DHT Snags 2018-built VLCC for $107m
DHT Holdings entered into an agreement to acquire a VLCC built in 2018 at Hyundai Heavy Industries (HHI), for $107 million. The vessel is scheduled to deliver towards the end of the third quarter of 2025. “This is a sister of vessels built by us in 2018, a design with large carrying capacity and premium earning capabilities, well suited for the trading patterns of our key customers," said DHT’s President & CEO, Svein Moxnes Harfjeld.
Iran Considers Closing Strait of Hormuz
Iran could shut the Strait of Hormuz as a way of hitting back against its enemies, a senior lawmaker said on Thursday, though a second member of parliament said this would only happen if Tehran's vital interests were endangered.Iran has in the past threatened to close the Strait of Hormuz to traffic in retaliation for Western pressure, and shipping sources said on Wednesday that commercial ships were…
Researchers Identify Swedish 17th Century Warship Shipwreck
Researchers have identified a shipwreck off Porkkala, in southern Finland, as the Swedish warship “Falken,” a 17th-century vessel built in Stockholm and considered the “little sister” of the iconic Vasa ship.The shipwreck was discovered 50 years ago, but it is only now that Associate Professor Niklas Eriksson has been able to identify it thanks to a digital 3D model of the ship created by the Finnish Maritime Archaeological Society.“We have realised that a lot of this ship still is preserved…
DOF's Subsea Construction Vessel Gets Atlantic Region Jobs
DOF Group has signed multiple contracts for the Skandi Inventor subsea construction vessel (SCV) in the Atlantic region. The contract is for 100 days of firm work, with additional options available.The Skandi Inventor, a state-of-the-art DP3 construction vessel equipped with a 400-ton Active Heave Compensated (AHC) crane and a large working deck, has recently undergone significant upgrades. The vessel is now fitted with two brand new Work Class ROVs (WROVs) and a modern survey suite…
MacArtney to Equip N-Sea’s Altera CLV Newbuild
MacArtney Offshore Wind Solutions, in collaboration with Subsea Cable Assets (SCA) and Enersea, has secured the contract to design and deliver a fully integrated cable lay spread, a tailored solution for N-Sea’s new cable laying vessel (CLV), Altera.The project will combine MacArtney’s advanced mission equipment and control systems, SCA’s fabrication and EPCI expertise, and Enersea’s deck layout and…
New Partnership for Standards on Ammonia-Fueled Ships
KR (Korean Register) has launched a joint working group to establish international standards for the safe discharge of toxic ammonia effluent generated from ammonia-fueled ships.The initiative brings together Korean major shipbuilders, including HD Hyundai Heavy Industries (HD HHI), HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Samho, Samsung Heavy Industries (SHI), and Hanwha Ocean…
Port of Aberdeen Connects First Vessel to Green Shore Power Demonstrator
Scotland’s largest maritime decarbonization project is now live at the Port of Aberdeen, providing green shore power for vessels at eight berths in the port’s North Harbour.The concept of shore power is simple: allowing vessels to plug directly into power from the port’s renewable energy tariff, instead of running on their own fossil fuel auxiliary engines while at berth, saving on fuel and cutting CO2 emissions…
BYD Shenzhen: World's Largest Car Carrier becomes a Flashpoint on Chinese Exports
The world's largest car carrier making its maiden voyage is generally cause for celebration. But in the case of Chinese car manufacturer BYD and its mammoth new BYD Shenzhen -- a 16,300 dwt, 9200 CEU, LNG Dual-Fuel PCTC that measures 219.9 x 37.7m with a 9.2m draft -- the ship instead represents the flooding of a market with cheap electric vehicles (EVs).The world's largest car-carrying ship - with…
Solstad Offshore’s Two CSVs Get Jobs in South America
Norwegian offshore vessel operator Solstad Offshore has confirmed contracts for two of its construction support vessels (CSVs), which will be put to work in South America.The first contract is with Petrobras for the Normand Flower CSV, owned by Solstad Maritime.The contract, valued at $115 million excluding ROV services, was first announced in April 2025, and has now been formally approved and signed.It…
RINA Acquires Foreship
RINA has acquired the entire share capital of Foreship, a Finnish company specializing in naval architecture and marine engineering, from Vaaka Partners and company’s managers.The acquisition marks a further expansion of RINA’s marine engineering consulting offering worldwide, while strengthening its presence in Northern Europe.Foreship, with 2024 revenues of €15.2 million is headquartered in Helsinki and employs over 90 professionals across eight offices globally…
