Category: News Content Hub

Video: fire from ‘likely drone attack’ sinks LNG carrier in Mediterranean; Russia blames Ukraine All 30 crew members from an LNG carrier transiting the Mediterranean have been rescued after the ship caught fire and sank between Libya and Malta Jamey Go to rivieramm

Trump directs US government to sell maritime insurance, escort vessels through Strait of Hormuz ‘if necessary’ “I have ordered the United States Development Finance Corporation to provide, at a very reasonable price, political risk insurance and guarantees,” a statement on Mr Trump’s account on the social media platform he owns said Jamey Go to rivieramm

After challenging 2025, Fugro anticipates recovery in key markets Company says its focus on cost reduction, remote operations and digitalisation means it is well-placed for a better 2026 David Go to rivieramm

Rapid response prevented blowout becoming an explosion on Equinor drilling rig Automatic gas detection triggered Deepsea Bollsta’s safety systems, and potential ignition sources were disconnected Martyn Go to rivieramm

Iranian military declares Strait of Hormuz closed, vows to set ships trying to pass ‘ablaze’ Iranian state media outlets have reported an IRGC statement that the Strait of Hormuz “has been closed”, with threats of attack to any vessel attempting to sail through it Jamey Go to rivieramm

Hormuz closure scenario predicts LNG price pushing past US$100/MWh ICIS model tested a 90-day Hormuz blockade, removing contracted Qatari LNG to Europe and lifting TTF front-month levels Craig Go to rivieramm

Video: EU forces board and seize ‘Russian shadow fleet’ oil tanker Belgian forces, escorted by French naval helicopters, boarded and interdicted a sanctioned oil tanker in EU waters, moving it to Zeebrugge for seizure Jamey Go to rivieramm

Crew casualties grow as commercial vessels take fire in escalating US-Israeli and Iranian conflict One death and at least four crew have been reported injured, with the United Kingdom Maritime Trade Operations reporting multiple attacks on commercial vessels in the Middle East Gulf Jamey Go to rivieramm

Energos opens door for FSRU charters in 2027-2028 US-headquartered LNG service provider offers market a variety of potential charter options for FSRUs by the end of 2028 Jamey Go to rivieramm

Cheniere adds charters, NYK-Ocean Yield JV pick up LNG carrier options US’s largest LNG exporter extends charter deal amid continued expansion at Corpus Christi liquefaction plant, with similar plans in the works at its Sabine Pass facility Jamey Go to rivieramm

‘A paradigm shift in marine technology’: nuclear-ready, diesel-electric hybrid propulsion Australian ship designer hails approval in principle for micro modular nuclear reactor-based propulsion, as class society says ’wider adoption’ expected in early 2030s Jamey Go to rivieramm

Qataris hand out critical US$1Bn contract for North Field West LNG extraction The first LNG cargo from the NFW project is expected to be produced by the end of 2031 Riviera Go to rivieramm

US seizes 10th tanker, VLCC Bertha, in Indian Ocean American military forces have seized a VLCC tanker that has been listed in US sanctions since December 2024 Jamey Go to rivieramm

Shell inks LNG supply deals in US capital, for European facilities In deals signed at the White House, Shell LNG established trading partnerships with Switzerland’s MET Group and Greece’s Metlen Energy & Metals Jamey Go to rivieramm

UK sanctions combined 50 tankers and LNG carriers on fourth anniversary of Ukraine invasion UK announces 300 new sanctions targeting Russian energy revenues “four years on from Putin’s barbaric full-scale invasion of Ukraine” Riviera Go to rivieramm

Eni JV agrees ‘significant’ contract for Mozambique FLNG project Eni’s Mozambique Rovuma joint venture that runs the offshore Coral North FLNG project continues steps to develop project greenlit in October 2025 Riviera Go to rivieramm

GTT: 2025’s LNG FIDs will require 150 new LNG carriers France’s LNG tank developer Gaztransport & Technigaz says the final investment decisions it is aware of are ’solid and firm’ Jamey Go to rivieramm

GTT says 2025’s LNG FIDs will require 150 new LNG carriers France’s LNG tank developer Gaztransport & Technigaz says the final investment decisions it is aware of are ’solid and firm’ Jamey Go to rivieramm

NZF: shipping institutions stress need for continued climate-alignment efforts While short-term priorities constantly change, understanding environmental impacts and future risks remains strategically important for the long-term success of the entire shipping sector, says new chair of Poseidon Principles Jamey Go to rivieramm

