Maryland said on Thursday it estimates it will cost $1.7 billion to $1.9 billion to rebuild a collapsed Baltimore bridge and anticipates it will be completed by fall 2028.The Maryland Department of Transportation said the state's "planning level…
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Houthis Say They Will Target Ships Heading for Israel Anywhere within Range
Yemen's Houthis will target ships heading to Israeli ports in any area that is within their range, military spokesman Yahya Sarea said in a televised speech on Friday."We will target any ships heading to Israeli ports in the Mediterranean Sea in any ar...
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The Nordic Maritime Forum 2024 will happen in Oslo
In the heart of maritime excellence in Oslo, Norway, the stage is set for the Nordic Maritime Forum 2024 to bring together industry leaders, ranging from shipowners, ship managers, ports, regulators, and classification societies to technology companies...
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Crescent Towing Adds New Escort Tug for Port of Savannah Operations
New Orleans-based marine towage provider Crescent Towing announced it has taken delivery of its newest tugboat, Angus R. Cooper II.The new escort tug was constructed at Blakeley BoatWorks in Mobile, Ala., to be added to Crescent's ship assist operation...
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Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt
Norway-based Höegh LNG has made an agreement with Australian Industrial Energy (AIE) and Egyptian Natural Gas Holding Company (EGAS) for the deployment of the floating storage and regasification unit (FSRU) Hoegh Galleon. The aim of the deployment is t...
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Van Oord’s Heavy-Lift Installation Vessel Gets Major Upgrade
Van Oord’s Svanen vessel has received a major upgrade which increased its total height to 125 meters, making it one of the largest heavy-lift vessels in the world suitable for handling the next generation of monopile foundations for offshore…
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Iran Says Crew of Israel-Linked Ship Freed
Iran has released the crew of a seized Portuguese-flagged ship linked to Israel, but remains in control of the vessel itself, Foreign Minister Hossein Amirabdollahian said.Iran's Revolutionary Guards seized the container ship MSC Aries, with a crew of ...
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CIMAC Digitalization Strategy Group Publishes New Position Paper
The CIMAC Digitalization Strategy Group has published a new Position Paper titled: On enabling the implementation of a ship-wide data ecosystem. CIMAC is a global non-profit association promoting the development of ship propulsion, train drive…
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Long Term Rates Edge Up Globally as Red Sea Conflict Continues
Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the market remains gripped by uncertainty in the Red Sea, according to new data on the Xeneta Shipping Index (XSI®).The latest…
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April Sees Jump in Methanol-Fueled Tanker Orders
According to the latest figures from DNV’s AFI platform, 23 new orders for alternative fueled vessels were registered in April 2024.A majority of these (12) were for methanol-fueled tankers, a segment where the uptake of alternative fuels has…
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