Damen Shipyards Galati in Romania has cut steel on the third vessel in a series of four Island Class ferries on order for Canada’s BC Ferries. At the same time, another vessel
FSG Nobiskrug Shipyards negotiations at "advanced stage"
FSG Nobiskrug shipyards has received several offers from potential investors. These are industry-related companies from Germany, not financial investors.This was reported by the provisional insolvency administrators Dr Christoph Morgen and Hendrik Gittermann
Baltic Index logs second straight weekly drop
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a one-week low on Friday and marked a second straight weekly fall as rates
Industry Executives: Red Sea too risky even after Gaza ceasefire
Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's
Philippine Navy Drills Near Scarborough Shoal
The Philippine navy said on Friday its ships were holding drills near a contested shoal in the South China Sea, a day after Manila and Beijing agreed to seek common ground and
DOJ: Bollinger agrees to pay $1,025,000 to settle False Claims Act allegations
The U.S. Department of Justice reports that Bollinger Shipyards LLC has agreed to pay $1,025,000 to resolve allegations that it violated the False Claims Act by knowingly billing the U.S. Coast Guard
$31M CARB grant will help Catalina Express and Harbor Breeze start emission-reduction projects
In partnership with ferry operator Catalina Express and whale watching boat operator Harbor Breeze Cruises, the Port of Los Angeles will soon begin emission-reduction technology demonstration projects for specialized harbor craft, thanks
Pacific LNG shipping rates drop below $20,000 per day, European prices up
"Spark30S Atlantic freight rates dropped for a second consecutive week, falling by $4,000 to $20,000 per day - the largest week-on-week drop since November 2024," Qasim Afghan, Spark’s commercial analyst, told ...
Third Plaquemines LNG cargo heads to Europe
The 2021-built 174,000-cbm, Isabella, was on Friday located in the North Atlantic Ocean, offshore Bahamas, after picking up a cargo at the Plaquemines LNG facility earlier this week, its AIS ...
US LNG exports climb to 29 shipments
The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 29 LNG vessels is 110 Bcf. This compares to
India boosts LNG imports
The country imported 3.22 billion cubic meters, or about 2.5 million metric tonnes, of LNG in December via long-term contracts and spot purchases, preliminary data from the oil ministry’s Petroleum ...
New Funding to Advance Hull Cleaning and Inspection Robot Deployment
Canada’s Ocean Supercluster (OSC) is participating in a $940K Amphibian UWILD Remote Robotic Platform Project.The robot is expected increase the speed and accuracy of ship hull inspections and reduce the risks associated
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