Maritime Industry Top News
EU-Sanctioned Oil Tanker Escorted to Morocco by Spanish Rescue Ship
An oil tanker under EU sanctions for carrying Russian oil is being escorted to Tanger Med in Morocco by a Spanish rescue ship, Spain's Merchant Marine said on Tuesday.The Chariot Tide, which was sailing under a Mozambique flag and until November was known as the Marabella Sun, has been on an EU sanctions list since November 2024 for helping Russia export oil "while practicing irregular and high-risk shipping practices," according to the European Union.
Teledyne Gavia Delivers Four GAVIA AUV Systems to the Swedish Defense Materiel Administration
Teledyne Gavia, a leader in modular autonomous underwater vehicles (AUVs), announced the successful delivery of the first four GAVIA AUV systems to the Swedish Defence Materiel Administration (FMV).The newly delivered GAVIA Autonomous Underwater Vehicle (AUV) system forms part of a multi-year framework agreement between Teledyne Marine and FMV, under which GAVIA AUVs will support fleet modernization…
FMC Launches Investigation of Ocean Common Carriers’ Practices on Chassis Usage
The Federal Maritime Commission (FMC or Commission) launched an investigation related to possible non-compliance of the Shipping Act by ocean common carriers that may be unjustly and unreasonably restricting motor carriers (truckers) and shippers in their choice of chassis providers.The Commission seeks to determine whether ocean common carriers are using practices that directly or indirectly deprive truckers and shippers from negotiating and dealing with chassis providers.
Chartwell Marine Secures Design Contract for Island Community Ferry
Chartwell Marine, a leader in vessel design, has been appointed to design a new ferry for a rural island community. The vessel is scheduled to enter construction in early 2026 – with the boat yard currently being selected with Chartwell’s support – and enter operation in 2027. Due to the islands’ remote location and unique environment, travel is particularly challenging, requiring versatile vessels capable of navigating choppy waters and operating within limited port infrastructure.
Stena Bulk Becomes Majority Shareholder in Golden Stena Baycrest
Tanker shipping company Stena Bulk announced it has acquired an additional shareholding in Golden Stena Baycrest Tankers (GSB) from Bay Crest, becoming the majority shareholder in the joint venture. Following the transaction, GSB will remain jointly owned by the same three shareholders—Stena Bulk, Golden Agri, and Bay Crest. With its increased ownership, Stena Bulk is well positioned to take a more active role in driving the strategic development of GSB…
Lloyd’s Register Enhances CAP Thickness Analysis for Tankers
Lloyd’s Register (LR) has introduced significant enhancements to its Condition Assessment Program (CAP) Thickness Measurement Analysis process, designed to improve consistency, transparency and predictability in the assessment of tankers built to Common Structural Rules (CSR).The updated methodology addresses concerns regarding variability in CAP outcomes for CSR vessels. By aligning thickness measurement analysis directly with the vessel’s original CSR design requirements…
BIO-UV Group, Microwise to Tackle Port-Side Ballast Water Treatment
BIO-UV Group has announced a strategic partnership with water-monitoring specialist MicroWISE to develop new ballast-water treatment and verification solutions designed to address rising enforcement pressures and the anticipated growth of port-side reception facilities.The collaboration combines BIO-UV Group’s BIO-SEA ballast-water treatment technology with MicroWISE real-time organism analysis, creating…
Nam Cheong Sells 3,000 DWT Platform Support Vessel for $19.8m
Nam Cheong Limited, one of Southeast Asia’s leading Offshore Support Vessel (OSV) providers based in Sarawak, Malaysia, has announced that the Group has entered into a sales agreement with an Indonesian customer to sell one 11-year-old 3,000 deadweight tonnage (DWT) platform support vessel (PSV) for $19.8 million.The vessel sale is part of the Group’s fleet reprofiling initiatives and is expected to contribute positively soto the Group’s earnings for the financial year ending 2026.
