Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam
Yinson Production has held a naming ceremony for the floating storage and offloading (FSO) unit PTSC Lac Da Vang ahead of the vessel's deployment to the Lac Da Vang oil project offshore Vietnam.The FSO vessel has been contracted to Murphy Cuu Long Bac Oil, a wholly owned subsidiary of Murphy Oil Corporation, to provide storage and offloading services for the Lac Da Vang field in Block 15-1/05 offshore…
Samsung Heavy Orders LNG Carrier Tanks from GTT
GTT has secured an order from the shipyard Samsung Heavy Industries for the tank design of three new liquefied natural gas (LNG) carriers, on behalf of an American ship-owner.GTT will design the cryogenic tanks of the vessels, each offering a total capacity of 174,000 m3. The tanks will be fitted with the Mark III Flex membrane containment system, a technology developed by GTT.Delivery of the vessels is scheduled for the first and second quarters of 2029.
Markets: When Will Container Shipping Return to "Normal"
"Even if the Strait of Hormuz reopens, significant uncertainty will remain and continue to shape market outcomes,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Key uncertainties include whether the US/Iran agreement will hold, when the Strait of Hormuz (SoH) will fully reopen, whether ships can return to normal Suez Canal routings, and how US import tariffs will evolve once the current 10% emergency tariffs expire at the end of July.To reflect this…
Nord Stream 2 Challenges EU's Russian Gas Phase-Out in Court
The owner of the Gazprom-controlled Nord Stream 2 gas pipeline is suing the European Union in the bloc's second-highest court, seeking to annul the EU's binding phase-out of gas imports from Russia, a public document showed.The EU approved a law this year to halt all Russian gas imports by late 2027, severing ties with Europe's former top supplier in response to Moscow's 2022 invasion of Ukraine.The…
Oman Opens Alternative Hormuz Lanes as Shipping Recovery Continues
Oman said it would keep the Strait of Hormuz open to shipping without imposing any tolls and had designated two temporary routes north and south of the existing shipping lane to facilitate the safe passage of vessels departing the region.In coordination with the International Maritime Organization, Oman established temporary maritime corridors to help ships leave the area safely amid heightened security risks.The Strait of Hormuz…
Phoenix Successfully Completes Emergency Underwater Hull Repair
Phoenix International Holdings, Inc. announced the successful completion of an emergency underwater repair operation on a foreign-flagged bulk carrier that had run aground in the Gulf of America.In early April, Phoenix mobilized a team of commercial divers to Pascagoula, Mississippi, to assess and repair damage to the vessel's hull. Upon arrival, the team conducted a detailed underwater inspection…
HDI Global Reorganizes US Operations, Welcomes New CEO
As part of its new group strategy Xcelerate29, HDI Global (HDI) announced a new organizational setup and leadership changes in its US business.In line with the Xcelerate29 strategy, HDI Global is pursuing growth in the US market. To meet the requirements of the coming years, HDI is reorganizing its US operations with the clear objective of bringing underwriting, claims, and service teams closer to brokers and clients. Shadi Albert will assume the role of CEO of HDI Global US as of July 13.
