Ukrainian Drones Hit Tanker in Russia's Rostov Port
Ukrainian drones hit a tanker in the southern Russian port of Rostov-on-Don, killing and injuring a number of people and sparking a fire, the city's mayor was quoted as saying early on Thursday."Emergency teams are extinguishing the fire on the tanker that was struck while docked in a drone attack," Russian news agencies quoted Skriabin as saying."A leak of oil products was avoided.
Woodside's Meg O’Neill to Serve as Next CEO of BP
The bp Board has appointed Meg O’Neill as bp’s next CEO effective April 1, 2026.Murray Auchincloss is stepping down from his position as CEO and director of the Board, effective December 18. Carol Howle, current executive vice president, supply, trading & shipping of bp, will serve as interim CEO.O'Neill is the first CEO to be appointed by BP from outside of the company and the first female to lead any of the top five oil companies in the world.
ESAB Launches New Tracfinder Battery-Powered Welding Tractors, Cobot Welding System
To help metal fabricators improve productivity, quality and workforce needs, ESAB has launched its new Tracfinder Rail and Tracfinder Wheel series of battery-powered welding tractors and unveiled its newly branded ROBBI Mobile cobot welding system. ROBBI is now available with the Aristo Edge 500R power source and RoboFeed Edge robotic wire feeder, which offer next-generation capabilities. Compared to manual welding…
Inocea Group Looks to Acquire Warship Builder GNYK
British defence, marine and industrial firm Inocea Group is in talks to buy warship builder German Naval Yards Kiel (GNYK), a person familiar with the matter said, highlighting growing demand for defence assets fuelled by geopolitical tensions.The interest suggests bidding competition for GNYK, given the CEO of Germany's TKMS said last week the world's largest maker of non-nuclear submarines was considering…
PDVSA Resumes Oil Cargo Deliveries After Cyberattack
Venezuela's state-run oil company PDVSA on Wednesday was resuming oil cargo deliveries at its terminals following a cyberattack that affected its centralized administrative systems, according to the company and sources.PDVSA, which is grappling with the U.S. announcement on Tuesday of a blockade of all sanctioned tankers approaching or planning to leave Venezuelan waters, was able to isolate oilfields…
US Government Takes Another Look at Virginia Offshore Wind Project
The Trump administration is reviewing whether to send the Interior Department's Biden-era approval of a Virginia offshore wind project back to the agency for reconsideration, according to a court document filed on Wednesday.The agency is conducting a review of offshore wind leases to comply with Interior Secretary Doug Burgum's July order to end preferential treatment for wind and solar projects, it said in a filing in U.S.
Clippership Completes Autonomous Wind-Powered Vessel Design to be Built by KM Yachtbuilders
Clippership, a company developing autonomous wind powered ships, announced it has completed the design of its first 24-meter class vessel, and executed a construction contract for the first cargo vessel with Dutch shipyard KM Yachtbuilders.The 24-meter class features twin, foldable rigid wings for primary wind propulsion and is designed for open-ocean autonomy. The vessel has a cargo capacity of up to 75 Euro-pallets within its climate-controlled cargo hold.
Damen Delivers New Tugs to Fairplay Towage Group and Louis Meyer
On November 21, Damen Shipyards Group delivered three new tugs, consisting of an RSD Tug 2513 named Fairplay-98, and two ASD Tugs 2312 named Fairplay-86 and Fairplay-87. The RSD Tugs 2513 and one ASD Tug 2312 have been delivered direct to the Fairplay Towage Group, while the other ASD Tug 2312 was delivered to Neue Schleppdampfschiffsreederei Louis Meyer GmbH & Co. KG. This vessel has also joined the Fairplay Towage fleet on a long-term bareboat charter.
