Swire Shipping Bans Carriage of Donkey Skins
On World Donkey Day (May 8), international animal welfare charity, The Donkey Sanctuary, acknowledges Swire Shipping as the first global shipping line to commit publicly to a ‘No Donkey Skins Carriage policy’.In February last year, African Heads of State and Governments endorsed a continent-wide moratorium on the slaughter of donkeys for their skins at the 37th African Union Summit. The agreement was…
MarineShift360 Unveils First Impact Accelerator Cohort
MarineShift360 has unveiled the first cohort of its Impact Accelerator Program, selecting three pioneering organizations to advance sustainability across the marine industry.Following a competitive selection process, the Royal National Lifeboat Institution (RNLI, United Kingdom and Ireland), Secfuel (Sweden), and BAR Technologies (United Kingdom) were chosen for their potential to drive measurable…
Odfjell Announces “Resilient” Financial Result
Odfjell SE has reported its results for the first quarter of 2025, showing a resilient financial result despite the increased market uncertainty due to the initial U.S. trade tariffs announcement.The Odfjell Group is one of the leading players in the global market for seaborne transportation and storage of chemicals and other specialty bulk liquids.Time charter earnings ended at $168 million, compared to $183 million in 4Q24.
Houthi Ceasefire Deal Excludes Israel
A ceasefire deal between Yemen's Houthis and the U.S. does not include sparing Israel, the group said on Wednesday, suggesting its shipping attacks that have disrupted global trade and challenged world powers will not come to a complete halt.President Donald Trump announced on Tuesday the U.S. would stop bombing the Iran-aligned Houthis in Yemen, saying that the group had agreed to stop attacking U.S.
US Companies Seek Exemption from Trump LNG Plan
U.S. energy groups are asking President Donald Trump's administration to exempt liquefied natural gas tankers from a new rule that will require producers to move an increasing percentage of their exports on U.S.-built vessels as part of a broader push to revive domestic shipbuilding.The U.S. is the world's No. 1 LNG exporter at $34 billion annually and the Trump administration has been a supporter of the industry in his push for energy dominance.In a move that shocked the industry, the U.S.
US to Seek UN Sanctions on Ships Taking North Korean Coal to China
The United States said on Wednesday it plans to call for U.N. sanctions against vessels identified as taking part in circumvention of United Nations resolutions to combat North Korea's nuclear and missile programs.The British-based Open Source Center issued a report on Wednesday saying that in the past year it had tracked a number of non-Korean flagged vessels transporting North Korean coal and iron ore to ports in China, in violation of U.N. sanctions.Speaking at a meeting of the U.N.
Salvage to Begin in Italy for Mike Lynch's Yacht After Fatal Sinking
The recovery of British tech tycoon Mike Lynch's superyacht from the waters of northern Sicily is expected to begin in the coming weeks to help shed light on how a supposedly unsinkable vessel disappeared into the sea last August.The 56-metre-long (184-foot) Bayesian, with its majestic single 72-metre mast, was moored off the small port of Porticello when it was likely hit by a downburst, a very strong downward wind…
Uruguay's Ancap to Launch Bidding for Natural Hydrogen Exploration by Year-End
Uruguay's state-run energy firm Ancap plans to launch a bidding round for natural hydrogen exploration and development by the end of the year, with offers expected in 2026, executives said on Wednesday.Ancap is also exploring a bidding round for carbon capture investment, to be launched potentially in 2027, the firm's representatives said at a conference in Houston.Uruguay is considered a promising region by geologists for natural hydrogen exploration due to the significant presence of the eleme
Inchcape Shipping Services, Symmetry Group Announce Partnership in Guyana
Inchcape Shipping Services (ISS) and Symmetry Group Inc. (SGI) have announced a strategic joint venture in Guyana, marking a significant milestone in the maritime and logistics sectors. This partnership aligns with Guyana's Local Content requirements, combining the strengths of both companies to offer an integrated suite of services tailored to the needs of the country's burgeoning oil and gas industry.Symmetry Group Inc.
Resolve Academy Holds 19th Annual Damage Control Olympics
Fort Lauderdale – Resolve Academy, a provider of maritime training, hosted its 19th annual Damage Control Olympics on April 29. The spirited competition of shipboard firefighting and vessel flooding exercises were designed for officers and crews from U.S. Navy and U.S Coast Guard visiting Port Everglades during Fleet Week Fort Lauderdale. Crews from the USS New Hampshire, USS New York, USCGC Tampa and USS Cole participated.
