Japan’s NYK has signed a long-term time-charter agreement for a domestically built crew transfer vessel (CTV) with Oga Katagami Akita Offshore Green Energy, a joint venture established by JERA Nex bp Japan, Electric Power Development, Tohoku Electric P…
NYK Inks Long-Term Charter for Japan-Built CTV for Akita Offshore Wind Farm Read More »
Ports across the U.S. are learning a critical lesson: depending solely on government grants or an increasingly unstable electric grid is no longer enough to keep operations running smoothly. There’s a smarter, more cost-effective solution already…
Fueling the Future of Ports: Cost Savings and Resilience as Propane’s Proven Edge Read More »
China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid trade tensions between the world’s two largest economies, sending the company’s shares sharply lower.The move, announced by the Chi…
China Sanctions Five US-Linked Units of South Korea’s Hanwha Ocean Read More »
The United States and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world’s two largest economies.China…
Maritime Fees Spiral Deepens as US, China Trade Blows Read More »
HavocAI, a developer of maritime autonomous systems, has secured $85 million in new capital.The funding comes from new investors B Capital, In-Q-Tel, Lockheed Martin, Hanwha, Taiwania, Vanderbilt University, Up Partners, Island Green Capital…
HavocAI Adds $85 Million in New Capital to Scale Autonomy Capabilities Read More »