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Search Results for "how to buy ships"

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Tanker Hit By "Unknown Projectile" in Strait of Hormuz

Tanker Hit By "Unknown Projectile" in Strait of Hormuz

A tanker was struck in the Strait of Hormuz on Tuesday night, according to the Royal Navy's UK Maritime Trade Operations (UKMTO). It is the latest in a long string of attacks on neutral shipping in th...

U.S. Southern Command Completes 68th Lethal Drug Boat Strike

U.S. Southern Command Completes 68th Lethal Drug Boat Strike

U.S. Southern Command has carried out its 68th airstrike on a suspected drug-smuggling vessel, bringing the total toll of its campaign to an estimated 227 deceased suspects.  The lethal strike occu...

Trillion-Dollar Port: Houston's Petroleum Trade Supports Millions of Jobs

Trillion-Dollar Port: Houston's Petroleum Trade Supports Millions of Jobs

Plenty of ports contribute billions of dollars in economic value to their respective regions, but only a few reach above that mark. Port Houston's latest economic impact assessment suggests that it su...

Trump Administration Moves to Revive Prize Courts for Vessel Seizures

Trump Administration Moves to Revive Prize Courts for Vessel Seizures

The Trump administration is moving to reestablish a 19th-century maritime institution that has fallen into disuse: the prize court, a special-purpose tribunal for speedily determining the legality of...

Canada’s West Coast Ports Drive Trade Growth Beyond the U.S.

Canada’s West Coast Ports Drive Trade Growth Beyond the U.S.

As it finds itself locked in a deepening trade war with the United States, Canada is successfully building its international trade. A newly released study sponsored by Canada’s West Coast ports shows...

Ningbo-Zhoushan Tops Singapore as World’s Second Busiest Container Port

Ningbo-Zhoushan Tops Singapore as World’s Second Busiest Container Port

China’s ports are continuing to support the expansion of the country’s exports despite the Trump administration’s efforts at tariffs. China now has six of the top 10 ports by volume, according to Alph...

ABS Joins Hanwha Shipping for Naming Ceremony of First VLCC in New Fleet

ABS Joins Hanwha Shipping for Naming Ceremony of First VLCC in New Fleet

[By: ABS] ABS joined Hanwha Shipping for the naming ceremony of the ELANDRA K2, a 320,000-dwt very large crude carrier (VLCC) built to ABS Class at Hanwha Ocean’s Okpo Shipyard. The vessel is the f...

Kongsberg Maritime Expands Rim-Drive Tunnel Thruster Portfolio

Kongsberg Maritime Expands Rim-Drive Tunnel Thruster Portfolio

[By Kongsberg Maritime] Kongsberg Maritime is expanding its proven Rim-Drive Tunnel Thruster (RD-TT) range with the introduction of two new larger models, featuring propeller diameters of 2300 mm a...

Iran's Floating Oil Storage Shrinks to Five-Month Supply

Iran's Floating Oil Storage Shrinks to Five-Month Supply

Analyst and media commentary on Operation Economic Outcast, US Treasury Secretary Bessent’s plan to squeeze Iran financially, has focused on how long it will take for the effects of his squeeze to hav...

India Maps 5-Year Plan to Build Shipping Independence with 100 New Ships

India Maps 5-Year Plan to Build Shipping Independence with 100 New Ships

The Indian government continues to pursue its vision of expanding its national shipping capabilities as part of a plan to achieve greater independence and lower the amount of money spent on foreign sh...