Iraqi Oil Tanker Bound for Vietnam After US Holdup
Supertanker Agios Fanourios I is heading for Vietnam to discharge its Iraqi crude oil cargo after it was held by the U.S. Navy for five days in the Gulf of Oman, the vessel's manager said on Monday.The Maltese-flagged Very Large Crude Carrier sailed out of the Strait of Hormuz on May 10 and was sailing in the Gulf of Oman before making a U-turn on May 11.It resumed its journey toward Vietnam on May 16 and is expected to arrive at the Nghi Son refinery on May 30…
Helm CONNECT Logbook Fleet Management Solution Receives US Coast Guard Recognition
Helm Operations, a market leader in fleet management software for the maritime industry, announced that Helm CONNECT Logbook has received official recognition from the United States Coast Guard (USCG). The recognition confirms that Helm CONNECT's digital Logbook meets federal standards for commercial vessel record keeping, giving US operators a fully accepted alternative to traditional paper logs.Helm…
The Updated Maritime Labour Convention Highlights the Role of Women at Sea
As the maritime industry faces rising pressures, from workforce shortages to evolving safety expectations and the drive for long‑term sustainability, diversity has become an essential pillar of progress. This is especially true in the ongoing effort to support more women entering and advancing in seafaring careers. With the release of the Guidelines on the Application of the ILO Maritime Labour Convention (Fifth Edition)…
Shipbuilders Council of America Announces 2025 Safety Awards
The Shipbuilders Council of America (SCA), the national association representing the U.S. shipbuilding, maintenance, and repair industry, today announced its annual member safety awards for the 2025 calendar year. This year, 21 shipyards across Alabama, California, Florida, Hawaii, Louisiana, Massachusetts, New Jersey, Oregon, South Carolina, Texas, Virginia, Washington, and Wisconsin are receiving…
Wilson Sons Looks Forward to Rio Grande Container Terminal Expansion
Wilson Sons, a port and shipping logistics operator with over 188 years of experience, plans to expand the Rio Grande Container Terminal (located in Rio Grande do Sul) by making investments exceeding USD$218 million (R$1.1 billion) in port infrastructure by 2030. The initiative aims to expand the terminal's operational capacity and meet the growing logistics demands of Rio Grande do Sul and the Southern Cone.
Fincantieri Earns National Safety Honors from SCA
Three U.S. shipyards operated by Fincantieri have been recognized by the Shipbuilders Council of America for workplace safety performance in 2025, highlighting the company’s focus on operational discipline across its U.S. shipbuilding and repair operations.Fincantieri said its U.S. facilities at Fincantieri ACE Marine in Green Bay, Wis., Fincantieri Marine Repair in Jacksonville, Fla., and Fincantieri Bay Shipbuilding in Sturgeon Bay…
Cavotec Introduces Crane Operation Energy System
Cavotec has launched PowerAccESS, a modular and mobile battery Energy Storage System (ESS) designed to support the electrification of port crane operations.Developed for demanding and evolving port environments, PowerAccESS provides zero-emission power for RTG cranes during block changes as a one-to-one replacement for diesel generators.
IRPT Announces New Great Lakes Basin Directors
Inland Rivers, Ports & Terminals (IRPT) has announced the election of two industry leaders to its Board of Directors, representing the Great Lakes Basin. Joe Liebau of Foth and Jody Peacock of Ports of Indiana were elected to serve in these roles. Joe and Jody bring experience in environmental policy, infrastructure funding, economic development, and port leadership to the Board. Together, they will represent and serve IRPT members across the Great Lakes Basin…
Inherited Ship Conditions Could Increase Litigation Exposure for Ship Managers
Ship managers are facing increasing litigation risks that are linked to inherited ship conditions, highlighted after a recent incident in which claims exceeding $2.5 million were brought against a ship manager after taking over a defective ship.The claim, which was ultimately reduced to just $250,000 after it was successfully supported by International Transport Intermediaries Club (ITIC), is another example of the exposure ship managers face when inheriting ships with known deficiencies…
ZESTAs Announces Global Liquid Hydrogen Alliance
The Zero Emissions Ship Technology Association (ZESTAs) launched the Global Liquid Hydrogen Alliance (Alliance), a new international platform dedicated to advancing pure green hydrogen and liquid hydrogen (LH2) as a deployable, scalable, and commercially viable zero-emission fuel for international maritime shipping.The Alliance launches as the transition moves from aspiration to deployment. At MEPC 84…
ABB to Power Spanish Navy’s New Hydrographic Vessels
ABB has secured a contract from Spanish shipbuilder Navantia to supply power distribution and propulsion systems for two new coastal hydrographic vessels being built for the Spanish Navy.The vessels, scheduled for delivery by 2028, will be equipped with ABB’s Onboard DC Grid power system, PEMS power and energy management system, transformers, thruster motors and batteries.The systems are designed to improve energy efficiency…
Saronic, Lloyd’s Register Partner on Maritime Autonomy Standards
U.S. autonomous vessel developer Saronic has entered a strategic partnership with Lloyd’s Register (LR) to support the safe deployment of autonomous maritime systems in the United Kingdom, Europe and Australia.The companies said the collaboration would focus on advancing technical standards, regulatory guidance and classification pathways for autonomous surface vessels.Saronic said it would pursue classification activities for its autonomous vessels with LR as part of the agreement.
