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NYK and MOL agree $72m payout in UK car carrier cartel case
NYK and MOL agree $72m payout in UK car carrier cartel case Two of Japan’s biggest shipping lines — Nippon Yusen Kaisha (NYK) and Mitsui OSK Lines (MOL) — have agreed to pay £54m ($72.25m) to settle the long-running UK collective action over the car carrier cartel, drawing a line under a saga that stretches…
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Splash Wrap: Raids, record orders and rewired trade
Splash Wrap: Raids, record orders and rewired trade US forces seized the VLCC Skipper off Venezuela as the battle between Washington and Caracas intensified with the Trump administration suggesting other vessels could be hijacked, too. China’s state-run shipping COSCO, the world’s largest shipowner, placed a massive order for 87 newbuildings worth more than $7bn with…
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Fishing News global briefing – 12 December 2025
Fishing News global briefing – 12 December 2025 by Fishing News Go to fishing news uk
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Prestwick comes top in airfreight at Logistics UK awards
Prestwick comes top in airfreight at Logistics UK awards Glasgow Prestwick airport secured the air freight business of the year title at Logistics UK’s annual awards, beating four other companies Go to aircargonews
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Hacis and Flexport back Hong Kong as transit hub
Hacis and Flexport back Hong Kong as transit hub Hactl subsidiary Hacis has expanded its partnership with Flexport to establish Hong Kong as Flexport’s transit hub Go to aircargonews
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More air cargo capacity needed to boost supply chains in Sub-Saharan Africa
More air cargo capacity needed to boost supply chains in Sub-Saharan Africa Sub-Saharan Africa receives just 2% of global cargo capacity despite exponential population growth and increasing demand for medicines Go to aircargonews
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Pacific’s December GRI evaporates
Pacific’s December GRI evaporates US demand has been stifled by average tariff rates of around 20%, up from the pre-Trump presidency levels of about 2%, while China has found new markets for its goods. Nick Savvides Go to seatrade maritime
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Shanghai port tops 50m teu throughput for second consecutive year
Shanghai port tops 50m teu throughput for second consecutive year In a record-breaking year, Port of Shanghai reaches milestone one month earlier than in 2024. Katherine Si Go to seatrade maritime
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Hapag-Lloyd orders eight dual-fuel vessels in $500m deal
Hapag-Lloyd orders eight dual-fuel vessels in $500m deal Carrier to take a further 14 feeder ships on long-term charter from yard as part of fleet renewal. Nick Savvides Go to seatrade maritime
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U.S. adds more Venezuela-linked tankers to sanctions list
U.S. adds more Venezuela-linked tankers to sanctions list The U.S. Treasury’s Office of Foreign Assets Control (OFAC) yesterday issued new sanctions on the Venezuelan oil sector that included six shipping companies and six ships associated with them. This has led to media and industry speculation that they could be subject the same sort of seizure…
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Veteran Boston Harbor ferry Outward Bound returns to Gladding-Hearn for mid-life refit
Veteran Boston Harbor ferry Outward Bound returns to Gladding-Hearn for mid-life refit Originally delivered by Gladding-Hearn Shipbuilding, Duclos Corporation in 1995, the Boston Harbor ferry MV Outward Bound has returned to the Somerset, Mass., shipyard for a mid-life refit. Redelivery is planned for spring 2026. Purpose-designed by JW Gilbert Associates, the 64-foot, 140-passenger steel vessel…
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Seaward Services wins Navy TSVRON support contract worth up to $77 million
Seaward Services wins Navy TSVRON support contract worth up to $77 million Hornblower Group member Seaward Services reports that it has been awarded a contract by the U.S. Navy’s NAVSUP Fleet Logistics Center (FLC) Norfolk Contracting Department to provide qualified mariner and logistical support to Training Support Vessel Squadron (TSVRON) ships supporting Carrier Strike Group…
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Valaris books $300 million Shell drilling contract offshore Brazil
Valaris books $300 million Shell drilling contract offshore Brazil Offshore drilling contractor Valaris Limited [NYSE: VAL] reports that Shell has awarded it a multi-year contract offshore Brazil for its drillship Valaris DS-8. The contract is expected to commence in the first quarter of 2027, with an estimated duration of approximately 800 days and a total…
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ABS simulation-based training module promotes fishing industry safety
