Nikkiso Launches Fuel Gas Supply Systems to Support Marine Engines
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) has the launch of a new high-pressure fuel gas supply systems (FGSS) specifically designed to power the next generation of cleaner, more efficient ships with lower emissions and greater efficiency. Nikkiso CE&IGās work in FGSS manufacturing represents a future-proof solutionāengineered to deliver and sustain pressures well beyond todayās standards of 380-420 bar, regardless of fuel source.
DOF Bags Multiple Vessel Deals with Petrobras in Brazil
Norwegian offshore supply vessel owner DOF Group has secured seven new contract extensions with Petrobras for its offshore support vessels (OSVs) in Brazil, valued over $160 million.Five of DOF's Brazilian-flagged anchor handling tug supply (AHTS) vessels, all with ROVs on board, including Skandi Fluminense, Skandi Paraty, Skandi Angra, Skandi Urca and Skandi Iguaçu, have had their current contractsā¦
Oshima Bulk Carrier Design Earns ClassNK Approval for Alternative Fuels
Japanās ClassNK has issued an approval in principle (AiP) for a bulk carrier concept developed by Oshima Shipbuilding that is designed to be ready for multiple alternative fuels, including ammonia, methanol and liquefied natural gas (LNG), as well as onboard carbon capture and storage (OCCS).The approval confirms the technical feasibility of the vessel from a regulatory and safety perspective and reflectsā¦
Fuel Gas Supply Systems Launched for Next-gen Marine Engines
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) launched a new high-pressure fuel gas supply systems (FGSS) specifically designed to power the next generation of cleaner, more efficient ships with lower emissions and greater efficiency.Nikkiso CE&IGās innovation in FGSS is engineered to deliver and sustain pressures well beyond todayās standards of 380-420 bar, regardless of fuel sourceā¦
ESG Launches Escort Tug for Saltchuk
Eastern Shipbuilding Group (ESG) launched the first of the four Saltchuk escort tugs.āWe are proud to advance this important project for Saltchuk Marine and look forward to continued progress as we move toward delivering these high-quality escort tugs,ā said Joey DāIsernia, CEO of Eastern Shipbuilding Group, Inc. āThese four vessels set a new maritime standard that will positively impact the industry by meeting new rigorous environmental requirements.ā said Jason Childsā¦
Container Vessels: Return to Suez Canal Looms Large
"Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that average market conditions in 2026 will be like those in 2025 but 2027 could see slightly weaker market conditions. We forecast ship demand growth of 2.5%-3.5% in both 2026 and 2027 while supply is estimated to grow 3% in 2026 and 3.5% in 2027,ā says Niels Rasmussen, Chief Shipping Analyst at BIMCO.
VARD Forms Research and Innovation Partnership with NORCE
VARD has recently signed an agreement (MoU) with the major Norwegian research institute NORCE, establishing a strategic partnership to cooperate on research and innovation.The agreement encompasses topics such as design, construction, on board and underwater maintenance and drone technology for ships and subsea technology, with particular focus on the planned standardized vessels of the Norwegian Navy.
Cadeler Launches 11th Offshore Wind Installation Vessel in China (Video)
Danish offshore wind installation firm Cadeler has launched its Wind Ace wind turbine installation vessel (WTIV) newbuild at the COSCO Qidong yard in China.With the launching complete, Wind Ace has moved into the final construction phase, which entails installation of the remaining leg sections, the main crane, and the start of commissioning activities.According to Cadeler, Wind Ace A-Class WTIV will be delivered to the company in 2026ā¦
Ukrainian Drones Hit Tanker in Russia's Rostov Port
Ukrainian drones hit a tanker in the southern Russian port of Rostov-on-Don, killing and injuring a number of people and sparking a fire, the city's mayor was quoted as saying early on Thursday."Emergency teams are extinguishing the fire on the tanker that was struck while docked in a drone attack," Russian news agencies quoted Skriabin as saying."A leak of oil products was avoided.
Woodside's Meg OāNeill to Serve as Next CEO of BP
The bp Board has appointed Meg OāNeill as bpās next CEO effective April 1, 2026.Murray Auchincloss is stepping down from his position as CEO and director of the Board, effective December 18. Carol Howle, current executive vice president, supply, trading & shipping of bp, will serve as interim CEO.O'Neill is the first CEO to be appointed by BP from outside of the company and the first female to lead any of the top five oil companies in the world.
