Global Economic Jitters Impact Ship Recycling As Recession Fears Grow
As inflation picks up worldwide and the U.S. economy shrinks in Q1, the global shipping and ship recycling industries are navigating rough waters. A...
Incat Launches World’s Largest Battery-Electric Ship In Tasmania
Tasmania has become home to a maritime milestone with the official launch of Incat Hull 096, the world’s largest battery-electric vessel. Commissioned by South...
VINSSEN’s 60kW Hydrogen Fuel Cell Stack Earns Type Approval For Maritime Use
South Korea-based maritime decarbonization specialist VINSSEN has achieved a major milestone with the Type Approval certification of its 60kW hydrogen fuel cell stack. The...
Game Theory at Sea: The Prisoner’s Dilemma in Global Shipping and Trade
In the realm of economics and international trade, decision-making under uncertainty often leads rational players to adopt strategies that, while individually rational, result in...
Korea & U.S. Agree to Launch Transpacific Green Shipping Corridor by 2027
A green shipping corridor across the Pacific Ocean linking the United States and South Korea is set to be established by 2027, the...
DEME Completes Acquisition of Havfram
Belgian marine engineering giant DEME has completed its acquisition of Norwegian offshore wind contractor Havfram in a deal valued at approximately 900 million euros,...
Smart Shipping: Maersk Upgrades IoT Connectivity Across Its Fleet
A.P. Moller - Maersk (Maersk) is taking a significant step in digital innovation with the deployment of its next-generation IoT connectivity platform, OneWireless,...
Hudson-Athens Lighthouse Suffers Extensive Damage in Hit-and-run
On the night of April 29, 2025, the Hudson-Athens Lighthouse, a 150-year-old beacon on the Hudson River in New York, was struck by a...
S. Korea’s Hanwha Ocean Targets US Navy Orders as Trump Seeks Shipbuilding Ties
Hanwha Ocean aims to boost its revenue from overseas military vessels to around 4 trillion won ($2.91 billion) by 2030 and hopes to...
COSCO SHIPPING Debuts Smart Cargo Hold Cleaner “Hold Cleaning Elf”
COSCO SHIPPING (Qingdao) has launched its independently developed "Hold Cleaning Elf" robot for bulk carriers, a major step in shipping automation.
The robot...
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