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Global News

Cargo Ship Lost in WWI Found During UK Wind Farm Survey

Cargo Ship Lost in WWI Found During UK Wind Farm Survey

Teams working on the geological surveys for a planned floating offshore wind farm to be located off the northeast coast of Scotland are reporting an “added bonus” from their work. They believe they located the wreck of a WWI-era cargo ship in remarkably good condition...

New Concept Ocean Energy Support Vessel to be Built in Spain

New Concept Ocean Energy Support Vessel to be Built in Spain

Norwegian offshore support company Østensjø has ordered a new concept offshore support vessel to be built in Spain at the Astilleros Gondan shipyard. Called an Ocean Energy Support Vessel (OESV), the company reports it is a more versatile design for a broad range of...

Mozambique Leases a Port Terminal to Landlocked Malawi

Mozambique Leases a Port Terminal to Landlocked Malawi

In a rare move, Mozambique is planning to lease part of its northern port of Nacala to neighboring landlocked Malawi. The deal seeks to boost trade ties between the two countries. To formalize the initiative, Mozambican President Filipe Nyusi and his Malawian...

Giant Wind Turbine Installation Vessel Delivered to Cadeler

Giant Wind Turbine Installation Vessel Delivered to Cadeler

Cadeler, which already attests to being the world’s largest operator in offshore wind installation, operations, and maintenance services, took delivery today, August 16, on the first of its new larger installation vessels. It comes just three months after the company...

Gearbox Failure, Pilot Error Caused V-22 Crash off Japan

Gearbox Failure, Pilot Error Caused V-22 Crash off Japan

A disintegrating metal gearbox was responsible for the crash of an Air Force CV-22 Osprey tilt-rotor aircraft off Japan last November, which killed eight servicemembers and prompted a large-scale subsea salvage response, according to the Air Force.  On the...

Philippine Coast Guard Brings Tanker Spill Under Control

Philippine Coast Guard Brings Tanker Spill Under Control

The Philippine Coast Guard and its salvage response partners have been making progress on preventing pollution from the sunken tanker Terra Nova, which went down in rough weather from Typhoon Gaemi on July 25. Terra Nova has an estimated 370,000 gallons of petroleum...

Oil Spill Spreads as Second Tanker Sinks in Manila Bay

Oil Spill Spreads as Second Tanker Sinks in Manila Bay

A second tanker has gone down off the coast of the Bataan Peninsula, threatening even more pollution in the Manila Bay area.  According to the Philippine Coast Guard, the tanker Jason Bradley sank off the municipality of Mariveles - at the bay's entrance - on the...

One Knot at a Time

One Knot at a Time

Seals are important for the role they play in containing pressure and eliminating leakage and contamination. Bearings reduce friction and are key components for transferring motion. When functioning properly, seals and bearings are the furthest thing on the chief...

Barcelona first Med port to have shore power

Barcelona first Med port to have shore power

The Port of Barcelona’s first phase of an offshore power system will enable two ships to be connected simultaneously at Hutchison’s BEST terminal. Marcus Hand | Jul 18, 2024 The first onshore power supply system (OPS) in the Port of Barcelona was opened on...

Container shipping market outlook for H2 2024

Container shipping market outlook for H2 2024

Spot container freight rates have surged to unexpected highs in the first half of 2024 due the Red Sea crisis, what will happen in the remaining months of the year. Marcus Hand | Jul 18, 2024 In a five-part series mid-year we take stock of shipping markets in the...

IMB: Violence Against Crew on the Rise Amidst Drop in Piracy

IMB: Violence Against Crew on the Rise Amidst Drop in Piracy

The safety of crews on merchant ships is increasingly becoming a major concern owing to the rise in violent attacks despite a notable decrease in maritime piracy incidents, according to the latest update from the International Maritime Bureau’s Piracy Reporting...

Local News

Thailand Drafts Law To Speed Up $29 Billion Transport Link

Thailand Drafts Law To Speed Up $29 Billion Transport Link

Mar 22, 2025 (Bloomberg) –Thailand unveiled draft legislation to create a special economic zone in the south of the country that would pave the way for a multibillion-dollar transport project linking the Indian and Pacific Oceans. The bill would establish a commission...

Malaysia’s Aerodyne Group eyes drone production in Uzbekistan

Malaysia’s Aerodyne Group eyes drone production in Uzbekistan

Aerodyne’s CEO, Kamarul Muhamed, recently met with Uzbekistan's ambassador to Malaysia, Karomiddin Gadoev, to discuss potential cooperation. The talks focused on integrating drone technology into Uzbekistan’s agricultural sector. Initially, Aerodyne plans to introduce...

Malaysia emerging as key hub in Asean’s digital future

Malaysia emerging as key hub in Asean’s digital future

Driven by rapid digital adoption and increasing foreign investments, Asean is one of the world’s fastest-growing technology markets. The World Economic Forum projects that the region’s digital economy will grow from US$300 billion to an estimated US$1 trillion over...

SG’s logistics rents fall by 6.2% in H2 2024

SG’s logistics rents fall by 6.2% in H2 2024

Singapore’s logistics rents fell by 6.2% in the second half of the year 2024 (H2 2024) but remained unchanged year-on-year (YoY), according to a Knight Frank report. Despite this, Singapore is amongst the markets expected to see growth in the next 12 months,...

Kale Malaysia Maritime Single Window launched at Port Klang

Kale Malaysia Maritime Single Window launched at Port Klang

Kale Logistics Solutions's Malaysia Maritime Single Window (MMSW) was officially launched by Anthony Loke Siew Fook, Minister of Transport, Malaysia on February 17, 2025 in Kuala Lumpur, Malaysia. The implementation of Kale’s MMSW at Port Klang has meant an immediate...

Economy Ministry expects JS-SEZ blueprint completion by Q3 2025

Economy Ministry expects JS-SEZ blueprint completion by Q3 2025

KUALA LUMPUR, Feb 20 — The much anticipated Johor-Singapore Special Economic Zone (JS-SEZ) blueprint is expected to be completed by the third quarter this year, the Economy Ministry said today. The ministry led by Rafizi Ramli said that funding for the economic zone’s...

‘Heavy vehicle ban drives down logistics industry’

‘Heavy vehicle ban drives down logistics industry’

KUALA LUMPUR: Five trade associations representing around half of Malaysia’s heavy vehicle owners and operators are asking the government to reconsider the restricted hours for heavy vehicles on three major expressways. In a press conference here yesterday, they said...

SG’s logistics rents fall by 6.2% in H2 2024

SG’s logistics rents fall by 6.2% in H2 2024

Singapore’s logistics rents fell by 6.2% in the second half of the year 2024 (H2 2024) but remained unchanged year-on-year (YoY), according to a Knight Frank report. Despite this, Singapore is amongst the markets expected to see growth in the next 12 months,...