Polar Max Project Celebrates Start of Construction
The Polar Max project reached an important milestone as Davie and ALMACO officially marked the start of construction with a project kickoff ceremony at Davie’s shipyard in Lévis, Québec. The event signaled the formal transition from planning and design into full execution for one of Canada’s most significant shipbuilding programs under the National Shipbuilding Strategy.Polar Max is a next‑generation icebreaking vessel designed to strengthen Canada’s Arctic and maritime capabilities.
Thailand Seeks LNG Supplies from Malaysia Due to Middle East Conflict
Thailand is actively seeking additional LNG supplies from Malaysia following disruptions caused by the ongoing Middle East conflict, Thai energy government officials said on Wednesday.Thailand would need to diversify some of its LNG supply away from the Middle East, estimated at roughly 5% to 10%, said Watcharin Boonyarit, the Energy Ministry's deputy director general of its Energy Policy and Planning Office, on the sidelines of the Offshore Technology Conference in Kuala Lumpur."Roughly two to
Oil Tanker in Qatari Waters Hit by Iranian Missile
An oil tanker leased to state-owned QatarEnergy was hit by an Iranian cruise missile on Wednesday in Qatari waters, the defence ministry said.Qatar was targeted by three cruise missiles coming from Iran. Two were intercepted while the third hit the Aqua 1 fuel oil tanker, but caused no casualties.Iran's Islamic Revolutionary Guard Corps said they had targeted the oil tanker because of what they said…
Cavotec Signs $15b Order for MoorMaster Systems in North America
Cavotec has signed an order valued at approximately USD15.11 million (EUR 13 million) for the supply of MoorMaster automated vacuum mooring systems for a special application in North America. Deliveries are scheduled between October 2027 and March 2028.The MoorMaster systems will help ensure safe, reliable, and efficient vessel operations. Cavotec has over 20 years of experience in automated vacuum mooring and MoorMaster systems increase safety…
Insights: As Ships Get Bigger, Pilots Keep Maritime Commerce Flowing
Over 95% of large ocean-going vessels moving in U.S. waterways are under the direction and control of a pilot that is a member of the American Pilots’ Association (APA). The enormous increase in vessel sizes – as much as five times bigger than just twenty years ago – without corresponding expansions of waterways has made the already difficult work of these pilots even more challenging.APA-member pilots are generally the only U.S.
Bahrain Circulates Revised UN Hormuz Draft
Bahrain has circulated a revised U.N. Security Council draft resolution on protecting commercial shipping in and around the Strait of Hormuz, retaining language authorising “all necessary means” but dropping an explicit reference to binding enforcement.Shipping through the waterway, through which roughly a fifth of global oil supplies pass and which underpins Gulf economies, has already slowed to a…
Iran War Reshapes Global LNG Trade
The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.One of the major beneficiaries is Australia, which last year slipped to the third-largest exporter of the super-chilled fuel behind the United States and Qatar.But the effective closure of the Strait of Hormuz has shut off Qatar's LNG exports…
Shale Oil Components Detected in Marine Fuels, says VPS
VPS has seen an increase in the levels of shale oil components in marine fuels bunkered recently in Singapore. Although we have received no reports of problems, from vessels using these fuels, we do recommend caution as detailed below:Over the course of February and March 2026, VPS testing identified 90,000mt of delivered VLSFO bunkers containing compounds consistent with an Estonian Shale Oil derived stream.
ASRY, stc Bahrain Launch Vehicle Fleet Management System
The Arab Shipbuilding and Repair Yard Company (ASRY) completed the implementation of its vehicle fleet management and tracking system, developed in partnership with stc Bahrain, a digital enabler in the Kingdom.This project, which forms part of a broader series of strategic initiatives between the two parties, aligns with ASRY’s ongoing efforts to enhance operational excellence and drive its digital…
NYK Bulkship Partners Sets Sail
A new integrated structure that combines maritime transport, ship owning, and ship management.With the aim of further strengthening the competitiveness of the NYK Group’s dry bulk business…