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VIDEO: Candela P-12 e-foiler completes world’s longest electric sea journey
VIDEO: Candela P-12 e-foiler completes world’s longest electric sea journey Swedish foiling ferry innovator Candela AB reports that a Candela P-12 has completed a 160-nautical-mile journey from Gothenburg, Sweden, to Oslo, Norway. This, says Candela, is the longest voyage thus far performed by an electric passenger vessel. The P-12 is the world’s first serial-production electric…
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Hines Furlong Line closes acquisition of Campbell Transportation’s River Division
Hines Furlong Line closes acquisition of Campbell Transportation’s River Division Nashville, Tenn.-based Hines Furlong Line, Inc. (HFL) reports that it has closed its acquisition of the River Division of Houston, Texas-based Campbell Transportation Company, Inc., first announced Dec. 3, 2025. Hines Furlong to acquire Campbell Transportation’s River Division “As supply chains grow more complex and…
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Cyprus-flagged vessel stays in Western Hemisphere for another three months
Cyprus-flagged vessel stays in Western Hemisphere for another three months Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a contract […] The post Cyprus-flagged vessel stays in Western Hemisphere for another three months appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Exclusive interview with Noble: Tight rig demand on 2026 horizon – Golden Triangle and US Gulf as core growth regions
Exclusive interview with Noble: Tight rig demand on 2026 horizon – Golden Triangle and US Gulf as core growth regions With contracting opportunities still on the uptick in spite of potential softer energy prices, Noble Corporation, a U.S.-headquartered offshore drilling giant, has pinpointed the Golden Triangle, the U.S. Gulf, South America, and West Africa as…
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Japanese hydrogen 4-stroke high-speed engine receives double ClassNK approval
Japanese hydrogen 4-stroke high-speed engine receives double ClassNK approval Yanmar Power Solutions, a subsidiary of Japan’s industrial diesel engine and machinery manufacturer Yanmar […] The post Japanese hydrogen 4-stroke high-speed engine receives double ClassNK approval appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Asian duo shakes hands on setting up modular EPC and fabrication manufacturing shop in India
Asian duo shakes hands on setting up modular EPC and fabrication manufacturing shop in India AG&P Industrial, a subsidiary of Singapore’s AG&P Group, has joined forces with Pragati Infra Solutions (PISL), an engineering, procurement, and construction (EPC) and infrastructure development company, to establish India’s first advanced modular EPC and fabrication manufacturing facility in Andhra Pradesh.…
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Maritime industry gets its first guidance notes for onboard hydrogen generation
Maritime industry gets its first guidance notes for onboard hydrogen generation Lloyd’s Register (LR) has published what it says is the maritime industry’s first dedicated guidance […] The post Maritime industry gets its first guidance notes for onboard hydrogen generation appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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AI primed to offer ocean carriers many and varied ways to cut expenses
AI primed to offer ocean carriers many and varied ways to cut expenses With few opportunities for large-scale consolidation and freight rates under growing pressure from slowing volumes and the largest-ever order book, liners will need to look elsewhere to save costs; it won’t be long before AI offers up ready solutions, writes Peter Tirschwell.…
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Breakbulk, project cargo operators expand fleets with raft of new orders
Breakbulk, project cargo operators expand fleets with raft of new orders Norden, Stena RoRo and Meriaura commit to up to 15 new ships as the resilience of the MPV market is reflected in the most recent quarterly sentiment index published by One World Shipbrokers. Go to journal of commerce
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US Coast Guard Suspends Search For Missing Crew Of Fishing Vessel Lily Jean
US Coast Guard Suspends Search For Missing Crew Of Fishing Vessel Lily Jean Image for representation purposes only The US Coast Guard has suspended the search for missing crewmembers from the fishing vessel Lily Jean after extensive search efforts off the coast of Massachusetts produced no further results. The decision was taken on Saturday morning…
