Category: Maritime industry
-
A Look Back at Maritime Industry Developments in 1925
Maritime Industry Trends in 1925: A Year of Transformation The maritime industry in 1925 was a complex and dynamic sector, marked by significant technological, economic, and regulatory changes. As the world recovered from the aftermath of World War I, the industry was poised for growth and transformation. In this post, we will delve into the…
-
EXMAR Takes a Step Forward in Expanding Midsize Gas Carrier Fleet with Newbuild Construction
EXMAR Initiates Construction of New Midsize Gas Carrier with LPG Dual-Fuel Engines Belgium-based shipping player EXMAR has revealed the beginning of the construction of its new midsize gas carrier with LPG dual-fuel engines. As disclosed, the steel cutting ceremony for EXMAR’s third midsize gas carrier was held on December 30, 2024, at CIMC Sinopacific shipyard…
-
Owner of Oil Tanker Seized by Finland Seeks Release of Ship
Oil Tanker Seized by Finland: A Complex Maritime Dispute Unfolds The maritime industry is buzzing with news about Finland seizing an oil tanker suspected of damaging an undersea power line and four telecom cables in the Baltic Sea. The vessel’s owner is now seeking its release, an incident with wide-reaching implications for maritime operations and…
-
“A Year of Transformation: Maritime Industry Looks Back on 2024’s Most Significant Shifts”
Transformative Tides: Reflecting on 2024 in the Maritime Industry As the year draws to a close, the maritime industry stands at the forefront of significant change. From shifting trade routes to bold green initiatives and geopolitical turmoil, 2024 has been nothing short of transformative. The past twelve months have seen the industry navigate through unprecedented…
-
PHMSA Releases Comprehensive Guide for Shipping Lithium Batteries by Sea
Advancements in Lithium Battery Shipping: A Maritime Industry Perspective The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) has released a comprehensive guide for lithium battery shipping, addressing growing concerns about maritime transportation of electric vehicles and battery-powered goods. This development is a significant step forward for the maritime industry, as it aims to enhance…
-
Russia Unveils Second Armed Arctic Icebreaker for the Navy
Russia Expands Its Arctic Capabilities with the Launch of a New Armed Icebreaker The Admiralty Shipyards in Saint Petersburg has launched the second armed Arctic icebreaker for Russia’s Navy, marking a significant milestone in the country’s efforts to bolster its presence in the Arctic region. This development is part of a broader strategy aimed at…