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Water Resources Development Act (WRDA) 2022 Passes in Senate

Water Resources Development Act (WRDA) 2022 Passes in Senate

Last night, the Water Resources Development Act (WRDA) of 2022 passed in the Senate by a vote of 83-11. It was included as part of the FY23 National Defense Authorization Act (NDAA).  The bill passed...

Emissions Can Be Cut by 97.5% By Switching to Foiling Electric Vessels

Emissions Can Be Cut by 97.5% By Switching to Foiling Electric Vessels

A study from The Royal Institute of Technology in Stockholm says emissions from ships could be reduced by 97.5% by switching from diesel vessels to a new type of electric hydrofoil ship that will be i...

Thessaloniki Port Community Meeting

Thessaloniki Port Community Meeting

The meeting of the Thessaloniki Port Users’ Council was held today, Thursday, December 15, 2022, via teleconference, under the chairmanship of the Executive Chairman of the BoD & Managing Director of...

KSOE Bids to Acquire Marine Engine Manufacturer STX

KSOE Bids to Acquire Marine Engine Manufacturer STX

One of the final pieces of the former STX group is going up for sale in South Korea and in a surprise move, Korea Shipbuilding & Offshore Engineering (KSOE) announced that it is among the bidders for...

Converted OSV Placed into Service as Migrant Rescue Ship

Converted OSV Placed into Service as Migrant Rescue Ship

With NGOs and humanitarian groups repeatedly saying that the European community is not doing enough to address the migrant crisis coming from Africa, another NGO has decided to press a former supply s...

USCGA Partners With Harrison Fitch Fund to Right a Historic Wrong

USCGA Partners With Harrison Fitch Fund to Right a Historic Wrong

Nearly 90 years after a racist incident, the U.S. Coast Guard Academy and the keepers of the legacy of an African-American trailblazer are partnering together to learn from the past and uplift the lea...

New Zealand Explores Offshore Renewable Energy Development

New Zealand Explores Offshore Renewable Energy Development

The government of New Zealand is seeking public feedback on proposals for the development of offshore renewable energy capacity in the country. The proposals were developed by the Ministry of Business...

EU Funding for CO2 Export Hub and Liquefaction Plant at Antwerp

EU Funding for CO2 Export Hub and Liquefaction Plant at Antwerp

Efforts are continuing to build the infrastructure required for the transport and export of CO2 as part of the broader schemes for the capture, storage, or re-use of carbon emissions. The EU Commissio...

Sea-Intelligence Forecasts Atlantic Spot Rates Are About to Collapse

Sea-Intelligence Forecasts Atlantic Spot Rates Are About to Collapse

Sport freight rates have been on the decline for many of the world’s shipping routes through much of the second half of 2022. As volumes declined, especially on the trans-Pacific routes, carriers repo...

Shell and Mitsubishi to Build Dutch Wind Farm with Ecological Elements

Shell and Mitsubishi to Build Dutch Wind Farm with Ecological Elements

A consortium of Shell and Eneco, a division of Mitsubishi, won the tender to develop the Netherlands’ next offshore wind farm in an area known as Hollandse Kust (west) located more than 30 miles off t...