Norway Socialist Party Withdraws Support for LNG Electricity Project Opposition
Norway's Socialist Party has withdrawn its support for a proposal to block Equinor's Hammerfest liquefied natural gas plant from receiving a planned onshore power connection, clearing the way for the grid development to proceed.Parliament is due on Thursday to vote on an opposition proposal seeking to revoke the LNG plant's planned link to the power grid, but the motion is likely to fail without backing from the Socialist Party.The government approved the connection in 2023 to cut greenhouse gas
CK Hutchison Launches Arbitration over Panama Canal Ports Contract Ruling
Hong Kong's CK Hutchison said on Wednesday its Panama Ports Company unit has started international arbitration proceedings against Panama after the country's top court annulled its licences to operate two Panama Canal ports, in a case that could take years to resolve.Panama's Supreme Court last week ruled the contracts violated Panama's constitution by giving the company exclusive privileges and tax exemptions.It is unclear how long the arbitration proceedings could take…
Fifteen Migrants Dead After Boat Collides with Greek Coast Guard Vessel
Fifteen migrants died after their boat collided with a Greek coast guard vessel, capsized and sank off the island of Chios in the Aegean Sea late on Tuesday, the coast guard said, in one of the deadliest migrant shipwrecks in Greece in years.The incident occurred after a migrant boat sailing towards Chios with its navigation lights switched off ignored signals from a coast guard patrol vessel and changed course…
Oil Prices Rise on U.S.-Iran Tensions
Oil prices steadied on Wednesday after rising earlier in the session after the U.S. shot down an Iranian drone and armed Iranian boats approached a U.S.-flagged vessel, rekindling fears of an escalation in tensions ahead of planned talks.But a broader selloff of software equities, which often move in tandem with oil prices, capped gains.Brent crude oil futures were up around 0.1% at $67.38 a barrel by 1423 GMT. U.S.
ClassNK Fleet Cost Simulation Receives "Best Project Innovation Award'"
The service "ClassNK Fleet Cost Simulation" provided by ClassNK has been honored with the Best Project Innovation Award at the Saudi Maritime Awards, hosted by Robban Assafina, the maritime media platform in the Middle East and North Africa (MENA) region. The award ceremony took place on January 29, in Jeddah, Saudi Arabia.The Saudi Maritime Awards, in partnership with the Transport General Authority of Saudi Arabia…
U.S.-Flag Shipping on the Great Lakes Down in 2025
U.S.-flag Great Lakes freighters (lakers) carried 71.3 million tons of cargo in 2025, an 8.9 percent decrease from a year ago. 2025 cargo movement on the Great Lakes was 8.1 percent below the fleet’s 5-year average.Except for salt shipments, which increased by 4.1 percent, all commodity shipments decreased in 2025. Iron ore shipments were down 10.8 percent from 2024 to 39.1 million tons. Coal cargos declined to 6.5 million tons, a decrease of 12 percent.
Baron Weather Expands Services to Support Recreational, Commercial Maritime Operations
Baron Weather, a global provider of meteorological and metocean (oceanographic) intelligence services, announced the advancement of its services to support worldwide recreational and commercial maritime operations. With decades of experience supporting inland waterway and offshore services, Baron delivers current and forecast marine weather and metocean intelligence backed by 24/7 operational expertise that drive informed, confident planning and underway decision making.
BOEM Advances Second OBBBA Offshore Lease Sales
The Bureau of Ocean Energy Management, today announced another major step toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act. BOEM released the Final Notice of Sale for Lease Sale Big Beautiful Gulf 2 (BBG2), the second of 30 Gulf of America lease sales required by the One Big Beautiful Bill Act (Public Law No: 119-21). BOEM will again invite lease sale bidders to attend the live bid reading, per BOEM instructions, on March 11, 2026, starting at 9 a.m.
ESVAGT-KMC JV Nets Long-Term Vessel Deal for Korea Offshore Wind Farm
KESTO, a joint venture between Denmark’s ESVAGT and South Korea’s KMC Line, has secured its first contracts to provide offshore service logistics for Vestas at the Shinan-Ui offshore wind farm in South Korea.From 2028 and for a minimum period of 10 years, KESTO will provide vessels to support Vestas’ service scope at the Shinan-Ui project. KESTO will begin servicing Vestas during the construction phase and will continue to deliver service operations once the wind farm becomes operational…
Port of Virginia Advances Capacity with Addition of ULCV Berth
The Port of Virginia is continuing to modernize and expand its operations and recently debuted additional capacity to safely handle simultaneous calls of ultra-large container vessels (ULCVs).In late January, the port put four new, all-electric, Suez-class ship-to-shore container cranes into service at Norfolk International Terminals (NIT). With the expanded crane fleet at NIT, the port now has the capacity to accommodate four ULCVs at once.
