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U.S. Navy Finds Evidence of Iranian Involvement in Tanker Attack

U.S. Navy Finds Evidence of Iranian Involvement in Tanker Attack

The U.S. Navy says that its technicians have confirmed that the drone that struck the tanker Pacific Zircon last week was Iranian-made. The evidence appears to confirm the suspected involvement of Ira...

Nine Rescued, Six Dead in Capsizing Off Florida Keys

Nine Rescued, Six Dead in Capsizing Off Florida Keys

Over the weekend, Coast Guard crews responded to a migrant vessel capsizing off the coast of Little Torch Key. Nine passengers were rescued and six bodies were recovered from the water. The cruise...

Report: U.S. and EU Are Close to a Deal on Russian Oil Price Cap

Report: U.S. and EU Are Close to a Deal on Russian Oil Price Cap

The U.S., EU, UK, Canada and Japan are closing in on a deal to put a price cap on seaborne shipments of Russian crude oil, and an announcement is expected as early as Wednesday. The U.S. Treasury has...

Cadeler Orders Another WTIV to Meet Demand for Wind Farm Installations

Cadeler Orders Another WTIV to Meet Demand for Wind Farm Installations

With global demand for offshore wind capacity projected to continue to rise in the coming years and technological developments resulting in increasingly larger wind turbines, Denmark-headquartered Cad...

Allianz: Fires, Cargo/Vessel Losses, Theft, Drive Up Insurance Claims

Allianz: Fires, Cargo/Vessel Losses, Theft, Drive Up Insurance Claims

Global insurance giant Allianz Global Corporate & Specialty released a new report analyzing the key trends driving marine insurance claims and it comes as no surprise that over the past five years fir...

UK Developer Proposes Container Port and Tidal Power Megaproject

UK Developer Proposes Container Port and Tidal Power Megaproject

A UK-based developer is planning to build a container terminal powered by tidal energy, a world first. The 1.5-4 million TEU terminal would be located at the entrance to The Wash, a large bay on Engla...

DSME Completes Autonomous Navigation Test Using Remote Controls

DSME Completes Autonomous Navigation Test Using Remote Controls

South Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering (DSME) has become the latest to successfully test autonomous ship navigation capabilities. The effort to develop the new tech...

Indonesian State Shipping Company Plans $3B Fleet Modernization

Indonesian State Shipping Company Plans $3B Fleet Modernization

The shipping division of Indonesia’s state-owned energy company Pertamina is planning an accelerated investment program designed to modernize its fleet and expand its capabilities. Detailing its futur...

Bureau Veritas to Certify Commercial Floating Wind Project in Korea

Bureau Veritas to Certify Commercial Floating Wind Project in Korea

[By: Bureau Veritas] Paris La Défense, 22nd November 2022 – Bureau Veritas a world leader in testing, inspection and certification, in partnership with the Korean Register (KR), has been appointed...

Korean Register to support development of methanol bunkering in Ulsan

Korean Register to support development of methanol bunkering in Ulsan

[By: Korean Register] International classification society Korean Register (KR) and Ulsan Port Authority (UPA) have signed an MOU to support methanol-fueled ships and establish the South Korean por...