Action on Russia Should Not Impact Legitimate Shipping, say Cyprus and Malta
Discussions on the need to tighten sanctions on Russia, including the possibility of a blanket ban on providing maritime services, should not be at the expense of legitimate businesses in the industry, key EU shipping nations Cyprus and Malta said.The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil exports with a full maritime services ban in an attempt to reduce the oil revenue that helps finance Russia's war in Ukraine…
US Has Other Options if Supreme Court Rules Against Tariffs
The United States can use other measures to recreate the roughly $200 billion in revenues it is collecting under tariffs based on a 1977 law if the Supreme Court strikes down use of that law, U.S. Trade Representative Jamieson Greer said on Wednesday.Greer, speaking at an event hosted by the Atlantic Council, said it would make sense for Congress to legislate new rules for U.S. trade in the longer…
Trump Administration Seizes Oil Tanker Off Venezuela Coast
The U.S. has seized a sanctioned oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, a move that sent oil prices higher and sharply escalated tensions between Washington and Caracas"We've just seized a tanker on the coast of Venezuela, large tanker, very large, largest one ever, actually, and other things are happening," said Trump, who has been pressuring Venezuelan President Nicolas Maduro to step down.Asked what would happen with the oil…
Senegal to Nationalize Kosmos-Run Yakaar-Teranga Gas Project
Senegal plans to nationalise the Yakaar-Teranga gas project, operated by Kosmos Energy and estimated to be one of the world's largest discoveries in recent years, with a view to meeting domestic gas needs, its energy minister said.Kosmos Energy, which has a 90% stake, became the operator of the Yakaar-Teranga gas field in 2023 after BP decided to exit. Kosmos' licence for the field runs out in July 2026…
Chevron Among Top Bidders at Gulf of Mexico Oil and Gas Auction
BP, Chevron and Shell were among the top bidders on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U.S. President Donald Trump's tax cut and spending bill, which he signed into law in July.His administration's plans for offshore leasing are a significant departure from that of his predecessor…
Ukraine Sisables Oil Tanker with Sea Drones in the Black Sea
Ukrainian sea drones on Wednesday hit and disabled a tanker involved in trading Russian oil as it sailed through Ukraine's exclusive economic zone in the Black Sea to the Russian port of Novorossiysk, a Ukrainian official said.The attack is the third sea drone strike in two weeks on vessels part of Russia's so-called "shadow fleet" - unregulated ships which Kyiv says are helping Moscow export large…
EVE Energy, Green Whale Technology Partner to Accelerate Global Marine Battery Adoption
In a move to accelerate the future of marine electrification, EVE Energy, and Green Whale Technology (GWT) have signed a strategic partnership agreement to provide high-performance marine Battery Energy Storage Solutions (BESS) and service to customers worldwide. This collaboration combines EVE Energy’s advanced lithium marine battery system technology, and GWT’s marine engineering, lifecycle service and commissioning expertise.Thanks to EVE’s active balancing technology…
Greek Farmers Protest Disrupt Port Operations
Dozens of Greek farmers disrupted operations at the regional port of Volos on Wednesday as part of a nationwide demonstration to protest delays in farm aid payments and high production costs.Farmers have deployed thousands of tractors and trucks in dozens of blockades for days, disrupting traffic at several junctures along major motorways and intermittently blocking border crossings as they face a…
Crowley Appoints Megan Davidson as Chief Operating Officer, Succeeding Ray Fitzgerald
Crowley announced that Chief Operating Officer Ray Fitzgerald will be succeeded by Megan Davidson, effective Jan. 1, 2026. The planned succession is designed to seamlessly advance operational excellence and the company's growth trajectory.Fitzgerald has served as COO for more than five years, driving the evolution of Crowley's operational structure and advancing innovation and customer-focused solutions.
Thistle Wind Partners Submits Plans for Bowdun Offshore Wind Farm
Bowdun Offshore Wind Farm, planned for 44 km off Stonehaven in North East Scotland, has submitted the application for planning permission in principle for the onshore infrastructure of the Project to Aberdeenshire Council. The submission covers the elements from the landfall point near Benholm, underground cable corridor, onshore substation and proposed connection to the planned Hurlie substation at Fetteresso Forest, where the wind farm-supplied power enters the National Grid.