Efficiency and risk, more than cost, top concerns in charterers’ vessel decisions Charterers say they are prepared to pay more for the ’right’ offshore support vessels as availability tightens across offshore markets  Jamey Go to rivieramm

Passenger vessel fire off Singapore claims crew member’s life A deadly fire on board passenger ship World Legacy has been extinguished and passengers have been evacuated Riviera Go to rivieramm

Westwood: Transocean-Valaris merger ‘shakes up’ offshore drilling industry Could the recent US$5.8Bn acquisition of Valaris by Transocean kick off another round of rig-owner consolidation? Westwood Global Energy’s Americas research director, Cinnamon Edralin, examines the impact of the deal Cinnamon Go to rivieramm

Engineroom fire kills two, injures one on Singapore-flagged bulker ’Heroic’ work contained a deadly fire that broke out on board a Singapore-flagged bulk carrier off the coast of China, according to the shipmanager Jamey Go to rivieramm

Atlantic firmness lifts spot LNG carrier rates but weakness to follow Atlantic enquiries lifted LNG spot sentiment above US$20,000 per day as March laycans tightened. East of Suez stayed flat and recycling markets remained quiet Craig Go to rivieramm

Tekmar adds to healthy orderbook with European CPS contract UK-based CPS specialist buoyed by recent developments in the offshore wind market David Go to rivieramm

US seizes ninth tanker after chase from Venezuela to Indian Ocean American military forces have seized a VLCC tanker that has been listed in US sanctions since December 2024 Jamey Go to rivieramm

Harbour Energy enters US offshore market, finalises US$3.2Bn acquisition of LLOG UK-headquartered independent oil and gas company Harbour Energy adds US Gulf business to operational units in Norway, UK, Argentina and Mexico Jamey Go to rivieramm

Fuel foul: off-spec marine fuel incidents on the rise Classification society report shows a ’sharp rise’ in fuel quality failures across major ports, including Singapore, Rotterdam, Antwerp, Hong Kong and others Jamey Go to rivieramm

As UK ETS for maritime passes in Commons, UK Chamber of Shipping pushes back Projected for start-up in mid-2026, a draft version of the UK’s Emissions Trading Scheme for maritime was passed by the Parliament’s House of Commons, and some UK shipping interests have raised ’serious concerns’ Jamey Go to rivieramm

GustoMSC NG-16000X design selected for Hanwha installation vessel Newbuild is being built for Hanwha’s associate, Ocean Wind Power 1 Ltd David Go to rivieramm

US seizes eighth tanker after chase from Caribbean to Indian Ocean American military forces have seized a Suezmax tanker that Tanker Trackers linked to a ’zombie alias’ called Cape Balder Jamey Go to rivieramm

Keyfield inks US$18M deal for DP2-class AHTS newbuild Malaysian offshore vessel owner looks to increase AHTS capacity with newbuild, particularly in the Middle East John Go to rivieramm

Transocean commits US$5.8Bn to acquire rival Valaris The all-stock purchase joins two of the top 10 offshore drilling rig owners and would position the combined fleet at the top of the ranks of offshore drillers Jamey Go to rivieramm

Chemical tanker market outlook: from policy shocks to supply/demand dynamics Geopolitics will continue to influence trade, but market fundamentals will grow in influence in 2026 Craig Go to rivieramm

Design rethink, smarter equipment and retrofits reshape OSV outlook Improving endurance, integrating systems and finding practical vessel upgrade options are driving how offshore support vessels are designed, equipped and modernised Jamey Go to rivieramm

Esvagt’s Korean joint venture secures first CTV contracts Esvagt/KMC Line JV will provide two CTVs for the Shinan-Ui offshore windfarm David Go to rivieramm

Alternative fuels: practical considerations and horizons for use in OSV engines Despite some convergence around methanol and ethanol, owners are advised to look at options that best match real-world operating profiles Jamey Go to rivieramm

Wärtsilä plans expansion as operations and cash flow hit all-time high in 2025 The Finnish engine designer, manufacturer and technology developer cited a global increase in demand for energy and marine in plans to expand its production capacity in Finland by 35% Riviera Go to rivieramm

UK Prime Minister highlights Anemoi Marine Technologies Ltd. as a global leader in maritime decarbonisation during China visit Anemoi Marine Technologies an engineering innovator in wind-assisted propulsion for shipping is being highlighted as an example of British excellence in maritime decarbonisation. John Snyder Go to rivieramm

