UK Targets Lukoil, Rosneft, Shadow Fleet with Sanctions
Britain targeted Russia's two largest oil companies, Lukoil and Rosneft, and 51 shadow fleet tankers on Wednesday in what it described as a new bid to tighten energy sanctions and choke off Kremlin revenues.Lukoil and Rosneft were designated under the Britain’s Russia sanctions laws for what London described as their role in supporting the Russian government. They are subject to an asset freeze, director disqualification…
GTT, Bloom and Ponant to Develop New Energy System for Future Cruise Vessel
French engineering specialist GTT has teamed up with Bloom Energy and Ponant Explorations Group to develop an integrated energy system combining solid oxide fuel cells (SOFC) powered by LNG with marine carbon capture, aiming to significantly cut onboard emissions for future cruise operations.The system is slated to be installed on Ponant’s Swap2Zero cruise vessel by 2030. The vessel will be propelled by wind-assisted technology and fuel cells…
DeepOcean Charters Glomar Vessel to Expand O&G, Offshore Wind Services
Ocean services provider DeepOcean has expanded its service offering to the offshore renewables and oil and gas industries by entering into a time charter agreement for the multipurpose support vessel Glomar Supporter.Chartered from Glomar Offshore, the Glomar Supporter vessel will join DeepOcean’s fleet in January 2026 with its first operations planned in EuropeDeepOcean will utilise the Glomar Supporter to enhance its offering in survey…
Van Oord Receives Hydraulic Engineering Accolades for Offshore Wind Work
Dutch offshore installation firm Van Oord has been awarded the prestigious Jan Agema Award 2025 for its contribution to the offshore wind project Borssele III, IV and V.The jury praised the project for its technical innovation, societal relevance, and future-proof design, highlighting it as a powerful response to the urgent energy transition in the North Sea.The Jan Agema Award, established by the Dutch Association of Hydraulic Engineers in honor of Jan Agema…
Indonesia Oil Tanker Fire Kills 10, Injures 18
At least 10 people were killed and 18 injured after an oil tanker caught fire early on Wednesday as it was being repaired in Indonesia's Riau Islands province, according to local police.Fire broke out on the vessel, the MT Federal II, at around 4 a.m. on Wednesday (2100 GMT Tuesday) at a shipyard in the city of Batam, local police chief Zaenal Arifin said. Batam is around 20 kilometres (12.4 miles) away from Singapore by sea.MT Federal II was docked and undergoing repairs when it caught fire…
China Finds Faster Trade Route to Europe with Maiden Arctic Voyage
A Chinese container ship has completed a pioneering journey through the Arctic to a UK port, state-run news agency Xinhua reported, cutting in half the usual transit time for the electric vehicles and solar panels aboard destined for Europe.The Istanbul Bridge's maiden voyage, originally expected to take 18 days, was delayed by two days due to a storm off the coast of Norway but the ship still reached…
China’s Move Against Hanwha Units Seen as Warning, No Immediate Impact
China's sanctions against five U.S.-linked affiliates of South Korean shipbuilder Hanwha Ocean are seen as a warning gesture without immediate impact, and Beijing is unlikely to gain much by expanding them, analysts said on Wednesday.The move, announced on Tuesday when the U.S. and China began charging additional port fees targeting each other's vessels, comes ahead of an expected meeting between U.S.
