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IMO Secretary-General Arsenio Dominguez emphasized the global shipping industry's need for significant investment in technology and alternative fuels to achieve a net-zero transformation and drive sector-wide change at the Blue Economy Finance Forum in Monaco…
https://www.marinelink.com/news/imo-global-shipping-industry-gearing-526640
https://www.marinelink.com/news/imo-global-shipping-industry-gearing-526640Canada's Liberal government will pour extra billions into its armed forces and hit NATO's 2% military spending target this fiscal year, five years earlier than promised, Prime Minister Mark Carney said on Monday.Canada has been under pressure…
https://www.marinelink.com/news/canada-increase-defense-spend-hitting-526641
https://www.marinelink.com/news/canada-increase-defense-spend-hitting-526641U.S. seaborne imports of goods from China dropped 28.5% year-over-year in May, the sharpest decline since the pandemic, as President Donald Trump's 145% tariffs took hold, supply chain technology provider Descartes said on Monday.China is the top U.S.
https://www.marinelink.com/news/us-container-imports-decline-may-china-526642
https://www.marinelink.com/news/us-container-imports-decline-may-china-526642Flex-lay specialist Maritime Developments Ltd (MDL) has appointed David Hunt to the Board, into the newly created role of Technical Director.David brings with him over 20 years of offshore project delivery leadership across global Contractor and Operator roles…
https://www.marinelink.com/news/mdl-adds-technical-director-board-526645
https://www.marinelink.com/news/mdl-adds-technical-director-board-526645Lloyd’s Register (LR) and China Cruise Limited (China Cruises) have signed a strategic cooperation framework agreement to collaborate on key areas including cruise safety, technology R&D, green transition, and digitalization. Following its full classification services for Adora Magic City…
https://www.marinelink.com/news/lr-china-cruises-sign-cooperation-526646
https://www.marinelink.com/news/lr-china-cruises-sign-cooperation-526646The Maritime and Port Authority of Singapore (MPA) has been notified by the Indian authorities that 18 crew were safely transferred from lifeboats to an Indian Navy ship, which is en route to New Mangalore Port.Four crew—two from Taiwan, one from Myanmar, and one from Indonesia—remain missing.
https://www.marinelink.com/news/update-wan-hai-container-ship-fire-526647
https://www.marinelink.com/news/update-wan-hai-container-ship-fire-526647The Canadian province of Nova Scotia has proposed a major offshore wind project with the end goal of constructing enough turbines to generate 40GW of electricity over the next decade. The premier of Nova Scotia, Tim Houston, outlined the plan, which would, if executed, cover around 27% of Canada’s current electricity demand. Houston hopes that …
https://splash247.com/nova-scotia-premier-pitches-40gw-offshore-wind-energy-plan/
https://splash247.com/nova-scotia-premier-pitches-40gw-offshore-wind-energy-plan/Chicago-based private equity firm GTCR has formed a partnership with well-known shipping investment consultant Manish Singh, understood to be worth hundreds of millions of dollars, to acquire maritime tech companies. Singh will serve as CEO of the newly formed Maris Investments, and has also made an investment alongside GTCR. Singh, a former seafarer, was previously …
A fire and explosion aboard the Singapore-flagged containership Wan Hai 503 have left four crew members missing off the southwest coast of India. The incident occurred on Monday around 12.30 hrs Singapore time, some 80 km southwest of Azhikkal, Kerala. The 4,333 teu vessel, operated by Wan Hai Lines, had 22 crew members onboard at …
https://splash247.com/four-missing-in-van-hai-boxship-blaze-off-india/
https://splash247.com/four-missing-in-van-hai-boxship-blaze-off-india/Russian President Vladimir Putin has approved a new naval strategy which aims to fully restore Russia's position as one of the world's leading maritime powers, Kremlin aide Nikolai Patrushev said in an interview published on Monday.Russia has…
https://www.marinelink.com/news/putin-prioritizes-russian-navy-rebuild-526620
https://www.marinelink.com/news/putin-prioritizes-russian-navy-rebuild-526620