Search Results for "how to buy ships"

Singapore Manages Response to Two Sinkings in One Weekend

By The Maritime Executive

January 12, 2025

On Sunday, Singapore's Maritime and Port Authority rescued eight crewmembers from a sinking tanker just off Pedra Branca, a lighthouse installation at the eastern entrance to the Singapore Strait - th...

ST Engineering Expands Into Walk-to-Work Vessels

By The Maritime Executive

January 12, 2025

Singapore conglomerate ST Engineering is making forays into the market for specialized vessels supporting offshore operations after winning a contract for the construction of a walk-to-work (W2W)...

Iran's Spy Ship Activity Extends Beyond the Red Sea

By The Maritime Executive

January 12, 2025

Two U.S. Treasury-sanctioned ships have been the focus of attention for the maritime community interested in Iranian spy ship activity. But these are not the only Iranian ships involved in intel...

Chile Boosts Domestic Shipbuilding with New Procurement Policy

By The Maritime Executive

January 12, 2025

Chile has launched a national naval shipbuilding policy, which will see the navy utilize domestic shipyards during the ongoing fleet renewal program. President Gabriel Boric signed the policy las...

Baltic Exchange Launches FuelEU Calculator to Help Shipowners Understand

By The Maritime Executive

January 12, 2025

[By: Baltic Exchange] From 1 January 2025, voyages that include port calls in the European Union will have to account for the new FuelEU Maritime regulation. This new regulation is designed to acce...

Navig8 Announces Completion of 80% Acquisition by ADNOC L&S for $1.04B

By The Maritime Executive

January 12, 2025

[By: Navig8] Navig8 TopCo Holdings Inc. (Navig8 / the Company) today announced that it has been acquired by ADNOC Logistics and Services plc (ADNOC L&S) (ADX symbol: ADNOCLS / ISIN: AEE01268A239),...

Kongsberg Discovery Acquires Naxys Technologies

By The Maritime Executive

January 11, 2025

[By: Kongsberg Discovery] Kongsberg Discovery has reached agreement to acquire Naxys Technologies AS. The Bergen-based company is a world leader in technology for underwater environmental monitorin...

Bangladesh Could Lose Top Position in the Global Shipbreaking Market

By The Maritime Executive

January 10, 2025

With global ship demolition at record low levels, Bangladesh’s shipbreaking industry has reported that 2024 saw a massive drop in scrap ship imports. Only 144 ships were sent to Bangladesh last y...

Future Development of Flettner Rotor Propulsion

By Harry Valentine

January 10, 2025

Wind energy historically provided the basis for vessel propulsion, using sails and sometimes kites. During the 1920s, engineer Anton Flettner developed large cylinders spinning on a vertical axis...

Affordable and Available LNG Dominated Dual-Fuel Vessel Orders in 2024

By The Maritime Executive

January 10, 2025

The shipping industry is looking for CO2-reducing alternatives to bunker fuel, and LNG has become the preferred alternative fuel of choice, according to data collected by DNV. DNV’s annual re...

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