ABS simulation-based training module promotes fishing industry safety ABS has completed a four-year effort to develop a training module to enhance safety training in the commercial fishing industry. The project delivered a web-based training platform with materials focused on six major categories of safety risks related to fishing vessel dynamic stability. Computational fluid dynamics and…
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North Sea green shift at play: Dutch gas platform plugs into German offshore wind power
North Sea green shift at play: Dutch gas platform plugs into German offshore wind power The Netherlands-based exploration and production player ONE-Dyas, together with its partners EBN and Tenaz Energy, has tucked a new decarbonization milestone under its belt by breathing life into the first natural gas production platform in the Dutch and German sectors…
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Galveston LNG Bunker Port inks supply deal with international shipping company
Galveston LNG Bunker Port inks supply deal with international shipping company Galveston LNG Bunker Port (GLBP), a Texas-based developer of what is said to be […] The post Galveston LNG Bunker Port inks supply deal with international shipping company appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Ten-year job for Wood on US Gulf Coast LNG project
Ten-year job for Wood on US Gulf Coast LNG project Scotland-headquartered engineering and consulting company Wood has won a multi-year assignment with Houston-headquartered NextDecade Corporation for a liquefied natural gas (LNG) export project in Texas, United States. The post Ten-year job for Wood on US Gulf Coast LNG project appeared first on Offshore Energy. Melisa…
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Snam moves to take over sole ownership of Italy’s FSRU
Snam moves to take over sole ownership of Italy’s FSRU Snam has taken a step to buy the stake its partner, Igneo Infrastructure Partners, holds in Italy’s floating regasification terminal operator, OLT Offshore LNG Toscana, which runs a floating storage and regasification unit (FSRU) moored off the coast of Livorno. The post Snam moves to…
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BW Energy enters Angola’s offshore oil & gas playground with new acquisition
BW Energy enters Angola’s offshore oil & gas playground with new acquisition Oslo-listed oil and gas E&P player BW Energy has struck a deal to get hold of minor stakes in two blocks off the coast of Angola. The post BW Energy enters Angola’s offshore oil & gas playground with new acquisition appeared first on…
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Australian government action needed to curb soaring terminal charges: regulator
Australian government action needed to curb soaring terminal charges: regulator The Australian Competition and Consumer Commission issued a report Friday that found terminal operators were making “historic” profits while their investment in infrastructure lagged far behind. Go to journal of commerce
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Hapag-Lloyd to expand feeder fleet with new methanol-ready ships
Hapag-Lloyd to expand feeder fleet with new methanol-ready ships The Hamburg-based carrier is investing $500 million on eight newbuilds and adding 14 newbuild charters, with the overall goal of making its fleet more fuel efficient and reducing carbon dioxide emissions. Go to journal of commerce
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NYK, MOL to pay $72 million to settle UK vehicle shipment claims
NYK, MOL to pay $72 million to settle UK vehicle shipment claims The two Japanese vehicle carriers are the last to agree to a settlement figure in a long-running price-fixing case. Go to journal of commerce
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Policy shift clears way for surge in Mexican mining projects, cargo activity
Policy shift clears way for surge in Mexican mining projects, cargo activity A boost in project cargo demand is expected as delayed mining projects in the country start to come onstream in the coming years. Go to journal of commerce
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CargoWise’s pricing model change could mark final milestone in market ascent
CargoWise’s pricing model change could mark final milestone in market ascent The ubiquity of WiseTech’s flagship platform in the forwarding market has placed a target on its back — one that grew larger with a significant change last week in how it prices its product. Go to journal of commerce
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Real Life Incident: Man Overboard Due to Improper Repair to Pilot Ladder
Real Life Incident: Man Overboard Due to Improper Repair to Pilot Ladder While preparing to embark a sea pilot at an exposed anchorage off a north European port, a ship’s crew was rigging a pilot combination ladder. During the operation, a seaman stepped on the platform at the bottom of the accommodation ladder section, and…
