Tug Returns to Service Following Fire Damage
After sustaining extensive damage in a December 2024 fire, the tug Lucinda Smith has returned to the water with a fresh start powered by Mitsubishi S12R-Y3MPTAW-3 Tier 3 engines rated at 1260HP @1600RPM each. The repower was completed by Windward Power with support from Laborde Products, giving the rebuilt vessel renewed strength and reliability for her work on the East Coast.Built in 1975 for the U.S.
ICS Convenes Global Leaders to Address Geopolitical, Trade Challenges
In this moment of heightened trade tensions, the International Chamber of Shipping co-hosted a second Global Maritime Trade Summit in Hong Kong to explore geopolitics and trade realignment, building resilient supply chains, and financing a dynamic and robust maritime economy. The summit was co-hosted by the Transport and Logistics Bureau of the Government of Hong Kong, SAR and the Hong Kong Shipowners Association.The theme of this year’s summit was Building Resilience…
Russia Ships Less Wheat to Mexico in 2025 at 58,000 Tons
Russia, the world's largest wheat exporter, has shipped 58,000 metric tons of food-grade wheat to Mexico from its western port of Kaliningrad this year, the local agricultural safety watchdog said on Monday, a significant slowdown from 2023 and 2024.Russia is aiming to diversify its grain exports beyond its traditional Middle East markets, targeting new ones in Latin America, Asia and Africa through…
Crew of Seized Tanker Off Iran Are Identified as Safe
The crew of an oil products tanker are safe and the vessel is anchored off Iran's Bandar Abbas port, its manager said on Monday, after Tehran said it seized the ship in open Gulf waters last week.Iran confirmed on Saturday that its Revolutionary Guards (IRGC) had seized the Talara, a Marshall Islands-flagged tanker, over alleged cargo violations, Iranian state media reported.It was the first seizure of a tanker by Tehran since Israeli-U.S.
Chevron Eyes Lukoil Assets
Chevron is studying options to buy global assets of sanctioned Russian oil firm Lukoil, five sources familiar with the process told Reuters on Monday.The U.S. Treasury gave clearance last week to potential buyers to talk to Lukoil about foreign assets. Chevron would join Carlyle and other firms in the race for the Lukoil portfolio worth at least $20 billion.The United States last month imposed sanctions on Russia's two biggest oil companies…
ATDM Program Delivers Skilled Workers to the Maritime Industrial Base
The U.S. Navy needs to dramatically increase the fleet, especially submarines, but the available pool of skilled workers is not keeping pace.Submarine construction is ramping up. The Navy continues to build Virginia-class submarines, striving for two per year, and is gearing up build the new Columbia-class of nuclear-powered ballistic missile submarines. At the same time, the industry needs to support the ambitious Australia-U.S.-U.K.
Looking Beyond Maritime’s “Moment”
It’s been said that American maritime is “having a moment” in Washington, DC.From President Trump’s Executive Order on Restoring America’s Maritime Dominance, to introduction of the bipartisan, bicameral SHIPS for America Act in Congress, the U.S. maritime industry has been a subject of focused attention at the highest levels of government, and rightfully so. At their core, these initiatives are driven by recognition that a strong maritime industry is not only vital to the American economy…
American Cruise Lines Christens American Pioneer Vessel
American Cruise Lines has announced that the newest cruise ship in the country, American Pioneer, was christened in Key West, Florida on Monday, November 10. \American Pioneer is the 21st ship in the American Cruise Lines fleet. The inaugural cruise followed the company’s new 16-Day Grand Florida Coast & Keys itinerary, which explores both the Atlantic and Gulf coasts of Florida. American Pioneer was docked at Mallory Square for last week’s christening festivities.
Sanmar Delivers Ninth Tugboat to P&O Maritime Logistics
Sanmar Shipyards has delivered its ninth tugboat to global marine services provider P&O Maritime Logistics.P&O took deliver of its first Sanmar-built tugboat in 2013. Since then, Sanmar has delivered eight more tugs that have gone on to serve in ports around the world.The latest vessel has been named AL FATH by its new owners.Based on the RAmparts 2200 design developed by Canadian naval architects Robert Allan Ltd., the Sırapınar Class are compact sister vessels to Sanmar’s Boğacay Class tugs.
