Therefore News

The 34-year-old livestock carrier ship Blue Ocean A, flying the flag of Saint Kitts and Nevis, has been detained at the Italian Port of Cagliari after a port state control inspection found 54 irregularities, 30 of which were considered serious.The vessel nearly ran aground on January 29 off San Pietro Island due to a main engine failure while carrying 33 crew members.The inspection revealed problems with firefighting and life-saving equipment, bridge systems, crew emergency training…

"During the first six weeks of 2026, global bulk grain shipments have jumped 15% y/y, supported by a 30% y/y surge in soya bean shipments and a 17% increase in wheat shipments. Record harvests in the Southern Hemisphere are boosting exports while North America has continued to ship its high export surplus. The trade agreement between the US and China further boosted volumes, contributing to a 26% y/y increase in US soya bean shipments and a resumption of sorghum shipments,“ says Filipe Gouveia, Shipping Analysis Manager, BIMCO.Weather conditions in the Southern Hemisphere have been favourable. Brazil’s ongoing soya bean harvest is expected to rise 5% y/y, reaching a record high of 180m tonnes, equivalent to 42% of the world’s production, according to the US Department of Agriculture.

Copenhagen Atomics has successfully completed two years of continuous operation of a molten salt pump and test loop at its facilities in Copenhagen. The system has been running without issues under high-temperature molten salt conditions, marking one of the longest continuous durability tests of its kind worldwide.Molten salt reactors rely on pumps to circulate liquid fuel or coolant at temperatures exceeding 600 °C for years at a time. Demonstrating long-term, stable pump operation…

Seatrium, through its wholly owned subsidiary Jurong Shipyard, has started arbitration proceedings against Petrobras Netherlands in connection with a legacy contract for the conversion of the P-54 floating production, storage and offloading vessel (FPSO).The dispute relates to a settlement agreement reached in 2008 following amendments to the original 2004 contract. Under the settlement, Petrobras Netherlands agreed to pay Jurong Shipyard a close-out amount of $152.3 million,…

Norway's parliament on Thursday rejected a proposal to block Equinor's plan to supply electricity to its Hammerfest liquefied natural gas (LNG) plant from the region's power grid, allowing the ongoing development to continue.Opposition parties had sought to revoke the LNG plant's planned link to the power grid, but the motion failed when the Socialist Party withdrew its support for the plan, calling it "in practice unlawful".A total of 48 members of parliament, known as the Storting, backed the opposition's proposal while 54 voted against."For Equinor and our partners, it is crucial to be able

In December, Hydrex demonstrated their ability to mobilize anywhere in the world, carrying out a complex underwater propeller repair on a container vessel at anchorage off Pointe Noire, Republic of Congo.Following reports of a possible grounding incident, an underwater inspection revealed deformation to all six blades of the vessel’s fixed-pitch propeller. With no immediate access to drydock facilities in the region and schedule commitments to maintain, the company was contacted…

In the 1990’s, my father was asked to attend a side shell damage on a US Navy vessel. The damage was caused by assist tug hard contact. He surveyed the damage and came back to the office to write it up. His partner Harry Ottaway saw my Dad’s commercial damage repair estimate, and said: “Henk it is a Navy ship. Double it, and double it again”. He did and came pretty close to the Navy’s claimed repair cost.This was not a complex damage, and in actual repair process was no different than the repair of a commercial vessel side shell damage…

This week, a US federal judge cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which US President Donald Trump's administration halted along with four other projects last month.The halt was costing Orsted $1.5 million a day, noted the judge.The project is now expected to begin generating power later this year.Also this week, Ireland-based clean energy company ETFuels joined the SASHA Coalition, a collaboration that aims…

Experts from the EU CLEANSHIP project have documented that the use of biodiesel of the type B100 FAME in real sailing can reduce black carbon emissions by up to 81 percent at low engine load and up to 61 percent at high engine load compared to traditional marine gas oil, MGO.The measurements with 100 percent biofuel were made during a three-day voyage on the vessel Falstria Swan from Uni-Tankers. The collected data has been analyzed and compared with baseline measurements made with conventional diesel on the same vessel.An advanced…

Responding to the UK Government’s announcement on the results of the Contracts for Difference Allocation Round 7, Neil Gordon, chief executive of Global Underwater Hub (GUH), said:“The award of a record 8.4GW of offshore wind capacity through AR7 is a positive step for the UK. It will play a critical role in delivering the country’s net-zero and clean energy ambitions, while also supporting supply chains, sustaining jobs and driving wider economic benefit.“Within this overall outcome, the inclusion of two floating offshore wind projects, Pentland and Erebus are particularly encouraging.

