Iran has admitted that U.S.-imposed sanctions have effectively blocked its effort to upgrade its maritime fleet, forcing the country to depend on overstretched local capacity for newbuilds and maintenance. In 2018, citing security risks from Iranian covert operations and nuclear-missile R&D, the Trump administration imposed stiff sanctions penalties on most business...
South Korean shipbuilder Samsung Heavy Industries has been in talks with Russian contractors to build icebreaking LNG carriers for $2.6 billion. The post Samsung Heavy eyes Russian icebreaking LNG...
The Port of Calais has inaugurated a new extension that has been under construction since 2015. The revamped port includes a two-mile dike, 220 acres of additional docking area, three new ferry berths and new buildings for operations and reception of port customers. The new extension of the...
Norwegian energy company Gen2 Energy and Vefsn municipality have teamed up on the purchase and sale of two plots in Mosjøen for large scale production and shipping of green hydrogen. The post Gen2...
20 years ago this Saturday, hijacked planes struck the World Trade Center in Manhattan and the Pentagon in Washington, D.C. killing nearly 3,000 people. A fourth plane would have hit yet another target if the brave passengers on board had not forced it down on...
Oil and gas companies and associated supply chain have started responding to the global energy transition push by announcing strategic business reviews and expansion of focus to cleaner and...
With the increasing din of complaints from both import and export shippers, the U.S. Federal Maritime Commission announced a who’s who of American retailers, food companies, and manufacturers among the members of its newly formed National Shipper Advisory Committee. The goal of the committee is...
Taiwanese container shipping company Evergreen Marine Corporation has decided to order 24 containerships in China. The post Evergreen orders 24 containerships appeared first on Offshore Energy. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews...
A bulker traveling south in the Suez Canal on September 9 experienced a brief problem causing a worldwide flurry of media attention. Reports began circulating of a new grounding, “wreck in the canal,” and blockages, while the Suez Canal Authority took to Twitter to allay...
Lookout Maritime, a new company formed to drive decarbonisation and wider sustainability within the shipping industry, has formed a strategic partnership with Hong Kong-based ship management company...
