Britain's navy will accompany UK-flagged ships through the Strait of Hormuz to provide protection after the U.S. killing of Iranian military commander Qassem Soleimani inflamed tensions in the region.Britain's defence minister, Ben Wallace,…
Read more
US Coast Guard Vessel Capsizes
A U.S. Coast Guard vessel capsized on Saturday with four crew members aboard near Pier 39 in Astoria, Ore.Four Coast Guardsmen were aboard the 26-foot Coast Guard Trailerable Aids to Navigation Boat conducting routine operations when the vessel…
Read more
KR Appoints New Chairman & CEO
The Korean Register (KR) has appointed Hyung-chul Lee as its 24th Chairman & CEO. His term began on December 23, 2019 and runs for three years until December 22, 2022.Hyung-chul Lee joined KR in 1988 and has until now held the position of Executive Vic...
Read more
Op/Ed: What Good Boats Can Do
Stay in your lane. Ignoring such wisdom can result in catastrophe if you’re drag racing and lead to general unpleasantness on bowling league nights. This same guidance in other circumstances, for example, can be toxic. It can inhibit innovation and…
Read more
HMD Confirms Evergreen Boxship Order
South Korean shipbuilder Hyundai Mipo Dockyard (HMD), a unit of Hyundai Heavy Industries (HHI), has confirmed the KRW 110 billion ($100m) newbuilding order for four units of 1,800 TEU container carriers from Taiwanese shipping line Evergreen Marine Cor...
Read more
MTS Appoints Dr. Josh Kohut as VP
The Marine Technology Society (MTS) announced that its membership has elected Dr. Josh Kohut, a professor at Rutgers University at the Center for Ocean Observing Leadership, to serve on its Board of Directors as the Vice President of Education…
Read more
For Fireboats, The Heat is On
These days, cost-conscious municipalities across the fruited plain, from sea to shining sea, are ordering new waterborne assets to cover their many local responsibilities. When they do, they want ‘more bang for their buck,’ combining multiple…
Read more
Egypt Shuts Two Med Ports Due to Bad Weather
Egypt on Friday closed the harbors of two of its Mediterranean ports, Alexandria and Dekheila, due to bad weather, the Alexandria Port Authority said.The harbors were shut due to high waves and wind speeds, preventing ships from entering or leaving the...
Read more
Baltic Index Hits 8-month Low
The Baltic Exchange's main sea freight index touched its lowest level in eight months on Friday, weighed down by weak demand across all vessel segments.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bul...
Read more
Venezuela Alters Oil Royalty Formulas, Driven by IMO 2020
Venezuela has changed the formulas for calculating royalties energy companies pay the government to remove references to fuel oil and some crude grades, driven by stricter rules governing marine fuel emissions, according to a document seen by Reuters.A...
Read more