Expect naval shipbuilding analysts to have a busy weekend poring over a just-released report from the nonpartisan Congressional Budget Office (CBO). Among its findings are that even if the Navy received the
A new Canadian ferry company, Vancouver Island Ferry Company (VIFC), plans to launch a foot-ferry service next summer that will link Nanaimo, on Vancouver Island, with downtown Vancouver, B.C. VIFC says it
Classification society DNV sees what most of us would call sails — it terms them Wind Assisted Propulsion Systems (WAPS) — as one of the most promising measures to assist the decarbonization
Norway’s DOF Group, which has a fleet of more than 60 offshore service vessels, now faces either a forced restructuring under the Norwegian Reconstruction Act, or bankruptcy. At an extraordinary general meeting
The National Transportation Safety Board has released its report on a November 25, 2021 incident involving a 754-foot-long, 106-foot-wide LPG carrier, the Gas Ares, that led to more than $1 million in
Brooklyn, N.Y. based high tech start-up Amogy Inc. reports that its innovative ammonia-to-power system for maritime applications is to be considered for future shipping projects with Oslo-headquartered Yara Clean Ammonia (YCA). Yara
St. Catharines, Ontario, headquartered Algoma Central Corporation (TSX: ALC) reports that it has doubled its investment in its FureBear 50/50 joint venture with Donsö, Sweden, based Furetank, which will be boosted by
Jonathan and Diana Toebbe, the Maryland couple arrested in Jefferson County, W.Va., by the FBI and the Naval Criminal Investigative Service (NCIS) in October last year, were sentenced today for conspiracy to
Easing supply chain bottlenecks at major U.S. ports may be good news for consumers, but not so much for containership operators. As we reported earlier, after container shipping giant Maersk reporting record
With ammonia seen as a key future fuel for shipping, Chinese shipbuilder COSCO Shipping Heavy Industry Company has been exploring its use in four stroke engines. Those efforts have now seen ABS