NKT Completes Export Cable Repair at Beatrice Offshore Wind Farm
Danish power cable maker and services provider NKT has concluded a turnkey repair of one of the 220 kV high-voltage AC subsea export cables connecting the Beatrice offshore wind farm in the Scottish Moray Firth to the Aberdeenshire coast.The repair was executed in 38 days, according to NKT, which was hired for the repair job following an unplanned transmission outage that occurred in April 2025 on…
HD Korea Shipbuilding Books $507M Order for Two LNG Carriers
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured a contract to build two liquefied natural gas (LNG) carriers for a North American shipowner.The order is valued at 741.2 billion won (about $507 million), HD KSOE said.The vessels will be constructed by HD Hyundai Samho and are scheduled for delivery in 2028.According to the contract details, the shipbuilding period runs through November 30…
Navantia, Thales to Upgrade Royal Thai Navy Fleet
Navantia and Thales have signed a partnership agreement to support the modernization of the Royal Thai Navy (RTN), including the supply of three Identification Friend or Foe (IFF) systems for two Pattani-class offshore patrol vessels and the HTMS Chang landing platform dock.The upgrade work will be carried out by Navantia and marks the first cooperation between the Spanish shipbuilder and Thales in Thailand.
Recycling Market Increasingly Precarious
Ship recycling market economies face an increasingly precariously future, reports cash buyer GMS.“While the Baltic Exchange Dry Index reported gains once again this week on the back of virtually all inclusive sub-sectors reporting improvements of their own through the week, oil futures on the other hand seem to be taking a beating after levels clocked the week out at USD 59.50/barrel after Ukraine…
Waterborne Technology Platform Welcomes EU STIP
The Waterborne Technology Platform has welcomed the EU’s Sustainable Transport Investment Plan (STIP) which it says is key in facilitating the uptake of sustainable alternative fuels.The European Commission published the STIP on November 5, setting out a roadmap to accelerate the energy transition of aviation and waterborne transport sectors. The STIP identifies investment needs and outlines measures to make better use of existing EU financing programmes in support of the required investments.
EU Funds 70 Clean Energy Projects
The European Commission has selected 70 projects to help decarbonize transport and strengthen the competitiveness of EU industries by installing the infrastructure needed for recharging or refueling.The projects will receive over €600 million ($696 million) in funding from the Connecting Europe Facility to stimulate sustainable investments in urban areas, including ports and airports, as well as along…
Lucinda Smith Tug Returns to Service with Mitsubishi Repower After Fire Damage
After sustaining extensive damage in a December 2024 fire, the tug Lucinda Smith has returned to the water with a fresh start powered by Mitsubishi S12R-Y3MPTAW-3 Tier 3 engines rated at 1260HP @1600RPM each. The repower was completed by Windward Power with support from Laborde Products, giving the rebuilt vessel renewed strength and reliability.Built in 1975 for the U.S. Navy as YTB-140, the Lucinda Smith has sailed under multiple owners and through several repowers across the country.
Infrastructure Insights: Executive Action Needed to Amend Antiquated Executive Order
The U.S. Army Corps of Engineers Civil Works mission began in 1824 when our Nation’s fifth President, James Monroe, signed into law a bill to improve navigation on the Ohio and Mississippi Rivers. While Corps projects have always been large and complex, the Civil Works missions have evolved over time to incorporate new regulations, policies, shifts from political pressures, and unfortunately, cumbersome bureaucracy.
Tug Returns to Service Following Fire Damage
After sustaining extensive damage in a December 2024 fire, the tug Lucinda Smith has returned to the water with a fresh start powered by Mitsubishi S12R-Y3MPTAW-3 Tier 3 engines rated at 1260HP @1600RPM each. The repower was completed by Windward Power with support from Laborde Products, giving the rebuilt vessel renewed strength and reliability for her work on the East Coast.Built in 1975 for the U.S.
