Ship engine manufacturer Wärtsilä expects to deliver its first ammonia-fueled engine on a new vessel in early 2025, with more widespread sales expected in the 2030s, a company executive told Reuters.Ammonia is among several alternative fuels…
Read more
German Prosecutors Probe Ship for Possible Russian Sanctions Breach
A cargo ship leaving Russia that made an unscheduled stop at the German port of Rostock is under investigation there for carrying cargo in possible breach of sanctions, German authorities said on Wednesday.The Atlantic Navigator II, managed…
Read more
OpEd: US Commercial Shipbuilding and Repair Industry Ensures American Strength at Sea
As Senator Roger Wicker of Mississippi once said, “Growth in commercial shipbuilding facilitates growth in the battle fleet.” Sen. Wicker shrewdly recognizes that America’s manufacturing capacity and national security are deeply intertwined.
Read more
Great Lakes Iron Ore Trade Up 25.5% in March
Shipments of iron ore on the Great Lakes totaled 1.6 million tons in March, an increase of 25.5% compared to 2023, according to latest figures published by trade group the Lake Carriers’ Association (LCA). Loadings also topped the month’s 5-year averag...
Read more
Rottnest Fast Ferries Orders New Vessel
Construction on a new passenger ferry, designed by Incat Crowther for Western Australian ferry operator Rottnest Fast Ferries, has commenced at Austal Philippines.The new ferry will operate on the popular Perth to Rottnest Island tourism route…
Read more
Wallenius Wilhelmsen Sees Up to $10 Million Hit from Baltimore Disaster
Norwegian car shipping firm Wallenius Wilhelmsen estimates a $5 million to $10 million hit to core earnings from last week's U.S. Baltimore bridge collapse and expects the key ship channel to be closed for weeks, it said on Wednesday.The company…
Read more
Eastern Partners with Royal IHC to Build USACE Hopper Dredge
U.S. shipbuilder Eastern Shipbuilding Group, Inc (ESG) on Wednesday announced it is teaming up with Dutch shipbuilding group Royal IHC to design and construct a highly automated hopper dredge for the U.S. Army Corps of Engineers (USACE).The diesel-elec...
Read more
Brent Oil Hits Highest Price This Year on Fresh Supply Threats
Global oil benchmark Brent on Tuesday rose above $89 a barrel for the first time since October, albeit briefly, as oil supplies faced fresh threats from Ukrainian attacks on Russian energy facilities and escalating conflict in the Middle East.Brent fut...
Read more
ECOLOG Gains ‘Industry-first’ Approval from ABS
Classification society ABS announced it has awarded ECOLOG, a mid-stream Carbon Capture, Utilization and Sequestration (CCUS) service provider, with an industry first ISM Document of Compliance for the operation of liquified CO2 carriers on…
Read more
Biden Administration Approves Eighth US Offshore Wind Project
The U.S. Interior Department on Tuesday approved the country's eighth commercial-scale offshore wind project, which will be built off the coast of Massachusetts, bringing online electricity to power more than 900,000 homes.The approval for Avangrid’s N...
Read more