Launch of NAVTOR Türkiye Encourages Regional Service and Support
NAVTOR has reaffirmed its commitment to providing world-class service and support to customers in Türkiye and the surrounding region with the launch of NAVTOR Türkiye in Istanbul.NAVTOR, with products and services on over 18,000 vessels in the world fleet, has acquired 100% ownership in Voyager Worldwide Yasden (Yasden). The new office will be led by Managing Director Sena Deral Sezgi, supporting regional shipping companies with e-Navigation and performance solutions to simplify compliance…
Tanker Collision Near Strait of Hormuz Not Related to Israel-Iran Conflict, Frontline Confirms
Frontline, the owner of Front Eagle oil tanker which was involved in a collision with Adalynn, a tanker owned by India-based Global Shipping Holding, has confirmed the collision was a navigational incident and not related to the current regional conflict between Israel and Iran.The incident occurred approximately 15 nautical off Fujairah in the Gulf of Oman, off the United Arab Emirates (UAE), at 00:15 local time on June 17…
Fully Laden Front Eagle and Suezmax Tanker Collide Near Strait of Hormuz
Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz, where electronic interference has surged during conflict between Iran and Israel, but there were no injuries to crew or spillage reported.With Iran and Israel firing missiles at each other since Friday, interference has disrupted navigation systems near the vital sea route between Iran and Oman which handles about a fifth…
Uni-Tankers Books Strong Growth, Fleet Development
Denmark-based chemical and product tanker operator Uni-Tankers reported solid financial performance for the 2024/25 fiscal year, posting a net profit of $39.5 million and a 24.4% increase in revenue, bolstered by fleet expansion, strong contract performance, and continued investment in digitalization and decarbonization.CEO Per Ekmann called the results a confirmation that the company’s long-term strategy is delivering consistent value.
Shipbuilding: ONE Singapore Joins the Fleet
Ocean Network Express (ONE) named the 13,900-TEU ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels. The naming ceremony took place at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd. in Japan, marking another milestone in ONE's fleet expansion program."Today's naming of ONE Singapore signifies further progress in our fleet expansion strategy," said Jeremy Nixon, CEO, ONE.
PETRONAS, MISC, MOL ink JV to Pioneer CO2 Transport
PETRONAS CCS Ventures Sdn. Bhd. (PCCSV) MISC Berhad (MISC), and Mitsui O.S.K. Lines, Ltd., (MOL) announced the incorporation of a strategic joint venture (JV), Jules Nautica Sdn. Bhd. This JV will lead the development and act as the ultimate owner of Liquefied Carbon Dioxide (LCO₂) carriers, which are critical for transporting LCO₂ to designated storage sites as part of advancing carbon capture and storage (CCS) solutions.The trio completed the Front-End Engineering Design (FEED) for a 62…
KR, HD Hyundai Samho Explore AI in Ship Design
Korean Register (KR) signed a MOU with HD Hyundai Samho to jointly develop AI-based solutions for ship design and analysis.This is a part of a broader digital transformation strategy aimed at enhancing design productivity and strengthening the capabilities of ship design engineers in the rapidly evolving shipbuilding landscape, focused on leveraging AI to build a more efficient and accurate ship design system.
UK Offshore Wind Industry Employs 40,000 People, New Report Finds
RenewableUK and the Offshore Wind Industry Council (OWIC) have released a new report showing that the number of people working in the offshore wind industry has risen from just over 32,000 two years ago to nearly 40,000 today – an increase of 24%.The Wind Industry Skills Intelligence Report 2025 has also revealed that the number of people working in onshore wind in the U.K. now stands at just over 15,000.
Pirate Swarm Steals Metal from Barge
Anti-piracy equipment company Palaemon reports that security threats occurred over the past week in the Singapore Straits, Gulf of Guinea and Red Sea. The incidents include:• 32 pirates used eight boats to attack a tug boat in the Singapore Strait, stealing a large quantity of scrap metal. The crew remained unharmed. The pirates had three boats on the port side, four on the starboard side, and one boat in the rear.
Republican Governor Doesn’t Want Trump’s Offshore Drilling
The Republican governor of South Carolina appealed to the Trump administration on Monday to leave his state out of an impending plan to increase offshore oil and gas production.The letter comes as the administration wraps up a 45-day request for public input into a federal offshore oil and gas leasing program that could include new zones in the Arctic and elsewhere to maximize domestic energy development.The current five-year plan…
Are Workboats Really Going Green?
