Robert Allan Announces New Ship-Handling/Fire-Fighting 2 Tug Design
Robert Allan Ltd. announced the award to design a new RAmparts 3800 Ship-Handling/Fire-Fighting 2 (FiFi 2) tug for Ningbo Port. The vessel will be constructed by Jiangsu Zhenjiang Shipyard (Group) Co., Ltd.Robert Allan Ltd. has built long term relationship with Ningbo Port since 2004, delivering a series of ASD tugs ranging from 32 meters to 39 meters in length, including an LNG-diesel dual-fuel tug.
Saildrone Selected for Baltic Sea Maritime Domain Mission with Swedish Armed Forces
Saildrone announced a year-long mission with the Swedish Armed Forces to deliver persistent maritime domain awareness across Sweden’s territorial waters and exclusive economic zone in the Baltic Sea.Under the agreement, Saildrone will deploy and operate four Voyager unmanned surface vehicles (USVs) for 360 days each, representing 1,440 contracted vehicle-days of continuous maritime security operations.This…
Middle East Officials Meet Discuss Deescalation Amidst Continued Houthi Attacks
Top officials from Saudi Arabia, Turkey and Pakistan met Iranian officials in Tehran on Monday in a bid to de-escalate the Middle East conflict, as Yemen's Houthis launched new attacks on Saudi Arabia and Egypt approved defence support for the Gulf kingdom.The talks were the first high-level contact between Iran and the three nations — which signed the Mecca mutual defence pact in August — since a…
Oil Prices Fall Amidst Hopes of Easing US-Iran Hostilities
Oil prices fell $2 a barrel on Monday amid hopes of easing hostilities between the United States and Iran, but persistent attacks on key producer Saudi Arabia kept investors wary and prices near six-month highs.Brent crude futures were down $2.03, or 1.7%, at $114.70 at 10:37 a.m. ET (1437 GMT), while US West Texas Intermediate crude futures were down $2.60, or 2.5%, at $100.71 per barrel.On Friday…
Reach Subsea, Eidesvik Complete Sale of Viking Reach Subsea Vessel
Reach Subsea and Eidesvik Offshore have completed the sale of the inspection, maintenance and repair (IMR) vessel Viking Reach, with the vessel delivered to its new owners on October 26.The transaction was completed through Eidesvik Reach, a joint venture between Reach Subsea and Eidesvik Offshore, following a deal first announced in August 2026.Neither company identified the buyer in its latest announcement.Although not confirmed by October announcement…
CM Technologies Raises Alarm Over Recent Shipping Fuel Quality Concerns
German testing specialist CM Technologies (CMT) advises that shipowners and operators need to maintain close checks on fuel quality following a series of off-specification alerts at major bunkering ports and warns that contaminated or unstable fuels can result in costly engine damage and vessel downtime.The advisory follows reports of fuel quality problems at Antwerp, Rotterdam, Houston, Singapore…
Stena AB to Acquire Shipping Company Color Line
The Swedish industrial Group Stena AB, owner of ferry operator Stena Line, has entered into an agreement to acquire the Norwegian shipping company Color Line, subject to regulatory approval. The transaction will bring together two companies with complementary operations in European passenger and freight transport, creating added value and benefits for both companies’ customers.Following completion…
DP World Converts Ghost Nets Into Sunglasses
DP World is working with Deniz YaĹźamını Koruma DerneÄźi (Türkiye’s Marine Life Conservation Society) to remove ghost nets from the Sea of Marmara and give the recovered material a second life. Ghost nets can take up to 200 years to degrade, and left under the waves, they continue to trap and kill marine life, from sharks and turtles to much smaller organisms, long after they have been lost or abandoned.The project aims to remove more than 1…
Chouest Group Acquires Canada's Horizon Maritime
The Chouest Group and the founders of Horizon Maritime Services have announced a strategic partnership that includes the acquisition of the Canadian offshore and marine services company from CFFI and its lender, HPS.The transaction expands the Louisiana-based Chouest Group's presence in Canada, combining its global offshore support fleet, subsea services, shipbuilding, engineering and marine technology capabilities with Horizon Maritime's established operations across Canada's Atlantic…
Black Sea Shipping Faces Insurance Squeeze as Constanta Port Stays Resilient
Shipping through Romania's Black Sea port of Constanta was stable and grain exports had increased by end-September, the port authority said, despite a spike in marine insurance premiums driven by increased attacks on cargo vessels.In September, London's marine insurance market widened the area in the Black Sea it lists as high risk, as Russia's war in Ukraine escalated, with only the territorial waters of Georgia…
Seatrium Inks $390M Deal to Complete Four Offshore Rigs for Keppel’s Rigco
Singapore's Seatrium has secured an agreement with Keppel's subsidiary RigCo to complete construction work on four offshore drilling rigs under an existing master services arrangement, with the total estimated contract value exceeding $390 million (S$500 million).The four rigs comprise a premium seventh-generation drillship, a harsh environment jack-up and two mid-water semisubmersibles designed for…
Borr Drilling Rig Sinks Off Gabon, 110 Rescued as Search for Five Missing Continues
Borr Drilling's Prospector 5 jack-up rig has sunk offshore Gabon after experiencing a punch-through event during preload operations that caused it to lose stability, leaving five people missing and 110 safely accounted for among the 115 personnel on board.In its latest update on October 26, Borr Drilling said extensive marine and air search and rescue operations were continuing for the five missing individuals…
