Maritime Industry Top News
IWS Fleet Fills Charter Gaps, Secures New CSOV Deals Into 2028
Integrated Wind Solutions (IWS), through its subsidiary IWS Fleet, has secured additional charter commitments for its Skywalker-class commissioning service operation vessels (CSOVs), closing gaps in its near-term schedule and expanding its multi-year backlog.IWS Fleet said it filled a gap in employment for the IWS Sunwalker in the first quarter of 2026 by securing a 70-day fixed charter extension.
Another Low Supply Week for Ship Recyclers
December has brought with it a declining Baltic Exchange, reports cash buyer GMS. This saw the Dry Index fall by about 3%, this week, dragged down by mounting pressure across all segments that saw capes slipping 4.4%, panamax dropping 1.4%, and the smaller segments shedding five basis points, all while oil barely moved the needle as it closed another week at region USD 59.70/barrel (expected to breach…
CATL Unveils "Ship-Shore-Cloud" Electric Vessel Solution
Contemporary Amperex Electric Vessel (CAEV), a subsidiary of CATL, officially launched the world's first and only "ship-shore-cloud" zero-carbon shipping and integrated smart port solution at Marintec China 2025.The solution is designed to increase vessel electrification.Su Yiyi, General Manager of CATL Electric Vessel Department and Contemporary Amperex Electric Vessel said that previously, power supply, energy replenishment, and maintenance services were provided by separate suppliers.
U.S. Oil Production Still has Growth Potential
Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil reached 13.8 Million barrels per day (Mb/d) in September 2025, a remarkable recovery since bottoming out in 2008 below 5 Mb/d.The shale oil boom was primarily responsible for this turnaround. The decision to allow crude oil exports from the U.S. at the end of 2015 also contributed, because it made U.S.
Red Sea Return Imminent for Container Shipping
Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region.The first vessel to complete a full service loop via Suez Canal will be CMA CGM Verdi, sailing from Karachi to New York on 15 January. eeSea by Xeneta data shows…
Texas A&M Develops Smart Navigation Assistant
Ocean engineering researchers at Texas A&M University are developing a smart system to combat collisions between ships and stationary structures such as offshore platforms. By combining raw radar imaging data with advanced machine learning, the researchers have created SMART-SEA, a system that gives seafarers real-time guidance on how and when to maneuver their vessel.SMART-SEA can detect stationary objects in all weather conditions…
Class NK GDA for World First Vessel Tank Tech
Mitsubishi Shipbuilding Co., Ltd., part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Steel Corporation have received the world’s first General Design Approval (GDA) from ClassNK for a breakthrough tank technology that enables the manufacture of large low-pressure liquefied CO₂ (LCO₂) cargo tanks without post-weld heat treatment (PWHT). The achievement marks a significant step toward scaling up CO₂ transport capacity to support global carbon capture…
Incident off Yemen as Vessel Reports Fire Exchange with Multiple Small Boats
A vessel located 15 nautical miles west of Yemen reported an exchange of fire after sighting about 15 small craft at a range of 1–2 cables, the United Kingdom Maritime Trade Operations (UKMTO) agency said on Friday.The vessel said the craft later left the area and that it remains on high alert.The ship's master reported the crew was safe and that it is continuing to its next port of call.(Reporting by Jana Choukeir and Tala Ramadan; Editing by Christopher Cushing, Alexandra Hudson)
Dajin Forms Offshore Wind Alliance with German Port Terminal Operator
Dajin Heavy Industry and Germany’s Briese Schiffahrt have signed a memorandum of understanding to develop offshore wind marshalling services at a new terminal in the Port of Cuxhaven in Germany.The agreement, signed on November 26, aims to establish an international offshore wind industry hub on more than 20 hectares of newly built port area in Cuxhaven.The initiative will use Dajin’s fleet of deck…
Jasmund Substation’s Topside and Jacket Sets Sail to Baltic Sea
The topside and jacket structure for the Jasmund offshore substation (OSS) have embarked on the journey to Baltic Sea for installation, following the completion of construction by the HSI consortium, formed by HSM Offshore Energy, Smulders and Iv.The topside, measuring 48 metres by 33 metres and weighing about 4,500 tonnes, departed HSM Offshore Energy’s Stormpolder yard and travelled through central Rotterdam in a high-profile transit.
