Brazil Prosecutors Sue Over Livestock Carrier Shipwreck
Brazilian federal prosecutors in Para state have filed a lawsuit to demand the removal of the hull and oily residues from the Haidar ship, which sank 10 years ago near Vila do Conde port, Brazil's biggest for live cattle shipments.In a statement on Wednesday, Para federal prosecutors recalled the Haidar wreck caused the death of 5,000 cattle and a spill of 700,000 liters of oily residues.A subsequent spill from the Haidar wreck was reported in 2018, prosecutors said, showing that remaining resid
NYK and BHP Renew Decarbonization Partnership
NYK Line and BHP Group have renewed a memorandum of understanding (MoU) reinforcing both companies’ commitment to support decarbonization and improv the safety of vessel operations.The renewed MoU continues research on technologies for ammonia dual-fuel vessels, the trial of biofuels and other measures to advance low-carbon shipping.Emma Roberts, Vice President Maritime & Supply Chain Excellence, BHP…
First Pakistan Recycling Yard Becomes Hong Kong Convention Compliant
Prime Green Recyclers has become the first ship recycling yard in Pakistan to achieve full compliance with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships.Bureau Veritas issued the Statement of Compliance on November 24.Prime Green Recyclers’ certification marks a new stage for Pakistan’s recycling capacity. The country has long been one of the world’s major destinations for end-of-life tonnage…
Poland Picks Saab to Supply Three Submarines
Poland said on Wednesday it had chosen Sweden's Saab to supply it with three submarines, in a multi-billion-dollar deal that forms a key element of Warsaw's efforts to bolster its defences in the Baltic Sea.Warsaw has been ramping up investments in the armed forces to counter what it sees as a growing threat from Russia after Moscow's 2022 invasion of Ukraine.The deal with Sweden under the "Orka" programme to boost Poland's military exemplifies Warsaw's efforts to build a Baltic alliance…
Russian Oil Cargo Discharge at Indian Port Delayed Due to Insurance Scrutiny
A Western-sanctioned vessel with Russian oil destined for Indian Oil Corp has had discharge of the cargo delayed at a port in eastern India due to a hold-up in online verification of insurance cover provided by a Russian insurer, three industry sources with direct knowledge of the matter said.India earlier this year tightened insurance rules for ships calling at its ports, focusing on old and so-called shadow fleet vessels often used to carry Russian oil.Aframax vessel Tiger 6…
EDF Considers Selling US Renewable Unit to Focus on French Nuclear
French state-owned utility EDF is considering selling all of its U.S. renewable energy business, its CEO said on Wednesday, as the company focuses on building up its domestic nuclear operations and U.S. support for wind and solar has been rolled back.Bernard Fontana said the company was considering selling "between 50% and 100%" of its U.S. renewable unit, revising an earlier plan to sell only a minority stake.A deal could value the equity of the unit at nearly 4 billion euros ($4.6 billion)…
Damen, Windcat Introduce New Class of Offshore Support Vessels
On November 25, 2025, at the Offshore Energy Conference in Amsterdam, Windcat signed a contract with Damen Shipyards Group for a new Multi-Purpose Accommodation Support Vessel (MP-ASV), with the option of five additional vessels of this type. To be known as the Innovation Series, the vessels will combine a large open deck with a subsea crane with fuel efficient operations and comfortable, high-quality accommodation for personnel working in the offshore energy sector for extended periods.
Solstad Offshore Awarded Contract for AHTS Normand Topazio
Solstad Offshore ASA (SOFF) has announced that the company has been awarded a new contract by PETROBRAS for the anchor handling tug supply vessel (AHTS) Normand Topazio.The contract has a duration of 4 years firm and is scheduled to commence in 1Q 2026. The vessel will support Petrobras operations in Brazil.The total gross value of the contract is approximately $73 million.