ICS Convenes Global Leaders to Address Geopolitical, Trade Challenges
In this moment of heightened trade tensions, the International Chamber of Shipping co-hosted a second Global Maritime Trade Summit in Hong Kong to explore geopolitics and trade realignment, building resilient supply chains, and financing a dynamic and robust maritime economy. The summit was co-hosted by the Transport and Logistics Bureau of the Government of Hong Kong, SAR and the Hong Kong Shipowners Association.The theme of this year’s summit was Building Resilience…
Russia Ships Less Wheat to Mexico in 2025 at 58,000 Tons
Russia, the world's largest wheat exporter, has shipped 58,000 metric tons of food-grade wheat to Mexico from its western port of Kaliningrad this year, the local agricultural safety watchdog said on Monday, a significant slowdown from 2023 and 2024.Russia is aiming to diversify its grain exports beyond its traditional Middle East markets, targeting new ones in Latin America, Asia and Africa through…
Crew of Seized Tanker Off Iran Are Identified as Safe
The crew of an oil products tanker are safe and the vessel is anchored off Iran's Bandar Abbas port, its manager said on Monday, after Tehran said it seized the ship in open Gulf waters last week.Iran confirmed on Saturday that its Revolutionary Guards (IRGC) had seized the Talara, a Marshall Islands-flagged tanker, over alleged cargo violations, Iranian state media reported.It was the first seizure of a tanker by Tehran since Israeli-U.S.
Chevron Eyes Lukoil Assets
Chevron is studying options to buy global assets of sanctioned Russian oil firm Lukoil, five sources familiar with the process told Reuters on Monday.The U.S. Treasury gave clearance last week to potential buyers to talk to Lukoil about foreign assets. Chevron would join Carlyle and other firms in the race for the Lukoil portfolio worth at least $20 billion.The United States last month imposed sanctions on Russia's two biggest oil companies…
ATDM Program Delivers Skilled Workers to the Maritime Industrial Base
The U.S. Navy needs to dramatically increase the fleet, especially submarines, but the available pool of skilled workers is not keeping pace.Submarine construction is ramping up. The Navy continues to build Virginia-class submarines, striving for two per year, and is gearing up build the new Columbia-class of nuclear-powered ballistic missile submarines. At the same time, the industry needs to support the ambitious Australia-U.S.-U.K.
Looking Beyond Maritime’s “Moment”
It’s been said that American maritime is “having a moment” in Washington, DC.From President Trump’s Executive Order on Restoring America’s Maritime Dominance, to introduction of the bipartisan, bicameral SHIPS for America Act in Congress, the U.S. maritime industry has been a subject of focused attention at the highest levels of government, and rightfully so. At their core, these initiatives are driven by recognition that a strong maritime industry is not only vital to the American economy…
American Cruise Lines Christens American Pioneer Vessel
American Cruise Lines has announced that the newest cruise ship in the country, American Pioneer, was christened in Key West, Florida on Monday, November 10. \American Pioneer is the 21st ship in the American Cruise Lines fleet. The inaugural cruise followed the company’s new 16-Day Grand Florida Coast & Keys itinerary, which explores both the Atlantic and Gulf coasts of Florida. American Pioneer was docked at Mallory Square for last week’s christening festivities.
Sanmar Delivers Ninth Tugboat to P&O Maritime Logistics
Sanmar Shipyards has delivered its ninth tugboat to global marine services provider P&O Maritime Logistics.P&O took deliver of its first Sanmar-built tugboat in 2013. Since then, Sanmar has delivered eight more tugs that have gone on to serve in ports around the world.The latest vessel has been named AL FATH by its new owners.Based on the RAmparts 2200 design developed by Canadian naval architects Robert Allan Ltd., the Sırapınar Class are compact sister vessels to Sanmar’s Boğacay Class tugs.
Petrobras Sandwich Hull Tank Design Receives ABS Approval
ABS issued an approval in principle (AIP) to Petrobras for its safety-enhancing “sandwich hull” design concept for floating production storage and offloading (FPSO) tanks.The design uses parts of longitudinal and transverse elements constructed with steel-concrete-steel sandwich structures that allow tanks to remain free of internal obstructions, promising to improve operational efficiency during tank…
DNV, WMMF Publish Guide to Support Shipowners' Path to Net-Zero
The maritime industry is experiencing a period of significant transformation, driven by evolving regulations, increasing commercial pressure, and a global shift towards reducing greenhouse gas (GHG) emissions. In response, DNV and the World Maritime Merchants Forum (WMMF) ESG team have published a new guide to help shipowners navigate these evolving challenges, an effort supported by industry organizations…
Multraship Expands Black Sea Presence with New MULTRATUG 30
Dutch towage and salvage company Multraship has welcomed its latest high-performance tug, MULTRATUG 30, built by Sanmar Shipyards.The 80-ton bollard pull vessel will operate with Bourgas Tug Service, Multraship’s Bulgarian subsidiary, boosting the company’s capacity for harbor and offshore towage in the region, while also strengthening its capabilities in salvage and emergency response.The new tug was christened on Friday…
