UNCTAD: Ukraine war raises global shipping costs, stifles trade
The Russian invasion of Ukraine is stifling the trade and logistics of Ukraine and the Black Sea region, increasing global vessel demand and the cost of shipping around the world. In a
Author: Nick Blenkey
Versatile tractor tug joins Cook Inlet Tug & Barge
The Dr. Hank Kaplan, a versatile and powerful harbor tug, entered service in Alaska earlier this month in the Cook Inlet Tug & Barge fleet. Delivered to its original owner in 2017
U.S. will supply Ukraine with over 20 Metal Shark military vessels
In an effort to help Ukraine to better protect its coastline, waterways, and ports, the United States is providing the country with a range of defense articles, including 23 welded-aluminum military vessels
Shell and CMA CGM sign agreements on LNG and decarbonization
A new multi-year liquefied natural gas (LNG) supply agreement between Shell and the CMA CGM Group will see CMA CGM’s 13,000 TEU containerships bunkered in the Port of Singapore. This will be
GD NASSCO christens ESB-6 Military Sealift Command ship
Expeditionary sea base USNS John L. Canley (ESB-6), the U.S. Navy Military Sealift Command’s newest ship, was christened during a ceremony at the General Dynamics NASSCO shipyard in San Diego, Calif., June
Idwal adds crew welfare to ship inspection grading
Cardiff, Wales-based international ship inspection specialist Idwal has added 12 key crew welfare questions to its rigid and standardized inspection process. With its extensive international surveyor network, Idwal has several representatives on
Knud E. Hansen joins wind-powered RO/RO project
Sweden’s Wallenius Marine has signed an agreement with Danish naval architectural consultancy Knud E. Hansen that will see the firm join the Orcelle Wind project as naval architects. Using wind as its
U.S. to supply Ukraine with 18 patrol boats
In the last month, the U.S. pledged more than $1.4 billion in security assistance to Ukraine. Some of that assistance is aimed at helping the Ukrainian military better defend its coast and
Carnival quarterly update gives cruise share prices a boost
Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK), the world’s largest cruise company, today released its second quarter business update and though there was plenty of red ink splashing around, investors liked the
Matson to retrofit containership engine for LNG dual fual operation
Matson Navigation Inc. and MAN Energy Solutions have signed a contract for the retrofit of the main engine aboard the Daniel K. Inouye. Delivered by Philly Shipyard in 2018, the 3,600 TEU