Freeport LNG pointed to deficiencies in safety valve testing and operating procedures as the root causes of a pipeline explosion that shut its export plant in Texas on June 8, according to a report released on Tuesday.The fiery explosion at the Texas G...
Read more
New Report Tracks the Maritime Industry’s Progress to Net Zero
A new report from the Global Maritime Forum, prepared on behalf of the Getting to Zero Coalition, assesses progress toward the development of Green Shipping Corridors - maritime routes between major port hubs where zero-emission solutions are…
Read more
Australia Bans Bulk Carrier Over Unpaid Wages
A Panamanian-flagged bulk carrier has been detained and is temporarily prohibited from entering Australian ports after it was discovered the crew onboard was being underpaid.The Australian Maritime Safety Authority (AMSA) said it banned the…
Read more
Alternative Fuels, Newbuilds and Retrofits are Key to Marine Industry Growth
The global marine vessel market is projected to grow from $170.75 billion in 2021 to $188.57 billion in 2028 at a CAGR of 1.43%, according to research from Fortune Business Insights.From transportation vessels to workboats to marine construction ships…
Read more
Silver Ships Appoints Co-Owner Steven Clarke to CEO
Mobile, Ala. shipbuilder Silver Ships announced Steven Clarke has been appointed to the role of CEO. Clarke joined Silver Ships in 2015 as co-owner and chief financial officer. Since then, the company experienced a revenue increase of more than 40%.
Read more
BAE Systems Wins $5 Billion Naval Shipbuilding Contract
Multinational defense contractor and shipbuilder BAE Systems announced it has been awarded a £4.2 billion (approx. $5 billion) contract from the U.K. Ministry of Defense to build the next five City Class Type 26 frigates for the U.K. Royal Navy…
Read more
Intellian to Design and Supply User Terminals for Viasat Maritime
Satellite communications solutions provider Intellian has been awarded a contract to design and supply a bespoke range of Ka-band user terminals exclusively for communications company Viasat’s Maritime connectivity solution.In addition, Intellian…
Read more
Kongsberg Digital Adds Propulsion Analytics’ Tools to Kognifai Marketplace
Kongsberg Digital and Propulsion Analytics have signed a partnership that will add Propulsion Analytics’ Engine Hyper Cube and VesselQUAD applications to the Kognifai Marketplace digital tools platform.Propulsion Analytics supplies applications…
Read more
Svitzer Announces Lockout in Australia
Svitzer Australia, a subsidiary of A.P. Møller – Maersk, announced on Monday that it will lock out all harbor towage employees covered under its 2016 National Towage Enterprise Agreement and their union bargaining representatives starting Friday…
Read more
Five Iran-related Oil Tankers Lose Their Flags Following US Sanctions
The international ship registries of Djibouti and the Cook Islands suspended the flags to five oil tankers, following sanctions by the United States this month for having facilitated oil trade for Hezbollah and Iran's Quds Force, non-government organiz...
Read more