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Gas Leak Causes Deadly Explosion In Iran’s Strategic Port City Of Bandar Abbas
Gas Leak Causes Deadly Explosion In Iran’s Strategic Port City Of Bandar Abbas Image for representation purposes only A gas leak caused a powerful explosion in the southern Iranian port city of Bandar Abbas on Saturday, killing at least one person and injuring 14 others, Iranian state media reported. The blast hit an eight-storey residential…
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IMO Agrees Draft Safety Workplan For Battery, Wind And Nuclear-Powered Ships
IMO Agrees Draft Safety Workplan For Battery, Wind And Nuclear-Powered Ships Image for representation purposes only IMO’s Sub-Committee on Ship Design and Construction (SDC) has finalised a workplan to develop a safety regulatory framework for ships using new technologies and alternative fuels to reduce greenhouse gas emissions. The draft workplan will be submitted to the…
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Cargo Ship Runs Aground Off Istanbul’s Bosphorus Strait
Cargo Ship Runs Aground Off Istanbul’s Bosphorus Strait Screengrab from X video posted by Türkiye Today A 100-metre cargo ship flying the flag of the Comoros has run aground off Istanbul’s Bosphorus Strait. The vessel, Razouk, ran aground off Kisirkaya near Sariyer while sailing in waters off the Bosphorus. Per reports, the ship was en…
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US Releases Indian Merchant Navy Officer Held On Russian Oil Tanker After 20 Days
US Releases Indian Merchant Navy Officer Held On Russian Oil Tanker After 20 Days Image for representation purposes only A merchant navy officer from Himachal Pradesh has returned home safely after being detained for nearly 20 days following the seizure of a Russian-flagged oil tanker by US authorities in international waters. Rakshit Chauhan, a 26-year-old…
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Chinese Shipyard to Construct Four LNG Carriers for Shell Charter
Chinese Shipyard to Construct Four LNG Carriers for Shell Charter The vessels will be powered by dual-fuel LNG engines from WinGD. Go to ship&bunker
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Malaysia Detains Tankers Over Alleged Illegal Ship-to-Ship Crude Transfer
Malaysia Detains Tankers Over Alleged Illegal Ship-to-Ship Crude Transfer The tankers were allegedly carrying out an unauthorised STS transfer off Penang. Go to ship&bunker
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Russia’s Rosmorport to purchase additional vessels to support dredging at Port of Korsakov
Russia’s Rosmorport to purchase additional vessels to support dredging at Port of Korsakov Gareth Havelock Go to baird maritime
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Fire ignites on fishing vessel off Galapagos Islands; all 27 crew rescued
Fire ignites on fishing vessel off Galapagos Islands; all 27 crew rescued Will Xavier Go to baird maritime
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Two ships seized for alleged illegal oil transfer in Malaysian waters
Two ships seized for alleged illegal oil transfer in Malaysian waters Jens Karsten Go to baird maritime
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Search for missing Philippine dive boat passengers extends to Indonesia
Search for missing Philippine dive boat passengers extends to Indonesia Will Xavier Go to baird maritime
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Birdon to put up sixth US boatbuilding location in Pensacola, Florida
Birdon to put up sixth US boatbuilding location in Pensacola, Florida Gareth Havelock Go to baird maritime
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Australian authorities destroy illegal fishing boats in latest crackdown in Torres Strait
Australian authorities destroy illegal fishing boats in latest crackdown in Torres Strait Will Xavier Go to baird maritime
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Death Toll in Philippine Ferry Sinking Rises to 40
Death Toll in Philippine Ferry Sinking Rises to 40 Three additional bodies of victims from the lost ferry Trisha Kerstin 3 have been recovered near Basilan, bringing the number of confirmed fatalities… The Maritime Executive Go to maritime executive
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Tanker Orders: Too Much, or Not Enough?