Incat Crowther's Spirit of Mulgumpin Tour Vessel Enters Service in Australia
Spirit of Mulgumpin, a customized 22-meter tour vessel Incat Crowther has designed for The Tour Collective’s See Moreton business has entered service supporting See Moreton’s operations in the Moreton Bay Marine Park in Queensland, AustraliaNamed in honor of the local Indigenous name for Moreton Island – ‘Mulgumpin’ – Spirit of Mulgumpin has been designed to support the unique schedule and operational…
bound4blue eSAILs Installed on Amasus Cargo Vessel
bound4blue and Amasus Shipping have completed the installation of a 22-meter eSAIL on the general cargo vessel Fluvius Tavy at Astander Shipyard in Santander, Spain. The project marks the companies’ second installation, reinforcing both the scalability of suction sail technology and the growing confidence of shipowners in wind propulsion as a mainstream decarbonization solution.The latest adoption…
Mitsui O.S.K. Lines, Isometric Partner on Carbon Removal
Mitsui O.S.K. Lines (MOL) and Isometric have entered into a strategic partnership under which Isometric will issue scientifically rigorous, transparent carbon dioxide removal (CDR) credits to support MOL’s net zero strategy. The partnership—which includes Isometric’s selection as the registry for MOL’s milestone 10,000-ton Enhanced Weathering offtake with Alt Carbon—will provide MOL with access to high-quality carbon removal credits certified under the Isometric Standard.Isometric’s protocols…
Erik Lyrvall Appointed to Cavotec’s Group Management
Cavotec has appointed Erik Lyrvall, Head of Strategy and M&A, as a member of Cavotec’s Group Management. Erik joined Cavotec in autumn 2024 when he took up the position of Head of Strategy.In his role, Erik is responsible for driving the group’s strategic direction, leading M&A activities, evaluating partnerships and go-to-market strategies, and recommend initiatives to enhance operational efficiency and profitability.Before joining Cavotec…
Wärtsilä to Supply Engines For Two New Vessels for Brazilian Operator
Wärtsilä will supply the main engines for two new pusher tugs being built for Brazilian operator AMAGGI. The ships are under construction at the Beconal shipyard, located in Manaus, Brazil, and are designed with a focus on decarbonized operations. The engines will run on biodiesel, a capability that was a key factor in securing this contract. The order with Wärtsilä was booked in Q4 2025.The ships will each operate with two Wärtsilä 20 engines…
Hefring Marine Partners with SEA.AI to Integrate AI-Enhanced Vision Technology
Hefring Marine, a leader in intelligent maritime analytics, and SEA.AI, a pioneer in AI-powered maritime vision systems, announced a new partnership that will integrate collision avoidance technology with advanced vessel operations intelligence. This partnership brings together two of Europe's marine technology companies to deliver comprehensive safety and operational solutions for the global maritime industry.
By the Numbers: U.S. Inland Waterways Careers
The U.S. inland waterways don’t just move cargo — they move people into long-term, well-paid careers. At a time when trucking and rail struggle with shortages, turnover, and burnout, inland waterways operators quietly offer something different: a job you can start without experience, a career you can grow into, and a paycheck that gets better every step of the way.A new study commissioned by the National…
The Top 8: What Shipowners Should Watch in 2026
According to Veson Nautical’s 2025 End-of-Year Market Report, a report which breaks down prevailing trends in all major oceangoing shipping sectors globally, these are the prevailing trends shipowners should watch in 2026.1. Routing Normalization vs. Geopolitical RealityMuch of 2025’s earnings strength—especially in containers, crude tankers and dry bulk—was driven by longer voyages around the Cape of Good Hope.
Shipping Full Steam Ahead: What '25 has set up for '26
After several years of volatility, 2025 became the year the global shipping markets began to reset. Not collapse—but recalibrate.According to Veson Nautical’s 2025 End-of-Year Market Report, the past year was defined by persistent geopolitical disruption, tightening environmental regulation and growing uncertainty over future fuel pathways. Red Sea instability continued to distort global trade flows…
Trio of Ammonia-fueled Bulk Vessels Ordered
Amon Maritime was awarded investment grants of NOK 298 million ($29m) from Enova to support the construction of three new ammonia-fueled bulk carriers.The vessels, each in the Kamsarmax segment with a capacity of approximately 80,000–85,000 DWT, are designed to combine high energy efficiency with carbon free fuel. Fully aligned with the requirements of the EU Emissions Trading System (EU ETS) and the FuelEU Maritime regulation…
Trump Targets Venezuelan Oil Exports with ‘Sanctioned’ Tankers Blockade
U.S. President Donald Trump ordered on Tuesday a "blockade" of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to increase pressure on Nicolas Maduro's government, targeting its main source of income.It is unclear how Trump will impose the move against the sanctioned vessels, and whether he will turn to the Coast Guard to interdict vessels like he did last week.
