostochny since March, the report on the research group Open Source Centre's website said."Dozens of high-resolution satellite images, AIS (Automatic Identification System) data and imagery released by maritime patrol missions tasked with monitoring North Korea’s U.N.-sanctions busting activities show North Korean tankers repeatedly loading at an oil terminal at the Russian port of Vostochny…
DP World adds Three Terminals to Green Marine
DP World has expanded its Green Marine membership by adding the Vancouver, Nanaimo, and Saint John terminals to the program. DP World’s terminal in Prince Rupert has been Green Marine certified since 2013. Doug Smith, CEO of DP World in Canada, said: "We are committed to integrating environmental practices into our operations and continuously improving our sustainability, and we know from our experience with the program that Green Marine will provide us with the tools we need to achieve this ambitious goal."David Bolduc…
Port of Oakland wins $50 million Marad grant
Federal funds to upgrade aging docks to accommodate ultra-large vessels and expand economic benefits to region.The Port of Oakland was awarded approximately $50 million from the U.S. Department of Transportation Maritime Administration (MARAD) to modernize wharves and terminal infrastructure at the Outer Harbor. The Port’s Outer Harbor will be upgraded to accommodate Ultra Large Container Vessels, which are now a regular part of the shipping fleet calling on West Coast ports.
Angry Farmers Block Bordeaux Port Access
A group of protesting farmers on Thursday sought to block operations at the port of Bordeaux in southwestern France, as a new bout of agricultural anger intensified in Europe's largest crop-producing country.Farmers in their tractors blocked all of the access roads to the port, which links the city to the Atlantic via the Garonne river, Jose Perez, a local labor representative from the Coordination Rurale union told Reuters."We will stay here because we still don't have answers (from the government)"…
Australia and India Talk Maritime, Renewables at G20
Australia will partner with India to boost investment in renewable energy, including solar manufacturing, battery and mineral processing, Prime Minister Anthony Albanese said in a meeting with his Indian counterpart on the G20 sidelines.Australia and India will also look to enhance defense and maritime security cooperation, Albanese said in a meeting with India's Prime Minister Narendra Modi in Rio de Janeiro on Tuesday.The two countries, along with the United States and Japan, are members of the Quad, which has sought to balance China's rising military and economic clout in the Indo Pacific r
Trump Picks Duffy to be DOT Chief
U.S. President-elect Donald Trump said on Monday that he is nominating former Wisconsin Representative and Fox Business News host Sean Duffy to be transportation secretary.If confirmed, Duffy will oversee aviation, automotive, rail, transit and other transportation policies at the department with about a $110 billion budget as well as significant funding that remains under the Biden administration's 2021 $1 trillion infrastructure law and EV charging stations."I’m eager to help you usher in a new golden age of transportation," Duffy wrote on social media.Trump has vowed to reverse the Biden administration's vehicle emissions rules. He…
Shipping, Energy Tax Could Help Foot $1T to Combat Climate Change - COP29
The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming. Some see new taxes as one way to get there. The Global Solidarity Levies Task Force (GSLT), led by France, Barbados and Kenya, is exploring the issue. Below are excerpts from its latest report on the options being discussed -- as it pertains to shipping and fossil fuels -- and estimates about how much could be raised.SHIPPINGThe levy that could be closest to being agreed is for shipping…
OMSA’s Smith: Defending US-Flag Vessels is about Economic, National Security
Anyone who knows Aaron Smith, president and CEO of OMSA, knows that he is passionately focused on the U.S. maritime industry and staunchly defending the U.S. Jones Act fleet and mariners. We caught with Smith on the sidelines of the Workboat Show in New Orleans last week. Highlights of the conversation are below – including an update on the American Offshore Worker Fairness Act – the full interview can be seen on Maritime Reporter TV.Let’s talk a bit about the offshore energy industry today.
EU Ramps Up Iranian Shipping Sanctions
The European Union has widened its sanctions against Iran over Tehran's support of Russia in its war with Ukraine, the European Commission said on Monday.The Commission said it had added the Islamic Republic of Iran Shipping Lines (IRISL) and its director Mohammad Reza Khiabani, among others, to its sanctions list.The fresh sanctions are against vessels and ports used for transporting Iranian-made Unmanned Aerial Vehicles (UAVs), missiles and related technologies and components.
