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At least nine people were killed when a South Korean-flagged vessel capsized off Japan, South Korea's foreign ministry said on Thursday.Two South Korean nationals were among the dead, it said, adding that the Japanese coastguard had rescued an Indonesian crew member and that another member of the crew of 11 was missing.The ministry did not provide the name of the vessel.Public broadcaster NHK, citing the coastguard, reported on Wednesday that a South Korean-flagged chemical tanker had capsized off the coast of Yamaguchi prefecture in western Japan…

South Korea's Hanwha Ocean has pitched offers to build submarines to Canada, the Philippines, and Poland, a company official said on Wednesday, as the country pushes to become one of the world's top four defense exporters.Canada is studying potential builders for new submarines and has expressed interest in Hanwha Ocean among other foreign rivals, Kim Seung-min, leader of Hanwha Ocean's naval and special ship overseas marketing team, told Reuters in an interview, without naming the competitors."We are now checking on our shoelaces at the start line before the race kicks off…

South Korean authorities cited the risk of Chinese economic retaliation when they charged marine technology firm SI Innotec last year with violating trade laws for its work on Taiwan's new military submarine program, according to a police document seen by Reuters and two people familiar with the matter.In a Feb. 17, 2022, affidavit to a judge seeking the arrest of SI Innotec executive director Park Mal-sik, police said authorities feared a repeat of the sweeping sanctions imposed by Beijing in 2016, after Seoul decided to install THAAD, a U.S. anti-missile system.

North Korea has tested a new nuclear-capable underwater attack drone, state media reported on Friday, as leader Kim Jong Un warned joint military drills by South Korea and the U.S. should stop.During the test, the new North Korean drone cruised underwater at a depth of 80 to 150 metres (260-500 feet) for over 59 hours and detonated a non-nuclear payload in waters off its east coast on Thursday, North Korean state news agency KCNA said.Analysts say North Korea is showing off its increasingly diverse nuclear threats to Washington and Seoul…

Inquiries began into what caused the disappearance of a tour boat off Japan's northern coast as search efforts intensified on Monday to find the vessel and its missing passengers, with the confirmed death toll rising to 11.The "Kazu I" left harbor on Saturday for a sightseeing trip when it ran into trouble off the Shiretoko peninsula on the island of Hokkaido. The boat was carrying 24 passengers, including 2 children, and two crew members. Only a few orange flotation devices bearing…

Trading house Mercuria and Singapore-based asset manager Envysion Wealth Management have agreed to co-invest in mining and energy projects, as default-hit banks tighten their purse strings and leave commodities firms seeking other funding.The deal, signed on Wednesday, will see Mercuria present potential projects for investment to Envysion, founded and led by former Julius Baer banker Veronica Shim. Envysion will then decide whether to participate via a fund with a start-up amount…

Japan and Australia agreed on a breakthrough defense pact on Tuesday allowing reciprocal visits for training and operations, and voiced concern over the disputed South China Sea, where China is extending its military influence.It is Japan's first agreement covering foreign military presence on its soil since a status of forces agreement in 1960 that allowed the United States to base warships, jets and troops in Japan as part of an alliance that Washington describes as the bedrock of regional security.The Reciprocal Access Agreement strengthens defense ties between the two U.S.

A project to produce a novel emissions-slashing hydrogen passenger ferry has been granted €8 million ($9.4 million) in European funding as the Norwegian government announces strengthened focus on development and commercialization of hydrogen as a carbon-neutral fuel.The HySHIP project involves 14 European partners collaborating on the design and construction of a new ro-ro demonstration vessel running on liquid green hydrogen (LH2), as well as the establishment of a viable LH2 supply chain and bunkering platform.

The United States is conducting two military exercises in Asian waters this week involving allies Japan, Australia and India, the U.S. navy said on Tuesday.The exercises come as military rivalry between the United States and China is intensifying and days after the United States said China’s claims of sovereignty in the disputed South China Sea were illegal.The United States has long opposed China’s expansive territorial claims on the South China Sea, sending warships regularly through the strategic waterway to demonstrate freedom of navigation.China opposes such exercises and said the U.S.

