UN Advised By Russia to Monitor Potential Ship Attacks in Caribbean, not Red Sea
The U.N. Security Council on Wednesday asked U.N. Secretary-General Antonio Guterres to continue providing monthly reports on any further attacks on vessels in the Red Sea by Yemen's Houthis, spurring Russia to taunt the United States."We believe that amid present-day realities, the Security Council would be well advised to monitor attacks on commercial transport in the Caribbean, not the Red Sea," Russia's Deputy U.N.
Commercial Ships Anchor Outside Iranian Ports as US Tensions Rise
Dozens of commercial ships have dropped anchor at a distance outside Iran's port limits in recent days, according to data and shipping sources, as tensions with the United States grow.Such movements were precautionary given the tensions amid ongoing protests in Iran, the shipping sources said. Port limits are significant because they run a higher risk of collateral damage in the event of air strikes on nearby infrastructure.The U.S.
Allianz Risk Barometer 2026: Cyber Remains Top Business Risk but AI Rising Quickly
Cyber incidents created many headlines in 2025 and are still the biggest worry for companies globally in 2026, according to global insurer Allianz Commercial's annual Allianz Risk Barometer. The past year has also been a significant one for accelerated adoption of artificial intelligence (AI), which is reflected in its ranking as the biggest riser in the annual survey at #2 as a complex source of operational, legal, and reputational risk for businesses.
IACS Updates UR M78 to Include Ammonia-Fueled Engines
The International Association of Classification Societies (IACS) has announced a landmark revision to its Unified Requirement UR M78, introducing comprehensive safety requirements for marine engines fueled by ammonia. This update marks a pivotal step toward achieving the maritime industry’s decarbonization goals and supporting the transition to zero-carbon fuels.The newly published Rev.4 of UR M78…
Global Underwater Hub Addresses Results of Offshore Wind Contracts for Difference Allocation Round 7
Responding to the UK Government’s announcement on the results of the Contracts for Difference Allocation Round 7, Neil Gordon, chief executive of Global Underwater Hub (GUH), said:“The award of a record 8.4GW of offshore wind capacity through AR7 is a positive step for the UK. It will play a critical role in delivering the country’s net-zero and clean energy ambitions, while also supporting supply chains…
Lawyer Claims Solong Captain Tried to Change Course Before Fatal Tanker Crash
The captain of a container ship that crashed into a U.S. tanker off Britain's east coast last year tried to change course to avoid the fatal collision, his lawyer told a London court trial over a crew member's death on Wednesday.Russian national Vladimir Motin, captain of the Solong that hit the anchored Stena Immaculate tanker in March 2025, tried to take his vessel off autopilot shortly before the crash but was unsuccessful…
Singapore Opens Applications for Additional LNG Bunkering Licenses
The Maritime and Port Authority of Singapore (MPA) has opened applications for additional licenses to supply liquefied natural gas (LNG) as a marine fuel in the Port of Singapore.The license application is open to both existing LNG licensees and new entrants. This call follows the recent updates to the Singapore LNG bunkering licensing framework and standards, which now include the provision of sea…
NAVTOR Offers Free NavFleet System to Support Norwegian Society for Sea Rescue
NAVTOR is helping Redningsselskapet (Norwegian Society for Sea Rescue) increase both efficiency and cost savings by making its fleet management solution, NavFleet, available free of charge, while also providing ongoing systems delivery and support. The partnership will help empower optimal operations for the society’s fleet of currently 59 vessels, with intelligent planning and monitoring, more efficient vessel utilization…
Höegh Autoliners Joins World Shipping Council
The World Shipping Council (WSC) announced that Höegh Autoliners has joined as a member, further strengthening the Council’s representation of the global liner shipping industry, including the vehicle carrier sector.“We are pleased to welcome Höegh Autoliners to the World Shipping Council,” said Joe Kramek, WSC President & CEO. “Vehicle carriers are a core part of liner shipping that move global trade.
