Kongsberg Maritime Launches S-4L Waterjet
Kongsberg Maritime has announced the launch of its new Kamewa S-4L waterjet series with a major contract to supply propulsion systems for Gotlandsbolagetâs next-generation high-speed ferry, Horizon X.The multi-fuel vessel, currently under construction at Austal, is hydrogen-ready and represents a significant step toward sustainable high-speed ferry operations.Horizon X will operate on the busy Gotlandâmainland Sweden route, connecting Visby with Nynäshamn and Oskarshamn.
IMO Launches âPolicy into Practiceâ Campaign
The IMO has launched a two-year global initiative to promote the World Maritime Day theme for 2026-2027: âFrom Policy to Practice: Powering Maritime Excellenceâ. In a video message marking the launch, IMO Secretary-General Arsenio Dominguez stressed that the global regulatory framework developed by IMO must not merely be adopted in principle, but translated into concrete actions and real-world results that deliver tangible benefits for all.âWhen we talk about âpracticeââŠ
U.S. Coast Guard Orders Five Arctic Security Cutters
The U.S. Coast Guard has completed the award of contracts for 11 Arctic Security Cutters with the announcement that Canada's Davie Defense, Inc. will construct two Arctic Security Cutters at Helsinki Shipyard in Finland and three domestically.The contract fulfills President Trumpâs directive to rapidly expand Americaâs icebreaker fleet.The Arctic Security Cutters will defend U.S. sovereignty, secure critical shipping lanesâŠ
Furuno Launches TZMAP Stand-Alone Displays
Furuno is expanding its line with the introduction of the TZMAP9 and TZMAP13, two new stand-alone multi-function displays with built-in TruEcho CHIRPâą fish finders.The new models bring the power of Furunoâs TZ MAPS cartography to smaller vessels desiring to operate from a single display. Designed for boaters who want simplified, reliable navigation without network complexity, these models deliver powerfulâŠ
Odfjell Reports Strong Fourth Quarter Results
Odfjell SE has reported preliminary full-year and fourth-quarter 2025 results, delivering what the company calls a resilient financial result that demonstrates a robust business model.âThe fourth quarter concluded a year dominated by significant uncertainty and more challenging market conditions. The 2025 result is a testament to the strength of our business model, the breath of our contract portfolio, and the relentless focus on safety and efficiency across the organization.
SCHOTTEL to Provide Propulsion for Northern Lighthouse Boardâs New Vessel
SCHOTTEL has been chosen by Spanish shipyard GONDAN to provide the propulsion package for the Northern Lighthouse Boardâs (NLB) newest vessel, POLE STAR. The ship was officially named on January 21, 2026 by Her Royal Highness The Princess Royal, Patron of the Northern Lighthouse Board.Designed to maintain and service lighthouses, buoys, and other marine aids to navigation, POLE STAR requires high maneuverability supported by reliable propulsion.
Meyer Turku Unveils Net-Zero Cruise Ship Concept
Meyer Turku has unveiled a net-zero cruise ship concept design named AVATAR.The project achieved its set emissions reduction target: the vesselâs lifecycle carbon footprint was successfully reduced by more than 90 percent compared to the baseline defined by the IMO.Developing a net zero vessel concept was one of the key objectives of NEcOLEAP, Meyer Turkuâs fourâyear research and development program coâfunded by Business Finland.
Short-Term Tanker Market Shaken Up by Geopolitics
McQuilling Services has released its 29th anniversary edition, 2026-2030 Tanker Market Outlook with the theme: âYou Canât See the Forest for the Trees.âThe report frames the outlook for crude tankers over the next five years. Structural forces (the âforestâ) including: 1) macroeconomic conditions, 2) a weakening US dollar, 3) a commodity price super cycle, 4) emerging market oil demand, and 5) global shipyard capacity constraints are expected to dominate market direction.
Panama Canal, USGBC Sign MOU to Enhance US Agricultural Trade
The Panama Canal and the U.S. Grains & BioProducts Council (USGBC) signed a Memorandum of Understanding (MOU) designed to strengthen their collaboration through the enhancement of global trade with U.S. agricultural products. Under the terms of the MOU, the Panama Canal and USGBC will collaborate on joint market efforts like economic analysis, as well as sharing trade and logistical data. Through this type of cooperation, the partnership will support an increasing international demand for U.S.
Blue Water Announces Andy Tite as Senior Vice President, Projects
Blue Water Shipping has announced Andy Tite as Senior Vice President, Head of Projects, effective July 1, 2026. Andy brings experience, knowledge and insight to the projects industry and will focus on further global expansion at Blue Water.Andy has, for the past six years, held senior management positions at DHL, including most recently Vice President, Global Business Development & Commercial Director, Industrial Projects.
