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18 Mar 2024

IMO to Open Regional Office in Fiji

Source: IMO

The IMO will open its seventh Regional Presence Office (RPO), in Suva, Fiji, after IMO Secretary-General, Arsenio Dominguez, and Fiji Minister for Transport, Ro Filipe Tuisawau, signed a Memorandum of Understanding on March 18.The Regional Presence Office will support the maritime needs and priorities of countries in the Pacific Islands region, aligning IMO actions with national and regional development policies, while providing advice on key maritime issues such as training, safety and security, legislation and marine environment.

18 Mar 2024

Gondan Cuts First Steel for New USV for Major Industry Alliance

(Credit: Gondan Shipbuilders)

Spain-based Gondan Shipbuilders has started the construction of an advanced remotely operated unmanned surface vehicle (USV) for a company made up of DeepOcean, Solstad and Østensjø Rederi alliance called USV A/S.The project focuses on improving subsea operations, targeting a reduction of CO2 emissions by more than 90% compared to conventional methods.The new USV will be used for underwater maintenance and inspection missions.Designed by Salt Ship Design, the vessel will feature a hybrid diesel-electric propulsion system


05 Mar 2024

Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

© vladsv / Adobe Stock

Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said.The sale process comes a decade after the state investment firm set up Pavilion Energy to focus on LNG-related investments, and takes place as spot Asian LNG prices LNG-AS have fallen more than 40% since mid-August, potentially weighing on the deal's valuation.Temasek is evaluating bids for the sale of Pavilion Energy's assets


27 Feb 2024

Record Year for Wind Farms Raises Hope for EU Goals

Source: WindEurope

A record year for building new wind farms and a rebound in investments in the sector have raised hopes that the EU may achieve its clean energy targets, industry group WindEurope said on Wednesday.In an annual report, WindEurope described 2023 as a year of "significant improvements" in key areas of Europe's wind energy sector, which struggled in 2022 with soaring inflation, interest rates and volatile energy markets after Russia invaded Ukraine.Investments in European offshore wind last year jumped to 30 billion euros, up from the scant 0.4 billion euros that were invested in 2022.

26 Feb 2024

Spain's Ports See Goods Traffic Rise as Red Sea Crisis Continues

© donvictori0 / Adobe Stock

The volume of goods moving through Spain's top ports rose by as much as 25% in January as attacks on shipping in the Red Sea caused companies to divert Europe-bound vessels around southern Africa instead.Spain's northern ports have also seen volumes in transit jump by up to triple as traders opt to avoid moving goods by truck through Europe because of widespread blockades by farmers, Spanish retail and food industry association Aecoc says.Ports such as Las Palmas in the Canary Islands and Barcelona saw a 25.4% and 7.6% increase in the volume of merchandise respectively


26 Feb 2024

Eighth 24,188 TEU Ship Joins OOCL's Fleet

OOCL Abu Dhabi (Photo: OOCL)

Hong Kong based ocean carrier Orient Overseas Container Line Ltd. (OOCL) announced it has taken delivery of its eighth 24,188 TEU containership, OOCL Abu Dhabi.The vessel is the fourth in a series of six 24,188 TEU newbuilds to be delivered to OOCL by the Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard in China. The ultra large containership is 400 meters long and 61.3 meters wide.OOCL Abu Dhabi was officially named during a ceremony at the shipyard on February 25.

20 Feb 2024

Sanmar Delivers Another Tug for Boluda Towage

(Photo: Sanmar)

Sanmar reports it has delivered another tugboat to Boluda Towage, marking the third delivery from the Turkish shipbuilder and operator to Spain-headquartered maritime service provider in three months’ time.The delivery of Boğaçay LXVII, to be renamed VB Tragen by its new owner, follows the sale and delivery of two former Sanmar fleet tugs - VB Horus and VB Amon – to Boluda Towage in November last year.VB Tragen has been delivered to support Boluda Towage’s services for liquefied natural gas (LNG) operations in Germany.

