The Korea Atomic Energy Research Institute (KAERI) and Samsung Heavy Industries have achieved a significant milestone in maritime propulsion technology, securing the world’s first Approval… Weiterlesen »Nuclear-Powered LNG Carrier Design Receives Landmark Certification

The Dutch-flagged 21,359-dwt general cargo vessel Thamesborg remains aground along the Northwest Passage in the Canadian Arctic four days after hitting a shoal. 

U.S. Coast Guard units and local emergency responders have established a safety zone at Pier G in the Port of Long Beach following a significant… Weiterlesen »Over 50 Boxes Topple From Containership at Port of Long Beach

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) have received approval in principle (AIP) from ABS for their… Weiterlesen »HD KSOE and HD Hyundai Secure ABS AiP for Electric-Powered 16,000 TEU Containership

ABS issued approval in principle to HD Hyundai Mipo for its design development of a 30,000 CBM liquefied natural gas (LNG) carrying and bunkering vessel.… Weiterlesen »ABS Verifies Multi-Purpose 30,000 CBM LNG Carrier and Bunker Vessel Design from HD Hyundai Mipo

Korean Register (KR) has awarded an Approval in Principle (AIP) for Samsung Heavy Industries’ (SHI) newly developed “SnapWind Float,” a next-generation floating offshore wind substructure… Weiterlesen »SHI’s Next-Gen Floating Offshore Wind Substructure Earns AiP from Korean Register

A third tanker carrying liquefied natural gas from Russia’s sanctioned Arctic LNG 2 project arrived at a Chinese port on Tuesday, ship-tracking data showed.

Following a near-record peak this summer, import cargo volume at the nation’s major container ports is expected to steadily decline for the remainder of the… Weiterlesen »U.S. Container Imports Set to Decline Through 2025 as Tariff Uncertainty Weighs on Trade

U.S. container import volumes maintained strong momentum in August despite ongoing trade policy turmoil, according to Descartes Systems Group’s latest Global Shipping Report released today.… Weiterlesen »Descartes: U.S. Container Imports Remain Resilient Despite China Pullback and Trade Policy Uncertainty

The ocean hull insurance market is returning to a “soft environment” despite increasing premiums, according to Ilias P. Tsakiris, Chair of the International Union of… Weiterlesen »Aging Fleet and Geopolitical Tensions Drive ‘Soft’ Marine Insurance Market Despite Rising Premiums