Maritime membrane nitrogen systems first to be class-approved for cyber security Air Products Membrane Solutions becomes the first company to receive cyber-security certification from IACS for its maritime nitrogen systems Riviera Go to rivieramm

IMB recorded 137 piracy incidents in 2025 IMB recorded 137 incidents in 2025, with 88 seafarers affected; Singapore Straits cases rose sharply and gun reports increased Craig Go to rivieramm

Decommissioning boost for subsea vessel market  Infrastructure removal projects will provide work in the North Sea, Brazil and Australia Martyn Go to rivieramm

NZF delay: MEPC adjournment opens seven pathways MEPC options: fix the package; drop pricing; reset talks; court the US; manage EU fractures; or see climate clubs and trade conflict deepen Craig Go to rivieramm

Tackling the challenges of cold-climate maritime response Salvors must overcome environmental and technological challenges when removing wrecks and salvaging ships in the Arctic Martyn Go to rivieramm

Northern Lights to add four LCO2 carriers in charters with K Line, MISC and MOL In contracts set to double its current fleet, the North Sea carbon transport and sequestration joint venture has also lined up charterers for its next generation of vessels Jamey Go to rivieramm

Total to restart Mozambique LNG project beset by delays and regional violence A US$20Bn land-based project to extract and process natural gas, Mozambique’s first such project, was halted in 2021 as an ongoing Islamist insurgency in Cabo Delgado made progress untenable Jamey Go to rivieramm

Samsung Heavy joins US, South Korean companies on ammonia-to-power project Joint project with suppliers Amogy and Vinssen sets out to develop 1MW-class ammonia-to-power system for future low- and zero-carbon vessels Jamey Go to rivieramm

US Gulf Coast deal aims to build fleet of Jones Act LNG bunker vessels Galveston LNG Bunker Port joint venture enters partnership with shipbuilding service provider TOTE in bid to develop, build and operate LNG bunkering vessels Riviera Go to rivieramm

Noble lands US$1.3Bn in new floater work, led by Norway harsh environment deal Nine rigs are covered by the latest awards, with the headline deal being a three-year contract for harsh-environment semisub Noble GreatWhite with Aker BP Riviera Go to rivieramm

Eni secures loan for Coral North FLNG project off Mozambique Second FLNG-based gas production project for the Italian oil major in Mozambique is set to be completed in 2028 Riviera Go to rivieramm

Stolt-Nielsen in talks to sell 50% stake in Avenir LNG Small-scale LNG bunkering outfit Avenir LNG has become the subject of a possible equity shift for Stolt-Nielsen’s chemical and product tanker-dominant business Jamey Go to rivieramm

Finland, Baltic States and EU look to protect subsea infrastructure with maritime surveillance centre News of the joint effort comes after the EU Commission said it is ’prepared to counter hybrid threats’ and is ’closely monitoring the most recent cable damage incident’  Jamey Go to rivieramm

K Line bulker capsizes, four missing, two confirmed dead Singapore’s MPA said 17 of 21 crew members have been recovered, with two deceased; China and Philippine Coast Guards are undertaking search and rescue operations Jamey Go to rivieramm

Blackstone reportedly eyeing sale of Beacon Offshore Energy The sale price target is rumoured to be around US$5Bn, with the US-based offshore oil and gas drillers, who have just begun production at a find in the US Gulf, eyeing a potential IPO Jamey Go to rivieramm

Drones make light work of blade inspection on offshore wind turbines Contact-free, real-time inspections on operational wind turbines made possible using specialised algorithms and AI David Go to rivieramm

US seizes seventh sanctioned tanker off Venezuela American military forces have seized an Aframax that Tanker Trackers said had exported fuel from Venezuela in August 2025 under a ’zombie alias’ Jamey Go to rivieramm

CMA CGM reverses course on some Suez services An early mover in container shipping’s slow return to the Suez Canal, CMA CGM hinted at geopolitical issues in rerouteing some services around Africa Jamey Go to rivieramm

Chevron reports first oil at new platform offshore Angola Oil major says it delivered first oil from its South N’dola platform in Angola’s Block 0 in December Jamey Go to rivieramm

Maersk moves first dedicated service route back to Suez Canal Danish container shipping giant said its Middle East to US East Coast service is returning to the Suez Canal for the first time since Houthi attacks forced nearly all container lines to reroute in late 2023 Jamey Go to rivieramm