15 Feb 2024

Tobago Oil Spill Spreading to Grenada

(Photo: Office of the Chief Secretary)

An oil spill that has stained Tobago's coastline in the Caribbean is entering into Grenada's waters and could impact neighboring Venezuela, Tobago's Chief Secretary Farley Augustine told Reuters on Thursday.Eight days after Trinidad and Tobago's Coast Guard first spotted the oil from a capsized vessel whose owner and origin have not been confirmed, portions of the stain have moved about 144 km (89 miles) into the Caribbean Sea at a rate of 14 km per hour, Augustine said."It has now entered Grenada's territorial waters


12 Feb 2024

Spanish Police Seize Eight Tonnes of Cocaine

© Jezper / Adobe Stock

Spanish police seized eight tonnes of cocaine from Suriname hidden in a container disguised as a power generator in the southern port of Algeciras, tax authorities said on Monday.The haul of cocaine, one of the largest ever intercepted in Spain, was inside a metal structure designed to escape detection from scanners.But customs agents detected a large quantity of stacked goods that practically filled the container, so they forced it open.The drug smugglers had planned a route designed to make the discovery of the cargo's true contents as difficult as possible.

12 Feb 2024

BAR Tech Signs European Supplier for Wind Propulsion Systems

(Credit: BAR Technologies)

BAR Technologies, a developer of wind propulsion systems, has entered into partnership with floating offshore wind platforms pioneer Nervion Naval Offshore to manage and oversee the production of BAR Technologies’ wing sail design WindWings in Europe.The agreement with Nervion, a company owned by Amper Group and with factories in Ferrol and As Somozas in Galicia, Spain, is the first manufacturing partnership for BAR Technologies outside of China.It is expected to provide European customers


06 Feb 2024

Ocean Infinity Invests in RAD Propulsion

(Photo: RAD Propulsion)

Marine electric product company RAD Propulsion announces that it has secured £1,000,000 investment from Ocean Infinity, a marine technology business that deploys innovative robotic and autonomous vessel solutions.The investment is part of a raise round to facilitate RAD’s rapid operational scale up as its RAD 40 electric drive goes into mass production. This year, RAD will see its products become available to OEM partners around the world, with new product development underway too.

01 Feb 2024

Philippines Plans to Buy Submarines to Defend Sovereignty in South China Sea

© Darren Green / Adobe Stock

Philippines President Ferdinand Marcos Jr has approved the third phase of the military's modernization, which includes the purchase of the country's first submarine, in order to defend its maritime sovereignty in the disputed South China Sea.Navy spokesperson for the West Philippine Sea, Roy Trinidad, said on Thursday the third phase of modernization reflected a shift in strategy away from internal to external defense."We may not be a large navy...but we would have a navy that will take care of our territorial rights and sovereignty


30 Jan 2024

bound4blue to Install Its eSAIL on Cargo Vessel Newbuild

(Image: Cotenaval)

bound4blue reports it has been selected to install a 22-meter-high eSAIL on board the newbuild multipurpose cargo vessel Na Pae E Hiro, helping shipowner SNA TUHA’A PAE (SNA) reduce energy consumption by 10%. Launching in 2026, the trailblazing ship will mix green technology with an ambition to accelerate development of the remote Austral Islands, carrying both vital supplies and up to 200 tourists on its voyages from Tahiti to the South Pacific archipelago.The eSAIL, designed for both retrofits and newbuilds, is a ‘suction sail’.

24 Jan 2024

Ukraine's Black Sea Grain Export Success Tested by Red Sea Crisis

© wifesun / Adobe Stock

Ukraine has managed to boost its Black Sea grain exports to a level not seen since before Russia's invasion, although the Red Sea shipping crisis poses a new challenge to its crucial agricultural trade.Kyiv's success in replacing a UN-backed Black Sea export deal with its own shipping scheme has brought relief for Ukrainian farmers and importing countries while representing a naval breakthrough for Ukraine's military as a land counteroffensive has stalled.The export turnaround


22 Jan 2024

Two US Navy SEALs Died Raiding Vessel in Gulf of Aden

(Photo: U.S. Central Command)

Two U.S. Navy SEALs who went missing in the Gulf of Aden earlier this month during a raid on a boat carrying Iranian weapons have not been located following an exhaustive search and their status has been changed to deceased, military officials said on Sunday.The SEALs were reported missing after boarding the vessel in a Jan. 11 operation near the coast of Somali, the U.S. Central Command said on X.“We mourn the loss of our two Naval Special Warfare warriors, and we will forever honor their sacrifice and example. Our prayers are with the SEALs’ families, friends, the U.S.

17 Jan 2024

Italy Pushes for Quick Decision on EU Maritime Red Sea Force

© aerial-drone / Adobe Stock

Italy would like a political decision made to create an EU maritime security mission for the Red Sea by next week so that it can become operational as soon as possible, its foreign minister said on Wednesday.European Union member states gave initial backing on Tuesday to the mission to protect ships from attacks by Yemen's Iran-aligned Houthi militia in the Red Sea on concern that disruption in one of the world's top trading arteries could hit the global economy.A U.S.-led mission is already operating in the region.The objective of EU states was to establish their mission by Feb.