WiseTech Global and Tailwind Shipping Lines, a subsidiary of Lidl, one of Europe’s largest retailers, have announced direct data integration to enable freight forwarders to plan, book, confirm and manage shipments in real-time from within the CargoWise logistics execution platform.Tailwind Shipping Lines operates three liner services which connect key regions across the world: the Panda Express Service (PAX) between China and the Mediterranean; the Tiger Express Service (TEX) between Bangladesh…

Finnish police said on Monday they had lifted the seizure of a ship which had been held on suspicion of sabotaging an undersea telecoms cable running from Helsinki to Estonia across the Gulf of Finland, although the investigation continues.The Baltic Sea region is on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022, and NATO has boosted its military presence with frigates, aircraft and naval drones.Finland seized the Fitburg cargo ship on December 31 while en route from Russia to Israel…

“100 days ago, on 29 September, the Minervagracht was to become the last ship to be attacked by the Houthis, at least for now. Forty-three days later, the Houthis declared an end to their attacks on ships. Despite this, traffic through the Suez Canal have not significantly increased and in the first week of 2026 remained 60% below the corresponding week in 2023, before ships started diverting around the Cape of Good Hope,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.According to Lloyd’s List, the Houthis have attacked or hijacked ships 99 times since November 2023.

As offshore wind rises to meet ambitious climate goals, balancing the need for infrastructure with maintaining biodiversity has become a pressing challenge. One innovative, recent example is the installation of the UK’s first nearshore artificial nesting structures, designed to safeguard seabirds while enabling the development of the world’s single largest offshore wind farm.Hornsea 3, developed by Ørsted, plays a critical role in the UK’s clean energy transition. Yet the project faced a significant environmental challenge by needing to protect the black-legged kittiwake…

Throughout 2025 we have seen the subsea vessel market transitioning from a period of record highs towards a more cautious, but still fundamentally strong, outlook. While short-term activity and rates have softened in the latter part of the year, long-term demand - driven by deepwater projects and global energy infrastructure- remains robust. The market is watching closely how the influx of newbuilds and ongoing corporate consolidation will shape competition and vessel availability…

It’s trite (but true) to say that in the maritime industry’s quest to cut emissions, there is no ‘silver bullet’ solution, rather a series of small step changes that cumulatively add up over time. Maritime Matters: The Marinelink Podcast, recently hosted Giuseppe Gargiulo, Head of Newbuildings, MSC and Daniel Bischofberger, CEO, Accelleron, to specifically discuss the development and delivery of Accelleron’s FITS2 technology, and automation technology built with MSC and premised on Accelleron’s cumulative 100+ years of turbocharger experience.

U.S. President Donald Trump ordered on Tuesday a "blockade" of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to increase pressure on Nicolas Maduro's government, targeting its main source of income.It is unclear how Trump will impose the move against the sanctioned vessels, and whether he will turn to the Coast Guard to interdict vessels like he did last week. The administration has moved thousands of troops and nearly a dozen warships - including an aircraft carrier - to the region."For the theft of our Assets…

US Coast Guard and Maritime Transportation Subcommittee Chairman Mike Ezell (R-MS) chaired a hearing, entitled “Changes in Maritime Technology: Can the Coast Guard Keep Up?” on Tuesday.The maritime industry is undergoing a rapid period of transformation, including the adoption of autonomous technology and robotics that could transform the sector, as well as threats from drones and cyber-attacks that require increased vigilance.Ezell introduced the hearing saying: “Last February…

The Documentary Committee of BIMCO has adopted a FuelEU Maritime Clause and an ETS Clause for incorporation into Memoranda of Agreements (MoAs) for the sale and purchase of ships.The FuelEU Maritime Regulation and the EU Emissions Trading System (EU ETS) impact the sale and purchase of ships, and the clauses have been developed to help provide certainty for both parties during the process.“Regulations such as the FuelEU Maritime and EU ETS are complex and reshape our industry. Therefore, contractual clarity is essential.

The third quarter of this year has broken all records when it comes to the most loaded containers transported to or from major Danish ports.Containerized goods equivalent to 137,000 TEU containers arrived at a Danish port in the third quarter, while in the other direction, containerized goods equivalent to 122,000 TEU were shipped out of Danish ports.The majority of containers to and from Denmark go via APM Terminals' container terminal in Aarhus, where there has also been a significant increase during 2025.The increase in volumes is due…

Between January and November 2025, the capacity of bulker newbuilding contracting has fallen 54% y/y to 25m DWT, reaching its lowest level since 2020. Consequently, the dry bulk orderbook is now 4% smaller than a year ago, accounting for 11% of the dry bulk fleet.“Contracting has likely eased due to a cloudy market outlook,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.The number of ships contracted has seen an even steeper decline, down 61% y/y so far in 2025. Only 281 ships have been ordered, the lowest number since 2016.

Sweden will choose a supplier for its multi-billion Swedish crown acquisition of four new frigates early next year, the defence minister said on Monday.Sweden is in an intense buildup of its forces in the wake of Russia's invasion of Ukraine and is looking to increase its navy fleet with bigger ships."I think and I hope that we can make a decision by early next year in regards to our new frigates program," Swedish Defence Minister Pal Jonson told a news conference with the French…

The shipping industry has always been good at navigating uncertainty; however the rapid expansion of the shadow fleet represents a different kind of risk. It’s not just regulatory or geopolitical; it’s informational. Each vessel that goes dark removes a small piece of the world’s safety awareness, and that loss is beginning to matter, writes Yarden Gross, CEO and Co-founder of Orca AI. A parallel system moving out of sightConcern over the shadow fleet’s growth is now being voiced at senior industry level.