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MOL to Consolidate Dry Bulk Position by Taking Control of Gearbulk

MOL to Consolidate Dry Bulk Position by Taking Control of Gearbulk

Mitsui O.S.K. Lines will increase its ownership position in Norway’s Gearbulk Holdings as part of the Japanese company’s strategy to consolidate and expand its position in dry bulk shipping. MOL, wh...

DP World Launches Cochin Economic Zone, Propelling Global Trade Growth

DP World Launches Cochin Economic Zone, Propelling Global Trade Growth

[By: DP World] DP World, a leading global provider of smart end-to-end supply chain solutions commenced operations of its Cochin Economic Zone. Strategically located within cochin port premise of V...

Greensea IQ Signs Nippon Kaiyo Co., Ltd as New International Representative

Greensea IQ Signs Nippon Kaiyo Co., Ltd as New International Representative

[By: Greensea IQ] Greensea IQ, a leading innovator in marine robotics and automation, is pleased to announce the signing of Nippon Kaiyo Co., Ltd as its new international representative for Japan....

Ships Should be Built to a Seawater-Lubricated Sterntubeless Ship Design

Ships Should be Built to a Seawater-Lubricated Sterntubeless Ship Design

[By: ABS] Future newbuild ships of all types should be built without a sterntube and with a seawater-lubricated propeller shaft bearing arrangement, according to Blue Ocean Alliance’s Chris Leontop...

Two Lockheed Subsidiaries Settle Charges of Overbilling U.S. Navy

Two Lockheed Subsidiaries Settle Charges of Overbilling U.S. Navy

  Two subsidiaries of aerospace giant Lockheed Martin have agreed to pay $70 million to settle allegations that they overcharged the U.S. Navy for aircraft parts, according to the U.S. Department o...

U.S. Navy Loosens Physical Fitness Rules, Giving Flexibility to COs

U.S. Navy Loosens Physical Fitness Rules, Giving Flexibility to COs

The U.S. Navy has minimum physical fitness standards for its recruits, and active-duty servicemembers and reservists also have to pass regular physical fitness assessments if they want to get promoted...

On Day of the Seafarer, IMO Emphasizes Safety and Security

On Day of the Seafarer, IMO Emphasizes Safety and Security

  Each year on June 25, the global maritime community pauses to celebrate seafarers, who deliver 90 percent of all international trade. Seafarers work around the clock in a challenging industrial e...

Buildout of Offshore Wind Fleet Continues with St. Johns Third CTV Delivery

Buildout of Offshore Wind Fleet Continues with St. Johns Third CTV Delivery

  The buildout of the Jones Act-compliant fleet to service the U.S. offshore wind sector continues with St. Johns Ship Building reporting it delivered the second crew transfer vessel for Windea CTV...

China Conducts Landing Ship Drills as Tensions Rise in S. China Sea

China Conducts Landing Ship Drills as Tensions Rise in S. China Sea

  China's navy is conducting amphibious drills in the South China Sea as tensions rise over control of the Philippine exclusive economic zone,  over five hundred nautical miles away from the Chines...

X-Press Feeders Converts Methanol-Ready Ships on Delivery

X-Press Feeders Converts Methanol-Ready Ships on Delivery

  The pace of uptake for methanol-fueled operations is even surpassing the expectations of the industry from just a few years ago. X-Press Feeders which is preparing for the launch of a methanol-fu...