Steel Tariff Set to Dampen Ship Recycling Sentiment
The Trump announcement of tariffs on nations currently exporting various grades of the metal to the US is unquestionably set to dampen global steel prices and ship recycling sentiment across the Indian sub-continent, reports cash buyer GMS.“Every week is now intent on bringing with it, an entirely new economic reality for the world to re-adjust to, turning everyday business practices into an extremely erratic and volatile way of conducting any type of practical international trade…
Study: IMO’s Net Zero Framework Favorable for Ammonia
A study shows that under the parameters principally agreed within the IMO Net Zero Framework, ammonia dual-fueled ships have a clear competitive advantage from the mid-term (mid-2030's), while the near-term landscape remains less certain.The study was released by UMAS and UCL Energy Institute Shipping and Oceans Research Group and undertaken for Global Maritime Forum.The report uses a Total Cost of…
Daan Koornneef Appointed CEO of Econowind
Econowind has appointed Daan Koornneef as its new CEO. The Dutch company is scaling up operations to meet growing global demand for sustainable propulsion solutions.Founder Frank Nieuwenhuis will now dedicate his time fully to research and development of the company’s VentoFoil technology.“I am proud to join Econowind at this exciting stage of growth,” said Koornneef. “Throughout my career, I have worked at the intersection of maritime operations and sustainability.
Chris Heibel Appointed Chief Operating Officer for ARC Group
American Roll-On Roll-Off Carrier Group Inc. (ARC Group) has announced the appointment of Chris Heibel as Chief Operating Officer, effective June 1, 2025.In this expanded role, Heibel will assume leadership of the day-to-day execution of commercial and operations functions for ARC Group, the largest U.S.-flag Ro-Ro shipping company in international trade and a global logistics partner for the Department of Defense.
Australia Calls for Greater Military Openness from China
Australian Defence Minister Richard Marles on Saturday urged greater transparency from China over its military modernisation and deployments as Pacific nations brace for a more assertive Chinese presence.Speaking to Reuters on the sidelines of the Shangri-La Dialogue defence meeting in Singapore, Marles said that while China remains an important strategic partner to Australia, more open communication…
Trump Cuts Threaten Fishing Safety
By the time Robbie Roberge spotted the fire consuming his boat's galley last August, he knew he had just minutes to evacuate his beloved Three Girls fishing vessel, named for his daughters.As the flames spread up the boat's walls, he helped his crew into safety suits, deployed a life raft and made a mayday call to alert nearby mariners and the U.S. Coast Guard that he was abandoning ship more than 100 miles offshore.Roberge…
Nonprofit Ship Sets Sail for Gaza After Drone Attack
International nonprofit organisation Freedom Flotilla Coalition (FFC) said one of its vessels left the Italian port of Catania on Sunday, heading for Gaza to deliver humanitarian aid, after a previous attempt failed due to a drone attack on a separate ship in the Mediterranean.The crew of volunteers, including climate activist Greta Thunberg and Irish actor Liam Cunningham, set sail on the Madleen…
