Maritime Industry Top News
Pacific-Gulf Marine Awarded Ship Manager Contracts
Pacific-Gulf Marine (PGM) has been awarded three 10-year firm contracts with a total value of approximately $621 million, including fixed fees and reimbursables. Of the six ships PGM will manage on behalf of the U.S. Maritime Administration (MARAD), two are out ported in the San Francisco Bay Area, two in Newport News, VA, and two in New Orleans, LA. These ships are part of MARAD’s 51-vessel Ready…
NYK: Newly Built LPG Carrier Named “Luna Pathfinder”
On August 5, a naming ceremony took place at the Sakaide Works of Kawasaki Heavy Industries Ltd. for a newly built very large gas carrier (VLGC). This vessel marks the sixth dual-fuel LPG (liquefied petroleum gas) carrier ordered by NYK, following the delivery of Liberty Pathfinder in October of the previous year. Upon its completion, the ship will be chartered by Astomos Energy Corporation, one of the world's leading LPG companies…
Regal Star Cargo Vessel Changes Hands
Tallink Grupp’s subsidiary, Tallinn–Helsinki Lin, has sold the cargo vessel Regal Star to the Turkish company Ams Line Shipping.The vessel was officially handed over to its new owner on August 6, 2025, and the details of the transaction have not been disclosed.In April, following the sale of passenger vessel Star I, the Paldiski - Kapellskär route began operating with Superfast IX, which returned from…
US Coast Guard Displayed Ingenuity and Resourcefulness in Titan Response
The catastrophic implosion of the Titan submersible that killed five people in 2023 could have been prevented, a US Coast Guard investigative board found on Tuesday, calling the vessel’s safety culture and manager OceanGate's operational practices “critically flawed.”The Titan vanished during a descent to the Titanic wreck on a tourist expedition, losing contact with its support ship. After a tense four-day search…
Höegh Autoliners to Scale Up Ammonia Use
Andreas Enger, CEO of Höegh Autoliners, is sending ammonia demand signals to new fuel producers but doing it in a way that will enable the company to scale use of the fuel gradually.Enger explained how to Øyvind Sekkesæter in a DNV Maritime Impact podcast released late last week.Höegh Autoliners has a fleet of 37 vessels and more vessels under construction including a series of 12 Aurora class multi-fuel vessels anticipated to run on LNG and ammonia.
Royal Canadian Navy Orders New Uncrewed Aircraft Systems
The Government of Canada has awarded two contracts to MDA Space to equip the Royal Canadian Navy (RCN)’s Halifax-class ships with up to six uncrewed aircraft systems (UAS).The initial acquisition contract for two UAS is valued at approximately $39 million (including taxes) and the initial in-service support contract has an estimated value of $27 million (including taxes) for a period of five years…
SASHA Coalition and ZESTAs Unite on Green Solutions
Industry coalitions ZESTAs and the SASHA Coalition have announced a partnership to drive policy and industry action on green shipping technologies.The two coalitions, collectively representing 70 leading companies, have committed to combining their efforts to advocate for policy supporting absolute zero emission solutions combining hydrogen, battery-electric and wind propulsion technologies. Aurelia Leeuw…
Inadequate Design, Certification and Maintenance Led to Titan Disaster
The catastrophic implosion of the Titan submersible that killed five people in 2023 could have been prevented, a U.S. Coast Guard investigative board found on Tuesday, calling the vessel’s safety culture and operational practices “critically flawed.”The Titan vanished during a descent to the Titanic wreck on a tourist expedition, losing contact with its support ship.After a tense four-day search, its shattered remains were discovered strewn across the seabed 1…
Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes
Global freight forwarder Expeditors International of Washington reported second-quarter profit and revenue above Wall Street estimates on Tuesday, helped by higher airfreight and ocean container volumes and bigger custom fees.Airfreight tonnage and ocean container volume increased 7% each year-over-year for the quarter ended June 30, as companies rushed to import before new U.S. tariffs kick in.The…
Japan Clinches $6.5b Deal To Build Australian Warships
Japan clinched a landmark A$10 billion ($6.5 billion) deal on Tuesday to build warships for Australia, marking Tokyo's most consequential defence sale since ending a military export ban in 2014 as it steps away from postwar pacifism to counter China.Under the agreement, Mitsubishi Heavy Industries 7011.T will supply the Royal Australian Navy with three, upgraded Mogami-class multi-role frigates built in Japan from 2029.