Ocean Wise, Trelleborg Advance Whale Protection Through Global Navigation Software Integration
Ocean Wise and Trelleborg Marine and Infrastructure announced an advancement in marine mammal protection through the international expansion of Ocean Wise’s Whale Report Alert System (WRAS), a real-time alerting tool designed to reduce the risk of ship strikes on whales. This expansion includes a new integration with Trelleborg’s SafePilot Pro software, a professional-grade navigation system used by marine pilots globally.The WRAS…
Kongsberg Discovery Welcomes Joint Declaration of Baltic Sea Security for Critical Infrastructure
The 2022 sabotage of gas pipelines in the Baltic Sea marked a turning point: maritime infrastructure is no longer seen as a passive utility, but as a strategic asset at risk of disruption. The Joint Baltic Declaration on Security in the Baltic Sea was signed on November 20 by the Norwegian State Secretary Marte Gerhardsen, in the presence of the Polish Deputy Prime Minister, Minister of Defense, Władysław Kosiniak-Kamysz.According to an official statement by the Norwegian State Secretary…
The Expanding Shadow Fleet Poses a Growing Threat to Maritime Safety
The shipping industry has always been good at navigating uncertainty; however the rapid expansion of the shadow fleet represents a different kind of risk. It’s not just regulatory or geopolitical; it’s informational. Each vessel that goes dark removes a small piece of the world’s safety awareness, and that loss is beginning to matter, writes Yarden Gross, CEO and Co-founder of Orca AI. A parallel system…
New Global Benchmark Ranks Top Container Ports Worldwide
Maritime transport carries close to 90 percent of global trade by volume, and container ports alone handle more than 80 percent of non-bulk merchandise. Today, these ports are undergoing a profound transformation, driven by rising trade flows, rapid advances in technology, and mounting pressure to meet climate targets.Against this backdrop, DNV and Menon Economics have introduced the industry’s first global container port ranking.
Panama Strengthens Global Leadership in Maritime Safety, Regulation During the IMO Assembly
Panama is participating this week in the 34th session of the Assembly of the International Maritime Organization (IMO), the most significant forum within the global maritime system and the specialized governing body of the United Nations, from November 24 to 28. This setting defines the policies, standards, and priorities that will shape the international maritime agenda in the years ahead.The Panamanian delegation is composed of Ambassador and Permanent Representative to the IMO…
Vantage Drilling Reports Q3 2025 Results
Vantage Drilling International Ltd. reported a net income attributable to shareholders of approximately $67.2 million or $4.97 per diluted share for the three months ended September 30, 2025, based on the weighted average shares outstanding, as compared to a net loss attributable to shareholders of approximately $10.6 million or $0.80 per diluted share for the three months ended September 30, 2024.As of September 30…
Lebanon and Cyprus Clear Path for Gas Exploration with Maritime Border Deal
Lebanon and Cyprus signed a long-awaited maritime demarcation deal on Wednesday, paving the way for potential exploration of offshore gas fields and energy cooperation in the Mediterranean.Lebanese President Joseph Aoun and Cypriot President Nikos Christodoulides signed the agreement at Lebanon's presidential palace and told reporters it would signal deeper cooperation between Lebanon, European Union-member Cyprus and the broader EU."This is a historical agreement…
Windcat Orders Next-Gen Multi-Purpose Offshore Support Vessel
Windcat, part of CMB.TECH, has signed a contract with Damen Shipyards to build a new Multi-Purpose Accommodation Support Vessel (MP-ASV), with options for five additional units.To be known as the Innovation Series, the new class of offshore support vessels will combine a large open deck, subsea crane capability and fuel-efficient operations with accommodation for personnel working offshore for extended…
US Navy Cancels Four Constellation Frigates, Keeps First Two Under New Deal
Fincantieri and the U.S. Navy have reached an agreement to redefine the future of the Constellation-class frigate program, ensuring work continues on the first two ships while cancelling four later units as part of a wider fleet review.The shift follows the Navy’s overhaul of its force-structure plans and aligns with new priorities aimed at accelerating next-generation ship designs and revitalizing segments such as icebreakers…
OEUK Warns of Major Job Losses Without Urgent Windfall Tax Reform
Thousands of U.K. jobs and billions in future tax revenue are at risk unless the government reforms the Energy Profits Levy (EPL), industry group Offshore Energies UK (OEUK) said ahead of the Autumn Statement.OEUK said statistical modelling shows that revising the 78% levy in 2026 instead of waiting for its scheduled expiry in 2030 would increase total tax receipts from £32.9 billion ($43.2 billion) to $63.9 billion (£48.6 billion) over the next decade…
