Lack of Maintenance Led to Livestock Carrier Engine Failure A livestock carrier’s engine failure in the Port of Fremantle, Australia, earlier this year highlights the need for ship owners and managers to properly manage maintenance, and for marine pilots to follow communication protocols, an ATSB final report notes.On 4 March 2025… https://www.marinelink.com/new....s/lack-maintenance-l
Grounded Fishing Vessel Spills Diesel near Kodiak, Alaska The U.S. Coast Guard is responding to a diesel spill from a grounded fishing vessel in Izhut Bay near Kodiak.The fishing vessel Sea Ern ran aground Monday with three crewmembers aboard.Approximately 3,500 gallons of diesel has been released… https://www.marinelink.com/new....s/grounded-fishing-v
Second-hand Containership Prices Soar in the Face of Soft Shipping Rates Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The average per TEU price… https://www.marinelink.com/new....s/secondhand-contain
Trump Administration Drops Gauntlet on UN Fuel Rules, Threatens Tariffs The United States has told countries to reject a United Nations' marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told Reuters.The Trump administration is looking to boost U.S. https://www.marinelink.com/new....s/trump-administrati
S. Korean to Invest $350B in U.S. Industries, including Shipbuilding South Korea's pledge to invest $350 billion in strategic U.S. industries as part of a trade deal with Washington is likely to be led by state policy institutions that will provide funding on a case-by-case basis, the country's vice finance minister said.Under a trade deal struck in July to cap U.S. https://www.marinelink.com/new....s/s-korean-invest-b-