Ulstein Delivers Cable Layer Newbuild to Nexans
Norwegian shipbuilder Ulstein Verft has delivered Nexans Electra, a DP3 cable‑laying vessel (CLV), to Nexans, strengthening its capacity to install advanced subsea power and communication cable systems.The CLV Nexans Electra is a sister vessel to the CLV Nexans Aurora, which was delivered from Ulstein Verft in 2021, and incorporates enhanced capacity and updated arrangements.The vessel features an additional under-deck turntable with a 3…
Boskalis Orders High-Capacity CLV for Offshore Wind Market
Dutch offshore services provider Boskalis has decided to invest in a new high-capacity cable laying vessel (CLV) to support growing demand in the offshore wind and interconnector markets.The vessel, expected to enter service in 2029, will target long-distance cable installation projects, particularly for high-voltage direct current cables.Boskalis said the CLV will feature two 12,000-ton cable carousels…
Russian Drones Strike Two Ships off Ukraine’s Odesa Coast
Russian drones hit two ships in the Black Sea approaching ports in Ukraine's Odesa region on Monday, including a Chinese-owned cargo vessel, Ukrainian authorities said, after a night of Russian attacks on the area.Ukraine's seaports authority said that the strikes had hit two civilian vessels, one under Marshall Islands flag and another under Guinea-Bissau flag, both of which were heading to ports in the region.The Ukrainian navy reported a strike on the Ksl Deyang…
Norway Signs Up to EU Baltic Sea Cooperation Alliance
Norway said on Monday it has joined the European Union's Strategy for the Baltic Sea Region (EUSBSR), which aims to coordinate work around common challenges, including security aspects.Norway, a non-EU country, will join existing members Sweden, Denmark, Estonia, Finland, Germany, Latvia, Lithuania and Poland in the EUSBSR."Membership will strengthen Norway's cooperation with the EU in a region that has become central to European and Norwegian security," said Norwegian Minister of Foreign Affair
Oil Climbs Above $110 After Gulf Drone Attacks Raise Supply Fears
Oil prices extended gains on Monday as efforts to end the Iran war appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as U.S. President Donald Trump is expected to discuss military options on Iran.Brent crude futures LCOc1 climbed $1.65, or 1.51%, to $110.91 a barrel by 0703 GMT, but were off the $112 they had touched earlier for their highest since May 5.U.S.
Global Businesses Face Mounting $25 Billion Fallout From Iran War
The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion - and the bill is climbing, according to a Reuters analysis.A review of corporate statements since the start of the conflict by companies listed in the United States, Europe and Asia offers a sobering look at the fallout. Businesses are grappling with soaring energy prices, fractured supply chains and trade…
Ship Recycling Market Hits Rare May Supply Squeeze
The Indian subcontinent (especially India and Pakistan) ship recycling market has entered a rare period of inactivity, with Wirana Shipping’s latest market outlook report showing hardly any new recycling candidates circulated during the week and no vessels currently waiting to be beached in India and just one vessel waiting to be beached in Pakistan.The report points to a market where recyclers remain ready to buy, but owners are still finding commercial reasons to keep older vessels trading.
IMO Launches Gender Handbook on Women in Maritime Day
This year’s IMO International Day for Women in Maritime (May 18) focuses on embedding gender equality at every level of the maritime industry, both on shore and at sea.Under the theme “From Policy to Practice: Advancing Gender Equality for Maritime Excellence”, the day highlights actions to translate international ambitions and commitments into tangible actions that will make a difference in the lives of women in the sector…
