Maritime Development News

Yangzijiang Maritime Development has ordered 24 vessels from various Chinese shipyards for delivery between 2028 and 2030, expanding its newbuild portfolio across bulk carriers, chemical and product tankers and large oil tankers.The new orders comprise six 64,500-dwt bulk carriers, six 49,800-dwt product oil and chemical tankers, four 28,000-dwt stainless steel chemical tankers, four 29,000-dwt stainless steel chemical tankers and four 319,000-dwt oil tankers.The bulk carriers and 319…

Lloyd’s Register, A.P. Moller - Maersk (Maersk) and the ports of Charleston and Felixstowe will examine the security and safeguarding requirements for the theoretical deployment of a nuclear-powered container ship route between the UK and US.Centered on a conceptual nuclear-powered container ship, the Pink Corridor will examine the requirements for theoretical port access on the specified route. Key areas of focus will include ship security, safeguards, cyber resilience, emergency response…

KONGSBERG, Kongsberg Maritime, and British Columbia Institute of Technology (BCIT) announced an investment that will establish the Marine Innovation Simulation Centre of Excellence (MISE) in British Columbia. The initiative is designed to strengthen maritime innovation and skills development, support ongoing research and development, while building on key objectives outlined in Canada’s Defence Industrial Strategy.The partnership and subsequent investment are enabled through the Industrial Technological Benefits (ITB) policy, and in support of KONGSBERG programs in Canada.

ALMACO Group Inc., a leader in engineering, procurement, and construction (EPC solutions) for the marine and offshore industries, has officially announced its expansion into League City, Texas. Operational from June, 2026, the new location, operating under the name ALMACO Gulf Coast, will serve as a key regional hub to support accelerating shipbuilding efforts along the U.S. Gulf Coast.The new League City hub aims to firmly position the company as an integrated local partner.The new office is strategically located in a high-growth maritime environment at 2600 South Shore Boulevard…

The Hong Kong Shipowners Association (HKSOA) welcomes the national plan and the central government work report delivered at the opening session of the National People’s Congress, which underlined, once again, the importance of consolidating Hong Kong’s status as an international financial, shipping and trade centre.Hong Kong’s economic success has its origins in shipping and trade which as promoted Hong Kong’s growth as a global financial hub and a “super-connector” between the East and the West.

Unifeeder, a DP World company, has signed a Memorandum of Understanding (MoU) with India’s Sagarmala Finance Corporation Limited (SMFCL), a Government of India Enterprise under the Ministry of Ports, Shipping and Waterways to collaborate on developing and scaling commercially sustainable coastal and shortsea shipping services across India.The MoU established a framework for joint action to design and finance coastal shipping corridors that support India’s ambitions to decongest roads, lower logistics costs, and decarbonize transportation.

Japan's second-largest shipping company Mitsui O.S.K. Lines wants to tie up with Indian companies to build tankers in India, aiding the South Asian nation's effort to boost local manufacturing, its chief executive, Takeshi Hashimoto said.New Delhi is modernizing its maritime laws to allow foreign participation in the sector, including ship-building, ports and shipyards, to reduce freight outgoings to foreign firms by at least a third by 2047."The Indian government has a strong preference to see the new vessels constructed in India.

India’s Cochin Shipyard Limited (CSL) has signed a Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (KSOE) that sets the stage for long term cooperation between the two companies. They have agreed to jointly explore newbuilding opportunities in India and abroad and to share technical expertise.KSOE oversees the operations of some of the world’s largest shipyards, including Hyundai Heavy Industries, Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries.CSL has built a robust reputation as a key player in India’s maritime sector.

The maritime landscape has transformed dramatically over the past decade. With the global fleet expanding from approximately 1.7 billion deadweight tonnage in 2014 to roughly 2.4 billion today, a remarkable 40 per cent increase, helicopter-ship operations have similarly escalated in both frequency and complexity.This growth, coupled with evolving operational procedures and safety protocols, has necessitated fresh guidance for maritime professionals. It's why we recently updated the International Chamber of Shipping’s Guide to Helicopter/Ship Operations…

The first thirty days of the new Trump Administration have brought sweeping changes throughout the federal government. We take a pause to assess where things stand for maritime stakeholders and what may be coming next in Washington, DC, for our industry.A Maritime DirectiveFor those that work in the U.S maritime space, it is axiomatic to state that all aspects of the maritime industry are critical to our national security. U.S. flag vessels and merchant mariners not only support U.S. economic prosperity, but also build the key sea lines of communication to support military operations.

India is set to establish a 250-billion-rupee ($2.9 billion) maritime development fund to provide long-term financing for the country's shipbuilding and repair sector, Finance Minister Nirmala Sitharaman announced on Saturday.The initiative aligns with Prime Minister Narendra Modi’s vision of transforming India into a developed nation by 2047. As part of this effort, the government is investing heavily in infrastructure to enhance its manufacturing capabilities on a global scale.Presenting the budget for the fiscal year beginning April 1…

On 29 June, Professor Maximo Q. Mejia, Jr. assumed office as the eighth President of the World Maritime University (WMU). Appointed by the Secretary-General of the International Maritime Organization (IMO), who also serves as Chancellor of the University, President Mejia assumes the role of Chief Executive Officer, overseeing and directing the academic programmes, operations and administration of the University. Professor Mejia is the first President from Asia and the first President who is a graduate of WMU.Regarding his appointment…

