China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact ambitious plans for shipbuilding cooperation between Seoul and Washington by disrupting supplies of Chinese equipment and materials, officials in Seoul said on Friday.Beijing announced the sanctions on Tuesday as the U.S. and China began charging additional port fees on each other's vessels, in the latest exchange in a protracted trade war ahead of a planned meeting of the two countries' leaders…
Human trafficking remains one of the most lucrative and devastating crimes in the world, second only to the illicit drug trade. Today, an estimated 50 million people are living in modern slavery.To combat this crisis, Invisible Traffick, a Northern Ireland–based charity…
Fuel-agnostic and suitable for newbuilds and retrofit, Organic Rankine Cycle waste heat recovery systems are making headway as an energy-efficiency measure.Market prospects are looking so good for waste heat recovery systems that Orcan Energy…
Building on the Memorandum of Understanding (MoU) signed between Peninsula and the University of Gibraltar earlier this year, the two organizations have taken their collaboration to the next level with the creation of the Peninsula Maritime Simulation Suite…
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 Chinese commerce ministry…
As maritime industries accelerate toward electrification, the U.S. Coast Guard Research and Development Center (RDC) has issued a warning: lithium-ion batteries—the same technology powering the global shift to hybrid and all-electric vessels—pose a unique and evolving threat when things go wrong…
DASSAI MOON Project, the World's First Test Brewing of Sake in SpaceLaunch of space brewing equipment from Tanegashima on October 21The space brewing equipment jointly developed by Mitsubishi Heavy Industries, Ltd. (MHI) and DASSAI Inc., a sake company based in Iwakuni City…
The International Maritime Organization (IMO) is stepping up efforts to prepare seafarers for shipping’s energy transition, to help ensure personnel are properly trained to work safely on ships using zero or near-zero emission fuels, in line…
Hanwha Group has announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting growth of the U.S. shipbuilding industry through a $150 billion investment fund.The $5 billion program will…
UltraTech Cement Limited, India’s largest cement and ready-mix concrete company, has operationalized a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its integrated cement manufacturing unit, Sewagram Cement Works, located in Gujarat…
As the global shipping industry accelerates toward decarbonization, Bernhard Schulte Shipmanagement (BSM) has unveiled its first methanol bunkering simulator at its Maritime Training Center in Kochi, India. Developed in partnership with Wärtsilä…
The handling of loaded containers in tight spaces has always been a logistical challenge. Now, the Norwegian equipment supplier Wee.no is launching ContainerWheels 2-in-1: A patented system designed to make container transport quicker, safer…
Cavotec has launched PowerAlign – a new modular, mobile shore power solution designed specifically for container terminals.The system offers up to 140 meters of coverage from a single unit, with the option to extend reach by adding additional modules…
Hydrodemolition company Aquajet plans to launch two robots in April: the Aqua Cutter 450A and Aqua Cutter 450V.The new electric 450 series is a more compact, maneuverable design than the Aqua Cutter 750V. The new models incorporate the Evolution 3…
In Q2 2024, Socep SA Romania (Socep) had a new Konecranes drive retrofitted to one non-Konecranes ship-to-shore (STS) crane at itscontainer terminal in Constanta. This upgrade was intended to improve crane performance and lengthen the operational…