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Three Racing Trimarans Capsize in One Night on Transatlantic Race

Three Racing Trimarans Capsize in One Night on Transatlantic Race

The Transat Café l'Or ocean race got off to a rough start last weekend with the capsizings of no less than three high-spec Ocean Fifty racing trimarans, all within hours of each other....

US Navy Investigates Fuel After Loss of Two Aircraft from USS Nimitz

US Navy Investigates Fuel After Loss of Two Aircraft from USS Nimitz

The U.S. Pacific fleet announced late on October 26 that it had lost two aircraft, a helicopter and a fighter jet, while on routine missions from the carrier USS Nimitz. Speaking to reporters, Donal...

Software Innovation Meets Maritime Expertise in Houston Gathering

Software Innovation Meets Maritime Expertise in Houston Gathering

[By: ABS Wavesight™] ABS Wavesight™, the ABS-affiliated software-as-a-service (SaaS) company, brought together customers for two days of interactive sessions to hear the latest product...

Digital Sea Change

Digital Sea Change

AI and machine learning continue to be the bogeyman for many in the maritime industry. Mariners have always relied on experience-honed skills and adaptability to maintain a safe watch. Adding AI to...

Famed Investment Firm KKR Makes $500M Bet on Container Leasing

Famed Investment Firm KKR Makes $500M Bet on Container Leasing

The well-known and respected investment firm KKR announced it is committing $500 million to the launch of a new global marine container leasing and financing platform. Seeing strong opportunities...

Shipowners Take Steps to Avoid U.S. and Chinese Port Fees

Shipowners Take Steps to Avoid U.S. and Chinese Port Fees

Shipowners are starting to reveal some of the steps that are being taken to avoid the port fees instituted by the U.S. and China this week, targeting ships built, owned, or operated by companies in...

Cyprus' Shipowners Call for Voting Down IMO's Net-Zero Framework

Cyprus' Shipowners Call for Voting Down IMO's Net-Zero Framework

In the midst of high-stakes negotiations over the future of IMO's emissions rules, Cyprus' influential shipowners have publicly joined the side of the "nays" on the Net Zero Fra...

USTR and Chinese Retaliation Take Center Stage

USTR and Chinese Retaliation Take Center Stage

On Tuesday, October 14, the port fees targeting the Chinese maritime sector will go into effect. The Office of the United States Trade Representative (“USTR”) announced these fees in...

Calling USTR Port Fees Protectionist, China Launches Reciprocal Port Fees

Calling USTR Port Fees Protectionist, China Launches Reciprocal Port Fees

Days before the U.S. is scheduled to start collecting port fees for Chinese-owned, operated, or built ships, China’s Ministry of Transportation announced its own program of “special p...

Sanctioned Iranian Bulker Spotted Offloading Cargo in Brazil

Sanctioned Iranian Bulker Spotted Offloading Cargo in Brazil

A blacklisted Iranian bulker has arrived at a port in Brazilian state of Santa Catarina and reportedly offloaded a cargo of fertilizer, a double violation of U.S. sanctions on Tehran's indust...