Crowley has appointed Coulston Van Gundy as vice president of construction and engineering. He will lead the company’s vessel design and engineering, construction management and project engineering with an expanded emphasis on growth and innovation.With more than 15 years of experience, Van Gundy has played an integral role in advancing Crowley’s growing engineering and design services in maritime and offshore wind services to elevate alternative energy as a transportation solution.He has been in both vessel- and shore-based operational roles in engineering and led maritime development…

Post-Brexit trade frictions have "significantly altered" freight traffic between Ireland and Britain and sparked a steep rise in volumes to and from Ireland and other European Union members, an Irish government agency report said on Thursday.The introduction of checks on some goods since neighboring Britain left the EU's trading orbit on Dec. 31 cut imports from Britain by 35% in the first five months of 2021 while the number of shipping routes to mainland Europe more than doubled.So…

The Panama Canal Authority (ACP), which manages the 82 kilometers long Panama Canal that connects the Atlantic Ocean with the Pacific Ocean, has awarded Kongsberg Digital a contract to upgrade and extend the K-Sim Navigation simulators based in SIDMAR; the Center for Simulation, Research and Maritime Development of the Panama Canal Authority. Equipped with the new technology, the Panama City-based center will be able to include multiple vessels in training scenarios and extend the realism of the simulator training provided for pilots and tug masters…

From his office overlooking Cherbourg docks, general manager Yannick Millet points to trailers destined for Ireland that belong to Amazon and FedEx, new customers and a signal of a potential big shift in post-Brexit trade.Confronted by red tape and delays after Britain’s messy exit from the European Union, Irish traders are shipping goods directly to and from European ports, shunning the once-speedier route through Britain.“You see the shift in supply chains right here,” he said.All five operators connecting Ireland to mainland Europe have increased ferry services in the past nine months…

Greenhouse gas emissions capture and storage may be a more practical alternative to emissions reduction for meeting the IMO’s 2050 CO2 target. Tom Mulligan reports.Shipping emits close to 1 billion tons of CO2 each year and the shipping industry needs carbon-free solutions to achieve the IMO’s 2050 target of a 50 percent reduction, compared to the 2008 level, in these massive emissions. However, according to Denmark’s Maritime Development Center, while better technical and operational solutions must continue to be pursued…

The Secretariat of the Navy of Mexico (SEMAR) has held a ceremony marking delivery of the Long Range Ocean Patrol (POLA) Class vessel ARM Reformador. The delivery ceremony was attended by Admiral José Rafael Ojeda Durán, Secretary of the Navy and High Command of the Mexican Navy, in the company of Mr. Juan Carlos Atecas Altamirano, Municipal President of Salina Cruz Oaxaca. Damen Shipyards Group was represented by Executive Board member René Berkvens, President of Damen Shipyards Mexico Horacio Delgado, and POLA Project Director Frank Verhelst.

Japanese shipping giant Nippon Yusen Kaisha (NYK Line) has joined the international DecarbonICE project that will be conducting a feasibility study to capture onboard carbon as dry ice and store it in seafloor sediments.The shipping industry is looking for carbon-free solutions to achieve the IMO 2050 target of a 50% CO2 emissions reduction (compared to the 2008 level). In response, new zero-carbon solutions are being developed around the globe, including alternative low-carbon fuels such as LNG fuel that can be used in place of heavy oil.The DecarbonICE project was launched on October 1 by the Denmark-based Maritime Development Center…

A group of world leading shipping companies including NYK, Sovcomflot, Knutsen OAS and Ardmore, ship builders, including DSME and the mining company Vale, have therefore teamed up with Denmark based Maritime Development Center to develop such an on-board carbon capture and storage solution in a project named decarbonICE.DecarbonICE is based on two new main ideas for the capture and storage part, respectively. The CO2 and other GHG's in the ship exhaust are captured on board in a cryogenic process and turned into dry ice.Proven offshore technology is then applied during normal ship operations to transport the dry ice into the seafloor sediments.

Iranian industry, mining and trade minister said Iran is planning to build 200 cargo ships inside the country with an investment of EUR  300 million to boost its maritime development program.The state-owned IRNA news agency said that the ailing shipbuilding sector keeps growing only because foreign companies avoid offering services to the country due to the American sanctions. “We have defined a target for construction of 200 cargo vessels as part of the development plan for maritime industries,” said the mminister Reza Rahmani, adding, “Some €300 million will be invested in this field.”Rahmani said shipyards in the region and other…

Dutch shipbuilding giant Damen Shipyards Group said that it has  sold two Azimuth Stern Drive (ASD) Tugs to Ecuador-based DLEN S.A.According to the operator of 36 shipbuilding and repair yards, the vessels will give tug assistance during bunkering operations to Corpetrolsa’s fleet of tankers, a subsidiary of DLEN, as well as other vessels entering the ports of Esmeraldas and La Libertad.The new two-vessel order follows hot on the heels of last year’s delivery of three Damen Stan Tugs to the DLEN. In terms of fuel efficiency, power and manoeuvrability, those three vessels have proven their worth to such an extent that the client returned…

International Maritime Organization (IMO) announced that it is committed to ensuring the implementation of all its treaties.By carefully matching the needs of recipient countries with resources available from donors, the Organization's technical cooperation program is the essential component in helping all governments to fulfill their responsibilities, the UN body said.With a strong focus on capacity building and training, the technical cooperation program makes a strong and continuing contribution to sustainable development. IMO's Technical Cooperation Committee (TC 69) is meeting (25-27 June) to review activities carried out in 2018…