Baldwin to Trump: Hold China Accountable for Cheating American Shipbuilders
U.S. Senator Tammy Baldwin (D-WI) led a group of her colleagues in calling on President Donald Trump to hold China accountable for cheating trade laws to gain an unfair advantage in the shipbuilding industry.In the final days of the Biden Administration, the U.S. Trade Representative (USTR) released a report Baldwin pushed for that confirmed China has used unfair trade practices to undercut American shipbuilding.āTo stand up for the hardworking Americans employed in the shipbuilding industryā¦
Ice Navigation: Every Voyage is Different
Itās late in the season so Captain Duke Snider, sailing on a resupply voyage from New Zealand to Antarctica, is expecting virtually no sea, just glacial ice.Snider has been an ice navigator for decades, and he has seen the ocean change, not just here in the polar south, but in Arctic waters as well.āVariability is much greater than in the past when we could expect an ice breakup to occur within a calendar week, year after year, whether it was the Arctic or the Antarctic,ā he says.
Wasaline Optimistic about 2025 Despite 2024 Revenue Drop
Finnish shipping line Wasaline has expressed optimism about its financial results despite emission trading system (ETS) fees becoming a new expense for the company.Wasaline transports passengers and freight daily between Vaasa in Finland and Umeå in Sweden.It is the only passenger shipping company in Finland that does not have an exemption from ETS fees. The so-called Island Exemption, which grants relief from paying ETSā¦
Twelve Large Container Ships to Have GTT LNG Fuel Tanks
GTT has received an order from HD Hyundai Heavy Industries to design the cryogenic fuel tanks for 12 new LNG-fuelled container vessels on behalf of a European shipowner.The Mark III Flex membrane tanks will have a capacity of 12,750 cubic metres and the ā1 bargā design, which allows an effective operating pressure of up to 1 barg instead of the customary 0.7 barg.The Mark III membrane system is a containment and insulation system directly supported by the shipās hull structure.
Marine Coatings and Breaking with Tradition
Thereās a tendency for owners to stick with the coatings they are familiar with, but environmental concerns, particularly regarding marine biodiversity, are providing fresh opportunities for them to reconsider.Measuring hull coating performance from noon reports yields around 350 data points over a five-year docking cycle after including full loaded sailing days and excluding adverse weather days etc.Butā¦
Cruise Shipping Stocks Tank on Lutnick Tax Comments
As the Trump Administration sweeps through its first month in office with a torrent of restructuring in government, it seems even Mickey Mouse is fair game. Cruise operators which service the dominant U.S. cruise market routinely so-called āflags of convenienceā outside of the U.S., a provision that allows them to avoid taxation.In speaking with Fox News last night, and widely reported on multiple news outletsā¦
Cruise Shippingās Historic Rebound
Battered by Covid, the cruise industry was down but not out. Today it is setting records in passenger count + the size and cost of a new fleet.Post-Pandemic, the fortunes of the big cruise companies have brightened dramatically. A late December, 2024 earnings release from Carnival Corporation & plc (NYSE: CCL), encompassing brands including Carnival Cruise, Holland America, Cunard, Princess Cruises and othersā¦
Record-Breaking Order: Largest Permanent Magnet Shaft Generator System Secured for 30 LNG Carriers
ABB secured orders from shipbuilders in China and South Korea to equip 18 and 12 liquified natural gas (LNG) carriers, respectively, with permanent magnet shaft generator technology. The ships are due for delivery between 2028 and 2030.ABBās permanent magnet shaft generator system is aimed to boost fuel economy compared to solutions where power is provided by auxiliary engines. By avoiding starting up high-speedā¦
S. Korea Slaps 38% Tariff on Chinese Steel Plate
South Korea's industry ministry has provisionally decided to impose up to 38% tariffs on Chinese steel plate imports after an investigation into alleged dumping of the steel product used in shipbuilding and construction.The move comes after South Korean authorities initiated an investigation into dumping by Chinese steel suppliers after local companies had filed complaints about an influx of low-cost steel plates from Chinaā¦
ClassNK, OceanScore Partner on Data-Driven Regulatory Compliance
A collaboration agreement has been signed between classification society ClassNK and maritime data and technology firm OceanScore to link the latterās integrated solution for ClassNK ZETA (Zero Emissions Transition Accelerator) that enables users and related stakeholders to access visualized MRV/DCS data.Shipping companies using the ClassNK ZETA service will gain seamless access to OceanScoreās market-leading Compliance Manager under the agreementā¦
10-Year-Old Pilot Boat Back to Gladding-Hearn for Repower, Refit
Charleston Branch Pilots have returned a pilot boat to Gladding-Hearn after 10 years of continuous service for the port of Charlestown. The all-aluminum vessel will be repowered and refitted with a new Seakeeper 40 gyro stabilizer.The 65ā Fort Ripley was designed by Ray Hunt Design and Gladding-Hearn and built by the Somerset, Mass., shipyard in 2014. With a top speed of 28 knots, it was the first commercial vessel in the United States powered by Volvo Penta IPS drives with twin forward-facingā¦
Phillips 66 Leases Floating Storage Vessel in Singapore
The Singapore trading arm of U.S.-based refiner Phillips 66 has recently leased a new floating storage vessel along the Singapore and Malacca Straits for storing fuel oil, market sources told Reuters.The 300,000 metric-tons capacity Southern Emperor is the latest addition to 19 existing fuel oil floating storage vessels along the Straits chartered by various market participants, said sources.So far, Phillips 66 has been partially renting the EM Splendour for fuel oil storage.The Singapore and Ma
First US-Built Wind Turbine Installation Vessel Starts Sea Trials
The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, has started sea trials ahead of delivery to Dominion Energy planned for later in 2025.The Seatrium AmFELS shipyard in Bronsville, Texas, has been in charge of the construction of the WTIV vessel, the first of its kind to be build in the United States.The vessel, commissioned by Dominion Energyā¦
Eidesvik, Agalas and Reach Subsea Order New Dual-Fuel Hybrid CSV
Eidesvik Offshore, Agalas, and Reach Subsea have partnered up to build a new construction support vessel (CSV) for subsea and offshore renewables operations.The new CSV will have similar specifications as the vessel Eidesvik currently has under construction together with Agalas at the Sefine Shipyard in Turkey.The vessel will also be built at the Sefine Shipyard, with delivery scheduled for spring 2027.It will be specifically equipped to perform inspectionā¦
