European Prosecutors Investigate Possible Offenses Related to Mediterranean Subsea Cable
European prosecutors are investigating possible criminal offences relating to a 1.9 billion euro ($2 billion) EU-financed project to build a subsea electric cable linking Europe to the eastern Mediterranean, Cyprus's president and the prosecuting agency said.Greek power grid operator IPTO is building the Great Sea Interconnector cable to link European and Cypriot transmission networks and later extend to Israel.The project has been hit by multiple delays…
Britain, Norway Sign £10b Maritime Defense Deal
Norway and Britain on Thursday (September 4) signed a £10 billion ($13.51 billion) agreement aimed at strengthening Norway's maritime defence capabilities, marking the Nordic country's largest military investment to date.Norway, which announced the deal on Sunday (August 31), said it had chosen Britain as its strategic partner for the acquisition of new frigates, following a competitive process that included proposals from Germany…
Master Boat, Austal Ink Shipbuilding Deal
Austal USA and Master Boat Builders, Inc. entered into a memorandum of understanding (MOU) establishing a strategic outsourcing partnership designed to expand U.S. shipbuilding capacity by increasing the ability of regional shipyards to take on large, complex programs for the U.S. government.The companies will collaborate on current programs under contract to Austal USA as well as collaborating on future efforts…
KVH linkHUB Media Server Receives CREST Cybersecurity Accreditation
KVH Industries has announced that its advanced KVH linkHUB Media Server has received CREST Accreditation from CREST Cybersecurity, a not-for-profit organization that accredits companies with cybersecurity services, in areas such as security systems for confidentiality, incident response, and penetration testing. The KVH linkHUB Server and Set Top Boxes (STB), which deliver award-winning KVH Link news and entertainment content to commercial seafarers…
FarSounder Introduces 3D Sonar Web Application
FarSounder, a leader in 3D Forward Looking Sonar (FLS) technology, has released its new web app with an intuitive user interface (UI). The highlight of this release is a powerful and integrative web app compatible with tablets and laptops, with plans to expand compatibility with multi-function displays (MFDs). This versatility allows captains and officers to access the advanced 3D display from virtually anywhere on board…
S. Korean to Invest $350B in U.S. Industries, including Shipbuilding
South Korea's pledge to invest $350 billion in strategic U.S. industries as part of a trade deal with Washington is likely to be led by state policy institutions that will provide funding on a case-by-case basis, the country's vice finance minister said.Under a trade deal struck in July to cap U.S. tariffs at 15%, the countries agreed to a financial package to support industries such as shipbuilding…
Trump Administration Drops Gauntlet on UN Fuel Rules, Threatens Tariffs
The United States has told countries to reject a United Nations' marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told Reuters.The Trump administration is looking to boost U.S. economic might, including by taking a bigger role in global shipping, and has used tariffs as a weapon to extract better terms from Washington’s trade partners.In April…
Second-hand Containership Prices Soar in the Face of Soft Shipping Rates
Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The average per TEU price of a basket of seven five-year-old container ships was $9,761/TEU in late August 2024. Since then, the price has risen to $10,758/TEU at the beginning of 2025 and to $11…
Grounded Fishing Vessel Spills Diesel near Kodiak, Alaska
The U.S. Coast Guard is responding to a diesel spill from a grounded fishing vessel in Izhut Bay near Kodiak.The fishing vessel Sea Ern ran aground Monday with three crewmembers aboard.Approximately 3,500 gallons of diesel has been released from the vessel into the water.Exclusion boom has been deployed in an effort to control the spread of the diesel.Watchstanders at the Coast Guard Sector Western Alaska and U.S.
