Pilbara Ports Signs Ammonia Bunkering MoU
Australia’s Pilbara Ports has taken a step further towards development of a low-carbon ammonia bunkering hub in the Pilbara by signing a Memorandum of Understanding (MoU) with Yara Pilbara.The Yara Pilbara plant is one of the largest ammonia production facilities in the world, utilising world-class export infrastructure in the Port of Dampier.The MoU advances the Pilbara Clean Fuel Bunkering Initiative…
EU Launches Industrial Maritime Strategy
The European Commission has adopted a comprehensive Industrial Maritime Strategy to drive competitiveness, innovation and technological leadership in Europe’s maritime manufacturing and shipping industries. The strategy sets out a vision and concrete actions to reinforce Europe’s industrial sovereignty, trade and economic security, while supporting the sectors’ clean and digital transition.EU shipbuilding and shipping are vital to the Union's strategic autonomy…
Insurance Broker Marsh Meets US Officials to Discuss Iran War
Insurance broker Marsh McLennan said on Wednesday it had met with U.S. officials to explore solutions for restoring maritime trade amid escalating fighting in the Middle East, as attacks in the region threaten energy shipments through the Strait of Hormuz.The waterway, a critical chokepoint between Iran and Oman, carries about a fifth of globally traded crude oil and liquefied natural gas.Shipping through the strait has slowed significantly following Iranian strikes on commercial vessels…
Exxon to Send its First Fuel Shipment from US Gulf Coast to Australia
Exxon Mobil is set to ship around 600,000 barrels of fuel from the U.S. Gulf Coast to cover its own import requirements in Australia, the first such shipments by the oil major, four sources with knowledge of the matter said.The planned shipments, on a route rarely used for refined products flows, show how severely global oil trade has been impacted by the near-complete halt of shipping in the Strait of Hormuz after Iran began striking vessels in the waterway this week in retaliation for U.S.
Oil companies reject Trump Administration's Alaska Offshore Auction
The Trump administration sold more than 400,000 acres (406,876 hectares) of land in Alaska's Cook Inlet on Wednesday, but no oil and gas drillers showed up. They refused to make a bid.The One Big Beautiful Bill Act of U.S. president Donald Trump, which was signed into law in 2017, mandates six Alaska offshore gas and oil auctions through 2032.Trump has sought ways to increase domestic oil and gas production, including in Alaska, where the industry has seen a decline in recent decades.
Port of the Future 2026: A Look Back, a Path Forward
A Quick Q&A with Port of the Future Founder and Event Director Kevin Clement on key differentiators and the value of attending, exhibiting and speaking at Port of the Future 2026:CLICK HERE to discover the conference line-up and to register for Port of the Future 2026 in Houston, March 23-25.Q: What inspired the creation of the Port of the Future Conference?The idea started in 2019 with Dr. Tony Ambler at the University of Houston.
American Pilots’ Association Supports NOAA's Move to Adapt North Atlantic Right Whale Vessel Speed Rule
The American Pilots’ Association (APA) applauds the March 4, 2026 announcement by the National Oceanic and Atmospheric Administration (NOAA) that, as part of ongoing efforts to evaluate and improve regulations, it is publishing an advance notice of proposed rulemaking (ANPRM) to consider deregulatory action to modify and modernize the North Atlantic Right Whale Vessel Speed Rule (NARW VSR). In August 2022…
Armon Shipyard Delivers MAURIC Fast Ferry Bindy II
Spanish shipyard Armon has delivered the Fast Ferry Bindy II to Morlenn Express (Sogestran Group), a passenger catamaran of under 30 meters with a beam of 10.7 meters, designed by MAURIC. Capable of carrying 400 passengers at 20 knots and fitted with IMO Tier III-compliant engines, the vessel marks a milestone in the fleet renewal program of the Brittany-based operator.Appointed by Morlenn Express in 2023 as part of their fleet renewal strategy…
India's MRPL Declares Force Majeure on Fuel Exports as Iran Conflict Disrupts Crude Supplies
India's Mangalore Refinery and Petrochemicals has suspended fuel exports due to the Middle East conflict that has disrupted crude oil flows from the Gulf, two sources familiar with the matter said on Wednesday.The company has declared force majeure on all upcoming gasoline export cargoes for March and April, two separate trade sources said.MRPL had awarded two to three cargoes of gasoline via tenders for early March loading and is in discussions with buyers on settling those supplies…
Shipping Crisis in the Strait of Hormuz Deepens, Tankers Stranded for Fifth Day
The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralysed shipping through the Strait of Hormuz for a fifth day and choked off vital Middle East oil and gas flows.The U.S. submarine strike on the Iranian vessel came as U.S. President Donald Trump pledged to provide insurance and navy escorts to ships exporting oil and gas from the Middle East in a bid to contain soaring energy prices.At least 200 ships…
