Maritime Industry Top News
Africa Global Logistics to Invest in Inland Logistics
Africa Global Logistics, which operates Ivory Coast's main port, plans to invest over 60 million euros ($67 million) in inland logistics over the next five years to boost its position as a transport hub and gateway for landlocked West African nations.The company plans to establish operational hubs across Ivory Coast and develop dry warehouses equipped with cooling facilities, Regional Director Asta-Rosa Cisse told Reuters.As well as operating Abidjan's main port in Ivory Coast…
Panamanian Seafarer Employment Sees 12% Growth in Early 2025
The Panama Maritime Authority (PMA) has announced a 12% rise in employment contracts for Panamanian seafarers during the first four months of 2025, a promising result attributed to the strategic efforts led by the Seafarer Recruitment Committee.During the closing session of the Committee’s 17th meeting, Felipe Arias, Acting Director General of Seafarers (DGGM), reaffirmed the PMA’s steadfast commitment to generating quality employment within the maritime, logistics, and port sectors.
Moran Towing Christens New Tug Mary Jane Moran at Port Arthur
On April 5, 2025, Moran Towing celebrated the christening of the Mary Jane Moran with their crews, customers, port partners, and the family of the namesake in Port Arthur, TX. The event marked the arrival of a powerful new tug and honored a family who have been a part of our story for decades.Named in honor of Mary Jane Marchisotto, wife of longtime employee Alan Marchisotto, the christening was a…
Paul Pathy of Fednav Elected BIMCO President
BIMCO, the world’s largest shipping association, has elected Paul Pathy, President & CEO of Canada’s largest dry bulk shipping company, Fednav, as President. Pathy was elected at the organization’s general meeting in Copenhagen on Wednesday, May 14, 2025.Paul Pathy takes over as the 47th President and is the first BIMCO President from the Americas. He is taking over from Nikolaus H. Schües, who is finishing his two-year term.“I am honored to take on the role of President at BIMCO.
Flying Fish Welcomes Investment From CPAC Systems
Flying Fish Maritime Innovations B.V., a Dutch pioneer in digital maritime technology and advice, announced a minority investment from CPAC Systems AB, a subsidiary of the Volvo Group, on May 7, 2025. CPAC Systems (Sweden) is specialized in developing advanced control and automation systems for marine, construction and commercial vehicle industries. For the Flying Fish team, this step marks the beginning of a broader strategic partnership aimed at accelerating sales growth…
Marinfloc Launches Wastewater Management Monitoring Platform
Marinfloc takes a leap into the digital era with the launch of MARS – Marinfloc Alert Report Support, a cloud-based platform for the management and control of wastewater treatment onboard. With MARS, shipowners, technical managers, and crew gain access to real-time data, alerts, and reports that provide complete oversight of system performance while ensuring full compliance with regulatory requirements.Highlights…
Bureau Veritas Calls For Standardized Safety Regulations For Electrification Technologies
Bureau Veritas Marine & Offshore (BV), a leader in testing, inspection, and certification, has called for greater clarity regarding standardized safety regulations that will advance the development of maritime electrification technologies, following the publication of a new technology report, Maritime Electrification: Maritime Battery Systems and Onshore Power Supply. The report explores how electrification…
First European Built CO2 Carrier for CCS Projects Officially Launched
INEOS and Royal Wagenborg have launch and named the first European built offshore CO2 carrier for carbon capture and storage (CCS) projects, marking a major for Project Greensand and CCS schemes across the EU.The CO2 carrier has been named Carbon Destroyer 1 at the ceremony held at the Royal Niestern Sander shipyard in the Netherlands, as part of the partnership between Royal Wagenborg and INEOS Energy.
