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ABS Helps Blaze a Digitization Path, Reshaping Offshore Energy
The offshore energy industry is in the midst of a new investment cycle, driven by major developments in South America, renewed demand for energy security and an increasing reliance on digital technologies to improve asset performance. For Matt Tremblay, Senior Vice President, Global Offshore at the American Bureau of Shipping (ABS), the opportunities are significant — but so are the challenges.Speaking with Offshore Engineer in Houston…
Cruise Operators Face Higher Costs as Oil Prices Rise
Cruise operators face choppy waters as rising oil prices lift fuel costs, with analysts warning Carnival Corp could take the biggest hit to its 2026 profit as it is the only major U.S. cruise line that does not hedge fuel.Oil prices have risen more than 35% since the beginning of the conflict in Iran, as attacks on oil and transport facilities across the Middle East and disruptions to energy flows…
Trump's Asian Allies Fear Iran War Will Sap Defenses Against China
Japanese lawmakers reeling from attacks on Iran by the United States and Israel gathered on Monday at the ruling party's offices in Tokyo to question bureaucrats about evacuation plans, energy stocks and the legal basis for U.S. action.But one query posed at the closed-door meeting, described to Reuters by a politician who attended, reflected a deeper fear haunting Asia's corridors of power since Trump's…
Coast Guard Coordinates Rescue of 27 Mariners
The U.S. Coast Guard coordinated the rescue of 27 mariners on Saturday after their Venezuelan-flagged fishing vessel caught fire approximately 500 miles north-northwest of the Galapagos Islands, Ecuador.At 3:51 p.m. PST, Saturday, Rescue Coordination Center Alameda received a notification from the Garmin Search and Rescue Command Center of an SOS distress alert from the 240-foot fishing vessel La Pena.Using a crewmember’s satellite messaging device…
Trump Administration Seeks to Negotiate with China on Shipping
The Trump administration said on Thursday it would pursue negotiations with China over its dominance of shipbuilding and ocean logistics as it formalized plans for a one-year pause on U.S. port fees on China-linked vessels as part of a broader deal to reduce trade tensions.The U.S. Trade Representative's office said in a Federal Register notice that it would pause for a year starting November 10 all…
Pole Star Global Introduces Intelligence Ecosystem with Generative AI
Maritime intelligence company Pole Star Global has launched three new products — Meridia, Meridia IQ, and Insights Data Products — forming a unified ecosystem that integrates maritime analytics, generative AI, and data delivery.Together, these solutions empower shipping companies, governments, and financial institutions to act on trusted intelligence in real time — improving safety, compliance, and operational performance across global maritime domains…
US Says It Hit Colombian Rebel Vessel
U.S. forces attacked a vessel associated with a Colombian leftist rebel group, Defense Secretary Pete Hegseth said on Sunday, the same day President Donald Trump called Colombian President Gustavo Petro an "illegal drug leader" and said payments to the South American nation would cease.Trump's comments marked a new low in relations between Bogota and Washington, which have frayed since Trump returned…
Aster Chemicals Upgrades Singapore Refinery Mooring
Singapore's Aster Chemicals and Energy is investing $125 million to upgrade its single buoy mooring and pipeline infrastructure near the Bukom refinery, aiming to restore direct crude deliveries and extend the facility's operational lifespan.The company said on Tuesday that the upgraded pipeline is projected to provide more than 20 years of reliable service.Other facilities are expected to continue operating normally during the upgrade…
U.S. Coast Guard Responds to Chinese Research Vessels in the Arctic
The U.S. Coast Guard responded to two Chinese research ships operating offshore Alaska between Sunday and Tuesday. In both instances, the Coast Guard Arctic District deployed USCGC Healy (WAGB-20) to monitor and query the vessels.An HC-130J Hercules fixed wing aircraft from Air Station Kodiak was also deployed Sunday to provide aerial support.On Tuesday, the Chinese-flagged research vessel JIDI was operating approximately 265 miles northwest of Utqiagvik…
India Continues US Trade Talks Despite Tariff Hike to 50%
India hopes trade talks with the U.S. will continue even as the U.S. hiked tariffs on its exports to 50% due to New Delhi's purchase of sanctioned Russian oil, two lawmakers said on Monday, citing a briefing to a parliamentary panel on foreign affairs.Last week, President Donald Trump imposed an additional 25% tariff on Indian goods due to Delhi's continued purchase of Russian oil, bringing the total duty on Indian exports to the U.S.
