CMA CGM’s Shipping Engine Holds Course in a Volatile Q3
CMA CGM closed the third quarter of 2025 with a mixed scorecard that underlines how volatile geopolitics continue to reshape global liner networks. Group results fell year-on-year, but the core shipping arm lifted liftings and stabilized sequentially, a sign that network agility and cost discipline are cushioning the shocks.Volumes Up; Pricing and Margins DownCMA CGM transported 6.17 million TEU in Q3, +2.3% year-on-year and +3.4% versus Q2, despite a stop-start environment on the China–U.S.
Saudi Aramco to Sign US LNG Supply Agreements
Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy and Commonwealth LNG when Saudi Arabia's Crown Prince Mohammed bin Salman visits Washington next week, sources familiar with the matter told Reuters.The world's largest oil exporter, Saudi Aramco, wants to become a major liquefied natural gas player, especially in the United States, where LNG capacity is set to almost double over the next four years. It has already signed deals with other U.S.
Ukrainian Attack Pauses Novorossiysk Oil Exports
Russia's Black Sea port of Novorossiysk temporarily suspended oil exports, equivalent to 2.2 million barrels per day, or 2% of global supply, on Friday, according to industry sources, after what local authorities said was a Ukrainian drone attack.The attack, one of the biggest on Russian oil-exporting infrastructure in recent months, comes after Ukraine in August stepped up strikes on Russian oil refineries…
MTF Issues New Guidelines for Qualitative Risk Assessments for Alternative-Fueled Ships
The Maritime Technologies Forum (MTF) announced the publication of guidelines for conducting qualitative risk assessments for alternative fueled ships: HAZID and HAZOP.The use of alternative fuels will be key to addressing the "2023 IMO Strategy on Reduction of GHG Emissions from Ships." While the IMO has developed guidelines for design and operation of ships capable of using them, the Alternative…
Fireboy Launches Low-Pressure Water Mist System for Battery Cooling, Containment
Fireboy, a leader in marine fire detection and suppression technology, is launching the BACC Mist System, a low-pressure water mist system designed specifically for the cooling and containment of battery rooms and machinery spaces. The Fireboy BACC Mist (Battery Area Cooling and Containment) system provides a compact, scalable and efficient solution for managing heat build-up and fire risk in critical onboard environments.
ClassNK Grants Approval in Principle (AiP), Innovation Endorsement for Berthing/Unberthing Assistance System
ClassNK has issued an Approval in Principle (AiP) for "Safety Berthing/Unberthing Assistance System" developed by Kawasaki Heavy Industries, Ltd. and granted its Innovation Endorsement for Products & Solutions to the "Berthing and unberthing Assistance System-Human Machine Interface." ClassNK has also confirmed that the 'a-SAFE' notation (BSS)-Berthing Support System, which indicate ships with advanced safety measures…
Unlocking Capital from Goods on the Move Through In-Transit Freight Financing
Recent history demonstrates just how unpredictable global supply chains can be, where delays, disruptions and prolonged transit times create substantial capital constraints for businesses. In-transit financing can address these challenges by converting goods enroute into liquidity that enables businesses to sustain operations and pursue growth without interruption.By combining negotiable bills of lading…
Made in America: The U.S. Dredging Market, a Strategic Jones Act Industry
The United States dredging industry stands as one of the most competitive, efficient, and strategically vital sectors of the maritime economy. As part of the Jones Act fleet—the original Build America, Buy America industry — it not only strengthens our ports and waterways but also anchors thousands of middle-class jobs, spurs shipbuilding across the Gulf and East Coasts, and delivers exceptional value for taxpayers.The last several years have ushered in a quiet renaissance.
Mitsubishi Shipbuilding Delivers Vessel KEYAKI
Mitsubishi Shipbuilding delivered the large car ferry KEYAKI, built for Shin Nihonkai Ferry Co., Ltd. and Japan Railway Construction, Transport and Technology Agency (JRTT), at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture on the November 11, 2025. The new ferry will serve on a shipping route between the cities of Otaru in Hokkaido and Maizuru in Kyoto Prefecture.KEYAKI is the first ferry in Japan to adopt the latest energy-saving hull form…
Vard Electro Inks Service Pact for Krill Harvest Vessels
Vard Electro, a subsidiary of the Fincantieri-owned Vard Group, entered into a three-year service level agreement (SLA) with Aker QRILL Company, a leader in krill harvesting. The contract covers a fleet of four krill harvesting vessels and two cargo vessels.A central part of the agreement is fleet-wide spare parts coverage. The SLA also includes annual preventive maintenance, technical support, and crew training for Antarctic Endurance…
Over 40 Migrants Feared Dead After Boat Capsizes Off Libya
At least 42 migrants are missing and presumed dead after a rubber boat capsized off the coast of Libya, the International Organization for Migration said on Wednesday.Libyan authorities rescued seven survivors who had drifted at sea for six days after the vessel, carrying 49 people, sank near the Al Buri oilfield, an offshore facility north-northwest of the Libyan coast.IOM said the migrants were from Sudan…
ADNOC L&S Presents UAE’s First Autonomous Offshore Vessels
ADNOC Logistics & Services has unveiled the UAE’s first remotely operated offshore landing craft vessel, a 60-metre unmanned platform designed to improve safety, efficiency and emissions performance across offshore operations.Developed with SeaOwl and launched during Abu Dhabi Autonomous Week 2025, the vessel uses AI-enabled systems, satellite-linked controls and remote operation from ADNOC L&S’s center in Mussafah.
ABS Evaluates Condition-Based Maintenance System from SHI
ABS issued a product design assessment (PDA) certificate to Samsung Heavy Industries (SHI) for its condition-based maintenance system, SCBM.The system has earned a SMART (MHM) Tier 2 PDA from ABS, signifying that it meets the functional and system requirements listed in the ABS Guide for Smart Functions for Marine Vessels and Offshore Units.This achievement highlights the system’s compliance with ABS’…