Tanker Orders: Too Much, or Not Enough? Last week, in our annual forecasting opinion (“A Fool’s Game?”), we prognosticated that the tanker orderbook will decline in 2026. We are still early… The Maritime Executive Go to maritime executive
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China and Russia Plan to Hold a Naval Exercise With Iran in February
China and Russia Plan to Hold a Naval Exercise With Iran in February The commander of the regular Iranian navy (Nedaja) Rear Admiral Shahram Irani has announced that Iran will once again host Chinese and Russian naval… The Maritime Executive Go to maritime executive
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Coast Guard Calls Off Search for Missing Crew of Fishing Vessel Lily Jean
Coast Guard Calls Off Search for Missing Crew of Fishing Vessel Lily Jean On Saturday, the U.S. Coast Guard suspended its search for the missing crew of the fishing vessel Lily Jean, which disappeared about 25 miles off the… The Maritime Executive Go to maritime executive
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Op-Ed: Fully-Compliant Fire Systems May Fall Short Against Modern Risks
Op-Ed: Fully-Compliant Fire Systems May Fall Short Against Modern Risks Inspection reports across much of the commercial fleet paint a reassuring picture. Fire detection systems are operational, fixed firefighting systems… The Maritime Executive Go to maritime executive
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Port of Corpus Christi posts 2025 volume decline
Port of Corpus Christi posts 2025 volume decline LNG exports were up, but crude oil shipments down, and agricultural goods plunged Michele Labrut Go to seatrade maritime
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Fincantieri: Launch of the Italian Navy’s Hydro-Oceanographic Ship
Fincantieri: Launch of the Italian Navy’s Hydro-Oceanographic Ship The launch ceremony of the Italian Navy’s new Major Hydro-Oceanographic Ship (N.I.O.M.) named Quirinale, took place today at Fincantieri’s integrated… The Maritime Executive Go to maritime executive
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Signal Ocean Announces Strategic Acquisition of AXSMarine
Signal Ocean Announces Strategic Acquisition of AXSMarine Signal Ocean announces the strategic acquisition of AXSMarine, a recognized leader in the maritime freight and commodities tracking space. The move re… The Maritime Executive Go to maritime executive
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Birdon Announces Plans for Sixth US Location in Pensacola, Florida
Birdon Announces Plans for Sixth US Location in Pensacola, Florida On Wednesday 28, January, Birdon announced plans to develop and operate a 400,000-square-foot advanced ship manufacturing facility at the Port of Pens… The Maritime Executive Go to maritime executive
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ISWAN Launches Landmark New Social Interaction Matters Research
ISWAN Launches Landmark New Social Interaction Matters Research The International Seafarers’ Welfare and Assistance Network (ISWAN) has published Phase Three of its Social Interaction Matters (SIM) Project, present… The Maritime Executive Go to maritime executive
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Survival of Chagos Sovereignty Deal Hinges on U.S. Review
Survival of Chagos Sovereignty Deal Hinges on U.S. Review The survival of the deal the UK has agreed with the government of Mauritius, involving the UK’s surrender of sovereignty and a lease-back arrangement… The Maritime Executive Go to maritime executive
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Kirby Corporation reports a record year
Kirby Corporation reports a record year Houston-headquartered Kirby Corporation (NYSE: KEX) yesterday reported earnings for the fourth quarter, ended December 31, 2025, of $91.8 million, compared with net earnings of $42.8 million for the 2024 fourth quarter. Excluding one-time charges and credits, 2024 fourth quarter net earnings attributable to Kirby were $74.9 million or $1.29…
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Birdon America plans to open a sixth location at the Port of Pensacola
Birdon America plans to open a sixth location at the Port of Pensacola Birdon America reports that it plans to develop and operate a 400,000-square-foot advanced ship manufacturing facility at the Port of Pensacola, Florida. This will be Birdon’s sixth U.S. location. In partnership with the City of Pensacola and other regional and national stakeholders,…
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VIDEO: USCG continues NYC icebreaking operations as ferries suspend services
VIDEO: USCG continues NYC icebreaking operations as ferries suspend services Commuters in the New York City area today woke up to learn from their TV morning shows that ferry services continued to be disrupted by ice. “The freezing conditions around New York Harbor have shut down most ferry service, and the suspensions could last a…
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Wilson Sons names WS Halcyon, first of three powerful class 2312 tugboats
Wilson Sons names WS Halcyon, first of three powerful class 2312 tugboats Brazil’s Wilson Sons held a christeninhg ceremony for the tugboat WS Halcyon in Rio Janeiro this Thursday, Jan 29. Built at the company’s shipyard in Guarujá (São Paulo), WS Halcyon is the first of a new series of three high-powered tugs. WS Halcyon…
