Dutch Maritime Awards Present Winners for Innovative Solutions
On November 3, the Dutch national awards for maritime innovations were presented. The winners were honored for their innovative contributions to the sector.Out of 15 nominees, a professional jury selected five winners over the past few weeks, who received their awards in front of hundreds of people, including political and media representatives.Maritime Ship of the Year Award: Royal van Lent/Feadship…
Dave Otto Joins Accelleron as Territory Sales Manager
Accelleron North America has welcomed Dave Otto as Territory Sales Manager. Dave will lead service sales activities across the eastern United States and the Caribbean, in the power production, cruise, shipping, and gas compression markets, to strengthen customer relationships and support their operational needs.Dave brings more than 30 years of industrial sales experience to Accelleron. For the past 10 years…
Matson Paid $6.4 million in Port Fees to China
U.S. ocean shipping company Matson MATX.N has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday.President Donald Trump and President Xi Jinping last week agreed to put those tit-for-tat levies on pause for 12 months, starting on November 10. Media outlets in China had reported that Hawaii-based Matson, one of a handful of global shipping firms with U.S.-built and -flagged vessels…
The Great Lakes Group Announces Promotions
The Great Lakes Towing Company and Great Lakes Shipyard have promoted Gregg Thauvette and Thomas Rigolo, two long-time leaders whose commitment and expertise have been key to the companies’ continued success.Gregg Thauvette has been promoted to Executive Vice President to President of The Great Lakes Towing Company, where he will continue to oversee all harbor towing and fleet operations across more than 40 U.S.
James Fisher Opens Uruguay Base
James Fisher and Sons has established a new operational base in Uruguay. A key growth region for the business, the new base expands James Fisher’s ship-to-ship (STS) services in South America to provide a strategic hub for clients requiring rapid mobilization and support across South America’s energy trade routes.The base was inaugurated with a successful offshore operation, safely transferring one million barrels of crude oil between two tankers.
Pole Star Global Introduces Intelligence Ecosystem with Generative AI
Maritime intelligence company Pole Star Global has launched three new products — Meridia, Meridia IQ, and Insights Data Products — forming a unified ecosystem that integrates maritime analytics, generative AI, and data delivery.Together, these solutions empower shipping companies, governments, and financial institutions to act on trusted intelligence in real time — improving safety, compliance, and operational performance across global maritime domains…
ILO Adopts Migrant Fisher Labor Guidelines
The International Labour Organization (ILO) has adopted Guidelines for Fair Labour Market Services for Migrant Fishers at a meeting convened in Geneva from October 27 to 31.Guidance on recruitment processes, work agreements, complaint procedures, and enforcement measures is included to safeguard the rights of migrant fishers globally while also supporting employers in recruiting and retaining a skilled…
OMV CEO Warns EU Risks Losing Qatari Gas over Sustainability Law
The CEO of Austrian energy firm OMV on Tuesday urged the European Union to reconsider its sustainability legislation or risk losing Qatar as a gas supplier which would undermine prosperity in the region.Qatar's Energy Minister Saad al-Kaabi, who is also CEO of QatarEnergy said on Monday that he could halt business with the EU if it does not significantly ease its Corporate Sustainability Due Diligence Directive.Kaabi told Reuters at the ADIPEC energy conference in Abu Dhabi that Qatar has contin
Suez Canal Revenues Rise as Red Sea Tensions Ease
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in traffic through the vital waterway.Yemen's Iran-aligned Houthis launched more than 100 attacks on ships in the Red Sea, the Gulf of Aden and the Bab al-Mandab Strait that links them in 2023 and 2024 in what they described as solidarity with the Palestinians over Israel's war in Gaza…
$400m Natural Gas Pipeline Between Israel and Cyprus Awaits Government Approval
A $400 million pipeline to transport natural gas from Israel to Cyprus is awaiting government approval from both countries and Israel has expressed support, the head of Eastern Mediterranean focused gas producer Energean told Reuters on Tuesday.Energean on Monday signed a letter of intent with leading Cypriot industrial and energy group Cyfield for the potential supply of natural gas from Israel to Cyfield's planned power plant via the new pipeline…
Norwegian Cruise Forecasts Q4 Profit Below Expectations
Norwegian Cruise Line Holdings NCLH.N forecast fourth-quarter profit below expectations on cost pressures and subdued appetite for sea-based vacations as travelers curb spending, sending its shares down about 15% on Tuesday.Persistent inflation, tariff-driven uncertainty, and the fallout of the prolonged U.S. government shutdown on port activity have clouded demand heading into the crucial holiday season.Volatile fuel prices due to geopolitical tensions…
Lukoil Struggles to Maintain Overseas Operations Amidst Sanctions
Russian oil major Lukoil is struggling to keep operations running at its sprawling foreign businesses as Western sanctions disrupt oil loadings in Iraq, pump stations in Finland and trading in Switzerland, sources said.The United States and the United Kingdom last month imposed sanctions on Russia's second-largest oil company, complicating how it carries out its normal operations.The U.S. Treasury Department issued a licence giving companies until November 21.