HamiltonJet LTX Waterjets Suited for Medium-Speed Propulsion
HamiltonJet’s latest innovation – the LTX waterjet – has moved from initial design to commercial reality, with the first LTX36 jets commissioned on a 20-m passenger ferry in The Netherlands.The vessel Inselexpress 2, built by Next Generation Shipyard, is powered by twin LTX36 jets driven by Volvo D8 engines (313 bkW) via ZF gearboxes. During trials, the ferry comfortably met its predicted top speed of 23.5 knots…
Robert Allan, SCHOTTEL Teamwork Hits 500 Tugs Milestone
With the 500th tug designed by Robert Allan and equipped with SCHOTTEL propulsion systems, the Canadian naval architect and German propulsion specialist companies have now reached a very special milestone in their long-standing partnership.Tug number 500 is one of a pair for KOTUG Canada, which are currently being built at Turkish Sanmar shipyards.Based on the RAsalvor 4400-DFM design from Robert Allan…
ABS, HD Hyundai to Collaborate on Naval Shipbuilding
American Bureau of Shipping (ABS) and HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding (MoU) that opens the door for joint development projects to develop international naval ships.With the goal of achieving approval in principle, ABS will apply its goal-based and prescriptive requirements to three different types of naval ship designs from HHI, including HDA-24000: Auxiliary Logistic Support Ship…
NYK Group Welcomes its First Methanol-Fueled Bulk Carrier
A methanol dual-fuel bulk carrier chartered by NYK Bulk & Projects Carriers, an NYK Group company, from KAMBARA KISEN was delivered at the TSUNEISHI Factory in Japan.At the naming ceremony, held on May 13, Yuko Tsutsui, Managing Executive Officer and Chief Executive of Sustainability & Transformation Headquarters of NYK, named the vessel Green Future.The vessel is the first bulk carrier in the NYK…
New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne
LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed to transport clean energy generated by offshore wind onto UK shores.While plans are at an early stage and still being finalized, total investment is expected to be approximately $1.2 billion (£923 million)…
New Fortress Energy Charters FSRU for Dominican Republic LNG Terminal
U.S. energy company New Fortress Energy (NFE) has executed a three-year charter agreement for the Energos Freeze floating storage and regasification unit (FSRU) with Energía 2000 in the Dominican Republic.The 125,000 m3 Energos Freeze FSRU will be deployed to Energía 2000 S.A.’s LNG import terminal located at the port of Pepillo Salcedo (Manzanillo).The FSRU is expected to start operations in September 2025.
Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)
Woodside Energy’s Scarborough energy project has achieved a major engineering milestone with the joining together of the topsides and hull for the Floating Production Unit (FPU).Constructed separately at two different fabrication yards in China, the joining of the two mega-structures is a significant step forward for the Scarborough energy project as it progresses towards first liquefied natural gas (LNG) cargo…
Phase 1 of Gdynia Quay Upgrade Complete
International Container Terminal Services, Inc.’s (ICTSI) Baltic Container Terminal (BCT), Gdynia, acting in coordination with the Port of Gdynia Authority, has completed Phase 1 of a two-phase major upgrade of its Helskie Quay.The project, implemented over 400 meters of quay line, represents an important step in the Port of Gdynia’s goal to accommodate larger vessels. This objective will become a…
Great Lakes Iron Ore Trade Down in April
Iron ore shipments on the Great Lakes totaled 3.7 million tons in April, a decrease of 18.7% compared to 2024. Shipments were 19.1% below the month’s five-year average.Year-to-date, the iron ore trade stands at 6.7 million tons, a decrease of 25.1% compared to a year ago. Through April, iron ore shipments are 17.4% below their five-year average for four months of the year.Since 1880, Lake Carriers’ has represented the U.S.-flag Great Lakes fleet…
Steering Failure Caused Vessel to Make Contact with Navigational Aid
A steering system failure led to a bulk carrier’s contact with a navigational aid in the St. Marys River near Sault Ste. Marie, Michigan, according to the National Transportation Safety Board.The bulk carrier American Mariner struck the Munuscong Channel Junction Light on March 28, 2024, as it was transiting upbound in the St. Marys River. The Munuscong Channel Junction Light is comprised of a navigational light and signal mounted on a concrete…
U.S. Sanctions Companies Tied to Iran-to-China Oil Trade
The U.S. Treasury Department imposed sanctions on more than 20 companies in a network that it said has long sent Iranian oil to China, days after negotiators from Iran and the United States concluded a fourth round of nuclear talks.The network facilitated the shipment of oil worth billions of dollars to China on behalf of Iran’s Armed Forces General Staff and its front company, Sepehr Energy, Treasury said. Washington designated Sepehr in 2023.The U.S.
Panama Canal Traffic Rises in April
The number of vessels that passed through the Panama Canal rose to an average of 34 per day for a total of 1,021 transits last month, from an average of 33.7 per day in March, according to a bulletin published by the waterway's authority.In the first four months of 2025, transits remained below the maximum of 36 ships allowed to pass per day, according to the data, despite a decline in the fees the…