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Laura DiBella designated Chairman of the FMC
Laura DiBella designated Chairman of the FMC President Trump has designated Laura DiBella to serve as Chairman of the Federal Maritime Commission. Chairman DiBella, who was sworn in as a Commissioner on January 6, was nominated by President Trump on September 3, 2025 and confirmed by the United States Senate on December 18, 2025, to…
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APMT to run Hutchison’s Panama terminals on interim basis after court ruling
APMT to run Hutchison’s Panama terminals on interim basis after court ruling The appointment of Maersk’s terminals arm came just hours after Panama’s Supreme Court nullified the concessions Hutchison had held at the Balboa and Cristobal ports for almost 30 years. Go to journal of commerce
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FMC weighs hefty fees, port bans for Spanish vessels
FMC weighs hefty fees, port bans for Spanish vessels The move comes after Spain turned away three US-flag ships and a Danish multipurpose vessel on the grounds they were carrying military cargo bound for Israel. Go to journal of commerce
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Turkey Lays Keel Of 1st Naval Support Vessel For Portuguese Navy
Turkey Lays Keel Of 1st Naval Support Vessel For Portuguese Navy Image Credits: STM The keel of the first naval support ship for the Portuguese Navy was laid in Ada Shipyard in Istanbul this week. Turkish shipbuilder STM signed a contract to construct two Auxiliary Oiler Replenishment (AOR) and Logistics Support Ships in Lisbon on…
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Royal Navy Sets Limit On Alcohol Consumption For Sailors While On Ships
Royal Navy Sets Limit On Alcohol Consumption For Sailors While On Ships Image for representation purposes only Royal Navy sailors can consume a maximum of 14 units of alcohol per week, according to the new regulations aiming to reduce alcohol consumption onboard ships. Per new rules, Royal Navy personnel cannot consume over 3 units of…
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Indian Crew Of Oil Tanker Seized By Iran Kept In Tiny Room Without Proper Food & Water
Indian Crew Of Oil Tanker Seized By Iran Kept In Tiny Room Without Proper Food & Water Image for representation purposes only Family members of the 16 Indian Seafarers held in Iran since November expressed their worries and sadness about the living conditions of the crew, said to be confined in a small room without…
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US Coast Guard Seizes $33 Million Cocaine Shipment In Eastern Pacific, 3 Arrested
US Coast Guard Seizes $33 Million Cocaine Shipment In Eastern Pacific, 3 Arrested Image Credits: USCG The U.S. Coast Guard Cutter Seneca has intercepted a suspected drug-smuggling vessel in the Eastern Pacific Ocean, seizing about 4,400 pounds of cocaine and detaining three suspected traffickers. The seized drugs are valued at over $33 million. The interception…
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Panama Court Cancels CK Hutchison Port Contracts For Violating Constitution & Public Interest
Panama Court Cancels CK Hutchison Port Contracts For Violating Constitution & Public Interest Image for representation purposes only Panama’s Supreme Court has annulled port concession contracts held by Panama Ports Company (PPC), a subsidiary of Hong Kong-based CK Hutchison Holdings, after ruling that the agreements violated the country’s constitution and did not serve the public…
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First Monthly Gain For Oil In Half A Year Over Venezuela, Iran Angst
First Monthly Gain For Oil In Half A Year Over Venezuela, Iran Angst But overall, the market remains mired in glut worries. Go to ship&bunker
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China-France Shipping Corridor Seeks to Establish Alternative Fuel Supply Chain
China-France Shipping Corridor Seeks to Establish Alternative Fuel Supply Chain The corridor plans to support supply chains for alternative marine fuels such as LNG, bio-LNG, green ammonia and green hydrogen. Go to ship&bunker
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INTERVIEW: LNG Bunker Market Reaching ‘Adolescent Stage’
INTERVIEW: LNG Bunker Market Reaching ‘Adolescent Stage’ SEA-LNG Chairman Peter Keller sets out the organisation’s view on the growth of the LNG bunker market as the gas-powered fleet jumps to 10% of shipping by deadweight. Go to ship&bunker
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Italy’s GNV Takes Delivery of Second LNG-Fuelled Vessel from China
Italy’s GNV Takes Delivery of Second LNG-Fuelled Vessel from China The ship will begin service in April, operating on the Genoa-Palermo route. Go to ship&bunker
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Island Oil Hires Senior Trader in Dubai
Island Oil Hires Senior Trader in Dubai Varsha Sudheer has joined the firm’s Dubai office as a senior trader, having previously worked for Monjasa. Go to ship&bunker
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Design Innovation Key to Reducing Offshore Wind Vessel Emissions
Design Innovation Key to Reducing Offshore Wind Vessel Emissions Offshore Wind Go to workboat365
