Category: Maritime industry

CBO Raises Concerns Over Navy’s 2025 Shipbuilding Plan The Congressional Budget Office (CBO) has recently released a report that questions the viability of the Navy’s ambitious 2025 shipbuilding plan. This plan, which aims to expand the US Navy fleet significantly by 2054, is facing substantial challenges, including cost overruns, procurement delays, and technical issues with…

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Revolutionizing Renewable Energy Exploration with Autonomous Subsea Survey Systems The emergence of autonomous subsea survey systems is transforming the exploration and development of global renewable energy resources. This innovative technology promises increased efficiency, enhanced safety, and reduced environmental impact compared to traditional methods. As recent advancements highlight the potential for faster project timelines, lower costs,…

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The Ship Recycling Industry in 2025: Navigating Complex Dynamics The ship recycling industry in 2025 is experiencing a period of intricate dynamics, with both optimism and uncertainty shaping its trajectory. This crucial segment of the global maritime industry is influenced by significant economic and environmental factors. This article explores the key developments, challenges, and potential…

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Navigating the Future: Competency Standards for Handling Liquid Carbon Dioxide in the Maritime Industry The maritime industry is stepping up its efforts to reduce carbon emissions and contribute to global decarbonization goals. A significant initiative in this direction is the publication of a report by the Global Centre for Maritime Decarbonisation (GCMD), outlining competency standards…

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Introduction The OSIL Buoy project, a pioneering oceanographic data buoy system, is making waves in the Central American Pacific. Specifically deployed in Panama’s Parque Nacional Coiba, this innovative system is playing a pivotal role in studying and conserving marine biodiversity. The buoy serves as a floating laboratory for the Estación Científica Coiba (COIBA AIP), offering…

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A Milestone in Maritime Sustainability: Yangshan Port’s First Methanol Bunkering The maritime industry recently celebrated a significant milestone in its quest for sustainability. On January 1, 2025, the vessel Ane Maersk received 3,000 tons of methanol at Yangshan Port, marking the first methanol bunkering operation at the port. This groundbreaking event underscores the growing importance…

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Russia Declares State of Emergency in Crimea Following Oil Spill A significant oil spill in the Black Sea’s Kerch Strait has prompted Russia to declare a state of emergency in Crimea. The incident, originating from the grounding of two tankers, the Volgoneft 212 and the Volgoneft 239, has resulted in extensive cleanup efforts. While precise…

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The Impact of Looming Port Strikes on Asia-US Container Rates The maritime industry is currently facing a significant challenge as a potential port strike at US Gulf and East Coast ports is causing a surge in Asia-US container shipping rates. According to reports from Independent Commodity Intelligence Services (ICIS), this situation highlights the complex interplay…

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Taiwan Coast Guard Investigates Damaged Undersea Cable Amid Weather Challenges The Taiwan Coast Guard is actively investigating the suspected damage to an undersea communications cable, a critical component of global connectivity. The incident, attributed to a ship registered to Cameroon and Tanzania, occurred northeast of Taiwan. Initial reports indicate the vessel continued its journey to…

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Sri Lankan Ports Achieve Record TEU Handling in 2024: A Comprehensive Analysis In 2024, Sri Lankan ports reached an unprecedented milestone by handling a record 2.41 million Twenty-foot Equivalent Units (TEUs). This remarkable achievement underscores the strategic significance of Sri Lankan ports in regional trade dynamics and economic development. This article delves into the key…

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