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Royal Navy Tracks Russian Submarine Through English Channel In 3-Day Operation
Royal Navy Tracks Russian Submarine Through English Channel In 3-Day Operation Image Credits: Royal Navy/X The Royal Navy has tracked a Russian Kilo-class submarine sailing through the English Channel in a coordinated three-day operation involving UK assets and NATO partners. The monitoring mission comes at a time when the UK has recorded a 30% rise…
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U.S. Prepares To Seize More Tankers Carrying Venezuelan Oil After First Interception
U.S. Prepares To Seize More Tankers Carrying Venezuelan Oil After First Interception Screengrab from YT video posted by Associated Press The United States is preparing to intercept more tankers transporting Venezuelan oil after seizing a vessel near the country’s coast this week, according to six people familiar with ongoing operations. This was the first time…
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Norwegian Ferry Overshoots Pier & Crashes Into Historic Building On Herfol Island
Norwegian Ferry Overshoots Pier & Crashes Into Historic Building On Herfol Island Image for representation purposes only A ferry serving Norway’s Hvaler archipelago overshot its berth on Thursday morning and collided with a historic building near the pier on Herfol Island, briefly disrupting transport services but causing no injuries. The incident occurred at about 0930…
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India Launches Its First Indigenous Hydrogen Fuel-Cell Passenger Vessel
India Launches Its First Indigenous Hydrogen Fuel-Cell Passenger Vessel Image Credits: Cochin Shipyard Ltd/Facebook India took an important step towards clean and modern water transport on Thursday as Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal launched the country’s first indigenous hydrogen fuel-cell passenger vessel at Namo Ghat in Varanasi. The vessel has been…
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Boat Test: 2026 Yamaha CrossWave
Boat Test: 2026 Yamaha CrossWave The CrossWave provides a stable platform whether riding or fishing. Courtesy Yamaha Watercraft Group Visit Yamaha Build Your Yamaha Find a Yamaha Dealer Overview If Yamaha’s new CrossWave WaveRunner wore clothes, it would sport an AFTCO fishing shirt over Gill boardshorts and Grundéns flip-flops. The CrossWave challenges the very notion…
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CMA CGM’s New Dual-Fuel Methanol Boxship Named in South Korea
CMA CGM’s New Dual-Fuel Methanol Boxship Named in South Korea The vessel will serve on routes connecting Asia, the Mediterranean and the Middle East. Go to ship&bunker
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Hoegh Autoliners Takes Delivery of Ammonia-Ready Ship
Hoegh Autoliners Takes Delivery of Ammonia-Ready Ship The company has added seven new ships to its fleet over the past 18 months. Go to ship&bunker
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MOL Seeks to Expand Marine Biofuel Use in China
MOL Seeks to Expand Marine Biofuel Use in China MOL expects biofuel demand to grow and is working with partners to secure a stable supply. Go to ship&bunker
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Numerous Bullish Signals Fail To Dent Oil’s Downward Trajectory
Numerous Bullish Signals Fail To Dent Oil’s Downward Trajectory Even the IEA has rethought its glut forecast for 2026. Go to ship&bunker
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IBIA Appoints New Americas Regional Board Chair
IBIA Appoints New Americas Regional Board Chair Frank Dahan has been appointed by IBIA’s global board to the position of chair of the Americas board as of December 11, replacing Adrian Tolson. Go to ship&bunker
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BTA, UKMPA and WA Release Landmark Gog Ropes Industry Advice
BTA, UKMPA and WA Release Landmark Gog Ropes Industry Advice Safety and Survival Go to workboat365
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ABB Powers Busan Port Authority’s First State-Owned All-Electric Ferry
ABB Powers Busan Port Authority’s First State-Owned All-Electric Ferry Electric Go to workboat365
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PIRIOU Delivers Six 27m “Surfer” Fast Crew Boats to Bourbon
PIRIOU Delivers Six 27m “Surfer” Fast Crew Boats to Bourbon Fast Crew Boats Go to workboat365
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BOS Power’s Battery Electric Propulsion System for New Ferry
BOS Power’s Battery Electric Propulsion System for New Ferry Battery Technology Go to workboat365
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Noble Corporation confirms divestment of six jackup drilling rigs
Noble Corporation confirms divestment of six jackup drilling rigs Jens Karsten Go to baird maritime
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Ukrainian drones strike Russia-linked tanker and Russian-owned oil platform