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Next-Gen Mine Countermeasures Solution Debuts
Next-Gen Mine Countermeasures Solution Debuts Uncrewed Surface Vessels (USVs) Go to workboat365
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Northern Lights to add four LCO2 carriers in charters with K Line, MISC and MOL
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
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Tackling the challenges of cold-climate maritime response
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
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OPEC+ expected to keep output pause for March as oil climbs above $70
OPEC+ expected to keep output pause for March as oil climbs above $70 Reuters Go to baird maritime
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Japanese shipbuilder hands over 64,000DWT Handymax bulker
Japanese shipbuilder hands over 64,000DWT Handymax bulker Alan Bosworth Go to baird maritime
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Australia’s Electro Optic Systems likely to move HQ, listing to Europe
Australia’s Electro Optic Systems likely to move HQ, listing to Europe Reuters Go to baird maritime
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Europe gas prices firm on low stockpiles and LNG supply concerns
Europe gas prices firm on low stockpiles and LNG supply concerns Reuters Go to baird maritime
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US Navy destroyer arrives in Israeli port amid rising US-Iran tensions
US Navy destroyer arrives in Israeli port amid rising US-Iran tensions Reuters Go to baird maritime
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Tanzania Builds Ro-Pax Vessel to Boost Regional Trade on Lake Victoria
Tanzania Builds Ro-Pax Vessel to Boost Regional Trade on Lake Victoria After eight years of construction, Tanzania has finally launched an inland passenger and cargo freshwater vessel that is touted as the largest in Afri… The Maritime Executive Go to maritime executive
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Danish Defence Charters Cruise Ship to House Troops in Greenland
Danish Defence Charters Cruise Ship to House Troops in Greenland The former expedition cruise ship Ocean Endeavour is due to arrive in Nuuk, Greenland, on January 31 to become housing for Danish and NATO troops. Th… The Maritime Executive Go to maritime executive
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USCG Considers Homeporting Four New Icebreakers in Alaska by 2029
USCG Considers Homeporting Four New Icebreakers in Alaska by 2029 Details about the U.S. Coast Guard’s plans for expanding America’s presence in the Arctic were the focus of a Senate Commerce Subcommittee on Coast Gu… The Maritime Executive Go to maritime executive
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Dominion Energy and Vineyard Wind Reach Milestones as Work Resumes
Dominion Energy and Vineyard Wind Reach Milestones as Work Resumes Within days of resuming work at Dominion Energy’s Coastal Virginia Offshore Wind project and Avangrid’s Vineyard Wind 1, both projects have marked ke… The Maritime Executive Go to maritime executive
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Urgent Alert After Chinese Bulker Issues Distress Signal
Urgent Alert After Chinese Bulker Issues Distress Signal The Philippine Coast Guard issued an urgent alert to all vessels on Friday, January 30, after it received a distress call from a Chinese-owned bulker…. The Maritime Executive Go to maritime executive
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Italian Coast Guard Coordinates Rescues of Two Ships in Two Days
Italian Coast Guard Coordinates Rescues of Two Ships in Two Days The Italian Coast Guard oversaw the rescue operations for two merchant ships in the course of two days from the same region of the Mediterranean. Alt… The Maritime Executive Go to maritime executive
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Panama Court Finds CK Hutchison’s Port Terminal Concession Unconstitutional
Panama Court Finds CK Hutchison’s Port Terminal Concession Unconstitutional The Supreme Court of Panama announced late on Thursday, January 29, that it had found the laws establishing CK Hutchison’s concession to operate term… The Maritime Executive Go to maritime executive
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Swissport completes Switzerland’s all-electric aircraft turnaround in Geneva
Swissport completes Switzerland’s all-electric aircraft turnaround in Geneva January 30, 2026 Go to aircargoweek
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Hermes Logistics Technologies expands Vietnam footprint with landmark Cargo Terminal No.1 project
Hermes Logistics Technologies expands Vietnam footprint with landmark Cargo Terminal No.1 project January 30, 2026 Go to aircargoweek
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Zencargo appoints Gary Jeffreys as SVP EMEA to drive enterprise growth
Zencargo appoints Gary Jeffreys as SVP EMEA to drive enterprise growth January 30, 2026 Go to aircargoweek
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Tribute to Vincenzo Armano
Tribute to Vincenzo Armano January 30, 2026 Go to aircargoweek
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iGA Istanbul Airport turns forgotten travel objects into public art