GD Electric Boat Awarded a $987m Submarine Contract Modification
General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), was awarded a $987 million contract modification to a previously awarded contract supporting submarine production. This modification is for additional Component Development, Class Lead Yard Support (CLYS), and Submarine Industrial Base (SIB) supplier development enhancements, as detailed in the U.S. Department of Defense…
Sustainable Shipping Research Centre Launched in Glasgow
A new Research Centre dedicated to advancing sustainable shipping has been launched by the University of Strathclyde in partnership with international shipping company Oldendorff Carriers.The Centre will address evidence gaps critical to an effective industry transition, focusing on technological, operational and human factors, including the impacts of decarbonization measures on crew.Key research areas will also encompass the design of next-generation…
Solvang Opts for More Full-Scale CCS Systems
Solvang has a Letter of Intent (LOI) with Seatrium for the installation and retrofitting of a full-scale carbon capture and storage (CCS) systems.The retrofit on Solvang's new series of very large gas carriers (VLGCs), configured specifically for CCS, is set to begin in late 2026.In April, steel was cut for the first two of seven Panamax VLGC at HD Hyundai Heavy Industries. Delivery is planned for…
Call Made for More Collaboration to Protect Seafarers from Criminalization
Global maritime leaders have reaffirmed their commitment to fair treatment, due process and coordinated action to protect seafarers’ rights.Seafarers detained in connection with their professional duties must be treated fairly and with dignity, with full respect for their human rights, high level participants from the IMO, International Labour Organization (ILO), International Chamber of Shipping (ICS)…
ABS and HD Hyundai Samho Collaborate on AI for Shipbuilding
ABS and HD Hyundai Samho signed a memorandum of understanding for the technical collaboration for an AI-based smart shipyard.The agreement establishes a cooperative framework for both organizations to leverage smart technologies such as AI, automation and robotics to identify opportunities for process improvement at HD Hyundai Samho shipyard. ABS will utilize its established Guide for Smart Technologies…
Japan Energy Summit & Exhibition Opens in Tokyo
Opening Ceremony sets the tone for a pivotal three-day event focused on global cooperation, diversified supply, and pragmatic climate solutions Global CEO Panel featuring JERA, TotalEnergies, and Woodside underscores LNG’s role in energy security and decarbonisation Delegates from over 50 countries convene at Tokyo Big Sight to chart the course for a secure, sustainable energy futureThe Japan Energy Summit & Exhibition 2025 officially opened today at Tokyo Big Sight…
ABS Issues AIP for Floating Nuclear Power Module
ABS issued approval in principle (AIP) to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for a concept of a floating small modular reactor (SMR)-powered power module.The design is intended to generate electricity offshore and near shore, supporting port facilities and onshore communities. ABS completed design reviews based on the ABS Requirements for Nuclear…
CCG's New Offshore Oceanographic Science Vessel Begins Sea Trials
CCGS Naalak Nappaaluk, the Canadian Coast Guard’s (CCG) new Offshore Oceanographic Science Vessel (OOSV), began sea trials this week in North Vancouver, sailing from Seaspan Vancouver Shipyards where final outfitting, installation, and commissioning work has been taking place since the vessel’s launch in August 2024.CCGS Naalak Nappaaluk is a Polar Class 6 vessel, with a displacement of 5,058t, and is 88 meters long…
Army Corps of Engineers Seeks Public Comments On Proposal to Renew and Revise Nationwide Permits
The U.S. Army Corps of Engineers announced it is seeking comments on its proposal to renew and revise 56 existing nationwide permits and issue one new nationwide permit authorizing activities associated with improving fish passage. Nationwide permits authorize activities in wetlands and other waters that are regulated by Section 404 of the Clean Water Act and/or Section 10 of the Rivers and Harbors Act of 1899.“The streamlined set of nationwide permits proposed today offers a clear…
Admiral Caudle Nomiated to be US Navy CNO
Admiral Daryl L. Caudle has been nominated by President Donald Trump to be the next Chief of Naval Operations, more than three months after Admiral Lisa Franchetti, the first woman to lead the U.S. Navy, was fired in President Trump's purge of military leadership following his inauguration.The Senate Armed Services Committee received Adm. Caudle's the nomination on June 17, 2025.Adm. Caudle - currently Commander, U.S.
