Singapore, Norway Launch Call for Green Shipping Research Grants
The Maritime and Port Authority of Singapore (MPA), the Research Council of Norway (RCN) and the Singapore Maritime Institute (SMI) have launched a joint research grant call to develop solutions to support the decarbonization of international shipping.The joint grant call brings together the research, technology and industry capabilities of Singapore’s and Norway’s maritime innovation ecosystems to address shared technological and operational challenges and develop solutions applicable across international shipping.
AskChief Opens Platform to Wider Marker After Surpassing 100-Vessel Milestone
AskChief Specialised Al for maritime Technical and HSQE teams announced that it is opening its platform to the wider market after surpassing 100 vessels in under a year of live use with shipowners and ship managers. Shipping companies have the knowledge they need, but it is fragmented across manuals, SMS, vessel records, past cases and experienced people. Teams waste time rebuilding context, while lessons from one vessel may never reach the next.AskChief makes that knowledge usable in the task.
Neoliner Origin: Wind Power Delivers 70% Fuel Savings, Tech Challenges Remain
After its first year of transatlantic service, NEOLINE's wind-powered cargo ship demonstrates the potential for substantial fuel savings, while technical issues highlight the challenges of bringing sail propulsion into mainstream commercial shipping.For all the discussion surrounding shipping's decarbonization, the commercial equation for alternative propulsion technologies remains relatively straightforward: How much does the technology cost, how much fuel can it save, and how…
Panama Canal to Name Terminal Bidders as Expansion Plans Advance
The Panama Canal expects to announce the pre-qualified bidders for a project to build and operate two new container terminals by the end of this year, Administrator Ilya Espino said on Wednesday, advancing a tender process linked to one of the world's most strategic trade corridors.Speaking at the Houston International Maritime Conference, Espino said the canal authority has evaluated initial proposals, and the shortlisted companies will next receive a request for proposals, moving…
Oil Prices Drop 9% After Republicans Lose Congress in Midterm Elections
Oil prices fell 9% on Wednesday in volatile trading as investors awaited Washington's next move in the US-Israeli war with Iran after President Donald Trump's Republican Party lost control of Congress in midterm elections.Brent futures dropped $9.27, or 8.9%, to $94.29 a barrel, touching the lowest level since September 4, at 11:58 a.m. ET (1658 GMT). US West Texas Intermediate crude futures were down $7.44, or 7.8%, to $88.54.Brent settled in the previous session at its lowest…
Coal shipments to India drop 7%
"Between January and October, coal shipments to India dropped 7% y/y due to the increased cost of imports. Thermal coal demand has remained strong, particularly from the power sector, but domestic mining has not kept pace, forcing power plants to draw down inventories. In contrast, coking coal demand growth has eased following a decline in steel production amid low margins,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.The cost of imported coal has increased due to a weaker rupee and higher coal prices.
Luxury Cruise Dream Unravels as Ship Forces Passengers Ashore
After disembarking more than 200 passengers who had paid tens of thousands of dollars to live on board for years, the Villa Vie Odyssey cruise ship departed Cambodia early on Wednesday.Last week, the vessel's owner, Florida-based Villa Vie Residences, suspended operations and forced passengers off the ship at the port town of Sihanoukville, saying ‌fuel price increases from the Iran war had made operations prohibitively expensive.The ship left with no passengers and around 50 crew, according to Taing Sochitkrishna, head of the Sihanoukville tourism department.
