Maritime Industry Top News
SAMS Hosts Training Course for the Era of Environmental Robotics
As the use of robotics in data collection increases, the Scientific Robotics Academy, based at the Scottish Association for Marine Science (SAMS) in Oban, will host two courses this March: "Environmental monitoring using autonomous platforms" and "Applied photogrammetry for environmental monitoring."The courses come amid the rapid expansion of twin technologies of AI and robotics, which are transforming…
Precision Shaft Alignment: A Sustainable Advantage in Modern Engineering
Sustainability has become a defining priority across industrial and maritime operations. While much of the discussion centers on alternative fuels and emerging technologies, one of the most immediate and cost-effective opportunities to reduce energy consumption and emissions is often overlooked: precision shaft alignment.AME sees firsthand how precision shaft alignment services improve equipment reliability…
Saronic Tapped for Pivotal DARPA Autonomous Vessel Program
Saronic was selected to support the Defense Advanced Research Projects Agency’s (DARPA) Pulling Guard program, an effort to develop and demonstrate semi-autonomous escort systems designed to enhance the survivability of unarmed logistics vessels. Saronic will participate in the program under Focus Area 2 (FA2), where it will focus on designing an autonomy-enabled, modular vessel to address maritime…
Russian Drones Hit Odesa Energy Infrastructure, Cutting Power
Russian forces struck energy facilities in Ukraine's Odesa region on the Black Sea overnight, leaving over 95,000 people in the southern part of the region without power, a regional official said on Tuesday.Russia launched 125 drones at Ukraine overnight and Ukrainian air defence units shot down or neutralised 110, the Ukrainian air force said.Oleh Kiper, Odesa regional governor, said the small town of Kilia was in the most difficult situation…
Rosneft Oil Refinery Warns of US Sanctions
Management at a Russian-owned oil refinery in Germany have privately warned Berlin that U.S. sanctions are hurting its business and threatening fuel supply for the country's capital and the region, according to correspondence seen by Reuters.In a January letter, management of the PCK Schwedt refinery, controlled by Rosneft, made an "urgent appeal" to economy and energy minister Katherina Reiche to…
Ventus Industrial Partners Announces Aeron Defense, Acquires GTC and Magna Machine Company
Ventus Industrial Partners, a US-based private equity firm specializing in sectors critical to national security, announced the formation of Aeron Defense and the acquisitions of General Tool Company (GTC) and Magna Machine Company, in partnership with GenNx360 Capital Partners and Admiralty Partners.GTC and Magna were founded together by the Kramer family and are reuniting under the GTC name. Magna…
MTN Agrees to Offer Amazon Leo Satellite Internet for Maritime Connectivity
MTN, a network operator and pioneer in low Earth orbit (LEO) satellite technology adoption, has finalized an agreement to offer Amazon Leo, Amazon’s satellite internet, as an authorized reseller for maritime deployment. MTN will initially provide this service across key maritime industries, including commercial shipping, yachting, offshore, and cruise & ferry, among others.Powered by a constellation of thousands of satellites in low Earth orbit…
GTT Receives Tank Design Order for Very Large Ethane Carriers
GTT announced that it received an order from Samsung Heavy Industries shipyard in the first quarter of 2026 for the tank design of two new Very Large Ethane Carriers (VLECs) on behalf of an Asian ship-owner.Each vessel will offer a capacity of 100,000 m³ and will feature cryogenic tanks designed by GTT, fitted with the Mark III membrane containment system.Delivery of the vessels is scheduled between the fourth quarter of 2028 and the first quarter of 2029.
NYK Invests in USV Startup Oceanic Constellations
NYK recently made an equity investment in Oceanic Constellations Inc. (OC) through a third-party allotment of new shares, funding expected to support OC’s efforts to establish a mass-production framework for unmanned surface vehicles (USVs), among other initiatives.OC, an ocean-tech startup, aims to establish a mass-production framework for USVs within the next few years. The large-scale production…
Lehmann Marine Provides Battery Systems for Hamburg Electric Harbor Ferries
Lehmann Marine is contributing to the Port of Hamburg's transition towards sustainability by supplying the battery systems for three new, fully electric passenger ferries. This project represents the largest order in the company’s history. Built by SET Schiffbau- und Entwicklungsgesellschaft Tangermünde mbH on behalf of HADAG Seetouristik und Fährdienst AG, the vessels will be deployed in the Port of Hamburg as HADAG’s first purely electrically propelled ferries.
