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Second Arrest Warrant Issued for GP Global's Tanker
An Indian court has issued a second arrest warrant for a marine refueling tanker owned by troubled UAE oil trader GP Global after it failed to make payments to its ship manager…
Court Orders Seizure of GP Global's Oil Tanker Over Loan Default
An Indian court has ordered the seizure of a tanker belonging to Dubai-based oil trading firm GP Global after a petition from UAE lender National Bank of Fujairah over a loan default…
Cepsa, GP Global to Produce Marine Lubricants in India
Cepsa and Global Energy Private Limited (GPGEPL), part of UAE-based global conglomerate GP Global, have announced an exclusive partnership to manufacture and market…
GP Global Delivers its First LSFO Bunker Fuel in Fujairah
Oil trader and bunker provider GP Global delivered its first barge of low-sulphur fuel oil compliant with IMO regulations on sulphur emissions into Fujairah in the United Arab Emirates, it said on WednesdayThe company delivered a 6,000-tonne bunker barge at the port, a main hub in the Mideast Gulf region for bunker operationsFrom the start of 2020 all ships will be required to burn fuel with maximum 0.5% sulphur, down from 3.5% sulphur currently, unless they have sulphur cleaning kits called scr
Express Global Expands Asia Presence with New Singapore Office
Express Global announces the opening of its new office in Singapore, marking a step forward in the continued expansion of the Cosulich Logistics brand across the Asia Pacific region.The new branch strengthens Express Global’s presence in one of the world’s most strategic logistics hubs, enhancing the company’s ability to support customers, partners and stakeholders across Southeast Asia. The Singapore…
Starlink Outage Exposes Pentagon’s Growing Reliance on SpaceX
Last August, U.S. Navy officials carrying out a test of unmanned vessels realized they had hit a single point of failure: Starlink. A global outage across Elon Musk’s satellite network affecting millions of Starlink users had left two dozen unmanned surface vessels bobbing off the California coast, disrupting communications and halting operations for almost an hour.The incident, which involved drones intended to bolster U.S.
Guyana President: Energy Supply-Demand Gap Widens Further
The gap between supply and demand is widening as global energy systems face strain, Guyana's President Irfaan Ali said on Monday, as the Iran warenters its third month and continues to drive up oil and gas prices amid supply shortages.Energy markets have been reeling since the start of the war, which has caused damage to infrastructure across the Middle East and led to the effective closure of the Strait of Hormuz, a key trade chokepoint.
Vessel Sector Deep Dive: WTIVs
The changing global bottom-fixed offshore wind turbine and foundation installation marketThe last two or three years have seen a change in the underlying stakeholder support for the energy transition, resulting in the energy trilemma being focused more on energy security and affordability than transition, which means a pivot away from renewables to increased support for oil & gas. At the same time, inflation and interest rates have impacted project economics.
EcoNavis Appoints Neil Logan as Executive Chair
Ship technology pioneer EcoNavis Solutions has appointed Neil Logan as Executive Chair, formalizing a more hands-on leadership role as the company prepares to scale up operations and expand across global maritime markets.Logan has been involved with EcoNavis since the company’s formal University spinout in August 2025. His initial advisory role has now transitioned into an executive position, reflecting…
IMO Progresses Net Zero Framework
The Marine Environment Protection Committee of the IMO concluded its 84th session with a commitment to rebuild consensus on global shipping emissions.Nearly 100 delegations took the floor this week to voice their views on the adoption of “mid-term measures” to address GHG emissions from ships - known as the IMO Net-Zero Framework - with multiple proposals tabled on how to take forward negotiations.The…
FMC Chairman Laura DiBella Releases Statement on IMO Net Zero Framework
Federal Maritime Commission (FMC) Chairman Laura DiBella’s participation as part of the U.S. Delegation to the 84th session of the International Maritime Organization (IMO) Environmental Protection Committee (MEPC) helped reinforce constructive U.S. engagement to resolve the impasse over the IMO’s proposed Net Zero Framework (NZF). Chairman DiBella ensured full FMC attention on the serious economic harm that would be caused by the NZF…
