Chile to US Fruit Trade Down
Cool Carriers, the world’s largest operator of specialized reefer vessels, reports strong results despite a sharp downturn in demand for its Chilean subsidiary for the 2025/26 Summer season, from 1 October 2025 to 31 March 2026.Despite a sharp downturn in demand for imported fruits in the United States, Cool Carriers Chile moved 260,000 pallets of cherries, blueberries, grapes, and stone fruit to the…
Shipping Industry Reaffirms Support for IMO-Led GHG Pathway
BIMCO, CLIA, ICS, INTERCARGO, INTERFERRY, INTERTANKO and WSC, representing the global commercial shipping fleet, have issued a statement in support of the IMO ahead of the next Marine Environment Protection Committee (MEPC 84) meeting next week.The industry associations remain committed to pursuing the ambition established within the 2023 IMO Strategy on Reduction of GHG Emissions from Ships, having…
Saildrone Introduces High-Endurance Anti-Submarine and Strike USV
Saildrone has announced its newest platform, Spectre. At 52 meters (170 feet) long, weighing 250 tonnes, and capable of up to 30 knots, Spectre is a high-endurance USV designed to deliver multi-mission effects above and below the surface. Spectre’s design is engineered from the keel up for long-range, quiet, persistent operations.Spectre is Saildrone’s largest, fastest, and most capable platform to…
Four Survivors Rescued After Boat Capsize, Five Days at Sea
Four migrants have been rescued from the Mediterranean more than five days after the boat supposed to carry them to Europe capsized off Libya, three Libyan sources and the International Organization for Migration (IOM) said on Monday.However, 10 migrants were confirmed to have died in the disaster off Tobruk in eastern Libya, and 31 were still missing. Six bodies were recovered on Saturday after washing ashore.The IOM said search efforts were continuing.
Shipping Through Hormuz Strait Slows Again After Iranian Ship Seizure
Ships were largely avoiding the Strait of Hormuz on Monday after an escalation at the weekend in which Iran fired what appeared to be warning shots at vessels and the U.S. military seized an Iranian cargo ship.Just one ship exited the Gulf through the strait while two entered in the space of 12 hours, ship-tracking data showed on Monday, a fraction of what is usually about 130 vessels per day.The oil products tanker Nero…
Iraq Reopens Rabia Border Crossing with Syria to Support Fuel Exports
Iraq has reopened the Rabia border crossing with Syria after more than a decade to accelerate overland fuel oil exports and revive cross‑border trade amid disruption to Gulf shipping following the Iran war, Iraqi border officials said on Monday.The crossing, located in Iraq’s northern Nineveh province, will allow fuel oil shipments to be trucked through Syria while also reopening the route to commercial trade traffic that has been halted since the conflict that followed Syria’s civil war, offici
Seized Iranian-Flagged Container Ship Had Transported Items Deemed Dual-Use by US
The Iranian-flagged container ship Touska, which was boarded and seized by U.S. forces on Sunday, is likely to have what Washington deems dual-use items that could be used by the military onboard, maritime security sources said on Monday.The small container ship, which is part of the Islamic Republic of Iran Shipping Lines (IRISL) group that has been hit with U.S. sanctions, was boarded on Sunday off…
Corn Belt Ports Maritime Consortium Launches to Fill Regional Gap
Western Illinois University announced the formal establishment of the Corn Belt Ports Rural Logistics & Maritime Training & Education Consortium, a multi-state collaboration designed to strengthen the inland maritime workforce and support economic growth across the Midwest.The Consortium brings together a broad network of institutions of higher education from Illinois, Iowa, Missouri, and Wisconsin…
Hyke Electric Ferry Pilot Sees Success in Norwegian Public Transport
After 14 months in daily public transport service in Fredrikstad, Hyke’s fully electric F-15 Shuttle has demonstrated low energy consumption, strong passenger demand, and a compelling case for electric ferries as a cost-effective urban mobility solution.Traffic jams plague cities worldwide, yet their waterways remain underused. After successful public transport, Norwegian tech company Hyke has shown…
C&C Marine and Repair Hold Keel Laying Ceremony for Hybrid Escort Tugs
C&C Marine and Repair held a keel laying ceremony at its Belle Chasse shipyard, marking a milestone in a new series of four hybrid escort tugs being built for Green Tug Towing (GTT). The vessels will support LNG carrier operations at Woodside Energy's Louisiana LNG terminal in Calcasieu Parish.The GTT series joins a separate series of four hybrid escort tugs already under construction at C&C, bringing the shipyard's active tugboat program to a total of eight vessels.
