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Houthis Continue Strikes with Missiles Toward Tankers and U.S. Destroyer

Houthis Continue Strikes with Missiles Toward Tankers and U.S. Destroyer

  The Houthis continued targeting ships in the Red Sea and Gulf of Aden firing several missiles toward both tankers and a U.S. warship earlier today. This comes despite the efforts by the U.S. and...

S. China Sea's Subsea Features Get New Chinese Names

S. China Sea's Subsea Features Get New Chinese Names

On Tuesday, China released the results of a new geological survey of the South China Sea, and claims to have named nearly 400 subsurface features throughout the water body.  Beijing claims sovereig...

Brazil Offers $1.3 Billion in Subsidies for Shipbuilding Sector

Brazil Offers $1.3 Billion in Subsidies for Shipbuilding Sector

  In line with Brazil’s pledge to restore its offshore shipbuilding industry, the state-backed Merchant Marine Fund (MMF) has approved $1.3 billion to support local shipyards in delivering new orde...

Maersk Christens its First 16,000 TEU Methanol-Powered Container Ship

Maersk Christens its First 16,000 TEU Methanol-Powered Container Ship

  Maersk Line has christened its first 16,000-TEU dual-fuel methanol container ship, and it will be known as the Ane Maersk.  The vessel is named after Ane Maersk Mc-Kinney Uggla, chair of A.P....

Red Sea Security Crisis Affects a Widening Swath of the Global Economy

Red Sea Security Crisis Affects a Widening Swath of the Global Economy

Persistent Houthi missile attacks in the Red Sea are affecting a widening spectrum of maritime commerce, spreading beyond liner shipping to include the wet bulk, dry bulk, car carrier and LNG trades....

Dutch Company Vroon Expands Livestock Fleet Despite Efforts to End Trade

Dutch Company Vroon Expands Livestock Fleet Despite Efforts to End Trade

  The Dutch shipping company Vroon is reporting that it expanded its livestock carrier fleet with the acquisition of its thirteenth dedicated vessel. The company highlights its use of modern ships...

Two Killed at Pakistani Breakers as HK Convention Promises Improvements

Two Killed at Pakistani Breakers as HK Convention Promises Improvements

The death of two workers at a Pakistan shipbreaking yard last week is again being used as an opportunity to call attention to the need to enforce safety at the yards and reforms for the industry. The...

Report: White House Directs Review of LNG Terminal's GHG Footprint

Report: White House Directs Review of LNG Terminal's GHG Footprint

sdThe Biden administration is rethinking its approach to LNG export terminal permitting in advance of the November election, officials have told the New York Times.  The booming U.S. natural gas in...

BP and Equinor End NY Offshore Wind JV Splitting Empire and Beacon Wind

BP and Equinor End NY Offshore Wind JV Splitting Empire and Beacon Wind

  Two of the large offshore wind developers, BP and Equinor, announced an agreement to end their joint venture projects in New York and independently pursue future offshore wind opportunities as th...

After Encountering Ballistic Missiles, Royal Navy Upgrades Air Defenses

After Encountering Ballistic Missiles, Royal Navy Upgrades Air Defenses

The UK Ministry of Defence has announced a long-awaited $500 million upgrade to the Sea Viper missile system, which is fielded on the UK's premier air defense destroyer. The upgrade is aimed at improv...