She Sails Program Celebrates First Anniversary and an Increase in Women in the Workforce
She Sails, CMA CGM's internal program to accelerate the integration of women into maritime transport careers, is celebrating its first anniversary. The program, launched in December 2024, which aims to significantly increase the presence of women on board CMA CGM vessels, has already doubled the number of women serving on board, from 200 sailors in 2024 to 403 at the end of 2025Building on these successes…
GE Aerospace Secures Orders for LM2500 Marine Gas Turbines to Power Arleigh Burke Flight III Destroyers
GE Aerospace's Marine Engines & Systems has received orders to supply eight LM2500 marine gas turbine engines for the U.S. Navy's next two Flight III Arleigh Burke-class guided-missile destroyers: the future USS Intrepid (DDG 145) and USS Robert Kerrey (DDG 146). Each destroyer is powered by four LM2500 engines, providing the proven propulsion power that has made the Arleigh Burke class the backbone of the U.S.
JFD Global Awarded Contract to Provide Deep Saturation Diving, Submarine Rescue Capability to Polish Navy
James Fisher (JFD Global), a global provider of specialist marine and defense solutions enabling mission success at sea, has secured a contract with PGZ Stocznia Wojenna. The agreement will see JFD Global integrate a combined, hyperbaric and saturation diving system into the Polish Navy’s new salvage and rescue vessel, Ratownik.Scheduled to be completed in late 2029, Ratownik will become one of the largest ships in the Polish Navy’s fleet…
Cochin Shipyard to Build Electric TRAnsverse Tugs for Svitzer
Svitzer has signed a shipbuilding agreement with Cochin Shipyard (CSL) for the construction of four battery-electric TRAnsverse 2600e tugs, marking the first contracted series of the next-generation design to be built in India.CSL will build at least four vessels under the contract, with options for up to four additional units. The 26-meter electric tugs will be constructed to Svitzer’s specifications…
ADNOC L&S Expands Fleet with Fourth Next-Generation LNG Carrier
ADNOC Logistics & Services (L&S) said it has taken delivery of Al Sadaf, the fourth of six new-build LNG carriers ordered from China’s Jiangnan Shipyard, as the company accelerates a major fleet expansion and modernization program to support growing global demand for lower-carbon energy transport.The 175,000-cubic-metre vessel, which is more than 25% larger than earlier ADNOC LNG carrier models, was…
NYK Orders Car Carrier Equipped with Next-Gen Marine DX Systems
Japan’s NYK has ordered a next-generation car carrier equipped with advanced marine digital-transformation (DX) systems aimed at improving navigational safety, reducing crew workload and enhancing operational efficiency.The vessel, which will measure 199.95 meters in length with a beam of 38 meters, is scheduled for delivery on March 31, 2026, from Shinkai Toyohashi Shipbuilding.NYK said the newbuild will feature an autonomous navigation system…
ABB’s Streamlined DP2 System Passes Sea Trials on DEME’s Norse Wind WTIV
ABB has verified what it calls a major advancement in vessel Dynamic Positioning (DP) technology, following successful Failure Mode and Effects Analysis (FMEA) proving trials and sea trials on board the new wind turbine installation vessel (WTIV) Norse Wind.By integrating ABB Ability Marine Pilot Control - a ship control system that unifies dynamic positioning, maneuvering, and transit functionalities into one intuitive interface - with Azipod propulsion units…
Bourbon Inks Multi-Year PSV Deal with ExxonMobil in Guyana
French offshore services provider Bourbon has signed a five-year contract, with extension options, with ExxonMobil Guyana (EMGL) to provide maritime services in Guyana.It will start in the first quarter of 2026, with the commissioning of the large platform supply vessel (PSV) Bourbon Calm and covers the transport of products essential to offshore operations in one of the world's most dynamic oil basins.The…
Babcock Marks Keel Laying for HMS Formidable, Makes US Submarine Deal
Babcock has marked two major milestones at its Rosyth shipyard in Scotland as the keel was laid for HMS Formidable, the third ship in the UK’s Type 31 frigate program, and the company announced an expanded partnership with U.S. defense contractor HII to support construction of Virginia-class submarines.The keel laying signals continued progress on the Type 31 program, under which five frigates are due for delivery to the Royal Navy within 10 years of contract signing.
Solstad Scoops $25M in New CSV Contracts in Brazil and North Sea
Solstad Maritime (SOMA) has secured multiple new contracts for several construction support vessels, that will be employed in the North Sea and Brazil.The contracts are for Normand Navigator, Normand Cutter, and Normand Jarstein CSVs.The combined firm period of these project related contracts is approximately 175 days, with an additional 150 optional days.The start of the contracts is scheduled for December 2025 and January 2026…