Workboat 2024: A Ton of Energy
There’s plenty to go around for everyone, no matter it comes from.I will admit that attending the 2024 Workboat Show in the Big Easy just ten days after settling into the MarineNews Editor’s chair (for this, the second time around) had my full attention. The event typically evokes the specter of drinking from the proverbial fire hose in routine times, but attending and digesting all it has to offer, right out of the gate, makes the task just little bit edgier. Ultimately, last week’s trade show exuded terrific energy, from exhibitors to attendees alike.
Call for Release of Galaxy Leader Crew on Seizure Anniversary
November 19 marks the one-year anniversary of the seizure of the crew of the car carrier Galaxy Leader by Yemen’s Houthis, with the International Chamber of Shipping renewing calls for their release.Guy Platten, Secretary General of the International Chamber of Shipping, said: “It seems incredible that a year has passed, and the crew of the Galaxy Leader are still being held hostage. Innocent seafarers and families who have had their lives irrevocably changed by geopolitical forces wholly out of their control.“The seafarers…
Japanese Troops to Train in Australia
Japanese troops will begin regular deployments in northern Australia as part of military cooperation with Australia and the U.S., Australia's Defence Minister Richard Marles said on Sunday.Around 2,000 U.S. Marines are already hosted in Darwin, the capital of the Northern Territory, for six months of the year amid growing concern among Washington and its allies about China's growing military power in the Indo Pacific region."Today we are announcing that there will be regular deployments of Japan's amphibious Rapid Deployment Brigade to Australia…
Nigeria and India Forge Deeper Maritime Security Ties
Nigeria and India on Sunday agreed to deepen collaboration in maritime security, intelligence and counter-terrorism during a state visit to the West African country by Indian Prime Minister Narendra Modi.Modi is the first Indian premier to visit Nigeria in 17 years after an invitation by President Bola Tinubu, who is seeking investments from some of the world's biggest economies.Modi arrived in the capital Abuja on Saturday night and met Tinubu at the presidential villa on Sunday where the two leaders also discussed economic development, defence, healthcare and food security, a joint statement
Ship Has Close Call with Missile in Red Sea
A ship passing through the Red Sea 25 nautical miles west of Al-Mukha, Yemen, reported on Sunday that a missile had splashed into the sea nearby, the United Kingdom Maritime Trade Operations (UKMTO) agency said.It did not name the vessel or the owner but cited the relevant company security officer as saying the vessel and crew were safe and proceeding to the next port of call.Yemen's Iran-aligned Houthi militants have been attacking commercial shipping in the Red Sea for more than a year in a bid to enforce a naval blockade on Israel, saying they are acting in solidarity with Palestinians in I
Fincantieri Lifts Full-Year Revenue Outlook to Above $8.43B
Italian shipbuilder Fincantieri on Thursday raised its full-year forecast on revenue to "above" 8 billion euros ($8.43 billion), from "about" previously indicated, boosted by all business segments.The Trieste-based vessel maker reported a nine-month core profit (EBITDA) a 19% rise to 328 million euros, while its January to September revenue stood at 5.58 billion euros, up 3.7% yearly.Fincantieri's nine-month order intake totalled 8.5 billion euros, more than double the orders acquired in the same period last year.($1 = 0.9489 euros)(Reuters - Reporting by Romolo Tosiani; Editing by David Evans
Cargotec to sell MacGregor to Triton for Over $500M
Finnish engineering firm Cargotec said on Thursday it would sell its cargo handler business MacGregor to European private equity firm Triton in a deal valued at 480 million euros ($506 million), including debt.The deal would be pursued to help its on-road load handling business, Hiab, operate as a standalone business, Cargotec said, adding that its CEO Casimir Lindholm would step down and be replaced by Hiab President Scott Phillips as a part of the arrangement.Hiab would subsequently be the only business remaining under Cargotec as a result of the deal…
Japan and South Korea Join US Naval Drill