Asia Pacific Maritime Returns to Singapore with Next-Gen Energy Focus
Asia Pacific Maritime (APM), Asia’s premier exhibition and conference for Shipbuilding & Marine, Workboat, Offshore, and Electric & Hybrid Marine, will return for its 19th instalment, from 25-27 March 2026 at Marina Bay Sands, Singapore, with its largest edition to date. Anchored by the theme “Future of Vessels, Solutions for Tomorrow”, APM 2026 is set to convene the global leaders to examine how the…
Skarv Shipping Opts for Wärtsilä’s Ammonia Solution for New Cargo Vessel
Technology group Wärtsilä will supply its Wärtsilä 25 ammonia solution to power a new cargo vessel for Norway-based Skarv Shipping Solutions, marking the first newbuild to use the company’s four-stroke ammonia engine technology.The vessel will be constructed at Huanghai shipyard in China and is intended to support Skarv Shipping Solutions’ strategy to deliver sustainable short-sea shipping services…
Fincantieri Launches Italian Navy’s Hydro-Oceanographic Ship
Fincantieri has launched Italian Navy’s newly built hydro-oceanographic ship (N.I.O.M.) Quirinale at its integrated shipyard in Riva Trigoso, marking a milestone in Italy’s maritime research and monitoring capabilities.The vessel, designated N.I.O.M. Quirinale, has been designed to support scientific mapping and monitoring activities and will operate in support of the Italian Navy Hydrographic Institute…
Golden Energy Sells Two Offshore Support Vessels
Norwegian vessel owner and operator Golden Energy Offshore Services has signed binding agreements to sell two offshore support vessels for a combined gross price of about $57.25 million, completing a previously announced plan to divest vessels in the near term.The company said its subsidiary Energy Empress signed a sales agreement on January 23 for the multi-purpose support vessel (MPSV) Energy Empress at a gross price of $30 million.
China, Denmark Extend Green Shipbuilding Cooperation
China and Denmark renewed a memorandum of understanding on cooperation in green maritime technology and shipbuilding during a meeting between the two nations' industry ministers in Beijing on Tuesday, China's industry ministry said in a statement.China is willing to jointly conduct research and development with Denmark on low-carbon and zero-carbon fuel-powered ship technologies and explore cooperation potential in the new energy vehicle sector, Li Lecheng, the Chinese minister, told Denmark's B
Berge Bulk Installs Anemoi’s Folding Rotor Sails on Large Bulk Carrier
Berge Bulk has completed the installation of four folding rotor sails supplied by Anemoi Marine Technologies on its 208,000 DWT Newcastlemax vessel Berge Meru, marking the shipping group’s second wind propulsion project with the technology provider.The installation was carried out at Yiu Lian Dockyards in China in December 2025, and the vessel has since completed its first voyage to Singapore. The…
Ship Recycling Industry Playing “Musical Chairs”
Indian sub-continent ship recycling markets have been reflecting on what has been escalating on the international stage of late, reports cash buyer GMS. The company notes extremely turbulent effects emanating week after week from these markets — meaning it is becoming increasingly difficult to identify what price can be obtained for which type / LDT of unit and, most importantly, which buyer in which…
Stolt-Nielsen Looks for Partner in LNG Venture
Stolt-Nielsen, through its subsidiary Stolt-Nielsen Gas, has confirmed it is in discussions with a strategic buyer, regarding the potential sale of up to 50% of its interest in Avenir LNG.Avenir LNG is an industry leader in small-scale LNG supply and is focused on supporting the marine energy transition through one of the largest fleets of small-scale LNG vessels. Avenir LNG owns and operates a fleet of five modern small-scale LNG bunkering vessels…
Damen and PVE Equipment USA Sign Dredge Pump Reseller Agreement
Damen Shipyards Group has signed a reseller agreement with PVE Equipment USA (PVE USA) that appoints PVE as authorised partner and official supplier for the sales, service, and parts supply of Damen’s DOP submersible dredge pumps across the US.Under the agreement, PVE USA will leverage its nationwide network in piling, vibro, and foundation equipment to expand US access to DOP pumps, while providing local stock and service…
HII Names Daniel Marks Vice President of Contracts and Pricing at Ingalls Shipbuilding
HII announced that Daniel Marks has been appointed vice president of contracts and pricing at its Ingalls Shipbuilding division. Marks succeeds Stephen Fitts, who has been appointed vice president of supply chain management at Ingalls and is succeeding Scott Weldon who retired at the end of December 2025 after 25 years of service to the company.In this role, Marks will be responsible for contract administration, estimating and pricing, and export/import licensing and compliance for Ingalls.
Norway Files Oil Bribery Charges in the Republic of Congo
Norwegian police said on Monday they had charged an oil company and two executives in Norway on suspicion of paying millions of dollars in bribes to close family members of Congo Republic President Denis Sassou Nguesso.Norwegian police said the investigation was launched after Monaco police sought legal assistance related to a suspicious bank transaction, and that substantial assistance also came from other countries, including France and the United States."The bribes...
Denmark, Germany Agree to Proceed with Bornholm Energy Island Wind Project
Denmark's Prime Minister Mette Frederiksen said on Monday that her country has agreed with Germany to jointly proceed with the Bornholm Energy Island, a large offshore wind project.Frederiksen was speaking at a press conference at an energy conference in Hamburg alongside German Chancellor Friedrich Merz.(Reuters)
