Canada Trials S-100 on St. Lawrence River
The Canadian Hydrographic Service (CHS), under Fisheries and Oceans Canada, is taking a leading role in validating new digital hydrographic standards, with the Minister of Fisheries, Joanne Thompson, launching S-100 sea trials on the St. Lawrence River.The S-100 data model is a new global standard created by the International Hydrographic Organization (IHO), which offers a new way of visualizing the marine environment using layered…
EU Plans Phase Out of Russian Oil and Gas Imports
The EU Commission has put forward a proposal to gradually stop the import of Russian gas and oil into the EU by the end of 2027. This will help the EU become more energy independent, improve the security of the energy supply and boost the Union's energy independence and competitiveness.The proposal follows the REPowerEU roadmap, the EU’s strategy to completely remove Russian oil, gas and nuclear energy imports from EU markets.
Acteon’s Rocksteady Tension Tool Selected by InnovateUK
Acteon’s Rocksteady Tension Tool (RSTT) has been selected by InnovateUK iX, a UK program designed to fast-track knowledge transfer and accelerate innovation. The RSTT is a reusable in-line winch and connection system designed to enable mid-line hookup of mooring lines at final tension to optimize the hook-up and disconnection processes between mooring systems and floating offshore wind turbines.The…
IMO Calls for Action After UN Ocean Conference
The Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez has applauded the important commitments made at the United Nations Ocean Conference (9-13 June) in Nice, France, while urging countries to deliver on these promises as soon as possible.Dominguez said: “Commitments are a necessary first step, but they are not the finish line. We must now move beyond the statements and turn those words into real, measurable action.
Maturing Dry Bulk Fleet Ill-Equipped for Future
The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the supply of vessels under 15 years of age projected to fall by 22% by 2028, according to new analysis shared by Oliver Kirkham, Senior Valuation Analyst at Veson Nautical, a global leader in maritime freight and fleet management solutions.Speaking at the 2025 Marine Money Week in New York, Kirkham told…
American Cruise Lines Opens 2025 New England Season, Launches New Cruise Ship
American Cruise Lines announced their biggest season of New England cruises—featuring nine itineraries and five small ships, including the newest cruise ship in the country, American Patriot.American Patriot is the flagship in the company’s new Patriot Class series. The 130-passenger ship passed Sea Trials and will embark on its first cruise this week, sailing June 21 roundtrip from Boston. Guests will enjoy one of the Line’s premiere New England itineraries…
Briggs Marine Signs $244m Contract With UK Ministry of Defence
Briggs Marine, a leading provider of marine services, has been awarded a contract with the UK Ministry of Defense (MoD) to supply and maintain Authority Moorings, Markers, and Targets over the next eight years with a forecast revenue of USD$244 million (£182 million).The successful bid is the largest defense contract to be awarded to the Fife-based company to date and forms part of the MoD’s ‘next generation of marine services’ program.
SCHOTTEL to Equip Tug With RudderPropellers
SCHOTTEL is to equip a new OX series tractor tug from U.S.-based aluminum workboat builder Silverback Marine with two SCHOTTEL RudderPropellers type SRP 100. Designed in collaboration with Seattle headquartered Elliott Bay Design Group, the truckable tug will have a bollard pull of almost seven tons and ensure excellent maneuverability with an extremely compact size of just 7.9 meters (26’-0”) in length and 4.4 meters (14’- 6”) in width. The vessel, being built for the U.S.
Oil tanker Near Iran Experiences Signal Jamming
The Front Tyne oil tanker was sailing through the Gulf between Iran and the United Arab Emirates on Sunday when just past 9:40 a.m. shiptracking data appeared to show the massive vessel in Russia, in fields better known for barley and sugar beets.By 4:15 p.m., the ship's erratic signals indicated it was in southern Iran near the town of Bidkhun, before later placing it back and forth across the Gulf.Mass interference since the start of the conflict between Israel and Iran has affected nearly 1…
LALIZAS Expands Authorized Service Stations in Canada
Marking a key development in the Canadian Marine Industry, LALIZAS—known for marine safety equipment—announced an expansion in Canada, adding service stations in the East and West of Canada.The manufacturer’s commitment to supporting safety at sea has taken a significant step forward with the inclusion of two authorized service stations: Dera Maritime and Viking Fire Protection.Trusted by local businesses across Canada…
Mitsui OSK: Shipping in the Gulf Continues, Closely Monitoring Situation
Japan's second-largest shipping company, Mitsui O.S.K. Lines (MOL), is operating as usual in the Gulf while closely monitoring the situation in the region, CEO Takeshi Hashimoto said on Tuesday."We are operating so many containers, car carriers and chemical tankers so that it is very, very difficult for us to reduce or stop with the service," Hashimoto told Reuters on the sidelines of the Energy Asia…
Performance Shipping Contracts with Mercuria for Newbuild Tanker
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a long-term time charter contract with Mercuria Energy Trading S.A. for its fourth newbuilding, the previously announced LR1 tanker scheduled for delivery in early 2027.The vessel will be chartered to Mercuria for a firm period of four years, through early 2031, at a daily gross charter rate of US$23,750.
