Crowley Shipping Appoints New Leaders to Drive Advanced Energy Transportation, LNG Microgrid Growth
Crowley has announced leadership appointments that will continue to strengthen it as a leader in advanced energy transportation and microgrid development sectors in the U.S. and across the Americas. Jackie Gonsalez has been named vice president of advanced energy in the company’s Shipping business unit. In this role, Gonsalez will lead Crowley’s strategic initiatives in liquified natural gas (LNG) distribution and microgrid development…
New Robotic Solution for FPSO Tank Cleaning
Ambipar and SBM Offshore announced a solution for cleaning cargo oil tanks on (FPSOs), a solution that importantly is geared to completely remove humans from entering tanks during cleaning activities.“This robotic solution marks a turning point for the offshore industry. By automating a traditionally hazardous process, we are not only enhancing safety but also boosting operational efficiency and reducing environmental impact.
India Continues US Trade Talks Despite Tariff Hike to 50%
India hopes trade talks with the U.S. will continue even as the U.S. hiked tariffs on its exports to 50% due to New Delhi's purchase of sanctioned Russian oil, two lawmakers said on Monday, citing a briefing to a parliamentary panel on foreign affairs.Last week, President Donald Trump imposed an additional 25% tariff on Indian goods due to Delhi's continued purchase of Russian oil, bringing the total duty on Indian exports to the U.S.
Subsea Cable Industry Warns of Repair Gaps in Europe’s Digital and Energy Networks
Europe’s subsea cable infrastructure, the backbone of its digital economy and energy transition, is facing mounting risks from geopolitical tension, climate impacts, and lack of preparedness. In a joint position statement, the European Subsea Cables Association (ESCA) and the International Marine Contractors Association (IMCA) have warned that regulatory barriers, a shortage of skilled offshore workers…
South Korea, Vietnam Pledge Deeper Cooperation With Each Other as US Tariffs Shake Up Trade
South Korea and Vietnam's leaders pledged to deepen economic cooperation on Monday as their export-dependent countries try to shore up longstanding supply chains as U.S. President Donald Trump's tariffs shake up global trade.There was no public discussion of the levies - 15% on South Korean products going to the U.S.
Estimated 55% of Indian Goods Exported to US Will Face Tariffs
About 55% of India's merchandise exports to the United States will be subject to the tariff imposed by President Donald Trump's administration, the Indian government said on Monday.Last week, Trump imposed an additional 25% tariff on Indian goods as punishment for Delhi's purchases of Russian oil. That raised the total duty on Indian exports to the U.S.
Finland Charges Eagle S Tanker Captain, Officers Over Cable Cutting Incident
Finland's national prosecutor's office said on Monday it had brought charges against the captain and first and second officers of the Eagle S oil tanker over the cutting of undersea cables in the Gulf of Finland in December.The Georgian and Indian nationals are suspected of aggravated criminal mischief and aggravated interference with communications by dragging the ship's anchor for around 90 km (56 miles) across the seabed, a prosecutors' statement said.The defendants, who are not permitted to
Arup Appoints New Global Maritime Leader to Spearhead Business Growth
David Dack is Arup’s new Global Business Leader for Maritime, the firm announced.The appointment reinforces Arup’s commitment to delivering sustainable, resilient infrastructure and operational solutions for ports, maritime transport providers, and coastal communities. In his new role, David will continue to grow the business, while enhancing Arup’s positive impact for clients and their projects.David joined Arup in 2006 and brings over two decades of experience in the planning…
Coastal Veterans Repair Group Acquires Voyager Maritime Alliance Group
Coastal Veterans Repair Group LLC, a veteran-owned ship repair and marine services firm headquartered in North Carolina, has announced the acquisition of Voyager Maritime Alliance Group, a provider of marine electronics, systems integration, and vessel support services based in Fort Lauderdale, Florida.This strategic acquisition represents a milestone in Coastal Veterans Repair Group’s ongoing expansion into high-end yacht systems, navigation, and marine technology sectors.
