Fincantieri, Teijin Partner on Composite Bulkheads for Ships
Fincantieri and Teijin Automotive Technologies have signed an agreement to develop non-structural composite bulkheads for maritime vessels, as shipbuilders seek lighter materials and new design solutions for civil and naval ships.Under the memorandum of understanding, Teijin Automotive Technologies, a European unit of Japan’s Teijin, will lead engineering and industrialization activities with support from Italy’s Fincantieri…
MOL Inks First Annual LNG Bunkering Deal for Car Carriers in North America
Mitsui O.S.K. Lines (MOL) has signed its first annual contract for liquefied natural gas (LNG) bunkering for car carriers at the Port of Vancouver, expanding LNG fuel supply arrangements for its growing fleet of LNG-fueled vessels operating on North American trade routes.The agreement with Canada-based Seaspan Energy follows MOL’s first LNG bunkering operation on the west coast of North America in March 2025…
GTT Gets Design Work for Industry-First Three-Tank LNG Carriers
French engineering firm GTT has been selected by HD Korea Shipbuilding & Offshore Engineering (HD KSOE), on behalf of the ship-owner BW LNG, for the tank design of the world’s first large-scale LNG carriers featuring a three-cargo-tank configuration.This new design will equip four new buildings - two vessels already ordered in November 2025 and two additional vessels ordered in May 2026.The four LNG…
Oil Prices Rise as Iran Talks Stall and Inventories Shrink
Oil prices edged higher on Thursday, as investors monitored peace talks between the United States and Iran, while supply tightness and U.S. inventory drawdowns provided some support.Brent crude futures LCOc1 rose 40 cents, or 0.4%, to $105.42 a barrel by 0809 GMT, and U.S. West Texas Intermediate futures CLc1 were up 50 cents, or 0.5%, at $98.76.Both benchmarks dropped around 5.6% on Wednesday to their…
IMO Releases Revised Rescue Guide
UNHCR, the UN Refugee Agency, the IMO, and the International Chamber of Shipping (ICS) have released a revised Rescue Guide, a tool to help all partners uphold the humanitarian and legal duties to rescue refugees and migrants in distress at sea and bring them to safety.The revised edition of Rescue at Sea: A guide to principles and practice in the context of refugee and migrant movements comes as tragic…
Rio Tinto Ships Eight Billionth Tonne of Iron Ore from the Pilbara
Rio Tinto has celebrated the shipment of 8 billion tonnes1 of iron ore to global markets from the Pilbara region, 60 years after the company’s first shipment set sail from Western Australia for Japan.The milestone shipment departed from Cape Lambert port aboard the Juno Horizon on May 19, bound for Nippon Steel Corporation, one of Rio Tinto’s longstanding partners.Rio Tinto’s first Pilbara iron ore…
DLR Celebrates Keel-Laying of Seagoing Technology Platform
The German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt; DLR) has celebrated the keel-laying of its seagoing technology platform at the FSG Shipyard in Flensburg.The ship, named Modularis, will serve as a floating laboratory for innovative maritime technologies. The name combines the adjective 'modular' with the Latin noun 'maris' ('of the sea'), reflecting how DLR intends to use the…
Third VLCC Exits Strait of Hormuz
Three supertankers were crossing the Strait of Hormuz on Wednesday carrying oil bound for Asian markets, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude on board, while another was entering, shipping data on LSEG and Kpler showed.The ships are among a handful of supertankers exiting the Gulf this month via a transit route that Iran has ordered ships to…
Agnico Eagle CEO Bets on Arctic Barge Shipping for Hope Bay Gold Mine
The world's second-largest gold miner, Agnico Eagle, is counting on barge transport through the Northwest Passage to keep the cost of producing gold in its Hope Bay Mine under $1,000 per ounce, Agnico Eagle CEO Ammar Al-Joundi told Reuters, as it attempts to lead a mining revival in Canada's remote Arctic.Agnico Eagle announced on Tuesday that it will invest $2.4 billion to revive the Hope Bay mine in Nunavut…
GO Searcher Multi-Purpose Vessel Returns to Guice Offshore Fleet
Guice Offshore, a leader in the offshore maritime mini supply vessel specialty market, announced the return of GO Searcher to its fleet, bringing the total number of Guice Offshore-owned vessels to 19.The GO Searcher, which has played a role in pioneering aerospace operations since 2014, is a 170-ft. multi-purpose DP1 vessel featuring a helipad. She is dually certified Subchapter L&I, as well as approved…
SAAM Towage to Acquire Five New Tugs from Sanmar Shipyards
