Stolt-Nielsen Limited Executive Management Update
Stolt-Nielsen Limited announced that Jens F. Grüner-Hegge, the Company’s Chief Financial Officer (CFO), has decided to retire from his executive position in the second half of 2026. Alex Ng, current Vice President, Corporate Development & Strategy, has been appointed by the Board of Stolt-Nielsen Limited (the Board) as CFO Designate, and will take over the role of CFO as of August 1, 2026. Mr Grüner-Hegge will remain with the Company until November 30…
Maritime Partners Repowers M/V John Austin with Mitsubishi S12R-Y3
Maritime Partners has repowered the pushboat M/V John Austin, replacing its Cummins QSK38 (1300 hp @ 1800 rpm) with a Mitsubishi S12R-Y3 engine rated at 1260 hp @ 1600 rpm. After 28,000 hours on the previous platform, the decision to repower was driven by the need for reliability, reduced downtime, and a smarter long-term investment.The repower installation leveraged the vessel’s existing systems while making minor modifications.
Bank of England Governor Visits Navantia UK Shipyard
The Governor of the Bank of England, Andrew Bailey, visited Navantia UK’s Appledore shipyard to view the contribution of the defense and maritime industry to the regional economy. The Bank’s policymakers regularly visit and speak to businesses across the UK, including the South West. These visits help them gain valuable insight as to how local businesses are performing in the current economic circumstances…
IES Holdings to Acquire Gulf Island Fabrication
IES Holdings, Inc. and Gulf Island Fabrication, Inc. announced that they have entered into a definitive agreement, providing for the acquisition of Gulf Island, a leading steel fabricator and service provider to the industrial, energy and government sectors, by IES. Under the terms of the agreement, IES will pay $12.00 in cash per Gulf Island share, or an aggregate equity value of approximately $192…
Keel is Laid for Spanish Navy’s New Diver Support Vessel
Freire Shipyard held in Vigo the keel-laying ceremony for the new Diver Support Vessel (NC 739) for the Spanish Navy. Delivery is scheduled for November 2026.The Diver Support Vessel (EAB) will be a specialized platform designed to assist the Navy’s Diving School (EMB) in the training of all diving disciplines. To this end, the new unit will be equipped with systems such as DP-2 dynamic positioning…
Two Russian Oil Tankers Drop Anchor at Sea As Sanctions Hit Sales
Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of the Suez Canal, in an apparent sign of the difficulty Moscow is having selling oil after Western sanctions were tightened last month.The vessels Sikar and Monte 1 were both loaded with oil from Russia’s Baltic port of Primorsk in early October and have remained anchored near the canal for over a week…
Odyssey Marine Seeks U.S Offshore Lease for Mineral-Rich Sand Mining
Odyssey Marine Exploration said on Friday it has sought U.S.
EU Warship Secures Tanker Crew After Somali Pirate Attack
An EU warship secured the crew of an oil products tanker on Friday after it was attacked by pirates off Somalia, its operator and a European Union naval mission said, as worries grow over a resurgence of piracy after years of calm.Just hours earlier, in a separate incident, another vessel successfully outran a pirate skiff in the same area, maritime sources said.A recent spate of attacks on vessels off the Horn of Africa…
Six Illegal Foreign Fishers in Australian Waters Plead Guilty
Six Indonesian nationals pleaded guilty to illegally fishing in Australian waters in three separate cases at Darwin Local Court on Tuesday, October 28, 2025.The first matter arose from an incident on September 27, 2025, where Australian authorities identified, intercepted and apprehended an Indonesian vessel fishing illegally near Cassini Island, Western Australia. ABF seized 500 kg of sea cucumber, 90 kg of salt used to process and preserve catch and a quantity of fishing equipment.
Defense Leaders Unite to Deliver Combat System Capability for SSN-AUKUS
Four major defense companies have proposed the establishment of an AUKUS Combat Systems Collaborative Team in contemplation of a potential role for Australia’s SSN-AUKUS conventionally armed nuclear-powered submarines, under a Memorandum of Understanding (MoU) signed Wednesday, November 5.BAE Systems, Raytheon Australia, General Dynamics Mission Systems and Thales propose to lead the design and lay…
Enbridge Misses Q3 Profit Estimates on Higher Capital Costs
Enbridge missed third-quarter profit estimates on Friday, pressured by higher financing costs from capital investments including U.S. gas utility acquisitions, sending its shares down nearly 2% in premarket trading.The Calgary-based pipeline operator had bought three Dominion Energy utilities last year — East Ohio Gas, Questar Gas and Public Service Co of North Carolina — in a $14 billion deal, including…
JERA Nex bp Sees Full Commissioning of Ostend Hydrogen Refueling Station
JERA Nex bp, a global offshore wind company, has seen the full commissioning into an operational state of a new hydrogen bunkering facility in the Port of Ostend.The Ostend Hydrogen Refueling Station seeks to fill a critical gap in the flow of green hydrogen from production to maritime users, acting as a proof of concept of what is possible in decarbonizing offshore wind at sea. During its demonstration phase in 2025…
Major Offshore Renewables Emergency Exercise Tests Industry Response
The UK offshore renewables sector has been put through its paces in a major emergency response exercise designed to test coordination among industry, government, and emergency services during a large-scale offshore incident.Organized by the Offshore Renewable Energy Emergency Forum (OREEF), the triennial TRIREX exercise — titled Exercise Blyth — brought together Ocean Winds, Police Scotland, HM Coastguard…
China Commissions First Domestically Built Aircraft Carrier
The commissioning of China's latest aircraft carrier this week marks a new chapter in its military modernisation effort but security analysts and regional diplomats say tough challenges lie ahead before it can be made fully operational.President Xi Jinping attended the commissioning and flag-presenting ceremony of the Fujian in Hainan province on Wednesday, and boarded the vessel for an inspection tour…
Wärtsilä, Sinocrew Launch Advanced Maritime Training Centre in China
Finnish technology group Wärtsilä and Sinocrew Maritime Services have inaugurated an advanced maritime simulation and training centre in Beihai, China, to support the next generation of seafarers in the Asian cruise industry and advance the adoption of decarbonization technologies.The Beihai International Seafarer Training Center (BISTC) will provide simulation-based training focused on cruise ship operations and sustainable maritime practices.
LNG Vessel Elisa Halcyon Delivered to EDF
A new liquefied natural gas (LNG) carrier, Elisa Halcyon, ordered by France LNG Shipping SAS from Hyundai Samho Heavy Industries in Korea, was completed and delivered on October 31. The vessel will be chartered on a long-term basis (up to 20 years) to EDF LNG Shipping SAS for LNG transportation under the ship management of Gazocean.Elisa Halcyon is equipped with a WinGD-manufactured dual-fuel slow…
