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Value Maritime and MOL Team Up to Capture Carbon Together

Value Maritime and MOL Team Up to Capture Carbon Together

[By: Value Maritime] Dutch emission-reducing tech enterprise, Value Maritime (VM) and Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) have inked a contract for VM to supply an Exhaust Gas...

China Cracks Down on Corruption in the Belt and Road Program

China Cracks Down on Corruption in the Belt and Road Program

[By Devendra Kumar] The Chinese Communist Party (CCP) is increasingly taking a stand against corruption in the Belt and Road Initiative (BRI). Bribing foreign officials in securing projects ha...

China Calls Accusations “Untenable” in Response to US Shipbuilding Inquiry

China Calls Accusations “Untenable” in Response to US Shipbuilding Inquiry

Chinese officials and the state-run media continued the strong response denouncing the U.S.’s announcement of a trade investigation into the shipbuilding sector and efforts to triple the ta...

Shipbuilder Hyundai Enters European Wind Market with Agreement in Scotland

Shipbuilder Hyundai Enters European Wind Market with Agreement in Scotland

South Korean shipbuilder HD Hyundai Heavy Industries is entering the European offshore wind energy market as it looking for opportunities to leverage its expertise and expand its presence in offs...

Pirates Release Bulker Abdullah in Exchange for $5M Ransom

Pirates Release Bulker Abdullah in Exchange for $5M Ransom

The Somali pirate crew that hijacked the Bangladeshi-flagged bulker Abdullah have received their ransom payout and have departed the ship, releasing the vessel and its 23 crewmembers. Abdulla...

Wärtsilä ANCS New NACOS Connect, a Seamless Solution for a Connected Future

Wärtsilä ANCS New NACOS Connect, a Seamless Solution for a Connected Future

[By: Wärtsilä ANCS] Wärtsilä ANCS, part of technology group Wärtsilä, launches a new digital platform, NACOS Connect, for commercial use after five years of careful de...

What Are China's Ambitions in the Antarctic?

What Are China's Ambitions in the Antarctic?

[By Benjamin Sacks and Peter Dortmans] The recent opening of China’s Qinling base, its third permanent Antarctic station, has worried some Australian and American observers. Their concer...

Ukraine Hits Russia's Third-Largest Refinery With Long-Distance Drone

Ukraine Hits Russia's Third-Largest Refinery With Long-Distance Drone

Despite reported warnings from the Biden administration, the Ukrainian military has launched another deep strike on a Russian refinery complex, hitting a large petrochemical facility about 700 miles e...

Report: U.S. Navy's New Frigate May Deliver Three Years Late

Report: U.S. Navy's New Frigate May Deliver Three Years Late

The U.S. Navy's future Constellation-class frigate program is on track to run as much as three years late, according to USNI. Weighed down by workforce recruitment issues and design maturity chall...

Fugro Partly Converts a Survey Vessel to Run on Methanol

Fugro Partly Converts a Survey Vessel to Run on Methanol

Dutch multinational Fugro plans to partly convert one of its geophysical survey vessels to run on methanol, a low-carbon fuel that is expected to play a central role in decarbonizing the shipping indu...