Tech Talk: Time to Rethink Watchkeeping
It’s time to consider the role of “digital watchkeepers” as the become an increasingly complex tool for bridge teams.Releasing its annual report in July 2025, the UK Marine Accident Investigation Branch said that significant collisions between merchant vessels show no sign of reducing. The collision between Scot Explorer and Happy Falcon, the fatal collision between Verity and Polesie and the dramatic…
Norwegian Cruise Slashes Profit Forecast as Fuel Costs Continue to Rise
Norwegian Cruise Line cut its annual profit forecast on Monday, as the cruise operator battles surging fuel costs linked to the war in the Middle East and tepid demand for its sea voyages, sending its shares down 7% in morning trading.Global oil prices surged above $100 a barrel after U.S. and Israeli strikes on Iran led to the closure of the Strait of Hormuz. More than $50 billion worth of crude oil supply has been lost since the start of the war…
Sentinel Midstream to Begin Building Texas Deepwater Oil Export Port
Oil transportation and storage company Sentinel Midstream said on Tuesday it would immediately begin construction of its deepwater oil export project off the Texas coast, marking the first development of a large-scale export project in the United States in years.Sentinel expects to begin commercial operations of the Texas GulfLink system by the fourth quarter of 2028, said Bruce Heine, the company's senior VP for public affairs…
Direct Travel Expands Avenir Platform for Specialty Markets
Direct Travel announced the expansion of Avenir, its global travel platform across its specialty market divisions, including Energy, Marine and Mining. Delivered through ATPl's specialist businesses, Avenir provides a single global platform and unified service model for executive and project-based business travel complementing the company's sector specific logistics and workforce mobility solutions.With this expansion…
Maritime Risk Symposium Names U.S. Navy Vice Admiral (Retired) T.J. White as Keynote Speaker
Sam Houston State University (SHSU), the Institute for Homeland Security (IHS), and the Organizing Committee of the Maritime Risk Symposium 2026 (MRS2026) have announced that U.S. Navy Vice Admiral (Retired) T.J. White, Chief of Texas Cyber Command, will deliver a keynote address at this year's event. MRS2026 will be held at LyondellBasell Center for Petrochemical, Energy, & Technology at San Jacinto College in Pasadena, Texas, U.S.A.
Massachusetts Maritime Academy Professors Honored at IACBE Conference
Massachusetts Maritime Academy, a public university with undergraduate degree programs focusing on science, engineering, technology, math, and business that blend academics and experiential learning is proud to announce that International Maritime Business Professors Bhani Ghosh and Paul Szwed recently presented at the International Accreditation Council for Business Education (IACBE) conference in Salt Lake City, Utah.
Kongsberg Maritime Begins Trading on the Oslo Stock Exchange
Kongsberg Maritime ASA, a global leader in maritime technology, began trading on Euronext Oslo Stock Exchange on April 23 under the ticker symbol KMAR. The company has been spun off from Kongsberg Gruppen ASA.With operations in 35 countries and more than 8,300 employees worldwide, Kongsberg Maritime combines deep domain expertise with advanced technology and a strong customer base across the global merchant fleet…
France Deploys Aircraft Carrier to Red Sea Ahead of Possible Hormuz Mission
France on Wednesday deployed its carrier strike group to the Red Sea as part of planning for a potential mission to secure the Strait of Hormuz, urging Washington and Tehran to consider the proposal given the global economic impact of their competing blockades.Fresh exchanges of fire on Monday underscored the stakes as the U.S. and Iran struggle for control of the narrow waterway, a vital artery for global energy and trade…
Shipping Industry Reaffirms Support for IMO-Led GHG Pathway
BIMCO, CLIA, ICS, INTERCARGO, INTERFERRY, INTERTANKO and WSC, representing the global commercial shipping fleet, have issued a statement in support of the IMO ahead of the next Marine Environment Protection Committee (MEPC 84) meeting next week.The industry associations remain committed to pursuing the ambition established within the 2023 IMO Strategy on Reduction of GHG Emissions from Ships, having…
