WiseTech Global and Hapag-Lloyd Launch IoT Container Tracking Pilot
Supply chain technology solutions company WiseTech Global has partnered with Hapag-Lloyd to trial the integration of Internet of Things (IoT) technology for real-time global container visibility, tracking and data collection.Hapag-Lloyd’s fleet of 2 million containers are equipped with IoT devices that frequently transmit location updates directly to WiseTech’s ecosystem of platforms for the logistics, global trade and supply chain industry.
Korea Advances International Standards for Ammonia Effluent Discharge
While the IMO has established interim guidelines to facilitate the use of ammonia as a marine fuel, international standards governing the safe treatment and discharge of toxic ammonia effluent generated during vessel operations have yet to be developed.Unlike typical aqueous ammonia, this effluent exhibits different physical and chemical characteristics, and the lack of clearly applicable international standards has created uncertainty for ship design…
Activity Increases in Ship Recycling Yards
The weekly roller coaster that has become the global marketplace went through its regular gravitational drop this week, with the U.S. dollar taking the “cement-footed diving approach” in all ship-recycling destinations… except Turkey, reports cash buyer GMS.The Baltic Exchange Dry Bulk Index fell 0.7% down to a two-week low, dragged by the Capesize index, which fell 1.1% over the week. The Panamax index slipped 0.4%, while the Supramax index rose 0.2%. Meanwhile, easing tensions between the U.S.
Stowaway Cocaine Smuggler Caught San Juan Harbor
The U.S. Coast Guard and partner agencies apprehended a stowaway smuggler and seized 10 bales of cocaine in San Juan Harbor, Puerto Rico, on January 28.The seized contraband weighed a combined total of 358kg/789.25 pounds and is estimated to have a wholesale value of more than $5 million. The apprehended suspect faces federal prosecution on drug trafficking charges.Sector San Juan Command Center watchstanders…
IBIA Announces Results of Board Member Elections at AGM
IBIA – International Bunker Industry Association Board announced the outcome of their elections at the IBIA Annual General Meeting (AGM), ahead of the IBIA Annual Dinner at the Grosvenor House Hotel in London’s Park Lane.A total of eleven candidates stood for election for the four available Board positions. Following the close of voting, it is confirmed that the following candidates have been elected/re-elected to serve a three-year term on the IBIA Board:Claudia Beumer…
Keel Laying Ceremony Held for U.S. Army Corps of Engineers Hopper Dredge
On January 22, 2026, Eastern Shipbuilding Group (ESG) and partners, U.S. Army Corps of Engineers (USACE) and Royal IHC, held a keel laying ceremony for the ongoing construction of the Dredge DONNELLY at Eastern’s Allanton Facility.The DONNELLY is a Medium Class Hopper Dredge that has been under construction since April 2025. The vessel will replace the Dredge McFARLAND and will play a critical role…
EU Proposes Extending Sanctions on Russian Oil to Georgian, Indonesian Ports
The EU has proposed extending its sanctions against Russia to include ports in Georgia and Indonesia that handle Russian oil, the first time it would target ports in third countries, a proposal document showed on Monday. The proposal, reviewed by Reuters, wouldadd Kulevi in Georgia and Karimun in Indonesia to the sanctions list, meaning European companies and individuals would be barred from carrying out transactions with the two ports.The sanctions package…
Russian Oil Tankers List Singapore as Destination, Export Flows Shift to China
Russian oil tankers are increasingly listing Singapore as their official destination, signalling a shift in export flows from India to China and growing concerns over Western sanctions, traders said and LSEG shipping data shows.LSEG data shows tankers carrying about 1.4 million metric tons of Russian crude departed for Singapore in January, the highest monthly volume in recent years.Singapore doesn't import Russian oil amid sanction risks…
US Boards Another Venezuela-Linked Tanker in Indian Ocean without incident
U.S. military forces boarded a crude oil tanker in the Indian Ocean after pursuing it from the Caribbean, Defense Secretary Pete Hegseth said on Monday, accusing the vessel of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela."Overnight, U.S. military forces conducted a right-of-visit, maritime interdiction and boarding on the Aquila II without incident " Hegseth wrote in a post on X.
Iran Tensions Simer, US Warns Vessels Transiting Strait of Hormuz
The United States issued fresh guidance on Monday to commercial vessels transiting the Strait of Hormuz, a key shipping lane for Middle East oil supplies, as tensions simmered between Washington and Tehran over Iran’s nuclear program.Iran has in the past threatened to close down the Strait of Hormuz, a portion of which lies within its territorial waters, and has at times seized commercial ships and oil tankers moving through the area alleging smuggling.The U.S.
