Ship Recycling Fundamentals Down

As we enter October, global markets are ready registering spooks across the board, marking a drastic debut into Week 41, reports cash buyer GMS.Inflation climbed in both Turkey and Pakistan through September,

German Ship Manager Partners on Direct Air Capture

German ship manager NSB Group has entered into a partnership with Phlair, a German direct air capture company for the delivery of carbon dioxide removal credits (CDR).The credits will be produced by

Maersk Retrofits Green Technology on Time-Chartered Fleet

In a large-scale program involving 50 different shipowners, A.P. Moller - Maersk is retrofitting around 200 vessels in its time-chartered fleet. The main aim of the program is to reduce the slot

Shell Exec Says Trump Halting Wind Projects is Harmful

The decision by President Donald Trump administration to halt fully permitted offshore wind energy projects is "very damaging" to investment, President of Shell U.S. Colette Hirstius told the Financial Times in a

Russia Condemns US Boat Strikes off Venezuela

U.S. forces hit another vessel allegedly carrying illegal drugs off the coast of Venezuela on Saturday evening, U.S. President Donald Trump said on Sunday, adding that the U.S. would also start looking

Sweden to Boost Coast Guard Surveillance in Baltic Sea

Sweden is proposing legislation to increase security in the Baltic Sea by expanding its coast guard's ability to conduct maritime surveillance, the Nordic country's defence ministry said on Friday.The Baltic Sea region is on heightened alert following a string of

Russian Warships Repeatedly Provoke Danish Vessels in Straits

Russian warships have repeatedly sailed on collision courses, aimed weapons at Danish naval vessels and disrupted navigation systems in Denmark's straits that connect the Baltic Sea to the North Sea, its defence intelligence service said

Colonna’s Shipyard Invests $70m for Fourth Drydock

Colonna’s Shipyard, Inc. (CSI) will invest $70m to acquire its fourth drydock, expected to have a lifting capacity of 25,000 tons and slated for delivery in the first half of 2028.“This new

Hardik Gajjar Joins HDR as Maritime Planning Lead

Hardik Gajjar, ENV SP, has joined HDR as maritime planning lead for the firm’s growing ports and maritime practice. Based in New Jersey, Gajjar will leverage his experience in maritime and intermodal