Damen Delivers Dredging Component Packages for TSHD Constructions
Damen Shipyards Group has announced the successful delivery of four advanced dredging component packages for Trailing Suction Hopper Dredgers (TSHDs). These vessels, which are being constructed at different shipyards in Central America, where two of them have already successfully undergone various dredge trials and have been accepted by the customer, while the remaining two are expected to be finished in 2026. The TSHDs are equipped with a dredge package designed and manufactured by Damen.
HyfloWind Float from SHI Receives ABS Approval
ABS issued approval in principle (AIP) to Samsung Heavy Industries (SHI) for its HyfloWind Float, a hybrid floating offshore wind structure designed to enhance production efficiency and streamline deployment processes.The HyfloWind Float features a concrete-based steel composite design, diverging from traditional all-steel structures. This approach facilitates local fabrication in regions where steel manufacturing capabilities are limited, helping lower the costs associated with importing steel.
Fincantieri, KAYO Form Naval JV to Build Vessels in Albania
Fincantieri has signed a Memorandum of Understanding (MoU) with KAYO, an Albanian company specializing in strategic industrial infrastructure, to establish a joint venture (JV) for the construction and maintenance of military vessels in Albania.The signing took place during the Italy–Albania Intergovernmental Summit in Rome, chaired by Italian Prime Minister Giorgia Meloni and Albanian Prime Minister Edi Rama…
Almost a Third of Russian Seaborne Oil Export Potential is Stuck in Tankers
Around 1.4 million barrels per day of Russian oil, or almost a third of the country's seaborne exporting potential, remain in tankers as unloading slows due to U.S. sanctions against Rosneft and Lukoil, JPMorgan said on Thursday.The U.S.
Hapag-Lloyd Pledges to Address Costs as Nine-Month Profit Drops 50%
German container shipper Hapag-Lloyd posted a 50% drop in nine-month net profit to 846 million euros ($989 million) on Thursday and lowered the top end of its full-year earnings forecast, blaming volatile markets and pledging to be strict on costs.The company revised its full-year earnings before interest and taxes (EBIT) projection to between 500 million and 1 billion euros, trimming the upper end…
Anschütz Establishes US Subsidiary
German navigation specialist Anschütz GmbH has founded a new subsidiary in the United States. Based in Bethesda, Maryland, Anschuetz USA Inc. aims to continue the successful tradition of “Anschütz of America” and optimize customer support for sales and service partners, commercial shipowners and shipyards, as well as government entities including the Coast Guard, Military Sealift Command, Navy and…
GNV Partners with Lloyd’s Register to Boost Decarbonization Training
Lloyd’s Register (LR) has collaborated with Italian ferry operator GNV to deliver the third edition of its training program dedicated to fleet energy efficiency and decarbonization. The three-day course, which took place November 10-12 at the MSC Training Centre in Sant’Agnello, Sorrento, involved approximately 50 members of the technical and operational staff from across the fleet, including Captains, Chief Engineers, Chief Pursers, First Engineers and Deck Officers.
Iris Innovations Launches Marine Night Vision CCTV Camera
Iris Innovations, a leader in specialized marine camera technology, has announced the launch of Photon, a compact ultra-low-light 4K night vision camera designed to make safe nighttime navigation accessible to every boater.Whether cruising after dusk, fishing before sunrise or patrolling remote coastlines, Photon delivers clarity and full-color imagery in near-total darkness, without the need for infrared or thermal imaging.
Echandia Selected to Supply New Battery System for Long-Range Electric Ferry
Echandia has been selected to deliver a new battery system for E/F Ellen, operated by Ærøfærgerne in Denmark. Echandia will supply a 3.2 MWh LTO battery system to replace the previous 4.3 MWh NMC system. The new system is designed for a 15-year lifetime and features multiple daily fast-charging cycles at high efficiency.Echandia’s LTO (Lithium-Titanate Oxide) technology is well-suited for high-frequency, fast-charging RoPax ferry operations, where reliability is critical.