American Great Lakes Ports Launch Study to Expand Cargo Shipments
The American Great Lakes Ports Association (AGLPA), including members Ports of Indiana, the Illinois International Port District (IIPD), and Port Milwaukee, in partnership with the Great Lakes St. Lawrence Seaway Development Corporation (GLS), announced today that they will begin a comprehensive market analysis aimed at expanding cargo movement between the Great Lakes and Inland Waterways system.Together…
US Approves License for Texas Deepwater Oil Export Port
The U.S. Transportation Department on Tuesday approved a license for oil transportation and storage company Sentinel Midstream's planned deepwater oil export project off the Texas coast.Transportation Secretary Sean Duffy said in a statement to Reuters the Texas GulfLink project is part of the Trump administration's effort to boost the U.S. oil industry and production and allow for the export of up to 1 million barrels of crude oil per day.
Zelim Appoints Mike Collier as Sales Director
Zelim announced the appointment of Mike Collier as Sales Director, effective January 2026. He will lead the organization’s focus on key sectors globally including the cruise and defense industries.Mike joins Zelim from MARSS, where he led business development for the cruise and defense sectors. As part of his 20-year career, including over six years in the cruise sector at Carnival Corporation, Mike…
Roll Group Expands Fleet with Two Heavy-Duty Deck Barges
Roll Group has announced the purchase of two new barges inIndonesia as part of the company’s ongoing fleet expansion. Built to DNV classification standards, the new barges will enhance Roll Group’s ability to deliver integrated, engineered transport solutions for complex energy and infrastructure developments in the region.The barges are being constructed at a shipyard in Indonesia and will operate under the Indonesian flag, but can be employed around the globe.
Fire Island Ferries: Built for the Fourth Generation & Beyond
Tim Mooney is the third-generation family member at the helm of the iconic Fire Island Ferries. While the company’s primary focus has been moving people to and fro, from the Long Island, NY mainland to the Fire Island barrier communities and beaches, the business has evolved and grown since its start in 1948 via acquisition and organic growth. Mooney discuss the assets, the people and the priorities to safely…
Gladding-Hearn Leverages Grant Funding for Shipyard Safety, Efficiency
Financial support from federal and state agencies helped Gladding-Hearn Shipbuilding, Duclos Corporation, in undertaking capital projects that have made its shipyard operations more efficient and safer.With a Small Shipyard Grant from the U.S. Maritime Administration (MARAD), the yard replaced heavy bi-fold doors on its 12,000 square foot Walker St. facility. It took two cranes and as many as six employees to open the doors…
OrbitMI Appoints Andrew Redfern as Sales Director, Nordics & Americas
OrbitMI, a provider of maritime SaaS software, announced the appointment of Andrew Redfern as Sales Director for the Nordic & Americas region. In this role, Redfern will lead OrbitMI’s commercial growth across Northern Europe, working with shipowners, operators, and commercial teams to deliver measurable operational and financial results.Redfern brings more than a decade of experience spanning maritime technology, commercial strategy, and financial analysis.
Maersk, Hapag-Lloyd to Resume Red Sea Transits with Naval Escorts
Shipping groups Hapag-Lloyd and Maersk will resume some transit routes through the Red Sea and the Suez Canal this month under their shared services network, Maersk said on Tuesday.Shipping companies are weighing a return to the critical Asia-Europe trade corridor after vessels were rerouted around Africa in late 2023 following attacks in the Red Sea, which Yemen's Houthis said were to show solidarity with Palestinians in Gaza.Maersk and Hapag-Lloyd's joint ME11 service, a route connecting India
EU Aims to Boost Local Shipbuilding with New Plan
The European Commission is set to propose measures designed to ensure more vessels and other goods and services for the European Union's shipping sector are made in the bloc, according to a draft document seen by Reuters on Tuesday.The "Made in EU" proposals will be presented next week, a week before the EU executive announces a broader push to prioritise locally manufactured products, a plan that has split EU countries.For shipping, the draft document says the Commission will encourage public a
Armed Boats Attempt to Intercept Vessel in Strait of Hormuz
A group of Iranian gunboats approached a U.S.-flagged tanker in the Strait of Hormuz north of Oman, maritime sources and a security consultancy said on Tuesday.The Iranian boats ordered the tanker, the Stena Imperative, to stop its engine and prepare to be boarded before it could speed up and continue its voyage, maritime risk management group Vanguard said.The vessel did not enter Iranian internal territorial waters and was escorted by a U.S. warship, the maritime risk management group said.