BRIX Marine Delivers Custom Offshore Passenger Catamaran for FunToSee Island
BRIX Marine has delivered It's About Time, a custom-built 4818-HTC Offshore passenger catamaran from the company's PaxCat lineup, built for FunToSee Island Ferry of Castries, St. Lucia. This marks the second vessel BRIX Marine has built for FunToSee Island, continuing a growing partnership between the two companies.FunToSee Island operates St. Lucia's premier airport water ferry service, connecting…
Vessel Maintenance Demands Rise, IMCA Urges Focus on Diver Safety
The International Marine Contractors Association (IMCA) has reminded vessel owners and operators of the significant risks associated with underwater ship husbandry (UWSH) operations as activity in the Strait of Hormuz increases.As vessels begin returning to service following extended periods at anchor, demand for hull cleaning, inspection, and maintenance has risen sharply. These activities, commonly grouped under UWSH…
Anschuetz Adds Generic Overlay for SYNAPSIS ECDIS NX
Anschuetz has added the Generic Overlay feature, which extends SYNAPSIS (W)ECDIS NX by enabling the direct display of external, geo-referenced data within the chart. Third-party systems can provide their information as overlay layers, visualized seamlessly alongside standard navigational data in a consistent spatial context.Based on a standardized, generic interface, external applications can be connected…
Chinese Advanced Aircraft Carrier Passes Through Sensitive Taiwan Strait
China's newest and most advanced aircraft carrier, the Fujian, sailed through the Taiwan Strait on Tuesday, the Taiwanese defence ministry said, the first such mission in the sensitive waterway since April.Taiwan, which Beijing views as its territory, reports almost daily Chinese military activity around the island in what Taipei views as an ongoing pressure campaign against the democratically elected government.In a brief statement…
Gulf Tanker Rates Nearly Double as Middle East Exports Ramp Up
Oil tanker operators are reaping record profits after nearly doubling the hire cost of vessels going through the Strait of Hormuz and wider Gulf region this week on rising demand as traffic through the waterway slowly picks up, according to shipping data and sources.Traffic through the vital strait has been modest since Iran lifted its effective blockade last week after agreeing to a 60-day ceasefire with the U.S.…
Oman, Iran Discuss Managing Strait of Hormuz Navigation
Oman and Iran agreed on Tuesday to press on with discussions about the future administration of navigation in the Strait of Hormuz, including maritime services in the strategic waterway and the costs associated with them.In a joint statement issued after talks in Muscat, the two countries said a joint working group involving their foreign ministries would be formed to continue the discussions and that…
More Vessels Pass Through Hormuz, Empty LNG Tankers Return
Three stranded supertankers passed through the Strait of Hormuz on Tuesday, while seven empty Qatar-linked liquefied natural gas tankers have entered in recent weeks in an early sign Gulf gas shipping may be resuming, ship-tracking data showed.Iranian-linked tankers also continued to transit the vital waterway, according to the data, with traffic picking up on Monday as U.S.-Iran talks progressed.The first round of talks…
Evacuation Plan Underway for Vessel Stranded in Strait of Hormuz
An evacuation plan to enable hundreds of ships with some 11,000 seafarers stranded in the Gulf to sail through the Strait of Hormuz is underway after Iran and the U.S.
Concordia Damen Delivers Century Star Cruise Ship, First for the European Market
Dutch specialized shipbuilder Concordia Damen has delivered the Century Star to Century Cruises. The vessel is the first river cruise ship that the China-based cruise line has had built specifically for the European market and marks the start of a series of three sister ships. The Century Star will sail on the Danube from September 2026, with itineraries on the Rhine to follow at a later date.The vessel was built in collaboration with United Waterways…
Sailors' Society to Roll Out Seafarer Wellbeing Program
Global maritime charity Sailors' Society has announced a partnership with insurance giant NorthStandard to roll out its Sea Mate training to the P&I club's Members. The partnership prompts a sea change in seafarer care with a dramatic increase in the number of Wellbeing Officers on board ships.Sea Mate is an interactive training program that equips seafarers with a specialist set of skills. They serve as key support figures…
Caterpillar’s C32B: Six Years on the River Proves the Point
For inland towboat operators, engine selection is rarely about chasing the newest technology. Reliability, uptime, serviceability and lifecycle cost remain the metrics that matter most. Caterpillar Marine's new C32B engine is a 1,000-hp platform designed specifically with the demands of continuous-duty commercial operations in mind.While the C32B’ss origins can be traced to Caterpillar's pursuit of higher power density in the yacht and sportfishing markets…
Marlink Expands Partnership with Oldendorff through Starlink Deployment
Maritime connectivity provider Marlink has expanded its long-standing partnership with dry bulk shipping company Oldendorff Carriers by integrating Starlink low Earth orbit (LEO) connectivity across the company's owned vessels.The agreement extends Marlink's connectivity services across more than 80 Oldendorff-owned ships, integrating Starlink LEO services with existing geostationary (GEO) VSAT and mobile satellite services (MSS) backup systems.Under the expanded arrangement…
How the U.S. Coast Guard is Shaping the Future of Maritime Nuclear Power
Looking back at history one could argue that it was French author Jules Verne in his book “20,000 Leagues Under the Sea”, published in 1869, who was speculating about a new power source much in the same out of the box thinking that H.G. Wells employed when he wrote about inter-planetary flight in “War of the World’s. Verne was writing about “electricity” from batteries using seawater which he created…
