Testy Times for Ship Recyclers
Sub-continent recycling markets have been on a negative spiral of late, especially ahead of the quieter monsoon season, reports cash buyer GMS.“Pakistani and Bangladeshi recyclers need to speed up their readiness and ensure yard compliance with the Hong Kong Convention by June 26th. While nearly all Indian yards are certified, the focus shifts to neighboring Pakistan and Bangladesh to get their facilities…
NGOs Call on EU To Strengthen Clean Maritime Policy
The SASHA Coalition, together with six other NGOs and industry alliances, together representing 82 clean maritime and green hydrogen industry stakeholders, has written a letter to the European Commission and European Union Presidency urging it to strengthen clean shipping policy in the wake of what they say are disappointing regulations agreed last month at MEPC 83.It says the IMO agreement fails to…
CTV Converted to Biomethanol Power
Northern Offshore Services (N-O-S), a subsidiary of Northern Offshore Group (NOG), an NYK Group company that operates crew transfer vessels in the global offshore wind industry, has upgraded a crew transfer vessel (CTV) to run on biomethanol.Designed and developed by N-O-S, the vessel has been named Transporter. It is a conversion of a smaller A-class CTV to install a methanol engine.N-O-S plans to use only biomethanol as fuel…
Maersk Reports First Quarter Drop in Revenue Growth
For the first quarter of 2025 A.P. Moller - Maersk A/S (Maersk) reports revenue growth of 7.8% to $13.3 billion with EBIT increasing to $1.3 billion from $177 million a year ago.The company states that these results, while sequentially down as expected, represent a good start to the year and were driven by solid profitability in Ocean, operational improvements in Logistics & Services and higher volumes in Terminals.For the full year 2025…
Container Shipping Companies Cut Asia-US Services
Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump's punishing tariffs on the world's top exporting country collapse trade, maritime consultants said.The ships on those routes have the combined capacity to deliver 25,682 40-foot containers stuffed with toys, tennis shoes, car parts and things U.S. manufacturers use to produce goods each week - or more than 1.3 million 40-foot containers a year…
Diver Killed During Salvage of Bayesian
Work to recover the late British tech tycoon Mike Lynch's sunken superyacht off the coast of northern Sicily has been paused following the death of a diver involved in the operations, the company leading the effort said on Saturday.The 56-metre-long (184-foot) Bayesian was moored off the small port of Porticello, near Palermo, in August last year when it was likely hit by a downburst, a very strong downward wind…
Israel Attacks Yemen’s Hodeidah Port
Israel attacked Hodeidah in Yemen after the Israeli army said it had warned residents of three ports under Houthi control to evacuate, the Houthi interior ministry said on Sunday.The strikes came shortly after Israel warned residents of Ras Isa, Hodeidah and Salif to leave, saying the ports were being used by the Iranian-backed Houthis.But the head of the Houthi-run state news agency Saba, Nasruddin Amer…