The Costa Atlantica cruise ship, which docked in southern Japan with over 100 crew members testing positive for COVID-19, has left the country and is en route to the Philippines, local government officials said on Monday.The ship departed Nagasaki on Sunday over a month after it became the second virus-stricken cruise ship to dock in Japan. Lax control on the movement of crew whilst docked highlighted Japan’s patchy response to the pandemic.The 86,000 tonne Costa Atlantica docked for maintenance in late April carrying no passengers and 623 crew, most of whom were eventually quarantined inside the ship after 149 tested positive.Six remain hospitalised in a non-life-threatening condition…

Seven days before Japan quarantined a cruise ship near Tokyo early this year, in what became one of the first coronavirus hot spots outside China, another cruise ship docked in southern Japan.For the next five weeks, as the virus took hold in Japan and the Diamond Princess in Yokohama port grabbed global attention, the Japanese authorities issued no warnings to the Costa Atlantica 1,200 km (750 miles) to the southwest.Passengers from the Yokohama ship were dying while people from the other vessel freely got on and off…

Valaris, the world's largest offshore drilling company by fleet size, is set to lose one of the most lucrative contracts in the offshore drilling industry today after it recently accidentally dropped a blowout preventer stack to seabed offshore Angola.The contract, at a day rate of $620,000 per day, is with the French oil major Total for the drillship Valaris DS-8. The Samsung GF12000 designed drilling rig has been drilling for Total since 2015.As previously reported, Valaris earlier in March said it had accidentally dropped Blowout Preventer Stack to the seafloor of Angola, while the rig was moving between well locations. It then warned the customer might seek to terminate the contract as a result of the incident.In an update on Thursday…

Dozens more people onboard a cruise ship quarantined in the port of Yokohama, Japan, tested positive for the coronavirus on Friday and thousands of passengers remained confined to their cabins, only allowed on deck briefly for fresh air.The Diamond Princess, owned by Miami-based Carnival Corp, was placed on a two-week quarantine on arriving at Yokohama on Monday after a man who disembarked in Hong Kong was diagnosed with the virus.Japanese Health Minister Katsunobu Kato told a news conference that 41 people on the liner had tested positive for coronavirus on Friday…

The Vessel is on track to commence deliveries of compliant marine fuels from Q1 2020.Singapore-based bunker tanker owner and operator Sinanju Tankers Holdings (“Sinanju”) achieved a new milestone today with the launch of the republic’s inaugural LNG-powered conventional bunker tanker.The 7,990 dwt vessel was christened “Marine Vicky” by her Lady Sponsor, Ms. Quah Ley Hoon, Chief Executive of the Maritime and Port Authority of Singapore (MPA) at a launch ceremony held in Nantong, China at Keppel Nantong Shipyard, a wholly-owned subsidiary of Keppel Offshore & Marine (“Keppel O&M”).Ms.

ExxonMobil Asia Pacific has signed a two-year time charter agreement with Singapore-based Sinanju Tankers Holdings Pte Ltd to lease Singapore's first liquefied natural gas (LNG) powered bunker tanker, Sinanju said in an statement on Friday.The 7,990 deadweight tonnage (dwt) newbuild will be the first LNG bunker tanker for Singapore and Sinanju and will deliver ExxonMobil's new Engineered Marine Fuels (EMF.5) to ocean-going vessels within Singapore port limits from the first quarter of next year.EMF.5 marine fuels are designed to comply with the International Maritime Organization's (IMO) globa

The world's largest silent research vessel built by China was officially put into use, which will pave the way for the cultivation of innovative deep-sea talent and ocean science study.Built by Shanghai-based Jiangnan Shipyard (Group) Co., Ltd, the Dong Fang Hong 3 is the first Chinese research vessel and the world' fourth to have obtained a Silent-R certificate, the highest standard for underwater noise control issued by Norwegian international certification body, DNV GL, according to Xie Jun, chief builder of the vessel.The ship is the first one in China and fourth in the world to receive the certification, positioning the vessel at the highest international standard in terms of the underwater radiation noise control in the world.