Russian LNG Tanker Sinks in Mediterranean
A Russian tanker carrying liquefied natural gas (LNG) sank in the Mediterranean on Wednesday after what Moscow described as an attack by Ukrainian drones launched from Libya.The Arctic Metagaz sank in waters between Libya and Malta after catching fire a day earlier, Libya's maritime rescue agency said in an advisory seen by Reuters."Information indicates that the tanker experienced sudden explosions followed by a massive fire, which ultimately led to its complete sinking," the agency said.Ukrain
Glamox to Light US Navy’s Towing, Salvage, and Rescue Ship
Glamox, a leading lighting companies, has secured a contract from Austal USA to supply exterior and interior LED marine lighting for the future USNS James D Fairbanks (T-ATS 13), the latest Navajo-Class (T-ATS) Towing, Salvage, and Rescue ship being constructed for the US Navy (USN). This new contract brings the total to three T-ATS ships that Glamox is lighting for Austal USA. Previously, Glamox was…
Keel of USS Philadelphia Authenticated by HII’s Ingalls Shipbuilding
Ingalls Shipbuilding division authenticated the keel for the future USS Philadelphia (LPD 32), a Flight II San Antonio-class amphibious transport dock ship.The ceremony included ship sponsor Maureen Paparo, a Philadelphia native, who was joined by her spouse, Adm. Samuel Paparo, commander U.S. Indo-Pacific Command. Also, attending the ceremony was Chris Kastner, HII’s president and CEO, Brian Blanchette, Ingalls Shipbuilding president and key U.S.
Hempel Delivers Highest Financial Results to Date
Hempel A/S delivers its best financial result to date with free cash flow of USD$301.4 million (EUR 259 million) and the strongest adjusted EBITDA margin in the company history, achieving 18.2%, and an adjusted EBITDA of USD$458.5 (EUR 394 million). Total revenue in 2025 amounted to USD$2,519 million (EUR 2,165 million). Organic growth for the year, in fixed currency and adjusted for divestments, was 3.4%.
Rising Sanctions, Compliance Complexity Increase Global Shipping Risks
Maritime companies face rising sanctions and compliance complexity as regulators increasingly expect risks to be detected before violations occur, according to a new report published by Marcura.The report “The Fragmentation Problem in Maritime Compliance” points to divergence between US, EU and other sanctions regimes. Secondary sanctions have expanded, and a growing shadow fleet continues to obscure ownership, insurance and trading histories.
Orca AI Launches 360° Field of View
Orca AI has launched the next generation of its AI-based operational platform, delivering a 360° field of view (FOV) around a vessel as a foundation for advanced collision avoidance and autonomous navigation.The 360° FOV configuration is enabled by three SeaPod lookout units, each equipped with high-sensitivity RGB and thermal cameras. Working in unison, they deliver continuous full-perimeter coverage and unified situational awareness around the vessel…
Kongsberg Maritime, Seadrill, Hanwha Drilling to Develop Remote Dynamic Positioning Technology
Seadrill Limited, an offshore drilling contractor, Kongsberg Maritime AS, a global technology leader, and Hanwha Drilling, a provider of offshore drilling services, announced a strategic alliance to develop the next generation of remote Dynamic Positioning (DP) technology in offshore drilling.This collaboration represents a shared commitment to defining a global operating model for the future of DP operations for the industry.
Palumbo Shipyards Naples: record turnaround times and world‑class international partners for the LPG/C Rhourd El Fares
Palumbo Group’s Naples facility has successfully completed the refit of the LPG/C Rhourd El Fares.The 174‑meter LPG/C, 23,059 GT, arrived with an extensive scope of work, ranging from mechanical systems to coatings.Engineers coordinated multiple technical teams engaged in dry‑docking operations, mechanical works and, in particular, main‑engine maintenance and generator tuning. Specialist crews carried…
Strategic Marine Delivers First Supa Swath CTVs to Mainprize Offshore
Strategic Marine has delivered the first two Supa Swath crew transfer vessels (CTVs) to Mainprize Offshore, marking the initial handover under a multi-vessel contract signed at in June 2024.The deliveries represent the first two vessels in a program covering six Supa Swath vessels, with options for a further six units. The contract supports Mainprize Offshore’s fleet expansion for offshore renewables…
QatarEnergy Declares Force Majeure with LNG Production Still on Hold
QatarEnergy has declared Force Majeure to its affected buyers, following the decision to stop the production of liquefied natural gas (LNG) and associated products as a consequence of Israel-U.S. war with Iran.“QatarEnergy values its relationships with all of its stakeholders and will continue to communicate the latest available information,” the company said in a statement on March 4, 2026.Qatar halted its production of LNG on March 2, following Israeli and U.S.
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