Euronaval 2026 Meets Amidst Global Maritime Defense Threats
Shipbuilders, missile makers and drone manufacturers showcased their wares at an arms fair starting near Paris on Tuesday, as European governments, doubting the United States as a defence ally and alarmed by Russian aggression, rush to bolster navies.The increasing use of drones at sea, attacks on critical undersea infrastructure and the targeting of commercial shipping in conflicts including in the Middle East mark a shift in the challenges that European naval forces face.Last month…
Lehmann Marine Converts Danube Passenger Vessel to Fully Electric
Lehmann Marine, a Sunlight Group company, has converted the MS SISSI passenger ship to fully electric from traditional diesel in collaboration with operator Donauschifffahrt Wurm & Noé and OSWAG Werft. The Passau vessel, with a length of 46.8 meters and a capacity of 250 passengers, is now operating with zero local emissions.To power the high-frequency daily passenger routes through the rivers' heavy currents, Lehmann Marine installed its custom 2,000 kWh CUBE battery system.
Dales Marine Services Launches International Mobile Ship Repair Services
Scottish-headquartered Dales Marine Services has launched an international mobile engineering service that sends its repair teams directly to vessels wherever clients need them. The development of the mobile engineering team builds on a service already offered by Dales Marine Services across Scotland and in the North-east of England, and the team has now successfully completed projects in Europe and Africa. As part of the international offering, teams will cover dockings, afloat maintenance periods…
The US Maritime Show: Coming to a Theater Near You – Watch the Trailer
With only a few weeks remaining in the calendar countdown, the largest collection of U.S. Maritime owners. operators, seafarers, shipyards and supply chain manufacturers will assemble again in New Orleans, La., during the first week of December. Much like a Hollywood production, the week can be a prequel, sequel, saga or franchise blockbuster. Standing with the US Maritime industry we should hope for a long running franchise.The attendees visiting the city this year will be faced with more than several important dates and activities forcing decisions prior to their arrival.
Yangzijiang Maritime Places 11-Vessel Order at Chinese Shipyards
Yangzijiang Maritime Development has placed orders for 11 new vessels at Chinese shipyards, expanding its newbuilding portfolio to 111 vessels, including options and previously delivered ships.The latest orders comprise four bulk carriers of approximately 82,000 deadweight tonnes (DWT) each and seven Long-Range 2 (LR2) tankers of approximately 114,000 DWT each, with deliveries scheduled for 2029 and 2030.The bulk carrier orders also include options for two additional vessels of similar specifications.Following the new orders…
Black Sea Maritime War Spreads as NATO Faces Growing Security Threat
After seven strikes on cargo ships near NATO members Romania and Bulgaria last month, the US-led military alliance said it would deploy maritime patrol aircraft, radars and drones to bolster its eastern flank in the Black Sea.Three days later, on October 23, another ship was struck just outside Romanian waters. And last week a Greek container ship was sunk by naval drones in Bulgaria's exclusive economic zone.Unabating attacks show how the escalating maritime war between Russia…
UAE Oil Exports Rise Since Leaving OPEC
Six months after leaving OPEC, the United Arab Emirates on Monday began hosting ADIPEC, one of the world's largest energy conferences, where it told an audience of industry executives it had increased oil exports in spite of the Iran war.The UAE was for 59 years a pivotal member of the Organization of the Petroleum Exporting Countries. It said in April it would leave the group, weeks into the US-Israeli war with Iran. The war, which began at the end of February, has led to severe…
Oil Prices Drop 7% as Iran, Qatar Open to Peace Talks
Oil prices fell more than 7% on Monday as talks between Iranian and Qatari officials lifted hopes for an end to the US-Israeli war with Iran and stabilization of Middle East crude supply.Iran's president said the supreme leader had granted the government "certain authorities" regarding peace talks. The country's negotiators held days of talks with Qatari mediators aimed at ending the war. A draft proposal is being circulated with a follow-up meeting possible, an official briefed on the talks said.Brent crude futures fell $8.47, or 7.47%, to $104.96 a barrel by 12:24 p.m. EST (1724 GMT).
