China's Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticizing CK Hutchison's port deal with U.S. firm BlackRock as a betrayal of China, sending shares of the Hong Kong-based conglomerate sharply lower on Friday.The repost…
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ShorelineHudson: An Insurance and Risk Solutions Partnership
Shoreline and HudsonAnalytix launched of ShorelineHudson, a partnership to provide the maritime industry with integrated insurance and risk management solutions. ShorelineHudson’s mission is to predict, innovate, and respond to the ever-evolving risks ...
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Ireland Elected to the Council of IALA
Ireland has been elected to the Council of IALA, the International Organisation for Marine Aids to Navigation. IALA was founded in 1957 and has recently transitioned into an inter-governmental organization. The Irish Government ratified the IALA Conven...
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Electric Tugboat Passes Sea Trials
The first electric tugboat in Latin America, which will operate in Chile thanks to an agreement between Enap and SAAM Towage, continues to advance with the latest sea trials and bollard pull testing at the shipyard vicinity in Tuzla Bay, Istanbul.This…
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O’Grady Tapped for Leadership at NUWC Newport
Stephen O’Grady, of East Providence, Rhode Island, has been selected as the next deputy technical director for technical excellence at the Naval Undersea Warfare Center (NUWC) Division Newport.Formerly the director of technology and strategy for the Un...
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DOF Hooks FPSO Installation Job Off Africa
Norwegian offshore supply vessel operator DOF Group has secured a contract for the installation of a floating, production, storage and offloading (FPSO) unit from an undisclosed client offshore Africa.DOF will deliver project management, engineering…
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First Foundations for 1.6GW German Offshore Wind Project Reach Dutch Port
The first eight foundations for the Nordeseecluster, a 1.8GW offshore wind project being built in the German North Sea, have arrived and been offloaded in the Dutch base port Eemshaven.The foundations are around 85 meters long on average and weigh appr...
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ABS Raises Concerns Over IMO’s ‘Wild Card’ Carbon Levy Proposal
Uncertainty about the scale and nature of the IMO’s proposed carbon levy is holding back investment in shipping, according to the Christopher J. Wiernicki, Chairman and CEO of American Bureau of Shipping (ABS).“A carbon levy is a wild card. It will al...
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DNV Grants AiP for Shell and Brevik Engineering’s LCO2 Carrier Design
DNV has awarded a detailed Approval in Principle (AiP) to Shell International Trading and Shipping Company and Brevik Engineering for their design of a 74,000 cubic meters (cbm) liquid carbon dioxide (LCO2) carrier.The vessel is specifically…
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Kongsberg to Design and Equip Olympic’s Two Subsea Construction Vessels
Kongsberg Maritime has signed a contract for the design and equip two multi-purpose subsea vessels for Olympic Group, which will be methanol-ready and feature battery hybrid technology.The UT7623 Sustainable Energy Vessels (SEVs) are the first…
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