11 NOV 2024 South Korean shipbuilder HD Hyundai Heavy Industries today started a demonstration of autonomous operations of a large containership with the systems specifically designed into the vessel. It is part of a government-sponsored program being overseen by Korea’s Ministry of Trade, Industry and Energy, and the Ministry of …
Read More »EGYPTIAN OFFICIALS CITE “SEVERE LOSS” AT ONE YEAR MARK FOR HOUTHI ATTACKS
10 NOV 2024 Egyptian officials quantified the severe level of economic damage to the country’s economy as the Houthis closed in on the first anniversary of the launch of their assaults on commercial shipping in the Red Sea. Egypt emphasized the impact while it was meeting with the Secretary-General of …
Read More »DIRTY FUEL’S BIG COMEBACK: HSFO PRICES SPIKE AS SHIPS REROUTE FROM RED SEA RISKS
09 NOV 2024 One of the dirtiest corners of the global oil market is staging a spectacular rally, boosted by surging demand from ships sailing longer voyages to avoid unrest in the Middle East. The relative price of shipping fuel with a high sulfur content, an undesirable and pollutive contaminant, …
Read More »ALL HANDS FEARED LOST FROM PHILIPPINE CARGO SHIP MISSING FOR A WEEK
08 NOV 2024 The Philippine Coast Guard on Thursday reported that it was investigating the growing number of reports of debris and a possible sighting of bodies after days of intensive searching for a missing coastal cargo ship. Contact was lost with the vessel during one of the recent typhoons …
Read More »DELIVERING ON THE PROMISES OF MARITIME SOFTWARE
07 NOV 2024 As the maritime world embraces everything from the cloud to AI, the promised benefits of maritime software are becoming reality. Maritime software solutions in recent years have shown results in fundamental applications such as navigation, weather predictions, and route and maintenance planning. More recently, the industry has …
Read More »YANMAR ADDS NEW 12AYEM ENGINE TO HEAVY-DUTY MARINE PROPULSION LINE
05 NOV 2024 Yanmar, a leader in the design and manufacture of advanced performance diesel engines, is introducing a new option, the 12AYEM engine, to its line of purpose-built heavy-duty marine propulsion applications. Building on the company’s successful 12AYEM series, the new 12AYEM brings more options to customers who require emissions-regulated …
Read More »ABS STUDY CONCLUDES NUCLEAR POWER IS SUITABLE FOR LARGER LNG CARRIERS
03 NOV 2024 With advancements in nuclear engineering and the development of many types of advanced nuclear reactors, ABS concludes in a new report that there are many opportunities to implement the technology for commercial ship propulsion. While the work remains at a high level, they conceptualized the potential hazards …
Read More »WORLD’S STRANGEST RESEARCH VESSEL SAVED FROM SCRAPPERS TO “FLIP” AGAIN
01 NOV 2024 The iconic Floating Instrument Platform, known as “FLIP” because of its unique capacity to operate in either a vertical or horizontal configuration, has been saved from scrapping and is now in France where it is being modernized to start a new phase of its research missions. The …
Read More »PANAMA CANAL DEFIES DROUGHT WITH $3.45 BILLION PROFIT DESPITE FEWER SHIPS
31 OCT 2024 The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe drought that reduced the number of vessels that passed through the waterway, its authority said on Friday. Adverse weather conditions that reduced water available for the canal …
Read More »DAMAGED MV RUBY TO DOCK AT GREAT YARMOUTH AMID CONCERNS OVER EXPLOSIVE CARGO
31 OCT 2024 The MV Ruby, a cargo ship carrying a significant amount of potentially explosive fertilizer, is set to dock at the Port of Great Yarmouth on Monday, October 28, Peel Ports Group has confirmed. The move comes after weeks of uncertainty and concerns over the ship’s hazardous cargo. …
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