Australia Declares Fourth Offshore Wind Zone as It Pushes Renewable Energy
The Australian government continues to push forward with its efforts to jumpstart the offshore wind energy sector. They declared the…
U.S. Sanctions Third Master Mariner for Shipping Iranian Oil
The U.S. government has sanctioned a third master mariner in connection with tankers linked to Yemen’s Houthi rebel movement, which…
Korea to Resume Financial Guarantees to Shipbuilders to Support Order Flow
The Korean government working through its state-run financial institutions along with the private banking sector is partnering to increase liquidity…
Russia resumes search for submarine lost in World War II
The Russian Ministry of Defence has confirmed that an expedition has been launched to attempt to locate a Soviet Navy…
Equinor breaks ground on offshore wind hub at South Brooklyn Marine Terminal
Equinor has begun construction works at the South Brooklyn Marine Terminal (SBMT) in New York, facilitating the rebuilding of the…
Hamburg port services firm orders electric workboat pair
Flotte Hamburg, the marine services provider that serves clients in the Port of Hamburg in Germany, has placed an order…
Singapore authorities respond to oil spill following vessel strike
The Maritime and Port Authority of Singapore (MPA) and other local partners have deployed assets in response to an oil…
Fiji authorities launch probe into patrol boat grounding
The government of Fiji and the Republic of Fiji Navy have begun an investigation into a recent grounding incident involving…
Baltic Index Flat As Gains In Smaller Vessels Offset Weaker Capesize
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, was steady on Monday…