Coast Guard Responds to Increased Chinese Research Vessel Activity in Arctic
The U.S. Coast Guard has detected two Chinese research vessels operating in the U.S. Arctic and is currently monitoring five similar vessels in or near the U.S Arctic.On August 5, a C-130J Hercules fixed wing aircraft from Air Station Kodiak responded to the Chinese research vessels Ji Di and the Zhong Shan Da Xue Ji Di. Both vessels were transiting northeast in the Bering Sea.On August 6, the crew of U.S.
AI Agents: Like Owning a Pet Tiger
Geoffrey Hinton, the godfather of AI, has compared developing AI agents to owning a pet tiger.Speaking this week at the World AI Conference (WAIC 2025) in Shanghai, Yicai Global reported him saying: "Our current situation is like someone keeping a tiger as a pet. A tiger cub can indeed be a cute pet, but if you continue to keep it, you must ensure that it does not kill you when it grows up.”He says there are two choices: either train it so that it doesn't attack you or eliminate it.“For AI…
Germany Seizes Russian ‘Shadow Fleet’ Oil Tanker
Germany seized a decrepit tanker found adrift off its northern coast in January that is believed to be part of a shadow fleet used by Russia to circumvent oil sanctions, Spiegel news magazine reported on Friday, citing security sources.The Panama-flagged ship, called Eventin, was secured by German maritime authorities after being found off the Baltic Sea island of Ruegen, prompting Berlin to sharply rebuke Moscow.
Windward Launches AI Threat Investigation System
Maritime AI company Windward has launched a new system: Advanced Intelligence, an AI-powered solution designed to empower intelligence and security organizations to uncover and handle threats more efficiently.The solution streamlines the entire investigation process from early anomaly detection and strategic investigations to vital context provided by MAI Expert™, Windward’s generative AI-powered virtual analyst.
Windward Launches Generative AI Solution
Maritime AI company Windward has joined the Amazon Web Services (AWS) ISV Accelerate Program and has collaborated with AWS to launch a generative AI solution. The solution leverages Amazon Bedrock to improve risk management for the shipping, logistics and public sectors.Windward’s collaboration with AWS aims to address the growing challenges faced by these industries, particularly in managing unstructured data…
Israel Working to Clarify COSCO's Position on Shipping to Israel
Israel's Transport Ministry on Tuesday said it was seeking to clarify Chinese shipper COSCO's reported decision to halt shipping to Israel.Israeli media this week reported that COSCO had suspended shipping to Israel.
Putin Says Nord Stream Blasts Carried Out on 'State level'
Russian President Vladimir Putin said on Tuesday that last year's blasts on the Nord Stream gas pipelines had been carried out on a "state level", dismissing the idea an autonomous pro-Ukraine group was responsible as "complete nonsense."The Nord Stream 1 and 2 pipelines connecting Russia and Germany under the Baltic Sea were hit by a series of unexplained explosions last September, in what Moscow has called an act of "international terrorism."Denmark…
China Boosts Australian Coal Imports
Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade partially resumed last month following a two-year hiatus.In early January, Beijing gave permission to four government-backed firms, comprising steel giant Baowu Group and three state utilities, to ship in Australian coal, the first sign of an easing of the unofficial import ban in place since late 2020.
Iranian Oil Exports End 2022 at a High, Despite No Nuclear Deal
Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite U.S. sanctions, according to companies that track the flows, on higher shipments to China and Venezuela.Tehran's oil exports have been limited since former U.S. President Donald Trump in 2018 exited a 2015 nuclear accord and reimposed sanctions aimed at curbing oil exports and the associated…
Yemen's HSA Pledges $1.2 Million to UN Drive to Avert Tanker Oil Spill
Yemen's HSA Group on Thursday became the first private entity to pledge funds for a United Nations operation to avoid an oil spill from a tanker stranded off the coast of Yemen, as the U.N. urgently tries to secure an initial requirement of $80 million.The international organization, which has so far raised over $60 million, has warned that the Safer, stranded since 2015 off a Red Sea oil terminal…
