President Muhammadu Buhari, will on Thursday, June 10, in Lagos perform the official launch of the assets under the Integrated National Security and Waterways Protection Infrastructure, also known as the Deep Blue Project. Preparatory to the launch, the Maritime Security Unit (MSU) of the Deep Blue Project, comprising personnel from the Nigerian Navy, Nigerian Army,…
Read MoreThe U.S. government is set to release its first official estimate of the value of the nation’s marine economy, also known as the “blue economy.” NOAA and the Commerce Department’s Bureau of Economic Analysis (BEA) are set to unveil the findings next Tuesday. For the statistics, experts considered ten sectors representing businesses dependent on the…
Read MoreAn MSC containership has become the latest giant boxship to lose containers overboard in the Pacific Ocean. Cargo casualty firm WK Webster reports that the MSC Aries lost about 41 containers overboard as it sailed from Long Beach, California to China on January 29. MSC has since confirmed the incident and informs that the containers…
Read MoreGerman liner shipping company Hapag-Lloyd has placed an order for six Ultra Large Container Vessels at South Korea’s Daewoo Shipbuilding & Marine Engineering. The vessels will have capacity of more than 23,500 TEU with dual fuel engines that can operate on LNG fuel. “With the investment in six ultra large container vessels we will not…
Read MoreJapan-based shipping line Ocean Network Express has announced plans for the long-term charter of the world’s largest containerships. The company has signed a Letter of Intent with shipowner Shoei Kisen Kaisha to charter six Ultra Large Container Ships newbuilds with capacity of more than 24,000 TEU, each for a period of 15 years. The newbuildings…
Read MoreRussia plans to build a metals plant in the Far East at an estimated cost of $2.2 billion and supply steel sheet to the Zvezda shipbuilding yard as part of a push to develop the Arctic, Rosneft CEO Igor Sechin said on Wednesday. The head of the oil producer said during a televised meeting with…
Read Moreby Joe Brock (Reuters) – The amount of plastic waste flowing into the ocean and killing marine life could triple in the next 20 years, unless companies and governments can drastically reduce plastic production, a new study published on Thursday said. Single-use plastic consumption has increased during the coronavirus pandemic, according to the International Solid…
Read MoreThe Arctic Ocean is surrounded by the continents of the Circumpolar North; it is the shallowest of the World’s oceans, with an average depth of just over 1000 m and a maximum depth of about 5000 m. It has extensive shelf seas along the coastlines – particularly north of Eurasia – which play a key…
Read MoreAMERICA BLUE ECONOMY The United States’ marine economy contributed about $373 billion to the nation’s gross domestic product in 2018 and grew faster than the nation’s economy as a whole, according to new statistics released recently by two U.S. Department of Commerce agencies. The Bureau of Economic Analysis (BEA) partnered with the…
Read MoreThe 24,000 TEU-class HMM Algeciras arrived in Rotterdam june 3rd 2020 setting a new record as the largest ship to enter a European port. The ship arrived at Rotterdam’s Amaliahaven to transfer containers at the Rotterdam world Gateway (RWG) terminal after traveling from the Chinese port of Yantian on its maiden voyage. The HMM Algeciras…
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