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Search Results for "how to buy ships"

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Three Unusual Bidders Line Up to Buy Bankrupt Pipavav Shipyard

Three Unusual Bidders Line Up to Buy Bankrupt Pipavav Shipyard

The final bids in a bankruptcy auction for India's largest private shipyard have been submitted, and the list of potential buyers has narrowed to three unconventional owners - a global container termi...

BHP Exits Offshore Oil and Gas to Focus on "Future Facing Commodities"

BHP Exits Offshore Oil and Gas to Focus on "Future Facing Commodities"

Australian oil and gas company Woodside Energy is planning to buy mining giant BHP's petroleum business in an all-stock deal, creating a new top-10 independent energy firm. BHP will effectively exit o...

China’s First Fully Electric Tugboat Enters Service

China’s First Fully Electric Tugboat Enters Service

China reported that it has put into service its first fully electric tugboat, one of a small number of electric tugs in the world. The first electric tug was launched a year ago by a Turkish shipyard...

Danish Offshore Carbon Storage Project Moves Towards Trial Phase

Danish Offshore Carbon Storage Project Moves Towards Trial Phase

Offshore carbon storage took a leap ahead Tuesday with an announcement by Denmark's Greensand consortium that it is moving ahead towards a pilot phase offshore injection test.  INEOS Energy, Winter...

Maritime Executive

Drop in Indian Ocean Piracy Prompts Reduction in High Risk Area Map

Once considered the most dangerous area on the globe for mariners, the High Risk Area (HRA) for piracy in the Indian Ocean is being reduced under an agreement with the global shipping industry. The ch...

Vessel Congestion Sets Two New Records in Southern California

Vessel Congestion Sets Two New Records in Southern California

After months of reported progress on reducing the backlog at the two largest ports in Southern California, the congestion has again spiked to record levels. The Marine Exchange of Southern California,...

Norwegian Gem Departs on Florida's First All-Vaccinated Cruise

Norwegian Gem Departs on Florida's First All-Vaccinated Cruise

After winning an injunction against Florida's government last week, Norwegian Cruise Line Holdings successfully launched the state's first ever all-vaccinated cruise with a sailing of the Norwegian Ge...

Indonesia Turns Passenger Ferries into COVID-19 Isolation Centers

Indonesia Turns Passenger Ferries into COVID-19 Isolation Centers

Indonesia is converting its inter-island passenger-cargo ships into COVID-19 isolation centers as part of an ongoing attempt to contain the Delta variant of COVID-19, which has been spreading rapidly...

COVID Relief Fund for Seafarers Raises $1M in Three Months

COVID Relief Fund for Seafarers Raises $1M in Three Months

An emergency relief fund set up by five charities has raised more than $1 million to provide support to seafarers impacted by the COVID-19 crisis.  The Seafarers International Relief Fund (SIRF), a...

Taiwan Plans to Invest $1.37 Billion to Upgrade its Ports 

Taiwan Plans to Invest $1.37 Billion to Upgrade its Ports 

Taiwan plans to invest US$1.37 billion over the next five years to upgrade the country’s seven commercial ports to support future industrial growth. The plan, which was proposed by the Ministry of Tra...