iGA Istanbul Airport turns forgotten travel objects into public art January 30, 2026 Go to aircargoweek
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Shandong Marine in for LNG carrier quartet at Jiangnan
Shandong Marine in for LNG carrier quartet at Jiangnan China’s Shandong Marine has moved to expand its LNG carrier fleet, placing an order for four newbuildings at compatriot yard Jiangnan Shipyard, with the vessels set to be chartered to a unit of UK-based energy major Shell upon delivery. The state-run shipping group has signed up…
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Trump taps Laura DiBella to lead US shipping watchdog
Trump taps Laura DiBella to lead US shipping watchdog President Donald Trump has named Laura DiBella as the new chairman of the Federal Maritime Commission, filling a leadership gap at the US maritime regulator as it takes on a more assertive role in global shipping oversight. DiBella, a former Florida secretary of commerce, was designated…
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Rex lines up jackup rig offshore Oman
Rex lines up jackup rig offshore Oman Singapore-listed Rex International is pressing ahead with offshore development drilling in Oman after its unit Masirah Oil secured a jackup rig for work at the Yumna field. Masirah Oil said its parent company, Rex Oman, has signed a contract for the Energy Emerger jackup drilling rig, operated by…
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Panama court torpedoes CK Hutchison terminals deal
Panama court torpedoes CK Hutchison terminals deal Panama’s Supreme Court has thrown CK Hutchison’s flagship Panama Ports Company (PPC) concession into limbo, ruling the Hong Kong group’s contract to operate terminals at either end of the Panama Canal unconstitutional. In a brief statement late Thursday, the court struck down the 25‑year extension granted to PPC…
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Bauxite booms as aluminium output triples since 2000
Bauxite booms as aluminium output triples since 2000 Global aluminium production has nearly tripled since the turn of the millennium, and the ripple effects are being felt most clearly in the dry bulk market, where seaborne bauxite trade hit a fresh record last year. Analysis by Ursa Shipbrokers, drawing on data from the International Aluminium…
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Shetland scallop and crab fishery gains third MSC certification
Shetland scallop and crab fishery gains third MSC certification by Fishing News Go to fishing news uk
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Parliamentary hearing on Mary Kate case
Parliamentary hearing on Mary Kate case by Lorna Siggins Go to fishing news uk
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CFA seeks more detail on Clyde cod trials
CFA seeks more detail on Clyde cod trials by Tim Oliver Go to fishing news uk
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Athens joins Hong Kong Air Cargo’s freighter network
Athens joins Hong Kong Air Cargo’s freighter network Carrier launches twice-weekly Hong Kong-Athens charters from 2 February, marking 14th European destination amid network expansion Go to aircargonews
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Obituary: Globe Air Cargo US director Vincenzo Armano
Obituary: Globe Air Cargo US director Vincenzo Armano ECS Group confirms death of New York-based executive who dedicated over a decade to building the company’s US operations Go to aircargonews
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Swissport completes first fully electric aircraft turnaround in Switzerland
Swissport completes first fully electric aircraft turnaround in Switzerland Ground handler deploys electric GSE across entire operation for Brussels Airlines flight at Geneva, marking Swiss aviation decarbonisation first Go to aircargonews
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Rhenus positive on EU-India trade deal
Rhenus positive on EU-India trade deal Forwarder Rhenus expects to capitalise on India-EU free trade deal that is set to double goods exports by 2032 through tariff cuts on 96.6% of trade Go to aircargonews
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Athens joins Hong Kong Air Cargo’s freighter network
Athens joins Hong Kong Air Cargo’s freighter network Carrier launches twice-weekly Hong Kong-Athens charters from 2 February, marking 14th European destination amid network expansion Go to aircargonews
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Panama declares CK Hutchison’s Panama Ports concession unconstitutional
Panama declares CK Hutchison’s Panama Ports concession unconstitutional Panama President says Balboa and Cristobal port operations will not be disrupted as APM Terminals Panama will temporarily manage the ports. Michele Labrut Go to seatrade maritime
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COSCO Shipping Specialized Carriers opens Manila office
COSCO Shipping Specialized Carriers opens Manila office COSCO Shipping Specialized Carriers continues to enhance its localised operational capabilities network in Southeast Asia. Go to seatrade maritime
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LNG fleet capacity set to double by 2030 despite climbing demolition
LNG fleet capacity set to double by 2030 despite climbing demolition Major expansion of LNG production capacity may bring enough demand to meet ballooning vessel supply. Paul Bartlett Go to seatrade maritime