Italy Authorizes Naval Blockades Against Migrant Boats
Italy's cabinet approved a bill on Wednesday authorising naval blockades to halt migrant boats during periods of "exceptional pressure" at the country's borders, a government source said, further tightening measures against irregular arrivals.Since taking office in late 2022, right-wing Prime Minister Giorgia Meloni has moved to speed up repatriations of unsuccessful asylum seekers and introduced stiffer jail terms for human smugglers, in a bid to stem sea crossings.The move comes after the Euro
Saltchuk Acquires GLDD for $1.5B
Great Lakes Dredge & Dock Corporation and Saltchuk Resources, Inc. announced a definitive agreement for Saltchuk to acquire Great Lakes at an aggregate equity value of approximately $1.2 billion and a total transaction value of $1.5 billion.Under the terms of the agreement, which has been unanimously approved by the Board of Directors of both companies, Saltchuk will commence a tender offer to acquire all outstanding shares of the Company for $17.00 per share in cash.
Exail Supports Expanding Saudi Arabia Activity with Riyadh Office
Exail announced the opening of a new office in Riyadh, Saudi Arabia, marking a milestone in its expansion across the Middle East. This new presence reflects Exailâs commitment to strengthening proximity with local customers and partners, and to supporting the development of its activities in the country. By establishing a permanent presence in Riyadh, Exail aims to reinforce customer support, foster long-term partnerships, and better address local operational needs.
First Commercial Biomethanol Bunkering Service in the UK Launches at Port of Immingham
Exolum, Methanex Corporation and Ørsted announced the launch of the United Kingdomâs (U.K.) first commercially ready bio-methanol storage and supply service for shipping at the Port of Immingham. The Port of Immingham is the U.K.âs largest port by cargo volume and a critical gateway for energy and bulk materials, making it an important hub for maritime operations and lowâcarbon fuel supply. The initiative will provide marine bunkering services for bio-methanolâŠ
Inside the Gotland Horizon X: Large, Hydrogen-Ready Catamaran
With a growing focus on mitigating climate change and progressing toward the International Maritime Organizationâs (IMO) 2050 net-zero target, the marine sector is under intense pressure to decarbonize. Today, maritime transport emits nearly one billion tons of CO2 annually, representing roughly 2-3% of all energy-related carbon emissions worldwide .Substantial progress has been made over the pastâŠ
SIT, Seatrium Launch Offshore and Marine Digital Learning Lab
The Singapore Institute of Technology (SIT) and offshore and marine engineering group Seatrium have launched an Offshore & Marine Digital Learning Lab at SITâs Punggol Campus, aimed at accelerating maritime digitalization and supporting the energy transition.The lab builds on a 2024 memorandum of understanding between the two organizations and is supported by cash investments from Seatrium. It is designed as a joint industry-academia platform for applied learningâŠ
Partners Aim to Develop Humanoid Welding Robots for Shipyards
Italian shipbuilding giant Fincantieri has launched an industrial partnership with Generative Bionics aimed at developing a humanoid welding robot designed to operate alongside human workers in shipyard environments. The initiative aligns with Fincantieriâs broader strategy around advanced robotics, physical AI and innovation, core pillars of the Groupâs new Industrial Plan.The collaboration bringsâŠ
Two Mothers Build Legacy for Paige Bell
Two mothers, their familyâs part of the larger Durban community involved in the pleasure yacht industry, are helping to build a legacy for Paige Bell. At age 20, Bell was tragically murdered while working onboard a superyacht in the Bahamas.The two mothers, Charni Johnson and Nikki Coetzer, are working to help other superyacht crewmembers worldwide understand the risks, their rights, and their responsibilities â in her memory.âIn the weeks that followed Paigeâs deathâŠ
Petredec Partners with Carnot on LPG Engine
Carnot has entered a strategic partnership with Petredec, a global leader in the LPG industry, to accelerate the deployment of Carnotâs next-generation engines, using LPG fuels, across the transport, maritime and power generation sectors.The core focus of a Carnot Engine is to deliver world leading engine efficiencies. High efficiency means low fuel consumption which delivers maximum cost and emission savings to operators.A Carnot engine is also designed to operate across a broad range of fuelsâŠ
Molten Salt Technology Validated
Copenhagen Atomics has successfully completed two years of continuous operation of a molten salt pump and test loop at its facilities in Copenhagen. The system has been running without issues under high-temperature molten salt conditions, marking one of the longest continuous durability tests of its kind worldwide.Molten salt reactors rely on pumps to circulate liquid fuel or coolant at temperatures exceeding 600 °C for years at a time.
