A British warship “changed its deployment” and arrived in Japan on Wednesday to join efforts to police U.N. sanctions imposed on North Korea over its nuclear and missile programs. The Royal Navy frigate HMS Sutherland arrived at Yokosuka, the…
British Warship to Help Police North Korean Sanctions Read More »
Cruise ferry M/S Viking Grace has become the world’s first passenger ship equipped with a rotor sail to harness wind power for propulsion. The rotor sail, developed by Finnish engineering company Norsepower Oy Ltd., is a modernized version of…
Rotor Sail Installed Aboard Viking Grace Read More »
Costs to rise from roughly $100 bln today; just 2 pct of global fleet to have scrubbers in 2020. Global shipping fuel costs are likely to rise by a quarter, or $24 billion, in 2020 when new rules limiting sulphur kick in, consultants Wood Mackenzie sai…
Shipping Fuel Costs to Spike 25% on Sulphur Cap Read More »
Huntington Ingalls Industries, the largest shipbuilder for the U.S. government, said new tariffs on steel and aluminum should not impact the price of its own shipbuilding in the near-term, but does not know if tariffs will raise prices for its suppliers.
Huntington Ingalls Says Steel Tariffs Won’t Raise Prices for Now Read More »
The cost of renting offshore supply vessels (OSVs), servicing oil and gas firms, will continue to rise as many ships that were mothballed up during the downturn will not return to the market, the chief executive of Norway’s DOF said on Wednesday.
Norway’s DOF: OSV Market Improving Read More »