South Africa is hoping to boost the fortunes and competitiveness of its East London river port. Port operator Transnet has decided to build a liquefied natural gas (LNG) import terminal at the facility.
One of the few large offshore wind projects proceeding in the United States, Revolution Wind completed the installation of its 65th and final wind turbine. The project began delivering power in March despite repeated opposition from the Trump administration and…
HD Hyundai Heavy Industries Co., Ltd. (HHI) has developed a 35,000 m³ LPG/Ammonia carrier. ClassNK reviewed the design concept of the vessel and, having confirmed that it meets the prescribed requirements, issued an Approval in Principle (AiP).
The Turkish government has formulated a draft peace plan that proposes to bring an end to the Russian and Ukrainian maritime strikes in the Black Sea – and relieve the pressure on Turkish shipping interests. A Turkish diplomat told AFP…
Italy's defence minister on Friday called for a stronger naval presence in the Red Sea to protect merchant shipping amid concerns over the Bab el-Mandeb Strait, a vital waterway threatened by the widening Middle East conflict.The Iran-backed Houthis in Yemen…
Greek dry bulk shipowner Icon Energy announced that third-quarter gross hire rates across its fleet are projected to average approximately $19,000 daily per vessel, marking a 23 per cent rise from $15,500 during the prior-year period.Fleet utilisation reached 100 per…
