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Search Results for "how to buy ships"

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Global Offshore Outlook: Shoring Up Safety in an Era of Renewal

Global Offshore Outlook: Shoring Up Safety in an Era of Renewal

  Offshore exploration and production is rebounding in 2025, driven by a dynamic mix of regulatory developments and technological advancements. With the world’s energy demand rising, the industry i...

After Two Weeks, Fire Continues Amidst Stability Concerns for Wan Hai 503

After Two Weeks, Fire Continues Amidst Stability Concerns for Wan Hai 503

The Indian Directorate General of Shipping reports that two weeks after the fire first began on the containership Wan Hai 503, pockets of fire remain, and there has been a reignition in one area. Th...

Investigators Set to Take Over as Bayesian Reaches Shore

Investigators Set to Take Over as Bayesian Reaches Shore

  The salvage of the wrecked superyacht Bayesian has been completed in two stages over the weekend after it was lifted from the sea floor. The yacht, which measures 184 feet (56 meters) in length,...

Japan's Ruling Party Has a $7B Restructuring Plan for Shipbuilding

Japan's Ruling Party Has a $7B Restructuring Plan for Shipbuilding

  As the U.S. considers policy proposals to revitalize a lagging shipbuilding industry, it is looking to Japan and South Korea for ideas on how to keep this labor-intensive sector competitive in a...

Suez Canal Responds as Chinese Heavy Lift Vessel Grounds

Suez Canal Responds as Chinese Heavy Lift Vessel Grounds

  The Suez Canal Authority is highlighting its quick response to a grounding incident on Friday, June 20, as a Chinese heavy lift vessel malfunctioned during the transit. The grounding came as the...

Boxship and LNG Carrier Kick-Off 2025 on Northern Sea Route

Boxship and LNG Carrier Kick-Off 2025 on Northern Sea Route

  Transits of Russia’s Northern Sea Route through the Arctic are resuming with the first container and cargo shipment, followed by the loading of the first LNG gas carrier of the season. It comes a...

Oil Prices Plummet After Limited Iranian Attack on U.S. Airbase

Oil Prices Plummet After Limited Iranian Attack on U.S. Airbase

Within minutes of a small Iranian missile strike on U.S. airbases in Iraq and Qatar, WTI oil prices dove by more than seven percent as traders priced in an apparent "off-ramp" from confrontation with...

Russian Warship Spotted Escorting Two Inbound Stateless Tankers

Russian Warship Spotted Escorting Two Inbound Stateless Tankers

Two stateless tankers inbound to the Russian oil operations in the Baltic were spotted traveling with a Russian warship. Russia in the past has been seen escorting some of its military cargo ships,...

Study: Life At Sea is the Most Dangerous Way to Earn a Living

Study: Life At Sea is the Most Dangerous Way to Earn a Living

  Working on or near the sea is the most dangerous way to make a living, according to new survey results from the Lloyd's Register Foundation and Gallup. People that the survey categorized as "ocea...

Chouest and HD Hyundai Partner Up to Build Boxships in the United States

Chouest and HD Hyundai Partner Up to Build Boxships in the United States

  Edison Chouest Offshore, a builder and operator of OSVs and other workboats, has reached an agreement with HD Hyundai to begin building container ships in the U.S. before the end of the decade. I...