South Korean Giants Begin Wing Sail Trials
South Korean shipping company HMM and shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) have initiated a significant demonstration and testing phase. This project focuses on a new…
Update: Russian Drones Hit Two Foreign Vessels Near Chornomorsk Port
Russian drones struck two foreign-flagged vessels on Monday near Chornomorsk Port. Ukraine’s Deputy Prime Minister Oleksiy Kuleba confirmed the incident. The targeted ships reportedly sailed under the flags of Panama…
Update: US Judge Rules Orsted Can Resume Work on Offshore Project
A federal judge has granted Danish offshore wind developer Orsted permission to resume work on its Revolution Wind project. This ruling, issued on Monday, allows the company to proceed with…
Somalia Terminates Key Agreements with United Arab Emirates
Somalia‘s government announced on Monday the annulment of all agreements with the United Arab Emirates (UAE). This sweeping decision targets existing port deals and all defence and security cooperation between…
China’s Shipping Sector Anticipates Benefits from IMO Carbon Rules
An opinion piece by Mao Xiaoli suggests China’s maritime industry could benefit significantly from new carbon regulations. These rules are proposed by the International Maritime Organization (IMO). Member states will…
Update: Hapag’s Terminal Operator Takes Full Ownership of Port Everglades Facility
Title: Hapag-Lloyd Subsidiary Secures Full Port Everglades Terminal Ownership Update: Hapag’s Terminal Operator Takes Full Ownership of Port Everglades Facility Hanseatic Global Terminals (HGT), the dedicated terminal operating arm of…
ABS and Siemens Energy Partner for Safer Marine Batteries
Leading classification society ABS and industrial technology giant Siemens Energy have launched a Joint Development Project (JDP). This collaborative effort aims to significantly enhance the understanding of thermal runaway in…
Orsted Challenges Trump Administration’s Offshore Wind Pause
A U.S. federal judge is scheduled to consider a critical request from Danish energy company Orsted on Monday. Orsted is seeking an injunction to block the Trump administration‘s decision to…
Sweden Urges EU to Broaden Sanctions Against Russia
Sweden‘s foreign minister has called upon the European Union to implement a new series of measures targeting Russia. These proposals, presented on Monday, aim to further restrict Moscow’s economic activities…
U.S. Firms Mobilize for Resumption of Venezuelan Crude Exports
International oil companies are rapidly mobilizing to participate in the re-establishment of Venezuelan crude oil exports to the United States. This significant development comes in the wake of President Nicolas…