U.S., Japanese and South Korean naval forces exercised together in East Asian waters on Thursday in their most complex and final joint drills before President Joe Biden hands over one of his signature national security initiatives to Donald Trump.Led by the USS George Washington carrier and its jet fighters, the Freedom Edge naval exercise in waters south of the Korean peninsula and west of Japan's main islands comes after a pact brokered by Biden in 2023 in which Seoul and Tokyo…
Denmark Still Deciding on Paul Watson’s Fate
Anti-whaling activist Paul Watson will remain in detention in Greenland while Denmark decides whether to extradite him to Japan, police in the autonomous Danish territory said on Wednesday.The 73-year-old U.S.-Canadian, founder of the Sea Shepherd conservationist group and the Captain Paul Watson Foundation, was taken into custody by police when his ship docked at the port of Nuuk on July 21.Watson will remain in detention until Dec. 4, police said in a statement."It is unfortunately as expected…
China, Philippines Spar Over South China Sea Laws
The Philippines' foreign ministry said on Wednesday it summoned China's ambassador to protest Beijing's drawing of baselines around the disputed Scarborough Shoal in the South China Sea."The said baselines infringe upon Philippine sovereignty and contravene international law," the ministry said in a statement.The move follows China's definition on Sunday of the baseline for "territorial waters" around the shoal, which Beijing claims as Huangyan Island. The shoal is a key point of contention over sovereignty and fishing rights.In response…
Managing Cyber Risk Pivotal for Safe Maritime Digitalization Push, DNV Finds
A new report published by DNV has revealed that the majority (61%) of maritime professionals believe the industry should accept increased cyber risk from digitalization if it enables innovation and new technologies.The sector’s appetite to take on emerging risks arising from digital transformation is notably higher than other critical infrastructure industries including energy, manufacturing and healthcare, according to DNV.The industry’s increasing appetite for cyber risk comes at a time when it must manage a growing volume of vulnerabilities.Namely…
US Warships Repel Houthi Missile Attack
U.S. warships shot down drones and missiles fired by Yemen's Houthis while they were transiting the Bab al-Mandab Strait, the Pentagon said on Tuesday.Earlier on Tuesday, the Houthis said they conducted two military operations against U.S. naval vessels in the Red and Arabian seas which the group's military spokesperson said lasted for eight hours.Pentagon spokesperson Air Force Major General Patrick Ryder said that on Monday two U.S. warships were attacked by at least eight drones, five anti-ship ballistic missiles and three anti-ship cruise missiles.
Plains All American Pipeline Agrees to Settle California Oil Spill Lawsuit
Plains All American Pipeline has agreed to pay $72.5 million to settle a lawsuit over the 2015 Refugio Beach oil spill in Santa Barbara, a filing showed on Tuesday.The spill occurred after a pipeline, which ran across California's coastline, ruptured and spilled an estimated 126,000 gallons of oil into the ocean and on the beaches.In 2020, the California State Lands Commission and insurance firm Aspen American Insurance had sued Plains All American - the operator of the failed pipeline - alleging negligence…
China Ups Pressure on Philippines to Cede Claims in South China Sea
China is stepping up pressure on the Philippines to concede its sovereign rights in the South China Sea, Manila's Defense Secretary Gilberto Teodoro said on Tuesday after meeting his Australian counterpart in Canberra.The fifth such meeting since August 2023 reflects growing security ties between the countries, which have both voiced concern about Chinese activity in areas of the busy waterway claimed by the Philippines and other Southeast Asian nations."What we see is an increasing demand by Beijing for us to concede our sovereign rights in the area…
BNS Boosts Its Marine Electrical Solutions Portfolio with New Acquisition
BNS has acquired Carolina Power Systems (CPS), a provider of marine electrical equipment to the military shipbuilding industry, which will bolster its marine power capabilities.With the acquisition of CPS, combined with that of Cadick Corporation, BNS now offers full lifecycle solutions, services and maintenance support for military and commercial across the marine electrical system spectrum.CPS provides switchboards, motor controllers and other control and monitoring equipment for installation on U.S. Navy and Coast Guard ships.