NAVTOR Upgrades NavFleet with Live AIS Vessel Monitoring
Maritime technology company NAVTOR has introduced real-time AIS streaming to its NavFleet platform, allowing fleet managers to monitor vessel positions, movements and surrounding traffic with minimal latency.The new capability, included in NavFleet version 2.7.1, uses NAVTOR's existing digital infrastructure to capture and transmit live vessel AIS data, providing ship operators with more immediate access to information on vessel speed, heading and position.The system uses NavBox…
Oil Prices Tumble Nearly 4% as US-Iran Peace Hopes Grow
Oil fell nearly 4% on Monday as talks between Iranian and Qatari officials on a deal to end the US-Israeli war on Iran raised hopes that Middle East supply disruptions could ease.Iranian negotiators left Doha talks on Sunday, but not due to difficulties in negotiations, an official briefed on the meeting told Reuters on Monday."The new month brought with it renewed hopes of a breakthrough in the Iranian stalemate," said Tamas Varga of oil broker PVM.Brent crude futures LCOc1 fell $4.20…
Chinese Stealth Drone Successfully Takes Off, Lands on Amphibious Assault Ship
China's first carrier-based stealth reconnaissance and strike drone, the GJ-21, recently completed its first takeoff and landing on the Sichuan, the country's first Type 076 amphibious assault ship, state news agency Xinhua reported on Friday.The trial underscores Beijing's push to integrate drone technology into its military modernisation drive, a decades-long effort in which China has developed advanced warships, fighter jets, missiles and increasingly capable unmanned systems.Xinhua…
TOTE Services Selects Hanwha Defense USA for Medium Landing Ship Program
TOTE Services, LLC, a U.S. maritime services company specializing in vessel construction management and ship management, announced its first shipyard selection, Hanwha Defense USA (HDUS), for the Medium Landing Ship (LSM) program under TOTE Services’ Vessel Construction Manager (VCM) contract for the U.S. Navy and Marine Corps.As VCM for the LSM program, TOTE Services issued a request for proposals (RFP) to qualified U.S. shipyards in July 2026. The award covers construction of one LSM, valued at $269 million, at Hanwha Philly Shipyard (HPSI), with options for three additional vessels.
Bureau Veritas Opens Cruise Excellence Center in Miami
Bureau Veritas Marine & Offshore (BV) has announced the launch of a new Cruise Center of Excellence in Miami, to connect customers in local proximity to a global network of BV experts dedicated to supporting operators as they navigate increasingly complex market environments.The cruise hub joins BV’s global network of Centers of Excellence across sectors including Gas (Doha) and Offshore (Singapore, Shanghai, and Kuala Lumpur). With the launch of the dedicated Cruise Center of Excellence…
ClassNK Releases Second Edition of Cyber Security Management Guidelines
ClassNK has released the second edition of its "Guidelines for Cyber Security Management System for Ships." Intended for shipowners and ship management companies, the guidelines set out the requirements for a Cyber Security Management System (CSMS), through which a Company addresses the cyber risks associated with ship operations as part of its day-to-day work, from governance and responsibilities ashore and onboard to the technical controls applied to shipboard systems. The Guidelines also make ClassNK’s certification audits transparent by showing the assessment criteria applied in them.
“Welcome to a Dying Industry”
“Welcome to a dying industry” is the advice that Rik van Hemmen, as a young professional starting with Martin & Ottaway, received from a group of grizzled veterans at an industry event in New York City. But van Hemmen is the furthest from a conventional thinker, so he thanked them for their advice, pointed out that they were old, they would be gone soon and whatever was left was his. Though his maritime journey is long, as a young man van Hemmen was not convinced that maritime was his future…
Gulf Oil Producers Build Tanker Fleet as Security Risks Mount Around Hormuz
Gulf oil producers are assembling a fleet of nearly 230 tankers to maintain crude exports through the Strait of Hormuz despite heightened security risks and reluctance among independent shipowners to operate in the region, according to a weekly intelligence report from Windward Maritime dated October 29.The report identifies five maritime developments, including changes to Gulf oil transportation, an oil spill threatening infrastructure in the United Arab Emirates, suspicious movements near subsea communications cables…