Search Results for "how to buy ships"

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Maritime Executive

Retail Imports Remain Strong After Latest Round of Tariffs

Imports at the major retail container ports in the U.S. are expected to remain at near-record levels in October despite the new round of tariffs that took effect in September, according to the monthly...

Maritime Executive

Asia Leads in Container Shipping Connectivity

China remained the trading nation best connected to others by sea in 2018, according to UNCTAD’s latest Liner Shipping Connectivity Index (LSCI), released alongside the Review of Maritime Transport 20...

Maritime Executive

Robert Allan Designs Four New Z-Tech 4500 Tugs for the U.S. Navy

Robert Allan Ltd. has been awarded a contract to design a new version of the successful Z-Tech® 4500 tugs for the United States Navy (USN). The USN already has six vessels of this design, known as the...

Maritime Executive

South Korea to Fund LNG-Fueled Ship Construction

South Korea's state-run Korea Ocean Business Corp. (KOBC) has announced $122 million in guarantees for local shipping companies to build LNG-fueled ships and to purchase other vessels. The companie...

Maritime Executive

USCG Conducts First Rescues of Hurricane Michael Response

On Wednesday, as Hurricane Michael neared shore in the Florida Panhandle, Coast Guard servicemembers near Fort Myers Beach, Florida rescued two sailors from a 50-foot sailing yacht after she ran into...

Maritime Executive

EJF Alleges Chinese Involvement in Illegal Fishing Practices in Ghana

Around 90 percent of Ghana’s industrial fishing fleet is linked to Chinese ownership, according to an investigation by the Environmental Justice Foundation (EJF). However, Ghana’s laws clearly forbid...

Maritime Executive

Chevron Becomes First Major to Exit Norway's Offshore Sector

American oil major Chevron has decided to leave the Norwegian continental shelf in favor of new prospects in other regions. The firm is transferring its last stake in a Norwegian offshore license - a...

Maritime Executive

Pemex Makes Shallow Water Discoveries in Gulf of Mexico

Pemex has confirmed the discovery of seven reservoirs in two new wells in Mexico’s Southeast Basin in the Gulf of Mexico. The discoveries boost the company's reserves by more than 180 million barre...

Maritime Executive

MEPC 73 Expected to Approve Air Emissions Action

The IMO's next Marine Environment Protection Committee meeting (MEPC 73) is expected to advance governance of efforts to reduce greenhouse gas and SOx emissions. Chaired by Hideaki Saito of Japan, key...

Maritime Executive

USCG Cutter Rescues 10 Crewmembers from Drifting Freighter

The Coast Guard cutter Confidence has rescued the 10 crewmembers of the cargo ship Alta, which has been disabled and adrift in the mid-Atlantic since September 19.  The USCG learned of the Alta's p...