Category: Maritime industry

Introduction The U.S. Navy has recently announced the naming of its newest class of ocean surveillance ships, the Explorer class. The first two vessels, USNS Don Walsh (T-AGOS 25) and USNS Victor Vescovo (T-AGOS 26), will lead a planned fleet of seven new surveillance vessels. This fleet is set to significantly enhance the Navy’s maritime…

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Disabled Tanker ‘Eventin’ Secured in Baltic Sea: A Maritime Emergency Response On January 10, 2025, a maritime emergency unfolded in the Baltic Sea, north of Rügen, Germany, when the Panama-flagged tanker ‘Eventin’ lost maneuverability and went adrift. The incident posed a significant threat to the environment and navigation in the region. This article provides an…

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DP World Achieves Historic Milestone: 100 Million TEUs of Container Handling Capacity In a significant achievement, DP World, a leading UAE-based global logistics company, has surpassed 100 million TEUs (Twenty-Foot Equivalent Units) of container handling capacity across its worldwide operations. This milestone marks a major accomplishment in the company’s 45-year history, solidifying its position as…

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Oil Tankers Back Up Near Yemeni Port After Israeli Air Raids The maritime industry is facing another challenge in the Red Sea, as a large flotilla of merchant vessels has backed up near Yemen’s Ras Isa port. The congestion is a result of Israeli air raids that damaged the tugboats needed to bring the vessels…

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Enhancing Maritime Safety: Port of Vancouver’s New Navigation Aids and Infrastructure Projects The Port of Vancouver, one of the busiest ports in North America, is taking significant steps to enhance maritime safety and efficiency. With a focus on increasing capacity, improving navigation, and reducing environmental impact, the port authority is investing in new infrastructure projects,…

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SOUNION Salvaged: Complex Operation Prevents Major Environmental Disaster in Red Sea In a monumental effort to prevent an environmental catastrophe, the MT SOUNION, a Greek-owned oil tanker, has been successfully salvaged after being severely damaged by Houthi militants in the Red Sea. The operation, which involved multiple governments, international agencies, and naval operations, marks a…

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A recent incident in the Baltic Sea has raised significant concerns about maritime safety and security. An alleged Russian oil tanker, believed to be carrying crude oil, was reported drifting north of the German island of Rügen. This event has sparked discussions about the presence of “shadow tankers” in the region, suspected of being part…

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Germany’s Costly LNG Terminals: A Maritime Industry Perspective In a bid to ensure energy security, Germany invested heavily in liquefied natural gas (LNG) terminals. However, the high operating costs of these terminals have resulted in a meager 8% of the country’s total gas imports coming via its shipping terminals in 2023. This underutilization has significant…

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Global Trade Volumes Set to Increase by 3.2% in 2025: What This Means for the Maritime Industry The International Monetary Fund (IMF) has projected a 3.2% increase in global trade volumes for 2025, driven by easing geopolitical tensions, expanding e-commerce, and growing consumer demand in emerging markets. This growth is expected to have a significant…

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