LR Advisory, Geogas Trading Improve Operationalization for FuelEU Pooling
Lloyd’s Register (LR) Advisory has been appointed by Geneva-based LPG trader and shipowner Geogas to support the development of a multi-year emissions compliance plan and operationalization of FuelEU pooling, as it prepares for the first compliance cycle of FuelEU Maritime.Under the agreement, LR Advisory will provide insight into the commercial implications of current and forthcoming emissions regulations, alongside targeted knowledge transfer to build internal capability.
Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract
Seatrium, through its wholly owned subsidiary Jurong Shipyard, has started arbitration proceedings against Petrobras Netherlands in connection with a legacy contract for the conversion of the P-54 floating production, storage and offloading vessel (FPSO).The dispute relates to a settlement agreement reached in 2008 following amendments to the original 2004 contract. Under the settlement, Petrobras Netherlands agreed to pay Jurong Shipyard a close-out amount of $152.3 million…
Valenciaport Sees Record Container Volumes in '25
Spain’s Valenciaport closed the 2025 financial year with higher revenues, sharply improved profitability, and a new record for container throughput, underscoring continued carrier commitment despite a volatile global trade backdrop.Provisional results reviewed by the board of directors show net turnover rising 9.02% year over year to €164.3 million, while pre-tax profit climbed 50.51% to €43.7 million.
China's Appetite for Coal Wanes
Coal-fired power generation decreased 1.9% in 2025; non-fossil generation outpaces demand growthChina's coal-fired power generation decreased 1.9% in 2025, marking a historic shift driven by new non-fossil generation that has finally outpaced demand growth, according to a recent report from Wood Mackenzie.Power demand grew 5% in China in 2025, or 494 TWh, yet for the first time in a decade, coal-fired power generation did not increase to help meet this demand.
Fincantieri Unit WASS Wins $237M Saudi Navy Torpedo Contract
Fincantieri said its subsidiary WASS Submarine Systems has secured a contract worth more than $237 million euros to supply MU90 lightweight torpedoes to the Royal Saudi Naval Force.The agreement, awarded by Saudi Arabia’s Ministry of Defense, represents the largest contract in WASS’s 150-year history and includes the supply of torpedoes and associated logistics support services.Deliveries are scheduled between 2029 and 2030 and will be managed from WASS’s facility in Livorno…
Despite Sea Disputes, Philippines, China Tensions Calm
The Philippines' ambassador to the United States on Tuesday underscored the need to "cool" the temperature with China, after both sides signaled their willingness to set aside tensions in the South China Sea and explore areas of economic cooperation.Ambassador Jose Manuel Romualdez said Manila's relationship with Beijing should not be defined solely by maritime disputes, even as the Philippines continues…
Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs
Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one of the world’s largest offshore drilling contractors with a fleet of 73 drilling rigs.The combined company will have an enterprise value of roughly $17 billion, with Transocean shareholders expected to own about 53% of the merged entity and Valaris shareholders…
Anemoi, COSCO Shipping Deepen Wind Propulsion Collaboration
Anemoi Marine Technologies and COSCO Shipping Heavy Industry have renewed a framework agreement to expand collaboration on the installation of rotor sail wind-propulsion systems across COSCO Shipping subsidiary shipyards.The renewed agreement builds on cooperation that began in 2022, during which the companies completed the installation of nine rotor sails at COSCO Shipping Heavy Industry yards, including…
WiseTech Global and Hapag-Lloyd Launch IoT Container Tracking Pilot
Supply chain technology solutions company WiseTech Global has partnered with Hapag-Lloyd to trial the integration of Internet of Things (IoT) technology for real-time global container visibility, tracking and data collection.Hapag-Lloyd’s fleet of 2 million containers are equipped with IoT devices that frequently transmit location updates directly to WiseTech’s ecosystem of platforms for the logistics, global trade and supply chain industry.
Korea Advances International Standards for Ammonia Effluent Discharge
While the IMO has established interim guidelines to facilitate the use of ammonia as a marine fuel, international standards governing the safe treatment and discharge of toxic ammonia effluent generated during vessel operations have yet to be developed.Unlike typical aqueous ammonia, this effluent exhibits different physical and chemical characteristics, and the lack of clearly applicable international standards has created uncertainty for ship design…