Russian Frigate Conducts Drills in English Channel
A Russian Navy frigate equipped with new generation hypersonic cruise missiles has conducted drills in the English Channel and is carrying out tasks in the Atlantic Ocean, Russian news agencies reported on Tuesday.The crew of the frigate, equipped with Zircon (Tsirkon) hypersonic anti-ship missiles, conducted counter-terrorism drills, repelling air and sea drone attacks of a mock enemy, Russian state agencies reported."The Northern Fleet frigate Admiral Golovko has completed its…
Russian, Indonesian Navies Hold Joint Drills
Russian and Indonesian ships practiced freeing a vessel captured by terrorists and fought unmanned boats during the first joint naval exercises between the two countries in the Java Sea, Russia's RIA state news agency reported on Monday.The joint exercise, which started last week, came as newly inaugurated Indonesian President Prabowo Subianto pledged closer ties with Russia on defence, in a bid to forge links with any country as part of Jakarta's long-held non-aligned foreign policy.The crews of the joint detachment of ships practiced manoeuvring and communication…
Montreal Port Employers Threaten Shutdown
Port of Montreal terminal operators have threatened to shut down most operations as of Sunday after providing a "final, comprehensive offer" to the longshore union.If the Canadian Union of Public Employees Local 375 does not accept the offer by Sunday at 8:00 p.m. "only essential services and activities unrelated to longshoring will continue at the Port of Montréal from 9 p.m. on Sunday," the Maritime Employers Association said in a statement on Thursday.So far, two terminals operated by Termont…
Taiwan Offers Reward for Reports of Chinese Activity
Taiwan's coast guard said on Friday it would offer rewards worth thousands of dollars for spotting Chinese activity at sea, including warships or submarines, saying it was harnessing "people power" to boost its own limited workforce.Taiwan, which China claims as its own territory, has complained for the past five years of stepped up Chinese military activity, and the Taiwanese coast guard has increasingly been involved in patrolling sea areas.China's coast guard's involvement in these activities has grown, which Taiwan officials say is part of a "grey zone" strategy that stops short of war and
Venture Global gets FERC Nod for LA LNG Plant
Federal regulators on Wednesday gave Venture Global LNG permission to introduce natural gas into its Plaquemines export plant in Louisiana, documents show, moving the plant a step closer to producing the superchilled gas.The 20 million metric tons per annum (MTPA) Plaquemines LNG plant will be the second-largest U.S. export facility when fully operational. It and other projects due to start next year will help the United States retain its position as the world's largest exporter of the gas.Its commercial startup will make Venture Global the second-largest U.S.
Three Industrial Projects for Le Havre Announced
The French government has selected winning proposals for a hydrogen import terminal, a renewable fuels facility and a lithium production factory to be built at the state-run port of Le Havre as part of an effort to attract industrial investment, the finance ministry said on Thursday.The land around the port was labelled a turnkey investment site under the 30 billion euro "France 2030" plan, allowing Haropa Port — the public entity that manages the ports of Rouen, Le Havre and Paris — to launch a tender for green projects.The three winners will benefit from accelerated approval procedures…
Alcoa Suspends Bauxite Liftings Juruti
U.S. aluminium maker Alcoa AA.N said on Thursday it had halted bauxite shipments from Brazil's Juruti port due to a stranded vessel in the waterway.This was the latest in a series of disruptions to hit the aluminium raw material supply chain, which have pushed alumina prices to record highs and supported aluminium prices.Alcoa declared force majeure at its bauxite mine in the Juruti region on Wednesday as an inaccessible waterway hindered its ability to supply its customers, an…
US Extends Protections for CITGO to March 2025
The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to March 2025, a key decision amid a seven-year-long legal case in which the refiner's parent might be auctioned to pay creditors.Citgo's parent, PDV Holding, was found liable by the court for Venezuela's debts from asset expropriations and debt defaults. The case has opened a route for creditors to fight for a piece of Venezuela's crown jewel - Citgo's 807,000…
Philippines Confident in US Support under Trump
The Philippines expects U.S. policy in the Indo-Pacific and support for its treaty ally amid South China Sea tensions to remain steady under Donald Trump, driven by bipartisan resolve in Washington, its ambassador to the U.S. said on Thursday.Both Democrats and Republicans prioritize countering China’s influence, including in the South China Sea, Jose Manuel Romualdez said, suggesting that military cooperation, economic ties and security commitments with the Philippines will continue."It is in their interest that the Indo-Pacific region remains free…
CMB.TECH Profits Rise, VLCC Outlook Good
Belgian oil tanker company CMB.TECH posted third-quarter profit above market expectations on Thursday, powered by a long-term strategy of decarbonization and diversification of its fleet."From a supply-side perspective, the outlook for the tanker fleet remains generally favorable for Very Large Crude Carriers (VLCCs)," the group said in a statement.It cautioned about the Suezmax segment, where the order book has grown significantly, with an orderbook-to-fleet (OB/F) ratio of 16.3%, more than double that of VLCCs.The group, formed after last year's Euronav-Compagnie Maritime Belge takeover, ack
Port of Los Angeles sees Record September, Best Quarter Ever
The Port of Los Angeles handled a record 954,706 Twenty-Foot Equivalent Units (TEUs) in September, a 27% increase over the previous year. It marked the close of the busiest quarter ever at the Port, which processed 2,854,904 TEUs in the last three months. Nine months into 2024, the Port of Los Angeles is 18% ahead of its 2023 pace. “Just as impressive as these new records is the fact that we managed all this cargo with skill and efficiency,” said Port of Los Angeles Executive Director Gene Seroka.