SAAM Towage, a leading provider of marine support services in the Americas, has signed an agreement with Türkiye-based Sanmar Shipyards to acquire five new tugboats. The vessels will be gradually added to its fleet as part of its investment and fleet renewal plan.This new agreement builds on the long-standing relationship between SAAM and Sanmar Shipyards, which has already built 13 tugboats for the company.The vessels…
UAE Oil Pipeline to Bypass Hormuz Reaches 50% Completion
The UAE's new crude pipeline bypassing the Strait of Hormuz is about 50% complete, the head of ADNOC said on Wednesday, adding that global oil flows may take at least four months to recover to 80% of pre-conflict levels after the Iran war ends.Tehran has largely kept the waterway critical for global oil and gas supplies shut to all ships other than its own since U.S.-Israeli strikes on February 28…
UK Defers Russian Crude Diesel, Jet Fuel Import Ban
Britain said on Wednesday it will continue to allow imports of diesel and jet fuel refined from Russian crude in third countries, deferring a ban first announced in October, to help the country cope with supply issues caused by the Iran war.The decision was criticised by lawmakers in Britain and Ukraine who accused the government of easing pressure on Russia and backtracking on promises to stop Moscow profiting from oil production to fund its war with Ukraine.Prime Minister Keir Starmer said the
cruisePAL to Provide Safety Management System Modules to Mercy Ships
cruisePAL has announced a strategic partnership with Mercy Ships, the international non-governmental organization dedicated to delivering free, lifechanging surgical care and medical training worldwide.cruisePAL will provide its comprehensive core SMS (Safety Management System) modules to support Mercy Ships’ two world-class hospital vessels—the Africa Mercy and the GlobalMercy—as well as their International Support Center (ISC).Given the unique operational environment of a floating hospital…
DNK Launches Program for Assured Positioning, Navigation and Timing Services
Den Norske Krigsforsikring for Skib (DNK) has launched a program to provide members access to Assured Positioning, Navigation and Timing (A-PNT) services to counter the growing risk of jamming and spoofing.DNK, Norway’s leading war risk mutual insurance provider, has launched a program to offer members advanced systems to protect against the growing threat of Global Navigation Satellite System (GNSS) signal interference.
Dassault Systèmes, iHawk Deploy Virtual Twin Technology for Autonomous Cargo Operations
Dassault Systèmes announced the real-world deployment of its virtual twin technology for autonomous cargo operations with Singapore-based deep-tech startup iHawk Global. The system is currently being piloted at an active 50,000 sqm container yard in Singapore, where autonomous aerial drones and ground rovers work together to capture live inventory data and provide operators with real-time asset visibility.
DNV Launches Hydrogen Fuel Recommended Practice
DNV has released a new recommended practice (RP) for hydrogen as ship fuel. It outlines the competence requirements for crew, inspectors, and technical personnel to support the proper handling of hydrogen systems on board ships.Hydrogen is gaining traction as a marine fuel, with seven vessels currently in operation and another 30 in the orderbook. However, several safety barriers like hydrogen leakage…
Lloyd’s Register Launches LXF Consortium to Standardize Container Stowage Data
Lloyd’s Register (LR) has helped establish a new industry consortium aimed at ending the fragmented way container stowage and lashing data is shared across the sector. The Lashing Exchange Format (LXF) Consortium brings together major classification societies and key software developers to create a common digital standard for transferring data used in container securing arrangements and lashing calculations.
Lincoln Electric Debuts Aluminum MIG Welding System
Lincoln Electric introduced the AlumaFab aluminum MIG welding system, a purpose-built solution designed to simplify and optimize high-volume aluminum welding. Developed through a partnership with MK Products, the AlumaFab system combines wire feeding with proven power source and waveform technology, designed to provide smooth, consistent wire delivery and superior arc control.The AlumaFab system is designed to make aluminum welding easy by providing a stable…
Matta Steps Up to Lead Bollinger Houma Shipyards
Bollinger Shipyards announced the retirement of Rich Murphy as Vice President and General Manager of Bollinger Houma Shipyards and the appointment of Mark Matta Sr. as his successor, effective this week.Houma Shipyards is one of Bollinger's flagship facilities, with active work across the Navy's TATS and LSM programs, the National Science Foundation's RCRV program, and the Coast Guard's ASC program.Murphy joined Bollinger in July 2013 following a 30-year career in the United States Coast Guard…