Oil Prices Rise After US Urges Caution for Vessels Traveling Near Iran
Oil prices rose more than 1% on Monday after the U.S. Department of Transportation issued an advisory to U.S.-flagged vessels to stay as far as possible from Iranian territory while voyaging through the Strait of Hormuz and Gulf of Oman.Brent crude oil futures were up 89 cents, or 1.3%, at $68.94 a barrel by 11:24 a.m. EST (1624 GMT). U.S. West Texas Intermediate crude rose 83 cents, or 1.3%, to $64.38.The U.S.
Bahri’s Tanker Fleet Growth Drives Record Results
Bahri posted record financial results in 2025, underpinned by a strengthening crude tanker market and a larger, younger owned fleet that increased exposure to improving rate conditions.Full-year revenue reached $10.35 billion, up 9% year-on-year, while net profit climbed to a record $2.43 billion. Momentum accelerated in the second half of the year as VLCC markets tightened, supported by longer-haul crude trade flows and limited fleet growth across the global tanker sector.
Stena Line Completes Acquisition of Wasaline
A ceremony in Umeå marked the official completion of Stena Line’s acquisition of Wasaline.“The close and strong cooperation between Sweden and Finland is of central strategic importance to both our countries. Robust and reliable transport links are a fundamental prerequisite for a competitive business sector as well as for strengthened preparedness and security. Ferry traffic between Sweden and Finland is attractive and viable…
Bureau Veritas Grants AiP to Greenroom Robotics’ Maritime Autonomy Software
Bureau Veritas Marine & Offshore (BV) has granted an Approval in Principle (AiP) to Greenroom Robotics for its maritime autonomy software, GAMA. This is the first time a maritime autonomy software, enabling self-navigation has been granted AiP by Bureau Veritas, marking an advancement for maritime robotics and autonomous operations.Greenroom’s GAMA software employs AI to create a fully autonomous navigation system.
U.S. Military Boards Suezmax Tanker Aquila II
U.S. military forces boarded a crude oil tanker in the Indian Ocean after pursuing it from the Caribbean, Defense Secretary Pete Hegseth said on Monday, accusing the vessel of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela."Overnight, U.S. military forces conducted a right-of-visit, maritime interdiction and boarding on the Aquila II without incident " Hegseth wrote in a post on X.
Transocean to Acquire Valaris for $5.8B
Oilfield services firm Transocean RIG.Nsaid on Monday it will acquire peer Valaris VAL.N in an all-stock deal valued at $5.8 billion, expanding its exposure across deepwater, harsh-environment and shallow-water basins worldwide.Transocean shares were down 4% at $5.16, while Valaris shares were up 14.6% at $71.61 in premarket trade.Oilfield service providers have followed energy producers and pursued deals to navigate operational and pricing pressures…
Training the Shore to Think Like the Ship
In many maritime organizations, the most effective people in shore-based leadership roles are those who have spent meaningful time onboard. Designated Persons Ashore and Port Captains often earn their positions not because of spreadsheets or policy expertise, but because they understand the realities of life at sea. They know how decisions made ashore ripple through watch schedules, maintenance routines, weather windows, and crew fatigue.
Caudwell Presents AX300 Diesel Outboard in Maldives
Caudwell Marine hosted an industry launch briefing for the AX300 Diesel Outboard alongside its participation in the Maldives Marine Expo.The Maldives is characterized by high-utilization fleets, long daily run hours and year-round exposure to heat, saltwater and heavy operational loads. These conditions closely mirror the duty cycles the AX300 Diesel has been engineered to address.The AX300 Diesel…
AET Adds Hybrid Electric Dynamic Positioning Shuttle Tanker
AET signed an agreement for its first hybrid electric Dynamic Positioning Shuttle Tanker (DPST), designed to be dual-fuel, lower-emissions-ready and secured on long-term charter. AET operates one of the world’s largest DPST fleets, with 17 vessels deployed across Brazil and Norway, and further growth planned. With dual-fuel capability across all tanker segments, the addition of hybrid electric propulsion…
CMB.TECH to Record $98M Gain from Sale of Two Oil Tankers
Belgian oil tanker group CMB.TECH has agreed to sell two very large crude carriers (VLCCs) in a transaction expected to generate a capital gain of about $98.2 million.The vessels sold are 2012-built, 314,000 dwt Ingrid and Ilma VLCCs.The ships are scheduled to be delivered to their new owner in the second quarter of 2026.CMB.TECH said the capital gain, calculated based on the net sales price and book values of the vessels, will be recognized in the second quarter of 2026.
