Carbon Ridge Deploys Shipping’s First Centrifugal Carbon Capture Aboard Tanker
Carbon Ridge, a developer of onboard carbon capture and storage solutions for the maritime industry, has achieved a shipping industry first with the successful deployment of a centrifugal onboard carbon capture system (OCCS) aboard an LR2 product tanker owned by Scorpio Tankers Inc.Conducted in partnership with Scorpio Tankers Inc., a leader in the seaborne transportation of refined petroleum products…
Kongsberg Maritime, Noble Corp to Jointly Advance Offshore Drilling Tech
Kongsberg Maritime has signed a development program framework agreement with Noble Corporation, marking a key step forward in the co-development of advanced marine technologies for the offshore drilling sector.The long-term strategic partnership will focus on the joint development, piloting, and commercialization of innovative solutions aimed at enhancing operational efficiency, risk assessment, and…
Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan
The 50-50 consortium between Allseas and Boskalis has been awarded a large contract by CPC Corporation Taiwan for the second offshore gas pipeline from Yongan to Tongxiao (YT2) in Taiwan.Under the contract, the consortium will design, construct, install and pre-commission the new YT2 36-inch offshore natural gas pipeline, which will run approximately 232 kilometers parallel to the existing YT1 pipeline…
Shipping's Tschudi Group Makes Anti-Spoofing Investment
Global maritime shipping faces a surge in GPS and GNSS disruptions — with some regions reporting a 350% increase in affected vessels over the past six months — raising concerns over safety, trade reliability, and security.In response, Tschudi Shipping Company has partnered with U.S.-based Assured Positioning, Navigation, and Timing (APNT) specialist NAL Research and Norwegian maritime technology provider…
Ferry Owners Face 'Double Taxation' from EU, Interferry Warns
Interferry called on the European Commission to immediately harmonize its unilateral EU ETS / FuelEU Maritime regulations with the recently agreed IMO Net-Zero Framework, warning that failure to align Greenhouse Gas regulations will lead to double payment for emissions."We cannot have a situation where operators are paying twice for the same emissions. The European Commission pledged to align its rules once a strong global framework was established at the IMO…
Noatum Maritime Expands, Opens Shanghai Office
Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, opened its first office in Shanghai dedicated to its agency and maritime services arm – Noatum Maritime Services. The new office contributes to the Group’s international expansion strategy and capitalises on Shanghai’s prominence as a major trade and logistics hub.Noatum Maritime Services provides comprehensive solutions to charterers…
Incat Crowther-Design Motor Yacht Elysian Splashes
Construction on a new 24-m catamaran is complete with Elysian set to enter service for its private owners. The project has seen Incat Crowther collaborate with the owner throughout all aspects of the project including design, the shipyard tendering process, and by providing technical support during construction. The new vessel was constructed by Mason Marine Industries in Bundaberg, Queensland, Australia.The motor yacht…
Is EU Spending $250B-per-year Spending on US Energy Realistic?
Analysts question feasibility as framework trade deal outpaces current U.S. export capacityThe European Union’s commitment to purchase $250 billion in U.S. energy supplies annually under a new trade framework with Washington faces significant market challenges, according to analysts and industry observers.The agreement, announced Sunday, includes 15% U.S. tariffs on most EU goods and a pledge by the EU to dramatically scale up imports of U.S.
Shipbuilding Central to South Korea Push for US Trade Deal
South Korean Finance Minister Koo Yun-cheol said on Tuesday he would seek a mutually beneficial trade deal when he meets U.S. Treasury Secretary Scott Bessent for talks this week, just days before an August 1 deadline expires to avoid punishing tariffs.Speaking at the airport before departing for Washington, Koo said he would propose at Thursday's meeting a "program" South Korea had prepared and consult on areas where they could cooperate in the mid-to-long term…
U-Ming Completes First B24 Biofuel Bunkering
Taiwan’s U-Ming Marine Transport Corporation has announced that its 64,000dwt bulk carrier, Asian Progress, has successfully completed its first bunkering operation of B24 biofuel (FAME B24) at the Port of Singapore.The vessel is U-Ming’s first vessel to adopt biofuel, with the company aiming to be net-zero emissions by 2050.The bunkering operation was supplied by TFG Marine, with a total volume of 300 metric tons.
