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News
U.S. Gulf-to-China VLCC shipping rate reportedly hits record high (USO:NYSEARCA)
20+ hour, 8+ min ago (113+ words) Very Large Crude Carrier shipping rates from the US Gulf Coast to China hit a record high, Argus reported, on strong Asian demand driven by rising US-Iran hostilities in the Persian Gulf. SlavkoSereda/iStock via Getty Images The rate for…...
California's Port of Oakland to Expand Turning Basin to Handle Larger Ships
22+ hour, 18+ min ago (381+ words) California’s Port of Oakland in the San Francisco Bay Area has completed an agreement with the U.S. Army Corps of Engineers to increase the port’s ability to handle larger vessels. After years of planning, an agreement was signed on August…...
Port of Oakland Advances $642 Million Harbor Widening Project for Larger Ships
8+ hour, 2+ min ago (594+ words) The Port of Oakland and U.S. Army Corps of Engineers have signed a design agreement for a $642 million project aimed at making it easier for larger containerships to maneuver at one of the busiest ports on the U.S. West Coast. The agreement,…...
Shippers Cool on Green Fuels as Costs Stay Too High
1+ mon, 3+ week ago (407+ words) The shipping industry is being blamed by climate activists for emitting a solid portion of the world's atmospheric carbon dioxide. Under pressure, the industry has been trying to find an alternative to the traditional fuels it uses, all petroleum derivatives....
Gulf carriers bulk up their fleets
7+ hour, 36+ min ago (173+ words) Saudia Cargo will double its fleet, adding four Boeing 777-200F jets over more than two years. Gulf carriers bulk up their fleets Saudia Cargo will double its fleet, adding four Boeing 777-200F jets over more than two years, as Saudi Arabia pushes…...
US Navy Certifies Rolls-Royce mtu Engines for Autonomous Ships
14+ hour, 3+ min ago (235+ words) Rolls-Royce announced that its MTU Series 4000 and Series 2000 marine engines have received certification from the U.S. Navy for use in autonomous naval vessel operations, marking a significant milestone in the advancement of unmanned maritime capabilities. Home » US Navy Certifies Rolls-Royce mtu…...
EU boosts maritime manufacturing with Industrial Maritime Value Chains Alliance
14+ hour, 47+ min ago (201+ words) Image hereabove is being used for illustration purposes only/ Credit: Shutterstock On 2 September, the European Commission launched the EU Industrial Maritime Value Chains Alliance, following a commitment under the recently adopted European Industrial Maritime Strategy. The initiative aims to strengthen…...
Escaping the Escalation Trap in the Thailand-Cambodia Maritime Dispute
1+ day, 1+ hour ago (485+ words) Compulsory conciliation under UNCLOS could help both sides insulate sensitive negotiations from domestic political pressure....
VOC Port Poised to Become Key Node in India’s Green Maritime Shift
17+ hour, 42+ min ago (291+ words) The VOC Port, designated as a Green Hydrogen Hub under the National Green Hydrogen Mission, was the first Indian port to produce green hydrogen Chidambaranar Port is being positioned as a potential green shipping corridor node on the India-Europe trade…...
‘Growth, growth, growth’: Patriot Maritime is a ‘small’ manager with big ambitions
1+ day, 1+ min ago (44+ words) Chief executive and owner of Houston-based company open to new markets after scoring biggest government contract... ‘Growth, growth, growth’: Patriot Maritime is a ‘small’ manager with big ambitions Chief executive and owner of Houston-based company open to new markets after…...