Navigating challenges in decarbonisation?
Join leading experts at Get Set for Workboat 2050, as the industry navigates geopolitical challenges, confronts future skills gaps and embraces OPEX efficiencies.Our panel of industry specialists will be discussing the topic of decarbonisation in the next session of Get Set for Workboat 2050, taking place at the Wereldmuseum in Rotterdam on the 27 MarchGain insights and updates from leaders in sustainability…
Keel Laying Held for Fifth National Security Multi-Mission Vessel
TOTE Services, LLC and Hanwha Philly Shipyard, Inc. marked a milestone in U.S. shipbuilding with the keel laying of the fifth and final vessel in the National Security Multi-Mission Vessel (NSMV) program. Commissioned by the U.S. Department of Transportation’s Maritime Administration (MARAD), the NSMV program is designed to provide top-tier training for future mariners while supporting humanitarian assistance and disaster relief efforts.
Castrol BioStat ST, a New Stern Tube Lubricant
Castrol launched a new stern tube oil range, Castrol BioStat ST, for use in stern tubes, CPP systems and stabilizers. It is based on selected synthetic esters and an optimized performance additive system. The lubricant has been specifically designed to provide a good level of lubrication and corrosion protection, good oxidation performance and hydrolytic stability.Castrol BioStat ST is an Environmentally…
UK Invests $71M in Scottish Port Expansion for Floating Wind
Britain will invest 55.7 million pounds ($71.45 million) in the Port of Cromarty Firth in Scotland to expand the facility to become a hub for floating offshore wind, the government said on Wednesday.Britain has a target to largely decarbonize its electricity sector by 2030 which will require a huge ramp up in renewable power like offshore wind.Using floating turbines, that are not fixed to the seabed like traditional wind farms, allows the projects to be much deeper out at sea, making them less
Jan De Nul and DEME Ink Award Letter
A joint venture between Jan De Nul and DEME has signed a letter of award with Indian engineering and construction company ITD Cementation for dredging and reclamation works in Vadhavan Port during a Belgian economic mission to India.The project includes nearshore reclamation and shore protection for the greenfield port, which is located on India’s west coast in Maharashtra. Spanning approximately 200 hectares…
DOE OKs LNG Export Permit Extension for Golden Pass
The Department of Energy approved an LNG export permit extension for Golden Pass LNG Terminal LLC, marking yet another step toward meeting President Trump’s and Secretary Wright’s commitment to unleash American energy dominance and restore regular order to liquefied natural gas (LNG) export reviews. The approval will grant additional time to begin LNG exports from the Golden Pass LNG Terminal, currently under construction in Sabine Pass, Texas. “Exporting U.S.
AsstrA-Associated Traffic AG Transports OSBL Modules
AsstrA-Associated Traffic AG, a provider of logistics and transportation solutions, successfully completed the first stage of transporting Outside Battery Limits (OSBL) modules for the INEOS Project ONE, an initiative to build an ethane cracker at the port of Antwerp, Belgium.In September, AsstrA's Industrial Project Logistics (IPL) team delivered multiple cargos, including eight modules measuring up to 39 x 12 x 11 meters, from Bauan, Philippines, to Antwerp, Belgium, via the Cape of Good Hope.
Veson Nautical, Cargill Expand Partnership
Veson Nautical and Cargill announced the Strategic Technology Agreement, expanding their partnership to accelerate digital transformation in the maritime sector. The agreement provides Cargill's Ocean Transportation business with a broad range of access to the Veson portfolio, including its data intelligence capabilities and AI-enabled collaborative workflow solution Shipfix. This builds on previous utilization of the Veson IMOS Platform.
Glamox to Illuminate Cadeler’s New Wind Turbine Installation Vessel
Lighting solutions specialist Glamox has signed a contract to light the Wind Apex Wind Turbine Installation Vessel (WTIV), being built for Cadeler.The ship is a hybrid WTIV capable of installing both XL turbine foundations and wind turbines, expected to be delivered in the first half of 2027.The contract is with COSCO Shipping (Qidong) Offshore, which is building Wind Apex at its shipyard in Qidong City…
BlueKick: Electric Vessels Launched for Europe's Inland Waterways
Western Baltic Engineering (WBE), a Lithuanian maritime engineering company, and Belgium’s Batia Mosa Shipyard announced a strategic partnership aiming to transform European inland waterway shipping with the launch of WBE’s design electric pusher vessel series, BlueKick. The collaboration aligns with the Shipyards’ & Maritime Equipment Association of Europe (SEA Europe)'s advocacy for the European Commission's focus on advancing the inland waterways sector.