Lack of Maintenance Led to Livestock Carrier Engine Failure
A livestock carrier’s engine failure in the Port of Fremantle, Australia, earlier this year highlights the need for ship owners and managers to properly manage maintenance, and for marine pilots to follow communication protocols, an ATSB final report notes.On 4 March 2025, Kuwait-flagged livestock carrier Al Messilah was under pilotage into the Port of Fremantle, Western Australia, when it briefly lost propulsion near the Inner Harbour entrance.After the initial loss of propulsion was resolved…
Provaris and Baker Hughes to Advance Compressed Hydrogen Solutions
Australia-based Provaris Energy has signed an agreement with global energy technology company Baker Hughes.The collaboration marks a significant step forward in the development and deployment of compressed hydrogen solutions for marine transportation and storage, leveraging Provaris’ proprietary H2Leo Barge and H2Neo Carrier alongside Baker Hughes’ compression expertise.The agreement replaces the memorandum…
Fairfield-Maxwell Returns to Japanese Shipping Industry
Fairfield-Maxwell Ltd. (FML) is returning to the shipping industry in Japan and opening a new office in Tokyo aimed at participating in ship construction, ownership, investment and leasing.The new company will focus on being the tonnage provider of choice and offering a diverse range of vessel types, including chemical tankers, medium range (MR) tankers, gas carriers and newbuilds.The new company – to be named Fairfield Maritime Japan Ltd.
U.S. Coast Guard Responds to Chinese Research Vessels in the Arctic
The U.S. Coast Guard responded to two Chinese research ships operating offshore Alaska between Sunday and Tuesday. In both instances, the Coast Guard Arctic District deployed USCGC Healy (WAGB-20) to monitor and query the vessels.An HC-130J Hercules fixed wing aircraft from Air Station Kodiak was also deployed Sunday to provide aerial support.On Tuesday, the Chinese-flagged research vessel JIDI was operating approximately 265 miles northwest of Utqiagvik…
IUMI Publishes Updated Best Practice for Carriage of Electric Vehicles
In 2023, the International Union of Marine Insurance (IUMI) published a set of best practice and recommendations for the safe carriage of electric vehicles, and it has now published an updated version titled “Risk mitigation for the safe ocean and short-sea carriage of electric vehicles”.IUMI Secretary General, Lars Lange, explains: “The volume of cars being shipped by maritime transport globally is around 20 million units per annum. EVs have been transported in ever larger numbers since 2017.
US to Revoke Approval for New England Wind Project
President Donald Trump's administration plans to revoke federal approval of Avangrid's planned New England Wind project off the coast of Massachusetts, according to a court filing on Wednesday.The legal maneuver is the latest move by U.S. authorities to stymie development of offshore wind energy, which Trump has called ugly, expensive, and unreliable. Last week, the administration also said it was reconsidering approval of SouthCoast Wind…
US Strike on Venezuelan Vessel Kills Eleven
Senior U.S. national security officials said on Wednesday that military operations against cartels would continue, setting the stage for a sustained military campaign in Latin America even as basic questions about a deadly strike against a vessel from Venezuela remained unanswered.The U.S. military killed 11 people on Tuesday in a strike on a vessel from Venezuela allegedly carrying illegal narcotics…
GTT Receives Order From Hanwha Ocean for LNG Carrier Tank Design
GTT announced that it has received, during the third quarter of 2025, a new order from the Korean shipyard Hanwha Ocean for the tank design of two new Liquefied Natural Gas Carriers (LNGCs) on behalf of the ship-owner Hanwha Shipping, an entity affiliated with Hanwha Group and based in the United States.GTT will design the cryogenic tanks of these two vessels, which will each offer a total capacity of 174…
Sea Machines Expands Product Line for Defense Customers
Sea Machines Robotics Inc. is launching six new products to better serve customers calling for highly-adaptive marine autonomy. Included is a modernization and expansion of the SM300 hardware lines, two high-level software APIs, a real-time cloud-based fleet data platform, and an all-new, high performance 8-meter unmanned surface vessel (USV), the STORMRUNNER.SM300-SP is a special purpose hardware version of Sea Machines’ autonomy systems…
“2 Days, 50 Ports”: New Wave Media Acquires Port of the Future Conference & Exhibition
New Wave Media, a leading B2B media company serving the global maritime, offshore energy, subsea and logistics sectors, acquired the Port of the Future Conference & Exhibition, a premier international symposium known for its focus on advancing port infrastructure, technology, and policy.Under the continued leadership of its founder, Kevin Clement, the event will retain its iconic tagline — “2 Days…
PMA, Classification Societies Hold Roundtable to Review Registry Regulations
The Panama Maritime Authority (PMA), through the Directorate General of Merchant Marine (DGMM), held a roundtable with the International Association of Recognized Organizations (IARO) to review, update, and align Panama’s Ship Registry regulations with the demands of the global market.The meeting brought together PMA officials and leading classification societies within the IARO, marking a decisive step toward modernizing Panama’s ship registration regime.
