WinGD Books Engine Order for 12 Dynacom's VLCC Newbuilds
Swiss marine engine designer WinGD has secured an order to supply main engines for 12 very large crude carriers (VLCCs) being built at China's Hudong-Zhonghua Shipbuilding for Greek tanker owner Dynacom.Each vessel will be fitted with a WinGD 6X82-2.0 low-speed engine, alongside exhaust gas scrubbers and high-pressure selective catalytic reduction (SCR) systems to meet current International Maritime…
Svanehoj Lands First LNG Carrier-to-FSU Conversion Job
Danish marine equipment supplier Svanehoj has secured its first contract to supply LNG tank gauging systems for the conversion of a liquefied natural gas (LNG) carrier into a floating storage unit (FSU).The company will deliver four LNG density and temperature (LTD) gauging systems to Drydocks World Dubai for the conversion of the LNG carrier LNG Bayelsa into the FSU Cap Lopez.The conversion is being…
Offshore Rocket Recovery Vessel Studied
NYK and Graduate School of Engineering The University of Osaka Launch Joint R&D Initiative on Offshore Recovery Systems for Reusable RocketsNYK and the University of Osaka launched a collaboration on July 1, 2026, to advance an offshore recovery system for reusable rockets being developed by NYK under a Space Strategy Fund project of the Japan Aerospace Exploration Agency. Through this collaboration…
DOF Bags TotalEnergies Contract for FSO Replacement Project
DOF Group has secured a contract from TotalEnergies to provide subsea construction and mooring services for the floating storage and offloading (FSO) Unity Replacement Project.The contract covers engineering, transportation and installation of mooring systems, as well as subsea construction work, including the disconnection of the existing floating storage and offloading (FSO) unit and the connection…
Walter Takes CEO Helm at MEYER WERFT
A leadership transition is complete at German shipbuilder MEYER WERFT as André Walter officially assumed the role of Chief Executive Officer on July 1, succeeding Bernd Eikens, who retired after leading the company through its financial restructuring.Walter joins MEYER WERFT from Airbus, where he most recently served as CEO of Airbus Aerostructures GmbH and Airbus GmbH in Hamburg. An engineer by training…
Nord Gas to Supply LNG Regasification System for Exmar FSRU Conversion
Nord Gas Solutions has secured a contract to supply an LNG regasification system for Belgium-based Exmar as part of the conversion of a floating storage regasification unit (FSRU) that will support the expansion of the EemsEnergyTerminal in Eemshaven, the Netherlands.The order, booked in the second quarter of 2026, covers the delivery of a regasification system module that will be installed on the converted FSRU to boost LNG import capacity at the Dutch terminal.Exmar said the project forms part
MacGregor Expands Offshore Crane Modernization Backlog
MacGregor has secured a series of offshore load handling modernization and upgrade contracts during the first half of 2026, strengthening its position in the offshore services market.The contracts, booked in the company's first- and second-quarter 2026 order intake, cover engineering, upgrades and modernization projects aimed at improving the performance and extending the operational life of offshore…
Container Ship Runs Aground Outside Iran-Approved Hormuz Route
Iran's state media said on Wednesday a foreign container ship ran aground in the Strait of Hormuz after entering shallow waters outside the shipping route designated by Iranian authorities.State media reiterated the Revolutionary Guards' warning that vessels should transit only through the corridor south of Iran's Larak island, which Tehran says is the sole approved entry and exit route for ships passing through the strait.(Reuters - Reporting by Dubai Newsroom; Editing by Alex Richardson)
MOL, IBM Japan Launch AI Platform for Vessel Operations
Mitsui O.S.K. Lines (MOL) and IBM Japan have jointly developed an artificial intelligence (AI)-powered platform designed to support decision-making in vessel operations by integrating operational, weather and geopolitical information.The platform, which went live on July 1, is centered on MOL's Safety Operation Supporting Center (SOSC), which monitors and supports the safe operation of MOL-affiliated vessels worldwide.The companies said the platform consolidates weather and sea condition data…
Aker Solutions Secures Offshore Wind HVDC Substructure Contract
Aker Solutions has been awarded a substantial contract to deliver a high-voltage direct current (HVDC) substructure for a European offshore wind project by an undisclosed customer.The company's scope of work includes engineering, procurement and construction.Aker Solutions said it will book the award as order intake in the second quarter of 2026 in its Renewables and Field Development segment.The company…
ABS Launches Eagle CRoute Containership Solution
ABS has launched Eagle CRoute, an online tool designed to help containership operators improve operational flexibility through route-based lashing reduction factor calculations.Changing port rotations, blank sailings, evolving stowage plans and shifting geopolitical conditions are increasing pressure on operators to make faster loading decisions. Eagle CRoute supports these decisions by calculating…
Caterpillar MaK Engines Receive Dual-Fuel Conversion Solutions
Caterpillar announced new alcohol-based fuel conversion solutions for MaK engines. The dual-fuel conversion, for M 43 engines, is engineered to operate on up to 95% methanol or ethanol by volume which lowers greenhouse gas (GHG) emissions up to 80%. The fuel-blending conversion allows operators to blend up to 35% methanol or ethanol with marine diesel oil (MDO), marine gas oil or biofuel equivalents to deliver GHG emissions reductions up to 20% for M 20 to VM 43 engines[i].
