Two Vessels Under Panama, Barbados Flags Damaged in Attack in Ukrainian Waters
Two vessels under Panamanian and Barbadian flags were damaged after being attacked while moving through Ukraine's Black Sea navigation corridor, the Ukrainian Ports Authority said on Wednesday.The authority, writing on Telegram, said one vessel was headed for the port of Odesa, critical to Ukrainian exports, with a cargo of metal, while the second was carrying grain and had left the port.Both were…
Moving Freight on Inland Waterways takes Public, Private Sector Collaboration
As weather extremes, aging infrastructure and growing freight demands place increasing pressure on the U.S. inland waterway system, industry and government leaders say one factor is indispensable to maintaining reliable navigation: collaboration.That was the central message from a panel discussion during FreightWeekSTL 2026, where representatives from American Commercial Barge Line (ACBL) and the U.S.
Tech Talk: Walk Inside a Yacht Rebuild
Twenty-five years after she was launched by Feadship as Northern Light, the 46.90-m has emerged from one of the most comprehensive rebuild programs undertaken by Feadship Refit & Services in recent years.Arriving at Kaag in May 2025, the yacht was originally scheduled for a substantial refit focused on a redesigned stern arrangement, a complete repaint and a series of technical upgrades. As work progressed…
Ammonia-Fueled Vessel Delivered to EXMAR
ANTWERPEN was delivered to EXMAR, the Belgian gas shipowner and infrastructure developer, a ship powered by WinGD’s X52DF-A ammonia-fueled engine, reported to be the world’s first ocean-going ship designed to operate on ammonia fuel.The achievement is the result of a collaboration between WinGD, EXMAR, engine builder HD Hyundai Engine Machinery Division (HHI EMD) and shipyard HD Hyundai Heavy Industries Co., Ltd.
COC Boosts Offshore Capabilities with Newbuild AHTS Vessel
Caspian Offshore Construction (COC) has acquired an anchor handling tug supply (AHTS) vessel from Sinopacific Engineering & Contracting (SPEC), marking the first vessel in the SPA90 series to join the Kazakh offshore marine service provider's fleet.The shipbuilding contract was signed on April 30, 2026, at Siying Shipyard, where the vessel is under construction. A launching ceremony for the vessel was held on May 20.Named Caspian Yili…
Shipbuilding: Resourceful Dutch Play to Strengths
Adept design and production strategies underpin global competitiveness in target sectors.Dutch shipbuilding continues to demonstrate resilience and business verve in its target commercial sectors, mainly in the smaller vessel size range. It offers quality and craftmanship at an evidently acceptable price, using technology in the most pragmatic, effective way.The fact that the Netherlands retains a…
LR Certifies R/V Prince Madog Hydrogen Fuel Cell Retrofit
The UK-flagged research vessel Prince Madog has received certification for a hydrogen fuel cell retrofit, following approval by Lloyd’s Register (LR) under its ShipRight Risk Based Certification (RBC) framework. The certification was presented at Seaworks 2026 in Southampton.The project, delivered by vessel owner O.S. Energy’s Naval Architecture and R&D office in collaboration with hydrogen and clean energy systems specialist Ecomar Propulsion…
Damen to Deliver Multi Cat 2309 to Carmet Tug Company
On June 9, at the Seawork exhibition in Southampton, Damen Shipyards Group signed a contract with Carmet Tug Company for a Multi Cat (MuÇ) 2309. Merseyside UK-based towage and workboat company Carmet Tug Company operates a number of second-hand Damen vessels in its fleet, including a Shoalbuster (SBu) and Stan Tug (STu). In mid-May, Carmet's representatives visited Damen Shipyards Hardinxeld in the Netherlands to inspect and sail aboard the vessel.
