Search Results for "how to buy ships"

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Study: Asian Ports Need $12B a Year in Investment

Study: Asian Ports Need $12B a Year in Investment

As an emerging economic powerhouse, the East Asia and Pacific region has become one of the most trade-dependent regions in the world. At the heart of this trade is a strong reliance on efficient ports...

Study: Long Jones Act Waiver Could Cut U.S. Shipbuilding Activity by $2.6B

Study: Long Jones Act Waiver Could Cut U.S. Shipbuilding Activity by $2.6B

In a new study conducted for the Transportation Institute, international consultancy PwC has calculated the potential cost to U.S. maritime capability if the White House's Jones Act waiver is sustaine...

UK Government Ends Royal Fleet Auxiliary Labor Dispute with Pay Increase

UK Government Ends Royal Fleet Auxiliary Labor Dispute with Pay Increase

The UK government is moving to end the protracted labor disputes that have disrupted the Royal Fleet Auxiliary (RFA) in recent years, reaching an agreement with unions on a long-sought pay increase fo...

Fiber-Optic Cables Can be Used to Track "Silent" Bow Wave Vibrations

Fiber-Optic Cables Can be Used to Track "Silent" Bow Wave Vibrations

[By Nancy Bazilchuk] A 100-year-old equation and a fibre-optic cable off the coast of Svalbard led researchers to discover they could detect swimming whales — even if they were completely silent. T...

Sri Lanka’s Colombo Dockyard Returns to Profitability as Orders Rise

Sri Lanka’s Colombo Dockyard Returns to Profitability as Orders Rise

Sri Lanka’s biggest shipbuilder, Colombo Dockyard, has returned to profit following several years of restructuring. In a stock exchange filing last week, the dockyard reported positive earnings in the...

Tiny Crystals Reveal Historical Background of the Batavia Mutiny

Tiny Crystals Reveal Historical Background of the Batavia Mutiny

[By Anthony Clarke and Chris Kirkland]   Few episodes occupy a darker place in maritime history than the wreck of the Batavia. Wrecked off the mid-west coast of Western Australia in June 1629, 159...

Video: Five Dead, 41 Missing in Fire Aboard Indonesian Ferry

Video: Five Dead, 41 Missing in Fire Aboard Indonesian Ferry

A fire on board a crowded Indonesian ferry has killed at least five people, according to authorities in Java, and dozens of passengers remain missing.  On Sunday morning, the ferry Mutiara Sentosa...

Report: U.S. European Command Needs Extra Destroyer to Defend Israel

Report: U.S. European Command Needs Extra Destroyer to Defend Israel

The head of U.S. European Command has informed the Pentagon that his forces will soon have so few air defense interceptors in inventory that it will have to make a choice: defend Israel from the threa...

Op-Ed: Sanctions Drive Growth of a Parallel Shipping Economy

Op-Ed: Sanctions Drive Growth of a Parallel Shipping Economy

The Russia – Ukraine war started on 24 February 2022, when Moscow invaded its neighbor. The invasion triggered widespread condemnation, and a coalition of over 40 countries has imposed coordinated eco...

LNG Carrier Hit By Iranian Attack in Strait of Hormuz

LNG Carrier Hit By Iranian Attack in Strait of Hormuz

Shipping activity overnight and into August 1 appears to have been subdued in the Strait of Hormuz, with two Iranian attacks on vessels in transit late Friday. No attacks or disruptions were noted in...