American Cruise Lines Christens American Patriot Vessel in Newport
American Cruise Lines christened American Patriot in Newport, Rhode Island last week—celebrating the holiday and simultaneously marking the countdown to the country’s 250th birthday on July 4, 2026. American Patriot is the first ship in the company’s new Patriot Class—a fleet of new 130-passenger ships designed for exclusively cruising the U.S.A. Patriot Class sister ships, American Pioneer, American Maverick…
Joint Statement on Red Sea Attacks From ICS, BIMCO, European Shipowners, INTERCARGO, INTERTANKO
In recent days, two ships have now been attacked in the Red Sea. One has sunk and the other has suffered extensive damage. These vessels have been attacked with callous disregard for the lives of innocent civilian seafarers and as an inevitable but terrible consequence, seafarers have been killed.We join with the IMO Secretary General in his denunciation of the attacks and we call on all stakeholders…
Four Dead, 15 Missing After Houthi Attack on the Eternity C
Rescuers pulled six crew members alive from the Red Sea on Wednesday and 15 were still missing from the second of two ships sunk in recent days in attacks claimed by Yemen's Iran-aligned Houthi militia after months of calm.Four of the 25 people aboard the Eternity C cargo ship were killed before the rest of the crew abandoned the vessel, which sank on Wednesday morning after being attacked on Monday and Tuesday…
Greek Shipping Companies Increase Security Inspections After Recent Blasts
Greek shipping companies calling at Russian ports are boosting their vessels' defences after a series of mysterious blasts in recent months have damaged tankers linked to Moscow's oil trade according to six Greek shipping and security sources.The measures include underwater inspections by divers to check for foreign objects, two of the Greek sources familiar with the strategy said.Western countries…
Kongsberg Ramps Up Maritime Defense Production to Meet Growing Demand
Norwegian engineering group Kongsberg is building up production capacity to meet growing orders for its defence products, especially missiles, as European nations bulk up their military spending.Kongsberg, which has customers in defence, aerospace, maritime, energy and fishing industries, booked orders worth 18.18 billion Norwegian crowns ($1.80 billion) in the second quarter, 5% more than last year…
Xeneta Ocean Container Shipping Market Update
Market average spot rates – July 8, 2025:Far East to US West Coast: USD 2673 per FEU (40ft container)Far East to US East Coast: USD 5151 per FEUFar East to North Europe: USD 3393 per FEUFar East to Mediterranean: USD 4197 per FEUNorth Europe to US East Coast: USD 1992 per FEUMarket average on the Transpacific trade from Far East to US West Coast accelerated its decline in the early days of July, down 18% from end-June and falling below the level seen in second half of May.
Turbulent First Half of 2025 Echoes Across Global Shipping, Veson Nautical Reports
New U.S. tariffs and escalating global trade tensions have reshaped vessel markets in the first half of 2025, curbing investment in some sectors while accelerating strategic orders in others, according to the Half-Year Market Report by Veson Nautical, a provider of maritime freight management solutions and data intelligence.The report states that U.S. trade policy changes hit vehicle carrier markets particularly hard…
Marlink’s Telemar, TNL Merge to Boost Maritime Digital Transformation
Marlink, a specialist in managed services for business-critical IT solutions, has signed a definitive agreement to merge its fully-owned subsidiary Telemar Group with TNL Group, the Athens-based maritime specialist in high-quality technical, navigation, and safety services to the Greek shipping industry.As a key component of Marlink Group’s Possibility Platform, the merged entity will be a top three player in the maritime and superyacht OT/IoT service market…
Coal Shipments Plummet 6%, China's the Driver
“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China and advanced economies slowed considerably, partly due to stronger electricity generation from renewables and to weaker steel production,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.In recent years, China has joined several of the world’s advanced economies in rapidly phasing out fossil fuels from its electricity generation…
E-CTV Aces Tryouts at Scottish Offshore Wind Farm
Artemis Technologies has demonstrated its latest electric crew transfer vessel (E-CTV) at Vattenfall's Aberdeen offshore wind farm, in partnership with Vattenfall, Tidal Transit, Lloyd's Register and the Offshore Renewable Energy (ORE) Catapult.The technical demonstration of a dual propulsion, 100% electric Artemis EF-12 CTV at an operational offshore wind farm marks a major milestone, showcasing the culmination of research…
Woodside Finds South Korean Partners to Advance LNG Value Chain
Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on liquefied natural gas (LNG) project development, engineering services and shipping logistics.The MoU will see the parties focus on advancing execution capability and extending their reach into priority LNG markets.The combination of Woodside’s success in LNG development…
IACS Highlights Progress on Digitalization and Decarbonization
The IACS Council met in Beijing last week (C91) to assess and advance the association’s progress on the safe decarbonization and digital transitions.C91 welcomed the Safe Digital Transformation Panel’s work undertaken to clarify IACS’ role in digitalization, cyber systems and marine autonomous surface ships, and in sharing these important conceptualizations with IMO at its FAL49 meeting earlier this…
eCap Marine to Provide Fuel Cell Power to European Newbuilds
eCap Marine has secured two contracts to supply hydrogen-based propulsion systems for zero-emission vessels. The Hamburg-based engineering specialist will deliver hydrogen fuel cell power solutions for bulk carriers for Møre Sjø and short-sea container vessels for Samskip.eCap Marine is one of the very few companies worldwide to have retrofitted a commercial vessel, the offshore supply vessel Coastal Liberty, with hydrogen-powered propulsion.
