All in the Family: The SunStone Maritime Group CEO Torch Passes to Carsten Lund
cut685bdfb8b3c6622a5fe1f2da_Lund Family1SunStone Maritime Group A/S takes next step in previously announced leadership transition.After 35 years as Chief Executive Officer, founder Niels-Erik Lund is retiring as CEO on June 30, 2025. Niels-Erik will remain involved in the group as a member of the Board of Directors.As of July 1st, Carsten Lund will assume the role of CEO of the Group. He previously served as SunStone’s Chief Commercial Officer…
First Russian-Built Ice-Class LNG Tanker to Enter Operations This Year
The first Russian-built ice-class tanker for liquefied natural gas is expected to go into operation in the second half of this year at the Arctic LNG 2 plant, Interfax news agency quoted tanker group Sovcomflot as saying on Wednesday.International sanctions over Ukraine have led to a shortage of tankers in Russia that can cut through thick ice, preventing Arctic LNG 2 from exporting cargo since the first stage of the plant started operation at the end of 2023.The tanker…
LNG Carrier Rescues Fishers in Atlantic Ocean
An LNG carrier managed by NYK LNG Shipmanagement rescued 11 Portuguese fishers in the Atlantic Ocean on June 22.While en route to the port of Dunkirk in France, the vessel received a distress call from a fishing boat that had sustained hull damage. The LNG carrier immediately headed to the scene and rescued all 11 individuals on board.They are reported to be in good health and are scheduled to disembark at Dunkirk port around June 26.
Global Maritime Organizations Unite to Accelerate Electrification
Four leading maritime associations have jointly launched the Global Alliance for Maritime Electrification (GAME), a coalition of nonprofit organizations dedicated to accelerating the electrification of maritime transportation.The four founding members, IEMA – International Electric Marine Association, ZESTAs – Zero Emission Ship Technology Association, MBF – Maritime Battery Forum, and EOPSA – European Onshore Power Supply Association…
HD Hyundai Spearheads Korea-U.S. Shipbuilding Alliance
HD Hyundai hosted the Korea–U.S. Leaders Forum on Education and Research on Shipbuilding at its Global R&D Center in Pangyo, Korea, on June 24.The forum was organized as a follow-up to the trilateral Memorandum of Understanding (MOU) signed in July last year between HD Hyundai, Seoul National University (SNU), and the University of Michigan (UM) to promote talent development in the shipbuilding industry.HD…
Morning Midas Finally Sinks
The car carrier Morning Midas sank on June 23 following the fire that broke out on board on June 3.The fire was no longer active, but the vessel sank while awaiting the arrival of a tug with long-distance towing capability.“Damage caused by the fire, compounded by heavy weather and subsequent water ingress, caused the Morning Midas to sink at around 16.35 local time zone (UTC -9) on 23 June, in waters approximately 5…
Sanmar Delivers Two Tugs to SAAM Towage
SANMAR has delivered another two Boğaçay Class tugs to Americas’ largest operator SAAM Towage.The tugs are based on the exclusive-to-SANMAR RAmparts 2400SX MK-II design from Canadian Naval architects Robert Allan Ltd, which incorporates the latest in advanced machinery automation for high operational efficiency and minimal environmental impact.The twin Z-drive, diesel-powered vessels can achieve 80…
Chairman Louis E. Sola Announces Departure From FMC
June 30, 2025, marks the conclusion of Louis E. Sola’s tenure as Chairman of the U.S. Federal Maritime Commission (FMC).Sola issued a statement saying: “Serving our nation in this capacity has been the honor of a lifetime. I have had the privilege of helping safeguard the integrity of the U.S. maritime industry, bringing greater transparency to port operations, and overseeing a supply chain that moves more than $5 trillion in goods annually.“Nominated by President Donald J.
Houthis Likely to be Persistent Problem for US
Yemen's Iran-aligned Houthi movement will likely be a persistent problem for the U.S. in the future, a senior U.S. military official said on Tuesday, even after Washington and the Houthis reached an agreement last month that ended a U.S. air campaign against the group."The Houthis are likely to be a persistent problem... that we'll be dealing with in the future a few times again," Air Force Lieutenant General Alexus Grynkewich, director for operations of the Joint Staff, told lawmakers.