Production Begins on Irving OmniLift Shiplift
Bardex, in partnership with Irving Shipbuilding, Inc., announced that production has commenced on the mechanical equipment for the Irving OmniLift Shiplift. This specialized set of equipment, designed and engineered to meet exacting standards, will play a central role in supporting Irving’s River-class destroyer shipbuilding program, a part of the National Shipbuilding Strategy and the most complex…
HII Welcomes UK’s Westley Group as Strategic Supplier
At the Indo Pacific International Maritime Exposition in Sydney, HII announced the addition of Westley Group, a leading United Kingdom-based manufacturer of high-integrity metal castings, as a strategic supplier supporting the U.S. Navy’s submarine industrial base.This milestone marks another step forward in advancing allied defense collaboration under the AUKUS trilateral partnership between Australia…
DFDS to Sell Freight Ferry for Fleet Optimization
DFDS has entered an agreement to sell the freight ferry (RoRo) Cappadocia Seaways as a part of DFDS’ ongoing fleet optimization.After more than 23 years of service, DFDS is selling the freight ferry Cappadocia Seaways, following an evaluation of DFDS’s current and future capacity needs across its network.The ferry has been a part of DFDS’ fleet operating in the Mediterranean network. In its place, DFDS will deploy Selandia Seaways which is a 197m long freight ferry with a capacity up to 2…
ABS, Persona AI Partner to Bring Humanoid Robotics to Shipyards
A collaboration to develop inspection technologies for Persona AI’s humanoid robot platform that enhances productivity and safety in shipyards was formalized with the signing of an MOU between ABS and Persona AI.The initiative will focus on adapting Persona AI’s humanoid robots, based in part on NASA’s robotic hand technology, for a range of shipyard tasks. Unlike traditional industrial robots, humanoid robots are uniquely suited to operate in shipyards designed for human workers…
AST Networks Unveils MODULA Connectivity Solution
AST Networks, satellite and remote connectivity specialists, have announced the launch of MODULA, a flexible and fully scalable modular approach to hybrid connectivity, designed to give maritime, offshore, and remote land-based customers the ability to tailor their connectivity to current requirements. MODULA is built on a modular architecture which mixes and matches the best of LEO, GEO, and Cellular communication networks into a single, fully managed service.
Stena Bulk Vessels Deploy Inmarsat NexusWave on Northern Marine Management Vessels
Inmarsat Maritime, a Viasat company, is installing NexusWave on board selected Northern Marine Management Ltd (NMM) vessels operated by Stena Bulk and Proman Stena Bulk. This is part of their ongoing strategy to continually improve crew welfare through enhanced communications.Building on existing onboard connectivity provisions, NMM recognizes the growing importance of high-speed internet access in attracting and retaining talent and supporting operational performance.
CMA CGM to Register 10 Vessels Under French Flag Following Scrutiny at Home
CMA CGM will register 10 container vessels to be delivered in the next three years under the French flag, adding more seafarers from its home country after facing calls to contribute more to France's debt-stricken economy.CMA CGM, the world's third-largest container shipping line, will recruit 135 French seafarers at an additional cost of 15 million to 17 million euros ($17.49 million-$19.83 million) per year compared with foreign flag registrations…
Ocean Network Express Releases Financial Results for Q2 FY2025
Ocean Network Express (ONE) has released its financial results for FY2025 2nd quarter (July 2025 to September 2025).The revenue for FY2025 2nd quarter was $4.455 billion, with net profit of $285 million."Our FY2025 2Q results underscore ONE’s resilience and stability in a challenging market. Despite the market fluctuations driven by geopolitical uncertainties, we delivered positive results and secured profitability for the first half of the fiscal year…
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