FMD Wins US Navy DDG(X) Engine Contract
Fairbanks Morse Defense Awarded Contract for FM 175D Engine to Support U.S. Navy’s DDG(X) ProgramFairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), won a contract to provide the U.S. Navy with an FM 175D high-speed diesel generator engine for integration into the DDG(X) land-based propulsion system test site, supporting the U.S. Navy’s goal of reducing design…
Hanwha Ocean Floating Turbine Receives ABS Approval
ABS issued approval in principle (AIP) to Hanwha Ocean for its new design of a semisubmersible-type floating offshore wind turbine.The design, named WindHive 15-H3, supports 15-megawatt (MW) turbines on three hexagonal columns. ABS completed design reviews based on class and industry requirements.“Floating offshore wind power is set to play a critical role in the world’s future energy landscape, and…
IMO Secretary-General Urges “constructive dialogue” Following Red Sea Attacks
IMO Secretary-General Arsenio Dominguez has called for intensified diplomatic efforts following a renewed wave of attacks on merchant ships in the Red Sea.IMO Secretary-General Arsenio Dominguez has called for intensified diplomatic efforts following a renewed wave of attacks on merchant ships in the Red Sea. Addressing the IMO Council in London, Dominguez expressed dismay over recent assaults on the Magic Seas and Eternity C, both targeted on 6 and 7 July.
Fincantieri Introduces FREMM EVO Frigates for the Italian Navy
The laying ceremony of the first of the two new-generation FREMM “EVOLUTION” (“FREMM EVO”) Frigates for the Italian Navy took place today at the Fincantieri shipyard in Riva Trigoso. The delivery of the unit is scheduled for 2029.The ceremony was attended by Fulvio Palermo, Head of Project Management for the Naval Vessels Department, and Antonio Quintano, Director of the Integrated Plant in Riva Trigoso-Muggiano…
Boston Harbor City Cruises Selected to Continue As Operator of the Massachusetts Bay Transit Authority Ferry Services
Boston Harbor City Cruises, a part of the global Hornblower Group, announced its selection by the Massachusetts Bay Transportation Authority (MBTA) to continue as the operator of the region’s premier ferry services connecting communities across Boston and the Massachusetts Metro Region.This selection follows a comprehensive public proposal and evaluation process in which Boston Harbor City Cruises…
RIBCRAFT Delivers Patrol Boat to Coventry, RI Police Department
Coventry, Rhode Island recently took delivery of a 19’ RIBCRAFT 5.85 for their police department. This specialized RIB enhances their patrol and response capabilities while providing a safe platform for public safety efforts during on-water events. Located in the Pawtuxet River Valley, the department primarily operates on Johnson’s Pond but needed a vessel that could easily be towed to other waterways in town as needed.
Crowley Vessels Awarded for Commitment to Safety
The Chamber of Shipping of America has recognized 57 Crowley-owned or -managed vessels with its Jones F. Devlin Safety Awards, honoring the achievements and hard work of crews that together completed a total of 478 years without a lost time injury.The Jones F. Devlin Safety Award honors the commitment of people and companies responsible for long-term operational safety, recognizing vessels that have operated for at least two consecutive years without a crew member losing time due to injury.