Tugboat and towboat owners across the nation eye fuel efficiency and emission reduction technologies and techniques in advance of increasingly stringent regulations.he first half of 2025 has seen a great deal of attention on emissions from vessels, with an eye towards their continued reductions in the coming years. Mid-April saw the International Maritime Organization (IMO)’s much anticipated Maritime…
Washington Watch: China Shipbuilding - Industry, Shippers Prep for Tariffs
Domestic U.S. shipping interests are closely monitoring a United States Trade Representative (“USTR”) proposal for import and export trades involving Chinese vessels. There is an ongoing Section 301 investigation prompted by domestic industry concerns about China’s industrial ambitions in sectors that are critical to U.S. economic and national security. The outsized role of China in international ocean shipping is greater than many would expect.
Japan Energy Expo '25 Opens this Week
JERA’s major U.S. LNG supply deal sets the stage for Japan Energy Summit & Exhibition 2025, taking place 18 – 20 June in Tokyo, with live commentary expected from JERA’s Global CEO and METI during the Opening Ceremony.The Strategic Summit will feature top executives from Shell, TotalEnergies, and Linde, alongside government leaders, addressing global energy stability, LNG diversification, and clean fuel investments.With over 100 exhibitors and sponsors…
Russian Urals Oil Prices Rise Above Western Price Cap
Russia's Urals crude oil price rose above the $60 per barrel limit imposed by Western nations as the Brent price jumped last week, fuelled by rising tensions in the Middle East, Reuters calculations based on traders' data showed on Monday.Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East.The U.S.…
Tanker Trade Stands Firm (for now) Amidst Middle East Conflict
When tensions rise in the Middle East, it can be helpful to look at what is not happening as much as what is.In the crude oil market, this means focusing on the fact that so far not a single barrel of crude oil supply has been lost. It is in the interests of all involved parties that this remains the case.Crude oil prices rose again in early trade in Asia on Monday, with global benchmark Brent futures LCOc1 gaining 2.1% to trade at $75.76 a barrel.This built upon the 7% leap on June 13…
Challenges to Lifecycle Design with Greener Solutions
Ships are designed to operate for decades—often up to 50 years or more. While routine repairs and sometimes major retrofits are expected throughout that lifespan, these vessels must be engineered from the start with longevity in mind. As the maritime industry pushes for greener, low-emission technologies, new challenges arise in lifecycle design—especially when balancing sustainability with long-term reliability.
Global Maritime S&R Systems Under Review
The International Maritime Rescue Federation (IMRF), in partnership with Lloyd’s Register Foundation, has launched a Global Maritime Search and Rescue (SAR) Systems Review in order to understand, evaluate and help strengthen maritime SAR systems worldwide.This strategic review will assess the current effectiveness of SAR capabilities at local, national, and international levels, identify emerging risks and critical gaps…
Congo Lake Tumba Accident: 48 Dead, More Likely
The death toll has risen to at least 45 after three motorized canoes capsized in Democratic Republic of Congo's Lake Tumba last Wednesday, a local official said, as the search for survivors continued.Lake Commissioner Gabriel Ifulu Bongolomba said some 45 people were killed in the accident, while others were believed missing. The search for survivors was under way with Red Cross help, he added, with 100 people or so confirmed alive so far."Some survivors were afraid to come forward…
Rayglass Launches “R Edition” Protector Range of RIBs
Rayglass Boats, a brand of Brunswick Corporation, has unveiled the all-new Protector R Edition range, an evolution of its high-performance RIBs. These exclusive models are engineered to deliver next-level performance, styling, and innovation.Leading the lineup is the 330 Targa R Edition, the first vessel in New Zealand to be powered by Mercury Racing’s new 400R V10 outboard engines. With a top speed exceeding 60 knots…
GTT Receives Order for LNG Carrier Tank Design From HD KSOE
GTT announced that it has received an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of a new Liquefied Natural Gas Carrier (LNGC).The LNGC will be built by Hyundai Samho Heavy Industries on behalf of the ship-owner Purus, a specialist in low-carbon maritime transport solutions.As part of this order, GTT will design the vessel’s cryogenic tanks, which will have a total capacity of 180,000 m³.