Video: US seizes sixth tanker, with links to Russia, off Venezuela US forces have commandeered another tanker, days after reports that the Tump administration is filing dozens of requests for tanker seizure warrants in US courts Jamey Go to rivieramm

Vineyard Wind joins legal fray, seeks temporary restraining order against Trump’s stop-work order Like the other developers affected, Vineyard Wind believes the stop-work order is illegal and could seriously harm its project David Go to rivieramm

US asking federal courts for warrants to seize tankers in forfeiture claims The Trump administration is filing confidential petitions asking US courts to grant warrants for the seizure of tankers deemed ’subject to forfeiture’ to the US Jamey Go to rivieramm

First batch of TPs for Inch Cape offshore windfarm arrive in UK Transition pieces were fabricated in China by CWHI David Go to rivieramm

Trump claims new 25% US tariffs on ‘any country doing business with Iran’ The US President claimed on the social media platform he owns that the tariffs are ’effective immediately,’ without providing details Jamey Go to rivieramm

Crude oil tanker leaders confident winter strength will continue in 2026 Executives from Frontline, DHT, Teekay and TEN cited six-figure VLCC rates, sanctions dynamics and limited yard slots as support for rates into 2026 Craig Go to rivieramm

Video: Ukraine claims drone strikes on Russian offshore assets Extent of damage unclear following drone strikes as Ukrainian military forces continue efforts to damage the sanctioned Russian energy firm Lukoil’s offshore assets Jamey Go to rivieramm

Engine details revealed for methanol-ready diesel-electric hybrid offshore tug Østensjø Rederi’s 150-tonne bollard pull offshore tug will have Cat diesel gensets prepared for biofuel and conversion to methanol operation John Go to rivieramm

Video: US confirms fifth Venezuela-linked tanker seized in Caribbean Sea US Southern Command confirmed US forces have ’apprehended’ Aframax tanker Olina, one of several vessels apparently trying to escape a US blockade Jamey Go to rivieramm

Trump exits US from 66 additional UN agencies and international organisations, strips funding In a continued show of his administration’s protectionist stance, US President Donald Trump has withdrawn from dozens of organisations of international co-operation as part of a process he says is ’ongoing’ Jamey Go to rivieramm

NYK advances digital transformation, AI, cyber security  NYK president Takaya Soga highlights the importance of building defences against cyber risks Martyn Go to rivieramm

US confirms seizure of Russia-flagged oil tanker in Atlantic and another tanker in Caribbean US military command in Europe says the seizures support US President Trump’s targeting of ’sanctioned vessels that threaten the security of the Western Hemisphere’ Jamey Go to rivieramm

100 days after the last Houthi attack, Suez Canal traffic still 60% lower than 2023  BIMCO chief shipping analyst Niels Rasmussen examines Suez Canal transits, which have yet to pick up despite the Houthis declaring an end to attacks on ships Riviera Go to rivieramm

Japan to build ‘world’s largest’ liquefied hydrogen carrier at Kawasaki Planned 40,000-m3 vessel, to be built by the same shipyard that built the world’s first LH2 carrier, is set to begin operations in the 2030s Riviera Go to rivieramm

Shipmanager V Group acquires maritime green tech firm Njord V Group takes Maersk Tankers-founded Njord to ’accelerate’ the shipmanager’s drive to expand fuel efficiency and decarbonisation services Riviera Go to rivieramm

K Line president: maritime technology drives competitiveness Head of Japanese shipping group says the business will expand its development and use of environmental and digital technologies in 2026 Martyn Go to rivieramm

Baltic states suffer another round of subsea cable damage from ships EU Commission executive vice president says the body is ’prepared to counter hybrid threats’ and is ’closely monitoring the most recent cable damage incident’ Jamey Go to rivieramm

V.Group stakes claim for premium pricing as restructuring delivers growth Chief executive René Kofod-Olsen argues that tier-one operators deserve premium pricing for delivering 99.9% commercial uptime Edwin Go to rivieramm

Policy gaps and projects reshaped CO2 shipping in 2025 Calls for clearer regulation, terminal expansion in Norway and the arrival of large liquefied CO2 tonnage combined to move CO2 shipping and trade beyond concept in 2025 Craig Go to rivieramm

2025’s most-read stories in Offshore Support Journal We look back on our most-read stories to get a better view, from you, of the topics that shaped the industry in 2025 Riviera Go to rivieramm

