Deltamarin, Offshoretronic to Design Monopile Installation Vessel
Finnish ship design house Deltamarin has joined forces with Barcelona-based engineering and vessel design office Offshoretronic in an Exclusive Engineering Consultant Agreement to develop what will be the world's largest jackup Monopile Installation Vessel (MPIV), named the VITRUVIAN Class, through to shipyard-ready status.The concept is a direct response to a capability gap in the offshore wind sector.
Anschütz Launches Standard 100 MF at SMM 2026
At this year’s SMM, Anschütz introduced the Standard 100 MF to the market for the first time, marking the next step in the evolution of its gyrocompass portfolio. With the Standard 100 MF, Anschütz brings vibrational gyro principles derived from hemispherical resonator gyro (HRG) systems such as the Standard 30 MF to a broader range of commercial vessels. The system applies these proven principles in a simplified, low-complexity design, supporting stable and reliable heading in daily operation.
Iran Reaches Seven Weeks Without Crude Exports Due to US Hormuz Blockade
For the first time on record, Iran has gone about seven weeks without shipping meaningful crude exports through the Strait of Hormuz, as a U.S. naval blockade succeeds where years of sanctions failed by cutting off one of Tehran's main sources of foreign-currency earnings. Unlike previous sanctions campaigns, when Iranian crude continued reaching buyers despite restrictions, the current blockade has stopped fresh crude cargoes reaching China…
North American Blue Energy Partners to Take Over Some Venezuelan Oilfields
U.S. oil company North American Blue Energy Partners will take over some oilfields previously controlled by several Chinese companies and a Russian firm, two U.S. officials told Reuters on Monday.The takeover will be part of a sweeping oil production agreement that President Donald Trump announced with Venezuela, they said.The projects were among 14 contracts newly granted to U.S.-backed North American Blue Energy Partners, according to the officials. NABEP was previously owned by U.S.
Deep Sea Specialist Team Joins Search for Capsized Ferry Offshore Cyprus
A specialist team from Turkey equipped to search deep waters started work on Tuesday to pinpoint the wreckage of a ferry thatcapsized off northern Cyprus on Sunday, with 20 people still missing.At least eight people died when the twin-hulled vessel started taking in water and overturned shortly after leaving the port of Kyrenia with 267 passengers and crew on board.The Turkish navy rescue vessel has a remotely operated vehicle able to search the deep water where the ferry sank…
Saudi Oil Tankers Attacked in Strait of Hormuz
Two supertankers carrying Saudi oil were struck by unknown projectiles within minutes of each other while transiting outbound through the Strait of Hormuz late on Monday, according to shipping intelligence and tracking firms Marisks and Kpler."The near-simultaneous incidents represent a further escalation in the threat environment within the Omani corridor," Marisks said.The tankers each loaded 2 million barrels of Saudi crude at the Juaymah terminal last week, Kpler data showed.
Vanuatu Tries to Raise Island Dispute with France to Top UN Court
The small Pacific Island state of Vanuatu is trying to bring a decades-old dispute with France over two uninhabited islands before the International Court of Justice, the United Nations' top court said on Tuesday.The ICJ, also known as the World Court, will not immediately accept the case because France has not agreed to so-called compulsory jurisdiction of the ICJ over its disputes with other states.
Orca AI Defense Opens First US Office at Virginia Beach International Incubator
Virginia Beach Economic Development (VBED) announced that Orca AI Defense, the U.S. subsidiary of global maritime technology company Orca AI, has established its first U.S. office as a new tenant of the Virginia Beach International Incubator.Headquartered in London, Orca AI has developed AI-powered maritime navigation technology that enhances situational awareness, improves vessel navigation, and helps prevent collisions.
PIRIOU Delivers Third Wind-Powered Cargo Ship to NEWTOWT
Earlier this summer, PIRIOU delivered the Atlantis to NEWTOWT, a new French shipping company formed after the takeover of TOWT. As the third sailing cargo vessel in the fleet and the first vessel delivered to the new shipowner, the Atlantis joins the Anémos and Artémis, both of which were delivered by PIRIOU in 2024.After leaving the PIRIOU shipyard in Vietnam in early August, the Atlantis is currently making a stopover at Le Port in Reunion Island to take on supplies at Quay 8…
MacGregor Opens Service Engineer Hub in Trieste, Italy
MacGregor is opening a new service engineer hub in Trieste, Italy on September 1, 2026. The new site enhances MacGregor’s global service network by adding another central location to serve our customers’ fleet while significantly increasing our engineer capacity in the European region.The location of the new hub was selected after a thorough assessment, which proved that in addition to being a central location from the perspective of customer service…
Inmarsat Maritime Launches Maritime Safety Data Hub
Inmarsat Maritime, a Viasat company, has launched a new Maritime Safety Data Hub, providing the maritime industry with unique insights as well as direct access to the comprehensive analysis of risks shaping global shipping.Drawing on a dataset combining three years of Global Maritime Distress and Safety System (GMDSS) data with an industry-first analysis of 106,975 maritime safety broadcasts transmitted in 2025, the new platform offers visibility into the conditions influencing maritime risk.
NYK and Stolt-Nielsen Establish Joint Ownership of Avenir LNG
Following receipt of the relevant regulatory clearances, NYK has completed the acquisition of a 50% stake in Avenir LNG Limited. The stake was acquired from Stolt-Nielsen Gas Ltd., a wholly owned subsidiary of Stolt-Nielsen Limited (SNI), which previously held 100% ownership of Avenir LNG.With the completion of the transaction, NYK and SNI have established a joint ownership and operating structure for Avenir LNG…
Iran Creates Oil Bonanza for the Americas
From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change.Oil production in the Americas has become a viable alternative to the Middle East's vast hydrocarbon resources since the outbreak of the Iran war and the closure of the Strait of Hormuz six months ago…
Trump's Deal with Venezuela Raises Red Flags for Some
An unprecedented deal for the U.S. to gain access to a fifth of Venezuela's oil reserves - and the central role a Venezuelan businessman will play - is prompting questions and hesitation from some oil companies evaluating potential investments in the country, sources familiar with the situation told Reuters.A White House fact sheet released late on Monday outlined an arrangement under which private…
