Thermal Dynamics Launches New Cutmaster 90X and 110X
Thermal Dynamics, an ESAB brand, unveiled its next generation of manual plasma cutters, Cutmaster 90X and Cutmaster 110X, in booth #S29025 at FABTECH 2026 in Las Vegas. The Cutmaster X series features a consumables design and patented arc starting mechanism that has no moving parts. After establishing airflow, it starts the arc in a few thousandths of a second, improving cutting performance.The Cutmaster X series also features the patented 1Torch X…
China Militia Boats Expand 'Battlefield Prep', says Taiwan
China is combining militia vessels with coast guard ships to expand "battlefield preparation" around Taiwan and into the western Pacific, Taiwan's Coast Guard said, warning the operations were also putting pressure on Japan and the Philippines.Responding to a Reuters exclusive this month on the first known sighting of a Chinese militia boat off Taiwan's Pacific coast in mid-August, the coast guard said it had dispatched a patrol boat to drive away the vessel…
Brent Crude Prices Reach Five-Month High Amidst Continued Houthi Attacks, UAE Oil Spill
Oil prices rose on Friday, with Brent crude touching its highest since early May, after Houthi attacks in Saudi Arabia stoked concern over further disruption to energy supplies from the Middle East where UAE authorities also reported an oil spill.Brent crude futures gained $1.71, or 1.5%, to $114.99 a barrel by 1300 GMT, having earlier reached $115.16, the highest level since May 4. US West Texas Intermediate crude gained $1.80…
Strait of Hormuz Ship Attacks Reach New High in October
October has been the worst month for attacks on commercial shipping in the Strait of Hormuz and nearby waterways, according to data compiled by a Washington-based think tank that has tracked maritime security incidents worldwide since 2017."October has seen the highest number of ship attacks on record," said Noam Raydan, a senior fellow at the Washington Institute for Near East Policy.Raydan, who maintains the institute's interactive shipping incident map…
DOF Group Sells Skandi Implementer Construction Vessel
DOF Group ASA has agreed to sell the 2018-built subsea construction vessel Skandi Implementer to an undisclosed buyer.The vessel is planned to be delivered to its new owner in Q2 2027. The sale will contribute to a material reduction in the Group’s net debt.“While we have not actively pursued a sale of this high-end subsea vessel, the terms are accretive for the DOF Group and its shareholders, making this the right decision," said Mons S. Aase, CEO DOF Group ASA/
U.S. Navy Secretary Visits Fincantieri Wisconsin Shipyards
Fincantieri hosted Acting U.S. Navy Secretary Hung Cao and senior federal officials at its Marinette and Sturgeon Bay shipyards in Wisconsin, highlighting investments in advanced manufacturing, automation and expanded shipbuilding capacity as the company prepares for construction of the U.S. Navy's Landing Ship Medium (LSM) vessels.The delegation included Office of Management and Budget Director Russell Vought…
18th Tug Delivered by Sanmar Shipyards to SAAM Towage
Sanmar Shipyards has delivered SAAM XIMBAL, a new BOGAÇAY Class tug, to SAAM Towage, marking the 18th SANMAR-built tug delivered to the towage operator since 2018.Known as BOGAÇAY XCVI during construction in Türkiye, SAAM XIMBAL will operate from the Port of Lázaro Cárdenas on Mexico's Pacific coast, supporting demanding ship-handling operations at one of the country's major commercial ports.SAAM XIMBAL is based on the RAmparts 2400SX-MK|I design…
Mammoet, Port of Argentia Plan Floating Dry Dock, Marine Repair Facility
Mammoet Canada Eastern Ltd., Port of Argentia Inc. and Argentia Capital Inc. (ACI) have signed a Memorandum of Understanding (MOU) to advance plans for a floating dry dock and marine repair facility at the Port of Argentia in Newfoundland and Labrador, Canada.The proposed development would combine Mammoet's heavy lifting, transport and marine engineering capabilities with the port's existing infrastructure…
NOIA Launches Ocean Minerals Initiative
The National Ocean Industries Association (NOIA) has launched Ocean Minerals Forward, a new industry education and communications initiative examining the potential of deep-sea mineral resources to strengthen U.S. critical mineral supply chains, support domestic manufacturing and reduce reliance on foreign suppliers.The initiative includes a dedicated website, a comprehensive report and educational resources covering seabed mineral development…
Romania Blames Russia for Ship Strike, Sinking
Romanian President Nicusor Dan accused Russia of escalating its attacks on NATO's eastern flank on Friday, after a drone strike sank a cargo ship off the Romanian Black Sea coast, killing at least one sailor with three still missing.Video released by Romanian authorities showed only a small part of the hull of the capsized tanker still visible above the waves as it sank. Emergency vessels were searching…
Port Innovation Congress Draws Record Attendees to Valencia
The fourth edition of the Port Entrepreneurship International Congress (PEIC) concluded in Valencia, Spain, attracting more than 650 participants from the international maritime, port and logistics sectors, marking record attendance for the event.Organized by Opentop, Valenciaport's open innovation hub, the October 20–21 congress brought together startups, technology developers, port authorities, logistics…
HD Hyundai, Kiewit Team Up to Build New US Shipyard
HD Hyundai and Kiewit Maritime Co. have announced plans to establish a joint venture to develop a new shipyard in the United States, targeting the start of construction in 2027 and full-scale operations in 2029.The proposed venture, HD Kiewit Shipbuilding LLC, would combine HD Hyundai's shipbuilding technology and shipyard operating expertise with Kiewit's engineering, construction and fabrication capabilities…
Saipem and MDC Join Forces to Expand Offshore Drilling Activities
Saipem and Egypt's Modern Drilling Company (MDC) have signed a memorandum of understanding (MoU) to explore offshore drilling opportunities in Egypt, with the potential to extend their cooperation to other countries.The non-exclusive agreement covers the identification and development of new offshore drilling business opportunities, with the companies considering different forms of cooperation depending on individual projects.Potential arrangements include joint ventures…
Tanker Oil Spill Forces Closure of Beaches in UAE
The United Arab Emirates said efforts were under way on Friday to contain oil leaking from a tanker vessel offshore that prompted authorities to close beaches and warn fishermen to avoid the area.Since the start of the US-Israeli war with Iran, attacks on commercial vessels in Gulf shipping lanes have driven up security risks for maritime traffic and heightened fears over the conflict's environmental…