Ukrainian drones strike Russia-linked tanker and Russian-owned oil platform Video said to come from Security Service of Ukraine shows purported drone strikes on ’shadow fleet’ tanker Dashan, as verified by Reuters Jamey Go to rivieramm
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Video: US forces seize oil tanker off Venezuela
Video: US forces seize oil tanker off Venezuela Footage from US Attorney General Pam Bondi’s social media shows US soldiers boarding the vessel from a military helicopter Jamey Go to rivieramm
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Salvors remove WWII-era mooring platforms from sunken US Navy battleship Arizona
Salvors remove WWII-era mooring platforms from sunken US Navy battleship Arizona Will Xavier Go to baird maritime
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Animal welfare groups urge IMO to implement tighter livestock carrier regulations
Animal welfare groups urge IMO to implement tighter livestock carrier regulations Rafael Sanches Go to baird maritime
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South Korea’s newest fast naval patrol vessels floated out
South Korea’s newest fast naval patrol vessels floated out Jens Karsten Go to baird maritime
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Indian, Brazilian Navies ink submarine maintenance MOU with Mazagon Dock Shipbuilders
Indian, Brazilian Navies ink submarine maintenance MOU with Mazagon Dock Shipbuilders Will Xavier Go to baird maritime
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Norwind Offshore’s newest CSOV begins undergoing sea trials
Norwind Offshore’s newest CSOV begins undergoing sea trials Gareth Havelock Go to baird maritime
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A Week In The Pentagon – Chaos, Complexity and Hope
A Week In The Pentagon – Chaos, Complexity and Hope Editor’s Note: This is the longest piece gCaptain has ever published. 13,000 words. It’s messy in places, uneven in tone, and intentionally (Feed generated with FetchRSS) Defense Go to gcaptain
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U.S. Seizure of Shadow Fleet Tanker ‘Skipper’ Ends Years-Long Sanctions-Evasion Run
U.S. Seizure of Shadow Fleet Tanker ‘Skipper’ Ends Years-Long Sanctions-Evasion Run The U.S. Coast Guard seized the very large oil tanker SKIPPER off Venezuela’s coast on Wednesday, culminating a three-year enforcement saga involving (Feed generated with FetchRSS) Shipping Go to gcaptain
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U.S. Treasury Targets Maduro’s Inner Circle and Six Shipping Companies with Sweeping Sanctions
U.S. Treasury Targets Maduro’s Inner Circle and Six Shipping Companies with Sweeping Sanctions The U.S. Department of the Treasury’s Office of Foreign Assets Control announced sweeping sanctions Thursday targeting three nephews of Venezuelan (Feed generated with FetchRSS) News Go to gcaptain
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After Skipper Seizure, U.S. Prepares Wider Crackdown on Venezuelan Oil Tankers
After Skipper Seizure, U.S. Prepares Wider Crackdown on Venezuelan Oil Tankers The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan (Feed generated with FetchRSS) News Go to gcaptain
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JD Airlines takes delivery of first of two A330-200P2Fs from Titan Aviation
JD Airlines takes delivery of first of two A330-200P2Fs from Titan Aviation Titan Aviation Leasing (Titan), the joint venture between Titan Aviation Holdings, Inc. (a subsidiary of Atlas Air… Go to asiacargonews
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GEODIS, a global leader in transport and logistics, has announced the launch of Southeast Asia’s first cross-bo… Go to asiacargonews
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The Long Beach Board of Harbor Commissioners plans to take up the possible appointment of Noel Hacegaba as the… Go to asiacargonews
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SAL, SILZ sign deal to advance logistics ecosystem in Saudi Arabia
SAL, SILZ sign deal to advance logistics ecosystem in Saudi Arabia SAL Logistics Services (SAL), which offers cargo handling, logistics and supply chain services across Saudi Arabia, and… Go to asiacargonews
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The 32,000-deadweight heavy-lift vessel AAL HAMBURG recently transported 16 bulk-commodity barges, with a combined… Go to asiacargonews
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Rhenus and Avianca Cargo delivered historic helicopter transport from USA to Brazil
Rhenus and Avianca Cargo delivered historic helicopter transport from USA to Brazil December 11, 2025 Go to aircargoweek
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White paper: How stronger air cargo networks could unlock multi-billion dollar opportunities and healthcare cccess in Sub-Saharan Africa
White paper: How stronger air cargo networks could unlock multi-billion dollar opportunities and healthcare cccess in Sub-Saharan Africa December 11, 2025 Go to aircargoweek