Panama to Cancel Flags on US-sanctioned LNG ships
Panama's Maritime Authority said on Wednesday it has begun a process to cancel flags on four LNG vessels sanctioned by the United States over their links with Russian gas producer Novatek.The vessels North Air, North Mountain, North Way and North Sky, which have been operating under Panama's flag, had previously been identified as part of Russia's dark tanker fleet, according to media reports quoted by the authority.
Analysts: Trump Hardening Iran Policy Might Not Stem Flow to China
Former President Donald Trump's return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle to get China, Iran's top crude customer, to cooperate, analysts said.Cracking down on OPEC-member Iran would support global oil prices, but the effect could also be offset by other Trump policies, from measures to expand domestic drilling, the imposition of tariffs on China that could depress economic activity…
Greek Shipowner Acquires Altera’s Shuttle Tanker Business
Altera Infrastructure has entered into an agreement to sell all its membership interests in Altera Shuttle Tankers (AST) to Maistros Shiptrade, a company affiliated with the Angelicoussis Group.Altera Shuttle Tankers, a shuttle tanker provider, owns and operates 18 shuttle tankers in Brazil, Canada and the North Sea.The Angelicoussis Group is one of the world’s largest privately owned shipping groups, currently with 144 vessels on the water and 23 vessels, including three shuttle tankers…
Canada west coast ports shutdown enters second day
The British Columbia ports labor dispute continued on Tuesday, impacting exports at Canada's biggest port in Vancouver with no sign of negotiating progress.International Longshore and Warehouse Union Local 514 foremen began limited strike actions on Monday at 8:00 a.m. Pacific time (16:00 GMT) and their employer, the B.C. Maritime Employers Association, locked out workers at 4:30 p.m.Industries and provincial governments across Canada are alarmed by the dispute, which is occurring at the same time as a partial strike is blocking 40 percent of container traffic of the Port of Montreal…
The (Greener) Waterfront: A Fresh Perspective
MarineNews Editor Joseph Keefe weighs in with a look at the previous five years on the waterfront. It’s not what you think.You might be aware that I stepped away for a moment in late December 2019. The five years that followed, whizzed right by – well, all but that miserable part of being virtually locked in my house for six months during “the Pandemic.” Enough said. Now back in the Editor’s chair here at MarineNews magazine, it is apparent that while some things on the collective waterfront have changed…
US Arrests Turk for Alleged Sanctions Violations
U.S. authorities have arrested a Turkish man who they allege was trying to violate sanctions by transporting oil from Venezuela, the Justice Department said on Monday.The U.S. reimposed sanctions on the Venezuelan oil company PDVSA in June after what it said was the failure of President Nicolas Maduro to return to talks with the political opposition and commit to fair elections.In a statement, the Justice Department said 37-year-old Taskin Torlak had "allegedly conspired to illegally sell Venezuelan oil…
US DOT Publishes Final Testing Rule, Amends Oral Fluid Drug Testing
Final Rule is Effective Today, 5 November.Today, November 5, 2024, the Department of Transportation (DOT) published a final rule in the Federal Register to provide temporary qualification requirements for mock oral fluid monitors, provide for consistent requirements by identifying which individuals may be present during an oral fluid collection, and clarify how collectors are to document that a sufficient volume of oral fluid was collected. To learn more about this final rule, view the rule at https://www.transportation.gov/odapc/frpubs.
