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Hijacked Bunkering Tanker Remains Missing in Gulf of Guinea

Hijacked Bunkering Tanker Remains Missing in Gulf of Guinea

Despite technological advances in vessel tracking and detection, a 6,000 dwt bunkering tanker believed to be boarded by pirates is still missing after four days, illustrating the persistent challenge...

Biden Administration Reapproves Massive Alaska LNG Project

Biden Administration Reapproves Massive Alaska LNG Project

Affirming a decision made by the Trump administration in 2020, the Department of Energy has issued an order approving gas exports from the Alaska LNG plant, the linchpin of a massive $39 billion megap...

IMB Calls for More Action Against Piracy Despite 30-Year Low

IMB Calls for More Action Against Piracy Despite 30-Year Low

While reporting that piracy against ships is at the lowest level in 30 years, the ICC International Maritime Bureau is repeating its calls for continued, robust, and coordinated regional and internati...

PMA Accuses ILWU Local of Illegal “Disruptive Actions” at SoCal Ports

PMA Accuses ILWU Local of Illegal “Disruptive Actions” at SoCal Ports

Eleven months into the contract negotiations governing dockworkers at the West Coast’s ports, the promises of cooperation are quickly fading with the employers’ representative for the first time today...

BIMCO: Changes Ahead as Containership Orders Reach Record High

BIMCO: Changes Ahead as Containership Orders Reach Record High

The current slowing in the global container markets has done little to slow carriers’ appetite for new capacity. BIMCO in its latest market report writes that the record high container orderbook signa...

ESPO Calls for Including Europe's Wind & Green Energy Ports in TEN-T

ESPO Calls for Including Europe's Wind & Green Energy Ports in TEN-T

The European Sea Ports Organisation (ESPO) is warning that a proposed revision to the EU's cornerstone Trans-European Transport Network (TEN-T) policy could put seaports that focus on offshore wind at...

Explora I Completes Trials as MSC Prepares Launch of Luxury Brand

Explora I Completes Trials as MSC Prepares Launch of Luxury Brand

MSC Group has taken another key step as they prepare to launch their new luxury cruise line brand Explora Journeys. They are reporting that Italian shipbuilder Fincantieri recently completed sea trial...

BAE Invests $200M in Shiplift Project for Jacksonville Repair Yard

BAE Invests $200M in Shiplift Project for Jacksonville Repair Yard

On Monday, BAE Systems broke ground on a $200 million upgrade to its ship repair yard in Jacksonville, Florida. The improvements include a Pearlson Shiplift for drydocking, which will be the largest l...

Brookfield to Buy Container Lessor Triton for $4.7B as Market Softens

Brookfield to Buy Container Lessor Triton for $4.7B as Market Softens

In an interesting play on the perceived opportunities in the container industry, well-known alternative asset manager Brookfield announced a deal to acquire Triton International, the world’s largest o...

ABS Wavesight™ and ActZero Alliance New Alliance

ABS Wavesight™ and ActZero Alliance New Alliance

  ABS Wavesight™, an ABS-affiliated software-as-a-service (SaaS) company, announced a new alliance with ActZero©, an award-winning managed detection and response (MDR) service provider, to help saf...