Search result for maritime
Next-generation Korean destroyer models are revealed by HD Hyundai Heavy Industries.
The models of a next-generation Korean destroyer and other combat ships in development will be unveiled by HD Hyundai Heavy Industries.
On June 4, HD Hyundai Heavy Industries declared that it will take part in MADEX 2023, the International Maritime Defense Industry Exhibition, which wil...
Singapore-Rotterdam Corridor
In order to encourage low and zero carbon shipping, the Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam Authority have signed a Memorandum of Understanding (MoU) to build the world's longest Green and Digital Corridor. This will be achieved by the construction...
Ammonia-fueled ships, Singapore's MPA partners
On June 7, Singapore's Maritime and Port Authority (MPA) announced a first agreement with multiple industry partners to design ammonia dual-fuel gas tankers.
The MPA is part of a consortium that includes the Singapore-based shipping company Eastern Pacific Shipping (EPS), the South ...
Discounts on tonnage taxes for green ships flying the Singapore flag
The Maritime & Port Authority of Singapore (MPA) provides three categories of savings on initial registration costs and tonnage tax dependent on how many ships may exceed the International Maritime Organization's emission reduction targets in a circular outlining adjustment to the Green S...
Europe has the potential to be a worldwide leader in maritime decarbonisation
As part of the "Fit for 55" legislation package, the European Commission proposed several measures to reduce shipping emissions. However, if Europe is to reach zero-emission shipping, these measures must be immediately enhanced, write leaders of the Getting to Zero Coalition.
...
Ex-minister warns of penalties on oil traders with ties to Russia
In October of last year, Vitol revealed that it had headed a consortium that had acquired a 5% share in Vostok Oil, together with Singapore-based oil trader Mercantile & Maritime.
Vitol stated: "Vitol is outraged and grieved by the unjustified loss of human life and the sufferi...
AUSTRALIA: MARITIME RESCUE NEW SOUTH WALES IMPLEMENTS NEW TECHNOLOGY FOR EMERGENCY RESPONSE
Highlights:
- The Marine Rescue New South Wales (NSW) of Australia is going to implement technology for the emergency response
- The Marine Rescue organization is going to upgrade its control center technology to Frequentis integrated maritime control cen...
JAPAN GOVT. TO BOOST ITS SDF CAPABILITIES IN OUTER SPACE
Highlights –
- Japan govt. to boost its SDF capabilities in outer space.
- In March an 80-member electronic warfare unit was launched at a Ground Self-Defense Force.
- The electronic warfare unit detects and analyzes naval and airborne comm...
CHINA TO STREGTHEN ITS MARITIME SAFETY AUTHORITIES OVER RISING TENSIONS
Highlights –
- China to strengthen its maritime safety authorities over rising tensions.
- Fear engulfs the Asian nation and other countries, including Japan.
- The new legislation will allow China to order foreign vessels to leave what it ...
CHINA'S MARITIME MILITIA VESSELS IN SOUTH CHINA SEA, A MATTER OF CONCERN FOR US & PHILIPPINES
Highlights
• The United States and the Philippines have raised concerns over the presence of maritime militia vessels of China near the Whitsun Reef in the disputed South China Sea
• The US National Security Advisor Jake Sullivan and his Philippine counterpart, Hermo...
MIKE POMPEO UNRGED TURKEY AND GREECE TO PURSUE TALKS ON THEIR MARITIME DISPUTES
Highlights:
- Mike Pompeo, who is the Secretary of State of United States have urged Greece and Turkey to pursue with the talks over the maritime dispute
- Mike Pompeo said that, they are hoping that these talks can continue further in a serious way ...
GREECE-ITALY AGREEMENT AND GREECE-EGYPT AGREEMENT TABLED IN PARLIAMENT
HIGHLIGHTS
- Greece and Italy have signed an agreement regarding the delimitation of their maritime zones.
- With Egypt, Greece has signed an agreement to demark the Exclusive Economic Zone between the two countries.
Two agreements have ...
POMPEO: QUAD, ASEAN COUNTRIES AGREE THAT CHINA MUST RESOLVE ITS SOUTH CHINA SEA ISSUE
Highlights:
• Global alienation of China begins
• International Maritime law is being emphasized as for resolving the South China Sea
As the US continues to push for t...
JAPAN AND CHINA TO WORK TOGETHER TOWARDS RESUMING TRAVEL
Highlights –
- Japan and China to work together towards resuming travel.
- Toshimitsu Motegi had an 80-minute long call with Chinese counterpart Wang Yi.
- Japan currently has banned 146 countries and regions to enter the country; COVID-19...
Europe building the first maritime robot testing center for offshore wind
It is building the first maritime robot testing center for offshore wind in Europe in real time.
The European Atlantis Center will be in Viana do Castelo and will require a EUR 8.5 million investment. It is managed by INESC TEC, and has as its main partner EDP (NEW-Center for New Energy...
S.Korea's SK Chemicals explores biodiesel use in shipping fuel for IMO 2020
South Korea’s leading biofuel maker, SK Chemicals has announced to start tests on blending biodiesel with petroleum based fuels in order to create low-sulphur marine oil which will comply with the new green shipping fuel rules.
Furthermore, the company is aiming to foster its biof...
Owners cautioned that price increases and resource limitations would be required
Offshore vessel owners will find it harder to access shipyard space by 2020 to perform substantial repair and maintenance work on their property. They will compete with an increasing need for capacity from commercial shipping, as repair yards fill up with vessels worldwide in desperate need of ba...
Oil Tanker Stocks: Will they ever return?
The rise in tanker inventories in the fall looks like a boom-and-business cycle in which unsuspecting investors may keep the sack if they don't care. Nevertheless, the demand is also growing significantly, leading to higher energy stocks that could be favorable to the sector in the long term....
FTA partners with IMO to demonstrate maritime collision risks and reimbursement
H.E. Regional Workshop on Civil Liability and Payment Maritime Agreements' was chaired by H.E. Dr. Abdullah Belhaif Al Nuaimi, UAE Minister of Infrastructure Development and Chairman of the Federal Transport Authority Land & Maritime (FTA), hosted by the FTA in collaboration with the Inte...
Ideal Platform for Local, Global Industry: Saudi Maritime Congress
The third Saudi Maritime Congress, scheduled to be command in March 22 to 23, 2020 in Dammam, Saudi Arabia, can give a perfect platform for native and world trade leaders and authorities to look at the prospects for development and investment within the Kingdom’s maritime and supplying sect...