Akdeniz Launches 1200 CBM Tanker for U.S. Client
Akdeniz Shipyard launched a new 1200-cbm capacity tanker for delivery to an American client.The tanker will operate in the Bahamas, and measures 61 x 10.95m, most notable with only a 2.9-m draft.Last year Akdeniz Shipyard delivered a 1500-cbm capacity chemical tanker that was highly praised for meeting international quality standards. Additionally, the shipyard is currently working on bulk carriers and tugboats of various capacities.Akdeniz continues to export ships to many countries worldwide…
Canada Crude Tanker Exports Up 59%
“Year-to-date, Canadian crude tanker exports have reached 618 thousand barrels per day (kbpd) up from 388 kbpd during the same period last year, an increase of 59%,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.When the Trans Mountain Pipeline extension opened on 1 May 2024 its capacity grew from 300 kbpd to 890 kbpd. Consequently, exports from Vancouver increased significantly starting in June.So far this year…
Breaking Down Black Rock's Deal to 'Reclaim' the Panama Canal
U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.The deal will give the U.S. consortium control of key Panama Canal ports amid White House calls to remove them from what it says is Chinese ownership. The high purchase price sent CK Hutchison's stock up more than 20%."My administration will be reclaiming the Panama Canal…
MacGregor to Deliver Crane for Dive Support Vessel
MacGregor, part of Cargotec, has been awarded a contract to deliver a 100T AHC crane for a dive support vessel owned by Jana Marine Service Company.The crane delivery to the Guangzhou Salvage shipyard is scheduled in the second quarter 2026, with vessel delivery later that year..MacGregor's local sales team will work in close cooperation with Guangzhou Salvage throughout the project to ensure the crane's…
CMB.TECH Acquires Hemen's Stake in Dry Bulk Shipping Company
Belgian oil tanker group CMB.TECH has entered into a share purchase agreement with Hemen for the acquisition of its stake in dry bulk shipping company Golden Ocean.The acquisition agreement is for 81,363,730 shares in Golden Ocean Group, representing ca. 40.8% of Golden Ocean’s outstanding shares and votes which includes all Golden Ocean shares controlled by Hemen, at a price of $14.49 per share.The transaction will not trigger a mandatory takeover bid or similar offer in Bermuda…
Trump Unveils Plan to Revitalize U.S. Shipbuilding, Curb China’s Maritime Dominance
In his address to Congress on March 4, 2025, President Donald Trump unveiled a comprehensive strategy aimed at revitalizing the U.S. shipbuilding industry and strengthening the maritime sector. This initiative seeks to counter China's dominance in global shipbuilding and bolster national security by enhancing domestic maritime capabilities.Central to the President's plan is an executive order comprising 18 measures designed to rejuvenate U.S. shipbuilding.
3D Printed Valve Manifold Assembly Installed on US Aircraft Carrier
HII has announced that shipbuilders at its Newport News Shipbuilding (NNS) division have successfully installed the first valve manifold assembly created by 3D Printing (additive manufacturing) on a new construction aircraft carrier.The valve manifold assembly, a specialized assembly that allows distribution of a single source of fluid to multiple points on the ship, is installed in a pump room on Gerald R. Ford-class aircraft carrier Enterprise (CVN 80).
Degraded Dock Collapse Wasn’t Caused by Barge Contact
About 150 feet of a degraded dock in Chalmette, Louisiana, collapsed into the water in 2023 after a barge contact, but it was unlikely to have sustained the force of a typical docking anyway, a National Transportation Safety Board investigation has concluded.The towing vessel Ovide J was maneuvering two loaded crude oil barges to the Chalmette Refinery crude oil dock on April 25, 2023, when the starboard…
China Targets US Soybeans, Lumber After Trump Tariffs
China suspended on Tuesday the soybean import licenses of three U.S. firms and halted imports of U.S. logs, stepping up its retaliation for additional U.S. tariffs on Chinese goods.Earlier in the day, China also imposed import levies covering $21 billion worth of U.S. agricultural and food products including soybeans, wheat, meat and cotton.The three U.S companies affected by the license suspensions are farmer-owned cooperative CHS Inc…
China Maintains Steady Defense Spending Increase Despite Geopolitical Tensions
China will boost its defense spending by 7.2% this year, maintaining a steady growth rate as Beijing faces headwinds from three years of sluggish economic expansion amid mounting geopolitical challenges from Taiwan to Ukraine.The increase, announced on Wednesday in a government report due to be released in parliament, matches last year's figure.It remains well above China's economic growth target for this year of roughly 5% - which analysts say was expected and reflected Beijing's ambitions for