Petrobras Sandwich Hull Tank Design Receives ABS Approval
ABS issued an approval in principle (AIP) to Petrobras for its safety-enhancing “sandwich hull” design concept for floating production storage and offloading (FPSO) tanks.The design uses parts of longitudinal and transverse elements constructed with steel-concrete-steel sandwich structures that allow tanks to remain free of internal obstructions, promising to improve operational efficiency during tank…
DNV, WMMF Publish Guide to Support Shipowners' Path to Net-Zero
The maritime industry is experiencing a period of significant transformation, driven by evolving regulations, increasing commercial pressure, and a global shift towards reducing greenhouse gas (GHG) emissions. In response, DNV and the World Maritime Merchants Forum (WMMF) ESG team have published a new guide to help shipowners navigate these evolving challenges, an effort supported by industry organizations…
Multraship Expands Black Sea Presence with New MULTRATUG 30
Dutch towage and salvage company Multraship has welcomed its latest high-performance tug, MULTRATUG 30, built by Sanmar Shipyards.The 80-ton bollard pull vessel will operate with Bourgas Tug Service, Multraship’s Bulgarian subsidiary, boosting the company’s capacity for harbor and offshore towage in the region, while also strengthening its capabilities in salvage and emergency response.The new tug was christened on Friday…
Energy Transition' Future: Fractured, Bumpy and Long
As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters.The landmark UN COP21 climate agreement signed in Paris on December 12, 2015 saw 195 nations commit to setting…
Ulstein Verft Launches Nexans Electra CLV Ahead of Outfitting
The hull of the Nexans Electra cable laying vessel (CLV) was launched from the dock hall at Ulstein Verft, marking a major milestone in the vessel’s journey towards completion.The hull has been constructed in a roofed, controlled environment at the Norwegian yard, enabling optimal conditions for precision painting and work quality.With the launch, which took place on November 13, 2025, the vessel moves from the dock hall to the outfitting quay…
MPCC Orders Four New Container Ships from China
MPC Container Ships (MPCC) has entered into contracts with Jiangsu Hantong Ship Heavy Industry in China for the construction of four 4,500 TEU container vessels, scheduled for delivery starting first half of 2028.The contract price per vessel is $58 million and the agreement includes options for two additional vessels at the same price.Each vessel will operate under a 10-year time charter, with extension options…
Conrad Industries Announces Third Quarter 2025 Results and Backlog
Conrad Industries, Inc. announced its third quarter and nine months ended September 30, 2025 financial results and backlog at September 30, 2025.For the quarter ended September 30, 2025, Conrad had net income of $5.5 million and earnings per diluted share of $1.09 compared to net income of $7.5 million and earnings per diluted share of $1.49 during the third quarter of 2024. The Company had net income…
Noatum Maritime, Siemens Energy and GPT Team Up for Offshore Renewables
Noatum Maritime, Siemens Energy and Green Parrot Tech (GPT) have signed a partnership agreement to explore collaboration in the offshore renewable energy sector.Noatum Maritime, an AD Ports Group company, Siemens Energy and GPT plan to combine their capabilities to support the development of offshore renewable infrastructure including substations and power grid networks.The partnership aims to integrate expertise in electrical systems…
Study: Allseas SMR Tech Seen as Key Maritime, Industry Decarbonization Tool
Allseas’ small modular reactor (SMR) technology could generate up to $150 million billion in economic value for the Netherlands and create as many as 40,000 new jobs by 2050, according to an impact study released on Monday by the offshore engineering group.The study, conducted by consultancy Roland Berger, found that deploying the company’s 25 MWe / 70 MWt high-temperature gas-cooled SMR could also help cut grid congestion…
First Locally-Built Nacelles Installed at Polish Offshore Wind Farm
The Baltic Power offshore wind project has installed the first turbine nacelles manufactured in Poland, marking a milestone for the country’s emerging offshore wind supply chain.Three 15 MW turbines have been fitted with nacelles produced at Vestas’ newly opened plant in Szczecin, the first offshore wind manufacturing facility operated by the Danish company in Poland.In total, 76 turbines will be installed at the 1.2 GW project…
Technip Energies to Supply CO2 Loading Arms for Northern Lights CCS Project
Technip Energies Loading Systems has secured a contract to supply three fully electric marine loading arms for phase 2 of the Northern Lights CO2 transport and storage project in Øygarden, Norway.The loading solution will be installed at the new Northern Lights jetty and will consist of three marine loading arms fully qualified to transfer liquefied CO2.For this second phase, Technip Energies Loading Systems will deliver a fully electric design…
