Maritime News
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Shipbuilding
Austal Secures $100 Million Loan for U.S. Expansion
Austal Limited has finalized a significant loan agreement worth USD 100 million with Export Finance Australia (EFA), aimed at bolstering…
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Shipbuilding
Shipping Industry Embraces Decarbonization Through Innovation
The shipping sector is undergoing a significant transformation as it seeks to reduce carbon emissions, according to Mikko Kuosa, CEO…
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Bulk Carrier
BIMCO Calculates a Third of Ships Could Have to Pay Fees Under USTR Program
The U.S. Trade Representative’s new port fee program is set to launch on October 14, raising questions about its potential…
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Shipbuilding
The Ford-Class & New Ship Programs Bring Next-Gen to the Navy
The U.S. Navy continues to solidify its status as the world’s most formidable naval force, driven by cutting-edge technology and…
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Shipbuilding
Hafnia Launches Groundbreaking Underwater Noise Monitoring
Hafnia has partnered with DNV to introduce a pioneering pilot project aimed at measuring and managing underwater radiated noise (URN)…
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News
Shipping Industry Faces Dilemma Over Vessel Recycling
The shipping industry is grappling with a critical challenge: how to dismantle end-of-life vessels safely while protecting workers and the…
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Bulk Carrier
US Port Fees: No Freight Rate Hikes Expected
Shippers are unlikely to face increased freight rates despite the upcoming US port fees targeting Chinese-related vessels, according to the…
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Shipbuilding
Lithuania’s Ignitis Group Targets 700MW Offshore Wind Capacity
Lithuania’s state-owned Ignitis Group is set to compete in a significant tender for developing at least 700 megawatts (MW) of…
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Bulk Carrier
Halifax Ports Face Pollution Crisis Amid Cruise Boom
Halifax is grappling with significant pollution challenges as cruise ships flood the port, bringing thousands of visitors daily. Local residents…
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Shipbuilding
Mitsui OSK Lines Cuts Methane Emissions by 98%
Japan’s Mitsui OSK Lines (MOL) has made a groundbreaking advancement in reducing methane emissions, achieving a remarkable 98% reduction during…
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