US Strike Kills Six Off Venezuela, Trump Says
A U.S. strike on a boat off the coast of Venezuela on Tuesday killed six suspected drug traffickers, President Donald Trump said, the latest such operation in recent weeks as the U.S. builds up military forces in the region.The strike is the most recent example of Trump's efforts to use U.S. military power in new, and often legally contentious, ways, from deploying active-duty U.S. troops in Los Angeles…
Australian Border Force Seizes Seven Foreign Fishing Vessels
Over the past month, Australian Border Force (ABF) has destroyed seven foreign vessels and detained the crews after they were allegedly caught fishing illegally in waters off northern Australia.Authorities seized a combined total of 1,930kg of sea cucumber, 2,844kg of other catch as well as assorted fishing equipment.All vessels have been destroyed in accordance with Australian law and the crews brought…
Research Vessel Under Construction for Cape Fear Community College
A 26-metre research vessel designed by Incat Crowther for the Cape Fear Community College (CFCC) in Wilmington, North Carolina, is now under construction at Midship Marine’s Louisiana shipyard.The new vessel boasts a robust aluminium structure allowing it to be used by CFCC’s Marine Technology program for extended multi-day and week-long on-water research and education activities throughout the Cape…
Trade Group Wants Ban on Export of Scrap Aluminum Cans to China
A trade group representing the aluminum industry called on Tuesday for a ban on U.S. exports of used beverage cans to China to support American production of cars, fighter jets, tanks and satellites.The Aluminum Association said the United States consumes between 5 million to 6 million metric tons of aluminum scrap annually while exporting more than 2 million tons. The group called for an immediate ban on used beverage container exports outside of North America on national security grounds…
IRPT, EFIP Sign Transatlantic MoU
Inland Rivers, Ports & Terminals, Inc. (IRPT) and the European Federation of Inland Ports (EFIP) announced on October 1 a transatlantic partnership through a Memorandum of Understanding (MOU) focused on modernizing infrastructure, expanding commercial opportunities, and accelerating knowledge-sharing across the inland waterway freight network. The partnership is designed to strengthen collaboration between American and European inland ports and terminals…
IMF Warns of a "Disorderly" Global Market Correction Amidst Geopolitical Tensions
Global markets are getting too comfortable with risks like trade wars, geopolitical tensions and yawning government deficits, which, combined with already overpriced assets, increase the chance of a "disorderly" market correction, the International Monetary Fund said on Tuesday.Underscoring the IMF's warning, President Donald Trump's revived threats on Friday to hike tariffs on China stoked investor fears of a major asset price correction. The comments sparked a sell-off in U.S.
AEGIR-Marine Announces B Corp Certification
AEGIR-Marine has been certified as a B Corporation (B Corp). With this certification, AEGIR-Marine joins other businesses that meet standards of social and environmental performance, accountability and transparency.AEGIR-Marine pursued this certification to strengthen its commitment to sustainability and to demonstrate that responsible business practices can go hand in hand with long-term success in…
IMO Secretary-General Opens 2nd Session of the Marine Environment Protection Committee
Secretary-General Arsenio Dominguez delivered opening remarks at IMO headquarters in London, as the Marine Environment Protection Committee (MEPC) meets to discuss the adoption of global regulations to reduce greenhouse gas emissions from international shipping (October 14-17).Full text below of the speech delivered on Tuesday, October 14, 2025:"Good morning distinguished delegates, welcome to this second Extra-ordinary session of the Marine Environment Protection Committee.
Cavotec MoorMaster Systems Operational at Iroquois Lock in Canada
Cavotec has successfully delivered and commissioned three MoorMaster automated mooring systems at the Iroquois Lock in Ontario, Canada. The systems were officially handed over to the Saint Lawrence Seaway Management Corporation (SLSMC) on June 30, 2025.With this latest installation, Cavotec’s MoorMaster systems support vessel transit at nearly all locks of the St. Lawrence Seaway, with only Lock 8 in the Welland Canal remaining to be equipped in 2026.
Helm Operations Announces Leadership Transition
Helm Operations, a provider of maritime operations and crew management software, announced a key leadership transition as James Wadsworth assumes the role of Chief Executive Officer (CEO). Nolan Barclay, Helm’s first employee and most recent CEO, will continue to support the company as Chairman.Wadsworth brings more than two decades of maritime industry experience and visionary leadership to the role.
Survitec Launches Next-Gen Foam System for More Effective Fire Protection
Survival technology specialist Survitec has launched its next-generation high-expansion foam fire suppression system, designed to deliver higher foam output at lower operating pressures while reducing both installation and through-life costs for shipyards and shipowners.The key breakthrough lies in a redesigned generator that produces greater volumes of foam at significantly lower feed pressures. Traditionally…
Rio Marine Achieves First AWO RCP Certification
The Towing Vessel Inspection Bureau (TVIB) announced that Rio Marine, Inc. has become the first maritime services provider to achieve certification under the American Waterways Operators’ (AWO) Responsible Carrier Program (RCP).The RCP is a safety management system for the tugboat, towboat, and barge industry that sets standards for safety, environmental stewardship, and continuous improvement. To earn certification…
Seaspan Picks Elomatic for Polar Icebreaker Build Program
Seaspan Shipyards has awarded a contract to Elomatic Consulting, an international consulting and engineering company, to provide engineering and design support services for the Canadian Coast Guard’s Polar Icebreaker build contract.As one of the primary partners throughout the functional and production design phases of the Polar project, the award further strengthens Elomatic’s ongoing partnership with Seaspan.Under the contract…