Genco Rejects Diana Shipping Offer
Genco Shipping & Trading Limited has firmly pushed back on takeover interest from Diana Shipping Inc., with its board unanimously rejecting a non-binding $20.60-per-share cash proposal that it says "significantly undervalues" the company and carries unacceptable execution risk.In a statement released January 13, Genco Shipping & Trading Limited said its board, acting on the recommendation of an independent committee and advised by external financial and legal counsel…
Akastor’s DDW Offshore Sells AHTS Vessel for $23M
Norwegian offshore vessel owner DDW Offshore, a subsidiary of Akastor, has completed the sale of Skandi Atlantic anchor handling tug supply (AHTS) vessel.The purchase price for the vessel is $22.5 million, Akastor said, without disclosing further details about the buyer.Built in 2012 and featuring STX AH08 design, the Skandi Atlantic is a high powered AHTS vessel designed for operations across a wide…
EU Backs Øresund CCUS Cross-Border Scheme
The European Union has awarded funding to support the development of carbon capture, utilization and storage (CCUS) in the Øresund region, backing a cross-border project aimed at accelerating renewable energy use and enabling the production of sustainable fuels.The three-year project is supported by financing from the Interreg Øresund-Kattegat-Skagerrak program and will establish a Danish-Swedish collaboration…
Coach Solutions, ClassNK to Streamline Verification of Vessel Emissions Data
Coach Solutions, a Kongsberg Company, and classification society ClassNK have partnered to deliver an automated emissions data verification process for their mutual clients.The companies said the process creates a seamless experience for shipowners and Document of Compliance holders who need to extract, standardize, verify and share vessel data for transparent use by stakeholders.The integration with ClassNK is a strategic partnership that…
NYK Names Dual-Fuel LPG Carrier Newbuild
A newly built very large gas carrier (VLGC) was named Lucent Pathfinder at a ceremony held at Kawasaki Heavy Industries’ Sakaide Works, marking the seventh dual-fuel LPG carrier using LPG ordered by NYK.The vessel, which will be chartered by United Arab Emirates-based LPG trader BGN INT DMCC, is designed for the global transportation of liquefied petroleum gas and is capable of operating on both heavy fuel oil and LPG.The naming ceremony was attended by around 30 stakeholders.
China's Coal Imports Slump
"In 2025, seaborne coal shipments to China fell 10% as domestics supply increased and demand from steel manufacturing and electricity generation weakened. The decline affected shipments out of Indonesia, the US, Australia and Colombia in particular,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.China is the world’s largest importer of coal and the destination of 28% of seaborne coal shipments, which account for 4% of dry bulk tonne mile demand.
Tailwind Shipping Lines Uses CargoWise to Simplify Booking
WiseTech Global and Tailwind Shipping Lines, a subsidiary of Lidl, one of Europe’s largest retailers, have announced direct data integration to enable freight forwarders to plan, book, confirm and manage shipments in real-time from within the CargoWise logistics execution platform.Tailwind Shipping Lines operates three liner services which connect key regions across the world: the Panda Express Service (PAX) between China and the Mediterranean…
Gulf Island Shareholders Vote to Approve Acquisition by IES Holdings
Gulf Island Fabrication has announced that the acquisition of the company by IES Holdings was approved at its special meeting of shareholders held on January 13.The strategic rationale for IES is:Strategically located Gulf Coast fabrication campus: Gulf Island’s Houma, Louisiana facility, which consists of a 450,000-square foot fabrication and operations facility on 160 acres, offers a strategic complement…
US Files for Warrants to Seize Dozens More Tankers
The U.S. government has filed for court warrants to seize dozens more tankers linked to the Venezuelan oil trade, four sources familiar with the matter said, as Washington consolidates control of oil shipments in and out of the South American country.The U.S. military and Coast Guard have seized five vessels in recent weeks in international waters that were either carrying Venezuelan oil or have done so in the past.
Singapore Boasts Record 2025
Singapore posted record port performance in 2025, supported by resilient global trade and fuel offtake.The nation achieved a record of 3.22 billion gross tonnage (GT) of vessel arrivals and 44.66 million TEUs of container throughput in 2025 – a 3.5% and 8.6% increase from 2024, respectively.Marine fuel sales also hit a new high at 56.77 million tonnes, a 3.4% increase from 2024, with continued growth in the use of alternative marine fuels…
Blue Water Surpasses 1000 Hours of Ocean-Based Testing
This week, the Blue Water team reached a milestone in their journey: surpassing 1000 hours of ocean-based testing of their proprietary propulsion system designed for autonomous surface vessels. Achieving this milestone surpasses the Navy’s original 720-hour land-based test requirement while also including the addition of fuel polishing, electric power generation, and a full sensor suite.Meeting the Navy's VisionAs the Navy expands its fleet of uncrewed ships to execute transoceanic missions…