Two Girls Dead After Sailboat Collides with Barge
A sailboat collided with a barge near Hibiscus Island, Miami, on Monday leaving two dead.Miami Beach Fire Rescue crews were first on scene, and they were later joined by Miami-Dade Fire rescue, City of Miami Fire Rescue, Florida Fish and Wildlife Conservation Commission (FWC) and Coast Guard Station Miami Beach.Six people were recovered from the water but two girls, aged 7 and 13, were declared dead upon arrival to Jackson Memorial Hospital.Two other girls…
Iraq Identifies Tankers Spoofing to Conceal Their Location
Iraq’s state oil marketer SOMO has identified several tankers suspected of loading petroleum products illegally from the ports of Umm Qasr and Khor al-Zubair, according to an official letter dated Sunday and seen by Reuters.The tankers allegedly used advanced techniques such as Automatic Identification System spoofing to conceal their locations or alter their routes. SOMO said the vessels were not listed in its official loading schedules…
Houthis Hold 10 Crew From Attacked Eternity C Vessel
Yemen's Iran-aligned Houthis said on Monday they had rescued 10 seafarers from the Greek-operated cargo ship Eternity C which they attacked and sank in the Red Sea earlier this month.The Liberia-flagged Eternity C was the second ship to sink off Yemen this month after repeated attacks by Houthi militants with sea drones and rocket-propelled grenades. Another Greek-operated vessel, the Magic Seas, had…
Ancona Shipyard Hosts Dialogue on Industry Innovation and Industrialization
The Ancona shipyard hosted the latest stage of the "Open Shipyards, a View of the Future" roadshow on July 28, 2025, an initiative promoted by Fincantieri that opens the doors of the Group's Italian facilities to institutions and stakeholders. The event focused on dialogue on industrial innovation, organizational transformation, and sustainability challenges, with particular attention to the strategic…
NTSB Names Eric Stolzenberg Director of Office of Marine Safety
Longtime mariner and investigator Eric Stolzenberg has been named director of the National Transportation Safety Board’s Office of Marine Safety.The office investigates major marine accidents within the United States and its territories, as well as accidents involving U.S.-flagged vessels worldwide.Stolzenberg began his career at the NTSB in 2008 as an engineering investigator. He served as investigator…
ESAB Announces 2025 American Welding Society Scholarship Winners
ESAB announced the 12 recipients of the 2025 $5,000 scholarships, awarded through a collaboration with the American Welding Society (AWS) Foundation. The scholarships, made possible by ESAB’s Future Fabricators program, support students across North America pursuing welding certifications and degrees.ESAB developed its Future Fabricators Program to support aspiring welders and fabricators. One of the many ways it moves the industry forward is through funding AWS Foundation scholarships…
Econowind Receives Repeat Order From Terntank for Hybrid Tankers
Econowind has received a repeat order from Terntank for the installation of eight VentoFoil units on two additional methanol-ready hybrid tankers. Following the initial order in May 2023 for three newbuilds, this brings the total to five vessels and 20 VentoFoils, with each ship fitted with four 16-meter wind wings.The first vessel, Tern Vik, was delivered in April 2025 by China Merchants Jinling Shipyard (Yangzhou).
Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO
Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC), the operator of Blocks B 48/95 and 52/97, on behalf of state-run Petrovietnam. The project marks a key milestone…
Lloyd’s Register Approves KSOE’s Next-Gen Newcastlemax Bulk Carrier
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) for its next-generation 210,000 DWT Newcastlemax bulk carrier design.The innovative design features flexibility for multiple fuel types, including conventional fuels, LNG, ammonia, and methanol, enabling shipowners to adapt to current and emerging environmental regulations and future…
Project MASGA: South Korea Proposes Shipbuilding Project in US Trade Talks
South Korea has proposed a multi-billion dollar shipbuilding project to the U.S. during trade talks, the Yonhap News Agency reported on Monday, citing unnamed sources.The suggested project consists of a package that encompasses large-scale investments in the U.S. by private South Korean shipbuilders and financial support such as loans and guarantees to support them, Yonhap reported.The project has been labelled "Make American Shipbuilding Great Again," or MASGA, Yonhap reported.(Reuters)
