Maersk expects global trade growth rising as much as 7% next year, bolstered by strong demand from the United States where a potential port strike and tariffs on foreign-made goods loom, an executive at the global carrier said on Wednesday."We predict ...
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Taiwan: China’s threat towards island is “evolving”
Taiwan's defense ministry said on Friday that China's threat to Taiwan and the region has been evolving since 2022, when it began its current series of war games, and its recent large-scale buildup of maritime forces is a testament to this.China's…
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Hindustan Shipyard Lays Keel for New Indian Navy’s Fleet Support Ship
The keel of the first of five Fleet Support Ships (FSS), being built at Hindustan Shipyard, was recently laid at a ceremony held at the shipyard.The HSL VC11200 project project, when delivered, will considerably enhance the Indian Navy’s operational…
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Panama Canal Battles Ongoing Drought
The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability…
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Singapore’s MPA looks to scale up LNG bunkers
The Maritime and Port Authority of Singapore (MPA) has launched an expression of interest (EOI) to gather proposals for scaling up liquefied natural gas (LNG) for bunkering or ship refueling, it said in a statement on Thursday.The EOI seeks…
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BOEM Advances Leasing for GoM Offshore Wind Energy
The Bureau of Ocean Energy Management (BOEM) announced today that it is issuing a Determination of Competitive Interest in two Wind Energy Areas (WEAs) in the Gulf of Mexico. The determination comes after an unsolicited request from Hecate Energy…
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Woodside’s North West Shelf Project Gets Australian Gov’s Approval
The Western Australian Government has issued an environmental approval to Woodside and the North West Shelf joint venture for extension of the project.After six years of assessment and appeals, this is a critical step in the approvals process…
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Beacon Offshore Hires Subsea7 for US Gulf of Mexico Deepwater Job
Texas-based exploration and production company Beacon Offshore Energy has awarded a contract to Subsea7 for the work on Monument development in the U.S. Gulf of Mexico.The project involves the installation of a high-pressure 27-kilometre subsea…
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Seaway7 Secures More Work at Dogger Bank Offshore Wind Farm
Dogger Bank Offshore Wind Farm, a joint venture partnership between SSE Renewables, Equinor, and Vårgrønn, has signed a vessel reservation agreement with Seaway7 to support the construction of the offshore wind farm being built in the U.K. North…
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Rongsheng Heavy Industries Restarts Business
The once bankrupt Chinese shipbuilder Rongsheng Heavy Industries has restarted business under the new name of Jiangsu New Rongsheng Heavy Industry.Rongsheng was previously the largest private shipbuilding company in China, and it owned four large docks...
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