AquaChemie Opens Chemical Facility in KEZAD
AquaChemie Global Chemicals has inaugurated its state-of-the-art chemical manufacturing, storage, and blending facility in Khalifa Economic Zones Abu Dhabi (KEZAD), marking a significant step in enhancing local industrial capabilities and supporting the UAE’s "Make it in the Emirates" initiative.The $24.5m, 25,800 sqm facility in KEZAD Al Ma’mourah is designed to meet global safety and environmental standards…
USN Ships Sail through Taiwan Strait
Two U.S. Navy ships sailed through the sensitive Taiwan Strait this week in the first such mission since President Donald Trump took office last month, drawing an angry reaction from China, which said the mission increased security risks.The U.S. Navy, occasionally accompanied by ships from allied countries, transits the strait about once a month. China, which claims Taiwan as its own territory, says the strategic waterway belongs to it.The U.S.
Russian Traders Scramble for Sanction-Proof Tanker Vessels
Russia may be forced to reduce its oil production in the coming months as U.S. sanctions restrict access to tankers needed for exports to Asia, while Ukrainian drone attacks continue to damage key refineries.Last month, the U.S. imposed sanctions targeting 180 Russian tankers, coinciding with an escalation in Ukrainian drone strikes aimed at strengthening Kyiv’s bargaining position. These developments come amid growing expectations that U.S.
Golden Ocean Exercises Purchase Options for 8 Vessles
Golden Ocean Group Limited declared the purchase options for eight Capesize vessels under the long-term charter-in agreements with subsidiaries of SFL Corporation Ltd.
Wärtsilä, Elomatic Ink Transverse Thruster Pact
Wärtsilä and Elomatic signed a licensing and cooperation agreement covering the intellectual property rights, technology, and use of trademark of Elomatic’s Elogrid thruster solution.Elogrid is a transverse thruster grid technology, which is designed to reduce vessels’ fuel consumption while also enhancing thrusters’ performance.This technology improves both the water flow along the hull lines once a vessel is sailing as well as the water flow into the tunnel when the thrusters are in use…
Sanmar Delivers Tugboat to Local Operator
Sanmar Shipyards has built and delivered one of its Boğaçay Class tugboats for fellow Turkish tug operator Marin Tug.The two companies have been collaborating for almost two decades, starting in 2006 when Sanmar delivered two 45-ton bollard-pull twin screw tugs to Marin Tug.The latest tug, named İNCEBURUN by its new owner, is much more powerful and part of Sanmar’s new era range of technologically-advanced and environmentally-friendly tugboats.An example of the most advanced Boğaçay MKll model…
S. Korea Shipyards Soar as U.S. Bill Eyes Navy, USCG Ship Construction Options
Shares in South Korean shipbuilders HD Hyundai Heavy Industries and Hanwha Ocean rose more than 15% and 16%, respectively, today, after two U.S. senators debuted a bill to allow the U.S. Navy to build naval vessels in a shipyard located in a U.S. allied country.Senators Mike Lee (R-UT) and John Curtis (R-UT) have introduced two new bills aimed at enhancing the readiness and capabilities of the United States Navy and Coast Guard.
TotalEnergies Signs LNG Supply Deal with India’s GSPC
TotalEnergies and the Gujarat State Petroleum Corporation Limited (GSPC), a state-owned oil and gas company, announced the signing of a long-term Sale and Purchase Agreement (SPA) for a term of ten years starting in 2026.Under this agreement, TotalEnergies will supply GSPC with 400,000 tons of liquefied natural gas (LNG), amounting to six cargoes per year.The LNG, sourced from TotalEnergies' global portfolio and delivered to terminals on India's west coast…
Ocean Installer Extends Charter for North Sea Giant Subsea Construction Vessel
Ocean Installer, a subsidiary of Moreld, has executed an 18-month option, extending the charter-party with ship owner North Sea Shipping for the advanced multi-purpose offshore construction vessel North Sea Giant.The charter has been extended to the end of the first quarter of 2027 in order for Ocean Installer to meet contractual obligations and continued strong demand for offshore construction capacity…
Singapore Leads Table-Top Oil Spill Response Exercise
The Maritime and Port Authority of Singapore (MPA) has conducted a table-top exercise with Indonesia and Malaysia to enhance regional coordination and strengthen response capabilities for oil spills. The exercise brought together over 20 representatives from MPA, Indonesia’s Directorate General of Sea Transportation, Malaysia’s Environment Department, and oil spill response experts from ITOPF.As part…
Captain Steered Ship Straight onto Rock
An anchor chain failure, followed by a navigation failure, led to the grounding of the cargo vessel Bonnie G in the Caribbean Sea, the National Transportation Safety Board (NTSB) has concluded.On October 4, 2023, the Bonnie G was anchored, waiting out poor weather about 1 mile south of St. Thomas, U.S. Virgin Islands, when its anchor chain parted and the vessel began to drift toward land.As the captain attempted to navigate the vessel away from shore…