Israel Aerospace Industries to Sell Autonomous Submarines to Greek Navy
State-run Israel Aerospace Industries (IAI) said on Wednesday it signed a deal to sell its BlueWhale autonomous submarine system to the Greek Navy.IAI did not disclose financial details.BlueWhale is a large uncrewed underwater vehicle weighing 5.5 tons and can perform a wide range of covert maritime missions, including intelligence-gathering above the sea surface, submarine and underwater target detection, acoustic intelligence collection and searching for and detecting naval mines on the seabed
Vietnamese Imports From China and Export to US Reach Record High
Vietnam's imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi's trade surplus and a crackdown on Chinese goods being shipped to the U.S. via its territory.The Southeast Asian nation faces the risk of 46% duties on its exports to the U.S. if the White House confirms this rate at the end of a global tariff pause in July.
BIMCO: Brazilian Grain Shipments Up 9% as China Seeks US Alternative
Between January and April 2025, Brazilian grain shipments rose 9% y/y, supported by strong Chinese purchasing, according to Filipe Gouveia, Shipping Analysis Manager at BIMCO.The ramp-up in exports has been supported by a 9% increase in the soya bean harvest, according to estimates by the United States Department of Agriculture (USDA). Shipments were weakest in January due to a delay in the harvest, but they quickly ramped up in February, driving an increase in ship congestion.
KVH Launches CommBox Edge Secure Suite for Cybersecurity Threat Detection & Response
KVH Industries, Inc. unveiled the newest expansion to its CommBox Edge Communication Gateway–the Secure Suite threat detection and response service. Focused on detecting, preventing, and reporting cybersecurity threats, CommBox Edge Secure Suite actively identifies and blocks harmful traffic in real time to reduce the risks to vessel communications, operations, and network security. Secure Suite is…
SCHOTTEL Equips KOTUG’s Methanol-Fueled Tugs
SCHOTTEL is equipping the world's first large purpose-built dual-fuel methanol escort tugs based on the Robert Allan Ltd. RASalvor 4400-DFM design for towage company KOTUG Canada with rudderpropellers featuring the mechanical hybrid solution SYDRIVE-M. The tugs—to be named SD Aisemaht and SD Qwiy Aanitsa Sarah—are currently in the final stages of construction at Turkish Sanmar Shipyards. After their completion in Q3 2025…
North Star Takes Delivery of its First CSOV (Video)
North Star has officially named its first commissioning service operation vessel (CSOV), the Grampian Kestrel.The vessel was named at a ceremony at VARD’s shipyard in Vard Langsten in Norway on May 6.The Grampian Kestrel is the first of two CSOVs to be delivered this year, as part of the firm’s drive to support its growing portfolio of offshore wind clients with cutting-edge tonnage and exceptional service.The new vessel…
Wärtsilä Introduces CCS Solution for Maritime Industry
Technology group Wärtsilä has made its carbon capture solution (CCS) commercially available to the global maritime industry, aimed at accelerating the decarbonization of shipping.According to Wärtsilä’s tests, the new ‘Wärtsilä Carbon capture solution’ is proven to reduce vessel CO2 emissions by up to 70%, providing ship owners with an immediate solution to meet increasingly stringent environmental…
Wallenius Wilhelmsen Bags $140M Multi-Year Shipping Contract
Wallenius Wilhelmsen has signed a three-year shipping contract with one of the world’s leading construction and mining equipment manufacturers.The contract is estimated to have a value of approximately $140 million based on expected volumes over the three-year period.Wallenius Wilhelmsen is seen as a key long-term partner, and the renewed agreement started in May, 2025, with amended rates in line with…
Glamox Unveils Wildlife-Friendly Marine Lights
Lighting solutions specialist Glamox has launched new wildlife and turtle-friendly versions of some of its most popular LED marine luminaires.The new amber-coloured lights, for use on the exterior of vessels and onshore coastal facilities, are designed to limit the impact of lighting on nesting turtles and their hatchlings.Growing environmental awareness and guidance from authorities have seen the emergence of a market for amber turtle-friendly lighting, particularly in Asia and Australasia.
EMGS Diversifies Business with Siem Day Subsea Construction Vessel Buy
Norwegian geophysical services company Electromagnetic Geoservices (EMGS) has established a new business platform within the offshore subsea construction market, having entered into a set of agreements for the acquisition of Siem Day offshore subsea construction vessel (OSCV).A newly formed subsidiary of EMGS will acquire the OSCV Siem Day from the seller Siem Day II, which is a wholly-owned subsidiary of Siem Offshore.The acquisition represents a strategic diversification for EMGS…
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