Maritime Industry Top News
GLO Marine to Upgrade Hydraulic System on Bluewater’s FPSO
Retrofit specialist GLO Marine has secured hydraulic system upgrade job on Bluewater’s Haewene Brim floating production, storage and offloading (FPSO) unit, following the successful delivery of the project’s first phase.The contract builds on the collaboration between GLO Marine and Bluewater in Phase 1 of the FPSO upgrade program, where GLO Marine delivered the full feasibility and engineering scope…
MOL, Mitsubishi Welcome Dual-Fuel Methanol Carrier Newbuild
Mitsui O.S.K. Lines (MOL) has taken delivery of the Kohzan Maru VII, a newbuilding dual-fuel methanol carrier, which will serve Mitsubishi Gas Chemical Company (MGC) under a long-term charter.The Kohzan Maru VII was delivered at HD Hyundai Mipo shipyard, where the naming ceremy took place.The vessel is the first methanol dual-fuel ocean-going vessel to sail under a long-term chartered by a Japanese charterer.Back in 1983…
Louis Dreyfus Takes Delivery of Two New Offshore Wind CTVs
Singaporean shipbuilder Strategic Marine has delivered two new Crew Transfer Vessels (CTVs) to Louis Dreyfus Armateurs (LDA), expanding its high-specification offshore wind support fleet.The newly delivered StratCat 27 vessels, sister ships to Acti’Vent and Esti’Vent, will be deployed in the growing offshore wind sector in France and Europe.Built at Strategic Marine’s Singapore shipyard, the 27-metre…
Wallenius Wilhelmsen Nets $100M for Logistics Contract Renewal
Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has renewed logistics contract with one of its long-standing strategic automotive OEM customers.The revenues are estimated to be around $100 million over the contract period of three years.As part of the contract, Wallenius Wilhelmsen will continue to deliver factory vehicle processing services, including end-of-line service, accessory installation…
Steel Tariff Set to Dampen Ship Recycling Sentiment
The Trump announcement of tariffs on nations currently exporting various grades of the metal to the US is unquestionably set to dampen global steel prices and ship recycling sentiment across the Indian sub-continent, reports cash buyer GMS.“Every week is now intent on bringing with it, an entirely new economic reality for the world to re-adjust to, turning everyday business practices into an extremely erratic and volatile way of conducting any type of practical international trade…
Study: IMO’s Net Zero Framework Favorable for Ammonia
A study shows that under the parameters principally agreed within the IMO Net Zero Framework, ammonia dual-fueled ships have a clear competitive advantage from the mid-term (mid-2030's), while the near-term landscape remains less certain.The study was released by UMAS and UCL Energy Institute Shipping and Oceans Research Group and undertaken for Global Maritime Forum.The report uses a Total Cost of…
Daan Koornneef Appointed CEO of Econowind
Econowind has appointed Daan Koornneef as its new CEO. The Dutch company is scaling up operations to meet growing global demand for sustainable propulsion solutions.Founder Frank Nieuwenhuis will now dedicate his time fully to research and development of the company’s VentoFoil technology.“I am proud to join Econowind at this exciting stage of growth,” said Koornneef. “Throughout my career, I have worked at the intersection of maritime operations and sustainability.
Chris Heibel Appointed Chief Operating Officer for ARC Group
American Roll-On Roll-Off Carrier Group Inc. (ARC Group) has announced the appointment of Chris Heibel as Chief Operating Officer, effective June 1, 2025.In this expanded role, Heibel will assume leadership of the day-to-day execution of commercial and operations functions for ARC Group, the largest U.S.-flag Ro-Ro shipping company in international trade and a global logistics partner for the Department of Defense.
