Vehicle Carriers Seek Relief from USTR Port Fees

Operators of hulking car carriers are seeking relief from the U.S. Trade Representative's surprise plan to levy port fees on all foreign-built ships in that segment, including 20 vessels that guarantee transport

Wind and Biofuel Power Odfjell’s First Near Carbon-Neutral Transatlantic Voyage

Odfjell’s chemical tanker Bow Olympus is currently crossing the Atlantic powered by a combination of wind-assisted propulsion and a certified sustainable 100% biofuel, marking the company’s first near carbon-neutral transatlantic voyage.Real…

Trump Order Fast Tracks Subsea Mining

President Donald Trump signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across

Outdraft Current Contributed to Ohio River Tow Strike

A barge tow struck a vane dike on the Ohio River last year because the pilot did not effectively compensate for the outdraft current while navigating out of the McAlpine Locks in

R2mc Deploys Eco Patch Technology at Sea

R2mc Technologies is entering the marine propulsion market after success in motorsports and heavy-duty transport, with a new patented Eco Patch Technology.The Eco Patch System acts as an autonomous torsional damper, converting

ASRY, AtkinsRéalis Sign MoU on Offshore Wind Energy Projects

The Arab Shipbuilding and Repair Yard Company (ASRY) has signed a memorandum of Understanding (MoU) with AtkinsRéalis, an engineering services company with capabilities in the net zero energy sector. The signing took

Baltic Index Rises to Over Two-Week High

The Baltic Exchange's dry bulk sea freight index extended gains on Thursday, reaching a more than two-week high, on stronger rates across all vessel segments.* The main index .BADI, which monitors rates for

US DOI Implements New Guidelines on Gulf of Mexico Drilling With Hopes of Boosting Oil Output

The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it

KERSHIP Launches Construction of OPV 60M for the Montenegrin Navy

KERSHIP launched the construction of the first of two OPV 60M offshore patrol vessels for the Montenegrin Navy at its Lorient shipyard on April 24 in the presence of Mr. Dragan Krapovic,