Conrad Shipyard and SHI to Advance US LNG Bunkering
Conrad Shipyard and Samsung Heavy Industries have agreed to a collaborative framework to jointly explore opportunities in the rapidly expanding U.S. LNG bunkering market.Under the agreement, Conrad and SHI will work together to evaluate and pursue technical, commercial, and market-based initiatives that support the design, construction, and deployment of LNG bunkering vessels tailored for U.S. regulatory…
Crew Training Shortfall is Constraining Battery Uptake
CIMAC and the Maritime Battery Forum have published the second paper on the environmental impact of batteries in deep-sea shipping concluding that the transition to battery-powered deep-sea vessels is no longer constrained primarily by technical or regulatory limitations but rather by the human and organizational readiness.Class societies, flag states, and international standards organizations have…
ASRY Teams Up with Fincantieri on Naval Shipbuilding
Arab Shipbuilding and Repair Yard (ASRY) has signed important agreements with leading Italian companies Fincantieri and Roboze to boost collaboration in shipbuilding and repair and establish the Kingdom of Bahrain’s first smart plant dedicated to additive manufacturing.ASRY signed a partnership agreement with Fincantieri to jointly assess opportunities for the design and construction of surface naval…
CO2 Logistics Hub Under Development at Stockholm Norvik Port
Höegh Evi and Aker BP are working with Ports of Stockholm to establish a COâ‚‚ logistics hub that will enable an efficient and sustainable transport chain for carbon dioxide from industrial emitters in eastern Sweden.The collaboration began in May 2025 and is a continuation of the NICE project (Norvik Infrastructure CCS East Sweden), which previously conducted a feasibility study. The continued work focuses on a detailed design of the logistics node Stockholm Norvik Port.
SEA.AI Powers Optical Situational Awareness on Naval USV
SEA.AI’s optical situational awareness system, Watchkeeper, is now fully integrated into the USV12, a 12-meter Unmanned Surface Vessel (USV) developed by VN Maritime and Havelsan, in collaboration with Piloda Defence and VN Maritime Shipyard.The USV12 is a naval platform that can be configured for either crewed or fully autonomous operations. Based on the patented Rafnar ÖK Hull, the USV12 offers exceptional stability and safety…
Van Oord Completes Monopile Installation at Windanker
Van Oord has completed the transport and installation of all 21 monopiles at Iberdrola’s Windanker offshore wind farm.This achievement involved the largest monopiles Van Oord has ever installed, made possible by earlier upgrades to its heavy lift installation vessel Svanen, which is now equipped to manage next-generation offshore wind monopile foundations.Van Oord’s scope of work included loading the monopiles at the fabrication site in Spain and transporting them to the Port of Rønne, Denmark.
Schottel Propulsion Chosen for Iron Project Tugs in Australia
Schottel is supplying propulsion systems and a unique control concept for barges and tugs serving at Mineral Resources’ (MinRes) Onslow Iron project.All seven barges and two of the project's seven tugs are newbuilds being constructed by COSCO Shipping Heavy Industry in Zhoushan and Guangdong, China. Five barges have already commenced operations at the Port of Ashburton (Western Australia), with the final units scheduled for delivery in 2026.
BIMCO and Hunit Pilot Self-Performing Standard Contracts
BIMCO and Hunit have launched a joint pilot project with the aim to reduce risks, cut manual workloads, and modernize the way the maritime industry works with standard contracts.The pilot project will address challenges such as rising operational demands driven by sanctions regimes, increasing safety and emissions requirements, insurer expectations for transparency, and more frequent inspections, to name a few.Today…
Kongsberg Maritime Secures LARS Contract with Sea1 Offshore
Kongsberg Maritime has signed a major contract with Sea1 Offshore to deliver Launch and Recovery Systems (LARS) for the company’s four new offshore construction vessels. Each vessel will be equipped with two advanced LARS units, supporting subsea construction and ROV operations.The scope of supply per vessel includes two telescopic A-frames, fully electrical umbilical winches, energy efficient hydraulic power units, and a dedicated control system.
IMO Assembly Adopts New Capacity Development Strategy
The 34th session of the Assembly of the IMO concluded in London with the adoption of a new strategy to strengthen Member State compliance with IMO rules, by expanding capacity-development support.The Capacity Development Strategy was among 22 resolutions adopted by the Assembly, including decisions on the Organization’s budget, financial statements, work program and strategic plan, among others. The…