Maritime News

OEG has made a major investment in its first-ever fleet of cryogenic ISO tanks in North America, now located at its Houston facility.This milestone marks the company’s official expansion of its cryogenic tank division into the region, strengthening its ability to meet rising demand for safe, efficient transport of liquefied gases across the US and beyond.The new fleet of intermodal cryogenic ISO tanks enables the efficient and safe transport of liquefied gases, such as LNG, liquid oxygen…

NYK, JERA, and Trelleborg Marine & Infrastructure (TMI) have jointly installed a new DynaMoor mooring system at the coal unloading berth of JERA's Hitachinaka Thermal Power Station in Ibaraki Prefecture in Japan.DynaMoor is a mooring system that reduces ship sway and surge while the vessel is at berth.The two DynaMoor units in this trial have been installed at the above berth and will be tested for one year.A motion sensor will be attached to berthed vessels to measure vessel-hull sway and surge when using DynaMoor…

MacGregor has secured an order from the Vertom group, a Netherlands-based shipowner and maritime service provider, to deliver fully electric cargo cranes for four multipurpose vessels.This order represents MacGregor’s first electric crane delivery for vessels, which will be built in India.The vessels will be constructed at Chowgule Shipyard in India, and the order has been facilitated in close cooperation with VARYA Tech, MacGregor’s local sales partner.Each vessel will be equipped with two SWL 80t – 18-meter fully electric cargo cranes…

Maritime defense and oceanographic survey company Saildrone has appointed Vice Admiral John Mustin as its President, who will focus on growing the defense business.In his role, Mustin will work alongside Richard Jenkins, Saildrone founder and CEO.Mustin joins Saildrone following a distinguished 34-year career in the U.S. Navy. He most recently served as the 15th Chief of Navy Reserve and Commander, Navy Reserve Force, where he led approximately 60,000 Reserve Component personnel supporting Navy…

Aptamus Carbon Solutions (Aptamus), a subsidiary of Overseas Shipholding Group, and Entr, the consultancy arm of Aker Solutions, have entered into an agreement for the front-end engineering and design (FEED) of CO2 terminals in Florida and Louisiana.Entr will be in charge of FEED for a temporary storage and liquefaction processing terminal at Port Tampa Bay in Tampa, Florida, and a discharge and regassification terminal at LBC Tank Terminals in Baton Rouge, Louisiana, for Aptamus’ CO2 carbon maritime transport and storage program…

Fincantieri, newcleo and Pininfarina have unveiled the look of the next-generation sustainable nuclear generator for maritime applications.The look of newcleo’s fourth-generation lead-cooled fast reactor has been revelated at International Architecture Exhibition of the Venice Biennale.Combining technological vision, industrial expertise, and cutting-edge design, the three companies have collaborated to redefine the image of nuclear energy. Visitors are invited reimagine their…

Wallenius Wilhelmsen has signed a three-year shipping contract with one of the world’s leading construction and mining equipment manufacturers.The contract is estimated to have a value of approximately $140 million based on expected volumes over the three-year period.Wallenius Wilhelmsen is seen as a key long-term partner, and the renewed agreement started in May, 2025, with amended rates in line with current market levels.The customer’s agreements include direct support for Wallenius…

The Arctic, once a remote and isolated frontier, is rapidly transforming into a hub of activity. Increased shipping, resource exploration, and scientific research are reshaping the region, ushering in a new wave of challenges – particularly in the critical domain of cybersecurity. As a maritime cybersecurity expert, I observe unique threats emerging in this icy environment, where fragile infrastructure, escalating geopolitical tensions, constrained communication bandwidth, and…

French energy giant TotalEnergies and OQ Exploration and Production (OQEP), Oman's national oil company, have held the ground breaking ceremony for the Marsa LNG plant, marking the start of construction of the Marsa LNG plant in the port of Sohar, northern Oman.The ground breaking ceremony was held one year after the Final Investment Decision (FID) for the project, which will feature a liquefied natural gas (LNG) plant completely powered by renewable energy that will produce LNG…

StormGeo, a provider of maritime technology solutions, has partnered with the Finnish artificial intelligence (AI) analytics company Awake.AI to deliver AI-powered port analytics to its clients.StormGeo will promote and deliver Awake.AI’s advanced port call analytics integrated in its s-Insight solution, further enhancing its voyage optimization services.The partnership will offer StormGeo clients improved ETA predictions on competing vessels and better visibility into port congestion…

The maritime industry is a cornerstone of the global economy, facilitating over 90% of world trade and generating billions in economic activity. In the United States, waterfront employment represents a critical sector, supporting nearly 21.8 million jobs and contributing approximately $2.89 trillion to the national GDP. Despite its enormous impact, the industry faces unprecedented challenges that demand strategic action and innovative solutions to meet the demands of increased global trade in the coming years.It is undeniable that ports…

A joint venture, comprising NYK, Kawasaki Kisen Kaisha, MISC Berhad, and China LNG Shipping (Holdings), has held a naming ceremony for a new liquefied natural gas (LNG) carrier for QatarEnergy, the first of 12 being built for the state-owned energy company of Qatar.The ceremony was held at Hudong-Zhonghua Shipbuilding (Group) in China, and the vessel was named Al Tuwar, after the name of a hill in Al Wakrah, a major city in Qatar.The 174,000 m3 vessel is the first of a series of 12 LNG carriers that the joint venture company will build for QatarEnergy…

