Mercy Ships is known globally for its charitable work performing medical procedures in developing countries. For the first time, the organization has a new ship, Global Mercy, recently delivered from a shipyard in China. Jim Paterson, Marine Executive ...
Read more
Offshore Wind: High Tien Offshore to Acquire Taiwan’s First Cable Laying Vessel
Taiwan-based offshore engineering company High Tien Offshore Engineering has said it will invest into and own the first Taiwanese large Cable Laying Vessel (CLV) to support Taiwan's growing offshore wind ambitions.The company said that the vessel…
Read more
Supply Chain Shocks: Ocean Shipping Challenges Abound
Supply chain issues tied to liner shipping have been front page news throughout 2021; just about everyone agrees that there’s a problem. The underlying cause is right out of Economics 101: a surge in demand for moving containerized cargo, in…
Read more
US Barge Costs Spike Weeks After Hurricane Ida
Barge freight costs for moving grains in the Midwestern United States spiked on Thursday due to ongoing logistical problems more than two weeks after Hurricane Ida, while CHS Inc said the timeline to reopen its terminal remains uncertain.CHS Inc…
Read more
Louisiana Ports Seek Federal Aid for Ida Recovery
Several south Louisiana ports are requesting federal assistance to bolster recovery efforts in the wake of Hurricane Ida.On August 29, Ida made landfall in southeast Louisiana as a category 4 storm, heavily impacting local infrastructure, waterways…
Read more
Indonesia Warns Against Arms Race After Australian Nuclear Sub Pact
Indonesia said on Friday it was worried about an arms race in the region after neighboring Australia announced plans to acquire nuclear-powered submarines as part of a new Indo-Pacific security alliance with the United States and Britain.Known as AUKUS…
Read more
Hyundai Heavy Industries Shares Jump Above IPO Price on Debut
Hyundai Heavy Industries' shares closed 86% above their initial public offering (IPO) price on their trading debut in South Korea on Friday.The shipbuilder, one of the largest in the world, raised $935 million from its IPO, with much of the proceeds se...
Read more
Port of Mukran to Serve as O&M Base for Parkwind’s Baltic Sea Wind Farm
Offshore wind developer Parkwind has selected the Port of Mukran as a service base that will serve its Arcadis Ost I wind farm, in the Baltic Sea, offshore Germany.Earlier this week, Parkwind, wind turbine maker Vestas, and construction firm…
Read more
Quick Nord Stream 2 Start-up Would Calm Record-high Gas Prices in Europe, Kremlin Says
A rapid startup of the Nord Stream 2 gas pipeline from Russia to Germany could help calm record-high gas prices in Europe, Kremlin spokesman Dmitry Peskov told reporters on Wednesday, as Moscow awaits for regulatory clearance for gas flows to…
Read more
The Path to Zero: Navigator Gas Earns AiP for Ammonia Fueled Gas Carrier
Navigator Gas was awarded an Approval in Principle (AiP) for an ammonia fueled gas carrier design from DNV. The new design draws together a consortium including MAN Energy Solutions, Babcock International and the Norwegian Maritime Authority (NMA)…
Read more