Port of Los Angeles Reports Record Low Emissions
The Port of Los Angeles recorded its lowest emissions per container on record in 2025, continuing a two-decade decline in air pollution even as container throughput remained near historic highs.According to the port's newly released Inventory of Air Emissions, diesel particulate matter (DPM) emissions declined 2% in 2025 compared with 2024, while nitrogen oxides (NOx) fell 4%, sulfur oxides (SOx) decreased 5% and greenhouse gas emissions dropped 3%.
New Crewsure Energy Program Provides Employee Benefits for Offshore Workers
Crewsure Insurance Services Limited (Crewsure) has announced the launch of Crewsure Energy, a new program that brings together traditional employee benefits with specialist Crisis Response protection, designed for companies employing personnel working in the international energy and offshore sectors.The launch represents an expansion for Crewsure, as the company already provides specialist MLC crew benefits for personnel working aboard drilling ships and other maritime assets.
Shipbuilding: Bayonne Drydock Gets MARAD Grant
Bayonne Drydock & Repair Corp. has secured a $673,123 grant from the U.S. Maritime Administration (MARAD) to upgrade surface preparation equipment and expand workforce training at its ship repair facility in the Port of New York and New Jersey.Awarded through MARAD's Small Shipyard Grant Program, the funding will be combined with the shipyard's own investment to purchase automated ultra-high-pressure hydro-blasting and surface preparation equipment.
Houthi Attacks Drive Oil Prices to Five-Month High
Oil prices climbed about 2% to a five-month high on Thursday after Houthi attacks in Saudi Arabia stoked concerns of further disruption to energy supplies from the key exporting region.Brent futures rose $2.42, or 2.2%, to $111.24 a barrel at 10:45 a.m. EDT (1445 GMT), while US West Texas Intermediate (WTI) crude rose $1.14, or 1.2%, to $98.29.That drove Brent into technically overbought territory…
Citi: Oil Prices Remain Unstable Despite Recovering Gulf Exports
Citi said on Thursday that near-term risks to oil prices remain skewed to the upside despite a recovery in Gulf crude exports, as shipping bottlenecks continue to keep delivered supplies tight."The normalization of Arab Gulf oil exports has been volumetric rather than logistical, with unprecedented shipping inefficiencies keeping delivered crude costs elevated," Citi saidMore than 1 million barrels per day of Gulf crude exports were moved via ship-to-ship transfers in September…
Greece, Egypt Discuss Extending EEZ Towards Cyprus
Greece and Egypt are discussing extending their Exclusive Economic Zone eastwards towards Cyprus after eastern Libya's parliament ratified a disputed maritime agreement with Turkey earlier this week, Greece's foreign minister said.Greece, Egypt and Cyprus have long opposed the Turkey-Libya maritime accord, arguing that it infringes on their own maritime claims in the eastern Mediterranean.Any extension of the Greece-Egypt agreement would be fully in line with international law and the United Nat
Top Five Maritime Threats Across the Gulf - Windward
Windward intelligence report highlights tanker and tug attacks, threats to subsea cables, an emerging oil spill and a sanctioned Russian tanker testing U.S. naval restrictions.Maritime security risks across the Strait of Hormuz, Arabian Gulf and Gulf of Oman are expanding beyond attacks on commercial tankers, with threats now extending to subsea communications infrastructure, offshore support vessels and coastal facilities.
ABS, Ørsted Tapped for 2026 NOIA Award
The National Ocean Industries Association (NOIA) has named the American Bureau of Shipping (ABS) and Ørsted the winners of the 2026 NOIA Environmental, Social, & Governance (ESG) Excellence Awards. ABS is the winner of the Service, Supply & Support category, while Ørsted is the inaugural winner of the new Operators & Developers category.The NOIA ESG Excellence Award recognizes companies whose actions, design, or influence advance the ideals embodied by the NOIA ESG Principles.
Miros Launches 3D Vessel View For Sea-State Monitoring
Miros, a Norwegian specialist in radar-based real-time ocean surface measurement, has introduced a 3D vessel view providing crews and operators with a consolidated view of the accurately measured sea state surrounding their vessel. The new 3D interface in WaveSystem, a wave monitoring system for weather-critical offshore vessel operations, shows where each wave measurement is taken. It brings each installed measurement source…
IFM Investors Fund to Acquire Majority Stake in Associated British Ports
Canada Pension Plan Investment Board (CPP Investments) and OMERS have agreed to sell their combined 63.9% stake in Associated British Ports (ABP) to a fund managed by IFM Investors, in a deal expected to close in the first half of 2027.Under the agreement announced on October 21, CPP Investments will sell its entire 33.9% holding, while OMERS will dispose of its 30% stake in the UK ports operator.IFM Investors is a global asset manager…
Global Shipyard Orderbook Up 13%, China Dominates
"On 1 September 2026, the global shipyard order book reached an estimated 203.2m Compensated Gross Tonnage (CGT), up 13% from 180.0m CGT a year earlier,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.This is slightly below the all-time high of 210.4m CGT reached in May but remains above the previous record of 195.4m CGT from 2008.Much of the growth has been captured by Chinese shipyards, who secured 74% of the CGT contracted during the past year.
LR, BPA Urge Ports to Prep for Maritime Nuclear Tech
Ports should begin preparing for advanced nuclear technologies, including nuclear-powered ships, floating power plants and small modular reactors (SMRs), according to a joint report from Lloyd's Register (LR) and the British Ports Association (BPA).The report, Advanced Nuclear Technology Use Within Port Environments, examines how nuclear technology could support growing port energy requirements while creating opportunities in shipbuilding…
DOF Gets Deepwater Subsea Installation Job in Africa
Norwegian offshore vessel owner DOF Group has secured a subsea installation contract in Africa, with its Skandi Acergy construction support vessel (CSV) scheduled to undertake the offshore campaign in early 2027.The contract, valued at between $15 million and $25 million, covers project management, engineering, logistics and offshore execution services for the transportation and installation of subsea…
Oil Prices Surge as Attacks on Saudi Arabia Fuel Supply Concerns
Oil prices rallied over $2 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to crude supplies from the world's key exporting region.Brent crude futures LCOc1 climbed$2.82, or 2.59%, to $111.64 a barrel at 0626 GMT, close to a five-month high. US West Texas Intermediate crude CLc1 gained $2.24, or 2.31%, to $99.39."Oil prices remain well bid…
Seven Ships Hit Near Hormuz as Iran Warns US of Escalation
Iran's Islamic Revolutionary Guard Corps Navy said on Thursday that four vessels involved in illegal oil transfers in the northern Persian Gulf were simultaneously hit and caught fire after being tracked by its forces on Wednesday.The IRGC added that three more vessels collided with mines west of the Strait of Hormuz, and warned the US military that continued provocations could lead to a wider response against its regional bases.(Reuters - Reporting by Tala Ramadan; Editing by Jacqueline Wong)
