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Search Results for "how to buy ships"

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Sulfur-Laden Bulkers Face Corrosion Threat After Hormuz Delays

Sulfur-Laden Bulkers Face Corrosion Threat After Hormuz Delays

The Gulf states are some of the world's most prolific exporters of raw sulfur, the core ingredient for sulfuric acid, the world's most-produced industrial chemical. The region's energy industry enable...

Canada Opts for German Submarines

Canada Opts for German Submarines

In an extremely rapid procurement process for such a high-value contract, Canada appears to have opted for the German-designed Type 212CD submarine over a South Korean alternative, the Hanwha Ocean KS...

Whale Sinks Fire Dept. Boat Returning Home After July 4 Parade

Whale Sinks Fire Dept. Boat Returning Home After July 4 Parade

The Carteret Fire Department in New Jersey had lent its Marine Unit 2 to aid with the security detail in New York Harbor on July 4. The vessel was spotted patrolling in the harbor and participating in...

Three Iran-Linked Tankers Detained in India Driven Toward Shore in Monsoon

Three Iran-Linked Tankers Detained in India Driven Toward Shore in Monsoon

The Indian Coast Guard was forced to mount a rescue mission on Sunday, July 5, as three tankers detained by the Indian courts were being driven toward shore in a monsoon. The vessels, all linked to Ir...

IMO Calls for Release of Three Ships Hijacked by Somali Pirates

IMO Calls for Release of Three Ships Hijacked by Somali Pirates

The IMO is growing increasingly concerned over the fate of dozens of seafarers who are currently being held for ransom by Somali pirates - including crewmembers who are suffering significant health se...

Ukraine Strikes Russian Tankers, Ports, Refineries in Overnight Barrage

Ukraine Strikes Russian Tankers, Ports, Refineries in Overnight Barrage

Ukraine launched one of its largest coordinated attacks, coordinated by multiple units and hitting targets across Russia, as it continues to target Russia’s energy industry. In addition to hitting por...

Maersk and Hapag to Shift One Route to Suez-Red Sea Transit

Maersk and Hapag to Shift One Route to Suez-Red Sea Transit

Maersk and Hapag-Lloyd have jointly agreed to again attempt a return to the Suez Canal and Red Sea transit for one of their shipping routes under the Gemini Cooperation. It is the second time this yea...

Panama Canal Plans Two More Decreases in Neopanamax Draft Levels

Panama Canal Plans Two More Decreases in Neopanamax Draft Levels

After taking what was called a preemptive step in June to lower the maximum drafts of vessels, the Panama Canal Authority announced it will step down the draft levels in two stages in July and August....

Israeli Defense Ministry Comes Out Against Sale of Zim to Hapag-Lloyd

Israeli Defense Ministry Comes Out Against Sale of Zim to Hapag-Lloyd

Opposition continues to mount in Israel to the agreed sale of Zim to Hapag-Lloyd and the formation of a smaller domestic shipping company by an investment fund. Israel’s Defense Ministry issued a stat...

The Swedish Club Warns Crew Competence Must Keep Pace With Asia's New Generation Of Vessels

The Swedish Club Warns Crew Competence Must Keep Pace With Asia's New Generation Of Vessels

[By Swedish Club] Asia's rapid investment in LNG and alternative fuel vessels must be matched by greater investment in crew competence if the industry is to realise the safety benefits of next-gene...