Ukraine to Protect Ports, Exports After Recent Russian Attacks
Ukraine will do everything possible to protect its seaports and guarantee grain exports at no less than last season's level,its deputy economy minister, Taras Vysotskiy, told Reuters on Wednesday.Russia has sharply stepped up attacks in recent weeks on Ukrainian Black Sea ports' infrastructure and on cargo vessels entering Odesa ports to export grain and other agricultural goods.Brokers say shipowners are refusing to enter Ukrainian ports because of sharply increased war risks…
Shipping Companies Turn Down US-Guided Military Transit Through Hormuz
Shipping companies are avoiding using a U.S. military-guided transit scheme through the Strait of Hormuz after a wave of Iranian attacks on vessels sparked safety concerns, seven maritime security and shipping industry sources said.For decades ships sailed into and out of the Gulf using a safe set of lanes down the middle of the strait established by the U.N.’s shipping agency in 1968 dubbed the Traffic Separation Scheme.Since the Iran war began on February 28…
By the Numbers: GAO Examines America's Mariner Training Pipeline
Report highlights expanding career opportunities—but says access to financial aid remains unevenThe United States has no shortage of maritime career opportunities. What it does have, according to a new report from the U.S. Government Accountability Office (GAO), is a fragmented training and financial aid system that can make entering the profession more difficult than it should be.In its report issued earlier this year…
ECITB, GWO Launch Wind Turbine Maintenance Cross Skill Program
Following two successful pilots, the Engineering Construction Industry Training Board (ECITB), in partnership with the Global Wind Organisation (GWO) and Offshore Renewable Energy (ORE) Catapult, have officially launched the Wind Turbine Maintenance Technician Cross Skill Program to support worker transferability between oil and gas and wind operations and maintenance.The six-week program gives existing Instrument and Controls…
Williams Grand Prix Technologies Launches Superyacht Battery System
Williams Grand Prix Technologies has entered the marine sector with the launch of the ES10M, a battery system developed for superyachts, support and explorer vessels, hybrid propulsion applications, and refit programs. The launch marks the company's first dedicated marine product.Based in Grove, Oxfordshire, alongside the Atlassian Williams F1 Team, Williams Grand Prix Technologies draws on its motorsport engineering performance experience.
Interferry2026 Holds Annual Conference in Bangkok
Interferry has unveiled its lineup of keynote speakers and ferry leaders for its upcoming annual conference. Running from October 31 to November 4, 2026, in Bangkok, Thailand, the event centers on the pivotal theme “Stronger than Ever… Together.” This year's focus highlights the industry's collective drive to tackle unprecedented operational and environmental shifts through global unity. The Interferry2026…
Wärtsilä Secures FSRU Service Agreement with Pardus Energy
Wärtsilä has signed a five-year lifecycle agreement with Ireland-based Pardus Energy to support the operation of the floating storage and regasification unit (FSRU) TURQUOISE P.The agreement includes contract management, maintenance planning and spare parts support for the vessel. Wärtsilä said the order was booked in the second quarter of 2026.The TURQUOISE P, commissioned in 2019, operates as a stationary FSRU at the ETKI LNG terminal in Aliaga…
Grain Shipments Strong, but Weakness on the Horizon
“Global grain shipments have increased 13% y/y so far this year, supported by strong wheat, maize and soya bean exports from the Americas and Europe. Improved harvests across most major exporters have boosted their export surpluses, driving higher shipments to Asia, the Middle East and North Africa,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Grain shipments to China have jumped 15% y/y, supported by stronger soya bean, sorghum and barley imports.
SMD, Prysmian Advance Power Cable Installation with New Plough
SMD has delivered the first of two heavy-duty power cable ploughs to Prysmian for deployment on the company's new-generation cable laying vessels (CLVs).The second system is scheduled for delivery later this year. The ploughs will be mobilized on Prysmian Alessandro Volta and Prysmian Mona Lisa CLVs.The systems are designed to bury conventional multi-core power cables, bundled two-pole power cables…
Windcat, Ørsted Extend CTV Partnership
Windcat has secured long-term contracts with Ørsted to provide crew transfer vessel (CTV) services supporting the offshore wind developer's operations from Grimsby in northeast England.The agreements, which began in June, have a firm term of five years with options for extension.Under the contracts, Windcat will continue supplying seven crew transfer vessels that support Ørsted's Generation UK Hub…
Ukrainian Drones Hit 20 Russian Vessels in Black Sea
Ukrainian drones struck 20 Russian vessels in the Black Sea overnight, including 17 oil tankers, the commander of Kyiv's drone forces said on Wednesday.On Telegram, Robert Brovdi said the targets included two gas tankers and a tugboat.(Reuters - Reporting by Anna Pruchnicka; Editing by Thomas Derpinghaus)
Oil Rises 2% as Middle East Hostilities Escalate
Oil extended gains by around 2% on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran's Islamic Revolutionary Guard Corps threatened to close "all other export corridors that benefit the U.S. and its allies".Brent futures LCOc1 climbed $1.71, or 2%, to $86.44 a barrel at 0806 GMT. West Texas Intermediate futures CLc1 gained $1.43, or 1.8%, to $80.77 a barrel.Oil…
Iran Warns More Seaways Could Close as US Reimposes Naval Blockade
Iran's Islamic Revolutionary Guard Corps has threatened to close "all other export corridors that benefit the U.S. and its allies", Iranian media reported, after Iran shut the Strait of Hormuz and the U.S. reimposed a naval blockade of Iranian ports."Regional energy exports are either shared by all, or denied to all," the IRGC said in a statement carried by Iran's IRNA state news agency on Wednesday.Analysts…