Captain Ahmed Al Badi receives 2025 Alexander Dalrymple Award
On Wednesday, August 6, 2025 the UK Hydrographic Office (UKHO) presented Captain (Aqeed) Ahmed Al Badi, Head of the Oman National Hydrographic Office (ONHO), with the Alexander Dalrymple Award for 2025. The award recognizes his services to hydrography. Captain Ahmed Al Badi was invited to the UKHO where he was presented with this year’s award. Hosted by the UK’s National Hydrographer and Director of Data Acquisition and Defence…
Great Lakes Limestone Shipments Slip Slightly in July Amid Mixed Port Trends
Shipments of limestone across the Great Lakes held relatively steady in July 2025, totaling 3.53 million tons — a fractional drop of less than 1% compared to the same month last year, according to the Lake Carriers’ Association (LCA). Despite the minimal year-over-year change, the trade fell 6.7% short of the month’s five-year average, reflecting softer demand from some key markets.Loadings from U.S.
Golden Ocean, CMB.TECH Set August 20 Target for Closing $4.2B Merger
Golden Ocean Group Limited (NASDAQ: GOGL; Euronext Oslo Børs: GOGL) has issued an update on its planned stock-for-stock merger with CMB.TECH NV (NYSE: CMBT; Euronext Brussels: CMBT), confirming the transaction could close as early as August 20, 2025.Under the agreement, Golden Ocean will merge with CMB.TECH Bermuda Ltd., a wholly owned subsidiary of CMB.TECH, with the latter as the surviving entity.
Great Lakes Iron Ore Shipments Slip in July; Year-to-Date Totals Lag
The Great Lakes iron ore trade lost momentum in July, with shipments totaling 5.1 million tons — a 10.9% decline compared to the same month in 2024, according to the Lake Carriers’ Association (LCA). The July volume also came in 1.7% below the five-year average, signaling that weaker conditions are not just a one-month anomaly.The year-to-date picture is similarly soft. Through the first seven months of 2025…
Vantage Drilling Completes Sale of the Tungsten Explorer
Vantage Drilling International completed the sale of the Tungsten Explorer to TEVA Ship Charter LLC, the joint venture entity owned 25% by the Ccompany and 75% by TotalEnergies.
Russia's Arctic LNG 2 Continue Loadings with Sanctioned Tankers
An LNG tanker targeted by U.S. sanctions has berthed at Russia's Arctic LNG 2 plant, the fourth such vessel to do so this year, shiptracking data from Kpler and LSEG showed.The Christophe De Margerie tanker arrived unloaded at Arctic LNG 2 on August 9, showed Kpler data. The vessel was sanctioned by the U.S. Treasury department in January as part of a broader goal to target Russia's oil and gas revenues.The Arctic LNG 2 project…
Ørsted Delivers Strong H1 Results
Ørsted’s Board of Directors has approved the interim report for the first half of 2025, with Rasmus Errboe, Group President and CEO, saying he is satisfied with the company’s strong operational performance which saw earnings of DKK 13.9 billion ($2.2 billion).The figure supports Ørsted’s full-year EBITDA guidance of DKK 25-28 billion.The company has however altered the outlook for the offshore division…
Ship Recyclers Face Confusing Fundamentals and Market Uncertainty
A week of confusing fundamentals saw nearly all markets reacting as bizarrely as on “Liberation Day” tariffs from back in April, says cash buyer GMS.The tariffs, finally being levied on key destinations (including India) this week, saw turmoil across the board as the week ended. At the onset, oil futures declined 5% and closed the week out at $63.90/barrel. The tariffs announced on Friday included Russia (rather surprisingly) and China…
Provaris Commences FEED for LCO2 Tank
Provaris Energy has received approval from its development partner Yinson Production to commence the front end engineering design (FEED) development for its proprietary large-scale low-pressure liquid CO2 (LCO2) tanks for integration with Yinson’s floating storage injection unit (FSIU).Yinson will fund 100% of the FEED phase, and first deliverables are scheduled for December 2025.Provaris and Yinson…
Shore Leave: Rare, Brief and Endangered
A new report from the ITF Seafarers’ Trust (ITFST) and the World Maritime University (WMU) highlights the continuing absence of shore leave for the world’s seafarers.Analyzing the data from 5,879 seafarers who responded to the ITFST’s Shore Leave Survey, WMU researchers concluded that more than a quarter of seafarers did not get any shore leave at all, and a third only got ashore once or twice during their entire contract…
IMO Launches Regional Office in Fiji
The IMO has inaugurated a new Regional Presence Office in Suva, Fiji.The Regional Presence Office, hosted by the Government of Fiji and initially based at the Secretariat of the Pacific Community (SPC) buildings, will support Pacific nations with implementing global regulations and standards in maritime safety and environmental protection, while advancing their maritime sectors. IMO Secretary-General Arsenio Domiguez…
