2025: Fascinated with Subsea Discovery
Our fascination with the depths of the ocean revealed itself in some of our most-read stories of 2025.What’s really down there? asked New Wave Media President Greg Trauthwein in his interview with Matt Grove, Regional Segment Manager Offshore at Seequent in September, in the most watched Offshore Engineer TV show.Working underneath the world’s waters is a challenge in and of itself, a challenge exacerbated…
Venezuela Authorizes Two Unsanctioned VLCCs to Depart
Venezuela on Thursday authorized two very large crude carriers (VLCC) to set sail for China, according to two sources familiar with Venezuela's oil export operations, which would be only the second and third supertankers to depart the country since the U.S. seized a ship carrying Venezuelan oil last week.The U.S. has said it would not allow vessels under sanction to leave Venezuelan waters. The departing tankers…
Federal Maritime Commission Recognizes National Shipper Advisory Committee Members
The Federal Maritime Commission acknowledges the service of the members of the National Shipper Advisory Committee (NSAC). Since October 2021, NSAC’s members have provided information and perspectives on conditions in the ocean freight delivery system. NSAC’s meetings and recommendations have assisted the Commission on a range of matters related to international ocean transportation.NSAC will continue…
SAAM Towage Certifies its Brazil Operations Carbon Neutral
For the third consecutive year, SAAM Towage obtained the PAS 2060 international certification in Brazil, which certifies the carbon neutrality of its operations in that country.In addition to operational actions to reduce the intensity of Scope 1 and 2 emissions, carbon credits were purchased to offset 100% of these emissions.This progress encourages SAAM to continue deepening its efforts in energy efficiency and environmental management…
Britain Imposes Sanctions on Russia's Energy Sector
Britain imposed sanctions on Thursday on more Russian oil companies and Canadian-Pakistani billionaire Murtaza Lakhani as part of efforts to ramp up pressure on Moscow over the war in Ukraine.The government targeted 24 individuals and entities, including what it described as Russia's largest remaining unsanctioned oil companies: Tatneft, Russneft, NNK-Oil and Rusneftegaz.The latest measures aim to make it harder for Russia to trade its oil globally. In October, Britain and the U.S.
US Imposes Sanctions Iranian Oil Shadow Fleet
The United States imposed sanctions on Thursday on 29 vessels and their management firms as Washington targeted Tehran's "shadow fleet", which it says exports Iranian petroleum and petroleum products.The targeted vessels and companies have transported hundreds of millions of dollars of the products through deceptive shipping practices, the U.S. Treasury said.The shadow fleet refers to ships that carry oil that is under sanctions.
Poland Allocates 3.4 GW Capacity in Offshore Wind Auction
Poland allocated 3.4 gigawatts (GW) of capacity in its first competitive offshore wind auction, the country's energy regulator URE said on Thursday, a boost for the renewable energy sector after setbacks in neighbouring markets.The auction was seen as a test of investor confidence in offshore wind, coming after U.S. President Donald Trump's opposition to renewables effectively froze the U.S. market and recent auctions in Denmark…
Corvus Energy Secures Record Order for Seven Fully Electric CMAL Ferries
Corvus Energy, a provider of zero-emission energy solutions for the maritime industry, has received a record order from Remontowa Shipbuilding in Poland for the supply of battery systems for seven new fully electric ferries for Scottish Government owned Caledonian Maritime Assets Limited (CMAL) in Scotland.This marks the largest contract in Corvus Energy’s history, measured in USD value, and represents a milestone in advancing clean…
Nereida Energy to Supply Maritime Battery Systems for Fjord Ferries
Nereida Energy has signed its first contract to supply maritime battery systems with a total capacity of 17MWh to Frydenbø Elmarin. The systems will be installed on two ferries owned by Vestlandske Trafikk, which will be converted to electric propulsion for operation in the Geirangerfjord starting summer 2026. The Geirangerfjord is part of the UNESCO World Heritage Site, and from January 2026, strict requirements for zero-emission vessels will come into effect.
