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Search Results for "how to buy ships"

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Enablers for Decarbonizing the Maritime Industry: Playbook Part 3

Enablers for Decarbonizing the Maritime Industry: Playbook Part 3

[By Mikael Lind, Wolfgang Lehmacher, Louise De Tremerie, Frank Dubielzig, Ellinor Forsström, Paul Holthus, Andrea Morgante, Sukhjit Singh, and Lina Tenenbaum] The journey towards a sustainable mari...

Eight Members of Congress Call for Jones Act Waiver for Puerto Rico

Eight Members of Congress Call for Jones Act Waiver for Puerto Rico

Eight Democratic members of Congress have called for a "one-year comprehensive waiver" of the Jones Act for Puerto Rico in the wake of Hurricane Fiona.  In an open letter to Secretary of Homeland S...

Long-Idled Philippine Navy Frigate Returns to Service

Long-Idled Philippine Navy Frigate Returns to Service

A Philippine Navy (PN) frigate that grounded four years ago on a disputed shoal in the South China Sea is back in service after extensive repair works. The PN announced that its offshore patrol ves...

Review Finds Missteps in Failed Auckland Terminal Automation Project

Review Finds Missteps in Failed Auckland Terminal Automation Project

The port of Auckland has come under criticism for multiple failures that resulted in the termination of an automation project for the Fergusson container terminal, costing the port approximately $36 m...

Marco Polo Targets Offshore Wind Market with Newbuild CSOV

Marco Polo Targets Offshore Wind Market with Newbuild CSOV

Singapore’s Marco Polo Marine wants to capitalize on the fast expanding Asia-Pacific offshore wind energy market after unveiling plans to build, own and operate a new commissioning service operation v...

UMAS: Cost of IMO 2050 Target Could Reach $1.4 Trillion

UMAS: Cost of IMO 2050 Target Could Reach $1.4 Trillion

The international shipping industry requires a staggering $1.4 trillion in capital expenditure to achieve a 50 percent cut in emissions by 2050, according to a new report by the UK maritime consultanc...

U.S. Carrier Calls in Busan Amidst Heightened Tensions With N. Korea

U.S. Carrier Calls in Busan Amidst Heightened Tensions With N. Korea

The nuclear-powered carrier USS Ronald Reagan is in South Korea for joint military drills amidst rising tensions in the Korean peninsula due to threats from North Korea. The U.S Navy announced that...

First Offshore Floating Hydrogen Production Pilot Begins Tests

First Offshore Floating Hydrogen Production Pilot Begins Tests

The concept of developing hydrogen offshore linked to wind farms is taking a step forward with the first test unit having been dedicated in France. The Sealhyfe platform was installed on a Wavegem wav...

Maritime Executive

Why Shippers Can Renegotiate Some Long-Term Contracts But Not Others

After a year of highly profitable freight rates, the container shipping business appears to be normalizing. In the past week, the overall SCFI (Shanghai Containerized Freight Index) spot rate index fo...

Rice Cargoes Stranded at Major Indian Ports Due to Export Ban

Rice Cargoes Stranded at Major Indian Ports Due to Export Ban

Following India’s ban on export of various varieties of rice earlier this month, close to 20 ships are stuck at major Indian ports awaiting to load over 600,000 tons of rice, forcing sellers to pay de...