Tankers Chartered by Chevron to Move Venezuelan Crude Seek Other Business
Some tankers Chevron had chartered to move crude from Venezuela to the United States this month are now being marketed for spot contracts elsewhere, sources said, after state company PDVSA canceled loading permits and ordered the firm to return cargoes amid payment uncertainty related to sanctions.The marketing of the vessels indicates that Chevron does not expect to load all the cargoes it typically…
COAST, University of Victoria Join to Launch the BC Marine Energy and Decarbonization Hub
In a stride for the Canadian clean energy transition, two leaders in British Columbia’s ocean innovation sector have announced a joint initiative that forges brand new pathways for the development and commercialization of marine renewable energy and decarbonization technologies in British Columbia.The BC Marine Energy and Decarbonization Hub is a core initiative of COAST, Pacific Canada’s hub for the sustainable blue economy, delivered in partnership with the University of Victoria.
Jetfoil Service Between Hong Kong and Macau Turns 50, Commemorated With a Book
To commemorate the history of Hong Kong – Macau sailings, Aero Editor launched a book “Hong Kong - Macau High-Speed Ferries” (Traditional Chinese) last year. This book introduces the history, development and current status of sea travel between Hong Kong and Macau, especially the stories of the legendary Jetfoil fleetOn April 25, 1975, Jetfoil MADEIRA of Far East Hydrofoil Co. Ltd. (now TurboJET) set sail from Hong Kong to Macau…
Hapag-Lloyd Customers Cancel 30% of China's US Bound Shipments
Hapag-Lloyd customers have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world's two largest economies, a spokesperson for the German container shipping group told Reuters on Wednesday.Instead, there has been a "massive increase" in demand for consignments from Thailand, Cambodia and Vietnam, the spokesperson added.Tariffs on goods from China introduced by U.S.
South Korea to Discuss Chinese Presence in Disputed Area
South Korea will raise China's construction of sea structures off the west coast of the Korean Peninsula in a dialogue with Beijing on Wednesday, Seoul's Foreign Minister said.China has built structures in a disputed area of the Yellow Sea, known in Seoul as the West Sea, causing South Korea to set up a "reciprocal" platform, Seoul has previously said.Beijing has said its structures are fish-farming equipment, but they have raised alarm bells in Seoul over concerns China could be seeking to stak
PSA International Considers Selling 20% Stake in CK Hutchison's Ports Business
Singapore's PSA International is exploring the sale of its 20% stake in CK Hutchison's ports business, two people with knowledge of the matter said, joining the Hong Kong conglomerate in its controversial plans to sell.Tycoon Li Ka-shing's CK Hutchison announced last month it would sell its 80% holding in the business which includes two ports along the strategically important Panama Canal to a BlackRock-led consortium. The holding has an equity value of $14.2 billion.U.S.
Global Wind Capacity in 2024 Falls Short Despite Reaching a Record
A record 117 gigawatts of wind power capacity was installed worldwide last year, slightly more than in 2023, but far less than needed to achieve goals to decarbonise energy, a report by the Global Wind Energy Council said on Wednesday.WHY IT'S IMPORTANTThe world needs to shift to renewable sources, including wind and solar, to contain global warming.Many organisations, including the GWEC, have said the current rate of progress is not enough.
Wilson Adopts Tilla Technologies to Optimize Crew Change Operations
Tilla Technologies announced that Wilson, one of Europe’s largest short sea shipping companies, will use its software to manage all crew changes across 101 vessels in its fleet. The rollout is planned for May 2025.The decision was based on the successful use of Tilla Technologies’ solution at Stödig Ship Management, which handles crew for parts of Wilson’s fleet. The crew change platform delivered consistent results: double-digit cost savings…
USTR Implements Port Fee Proposal
On April 17, 2025, the Office of the US Trade Representative (“USTR”) published a notice of action (the “USTR Notice”) implementing its port fee proposal, first announced on February 21, 2025. The rules differ substantially from the February proposal (summarized here). The calculation of the fees has changed to a net tonnage-based fee (or for certain vessels, based on containers discharged or Car Equivalent Units). Several points have been clarified.
FarSounder: News Citizen Science Capabilities with Whale and Debris Reporting Feature
FarSounder has announced the release of a new citizen science feature in its latest SonaSoft™ software update. Building on its existing Data Sharing Program, this release introduces the ability for users to report whale sightings and floating trash/debris—further integrating marine conservation into day-to-day navigation for Argos users.Since 2019, vessels equipped with FarSounder’s Argos sonars have had the ability to participate in citizen science by contributing to global seabed mapping.
