Trump’s 350-Ship Navy Could Cost $25 Billion Per Year
The U.S. Navy is looking at an average annual cost of nearly $21 billion to reach its goal of 308 battle force ships, about one-third more than amount of
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
The U.S. Navy is looking at an average annual cost of nearly $21 billion to reach its goal of 308 battle force ships, about one-third more than amount of
By J. Michael Cavanaugh and Eric Lee (Holland & Knight) – Once he assumes office on Jan. 20, 2017, President-Elect Donald Trump will be responsible
Melting polar icecaps have allowed the Hansa Heavy Lift vessel HHL Valparaiso to successfully transport two ship-to-shore cranes via the Northern Sea Route.
Norwegian shipping company Farstad Shipping announced Thursday a planned restructuring deal with Siem has been ended by its creditors, calling into
A natural buffer zone of wind shear and cooler ocean temps has been found to form along the U.S. East Coast during periods of greater Atlantic hurricane
For the first time in nearly two decades Japanese shipbuilders have overtaken rivals in South Korea in terms of newbuild order backlog, industry data shows.
By Emmanuel Jarry PARIS, Jan 4 (Reuters) – A leading French minister expressed support on Wednesday for a bid by Italy’s Fincantieri’s for
A search team has located the wrecks of two Maersk Supply Service vessels which sank during a tow to a Turkish scrapyard late last month. The vessels are
SINGAPORE, Jan 4 (Reuters) – Nearly 300 tonnes of oil spilled into the narrow strait separating Singapore and Malaysia after a collision between two
Another great heavy seas video posted by Bigwavemaster1, who works on an Emergency Response & Rescue Vessel providing support to offshore oil platforms in
By Kyunghee Park (Bloomberg) — Hanjin Shipping Co. shares surged by their daily limit of 30 percent in Seoul after a local media report that the sale of
By Kyunghee Park (Bloomberg) — Swim or sink: That’s the message shipping executives in Asia are taking into the new year. Faced with a prolonged trade
Check out this video posted to Facebook showing a New Year’s Eve incident in Australia involving an SUV that rolled right off the ramp of
By Joyce Lee and Emmanuel Jarry SEOUL/PARIS, Jan 3 (Reuters) – A South Korean court approved Italy’s Fincantieri on Tuesday as the preferred bidder
By David Lawder WASHINGTON, Jan 3 (Reuters) – U.S. President-elect Donald Trump on Tuesday named Robert Lighthizer, an official in the Reagan
Congratulations, you’ve (almost) made it to 2017! As 2016 comes to end, we’re taking a look back at some of the top maritime stories making
The port of Antwerp says it expects to close 2016 a record volume of more than 214 million tonnes of freight handled helped by growing contain volume and
BEIJING, Dec 29 (Reuters) – If people want to come and look at China’s first aircraft carrier, they are very welcome, the defence ministry said on
MILAN/SEOUL, Dec 27 (Reuters) – Italian shipbuilding and construction group Fincantieri SpA is the only bidder for shipping group STX France, a source
By Andrew Osborn MOSCOW, Dec 26 (Reuters) – Russia expanded its search on Monday for the remains of a military plane that crashed into the Black Sea,
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