2025’s most-read stories in International Tug & Salvage We look back on our most-read stories to get a better view, from you, of the topics that shaped the industry in 2025 Riviera Go to rivieramm

2025’s most-read stories in Maritime Optimisation & Communications We look back on our most-read stories to get a better view, from you, of the topics that shaped the industry in 2025 Riviera Go to rivieramm

2025’s most-read stories in Marine Propulsion & Auxiliary Machinery We look back on our most-read stories to get a better view, from you, of the topics that shaped the industry in 2025 Riviera Go to rivieramm

2025’s most-read stories in LNG Shipping & Terminals We look back over our most-read stories from the year to revisit the topics your reading habits revealed as key issues in the maritime industry in 2025 Riviera Go to rivieramm

2025’s most-read stories in Offshore Wind Journal We look back over our most-read stories from the year to revisit the topics that your reading habits revealed as key issues in the offshore wind industry in 2025 Riviera Go to rivieramm

2025’s most-read stories in Tanker Shipping & Trade We look back on our most-read stories to get a better view, from you, of the topics that shaped the industry in 2025 Riviera Go to rivieramm

Reports of tanker with main engine failure in Taiwan Strait Report cites safety notice from China’s Fujian Maritime Safety Administration that the tanker had suffered loss of control Jamey Go to rivieramm

Italian association ensures safe, sustainable port towage Assorimorchiatori president Alberto Dellepiane describes the latest challenges impacting harbour towage in Italy Martyn Go to rivieramm

Ocean Yield, NYK team up to build four LNG carriers Norway-based shipowner and investment firm Ocean Yield has partnered on the newbuilds with Japanese shipping company Nippon Yusen Kabushiki Kaisha Jamey Go to rivieramm

Expansion-minded wind propulsion group adds director with experience in China Anemoi has hired a new programme director, Andrew Starforth, whose eight years in senior roles within China’s marine technology industry, the firm says, complements its strategic priorities Riviera Go to rivieramm

ADNOC targets 5M barrels per day with AI fleet efficiency gains Senior vice president confirms 15%-20% efficiency gains through AI logistics while ordering remotely operated vessels for mid-2027 delivery as NOC targets 5M barrels per day production capacity Edwin Go to rivieramm

Trafigura’s 2025 profits underpin 2026 tanker outlook Strong 2025 profits gave Trafigura room to navigate a volatile tanker market in 2026 Craig Go to rivieramm

US Navy turns to non-traditional defence start-up for fleet of ASVs Navy awards US$392M contract to Texas-based defence technology company to build fleet of autonomous surface vessels John Go to rivieramm

Trump uses social media to order ‘complete blockade’ of sanctioned tankers visiting Venezuela Trump makes claim on social media platform he owns, using term that carries legal weight, with specifics from the White House or government agencies yet to follow Jamey Go to rivieramm

Four Seasons I completes first sea trials Four Seasons Yachts’ first ultra-luxury small cruise ship underwent five days of testing, from technical to passenger systems Jamey Go to rivieramm

Ship banking’s emissions tracking scheme expands to include private lenders Aiming for further climate transparency, the Poseidon Principles, which already includes 75% of shipping’s financiers, will expand to include private equity, hedge funds, capital markets underwriters and others Jamey Go to rivieramm

World’s largest electric vessel’s electric motor trial successful Forthcoming 130-m, 2,100-passenger Buquebus ferry was powered on for the first time for a successful motor trial in Tasmania Jamey Go to rivieramm

Saudi Arabia’s ZOSCO expands into Nordics with Remøy Shipping acquisition Family owned Remøy said it chose Zamil Offshore from among ’several buyers’ that showed interest in the company Jamey Go to rivieramm

US adds to Venezuelan sanctions with VLCC targets, does not rule out seizing more ships A day after the US seized a sanctioned VLCC off Venezuela, the Trump administration has sanctioned half a dozen more vessels and their operators Jamey Go to rivieramm

South Korean port of Busan launches country’s first all-electric ferry The new passenger ferry is the first state-owned electric vessel for South Korea and part of a plan to replace 140 state-owned vessels with ships running on cleaner energy sources by 2030  Riviera Go to rivieramm

Ballast water treatment reactor launched in China, early deliveries already reported At Marintec 2025 in China, a compact ballast water reactor design was introduced with Qingdao production Craig Go to rivieramm