Verlume Evolves Leadership to Support Next Phase of Growth
Following three consecutive years of revenue growth and expanding international demand for efficient offshore power delivery, Verlume is evolving its leadership structure to support its next phase of global expansion transitioning from technology commercialization to global scale-up.After founding Verlume and leading the company as CEO for 13 years, Richard Knox will transition into the role of Founder-CTO.
IMO Secretary-General Urges De-Escalation, Seafarer Protection
Member States of the International Maritime Organization are gathering in London, United Kingdom to discuss the impact on shipping and seafarers in the Arabian Sea, the Sea of Oman and the Gulf region, particularly in and around the Strait of Hormuz. IMO Secretary-General Mr. Arsenio Dominguez delivered the following opening remarks:"Good morning distinguished delegates.Welcome to the 36th extraordinary session of the Council.
Lloyd's Register, OneOcean Report Warns Shipping Must Master Data to Remain Competitive
Shipping companies must improve how they collect, structure and use operational data if they are to remain competitive in an increasingly regulated and digital operating environment, according to new research from Lloyd’s Register (LR) and OneOcean. The report, Mastering maritime data for competitive advantage, launched March 18 at the Smart Maritime Network Conference in Athens, argues that while the maritime sector is generating more operational information than ever before…
Chicago Propeller Club to Host Author John U. Bacon for Edmund Fitzgerald Event
The Chicago Propeller Club has announced its first event of 2026, featuring author John U. Bacon discussing his book The Gales of November and the enduring story of the SS Edmund Fitzgerald.The event will take place on April 14 at the Guinness Open Gate Brewery in Chicago’s West Loop and will include a live conversation between Bacon and Tom Wiater, President of Central Marine Logistics.Bacon’s book is regarded as the definitive account of the loss of the Edmund Fitzgerald…
Coast Guard Carries Out Medevac from Container Ship off Cork Coast
The Coast Guard have completed the urgent medical evacuation of a crew member from a container ship, the Eagle 2, which was 110 nautical miles south west of Castletownbere, Co. Cork. The medevac took place earlier today at 4.30pm. Valentia Coast Guard coordinated the medevac tasking the Coast Guard helicopter R115 and fixed-wing R120F. Sea conditions were reported as challenging. The casualty was transferred to the National Ambulance Service just before 6pm.
From the Lakes, on the Lakes & for the Lakes: Captain Paul C. LaMarre III
For Capt. Paul C. LaMarre III, the maritime industry isn’t a career choice as much as it is a family inheritance — and, in his words, “all I’ve known my entire life.” In a recent interview with Maritime Reporter TV, Captain LaMarre gives unique insights on the operating efficiently, effectively and safely on the Great Lakes system – the United States’ ‘Fourth Sea’ – and with passion, intellect and purpose advocates for a strong U.S.
Energy Flow Stressed with Fujairah Port, Shah Gas Field Attacks
Oil loading at the United Arab Emirates port of Fujairah was at least partly halted after a third attack in four days caused a fire at the export terminal, while operations at the Shah gas field remained suspended after an earlier attack.The cascading disruptions threaten to completely sever the OPEC producer's remaining crude export outlet from global markets, potentially deepening a crisis that has sent energy prices surging.The UAE's other export hubs are located within the Gulf…
$112M Offshore Vessel Acquisition Finalized
Next Geosolutions has finalized financing to support the acquisition of a new offshore vessel, strengthening its fleet and subsea service capabilities as demand grows in the offshore energy sector.The Italy-based marine geosciences and offshore construction support specialist said it has secured backing from Intesa Sanpaolo and Cassa Depositi e Prestiti (CDP) for the purchase of the vessel Siem Day, which will be renamed NG Supporter.
Offshore Vietnam: Energy Imports Rise as Domestic Production Falls
Vietnam's domestic crude oil production is expected to decline this decade, according to a government document released this week, increasing the country's reliance on imports as its offshore fields mature and geopolitical tensions threaten global supplies.The new forecasts for dwindling oil output come as Vietnam, a regional industrial hub hosting large manufacturing operations of electronics and garment multinationals, is bracing for oil shortages caused by the U.S.-Israeli war on Iran and sub
Bridging the Data Divide: How AI Will Rewire Maritime, Port Ops
With the rapid evolution of Artificial Intelligence, it’s fair to say there is more misunderstood than understood, particularly in conservative markets like maritime and ports. Adalberto ‘Berto’ Ponce, Co-Founder and CEO Of AI Strategic Solutions discusses with Maritime Reporter TV his organization’s experiences in working with ports and port facilities to help make operations more efficient and diversify revenue.
