President Joe Biden announced today that the U.S. will ban Russian oil, natural gas and coal imports as part of the administration’s response to Russia’s invasion of Ukraine. In addition to the
Niels Rasmussen, chief shipping analyst at BIMCO, is warning that the negative impacts of Russia’s actions in Ukraine will have consequences for all sectors of shipping. Though much uncertainty remains, the immediate
As Russia continues its invasion of Ukraine, reports of Russian attacks on merchant ships are growing. Video posted on YouTube shows the Moldovan flagged, bunker vessel Millennial Spirit (IMO7392610) in flames after
Royal Caribbean’s Silversea Cruises brand is preparing to take delivery of its new ship Silver Origin, following a remarkable display of resilience and ingenuity by its builder, the De Hoop shipyard in
AUGUST 4, 2017—Responding to what it sees as “significant growth” in the Black Sea harbor towing and offshore work market, Dutch towing and salvage specialist Multraship is transferring its 63-ton bollard pull
OCTOBER 9, 2015—This past September, Wärtsilä signed an order to supply its new medium-speed Wärtsilä 31 engine for a new generation icebreaker currently under construction at the PJSC Vyborg Shipyard in Russia.
DECEMBER 30, 2014—United Shipbuilding Corporation, St. Petersburg, Russia, has taken full control of Arctech Helsinki Shipyard, Inc. Helsinki, Finland, after acquiring the remaining 50% share in the company from STX Finland, a