Search Results for "how to buy ships"

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Korea Looks at Options to Speed KSOE-DSME Merger

Korea Looks at Options to Speed KSOE-DSME Merger

For the fifth time since announcing the plans to merge two of South Korea’s leading shipbuilders, Korean officials confirmed today that they have yet again agreed to delay the scheduled closing of the...

Singapore Jails Nine for Bunker Fraud Costing Over S$300K 

Singapore Jails Nine for Bunker Fraud Costing Over S$300K 

A court in Singapore has convicted and sentenced to jail nine individuals involved in a bunker fraud scheme. According to the authorities, the charges stemmed from a scheme discovered in 2019 that che...

Crowley Maritime is Set to Build and Operate an Offshore Wind Port

Crowley Maritime is Set to Build and Operate an Offshore Wind Port

The offshore wind farm developer Vineyard Wind has announced an agreement with Crowley Maritime to build and operate a major offshore wind terminal in Salem, Massachusetts. The port would serve Vineya...

Ro-Ro Takes on Water and Partially Sinks, Killing One and Injuring Six

Ro-Ro Takes on Water and Partially Sinks, Killing One and Injuring Six

Algerian civil authorities came to the aid of the crew aboard a Mediterranean ro-ro after the vessel took on water, causing it to partially sink in the port of Algiers. One person was reported dead, w...

SPS Technology Overhauls Repair Techniques to Combat Steel Price Hikes

SPS Technology Overhauls Repair Techniques to Combat Steel Price Hikes

[By: Jonny Lim, Director SPS Technology] As steel prices remain elevated and supply chain disruptions delay price declines, a new proven structural ship repair technique could help owners keep cost...

Wallem Group Thanks Seafarers for Service to Shipping

Wallem Group Thanks Seafarers for Service to Shipping

[By: John-Kaare Aune, Interim CEO, Wallem Group] With this year’s World Maritime Day addressing the integral role of seafarers in shaping the future of shipping, I, and everyone at Wallem, would fi...

Avemar Dos Ferry gets Rolls-Royce mtu Propulsion & Digital Solutions

Avemar Dos Ferry gets Rolls-Royce mtu Propulsion & Digital Solutions

[By: Rolls-Royce] Rolls-Royce's new mtu engines, new mtu ship automation system, and new mtu Go! tool for remote service have well and truly future-proofed the high-speed catamaran Avemar Dos run b...

Top Dredging Firm Joins Project to Fight CO2 - With Green Sand

Top Dredging Firm Joins Project to Fight CO2 - With Green Sand

The largest dredging company in America is joining forces with a research-driven initiative that wants to pull carbon out of the atmosphere using saltwater, wave action and sand - three ingredients th...

The Push for ESG Data is Coming to the Maritime Industry

The Push for ESG Data is Coming to the Maritime Industry

The corporate world is increasingly linking profitability and sustainability to environmental, social and corporate governance (ESG) criteria, and the shipping industry can expect both challenges and...

Kenya Sets up Navy Base Near Disputed Indian Ocean Waters

Kenya Sets up Navy Base Near Disputed Indian Ocean Waters

President Uhuru Kenyatta has commissioned a new Navy Manda Bay Base in the coastal region of Lamu, where Kenya recently opened a new port. The area is prone to terrorist attacks instigated by the Soma...