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 Collectiveâs See Moreton business has entered service supporting See Moretonâs operations in the Moreton Bay Marine Park in Queensland, AustraliaNamed in honor of the local Indigenous name for Moreton Island â âMulgumpinâ â Spirit of Mulgumpin has been designed to support the unique schedule and operationalâŠ
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 companiesâ 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 adoptionâŠ
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 MOLâs net zero strategy. The partnershipâwhich includes Isometricâs selection as the registry for MOLâs milestone 10,000-ton Enhanced Weathering offtake with Alt Carbonâwill provide MOL with access to high-quality carbon removal credits certified under the Isometric Standard.Isometricâs protocolsâŠ
Erik Lyrvall Appointed to Cavotecâs Group Management
Cavotec has appointed Erik Lyrvall, Head of Strategy and M&A, as a member of Cavotecâs 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 groupâs strategic direction, leading M&A activities, evaluating partnerships and go-to-market strategies, and recommend initiatives to enhance operational efficiency and profitability.Before joining CavotecâŠ
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 enginesâŠ
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 donât just move cargo â 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 NationalâŠ
The Top 8: What Shipowners Should Watch in 2026
According to Veson Nauticalâs 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 2025âs earnings strengthâespecially in containers, crude tankers and dry bulkâwas 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 collapseâbut recalibrate.According to Veson Nauticalâs 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 flowsâŠ
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 80,000â85,000 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 regulationâŠ
Trump Targets Venezuelan Oil Exports with âSanctionedâ 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.
Worldâs Largest Wind-Powered Ro-Ro Arrives in Baltimore
The worldâs largest wind-powered, industrial-scale, roll on/roll off vessel Neoliner Origin has returned for its second visit to the only U.S. port it is calling, the Helen Delich Bentley Port of Baltimore.The ship, which uses sails as main propulsion, is operating a monthly service between Saint Nazaire (France) and Baltimore, with stops along the way to Saint-Pierre et Miquelon and Halifax.âItâs a great honor to be the first and only U.S.
US Subcommittee Mulls Technology: Can the Coast Guard Keep Up?
US Coast Guard and Maritime Transportation Subcommittee Chairman Mike Ezell (R-MS) chaired a hearing, entitled âChanges in Maritime Technology: Can the Coast Guard Keep Up?â on Tuesday.The maritime industry is undergoing a rapid period of transformation, including the adoption of autonomous technology and robotics that could transform the sector, as well as threats from drones and cyber-attacks that require increased vigilance.Ezell introduced the hearing saying: âLast FebruaryâŠ
Danish Container Traffic Hits Record in Third Quarter
The third quarter of this year has broken all records when it comes to the most loaded containers transported to or from major Danish ports.Containerized goods equivalent to 137,000 TEU containers arrived at a Danish port in the third quarter, while in the other direction, containerized goods equivalent to 122,000 TEU were shipped out of Danish ports.The majority of containers to and from Denmark go via APM Terminals' container terminal in AarhusâŠ
IMO Secretary-General Calls for Restraint in Black Sea
The Secretary-General of the International Maritime Organization Arsenio Dominguez has issued a statement on the escalating situation in the Black Sea: âAs the situation continues to escalate in the Black Sea, I call on all parties to refrain from targeting innocent seafarers, port workers and merchant ships. Shipping should not be used as collateral in geopolitical situations and there is an increased environmental risk developing.
HII Marks Oklahoma Submarine Construction Milestone at Newport News Shipbuilding
HII announced that its Newport News Shipbuilding division has reached a significant construction milestone for Virginia-class submarine Oklahoma (SSN 802).Oklahoma is now âpressure hull complete,â which signifies all of the hull sections have joined to form a single, watertight unit.It is the 29th Virginia-class fast attack submarine, the first of Block V and the 14th to be delivered by NNS.The shipâs sponsor is Mary âMollyâ Slavonic, an Oklahoma native.
Crowley Appoints Jen Leonard as Chief People Officer
Crowley announced that Jen Leonard has been appointed chief people officer, effective January 1, 2026, leading its enterprise-wide activities to sustain an elite culture and high performance at the maritime, logistics and energy solutions company.As vice president of Crowleyâs Talent and Culture group since 2023, Leonard has been instrumental in advancing the companyâs human capital strategy and programs.
Oil Prices Fall to Lowest Since May Ahead of Possible Russia-Ukraine Peace Deal
Oil prices fell below $60 a barrel on Tuesday, the lowest since May, as prospects for a Russia-Ukraine peace deal appeared to strengthen, raising expectations sanctions could be eased.Brent crude futures fell $1.03, or around 1.7%, to $59.53 a barrel at 1340 GMT, while U.S. West Texas Intermediate crude was trading at $55.76, down $1.06, or 1.9%."Brent has dropped this morning to below $60 per barrel for the first time in monthsâŠ
Fincantieri Targets 40% Revenue Growth by 2030 with Five-Year Plan
Italian shipbuilder Fincantieri on Tuesday set a goal of a 40% rise in revenues and a near doubling of core profits in its new five-year plan, expanding to the defence and underwater businesses while keeping its leadership on cruise ships.The 2026-2030 strategy, dubbed "F4 Fast Forward Further Future" and expected to be detailed in the first months of next year, forecasts more than 50 billion euros ($58.79 billion) of new ordersâŠ
PDVSA Faces Stuck Cargos, Rising Discounts, and Contract Change Demands
Venezuela's state-run company PDVSA is dealing with stuck oil cargoes, rising price discounts and demands from customers to change terms of spot contracts following the U.S. seizure of a ship carrying the OPEC country's crude, traders and sources said.As Washington's pressure on President Nicolas Maduro grows, the U.S. Coast Guard last week intercepted the vessel Skipper near Venezuela's coast, its first seizure of an oil tanker or cargo from the South American country. The U.S.
