Danish Shipping Targets Seafarer Training
Danish Shipping has presented its strategy for the coming five years titled “Charting the Course.”Overall, the strategy aims to strengthen Denmark and the Danish flag as the home base for Danish shipping companies, ensure that Danish seafarers’ skills are world-class, drive the sustainable transition of shipping with undiminished ambition, and ensure Danish shipping companies contribute strategically to defence and crisis preparedness.The strategy identifies a number of goals and key targets.
Lila Global Joins INTERTANKO
Lila Global, a ship owner operating crude oil and chemical/product tankers, has joined the International Association of Independent Tanker Owners (INTERTANKO).Lila Global operates eight tankers trading across crude oil and refined product markets. The fleet comprises two crude oil tankers and six product and chemical tankers, classed with leading classification societies.Leading tanker managers in…
Venezuela, US in Talks to Export Venezuelan Oil to US
Venezuelan and U.S. officials are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday.Venezuela has millions of barrels of oil loaded on tankers and in storage tanks that it has been unable to ship due to a blockade on exports imposed by U.S. President Donald Trump since mid-December. The blockade was part of rising U.S.
Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units
Chinese multinational oilfield equipment and services provider Jereh Group has delivered slop treatment units and oil purifiers to CIMC Raffles for Petrobras’ P84 and P85 floating production storage and offloading (FPSO) units, bound for deployment at the Atapu and Sépia fields, off Brazil.The equipment will support slop water and oil separation during deepwater production. The systems are designed to handle complex wastewater streams including deck drainage…
Bourbon Completes Financial Overhaul Under New Ownership
French offshore marine services company Bourbon has completed a financial and capital restructuring, with Davidson Kempner Capital Management LP and Fortress Investment Group becoming its majority shareholders.The restructuring marks the start of a new strategic phase aimed at improving profitability, enhancing organizational efficiency, and expanding market presence. Approved in July 2025 by the Marseille Economic Affairs Court…
Gladding-Hearn Delivers High-Speed Pilot Boat to Maryland Pilots
The Association of Maryland Pilots has taken delivery of a new Baltimore Class pilot boat from Gladding-Hearn Shipbuilding.The vessel is a sistership to the first of its class delivered four years earlier.Built with an aluminum hull and based on the Ray Hunt Design deep-V, the launch measures 48.5 feet long, with a 15.6-foot beam and a 4-foot draft. Powered by twin Volvo Penta D13 diesel engines, the vessel can reach speeds of up to 30 knots…
Dutra Group Reshuffles Top Management
The Dutra Group, a California-based heavy civil marine contractor, has made a series of senior executive promotions across its core operations and newly acquired subsidiary, as it strengthens management capacity to support long-term growth.Bryan O’Sullivan has been appointed chief operating officer of the Dutra Group. An 18-year company veteran, O’Sullivan previously served as vice president of marine construction and will now oversee multiple divisions including dredging…
ABS Grants Approval for Seatrium’s Next-Gen Offshore Substations
The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to Seatrium for its next-generation offshore substation (OSS) design.Seatrium’s design features 500 MW OSS modules, engineered for scalability and aligned with the highest international standards, according to the company.The OSS-500 A substation design is said to offer flexibility across a wide range of water depths, grid configurations…
Kawasaki Heavy Industries to Build World's Largest Liquefied Hydrogen Carrier
Kawasaki Heavy Industries and Japan Suiso Energy have signed a contract to build the world’s largest liquefied hydrogen carrier, marking a step toward the commercialization of an international hydrogen supply chain.The vessel will have a cargo capacity of about 40,000 cubic meters and will be built at Kawasaki Heavy Industries’ Sakaide Works in Kagawa Prefecture. Japan Suiso Energy is the project operator…