Australia Calls for Greater Military Openness from China
Australian Defence Minister Richard Marles on Saturday urged greater transparency from China over its military modernisation and deployments as Pacific nations brace for a more assertive Chinese presence.Speaking to Reuters on the sidelines of the Shangri-La Dialogue defence meeting in Singapore, Marles said that while China remains an important strategic partner to Australia, more open communication…
Trump Cuts Threaten Fishing Safety
By the time Robbie Roberge spotted the fire consuming his boat's galley last August, he knew he had just minutes to evacuate his beloved Three Girls fishing vessel, named for his daughters.As the flames spread up the boat's walls, he helped his crew into safety suits, deployed a life raft and made a mayday call to alert nearby mariners and the U.S. Coast Guard that he was abandoning ship more than 100 miles offshore.Roberge…
Nonprofit Ship Sets Sail for Gaza After Drone Attack
International nonprofit organisation Freedom Flotilla Coalition (FFC) said one of its vessels left the Italian port of Catania on Sunday, heading for Gaza to deliver humanitarian aid, after a previous attempt failed due to a drone attack on a separate ship in the Mediterranean.The crew of volunteers, including climate activist Greta Thunberg and Irish actor Liam Cunningham, set sail on the Madleen…
Executive Director of PEO UWS Stresses Importance of Submarines at NUWC Division Newport
During his visit to the Naval Undersea Warfare Center (NUWC) Division Newport on May 19, Executive Director Mike McClatchey, a member of the Senior Executive Service, Program Executive Office, Undersea Warfare Systems (PEO UWS), emphasized the critical role the submarine platform and warfare center play in safeguarding our country.“The submarine is our nation’s vanguard, and it is the most important platform to strategic deterrence,” McClatchey said.
Aker Solutions Awarded Contract for BalWin2 Offshore Wind Project
Aker Solutions has signed a contract with Dragados Offshore to deliver the steel substructure for the 2GW HVDC converter station for the BalWin2 offshore wind grid connection system in Germany, developed by Amprion Offshore GmbH. Reference is made to the stock exchange release published on February 10, 2025. With this contract award, Dragados has exercised the option for the second HVDC converter station…
Finnøy to Deliver Propulsion Systems For Wilson Cargo Vessels
Finnøy Gear & Propeller has signed a contract to deliver complete propulsion systems for a new series of eight cargo vessels being built for the Norwegian shipping company Wilson ASA. The vessels will be constructed at Udupi Cochin Shipyard Ltd. in India and are based on a design from the Dutch company Conoship International. The project marks an important collaboration between Norwegian maritime technology…
“Mein Schiff Flow” Dual-Fuel Vessel Launched at Monfalcone Shipyard
Fincantieri and TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises, celebrated the launch of “Mein Schiff Flow” at the Monfalcone shipyard. The vessel is the second of two next-generation InTUItion class cruise ships, designed for dual-fuel operation (Liquefied Natural Gas, LNG, and Marine Gas Oil, MGO). A sister ship to “Mein Schiff Relax," delivered in February, the new unit is scheduled to enter service in mid-2026.With approximately 160…
Danfoss Delivers AC Drives For Finnish Navy Corvettes
Finland-based Danfoss Drives is supplying variable-speed AC drives for the propulsion systems of the Finnish Navy’s four Pohjanmaa-class multi-role corvettes. Part of the Finnish Defense Squadron 2020 project, these corvettes are under construction at Rauma Marine Constructions’ (RMC) shipyard in Rauma, Finland. These AC drives are engineered to withstand the demanding naval environment and comply with stringent requirements for environmental resilience…
Rosatom Expects Boom in Foreign Vessels Using Arctic Shipping Route
Russia expects a 50% rise in voyages by foreign vessels using the Northern Sea Route (NSR) along its Arctic coast this year, which Moscow sees as an alternative to the Suez Canal, state-controlled nuclear energy firm Rosatom told Reuters on Friday.Rosatom runs a fleet of icebreakers and is in charge of operations along the NSR, which connects Russian ports with China during the summer months, saving…
India Diesel Exports to Southeast Asia in May at Highest in Four Years
India's diesel exports to Southeast Asia for May are expected to be the highest in at least four years, according to shiptrackers and three trade sources, as traders eyed higher profits in Asia and as higher freight costs deterred shipments to Europe.Increased diesel exports from India, one of the largest suppliers in the region, is cooling spot premiums for the fuel in Asia and pressuring derivatives markets…
US Ethane Exports to China Face License Requirement
Chinese purchases of U.S. ethane, a key petrochemical feedstock, face fresh uncertainty after the Commerce Department told exporters to seek licences to export to China, according to trade sources and shipping data.Washington ordered a broad swathe of companies to stop shipping goods, including ethane and butane, to China without a licence and revoked licences already granted to some suppliers, Reuters reported on Wednesday.The move is the latest disruption in Chinese purchases of U.S.
Russian Captain Involved in Stena Immaculate Tanker Crash Pleads Not Guilty to Manslaughter
The captain of a container ship that crashed into a U.S.