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From Antelopes to Art: The most unusual DHL deliveries 2025
From Antelopes to Art: The most unusual DHL deliveries 2025 December 11, 2025 Go to aircargoweek
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Dafret has selected CargoCONNECT by CargoAi to power instant Quote & Book within its NaviRate system
Dafret has selected CargoCONNECT by CargoAi to power instant Quote & Book within its NaviRate system December 11, 2025 Go to aircargoweek
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Cargo iQ presents two new awards at Quality-Rally
Cargo iQ presents two new awards at Quality-Rally December 11, 2025 Go to aircargoweek
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Cumulative impact of energy ‘a risk to Shetland’s fishing fleet’
Cumulative impact of energy ‘a risk to Shetland’s fishing fleet’ by Martin Harvey Go to fishing news uk
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Seafish ‘to focus on fewer delivery areas’
Seafish ‘to focus on fewer delivery areas’ by Martin Harvey Go to fishing news uk
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Jersey ferry officer jailed over L’Ecume II collision
Jersey ferry officer jailed over L’Ecume II collision by Tim Oliver Go to fishing news uk
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IATA survey suggests ONE Record readiness
IATA survey suggests ONE Record readiness Survey data indicates 70% industry awareness of ONE Record, with 50% expressing implementation readiness as the standard becomes IATA’s preferred choice Go to aircargonews
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Authorities expose alleged cargo fraud schemes at JFK
Authorities expose alleged cargo fraud schemes at JFK The accused face bribery and money laundering charges over alleged schemes to secure cargo contracts at JFK airport Go to aircargonews
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Nippon Cargo Airlines and mas add new block space partnership
Nippon Cargo Airlines and mas add new block space partnership Nippon Cargo Airlines and mas have launched a block space agreement on their transpacific and North American operations Go to aircargonews
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ECS promotes Khalihamou to commercial director at EFIS Maroc
ECS promotes Khalihamou to commercial director at EFIS Maroc ECS Group has promoted Yousra Khalihamou to commercial director at EFIS Maroc as Morocco strengthens its cargo gateway position Go to aircargonews
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Nippon Cargo Airlines and mas add new block space partnership
Nippon Cargo Airlines and mas add new block space partnership Nippon Cargo Airlines and mas have launched a block space agreement on their transpacific and North American operations Go to aircargonews
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MACN launches anti-corruption initiative in Indonesia, Malaysia and Germany
MACN launches anti-corruption initiative in Indonesia, Malaysia and Germany Siemens-funded Transparent Trade Routes project to tailor interventions in three countries using a collective action approach. Gary Howard Go to seatrade maritime
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Six ships targeted in new US sanctions on Venezuela
Six ships targeted in new US sanctions on Venezuela OFAC targets the Venezuelan oil sector and six tankers linked to ‘deceptive and unsafe shipping practices’. Gary Howard Go to seatrade maritime
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Elevating women’s voices with Women in Ports
Elevating women’s voices with Women in Ports Women in Ports has big plans for 2026, targeting evidence-based solutions and skills for the future to boost ports sector diversity. Seatrade Maritime Go to seatrade maritime
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ICTSI signs 25 year-partnership to operate Durban terminal
ICTSI signs 25 year-partnership to operate Durban terminal Durban Container Terminal Pier 2 partnership set to launch after Maersk lawsuit dismissal. Michele Labrut Go to seatrade maritime
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Trusted data key to wind propulsion wider adoption
Trusted data key to wind propulsion wider adoption Shipowners are becoming more open to discussing wind propulsion as data beats back historical over-promising and under-delivering. Gary Howard Go to seatrade maritime
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Public-Private Partnership Develops First Methanol-Powered Cement Carrier
Public-Private Partnership Develops First Methanol-Powered Cement Carrier A new project supported by the Norwegian government, along with German shipping company Hartmann Group, will demonstrate new opportunities in sustain… The Maritime Executive Go to maritime executive
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Norway Approves Applications for Two Floating Wind Projects
