A Mysterious Shipwreck Dates Back To 1800s
A mysterious shipwreck that may date back to the 1800s has emerged from the sands of a northern Florida beach.
Dune erosion caused by a recent tropical storm revealed the shipwreck on Crescent Beach...
Ship Exhaust Emissions are A Major Cause of Worry, Say Scientists
Emissions from ship exhausts can have a major impact on air pollution, weather and climate.
Until relatively recently these have been largely unregulated, particularly in international waters.
Some ships in the open ocean...
Elon Musk’s SpaceX Halts Services Amid Beta Testing Plans
SpaceX will continue beta testing its satellite-based broadband service Starlink into next year indicating commercial service would not likely be offered in 2020 as previously planned, reports Nasdaq.
A crucial source of funding
Hawthorne, California-based SpaceX,...
Engineering Firm Fined $11m for Unfair Market Practices
Antitrust regulator has fined a French engineering company 12.5 billion won (US$11 million) for its unfair tie-in sales to South Korean shipbuilding clients.
The deals allowed the shipbuilders to use GTT's LNG-related patents...
66 Vessels, 5.7MT Coal, 1000 Seafarers Stranded by China Ban
The 5.7 million tons of coal is worth more than $500 million.
An estimated 1,000 seafarers are manning the bulk carriers.
A total of 66 vessels loaded with Australian coal are positioned in...
CMA CGM Profitability Drives Up Amid Stronger Q3 Demand
CMA CGM has joined its liner peers in posting a huge profit for the third quarter of $567m.
Carryings on CMA CGM vessels were up just 1% on the year before, at 5.59m...
Pacific International Lines Losses Double in 2020
Pacific International Lines (PIL) remains in the red, with a net loss that nearly doubled to US$120 million for the first half of 2020.
Releasing its H1 2020 results on 18 November, the...
PTE Ltd Orders Three New LPG Carriers For Construction
Petredec Holdings (Eastern) PTE Ltd has announced the signing of a contract for the construction of 3+3 × 93,000 cbm LPG carriers at Jiangnan Shipyard in China, says a press release issued by MAN.Each...
Workshop on GPS Jamming & Spoofing in Maritime Environment
DOT, through the Office of the Assistant Secretary for Research and Technology (OST-R) and the Maritime Administration (MARAD), will host a workshop on Global Positioning System (GPS) jamming and spoofing in the maritime environment...
Container Shortage Makes Carrier Prices Only Valid for a Week
Vessel Shortages expected through Lunar New Year
Freight rates doubled in major Asian routes.
Asian polymers hit by delays, price rises
Maersk's Taiwan-India rate tops $4,000/FEU
The extremely volatile market is making prices...