Flex LNG Secures Long-Term Vessel Extensions, Contract Backlog
Flex LNG Ltd. has secured new long-term charter extensions for two LNG carriers while confirming the start of a major multi-year contract for another vessel, further strengthening its forward revenue visibility.The company said a supermajor charterer has exercised a second extension option for the Flex Resolute and Flex Courageous, adding 730 days to each contract and extending their employment through the first quarter of 2029.
Bauxite Shipments up 16% but Outlook Uncertain
"During the first 11 weeks of 2026, bauxite shipments have surged 16% y/y, driven by strong Chinese demand for Guinean cargoes. Guinean bauxite has remained highly competitive, accounting for 79% of shipments and pushing non-Guinean bauxite shipments down 3% y/y. Bauxite has been one of the fastest growing dry bulk commodities, growing 10% on average between 2021 and 2025,” says Filipe Gouveia, Shipping…
Onboard Fuel Reforming System Pilot Planned for Multi-Fuel Engines
lomarlabs has entered a collaboration with Blaze Energy to pilot a third-generation, compact, engine-integrated fuel reformer designed to accelerate the practical adoption of alternative fuels in commercial shipping.The collaboration will culminate in a pilot installation onboard a Lomar vessel, enabling Blaze Energy to validate its multi-fuel reforming system, under real marine operating conditions.
IMPA Makes the Case Against Competition in Maritime Pilotage
The International Maritime Pilots’ Association (IMPA) is calling attention to the consequences of deregulation and competition in maritime pilotage:Maritime pilotage is a public, not commercial, service that exists for the safety of navigation — protecting people, the environment and trade, says IMPA. Some jurisdictions are tempted by the idea that deregulation and competition deliver a better service…
Ports of Indiana Opens Ireland Trade Office
Ports of Indiana has opened its first international trade office in Ireland to grow cargo shipments and support the launch of a direct Europe-Indiana container service. Maritime trade veteran, Brian Dooley, will lead the new European Trade Office, based in Cork and Kildare, Ireland.In 2024, Ireland made $32.4 billion of shipments to Indiana, according to the World Institute for Strategic Economic Research, more than triple any other country’s total.
Interferry Says Vessel Differences Need Consideration in Fire Regulations
On March 9, the IMO sub-committee on Ship Systems and Equipment convened for its 12th session (SSE12), and DNV reports that the action plan to evaluate the adequacy of fire protection, detection and extinction arrangements in vehicle, special category and ro-ro spaces was revised in order to reduce the fire risk of ships carrying new-energy vehicles.The group agreed to give priority to the development…
US Aircraft Carrier Ford Suffers Laundry Fire
The U.S. aircraft carrier Gerald R. Ford, deployed in operations against Iran, is expected to temporarily pull into port after a fire on board, U.S. officials said on Tuesday, the 18th day of the war with Tehran.The carrier, America's newest and the world's largest, is currently located in the Red Sea. It is expected to temporarily go to Souda Bay on the Greek island of Crete, the two officials said.The warship has been deployed for nine months…
GTT Receives Hudong-Zhonghua Shipyard Order for LNGC Tank Design
GTT announces that it has received, in the first quarter of 2026, an order from the shipyard Hudong-Zhonghua for the tank design of four new Liquefied Natural Gas Carriers (LNGCs) on behalf of a European ship-owner.GTT will design the vessels’ membrane containment systems, each offering a total capacity of 174,000 m³.
Advanced Navigation Raises $110M Series C to Support Increased PNT Technology Demand
Advanced Navigation, a leader in navigation and autonomous systems, announced it has successfully raised $110 million in a Series C funding round. The raise marks a shift in the global autonomy race as national demand for alternative Positioning, Navigation, Timing (PNT) technologies reaches an all-time high.The round was led by Airtree Ventures, with participation from Quadrant Private Equity and the National Reconstruction Fund Corporation (NRFC).
America’s Ports, Harbors, and Waterways: Dredging, Resolve and the Will to Build
America’s maritime infrastructure is measured in draft depth, vessel clearance, sediment management, and days available to dredge. If the United States is serious about competing in a century defined by supply chains, energy exports, and sealift readiness, then ports, harbors, and waterways must move from being in the background to becoming part of the national strategy.The Dredging industry and it importance to the U.S.