August Marks First Month With No Scheduled Brent Crude Cargoes
No cargoes of North Sea Brent crude oil are scheduled to load in August as production steadily declines, traders told Reuters on Tuesday, marking a milestone for the global Dated Brent oil benchmark, which prices over 60% of the world's oil.Brent crude from the North Sea lends its name to the global Dated Brent benchmark, used for pricing physical cargoes and underpinning Brent crude futures and other derivative contracts.
Azerbaijan Looks to Legal Framework to Monitor Shrinking Caspian Sea
A legal framework could be drawn up this year on regional cooperation to monitor and seek to adapt to falling water levels in the Caspian Sea, which is shrinking at an accelerated pace, a senior Azerbaijani water official told Reuters.The level of the Caspian, the world's largest inland body of water, has fallen by about a metre (yard) over the last five years, 1.5 metres in the last decade and 2.5 metres over the last 30 years…
Justin Gress Appointed as Chief Operating Officer at HDI Global US
As part of its strategic repositioning in the United States under the Xcelerate29 strategy, HDI Global (HDI) has appointed Justin Gress as Chief Operating Officer (COO) of its US business. The appointment complements the recently announced new leadership and organizational setup, designed to strengthen client centricity and bring underwriting, claims and service teams closer to brokers and clients.Justin…
Parker Towing Company Successfully Repowers M/V Syble Fay
Parker Towing Company has completed the repower of the M/V Syble Fay at Verret Shipyard, replacing the vessel's Cummins QK38 main engines with two Mitsubishi S12R Tier 3 engines supplied by Laborde Products. Each engine is rated at 1,100 horsepower at 1,600 RPM, providing a total of 2,200 horsepower for the vessel's continued service on the inland waterways.The MV Syble Fay is a 78-foot by 34-foot twin-screw towboat with a depth of 10 feet.
AYK Energy to Provide Batteries to Grimaldi Groups' RoPax Vessels
AYK Energy has secured a deal to supply its 2073kWh OrionAN batteries to nine RoPax vessels being constructed for Grimaldi Group as part of its fleet renewal program.The vessels commissioned are being built at China Merchants Jinling Shipyard (Weihai) and will be delivered in 2028-2030.Six of the ships will be deployed in the Mediterranean under the Grimaldi Lines and Minoan Lines brands, while three will be operated by Finnlines in the Baltic Sea.
Albanian Shipbuilding Gets a Boost with Fincantieri MOU
Fincantieri has taken another step in establishing a long-term shipbuilding presence in Albania, signing a memorandum of understanding (MoU) to develop the skilled workforce needed to support the modernization of the Pashaliman shipyard and the country's emerging naval industrial base.The agreement, signed with Albanian state-owned infrastructure company KAYO and the "Pavarësia" Vocational Institute in Vlorë, establishes training programs focused on shipbuilding and naval construction.
FLEETEX 250 NATO Exercises Proceed Off US Coast
The warning came booming over the airwaves, in a voice unmistakably from the American south: "Warship! Get out of our waters!"Norwegian Lieutenant Thomas Johannsen and his sailors were preparing for a simulated boarding operation -- a core mission for their NATO maritime unit. But with so many other war games happening in the area, the crew was picking up unrelated chatter from a nearby vessel.Johannsen pivoted to a clear frequency before addressing the cargo ship in his sights.
Is Hormuz Half-Open or Half-Closed? Tanker Rates on the Mend
The world's oil tanker fleet is behaving as if the Strait of Hormuz is reopening — even as the waterway itself remains only partially navigable and politically contested. From ship tracking data to freight rates, the signals are clear: owners and charterers are moving early to position vessels for a return to Gulf exports.But the gap between expectation and reality remains wide, leaving the global…