A new vessel being built to operate along the Rhône river in France will be the world's first push boat to run entirely on hydrogen fuel cells.The newbuild for the France-based Sogestran Group subsidiary Compagnie Fluviale de Transport (CFT) is due for delivery in 2021 and will feature a fuel cell based power and propulsion solution from ABB through its role in FLAGSHIPS, the EU-funded initiative to deploy commercially operated zero-emission vessels for inland and short sea operations.

Ballard Power Systems Europe is providing technology to H2Ports project which will see Valencia’s port in Spain become the first in Europe to incorporate hydrogen energy in its operations.The developer and manufacturer of proton exchange membrane (PEM) fuel cell products said in a press release that H2Ports project is aimed at facilitating a rapid transition at European ports from fossil fuels to low-carbon, zero-emission alternatives based on hydrogen and fuel cells.Ballard Power Systems Europe, subsidiary of Canada's Ballard Power Systems Inc.,  said that earlier this month participants held the first technical meeting of the H2Ports project…

Resulting entity would control about 20 pct of global market; Daewoo shares rally 22 pct; Hyundai Heavy shares fall.Hyundai Heavy Industries, the world's biggest shipbuilding group, has announced a share swap deal worth 2.1 trillion won ($1.98 billion) to take over second-ranked Daewoo and create a global heavyweight controlling over 20 percent of the market.The move comes as the worldwide shipbuilding sector recovers from a global economic downturn that led to massive losses…

Hyundai has outsized influence over town's economy, population; Ulsan could be South Korea's Rust Belt in the making.When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea's annual average salary.But the 52-year-old was laid off in January, joining some 27,000 workers and subcontractors who lost their jobs at Hyundai Heavy between 2015 and 2017 as ship orders plunged.To support their family, Lee's wife took a minimum wage job at a Hyundai Motor supplier.

Daewoo Shipbuilding & Marine Engineering said its contract with an European shipowner was amended to build one ship from three ships.The renewed deal is worth 102 billion won ($90.24 million), according to Daewoo's regulatory filing.Reporting By Ju-min Park

The SAFIR consortium, a group of 13 public and private organisations, has been selected by Single European Sky ATM Research Joint Undertaking (SESAR JU) to demonstrate integrated Drone Traffic Management for a broad range of drone operations in Belgium.Antwerp Port Authority said in a press release that  the goal of the SAFIR project is to contribute to the EU regulatory process for drones and drive forward the deployment of interoperable, harmonised and standardised drone services across Europe.The SAFIR consortium (Safe and Flexible Integration of Initial U-space Services in a Real Environment) consists of the following organisations: Unifly, Amazon Prime Air, Belgocontrol, DronePort, Proximus, the Port of Antwerp, Helicus, SABCA, Elia, High Eye, C-Astral, Tekever and Aveillant.

Abu Dhabi Ports announced on Sunday the delivery of the first shipments of Automated Rail Mounted Gantry Crane (ARMG) and ship-to-shore quay cranes (STS) to Khalifa Port.Shipped from Shanghai, the ten state-of-the-art ARMG Cranes and four STS Cranes are the initial batches of equipment to be installed at COSCO Shipping Abu Dhabi Terminal, the second container terminal being built at Khalifa Port due for completion at the end of this year.As innovation and automation continues to be part of Abu Dhabi Ports’ long-term strategy, the state-of-the-art ARMG’s and STS cranes will add unprecedented advantages to Khalifa Port by ensuring the timely and efficient stacking of containers in the terminal’s yards.Furthermore…