Mermaid Renews Subsea Vessel Deal as Decom Work Grows
Mermaid Subsea Services (UK) has extended its contract for the subsea support vessel Island Valiant, reinforcing its position in the North Sea decommissioning market.The vessel has supported Mermaid’s operations in the region for the past three years, including well plug and abandonment (P&A) and inspection, repair and maintenance (IRM) campaigns.The new agreement commits the vessel to operations in the basin for a further 12 months as activity in the North Sea is expected to increase.Mermaid…
Dajin Expands Offshore Wind Logistics Fleet with KING TWO Launch
China-based offshore wind foundations manufacturer Dajin Heavy Industry has launched a 40,000 DWT deck carrier, KING TWO, at its Panjin shipbuilding facility.The vessel, launched on April 19, is the second large-scale deck carrier built at the facility, following KING ONE, which has already completed its maiden voyage.KING TWO measures 239.8 meters in length, 51 meters in breadth and 13 meters in depth…
BGN Orders Four Dual-Fuel VLGCs from South Korean Shipyard
Dubai-based energy and commodities trading group BGN has signed a contract with HD Hyundai Heavy Industries for the construction of four new dual-fuel Very Large Gas Carriers (VLGCs).The vessels, each with a capacity of 90,000 cbm, will be built in Korea and delivered by 2029, strengthening BGN’s position in the global LPG market and enhancing its integrated trading and logistics capabilities.Designed to operate on both conventional and lower-emissions fuels…
Court Orders GE Vernova to Stay on Vineyard Wind’s Offshore Wind Farm
A Massachusetts judge on Friday blocked GE Vernova from abandoning work on the largest offshore wind farm in New England after developer Vineyard Wind refused to pay over $300 million the turbine supplier says it is owed for the $4.5 billion project.Suffolk County Superior Court Judge Peter Krupp in Boston issued a preliminary injunction at developer Vineyard Wind's request preventing a GE Vernova…
Oil Flows to Lag Even if Hormuz Strait Reopens
The stop-start shipping traffic through the Strait of Hormuz underscores the profound uncertainty hanging over the world’s most critical oil and gas chokepoint. But one thing is already clear: even if the guns fall silent, flows through the narrow waterway will take months – and possibly years – to recover to pre-war levels.Iran said on Saturday that it was tightening control over the strait in response to a U.S.
Oil Jumps 6% on US-Iran Ceasefire Concerns
Oil prices jumped more than 6% in early Monday trading on fears that the ceasefire between the United States and Iran could collapse after the U.S. seized an Iranian cargo ship and traffic through the Strait of Hormuz remained largely halted.Brent crude futures LCOc1 advanced $5.51, or 6.1%, to $95.89 a barrel by 0752 GMT and U.S. West Texas Intermediate CLc1 was up $5.46, or 6.5%, at $89.31.Both contracts tumbled by 9% on Friday…
Ammonia Fuel Sales Plan Advances in Singapore
NYK Bulkship (Asia), Golden Island and Yara Clean Ammonia Norge have concluded a non-binding Term Sheet that paves the way towards a partnership to supply low-carbon ammonia as a marine fuel in Singapore.The companies began discussions in the beginning of 2024 to explore the launch of the business, aiming to commence operations within this decade.NYK group operates a fleet of more than 900 vessels.
Icebreakers: Seaspan Shipyards Sits as the Hub of the USCG Icebreaker Fleet Rebuild
The quest to rebuild the U.S. icebreaker fleet is an international affair, and part of the project centers on Jim Carr, SVP Engineering, Seaspan Shipyards, and his team that is serving as a design and expertise hinge for construction of the USCG Arctic Security Cutter (ASC) program to be built at Rauma Marine Constructions and Bollinger Shipyards. Carr has had a long and distinguished career across major U.S.
IMO Approves New Guidelines on Ship Registration
The IMO’s Legal Committee has approved a new set of guidelines to improve transparency and due diligence in ship registration, as well as prevent fraudulent registrations and misuse of flags. The guidelines help to close a key regulatory gap for the maritime industry, given there is currently no binding international framework to regulate the registration of ships. The newly approved Guidelines will…
Australian Government Seals Deal with MHI for Frigates
The Australian government and Mitsubishi Heavy Industries (MHI) have concluded a contract for the construction of three upgraded Mogami-class frigates for Australia's General Purpose Frigate (GPF) program.In August 2025, the Australian government selected MHI's upgraded Mogami-class frigate (4,800 ton type) as the preferred platform to proceed to the next stage in the selection process for the country's…