Industrial Partners Unite Behind Floating Hydrogen Project
Karmsund Hydrogen—owned by Norwegian Hydrogen, Sigma, and Karmsund Group—is partnering with HydePoint to build a green hydrogen facility in Karmsund, aimed at cutting emissions in local industry. The facility will be located at Karmsund Group’s Service Base, offering direct access to hydrogen users in both the maritime and onshore sectors.The project plans to produce more than 3000 tons annually based…
Contract Signed for In-Service Support of FREMM Frigates
Orizzonte Sistemi Navali (OSN), the joint venture owned by Fincantieri and Leonardo, has signed the Through Life Sustainment Management (TLSM 2) in-service support contract with OCCAR (Organisation for Joint Armament Cooperation). This marks the continuation of a long-standing strategic collaboration that began with the delivery of the first FREMM-class frigates and their related logistical support.
Danish Test Vessel to Help Collect Data for Sail Assisted Emission Reductions in Shipping
Real-life measurements, collected by the Cleanship project, will provide insights into the actual effect of wind-assisted sails on commercial vessels. Uni-Tankers’ M/T Jutlandia Swan has been equipped with four wing sails, known as VentoFoils. This marks a milestone in the Danish Cleanship project, funded by the Danish EPA’s MUDP program, which aims to collect new and more precise data on the practical effect of wingsails.
Crowley Expands International Shipping By Connecting U.S. Northeast and Central America
Crowley, a leader in logistics, marine and energy solutions, is expanding ocean shipping services with its first-ever route between the U.S. Northeast and Central America.Utilizing Crowley's new Avance Class vessels, powered by liquefied natural gas (LNG), the five-day transit between the Port of Philadelphia’s Gloucester Marine Terminal and ports in Guatemala and Honduras enables timely deliveries of food…
Trump Approves Chinese Purchasing of Oil From Iran
President Donald Trump said on Tuesday that China can continue to purchase oil from Iran after the U.S. bombed the OPEC member's nuclear facilities and hoped that China would also buy "plenty" of it from the United States."China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also," he said in a post on Truth Social.Trump's post came after he had announced that Iran and Israel had agreed to a ceasefire following the U.S.
Carnival Raises Annual Profit Forecast As Cruise Demand Continues
Carnival Corp raised its annual profit forecast after beating second-quarter estimates on Tuesday, driven by the highest margins the company has achieved in nearly 20 years, sending its shares up almost 8% in morning trading.Sea-based vacations continue to be more affordable than land-based options, particularly for lower-income customers, Carnival said. This affordability has helped the company show "remarkable resilience amid heightened volatility…
AYK Energy Secures DNV Approval for Latest Range of Marine Batteries
AYK Energy is set to ramp manufacturing of its latest range of marine batteries after receiving type approval from DNV.DNV has approved AYK Energy’s Pisces, Pisces +, OrionAN, and OrionAN+, as well as aluminum versions of AYK’s legacy modules setting new standards in clean energy marine propulsion.AYK Energy founder Chris Kruger said the approval is a game changer making marine battery technology more…
First Digital Fuel Certificate Issued for Ammonia Bunkering
In a milestone for the green fuel economy, Fortescue, in collaboration with Trovio and the Green Hydrogen Organisation (GH2), has completed the issuance of the world’s first digital fuel certificate for an ammonia-to-ship transfer. The transaction involved the Fortescue Green Pioneer, the first ocean-going dual-fueled ammonia powered vessel, during a recent fuel transfer operation at the Port of Rotterdam.While…
Lehmann Marine Launches New Water-Cooled LFP Battery System
Lehmann Marine, a leading provider of maritime battery systems, has introduced its latest product development, AQUBE, at the Electric & Hybrid Marine Expo in Amsterdam. AQUBE combines the compact and flexible design of Lehmann Marine‘s CUBE with advanced water-cooling technology derived from the proven COBRA battery system. This combination resulted in the high-power energy storage solution AQUBE,…
EST-Floattech Expands Octopus Portfolio with New Battery Modules
EST-Floattech, Dutch energy storage systems provider for maritime and industrial applications, has expanded its Octopus Series with the introduction of Lithium Iron Phosphate (LFP) battery modules.With the latest addition the company aims to address the market demand for battery systems based on another chemical configuration.The new Octopus LFP ESS is engineered for large scale battery systems, and…
Wärtsilä to Supply Cargo and Fuel Equipment for Cosco Shipping’s Four VLGCs
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling and fuel supply systems for four new Very Large Gas Carriers (VLGCs) being built in COSCO Shipping (Qidong) Offshore for their owner group.The complete Wärtsilä Gas Solutions’ scope covers the engineering, material, as well as the supervision, commissioning and gas trials for the systems.Included in the materials scope are the machinery, instrumentation, electric and control system.
