EU Sends Warship to Somali Coast After Suspected Pirate Attack
The European Union's counter piracy force has deployed a warship to the coast off Somalia after a suspected pirate group tried to target ships in the area, maritime sources said on Wednesday.Armed assailants attacked a commercial tanker off the coast of Mogadishu on Monday, firing at the vessel after attempting to board the ship in the first suspected Somali piracy incident of its kind since 2024, maritime sources said.The attack and other incidents have raised concerns for the shipping lane thr
Raymarine Expands Pathfinder Radar Product Line
Raymarine, a leader in marine electronics, announced the availability of its latest Pathfinder Radar Systems, including the IMO Type Approved CAT-1 Radar and the new Pathfinder Black Box Radar System. These solid-state radar solutions meet the diverse needs of international shipping, large workboats, superyacht, and inland commercial vessels.Built on Raymarine’s radar platform, Pathfinder delivers resolution, reliability, and integration capabilities.
StormGeo Launches NextGen s-Insight Bunker Management
StormGeo, a provider of weather intelligence and maritime decision-support solutions, announced the launch of its Next Generation s-Insight Bunker Management platform, a step forward in digitalizing and optimizing bunker planning and procurement for the global shipping industry.Built to empower commercial operators to optimize every stage of the bunker value chain, the NextGen platform unifies planning…
WinGD, Qatar Shipyard Technology Solutions Cooperate on Engine Service
WinGD has signed a memorandum of understanding (MoU) with Qatar Shipyard Technology Solutions, a leading shipbuilder and repair yard, to expand engine aftercare and technical services in the Middle East. The partnership, agreed upon during Nor-Shipping in June, will strengthen delivery of WinGD’s new lifecycle services offer, Global Service by WinGD, to Middle Eastern ship operators by enhancing regional capabilities in engine maintenance…
ABB Azipod Propulsion to Power New Canadian Icebreaker
ABB has secured a contract with Helsinki Shipyard to supply a complete electric power and propulsion solution for the Polar Max icebreaker, which is expected to be delivered to the Canadian Coast Guard by 2030.Polar Max will be constructed through an industrial collaboration between Canadian-controlled facilities in Helsinki, Finland and Lévis, Canada. The 22,800-ton, 138.5-meter vessel is the first shipbuilding project at Helsinki Shipyard under the ownership of Davie…
Offshore Wind Leaders Urge Europe to Accelerate Permits As Trump Freezes US Market
Denmark's Orsted and Vestas, two of the world's top offshore wind power groups, urged European nations on Wednesday to speed up permitting, improve auction terms and invest in power grids to deliver their potential for strong growth in the sector.The offshore wind industry, facing a near-frozen U.S. market amid President Donald Trump's opposition to renewables, is increasingly looking to Europe for opportunities.Vestas…
DOF Group ASA Shares Q3 2025 Financial Report
DOF Group ASA's revenue for 3rd quarter totals USD 501 million and EBITDA totals USD 205 million. The operating profit (EBIT) is USD 138 million. Net financial cost amounts to USD -1 million, including unrealized currency gain of USD 20 million. The result after taxes is USD 107 million. The Group’s net interest-bearing debt is USD 1,332 million. The equity is USD 1,978 million giving an equity ratio of 46%.Key Highlights in the 3rd quarter:The Group delivered EBITDA of USD 205 million…
Sercel Awarded Five-Year Marlin Support Contract by ExxonMobil Guyana
Sercel announced the award of a five-year technical support and maintenance contract by ExxonMobil Guyana Ltd. for the Marlin Vessel Tracking and Alerts (VTA) software solution, delivered to the client in 2024. Sercel will provide comprehensive technical support, system maintenance, and ongoing software enhancements for the Marlin VTA solution currently being deployed by the client to enhance operational safety and increase situational awareness of vessel movements offshore Guyana.
Shell Marine Launches Sensor Service to Improve Vessel Uptime
Shell Marine has launched a new technical service, Shell Marine Sensor Service (SMSS), an onboard monitoring service that provides real-time insights into oil and equipment condition, helping shipping operators improve vessel uptime and operational resilience.The new service acts as a “digital deckhand,” continuously monitoring oil condition to help crews manage and maintain equipment across a vessel proactively to prevent unplanned downtime.Designed to detect maintenance issues early…
Great Lakes Dredge & Dock Q3: Profit Up, Revenue Slightly Miss
Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD), the largest U.S. dredging contractor, reported third-quarter 2025 earnings that topped profit estimates but came in just shy of revenue expectations, reflecting steady operations amid a cooling federal project environment and a shrinking backlog.The company reported revenue of $195.2 million, a modest 2% increase from last year’s $191.2 million but below analyst estimates of around $200 million.