Norway Approves Applications for Two Floating Wind Projects Norway’s Ministry of Energy reports that it will award two project areas in the Utsira Nord region off the coast of Stavanger after having reviewed t… The Maritime Executive Go to maritime executive
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Norwegian Ferry Overshoots Pier and Hits Old Post Office
Norwegian Ferry Overshoots Pier and Hits Old Post Office On Thursday, a ferry overshot its berth and crashed into an old building alongside the pier on the island of Herfol, Norway. At about 0930 hours on T… The Maritime Executive Go to maritime executive
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Saildrone Completes Pioneering Mapping Mission of Cayman Islands’ EEZ
Saildrone Completes Pioneering Mapping Mission of Cayman Islands’ EEZ Saildrone, the global leader in autonomous deep water mapping solutions, has completed its mission to map the exclusive economic zone (EEZ) of the Cay… The Maritime Executive Go to maritime executive
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Bananas Ahoy as Overboard Containers Wash Ashore
Bananas Ahoy as Overboard Containers Wash Ashore Five days after eight containers carrying bananas were washed overboard from the reefer ship Baltic Klipper in Southampton Water, bananas in the thous… The Maritime Executive Go to maritime executive
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BIMCO rolls out new FuelEU and ETS clauses for ship sale deals
BIMCO rolls out new FuelEU and ETS clauses for ship sale deals BIMCO has taken another step in helping owners and buyers navigate Europe’s tightening climate regulations by adopting new FuelEU Maritime and EU ETS clauses for inclusion in sale-and-purchase memoranda of agreement (MoAs). The world’s largest shipping association said the clauses are designed to…
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Hartmann and Heidelberg Materials link up on methanol-powered cement carriers
Hartmann and Heidelberg Materials link up on methanol-powered cement carriers Germany’s Hartmann Group has teamed up with Heidelberg Materials Northern Europe to develop a new methanol-powered pneumatic cement carrier for high-frequency coastal service in Norway. The project includes an option for a second vessel and marks a major step in decarbonising cement transport along the…
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Zamil Offshore takes over Remøy Shipping
Zamil Offshore takes over Remøy Shipping Saudi Arabia’s Zamil Offshore Services Company (ZOSCO) has taken a decisive step into the Norwegian offshore market with the acquisition of Remøy Shipping for an undisclosed sum.T The deal, which also includes Rem Stadt and RS Crewing, secures the future of Remøy Shipping after more than a century under…
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DeepOcean secures extended IMR deal with Equinor
DeepOcean secures extended IMR deal with Equinor DeepOcean has strengthened its long-standing ties with Equinor after securing an extension to its subsea inspection, maintenance and repair (IMR) frame agreement. The renewal will keep the ocean services provider busy through 2026 and into 2027, using specialised IMR vessels and a wide suite of subsea capabilities. The…
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Shell books Northern Ocean rig for Namibia campaign
Shell books Northern Ocean rig for Namibia campaign Northern Ocean has secured more work for its semisubmersible rig with the signing of a contract with a Shell subsidiary for the Deepsea Mira, which will start drilling offshore Namibia in April 2026. The deal covers one firm exploration well with an option for a second. The…
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Helm Operations marks 10,000 vessel milestone
Helm Operations marks 10,000 vessel milestone Victoria, B.C.-headquartered maritime software specialist Helm Operations reports that it has reached 400 customers and that more than 10,000 vessels and assets are now running on its flagship product, Helm CONNECT, worldwide. Helm says the milestone reflects the company’s expanding role as the operational foundation for fleets across towing,…
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Sabine Surveyors names new leadership after parent company shift
Sabine Surveyors names new leadership after parent company shift Houston-based Sabine Surveyors Ltd. announced organizational changes following a parent company transition from Gulf Copper & Manufacturing Corp. to Sabine Marine Group, effective December 1. The shift marks a new phase for the company as it adjusts its structure within the marine services industry. Capt. David…
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Q&A: Caterpillar Marine discusses the shift to cleaner workboat power
Q&A: Caterpillar Marine discusses the shift to cleaner workboat power As the maritime industry navigates the push toward decarbonization, vessel operators are weighing a complex mix of technologies, regulations and fuel options. Workboat operators, in particular, face tough choices as they balance performance, safety and cost while meeting emissions targets. To explore how this transition is unfolding, Marine Log spoke with Will Watson, product manager –…