The Shearer Group, Inc. Welcomes New Team Member
The Shearer Group, Inc. (TSGI) has announced a new addition to its naval architecture, marine engineering, and marine surveying firm, Luke Strawson. Luke holds a Bachelor of Science in Ocean Engineering from Texas A&M University.While studying at Texas A&M, Luke collaborated with team members to design and build an electric boat for competition in the Promoting Electric Propulsion race held by ASNE. He is experienced in various areas, including structural design and 3DCAD software.
Guice Offshore Sets Up Business Unit for Heavy Deck Equipment Leasing
Guice Offshore, U.S.-based operator of dynamically positioned mini supply and multi-purpose vessels for the offshore maritime market, has launched GO Asset Leasing to meet the growing demand for lease-ready maritime vessel heavy deck equipment.GO Asset Leasing offers flexible lease terms on a variety of field-tested, well-maintained inventory of A-frames, hydraulic winches, deck cranes, hydraulic power units (HPUs), Yokohama fenders and even speedboats. Centrally located on the U.S.
North Star Orders Two New Hybrid SOVs from Vard
Norwegian shipbuilder Vard has secured an order from U.K.’s largest shipowner and operator North Star for the construction of two hybrid Service Operation Vessels (SOVs).The contract represents the ninth and tenth vessel ordered by North Star from VARD, following previous orders for four SOVs, two Construction Service Operation Vessels (CSOVs), and two Vard Design vessels built at an external shipyard.The new vessels will be developed by Vard Design in Ålesund…
RWE, North Star Ink Long-Term SOV Charter Agreements
Germany’s largest utility RWE and U.K.’s largest shipowner-operator North Star have signed long-term agreements for next-generation service operation vessels (SOVs) to maintain RWE’s growing offshore wind fleet.The companies have agreed that RWE will charter two SOVs, the Grampian Eagle and the Grampian Kestrel, from North Star, both capable of using alternative low-emission fuels.Full marine services…
US Coast Guard Rescues Four from Sinking Tug
The US Coast Guard rescued four people from a sinking tug in the Gulf of Alaska, Friday.Watchstanders at the Coast Guard Arctic District command center in Juneau received a report at approximately 10:17 a.m. that the 110-foot tug vessel Sea Ranger was taking on water 130 miles south of Cordova, Alaska.Watchstanders directed the launch of an HC-130 Super Hercules aircrew from Coast Guard Air Station Kodiak to respond. The aircrew located the vessel at approximately 1:08 p.m.
BOEM Rescinds Offshore Renewable Energy Leasing Schedule
The US Bureau of Ocean Energy Management (BOEM) has announced a direct final rule rescinding a section of its regulations that outlined the renewable energy lease sale schedule.Under the rescinded regulation, BOEM required the Secretary of the Interior to publish a five-year schedule of anticipated offshore renewable energy lease sales at least every two years.After reviewing this regulation, the Department…
Australia Chooses Japanese Frigate Design
The Australian Government is accelerating the delivery of a larger and more lethal surface combatant fleet with the selection of the upgraded Japanese Mogami-class frigate as the preferred platform for the Royal Australian Navy’s future fleet of general purpose frigates.Mitsubishi Heavy Industries’ Mogami-class frigate was assessed as best able to quickly meet the capability requirements and strategic…
Lebanon Gathers to Mark Five Years Since Beirut Port Blast
Hundreds of Lebanese gathered solemnly near Beirut's coast on Monday to commemorate a half-decade since the cataclysmic port blast of 2020, when more than 200 people were killed in one of the largest non-nuclear explosions in history.Carrying Lebanese flags and portraits of some of the victims, many of those standing said they felt deeply disappointed that no one has been held to account for the devastating explosion."Can someone tell me why five years on we're still standing here?
India Oil Corp Buys US and Middle Eastern Crude As Trump Criticizes Russian Purchases
Indian Oil Corp has bought 7 million barrels of crude from the United States, Canada and the Middle East, four trade sources said on Monday, as U.S. President Donald Trump ramped up his criticism of the country over its purchases of Russian oil.India is the biggest buyer of seaborne crude from Russia, which is under Western-led sanctions over its war in Ukraine.Its main refiners paused buying Russian…
Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships
Panama's maritime authority (AMP) said on Monday it has launched a process to cancel the registrations of 17 vessels included in a list of sanctions from the U.S.