Algoma Central Fleet Hits the 100-Vessel Mark, Records Strong Q3
St. Catharines, Ontario–based Algoma Central Corporation (TSX: ALC) reported a solid third quarter for 2025, marked by fleet milestones, steady revenue growth across segments, and ongoing investment in next-generation vessels.For the quarter ended September 30, Algoma posted revenue of C$228 million, up from C$205 million a year earlier, and EBITDA of C$89.7 million, a 19% increase year-over-year.
Anglo-Eastern Debuts Methanol Bunkering Simulator, Courses
Anglo-Eastern Univan Group introduced its methanol bunkering simulator in October, developed in collaboration with Wärtsilä, a system that delivers both theoretical and practical training for the safe handling of methanol as a marine fuel. This follows the launch of the world’s first functional LNG ((Liquefied Natural Gas))/ammonia bunkering station skid at the Anglo-Eastern Maritime Academy (AEMA) in Karjat, Mumbai in February.
Dutch Maritime Awards Present Winners for Innovative Solutions
On November 3, the Dutch national awards for maritime innovations were presented. The winners were honored for their innovative contributions to the sector.Out of 15 nominees, a professional jury selected five winners over the past few weeks, who received their awards in front of hundreds of people, including political and media representatives.Maritime Ship of the Year Award: Royal van Lent/Feadship…
Dave Otto Joins Accelleron as Territory Sales Manager
Accelleron North America has welcomed Dave Otto as Territory Sales Manager. Dave will lead service sales activities across the eastern United States and the Caribbean, in the power production, cruise, shipping, and gas compression markets, to strengthen customer relationships and support their operational needs.Dave brings more than 30 years of industrial sales experience to Accelleron. For the past 10 years…
Matson Paid $6.4 million in Port Fees to China
U.S. ocean shipping company Matson MATX.N has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday.President Donald Trump and President Xi Jinping last week agreed to put those tit-for-tat levies on pause for 12 months, starting on November 10. Media outlets in China had reported that Hawaii-based Matson, one of a handful of global shipping firms with U.S.-built and -flagged vessels…
The Great Lakes Group Announces Promotions
The Great Lakes Towing Company and Great Lakes Shipyard have promoted Gregg Thauvette and Thomas Rigolo, two long-time leaders whose commitment and expertise have been key to the companies’ continued success.Gregg Thauvette has been promoted to Executive Vice President to President of The Great Lakes Towing Company, where he will continue to oversee all harbor towing and fleet operations across more than 40 U.S.
James Fisher Opens Uruguay Base
James Fisher and Sons has established a new operational base in Uruguay. A key growth region for the business, the new base expands James Fisher’s ship-to-ship (STS) services in South America to provide a strategic hub for clients requiring rapid mobilization and support across South America’s energy trade routes.The base was inaugurated with a successful offshore operation, safely transferring one million barrels of crude oil between two tankers.
Pole Star Global Introduces Intelligence Ecosystem with Generative AI
Maritime intelligence company Pole Star Global has launched three new products — Meridia, Meridia IQ, and Insights Data Products — forming a unified ecosystem that integrates maritime analytics, generative AI, and data delivery.Together, these solutions empower shipping companies, governments, and financial institutions to act on trusted intelligence in real time — improving safety, compliance, and operational performance across global maritime domains…
ILO Adopts Migrant Fisher Labor Guidelines
The International Labour Organization (ILO) has adopted Guidelines for Fair Labour Market Services for Migrant Fishers at a meeting convened in Geneva from October 27 to 31.Guidance on recruitment processes, work agreements, complaint procedures, and enforcement measures is included to safeguard the rights of migrant fishers globally while also supporting employers in recruiting and retaining a skilled…
OMV CEO Warns EU Risks Losing Qatari Gas over Sustainability Law
The CEO of Austrian energy firm OMV on Tuesday urged the European Union to reconsider its sustainability legislation or risk losing Qatar as a gas supplier which would undermine prosperity in the region.Qatar's Energy Minister Saad al-Kaabi, who is also CEO of QatarEnergy said on Monday that he could halt business with the EU if it does not significantly ease its Corporate Sustainability Due Diligence Directive.Kaabi told Reuters at the ADIPEC energy conference in Abu Dhabi that Qatar has contin