VIKING Launches First CTV Immersion Suit for Women in Offshore Wind Industry
VIKING Life-Saving Equipment has launched the first Crew Transfer Vessel (CTV) immersion suit in the world designed for women working in offshore wind energy, using guidance on diversity and inclusivity from industry leaders Ørsted, Siemens and Vestas.The VIKING YouSafe Cyclone suit joins a growing portfolio of VIKING PPE whose fit and features reflect the safety needs of female seafarers, pilots and…
Japan’s First Hydrogen Dual-Fuel Tugboat Launched
Tsuneishi Shipbuilding launched Japan’s first tugboat to be equipped with a hydrogen-powered internal combustion engine (ICE). This vessel was launched in late March at Tsuneishi Factory, equipped with a high-power output hydrogen dual-fuel ICE and a high-pressure hydrogen gas storage system with large-capacity and supply. It also used “JGreeX” which are produced by JFE Steel Corporation as green steel…
That’s a BINGO! Japanese Shipyards Collaborate on Optimized Bulk Carrier
‘Bingo42’ is namesake of an innovative new 42,000 dwt bulk carrier that will be jointly developed and marketed by Onomichi Dockyard and Tsuneishi Shipbuilding, a pair of historic Japanese shipbuilders. The name Bingo 42 is derived from ‘Beyond Innovation, Navigating Green Ocean’, and the initiative was driven by the recognition of a shared challenge concerning the design workload for new vessels. In Japan…
Sallaum Lines Picks Inmarsat’s NexusWave Connectivity Solution
Inmarsat Maritime, a Viasat company, has signed an agreement with Sallaum Lines, a Roll-on/Roll-off (RoRo) cargo shipping company, to upgrade to Inmarsat Maritime’s NexusWave fully managed bonded connectivity service.As Sallaum Lines expands its global presence, NexusWave will provide secure, ultra-fast connectivity with unlimited data, complemented by Inmarsat’s Care Premium program for 24/7 support and maintenance.Reflecting a proactive digitalization strategy…
Methanol-Fueled Container Vessel Takes Shape in Chinese Shipyard
Japan's Tsuneishi Shipbuilding said the Tsuneishi Group (Zhoushan) Shipbuilding Inc. - its shipbuidling factory in China - has completed the first block loading for its first Methanol-Fueled 5,900-TEU Type Container Carrier earlier this month.The 5,900-EU type container carrier is the largest container carrier built by Tsuneishi Shipbuidling Group. This vessel has a maximum capacity of 5,915 20-foot-equivalent-unit containers in the hold and on deck…
North Star’s CSOV Newbuilds Get LR’s Cyber Resilience Certification
North Star, a U.K.-based service operation vessel (SOV) operator, has become the first organization in the world to have ships achieve Lloyd’s Register’s Cyber Resilience classification.The classification is in line with mandatory International Association of Classification Societies (IACS) standards implemented for all newbuilds from July 1, 2024.North Star’s new commissioning service operation vessels (CSOVs)…
DNV Qualifies Subtera’s CUI Detection Tool
DNV has completed the technology qualification (TQ) of Subtera’s passive terahertz sensor technology designed to detect corrosion under insulation (CUI) and the trapped moisture that causes it, a pervasive challenge in industrial plants.CUI is a leading cause of asset failure in industries such as oil and gas and chemicals. It has contributed to over 20% of major oil and gas accidents in the EU in the past 35 years…
Lube Oil Maintenance Failure Caused Catastrophic Engine Failure and Fire
Debris in an engine’s lube oil system led to a diesel engine failure and an engine room fire aboard a passenger vessel docked in Portland, Maine, the National Transportation Safety Board (NTSB) has confirmed.The passenger vessel Ocean Navigator was moored at the Ocean Gateway Terminal on Oct. 18, 2023, when the no. 2 auxiliary diesel generator engine suffered a catastrophic mechanical failure that seriously injured one crewmember and resulted in an engine-room fire.
CMB.TECH and Golden Ocean Agree Stock-for-Stock Merger Terms
CMB.TECH and Golden Ocean Group have signed a term sheet for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean.The Term Sheet has been unanimously approved by CMB.TECH’s Supervisory Board and by Golden Ocean’s Board of Directors, including its special transaction committee composed of disinterested…
Bayesian Salvage to Commence in May
The superyacht that sank off Sicily last year, killing British tech tycoon Mike Lynch and six others, will be lifted out of the water next month after its mast is dismantled, people close to the matter said on Tuesday.The recovery of the British-flagged Bayesian, lying on its right side at a depth of around 50 metres (164 feet), could help explain why it went down during a sudden storm off the port of Porticello…