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Cancelled sailings pierce New Year optimism
Cancelled sailings pierce New Year optimism Container market volatility has continued into the New Year with the expected pre-Lunar New Year rush grinding to a halt well ahead of the Chinese holidays. Nick Savvides Go to seatrade maritime
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Stable 2026 and softer 2027 for dry bulk, Bimco predicts
Stable 2026 and softer 2027 for dry bulk, Bimco predicts High rates could continue into 2026 with capesizes leading the way, unless shipping returns to the Red Sea. Gary Howard Go to seatrade maritime
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Seadrill’s 2014-built drillship staying one more year in Brazil
Seadrill’s 2014-built drillship staying one more year in Brazil Seadrill, an offshore drilling contractor, has secured more time with Equinor Brasil Energia, a subsidiary of Norway’s state-owned energy giant Equinor, for a drillship working off the coast of Brazil. The post Seadrill’s 2014-built drillship staying one more year in Brazil appeared first on Offshore Energy.…
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Second Berge Bulk vessel sports Anemoi rotor sails
Second Berge Bulk vessel sports Anemoi rotor sails UK-based wind-assisted propulsion provider Anemoi Marine Technologies has completed the installation of four folding […] The post Second Berge Bulk vessel sports Anemoi rotor sails appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Trio paving the way for hydrogen adoption in FPSO and maritime power sphere
Trio paving the way for hydrogen adoption in FPSO and maritime power sphere Three players, Japan’s MODEC, Norway’s Eld Energy, and Delta Electronics, have joined forces to expand hydrogen use in the maritime sector, driving energy transition by deploying solid oxide fuel cell (SOFC) technology for the first time on a floating production, storage and…
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2017-built jack-up rig lines up multi-well drilling gig in West Asia
2017-built jack-up rig lines up multi-well drilling gig in West Asia Texas-headquartered Northern Offshore, a builder and operator of jack-up rigs, has secured a new assignment for a nine-year-old jack-up rig off the coast of Oman, West Asia. The post 2017-built jack-up rig lines up multi-well drilling gig in West Asia appeared first on Offshore…
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Minesto awarded funding to speed up tidal energy development in Taiwan
Minesto awarded funding to speed up tidal energy development in Taiwan Swedish tidal energy developer Minesto has secured grant funding from the Swedish Energy Agency […] The post Minesto awarded funding to speed up tidal energy development in Taiwan appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Schneider Q4 profit weakens, but company pins hopes on capacity exits
Schneider Q4 profit weakens, but company pins hopes on capacity exits CEO Mark Rourke said a spot rate surge in December was the first sign of truckload capacity exits having a material impact on prices that will eventually lead to the carrier being able to charge shippers higher rates. Go to journal of commerce
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Frontloading drags ONE to a loss in its fiscal third quarter
Frontloading drags ONE to a loss in its fiscal third quarter A surge in tariff-driven frontloading from Asia to North America earlier in the year led to a wait-and-see approach from US importers, resulting in weaker demand. Go to journal of commerce
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Panama court voids CK Hutchison canal terminal leases
Panama court voids CK Hutchison canal terminal leases The decision nullifies Hong Kong-based Hutchison’s ability to operate the Balboa and Christobal ports that bookend the Panama Canal and clouds its attempt to sell its global terminals portfolio. Go to journal of commerce
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Trump elevates Laura DiBella to be FMC chairman
Trump elevates Laura DiBella to be FMC chairman DiBella, nominated to be a commissioner last September, said her focus for the agency will be to support Trump’s push to restore the American maritime industry. Go to journal of commerce
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Denmark Charters Ice-Strengthened Hotel Ship To Accommodate Soldiers in Greenland
Denmark Charters Ice-Strengthened Hotel Ship To Accommodate Soldiers in Greenland Image Credits: Danish Defense The Danish Defence has chartered an ice-strengthened expedition vessel, Ocean Endeavour, to accommodate Danish and international soldiers taking part in Exercise Arctic Endurance in Greenland. The move is intended to avoid putting extra pressure on Nuuk’s hotels during busy periods. From…
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Suspicious Russian Cargo Ship Chased From Bristol Channel By Royal Navy
Suspicious Russian Cargo Ship Chased From Bristol Channel By Royal Navy Image Credits: Royal Navy/X The Royal Navy forced a Russian cargo ship to leave waters just two miles off the coast of Minehead, Somerset, after it spent 14 hours anchored near critical undersea telecoms cables connecting the UK to the US, Canada, Spain, and…