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Big Beautiful Gulf 1 oil and gas lease sale generates $279.4M in high bids
Big Beautiful Gulf 1 oil and gas lease sale generates $279.4M in high bids The Department of the Interior today announced that the Bureau of Ocean Energy Management successfully conducted Lease Sale Big Beautiful Gulf 1, which is the first mandatory offshore oil and gas lease sale required under the One Big Beautiful Bill Act.…
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BP fires up 7th major project: First oil achieved two months ahead of schedule in US Gulf
BP fires up 7th major project: First oil achieved two months ahead of schedule in US Gulf BP has put into production mode an expansion project in the U.S. Gulf of America (Gulf of Mexico), as its seventh major upstream project that started up this year and the fifth to come online earlier than planned.…
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Shell handpicks Odfjell Drilling-managed rig for ops offshore Namibia
Shell handpicks Odfjell Drilling-managed rig for ops offshore Namibia UK-headquartered energy giant Shell has booked a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling, for drilling activities off the coast of Namibia, Africa. The post Shell handpicks Odfjell Drilling-managed rig for ops offshore Namibia appeared first on Offshore Energy. Melisa Cavcic…
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Methanol and shore power recipe to unlock Newcastle – Amsterdam green shipping corridor
Methanol and shore power recipe to unlock Newcastle – Amsterdam green shipping corridor Given the growing zest for specific routes where vessels employ low-emission propulsion, a new study has assessed the technical and commercial feasibility of introducing a green shipping corridor between Newcastle and Amsterdam. The post Methanol and shore power recipe to unlock Newcastle…
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TechnipFMC’s 100th Subsea 2.0 tree goes to Shell, the platform’s first customer
TechnipFMC’s 100th Subsea 2.0 tree goes to Shell, the platform’s first customer TechnipFMC has delivered its 100th Subsea 2.0 tree to UK-headquartered energy giant Shell, the […] The post TechnipFMC’s 100th Subsea 2.0 tree goes to Shell, the platform’s first customer appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Cascading container tonnage spreads structural overcapacity to secondary lanes
Cascading container tonnage spreads structural overcapacity to secondary lanes New analysis shows a systematic displacement of tonnage from primary to secondary trade lanes has occurred over the past two years, while a shortage of capacity is looming over the smaller shipping segment. Go to journal of commerce
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Reliance on contracts results in unused truckload, ocean capacity: study
Reliance on contracts results in unused truckload, ocean capacity: study A study commissioned by Freightos finds truckload shippers fail to use 70% of the contracted capacity they negotiate. Go to journal of commerce
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US container volumes set for weak 2026 amid ongoing trade uncertainty
US container volumes set for weak 2026 amid ongoing trade uncertainty S&P Global’s outlook for the transportation sector sees US ports facing a volume decline in 2026 with the potential for recovery in 2027. Go to journal of commerce
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World’s First Autonomous Passenger Ship To Begin Service In Japan
World’s First Autonomous Passenger Ship To Begin Service In Japan Image Credits: The Nippon Foundation Japan is set to begin service of the world’s first commercial autonomous passenger ship. The vessel, Olympia Dream Seto, will operate between Okayama city and Shodoshima island in western Japan. The ferry has been officially certified by the Japanese government…
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Ukraine Arrests Cargo Ship Involved in Illegal Shipment of Agricultural Products From Occupied Crimea
Ukraine Arrests Cargo Ship Involved in Illegal Shipment of Agricultural Products From Occupied Crimea Image Credits: SBU Ukrainian security officers have detained a foreign-flagged cargo vessel in the port of Odesa after investigators linked it to Russia’s so-called “shadow fleet” and to earlier illegal shipments of Ukrainian grain from occupied Crimea. The Security Service of…
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U.S. Completes First Offshore Oil And Gas Lease Sale Under One Big Beautiful Bill
U.S. Completes First Offshore Oil And Gas Lease Sale Under One Big Beautiful Bill Image for representation purposes only The United States Department of the Interior has completed its first mandatory offshore oil and gas lease sale under the One Big Beautiful Bill Act, generating $279,433,757 in high bids for 181 blocks across 80 million…