17 Jan 2024

EDF Backed EUROGUARD Project Sets Sail in Estonia

(Photo: Baltic Workboats)

The European Defense Fund (EDF)backed EUROGUARD project has officially kicked off in Estonia as Europe seeks to bolter its sea defense capabilities.The project's primary objective is to develop a modular and semi-autonomous surface vessel platform equipped with a remote control system. The initiative aims to enhance Europe's maritime defense capabilities while promoting cooperation and innovation in the field.The collaborative venture involves 23 companies and research institutions from 10 EU member states


16 Jan 2024

Another Ship Hit in the Red Sea

© ID1974 / Adobe Stock

Disruptions to Red Sea shipping caused by Houthi attacks will push up prices of consumer goods, an executive from port and freight operator DP World said on Tuesday as a missile struck another vessel in the region.The Iran-allied Houthi militia has threatened to expand its attacks to include U.S. ships in response to American and British strikes on its sites in Yemen.Attacks by the Houthis on ships in the region since November have impacted companies and alarmed major powers - an escalation of Israel's more than three-month-old war with Palestinian Hamas militants in Gaza.

11 Jan 2024

DFDS Completes FRS Iberia/Maroc Acquisition

(Photo: DFDS)

DFDS has completed its acquisition of FRS Iberia/Maroc, a short-sea ferry company connecting Spain and Morocco via the Strait of Gibraltar.“We are excited to start the integration of FRS Iberia/Maroc and look forward to applying our joint capabilities to grow the business while continuing to provide reliable, efficient ferry services to both passengers and freight customers,” said Torben Carlsen, CEO of DFDS.Reporting preliminary revenue of DKK 1.0bn for 2023, FRS Iberia/Maroc has three routes operated by a total of 850 staff of which just over 400 are own employees.

02 Jan 2024

Great Ships of 2023: Icon of the Seas

Icon of the Seas (Photo: Royal Caribbean Group)

“Turku is building the real big ships,” said Meyer Turku CEO Tim Meyer.Meyer is not exaggerating. The yard’s latest newbuild, Icon of the Seas—the first ship of Royal Caribbean’s Icon class—is 248,655 GT, making it the largest cruise ship ever constructed.In general, the cruise ships rolling out of the nearly 300-year-old Finnish shipyard have been steadily increasing in size since the Meyer Group took full ownership in 2015. “We are proud to say Turku has been a first-mover in building these big new classes for Royal Caribbean


28 Dec 2023

US Allies Reluctant on Red Sea Task Force

The Arleigh Burke-class guided-missile destroyer USS Laboon (DDG 58) prepares to depart Rota, Spain, December 11, 2023. Laboon is on a scheduled deployment in the U.S. Naval Forces Europe area of operations, employed by the U.S. 6th Fleet to defend U.S., Allied and partner interests. (Photo: Alice Husted / U.S. Navy)

U.S. President Joe Biden hoped to present a firm international response to Yemen's Houthi attacks on Red Sea shipping by launching a new maritime force, but a week after its launch many allies don't want to be associated with it, publicly, or at all.Two of America's European allies who were listed as contributors to Operation Prosperity Guardian - Italy and Spain - issued statements appearing to distance themselves from the maritime force.The Pentagon says the force is a defensive


28 Dec 2023

Germany in Talks with EU Partners on Red Sea Maritime Mission

© Denys Yelmanov / Adobe Stock

Germany and its European Union partners are examining whether they could mount a new maritime mission to protect commercial vessels under threat of attack in the Red Sea, a foreign ministry spokesperson said on Thursday."We as the German government are ready for this. It is important that we as the EU are able to act as quickly as possible in view of the ongoing attacks," the spokesperson said, adding that a decision on the matter had not yet been taken.The Iran-backed Houthis have attacked or seized a dozen ships with missiles and drones since Nov.

21 Dec 2023

Valaris Takes Delivery of Two New Drillships

Credit: Valaris

Offshore drilling company Valaris has taken delivery of newbuild drillships VALARIS DS-13 and DS-14 for an aggregate purchase price of approximately $337 million.VALARIS DS-13 and DS-14 will be mobilized from South Korea to Las Palmas in Spain, where the rigs will be stacked until they are contracted for work.The purchase of the rigs is expected to increase the company’s fourth quarter 2023 capital expenditures by approximately $355 million, representing the purchase price for the rigs and costs associated with preparing the rigs to mobilize from South Korea to Las Palmas


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