Search Results for "how to buy ships"

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Opening Hormuz to Be Key Issue of Negotiations as Transits Remain Low

Opening Hormuz to Be Key Issue of Negotiations as Transits Remain Low

Three days into the announced ceasefire, the military portion appears to largely be holding, but Donald Trump’s demand that the Strait of Hormuz be open for “complete, immediate, and safe” operation...

Global Cruise Outlook: New Challenges

Global Cruise Outlook: New Challenges

  After rebounding from the COVID-19 pandemic with "revenge travel" driving strong growth, the cruise industry is facing new headwinds from the broader macro-environment and geopolitical pressures....

HII Brings In Robotics for Shipyard Grinding, Blasting and Painting

HII Brings In Robotics for Shipyard Grinding, Blasting and Painting

Most of the high-profile robotics initiatives in shipbuilding focus on welding or cutting, but there's much more that has to happen to get a ship into the water. Huntington Ingalls Industries (HII)...

Royal Navy Tracks Russian Warships for Ten Days in UK Waters

Royal Navy Tracks Russian Warships for Ten Days in UK Waters

  Four Royal Navy ships recently got under way to track the movements of Russian convoys through the English Channel and the North Sea, a higher-than-usual operational tempo for Russian activity in...

After Ceasefire, Iranian Attacks Cut Saudi Oil Production

After Ceasefire, Iranian Attacks Cut Saudi Oil Production

  Official Saudi sources have confirmed that recent Iranian attacks caused extensive damage to oil and gas facilities, killing at least one person and leading to a substantial cut in production cap...

Shipbuilding Orderbook Hits 17-Year High Driven by Tankers Reports BIMCO

Shipbuilding Orderbook Hits 17-Year High Driven by Tankers Reports BIMCO

The boom in shipbuilding orders is continuing, reaching a 17-year high, reports industry group BIMCO. While it sees a slowing in some sectors, it points to a recent surge in crude oil tanker orders...

Mining Giant Vale Orders World's First Ethanol-Powered Giant Bulkers

Mining Giant Vale Orders World's First Ethanol-Powered Giant Bulkers

  Vale reports it has entered into an agreement with China’s Shandong Shipping Corporation to build the first large ocean-going vessels that will use ethanol as their primary fuel. It is an adaptat...

Exmar’s Pioneering Ammonia Dual-Fuel Gas Carriers Named at Hyundai Shipyard

Exmar’s Pioneering Ammonia Dual-Fuel Gas Carriers Named at Hyundai Shipyard

  Two innovative vessels, which are being billed as the world’s first mid-size gas carriers with ammonia dual-fuel engines, were named as they are nearing completion. The vessels, which were ordere...

Australia Bans Chinese-Owned Bulker for Unpaid Crew Wages

Australia Bans Chinese-Owned Bulker for Unpaid Crew Wages

  The Australian Maritime Safety Authority, well-known for its strict enforcement actions, announced it has issued a six-month ban against a Chinese-owned bulker for unpaid crew wages and other vio...

UK Foils "Nefarious" Russian Activity Near Subsea Cables

UK Foils "Nefarious" Russian Activity Near Subsea Cables

  The UK government claims that it has discovered and disrupted Russian plans to conduct "nefarious" activity over critical subsea fiber optic cables. The plot involved the assets of the secretive...