Vaisala Launches Cybersecure, Module Offshore Weather Station
Vaisala, a global leader in measurement technology, launched Maritime Automatic Weather Station AWS830, a new weather monitoring solution for maritime and offshore environments. AWS830 delivers weather, environment, oceanographic, and motion data to Vaisala's offshore and maritime weather systems, including Vaisala Helideck Monitoring System and Vaisala met-ocean system. Vaisala AWS830 delivers wind speedâŠ
Meyer Werft's "Vision": A Battery-Electric Cruise Ship Concept
German shipbuilder Meyer Werft has introduced a concept for what it says would be the worldâs first fully battery-electric cruise ship exceeding 80,000 gross tons, signaling a bold step forward in the industryâs push toward decarbonization.The concept, dubbed âVision,â was unveiled at Seatrade Cruise Global in Miami. According to the yard, the 275-meter vessel would accommodate 1,856 passengers andâŠ
âWorldâs Firstâ Ammonia Dual-Fuel Ocean Carriers Named in South Korea
Belgian shipowner Exmar has named two ocean-going ammonia dual-fuel midsize gas carriers, said to be the worldâs first, marking a milestone in the development of low-emission shipping.The two vessels, ANTWERPEN and ARLON, were built in South Korea in cooperation with HD Hyundai as part of a multi-year development programme.Each vessel has a cargo capacity of about 46,000 cubic metres, including 45,000 cubic metre cargo tanks and two 500 cubic metre deck tanks.
US Grants $70M to Port of Los Angeles for Maintenance Projects
The Port of Los Angeles said it has secured about $70 million in federal funding for harbor maintenance and infrastructure upgrades, marking its largest allocation to date.The funding, provided by the U.S. Army Corps of Engineers from the Harbor Maintenance Trust Fund, will support projects including dredging, seismic upgrades and navigational safety improvements.The San Pedro Bay port complex, which includes Los Angeles and Long BeachâŠ
Northern Lights Adds Third CO2 Carrier to Expand CCS Network
The Northern Lights JV has added a third liquefied carbon dioxide (LCO2) carrier to its fleet, as it expands transport capacity for Europeâs carbon capture and storage (CCS) network.The vessel, Northern Phoenix, was formally welcomed in Bergen and will support the scaling of cross-border CO2 transport under the Northern Lights project.Designed to transport liquefied CO2, the ship will carry captured emissions from Yara to the Northern Lights receiving terminal in ØygardenâŠ
Stolt-Nielsen Navigates Rising Uncertainty in 1Q26
Stolt-Nielsen Limited opened 2026 with a solidâif more temperedâfinancial performance, underscoring both the resilience of its diversified logistics portfolio and the mounting pressures facing global chemical shipping markets.The London-based group reported first-quarter revenue of $716.8 million and net profit of $47.5 million for the period ending February 28, 2026, compared to $675.6 million and $151.4 million, respectively, in the same period a year ago.
Tanker Vessel Futures Fly High on Demand
"By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global fleet, the highest ratio since 2011. The order book has been boosted by higher newbuilding contracting throughout the 2020s and most recently by the highest quarterly crude tanker contracting in history,â says Filipe GouveiaâŠ
Shippers Cautious on Hormuz Passage, Seek Clarifications
Shippers on Wednesday said they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran said the waterway remained closed to vessels sailing without a permit.The sixâweek conflict had brought traffic through the strait - a chokepoint for about 20% of global oil and liquefied natural gas (LNG) shipments - close to a standstill, pushingâŠ
Four Dead After Migrant Boat Sinks Off French Coast
Four people died after a small boat carrying migrants seeking to reach Britain sank in the Channel and a search and rescue operation was underway, French local authorities said on Thursday."A taxi-boat sinking occurred today. The situation is still being assessed and remains subject to change," local French authorities in Calais said in a press statement.In the past year, traffickers have taken toâŠ
Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks
Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted.Brent crude futures LCOc1 were up $2.18, or 2.3%, at $96.93 a barrel at 0645 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 rose $3, or 3.18%, to $97.41 a barrel.Both benchmarks fell below $100 per barrel in the previous trading sessionâŠ
Glencore, Taiwanâs CPC Charter Tankers as Hormuz Reopens