Orsted Addresses Swedish Baltic Sea Wind Concerns
Orsted CEO assures Sweden that the offshore wind industry has solutions that would address defense concerns. At issue: Sweden's rejection of a proposed 13 offshore wind farms in the Baltic Sea.Swedish Defense Minister Pal Jonson said on Monday that building wind farms in the Baltic Sea would pose defense risks, by making it harder to detect and shoot down missiles. As Europe turns to renewable sources to diversify energy supplies away from Russian oil and gas, concerns have also…
Green Marine UK Scales Up Environmental Monitoring Services for Offshore Wind
Orkney-based marine services firm Green Marine UK has expanded its environmental monitoring offering for offshore wind to deliver ‘full-scope’ projects following a surge in contracts with Scotland's Marine Directorate.This follows 18-months of continuous work, largely involving the collection of PAM (Passive Acoustic Monitoring) devices. Operations have lasted up to 20-days retrieving circa 40 devices over distances approaching 250 nautical miles.PAM incorporates underwater microphones (hydrophones) to effectively monitor and record migratory fish, marine animals and the environment.
Windward Launches AI Threat Investigation System
Maritime AI company Windward has launched a new system: Advanced Intelligence, an AI-powered solution designed to empower intelligence and security organizations to uncover and handle threats more efficiently.The solution streamlines the entire investigation process from early anomaly detection and strategic investigations to vital context provided by MAI Expert™, Windward’s generative AI-powered virtual analyst. By controlling all aspects of the investigative process within one platform…
Vancouver Port Employers to Lock out Workers
The BC Maritime Employers Association said it would lock out workers on Monday at Canada's Port of Vancouver after a negotiating deadline passed, potentially disrupting exports of coal, potash and beef.The association, which includes private-sector waterfront employers, said it would lock out foremen and other members of International Longshore and Warehouse Union Local 514 at the country's largest port starting at 4:30 Pacific time (0030 GMT). A 13-day strike last year disrupted…
Houthis: Blockade on Israeli Vessels to Continue
Yemen's Houthis said on Sunday they would maintain their maritime blockade against Israeli vessels in response to "intelligence information" regarding Israeli shipping companies selling their assets to other companies.The Iran-aligned Houthis claim to be intensifying their attacks to support Hamas and Hezbollah in their resistance against Israeli actions in the region. "Intelligence information confirms that many companies operating in maritime shipping affiliated to the Israeli…
Israel Can't Hide from Houthi Attacks by Selling Ships
Yemen's Houthis said on Sunday they would maintain their maritime blockade against Israeli vessels in response to "intelligence information" regarding Israeli shipping companies selling their assets to other companies.The Iran-aligned Houthis have said they are intensifying their attacks to support Hamas and Hezbollah in their resistance against Israeli actions in the region."Intelligence information confirms that many companies operating in maritime shipping affiliated to the Israeli enemy are working to sell their assets and transfer their properties from shipping and maritime transport ship
Longshore Troubles Impact Canada Ports
Unionized workers started an unlimited strike at two terminals of the port of Montreal on Thursday amid stalled talks on a new labor contract, the employers' association said. The strike affects two terminals operated by Termont, which handle about 40% of the port's container traffic and roughly 15% of the port's overall cargo volume. Separately, Port of Vancouver foremen will be locked out on Monday unless they scrap a proposed strike, employers at Canada's biggest port said on Friday…
DOF Group Completes Acquisition of Maersk Supply Service
Norwegian offshore supply vessel company DOF Group has concluded the acquisition of Denmark-based Maersk Supply Service, which will be renamed to DOF Denmark.The combined company is expected to become one of the leading offshore service provider with comprehensive scale and a wide range of services across all continents in the offshore energy industries.The deal will see DOF's fleet grow to 78 modern offshore/subsea vessels, including 65 owned, with the addition of Maersk Supply Service's 22 vessels…
Finland Coast Guard Detects SatNav Jamming, Spoofing in the Baltic Sea
