17

Dec

Container Shipping Faces Oversupply Threat as Record Newbuild Orders Reshape Industry

The global containership industry is preparing for possible major changes, as the orderbook has reached 11.61 million TEU, which is about 34.8% of the current...

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17

Dec

Over 11 Million Barrels of Venezuelan Oil Stuck at Sea After U.S. Tanker Seizure

HOUSTON, Dec 16 (Reuters) - Venezuela's state-owned company PDVSA is facing challenges with oil shipments, increased price discounts, and customer requests to...

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17

Dec

WATCH: Ro-Pax Ferry Turns Back After Severe Storm in Strait of Gibraltar

This past weekend, a Balearia ferry faced tough weather while trying to cross the Strait of Gibraltar. After several challenging hours at sea, the ferry decide...

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17

Dec

Trump Orders Total Blockade of Sanctioned Venezuelan Oil Tankers

On Tuesday, President Donald Trump announced a full blockade of all oil tankers that are under sanctions, entering or leaving Venezuela. He labeled the Maduro...

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17

Dec

Hefring Marine with SEA.AI to elevate maritime safety through AI-enhanced vision technology

Hefring Marine from Iceland, a leader in smart maritime analytics, has teamed up with SEA.AI, a company known for its AI-driven maritime vision systems....

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16

Dec

Merchant Vessel Repels Armed Attack Off Yemen Coast as Red Sea Transit Risks Persist

A merchant ship successfully defended itself from an armed attack by several small boats around 15 nautical miles west of Yemen, as reported by the United Kin...

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16

Dec

Containership ONE Continuity Loses 45 Boxes in Atlantic Storm, Diverts to Canary Islands

Last week, the ONE Continuity, a containership with a capacity of 8,102 TEU, changed its course to Las Palmas in the Canary Islands after losing around 45 cont...

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16

Dec

Hapag-Lloyd Expands Green Fleet with $500 Million Methanol Newbuild Order

The German shipping company Hapag-Lloyd has signed a contract with the Chinese shipbuilder CIMC Raffles to build eight dual-fuel methanol container ships. This...

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16

Dec

ABB and HDF Energy to develop high-power fuel cell unit for large seagoing ships

ABB and HDF Energy have created a new high-power fuel cell for use in large ships, enabling installations at the megawatt level. Fuel cells can significantly...

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