Potomac River: Safety of Navigation Fully Restored
The section of the Potomac River affected by the Jan. 29 midair collision of an American Airlines regional jet and a U.S. Army Black Hawk helicopter near Washington’s Ronald Reagan Washington National Airport has now been fully restored, six days ahead of schedule.After aiding in initial rescue and recovery operations, 49 US Army Corps of Engineers subject matter experts worked alongside more than 2…
Houthis Ready to Escalate Attacks
Yemen's Iran-backed Houthis, who control most of western Yemen including the capital, are ready to mount attacks on Israel if it resumes its assault on Gaza and does not commit to the ceasefire deal, the group's leader Abdulmalik al-Houthi said on Tuesday.The Houthis had attacked Israeli and other vessels in the Red Sea, disturbing global shipping lanes, in what they said were acts of solidarity with Gaza's Palestinians during Israel's war with Hamas."Our hands are on the trigger and we are read
US Angers China by Sailing Destroyer Through Taiwan Strait
Two U.S. Navy ships sailed through the sensitive Taiwan Strait this week in the first such mission since President Donald Trump took office last month, drawing an angry reaction from China, which said the mission increased security risks.The U.S. Navy, occasionally accompanied by ships from allied countries, transits the strait about once a month. China, which claims Taiwan as its own territory, says the strategic waterway belongs to it.China's military said the two U.S.
Aiviq becomes USCGC Storis, to be based in Juneau
![The Coast Guard on Dec. 20 completed acceptance of the motor vessel Aiviq from an Edison Chouest Offshore subsidiary. The vessel, acquired Dec. 11 through a $125 million firm fixed-price contract award to Offshore Service Vessels of Cut Off, Louisiana, will enhance U.S. operational presence in the Arctic and support Coast Guard missions while awaiting delivery of the polar security cutter (PSC) class.) [Credit: Edison Chouest Offshore]](https://images.marinelink.com/images/maritime/w100h1500/the-coast-guard-on-dec-156960.jpg)
The Coast Guard gets its first new polar icebreaker in more than 25 years.The Coast Guard has accepted its first new polar icebreaker in more than 25 years, but it’s not really new. The 12,900-ton, 360-foot Anchor Handling Tug Support Ship (AHTS) Aiviq was acquired by the Coast Guard and renamed USCGC Storis (WAGB 21).According to a Coast Guard statement, “On Nov. 20, the Coast Guard purchased the M/V Aiviq…
Navy Shipbuilding is in Focus, but Hegseth wants to Boost Overall Defense Spend
U.S. Defense Secretary Pete Hegseth said he wanted to increase overall U.S. defense spending and played down concerns over a pending audit by Elon Musk aimed at finding billions of dollars in waste at the Pentagon.Speaking in Germany during his first trip overseas, Hegseth said he had already been in touch with Musk and expressed confidence in the effort to find billions in cost-cutting and to make…
US Oil Output Projection Raised for 2025, says EIA
U.S. oil production is expected to reach new heights in 2025, surpassing earlier projections, according to the U.S. Energy Information Administration’s (EIA) latest Short-Term Energy Outlook. The EIA now forecasts U.S. crude oil production will average 13.59 million barrels per day (bpd) in 2025, up from its previous estimate of 13.55 million bpd.Despite this upward revision in production, the agency has kept its forecast for U.S.
Euroseas Secures Finances for Containership
First Citizens Bank's Maritime Finance business provided $26 million in financing to Euroseas Ltd., enabling the container shipping company to add a newly built 2,800 TEU ECOcontainership to its fleet.Euroseas (NASDAQ: ESEA) was formed in 2005. It owns and operates carrier vessels and provides seaborne transportation for containerized cargoes. The company owns a fleet of 24 vessels on the water, including 17 feeders and seven intermediate containerships…
Cable Recovery Vessel ‘Maasvliet’ Delivered
Holland Shipyards Group announced the delivery of the Maasvliet, a specialized cable recovery vessel, to Hartel Shipping & Chartering, part of Hudig & Veder Group. Maasvliet, measuring 90.6 meters in length and 13.2 meters in width, is designed to support offshore cable recovery operations efficiently. The vessel will be on long-term charter to Subsea Environmental Services and deployed for vital cable projects over the coming years.Maasvliet is equipped with advanced cable management systems…
DESMI Acquires Nordan Marine
DESMI, a global leader in pump and flow solutions, acquired Nordan Marine, a provider of service and repair solutions for cargo and fuel handling systems in the maritime sector. The move aims to bolster DESMI’s presence in the maritime industry, particularly in the growing market for LPG, LEG carriers, LNG, and alternative fuel-capable vessels.The acquisition aligns with DESMI's strategy to expand its gas cargo and fuel pump solutions portfolio…
