The crew of a ship carrying around 3,000 vehicles, including 800 electric vehicles, abandoned it off the coast of Alaska after a fire broke out onboard, its operator Zodiac Maritime said on Wednesday.The 22 crew members were safely evacuated from the s…
Burning Car Carrier Abandoned off Alaska Read More »
The impending enforcement of the Hong Kong Convention is bringing some turbulence in the ship recycling market, as compliance is a key factor. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “as the…
Ship Recycling Activity Under the Hong Kong Convention Influence Read More »
New research shows propulsion energy saving devices could deliver up to 10% fuel reduction while fewer than 2% of global fleet currently equipped. Demand for advanced propeller retrofits and energy saving devices (ESDs) has nearly quadrupled since 2020…
Demand for propeller retrofits surge four-fold but adoption remains limited Read More »
Navigating the intricacies of the USTR 301 China Service Fee involves understanding the new regulations and fees imposed by the USTR on various maritime transport services with a Chinese nexus. These measures are part of a broader effort by the US gove…
USTR Notice of Action 301: China’s targeting of maritime, logistics, and shipbuilding Read More »