DOF Bags Multiple Vessel Deals with Petrobras in Brazil
Norwegian offshore supply vessel owner DOF Group has secured seven new contract extensions with Petrobras for its offshore support vessels (OSVs) in Brazil, valued over $160 million.Five of DOF's Brazilian-flagged anchor handling tug supply (AHTS) vessels, all with ROVs on board, including Skandi Fluminense, Skandi Paraty, Skandi Angra, Skandi Urca and Skandi Iguaçu, have had their current contracts…
Oshima Bulk Carrier Design Earns ClassNK Approval for Alternative Fuels
Japan’s ClassNK has issued an approval in principle (AiP) for a bulk carrier concept developed by Oshima Shipbuilding that is designed to be ready for multiple alternative fuels, including ammonia, methanol and liquefied natural gas (LNG), as well as onboard carbon capture and storage (OCCS).The approval confirms the technical feasibility of the vessel from a regulatory and safety perspective and reflects…
Fuel Gas Supply Systems Launched for Next-gen Marine Engines
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) launched a new high-pressure fuel gas supply systems (FGSS) specifically designed to power the next generation of cleaner, more efficient ships with lower emissions and greater efficiency.Nikkiso CE&IG’s innovation in FGSS is engineered to deliver and sustain pressures well beyond today’s standards of 380-420 bar, regardless of fuel source…
ESG Launches Escort Tug for Saltchuk
Eastern Shipbuilding Group (ESG) launched the first of the four Saltchuk escort tugs.“We are proud to advance this important project for Saltchuk Marine and look forward to continued progress as we move toward delivering these high-quality escort tugs,” said Joey D’Isernia, CEO of Eastern Shipbuilding Group, Inc. “These four vessels set a new maritime standard that will positively impact the industry by meeting new rigorous environmental requirements.” said Jason Childs…
Container Vessels: Return to Suez Canal Looms Large
"Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that average market conditions in 2026 will be like those in 2025 but 2027 could see slightly weaker market conditions. We forecast ship demand growth of 2.5%-3.5% in both 2026 and 2027 while supply is estimated to grow 3% in 2026 and 3.5% in 2027,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.
VARD Forms Research and Innovation Partnership with NORCE
VARD has recently signed an agreement (MoU) with the major Norwegian research institute NORCE, establishing a strategic partnership to cooperate on research and innovation.The agreement encompasses topics such as design, construction, on board and underwater maintenance and drone technology for ships and subsea technology, with particular focus on the planned standardized vessels of the Norwegian Navy.
Cadeler Launches 11th Offshore Wind Installation Vessel in China (Video)
Danish offshore wind installation firm Cadeler has launched its Wind Ace wind turbine installation vessel (WTIV) newbuild at the COSCO Qidong yard in China.With the launching complete, Wind Ace has moved into the final construction phase, which entails installation of the remaining leg sections, the main crane, and the start of commissioning activities.According to Cadeler, Wind Ace A-Class WTIV will be delivered to the company in 2026…
Ukrainian Drones Hit Tanker in Russia's Rostov Port
Ukrainian drones hit a tanker in the southern Russian port of Rostov-on-Don, killing and injuring a number of people and sparking a fire, the city's mayor was quoted as saying early on Thursday."Emergency teams are extinguishing the fire on the tanker that was struck while docked in a drone attack," Russian news agencies quoted Skriabin as saying."A leak of oil products was avoided.
Woodside's Meg O’Neill to Serve as Next CEO of BP
The bp Board has appointed Meg O’Neill as bp’s next CEO effective April 1, 2026.Murray Auchincloss is stepping down from his position as CEO and director of the Board, effective December 18. Carol Howle, current executive vice president, supply, trading & shipping of bp, will serve as interim CEO.O'Neill is the first CEO to be appointed by BP from outside of the company and the first female to lead any of the top five oil companies in the world.
ESAB Launches New Tracfinder Battery-Powered Welding Tractors, Cobot Welding System
To help metal fabricators improve productivity, quality and workforce needs, ESAB has launched its new Tracfinder Rail and Tracfinder Wheel series of battery-powered welding tractors and unveiled its newly branded ROBBI Mobile cobot welding system. ROBBI is now available with the Aristo Edge 500R power source and RoboFeed Edge robotic wire feeder, which offer next-generation capabilities. Compared to manual welding…
Inocea Group Looks to Acquire Warship Builder GNYK
British defence, marine and industrial firm Inocea Group is in talks to buy warship builder German Naval Yards Kiel (GNYK), a person familiar with the matter said, highlighting growing demand for defence assets fuelled by geopolitical tensions.The interest suggests bidding competition for GNYK, given the CEO of Germany's TKMS said last week the world's largest maker of non-nuclear submarines was considering…