ESAB Launches New Tracfinder Battery-Powered Welding Tractors, Cobot Welding System
To help metal fabricators improve productivity, quality and workforce needs, ESAB has launched its new Tracfinder Rail and Tracfinder Wheel series of battery-powered welding tractors and unveiled its newly branded ROBBI Mobile cobot welding system. ROBBI is now available with the Aristo Edge 500R power source and RoboFeed Edge robotic wire feeder, which offer next-generation capabilities. Compared to manual weldingā¦
Inocea Group Looks to Acquire Warship Builder GNYK
British defence, marine and industrial firm Inocea Group is in talks to buy warship builder German Naval Yards Kiel (GNYK), a person familiar with the matter said, highlighting growing demand for defence assets fuelled by geopolitical tensions.The interest suggests bidding competition for GNYK, given the CEO of Germany's TKMS said last week the world's largest maker of non-nuclear submarines was consideringā¦
PDVSA Resumes Oil Cargo Deliveries After Cyberattack
Venezuela's state-run oil company PDVSA on Wednesday was resuming oil cargo deliveries at its terminals following a cyberattack that affected its centralized administrative systems, according to the company and sources.PDVSA, which is grappling with the U.S. announcement on Tuesday of a blockade of all sanctioned tankers approaching or planning to leave Venezuelan waters, was able to isolate oilfieldsā¦
US Government Takes Another Look at Virginia Offshore Wind Project
The Trump administration is reviewing whether to send the Interior Department's Biden-era approval of a Virginia offshore wind project back to the agency for reconsideration, according to a court document filed on Wednesday.The agency is conducting a review of offshore wind leases to comply with Interior Secretary Doug Burgum's July order to end preferential treatment for wind and solar projects, it said in a filing in U.S.
Clippership Completes Autonomous Wind-Powered Vessel Design to be Built by KM Yachtbuilders
Clippership, a company developing autonomous wind powered ships, announced it has completed the design of its first 24-meter class vessel, and executed a construction contract for the first cargo vessel with Dutch shipyard KM Yachtbuilders.The 24-meter class features twin, foldable rigid wings for primary wind propulsion and is designed for open-ocean autonomy. The vessel has a cargo capacity of up to 75 Euro-pallets within its climate-controlled cargo hold.
Damen Delivers New Tugs to Fairplay Towage Group and Louis Meyer
On November 21, Damen Shipyards Group delivered three new tugs, consisting of an RSD Tug 2513 named Fairplay-98, and two ASD Tugs 2312 named Fairplay-86 and Fairplay-87. The RSD Tugs 2513 and one ASD Tug 2312 have been delivered direct to the Fairplay Towage Group, while the other ASD Tug 2312 was delivered to Neue Schleppdampfschiffsreederei Louis Meyer GmbH & Co. KG. This vessel has also joined the Fairplay Towage fleet on a long-term bareboat charter.
Incat Crowther's Spirit of Mulgumpin Tour Vessel Enters Service in Australia
Spirit of Mulgumpin, a customized 22-meter tour vessel Incat Crowther has designed for The Tour Collectiveās See Moreton business has entered service supporting See Moretonās operations in the Moreton Bay Marine Park in Queensland, AustraliaNamed in honor of the local Indigenous name for Moreton Island ā āMulgumpinā ā Spirit of Mulgumpin has been designed to support the unique schedule and operationalā¦
bound4blue eSAILs Installed on Amasus Cargo Vessel
bound4blue and Amasus Shipping have completed the installation of a 22-meter eSAIL on the general cargo vessel Fluvius Tavy at Astander Shipyard in Santander, Spain. The project marks the companiesā second installation, reinforcing both the scalability of suction sail technology and the growing confidence of shipowners in wind propulsion as a mainstream decarbonization solution.The latest adoptionā¦
Mitsui O.S.K. Lines, Isometric Partner on Carbon Removal
Mitsui O.S.K. Lines (MOL) and Isometric have entered into a strategic partnership under which Isometric will issue scientifically rigorous, transparent carbon dioxide removal (CDR) credits to support MOLās net zero strategy. The partnershipāwhich includes Isometricās selection as the registry for MOLās milestone 10,000-ton Enhanced Weathering offtake with Alt Carbonāwill provide MOL with access to high-quality carbon removal credits certified under the Isometric Standard.Isometricās protocolsā¦
Erik Lyrvall Appointed to Cavotecās Group Management
Cavotec has appointed Erik Lyrvall, Head of Strategy and M&A, as a member of Cavotecās Group Management. Erik joined Cavotec in autumn 2024 when he took up the position of Head of Strategy.In his role, Erik is responsible for driving the groupās strategic direction, leading M&A activities, evaluating partnerships and go-to-market strategies, and recommend initiatives to enhance operational efficiency and profitability.Before joining Cavotecā¦