Finland's Coast Guard said it has detected constant disturbances to satellite navigation signals in the Baltic Sea since April and in recent weeks has seen tankers spoofing their location data to cover up visits to Russia.Last week, Finland's interior minister Lulu Ranne said Finland believes Russia is behind disturbances detected in Finland and the Baltic Sea region in the Global Navigation Satellite System (GNSS) and Global Positioning System (GPS) signals used in navigation.The Coast Guard said the GNSS jamming…
German Lawyers Want Explosives Shipment to Israeli Contractor Blocked
Human rights lawyers have filed a court appeal in Berlin seeking to block a 150-metric-ton shipment of military-grade explosives aboard German cargo ship MV Kathrin which they say is to be delivered to Israel's biggest defence contractor.The European Legal Support Center (ELSC) said on Wednesday the action was filed on behalf of three Palestinians from Gaza, arguing that the shipment of primarily RDX explosives could be used in munitions for Israel's war in Gaza, potentially contributing…
Mexican Ship Manager Caught Hiding Oily Water Discharges
Gremex Shipping S.A. de C.V., a Mexican ship management company has pleaded guilty to providing false records to the U.S. Coast Guard to conceal its illegal discharge of oily bilge waste, a felony violation of the Act to Prevent Pollution from Ships (APPS).The charge stems from a Coast Guard investigation of the cement carrier Suhar once it arrived in Pensacola, Florida, on August 25, 2023. The 7,602 gross ton Panamanian-flagged bulk carrier routinely hauled cement from Tampico…
US Shippers Avoid East Coast Ports on Risk of Second Strike
U.S. shippers are steering clear of East and Gulf Coast ports amid worries the 45,000 dockworkers at those trade hubs will go on strike again if their union leader does not land a new contract with employers by a Jan. 15 deadline.The International Longshoremen's Association (ILA) labor union and the United States Maritime Alliance (USMX) employer group had ended a three-day strike in October with a tentative agreement on wages, but left the thorny issue of port automation still to be resolved."Anything we expect that we need in the back half of January…
AI Assistant Scans Data Streams and Social Media to Identify Maritime Risks
Maritime AI company Windward has launched Early Detection, an AI-based solution that identifies anomalies that could impact maritime operations.Early Detection analyzes vast amounts of maritime data to spot irregular activities, thus enabling organizations to passively uncover anomalies or new trends automatically with no required user input. The capability alerts stakeholders to global events that would otherwise remain hidden, such as an increase in vessels loitering in specific locations or a surge in ships changing their flags even before the cause is apparent.
Royal Caribbean Boosts Annual Profit Forecast
Royal Caribbean lifted its annual profit forecast on Tuesday for the fourth time this year, driven by strong demand at higher prices for its voyages to private destinations, as well as its European and Alaskan vacations.Cruise operators have signaled that revenge travel - which boosted bookings following the pandemic lockdowns - has now been replaced by a growing shift among travelers to seek sea-based vacations.The company's shares rose about 1.3% in choppy morning trade, set to add to the 57% gain this year through Monday close.Royal Caribbean said demand for 2025 was strong…
Underwater Radiated Noise and Ocean Health
The maritime industry's push toward decarbonization brings an unexpected benefit: the reduction of underwater radiated noise (URN). While the sector focuses intensively on emissions reduction and fuel efficiency, these same measures are quietly contributing to a healthier acoustic environment in our oceans. For ship owners and operators already investing in green technologies, addressing URN can be a natural extension of existing environmental initiatives, offering a dual benefit…
Houthis Target Three Ships in Red Sea and Arabian Sea
Yemen's Houthis said on Monday that they targeted three ships in the Red Sea and Arabian Sea, attacks they called part of their efforts to enforce a naval blockade on Israel.Houthi military spokesperson Yahya Sarea said in a televised address the vessels were targeted for attempting to approach ports bound for Israel.According to the latest data from LSEG, all three targeted vessels were Liberia-registered.One of the vessels, identified by the Houthis as bulk carrier Motaro, was last seen off Yemen's western coast in the Red Sea…