HD KSOE, HD HHI, ABS Advance Battery Integration for Ultra-Large Container Ship
The American Bureau of Shipping (ABS), HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) have completed a joint development project for a high-efficiency 16,000-TEU ultra-large container ship equipped with a battery hybrid system.ABS awarded approval in principle (AiP) to HD KSOE and HD HHI for the vessel's electrical analysis and electrical design following…
Exmar Takes Delivery of 'World's First' Oceangoing Ammonia Dual-Fuel Vessel
Exmar has taken delivery of MGC ANTWERPEN, deemed by the Belgian shipping company as the world's first oceangoing vessel powered by a dual-fuel ammonia engine.The newbuild mid-size gas carrier is capable of carrying up to 46,000 cubic meters of ammonia or liquefied petroleum gas and can operate with close to zero emissions when fueled by low-carbon ammonia.Exmar said the vessel was developed in collaboration with HD Hyundai Heavy Industries…
REGENT’s Seaglider Set for Japan Take Off with New Certification Process
Mitsui O.S.K. Lines (MOL) and Japan Airlines (JAL) have entered into an agreement with Lloyd's Register and U.S.-based REGENT Craft to jointly develop certification and operational approval processes for REGENT's fully electric Seaglider vessel, as the companies work toward commercial deployment in Japan.The initiative marks the first collaboration in Japan involving a classification society aimed…
Samsung Heavy Enlists GTT for LNG Carrier Pair Tank Designs
GTT has secured an order from Samsung Heavy Industries shipyard for the tank design of two new liquefied natural gas (LNG) carriers, on behalf of a Greek ship-owner.GTT will design the cryogenic tanks of the vessels, each offering a total capacity of 174,000 m3.The tanks will be fitted with the Mark III Flex membrane containment system, a technology developed by GTT.Delivery of the vessels is scheduled between the first and second quarters of 2029.
China Oil Imports Collapse; Down 29%
China's trade in major commodities in May underscored that price moves are the primary driver of changes in flows in the world's biggest buyer of natural resources.The headline-grabbing number from customs data was the collapse in crude oil imports to an eight-year low of just 7.79 million barrels per day (bpd). The fallout from the war in Iran was blamed for the 29% slump in crude imports. In the months prior to the start of the conflict on February 28…
COSCO Installs 2GW Converter Platform for China’s Offshore Wind Farm
COSCO Shipping Specialized Carriers has completed the transport and float-over installation of an offshore converter platform for the Qingzhou V & VII offshore wind project, a key milestone in what the company described as the world's first 2 GW offshore high voltage direct current (HVDC) transmission system.The converter platform, weighing about 25,000 tonnes, is among the largest offshore structures…
Two Crew Missing After Tanker Engine Room Fire off Oman
The U.S. military carried out a "precision" strike on a vessel in the Gulf of Oman that failed to follow its instructions and was carrying oil from Iran, it said, while India said three Indian seafarers were missing after the attack on the tanker.The U.S. began a blockade of Iran-related shipping on April 13 after Iran severely curtailed shipping through the Strait of Hormuz, a major global oil and gas route.The U.S. military's Central Command (Centcom) said a U.S.
Western Africa Import of Clean Petroleum Crashes 44% YOY
"During April to May, Western Africa’s clean petroleum product (CPP) imports fell 44% year on year, from 1,144 thousand barrels per day (kbpd) to 642 kbpd,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The drop in import volumes cut tonne miles by 47% year on year, lowering the region’s share of global CPP tonne miles from 5.3% to 3.6%. LR1 and LR2 product tankers recorded the largest declines…
Oil Holds Steady as Markets Assess Renewed US-Iran Hostilities
Oil prices were steady on Wednesday, as renewed U.S.-Iran hostilities muddied direction, though a forecast U.S. stock draw offered support.Brent futures LCOc1 were up 25 cents, or 0.27%, to $91.70 a barrel at 0736 GMT, while U.S. West Texas Intermediate crude CLc1 was up 23 cents, or 0.26%, to $88.43 a barrel.Prices traded higher earlier on renewed strikes between the U.S. and Iran, before retreating towards the previous session's close.Global stock draws are underpinning prices…
Dominguez Warns: No Safe Hormuz Passage
Secretary-General of the IMO, Arsenio Dominguez, has issued a warning to the shipping industry:"I am increasingly concerned by reports that vessels continue to attempt to transit the Strait of Hormuz without any credible security guarantees, despite well‑established risks and the fact that seafarers have already been killed, injured and others detained in recent incidents.“My primary concern is for the safety and lives of the seafarers being placed in these situations.
Oil Cargo to Philippines Identified as Iranian Came from Russia
An oil cargo delivered to the Philippines that Kpler had said last month originated from Iran was actually from Russia, the shiptracking firm said this week.Kpler data that had showed the Suezmax tanker Ocean Start delivered Iranian oil crude to Petron's Bataan refinery on May 17 was revised to show the tanker delivered Urals crude from Russia, Kpler told Reuters on Monday.The revision was due to a review of further information on the voyage…
CMA CGM Chief: “Unwise” to Assume Hormuz Will Return to Pre-War Situation
It would be "unwise" to assume that the situation in the Strait of Hormuz will return to how it was before the Iran war, the head of French shipping group CMA CGM said on Tuesday.CMA CGM, the world's third-largest container line, is among firms with vessels stranded inside the Gulf since the start of the conflict that has virtually closed the waterway, which carries a fifth of global oil and LNG supply."Even if a solution for peace is implemented in the coming weeks…
