When Dr. Diana Krawczyk and her team at Greenland’s Institute of Natural Resources needed to research in the waters around Greenland, it found a strong partner in Teledyne Marine’s SeaBat multibeam sonar system.
By Greg Trauthwein
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As efforts to map the world’s seabed gains steam, David Shea, Kraken’s SVP of Engineering, discusses the benefits of using high-speed, high-resolution Interferometric Synthetic Aperture Sonar (InSAS) for hydrographic applications.
By Greg Trauthwein
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Subsea UK is embarking on a new adventure as The Global Underwater Hub, a new organization with already nearly $18 million in funding. ‘The Hub’ aims to leverage the UK’s strong maritime heritage, as well as its underwater expertise that transcends offshore defense and research. Subsea UK has been around nearly 20 years, set up to champion the UK subsea industry. It was fortuitous timing, as that $2.7B CapEx industry in oil and gas grew to more than $12B by 2013. Neil Gordon, Chief Executive at Subsea UK, discusses the path ahead.
By Greg Trauthwein
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Red Sea Bypass Contributed to Containers Lost in 2024
The World Shipping Council (WSC) has released its annual Containers Lost at Sea report, showing that 576 containers were lost at sea in 2024.
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GCMD Demonstrates End-to-End Value Chain for Onboard CCS
The Global Centre for Maritime Decarbonisation successfully completed the world’s first maritime pilot demonstrating the full value chain of onboard captured carbon dioxide (CO2) in China.The pilot encompassed two phases.
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Container Shipping Rates Plunge in Step with U.S. Demand for China Goods
Rates for shipping cargo containers from China to the U.S. have dropped by more than half since earlier this month, as imports rebounded less than expected after the slump that followed President Donald Trump slapping 145% tariffs on China.
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World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai
On June 19, the world’s first ship-to-ship liquified carbon dioxide (LCO₂) transfer was successfully completed at the Yangshan Deep-Water Port in Hangzhou Bay, Shanghai.
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Gulf Shipping Costs Fall After Israel-Iran Ceasefire
Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping and insurance industry sources said on Thursday.
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US Goods Trade Deficit Increased in May, Exports Declined
The U.S. trade deficit in goods increased in May amid a decline in exports, but an ebbing inflow of imports likely positions trade to make a big contribution to gross domestic product in the second quarter.The goods trade gap widened 11.1% to $96.
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Maersk Reopens Cargo Acceptance to Port of Haifa
Danish shipping company Maersk said on Thursday it had reopened cargo acceptance to Israel's Haifa port for imports as of June 25 and that it expected to reopen exports from the location once a lower safety risk had been confirmed.
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Panama Canal Celebrates Nine Years Since Expansion
The Panama Canal Authority celebrates the ninth anniversary of the canal’s expansion on June 26, reporting a rise in both transits and tonnage moved during the first eight months of fiscal year 2025 in comparison to the same period last year.
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Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports
In the presence of H.E. Eng.
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Maersk Files Lawsuit Over Brazil Port Bid
Global shipping groups are looking to Brazil's courts to overturn competition rules that bar them from participating in the first round of bidding on a major new container terminal at Latin America's largest port, due to take place later this year.
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BIMCO: Stable Demand Outlook For Container Shipping
BIMCO forecasts a stable demand outlook for the container shipping sector, aligned with previous reports, despite recent uncertainties in US trade policies.
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