Fincantieri and TUI AG have signed a Memorandum of Agreement (MoA) for the design and construction of two new cruise ships for the Marella Cruises brand.The value of this agreement, subject to financing and other typical terms and conditions, is considered as very important, which for Fincantieri represents the value of over $2.1 billion.The agreement represents a major step for Marella Cruises, which is venturing into newbuilding for the first time and has chosen Fincantieri as its strategic partner for this transformation.At the same time…

The global economy is bracing for renewed turbulence following U.S. President Donald Trump’s announcement on Wednesday of sweeping new tariffs, triggering fears of a global trade war and sparking immediate market and political reactions.According to the White House, the new measures include a 10% minimum tariff on most imported goods, with certain products - particularly those from major U.S. trade partners like China, South Korea, Japan, and the European Union - facing duties as high as 25%.

Offshore construction firm Lamprell has secured an extension of its longstanding offshore long-term agreement with Aramco, strengthening strategic collaboration ongoing since 2018.The renewal reaffirms Lamprell’s technical and operational expertise and solidifies the company’s role as a key partner in advancing Saudi Arabia’s energy and maritime sectors.“We are proud to have delivered several LTA Contract Release Purchase Order projects to date and are working on several others…

U.S. President Donald Trump has signed an executive order aimed at ‘restoring American maritime dominance’ through the revival of domestic shipbuilding industry and weakening China’s grasp on the global shipping market.The Order directs the creation of a Maritime Action Plan (MAP) to revitalize U.S. maritime industries, which will provide a strategy with specific actions to restore and create sustained resiliency for the American maritime industry.Up until now, government procurement processes and over-regulation have hindered private industry’s ability to build vessels on time and on budget…

Fincantieri and Accenture have signed an agreement to establish Fincantieri Ingenium, a new joint venture created to accelerate digital transformation across the cruise, defense, and port infrastructure sectors. The company will be owned 70% by Fincantieri NexTech – a subsidiary of the Fincantieri Group – and 30% by Accenture.The initiative stems from a memorandum of understanding (MoU) signed in July 2024 and combines Fincantieri’s technological expertise in the naval sector with Accenture’s advanced digital capabilities and digital engineering and manufacturing expertise.

China's first integrated offshore hydrogen-ammonia-methanol project, which will produce clean fuels for ships, has entered the trial operation phase in Yantai, in eastern Chinse province of Shandong.Jointly developed by CHN Energy Hydrogen Energy Technology, CIMC Raffles and Guoneng Hydrogen Innovation Technology (Beijing), the initiative represents the nation’s first comprehensive demonstration project for offshore hydrogen production, storage, transportation and utilization…

ClassNK has issued an approval in principle (AiP) for an Onboard Carbon Capture and Storage system (OCCS) developed by Mitsubishi Shipbuilding.The certification confirms its feasibility from regulatory and safety perspectives.Interest in CO2 capture the method from exhaust gases is growing alongside fuel conversion as part of efforts to reduce GHG emissions from ships.In response, the development of OCCS is progressing. To support the smooth development and introduction of related technologies…

Mitsui O.S.K. Lines (MOL) has completed a biodiesel-blended marine fuel (biofuel) bunkering on its capsize bulk carrier, Midnight Dream.In March 2025, the vessel was supplied with about 1,000 tons of biofuel in Singapore, initiating MOL’s first biofuel utilization in collaboration with BHP Group on a capesize bulk carrier.Biofuel is made from organic resources (biomass) of biological origin, such as agricultural residues and waste cooking oil.The biofuel bunkered in the most recent operation is a blend of about 24% biodiesel (B24) with Very Low Sulphur Fuel Oil (VLSFO)…

Fincantieri has signed an agreement with Carnival Corporation, valued over $2 billion, for the design and construction of two new cruise ships for AIDA Cruises.This marks the first time that Fincantieri will build cruise ships for AIDA Cruises, thus reinforcing its strategic partnership with Carnival Corporation.The units are scheduled for delivery in early 2030 and late 2031. Each will feature approximately 2,100 guest cabins and will be equipped with multi-fuel engines, capable of operating LNG…

U.S.-based military shipbuilder Huntington Ingalls and HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding (MoU) today to explore opportunities to collaborate on accelerating ship production in support of defense and commercial shipbuilding projects.This strategic partnership aims to leverage the combined expertise and resources of both companies to advance technological innovation, maximize production efficiency, and strengthen the global defense industry.The efforts applied under the MoU aim to increase the collective maritime industrial base strength of both the U.S.

Spanish wind propulsion system supplier bound4blue has installed ‘world’s largest’ suction sails onboard the juice carrier MV Atlantic Orchard, chartered by Louis Dreyfus Company (LDC) and owned by Wisby Tankers.The four bound4blue’s 26-meter high eSAILS were installed in under a day per unit, as planned. When sailing, the 2014-built vessel, which was originally a dry bulk vessel before undergoing a conversion in 2020, will now enjoy simplified FuelEU Maritime compliance, taking advantage of the Wind Reward Factor…