Equinor Announces Shifts in Leadership
Danske Commodities CEO Helle Ostergaard Kristiansen will step down to become head of the gas and power unit of parent group Equinor, the trading house said on Tuesday.Danske Commodities' Chief Financial Officer Jakob Sorensen, who joined the company 20 years ago as a power trader, will take over as new CEO as of September 1, it said in a statement.Kristiansen replaces Helge Haugane who in April was named head of a new Equinor business area formed by the group's power assets.Danske Commodities, w
Tighter Emissions Regulations, Slower Economy to Soften Marine Fuel Demand
Stricter environmental regulations and slower global economic growth will soften marine fuel demand in the coming years, the International Energy Agency said in its annual report on Tuesday.Marine fuel sales jumped last year due to Red Sea disruptions that made shipping companies take longer routes.But demand for those fuels, also called bunkers, could flatline at around 5 million barrels per day (bpd) in 2024-2030…
Marine Fuel Sales at Fujairah Port Hit Three-Month Low
Marine fuel sales at the United Arab Emirates' Fujairah port hit a three-month low in May, data showed, while market sources said they are monitoring the situation in June as conflict flares between Israel and Iran, heightening regional tensions. Bunker sales, excluding lubricants, totalled 614,296 cubic metres (about 608,000 metric tons) at the Middle Eastern bunker hub in May, based on Fujairah Oil Industry Zone (FOIZ) data published by S&P Global Commodity Insights.
The Switch to Deliver DC-Hub, Electric PM Propulsion Machine Package to Bergen Tankers
Bergen Tankers and Equinor have signed a long-term charter agreement for two oil/chemical tanker newbuilds with an electric propulsion system, which aim to set a new standard for low emissions at the Norwegian Coast.The Norway-based companies selected Berg Propulsion as the system integrator for these DNV ice-classed tankers. The newbuild 6,500 dwt stainless steel tankers will be built by Zhoushan…
Launch of NAVTOR Türkiye Encourages Regional Service and Support
NAVTOR has reaffirmed its commitment to providing world-class service and support to customers in Türkiye and the surrounding region with the launch of NAVTOR Türkiye in Istanbul.NAVTOR, with products and services on over 18,000 vessels in the world fleet, has acquired 100% ownership in Voyager Worldwide Yasden (Yasden). The new office will be led by Managing Director Sena Deral Sezgi, supporting regional shipping companies with e-Navigation and performance solutions to simplify compliance…
Tanker Collision Near Strait of Hormuz Not Related to Israel-Iran Conflict, Frontline Confirms
Frontline, the owner of Front Eagle oil tanker which was involved in a collision with Adalynn, a tanker owned by India-based Global Shipping Holding, has confirmed the collision was a navigational incident and not related to the current regional conflict between Israel and Iran.The incident occurred approximately 15 nautical off Fujairah in the Gulf of Oman, off the United Arab Emirates (UAE), at 00:15 local time on June 17…
Fully Laden Front Eagle and Suezmax Tanker Collide Near Strait of Hormuz
Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz, where electronic interference has surged during conflict between Iran and Israel, but there were no injuries to crew or spillage reported.With Iran and Israel firing missiles at each other since Friday, interference has disrupted navigation systems near the vital sea route between Iran and Oman which handles about a fifth…
Uni-Tankers Books Strong Growth, Fleet Development
Denmark-based chemical and product tanker operator Uni-Tankers reported solid financial performance for the 2024/25 fiscal year, posting a net profit of $39.5 million and a 24.4% increase in revenue, bolstered by fleet expansion, strong contract performance, and continued investment in digitalization and decarbonization.CEO Per Ekmann called the results a confirmation that the company’s long-term strategy is delivering consistent value.
