‘These grants go directly to small shipyards across the country and will help protect and create local jobs, strengthen America’s maritime industry, and bolster our economic security,’ said transportation secretary Pete Buttigieg

With virtually no ships idle, owners can set the terms for charter tonnage. Even classic panamaxes are achieving record rates

A maritime lawyer has called for a military resolution to break the deadlock over the floating storage tanker Safer amid frustration that Yemen’s Houthi rebels continue to stop the UN inspecting and repairing the ship

Due to current market weakness the company plans to bring forward six scheduled dry dockings and two special surveys. Around 11 VLGC remain to be retrofitted with dual-fuel LPG propulsion engines, out of which eight ships are scheduled in 2021 with the first likely to enter yards in mid-March

Clients have not cancelled any projects on Sembmarine’s orderbook, which has diversified beyond projects in the offshore oil and gas sector, says the shipyard group’s chief executive

Four crew were injured and two taken to hospital with burns after an explosion on a Hong Kong-flagged capesize bulk carrier at the port of Gibraltar on Friday night

The acquisition is being funded through internal resources as Yangzijiang widens its base of related companies

ABB has worked across several industrial sectors. It found that digital silos is a common problem. The Ability Genix platform aims to provide advanced analytics for mid- to large companies

The company, which had 16 off-hire days in the fourth quarter of last year because of deviations and longer port stays, said it continues to face challenges related to crew changes