ICS, ITF Meet with Gulf State Representatives on Seafarer, Shipping Crisis
The International Chamber of Shipping (ICS) and the International Transport Workers’ Federation (ITF) have met representatives from Gulf States to address the ongoing conflict and its direct impact on seafarers and shipping in the Gulf.The meeting comes four weeks into the deadly conflict in which seafarers have been killed, ships have come under attack, and an estimated 20,000 seafarers remain stranded in conditions of fear and uncertainty…
Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf
Tehran attacked and set ablaze a fully loaded crude oil tanker off Dubai on Tuesday, despite a threat by President Donald Trump that the U.S. will obliterate Iran's energy plants if it does not agree to a peace deal and open the Strait of Hormuz.Authorities in Dubai said the fire on the Kuwait-flagged Al-Salmi had been brought under control following a drone attack, with no oil leak and no injuries to the crew.
MTF Issues Safety Guidelines for Wind-Assisted Ships
The Maritime Technologies Forum (MTF) has published new guidelines to support the safe operation of ships using wind-assisted propulsion systems, as the shipping industry increasingly adopts technologies aimed at reducing fuel use and emissions.The guidelines provide recommendations for developing and implementing safety management systems tailored to vessels equipped with wind-assisted propulsion systems (WAPS)…
Chiyoda, NYK, KNCC Target Global CCS Value Chain Development
Chiyoda Corporation, NYK Line and Knutsen NYK Carbon Carriers (KNCC) have signed a memorandum of understanding to collaborate on carbon capture and storage (CCS) projects globally.Under the agreement, the companies will work together to expand CCS business opportunities in Japan and overseas, including optimizing transportation methods for liquefied carbon dioxide.The collaboration will cover multiple stages of project development…
Kangnam to Build New Incat Crowther 80m Vessel Design
Incat Crowther was commissioned by South Korean shipbuilder Kangnam Corporation (Kangnam) to design a new 80-m high-speed catamaran RoPax ferry for operation by Korea Express Ferry (KEF). The new vessel will service routes between Incheon Metropolitan City and the Yellow Sea islands of Daecheongdo, Baengnyeongdo and Socheongdo in Ongjin County, Republic of Korea (South Korea).The project renews the successful partnership between Incat Crowther…
Saronic Closes $1.75B Series D Funding
Saronic Technologies today announced it has closed $1.75 billion in Series D funding to advance its mission of delivering autonomous platforms at scale across defense and commercial sectors. The round was led by Kleiner Perkins and values the company at $9.25 billion.Saronic welcomes Advent International, Bessemer Venture Partners, DFJ Growth, BAM Elevate, and other new partners and recognizes the continued commitment of its existing investors…
Golden Pass LNG Reaches First Production Milestone in US
Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has produced its first liquefied natural gas from the initial train of its export facility in Texas, marking a step toward full operations.The project, located in Sabine Pass, has a total capacity of 18 million tonnes per annum across three liquefaction trains. The start of production is expected to pave the way for the first LNG cargo…
Chevron’s Wheatstone LNG Plant Remains Offline Due to Cyclone Damage
Chevron said on Tuesday that downstream assets at its Wheatstone liquefied natural gas plant in Western Australia suffered extensive cyclone damage, leaving both production trains offline.Danny Woodall, Chevron's director of operations and maintenance for Australia, said the two LNG processing trains at the 8.9 million-ton-a-year facility remained shut after Tropical Cyclone Narelle struck the region last week."We have a number of fin fans or air-cooled heat exchangers that sustained some damage
UK's Wind Output Surge Softens Blow from Global Energy Disruption
Record output from wind farms has helped boost total clean power supplies in the United Kingdom to new highs so far in 2026, and allowed power firms to pare use of fossil fuels to multi-year lows.The growth in wind output has helped shield the UK power system from the worst effects of the U.S.
Gas Majors Oppose Australia LNG Windfall Tax as Prices Surge
Gas majors including Shell and Chevron warned Australia against introducing a windfall tax on gas exporters, saying it would deter investment and undermine energy security as LNG prices surge amid disruption caused by the Iran war.Australia became the world's second-largest LNG supplier after Iranian strikes forced Qatar to halt production, with its export revenue set to surge due to lower supply caused by the conflict.Canberra is weighing options to capitalise on the higher prices…
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