Commodities trader Glencore and Taiwan's state refiner CPC have chartered a tanker each to load Middle Eastern crude for Asia, while vessels in the Gulf are preparing to exit via the Strait of Hormuz, a day after the ceasefire in the U.S.-Iran war.The two-week truce hinges on letting ships pass through the strait, a chokepoint for about 20% of global oil and liquefied natural gas (LNG) shipments brought to a near standstill by the six-week conflictâŠ
Ethical Farming Ireland Objects to Pregnant Heifer Shipping
Ethical Farming Ireland (EFI) has launched a new billboard campaign to raise awareness of pregnant dairy heifers being shipped to Algeria.The first shipment of pregnant dairy heifers left Waterford Port for Oran and Algiers ports in Algeria on January 4, 2025, and there have been three more shipments since.âAlgeria is building its dairy sector so is in need of good quality milking cows. IronicallyâŠ
Energy Workforce & Technology Council March Report Shows Rebound in Energy Services Employment
The Energy Workforce & Technology Council released its March 2026 jobs report, showing a modest rebound in energy services employment following declines earlier in the year.Energy services employment totaled 627,018 jobs in March, an increase of 1,877 positions from February, according to preliminary data from the Bureau of Labor Statistics (BLS) and Energy Workforce analysis.Marchâs gains reflect a measured increase in activity across the sectorâŠ
The Week the Arctic Slipped South
With powerful winter storms, itâs easy to focus on whatâs happening at the surface: snowfall totals, wind chills, and travel impacts. But the real story often begins thousands of miles away, high in the atmosphere, long before the first flakes ever fall.In March 2026, a major winter storm swept across the Midwest United States, and it didnât start with snow or wind at all. It started with a subtle shift far to the northâŠ
Schneider Electric, Microsoft Collaborate on Autonomous Production
Schneider Electric, a global energy technology leader, is deepening its collaboration with Microsoft to help make it easier for industrial companies to modernize their operations, break free from proprietary legacy systems and deploy AI-powered automation at scale.A Collaboration Built to End Legacy DragThe Schneider Electric collaboration with Microsoft combines Schneider Electricâs role as a global energy technology partner and pioneer of openâŠ
Bangladesh Looks to Purchase Increased Fuel From India
Bangladesh on Wednesday sought to increase fuel purchases from India, as foreign minister Khalilur Rahman made the new government's first ministerial visit to New Delhi, a further sign that strained relations between the two countries may be easing.During his two-day trip, Rahman held talks with Indiaâs External Affairs Minister S. Jaishankar and Petroleum and Natural Gas Minister Hardeep Singh PuriâŠ
Shippers Look For Clarity on Reopening Hormuz After US-Iran Ceasefire
Shippers said on Wednesday they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran issued fresh warnings about any vessels attempting to sail through the waterway.The sixâweek conflict had brought traffic through the strait - a chokepoint for about 20% of global oil and liquefied natural gas (LNG) shipments - close to a standstillâŠ
Kongsberg Maritime to Supply Waterjets for Indian Navyâs Missile Vessels
Kongsberg Maritime has signed a contract to supply 18 large Kamewa waterjets for the Indian Navyâs Next Generation Missile Vessel (NGMV) program. Each of the vessels will feature waterjets, delivering speed and maneuverability for high-performance naval operations.The NGMV fleet is being built by Cochin Shipyard Limited and will play a critical role in Indiaâs maritime defense strategy.This contractâŠ
ClassNK Reshuffles Full-Time Executive Roles
ClassNK has carried out a regular reshuffle of its full-time executives effective March 17, 2026. Yoshifumi Miyatake has been appointed as Senior Executive Vice President, and current Corporate Officer Toshio Kurashiki has been appointed as Executive Auditor. President & CEO Hayato Suga, Executive Vice President Masaki Matsunaga, Yoshiya Yamaguchi, and Fumihiko Higashi continue in their current roles.Former Senior Executive Vice President Junichiro IidaâŠ
Hoyer VMS Group Reports Record Revenue in 2025
The Danish motor and service company Hoyer VMS Group has recently presented financial results with strong growth on both the top and bottom lines. Revenue totaled USD1$35 million (DKK 867 million) in 2025 compared to USD$114 million (DKK 733 million) in 2024, while earnings of USD$18 million (DKK 118 million; EBITDA) were USD$1.25 million (DKK 8 million) higher than the previous year.âThe strong growthâŠ
