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Yang Ming Buys Methanol Containerships as First Step in Fleet Optimization   After reporting strong financial results for 2024, Taiwan’s Yang Ming took the first steps in a fleet optimization and expansion program first announced in December 2024. The company reported it is buying three under-construction dual-fuel methanol containerships from Japanese leasing company Shoei Kisen…

Norway to Invest $1.5 Billion for Stakes in Two RWE Offshore Wind Farms   Providing a strong demonstration of confidence for the offshore wind energy sector and helping Germany’s RWE fend off pressure from activist investors, Norway’s sovereign wealth fund has agreed to acquire stakes in two under construction wind farms. Norges Bank Investment Management…

Report: Time to Invest in Cybersecurity for U.S. Sealift Forces   A panel of senior cyber experts has called for more investment in maritime cybersecurity in order to ensure American military mobility in wartime. Most cyber analyses focus on the economic and commercial impact of cyber meddling, but this study is squarely focused on defense…

Nationwide Strike Paralyzes Belgium’s Ports, Airports, and Services   Upset by Belgium’s new collation government’s plans for budget cutting, public and private workers walked on their jobs on Monday, March 31, for a 24-hour strike that stopped many parts of Belgium for the day. Officials for the Port of Antwerp-Bruges said the disruptions began on…

Federal Judge Tosses Biden-Era O&G Lease Sale Over Climate Effects   Last Thursday, a D.C. circuit court judge ruled that a Biden-era oil and gas lease sale was unlawful because the Bureau of Ocean Energy Management failed to consider the impact of climate-warming emissions from the project, or the potential effect of extra activity on…

Trump Threatens “Secondary Tariffs” on Russian Oil After weeks of negotiations with the Kremlin, U.S. President Donald Trump is beginning to show impatience with Russia’s continued aggression in Ukraine, and on Sunday he threatened to create a new penalty on Russian oil: “secondary tariffs” imposed on the nations that buy it. In practice, this would…

Finding Zero   The global maritime industry is racing to cut emissions with solutions ranging from cutting-edge tech to, well… sails. Yes, we’ve come full circle. The same technology that powered pirates is now hailed as the future of sustainable shipping. What a time to be alive! While we await warp drives and fusion reactors,…

Shipload of Rocket Fuel Arrives in Iran   Early on March 29, a vessel bearing a strong resemblance to MV Jairan, the second of two sanctioned Islamic Republic of Iran Shipping Lines (IRISL) ships carrying sodium perchlorate from China, was spotted in Bandar Abbas Anchorage at 56.3515N 26.9960E midway between the islands of Qeshm and…

Somalia Offers U.S. Full Control Over Somaliland’s Port of Berbera   The geopolitics in the Horn of Africa have taken a new turn, with Somalia indicating that it is ready to offer the U.S exclusive control of it ports in the Gulf of Aden. This was revealed in a letter leaked last week, which appeared…

EU Scrutinizes Fraud in Certification of Biofuels   The scrutiny on the use of biofuels in Europe has intensified, with reports emerging last week that the EU is planning to suspend recognition of the ISCC certification of waste-based biofuels. The International Sustainability and Carbon Certification (ISCC) has an EU certification scheme that verifies that biofuels…

Kongsberg Maritime Invests Quarter of a Million in Advanced Simulator [By: Kongsberg Maritime] Kongsberg Maritime, a leading technology partner for the maritime industry announces the launch of its cutting-edge K-Sim Offshore DP3 Anchor Handling Simulator, setting a new standard for training and operational excellence in the Maritime sector. With an investment of over £250,000, this…