Witherbys Sign Licensing Agreement to Release Official MCA, ILO eBooks on Witherby Connect
Witherby Publishing Group has announced a new licensing agreement with The Stationery Office (TSO), enabling the release of authorized digital editions of respected MCA and ILO maritime titles through Witherby Connect. This partnership further strengthens Witherbys’ position as the preferred digital content provider in the global maritime industry.The suite includes two cornerstone statutory publications—the ‘Ship Captain’s Medical Guide…
JV Expands Accelleron's Vessel Data Platform in Japan
Accelleron, Turbo Systems United—its joint venture—and seawise have entered into a partnership agreement to expand the reach of Accelleron’s digital solutions in the Japanese maritime market. Under this agreement, certain Accelleron digital solutions, including LOREKA360° Tekomar XPERT Engine, will be available as optional features on seawise’s vessel data platform, swDPF. This marks the first such…
Iron Ore Imports Spike 7% in China
“Iron ore shipments to China have risen 7% y/y since the end of June, following a stable period during the first half of the year. However, Chinese steel production has remained weak, leading to a build-up of portside inventories which reached an eight-month high in week 45,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.The recent uptick in Chinese purchasing appears to be driven by expectations of increased public spending and a rebound in manufacturing activity…
ESG Launches Fisher Island Ferry
Eastern Shipbuilding Group launched the vehicle-passenger ferry FALCON, being constructed for the Fisher Island Community Association (FICA).The ferry is designed to meet the unique needs of the Fisher Island route, combining enhanced vehicle capacity and passenger comfort with ESG’s proven vessel-construction expertise. FALCON is scheduled for delivery in Spring 2026 and is being constructed at ESG’s Allanton facility in Panama City…
Saipem Unveils AI-Backed Safety Harness for Workers at Height
Saipem has launched the LiSa Hyper Harness, a smart safety harness equipped with sensors and artificial intelligence designed to enhance worker safety during operations at height.The device monitors how workers connect to fall protection systems and alerts both the operator and a supervisor if the connection is missing or incorrect. The harness emits an acoustic signal, similar to a car seatbelt warning…
Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress
Singapore-based engineering group Seatrium has reported strong execution in the third quarter ended September 30, 2025, bolstered by major offshore and wind project deliveries, a high-value order book and strategic asset sales.The group’s net order book stood at about $12.8 billion (S$16.6 billion), covering 24 projects slated for delivery through 2031. During the third quarter of 2025 the company…
Hapag-Lloyd Records 50% Profit Drop, Lowers Full Year Outlook
German container shipping firm Hapag-Lloyd on Thursday posted a 50% drop in nine-month net profit to 846 million euros ($986.6 million) and lowered the top end of its full-year earnings outlook, citing market volatility and rising costs.The company narrowed its full-year earnings before interest and taxes (EBIT) forecast to between 0.5 billion and 1.0 billion euros, reducing the upper end from a previous…
Solstad Maritime Inks Contract for Normand Sentinel CSV
Norwegian offshore vessel owner Solstad Maritime has signed a contract award with an international subsea contractor for the Normand Sentinel contract support vessel (CSV).The firm contract will start early 2026 and will keep the Normand Sentinel fully committed until the end of 2027. The agreement, with an undisclosed client, also includes one yearly option thereafter.Normand Sentinel will support the client’s operations worldwide.
Crew and Cattle Stranded Off Turkey
The 52-year-old livestock carrier Spiridon II remains in quarantine off Turkey with around 20 crew and 2,853 cows onboard.Having departed from Montevideo (Uruguay) bound for Turkey on September 19 with 2,901 heifers, some of which may be pregnant, the Spiridon II is, over 50 days later, still unable to deliver the animals to shore.Veterinary authorities are refusing to allow them to disembark due to a controversy over ear tags that guarantee…
Gulf Island Reports Strong Third Quarter
Gulf Island Fabrication has reported strong third-quarter results with revenue of $51.5 million and adjusted EBITDA of $2.5 million, despite softer trends in its services business, a decline in small-scale fabrication activity and anticipated losses from the recently acquired Englobal business.Richard Heo, Gulf Island’s Chief Executive Officer, said: “We have made meaningful progress toward our strategic…
New McAllister Tractor Tug Arrives in New York
McAllister Towing’s newest tractor tug, the Gerard McAllister, has arrived in the Port of New York.American made at Washburn & Doughty, the tug is the fifth in a series of six 84-metric-ton bollard pull, low-emission tractor tugs. She is McAllister’s 42nd tractor tug and the 13th with over 80 metric tons of bollard pull.Driven by 6,770 horsepower in her CAT engines, the Gerard McAllister is built to handle the largest ships arriving on the U.S. East Coast.
