Steerprop Appoints Holmlund-Sund Director of Marketing & Comms
Finnish propulsion specialist Steerprop has appointed Marit Holmlund-Sund as its new Director of Brand, Marketing & Communications. Holmlund-Sund, who joined Steerprop in March, will be responsible for growing awareness of the company’s high-quality propulsion systems throughout the maritime industry. Holmlund-Sund will be part of the management team of Steerprop. Holmlund-Sund has an extensive background in maritime marketing…
Sanmar Launches Tug for Greek Owner
SANMAR launched a compact tug for new customer NEMECA – the first tugboat it has built for Greece.The Bigaçay range ASD tug is based on the exclusive-to-SANMAR RAstar 2900SX design from Canadian naval architects Robert Allan Ltd, and can achieve a bollard pull of more than 80 tons.NEMECA owns and operates a fleet of tugboats in Piraeus, Thessaloniki and Kavala providing harbour towage, open sea towage and salvage services.
Cerberus eyes Darwin Port
U.S. private equity firm Cerberus Capital Management has expressed interest in acquiring the lease to Australia’s strategically vital Darwin Port, according to a senior executive at Landbridge, the Chinese company currently operating the port.Terry O’Connor, non-executive director for Landbridge in Australia, confirmed that a Cerberus executive recently met with Darwin Port CEO Peter Dummett to discuss a possible acquisition.
Simon Møkster Shipping Pools Starlink bandwidth from Marlink
Marlink is supporting Simon Møkster Shipping with flexible allocation of Starlink LEO bandwidth across its fleet, enabling the ship owner to deploy LEO internet bandwidth where it is most needed, supporting simplified connectivity for business applications and crew welfare services.Simon Møkster Shipping completed a fleet-wide upgrade of its hybrid network solution to Sealink NextGen in May 2024, accelerating the company’s digitalization program.Simon Møkster Shipping operates 15 vessels.
Global Tensions Ratchet Up Shipping Sector Risk
The global maritime sector is entering an era of heightened geopolitical and regulatory uncertainty that threatens to offset long-term safety gains, according to Allianz Commercial’s 2025 Safety and Shipping Review. While vessel losses have reached a record low, the industry faces a volatile landscape shaped by trade conflict, increased sanctions, shadow fleets, and ongoing security threats in key…
Seeking Peace in the South China Sea
Amid ongoing maritime tensions, the Philippines signaled it is open to exploring new agreements with China aimed at preserving peace in the contested South China Sea, Foreign Affairs Secretary Enrique Manalo said Sunday during an ASEAN summit in Kuala Lumpur.“Anything within the scope of diplomatic or peaceful means, or cooperation, is certainly within our template,” Manalo noted, referencing possible…
Energy Crunch has Egypt Seeking 40-60 LNG Cargoes
Egypt is in talks with energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) amid a worsening energy crunch ahead of peak summer demand, three sources aware of the matter told Reuters.The country faces spending up to $3 billion at current prices to secure the LNG, squeezing government coffers already under strain to keep the lights on amid falling gas production and a…
Report: As Momentum Slows, Japan to Sweeten Offshore Wind Rules
Japan is likely to sweeten terms for developers to build a massive offshore wind farm sector, industry insiders say, as it looks to put its energy ambitions back on track against a worldwide slump of projects hit by soaring costs and delays.The government aims to have 45 gigawatts of offshore wind capacity by 2040, which is essential to cutting the country's dependence on imported coal and gas for power generation…
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