Marine Link
Sunday, October 26, 2025

Offshore News

24 Oct 2025

French Offshore Wind Sector Impacted by Government Crisis

© Adobe Stock/adobedesigner

Offshore wind developers and equipment suppliers are bracing for a slowdown in business in France where a political crisis has stalled changes to the country's energy framework and government tenders.The threat of a further hit to France's economy comes after data released on Friday shows business activity declined faster than expected in October.President Emmanuel Macron has churned through six prime ministers in two years as a fractured legislature struggles to agree on a belt-tightening budget.

24 Oct 2025

Antitrust Probe Sinks MSC-Moby Ferry Partnership in Italy

(Credit: MSC)

Italy's antitrust regulator said on Friday that Shipping Agencies Services (SAS), a unit of maritime group MSC, would drop its acquisition of a 49% stake in ferry operator Moby after the watchdog opened a probe into alleged restriction of competition.Moby, majority-owned by Onorato Armatori group, runs ferries linking Italy's mainland to tourist islands such as Sardinia and Corsica.The Italian authority, which opened an investigation into the acquisition last year, said the deal could have weakened competition on routes where Moby and ferry company Grandi Navi Veloci (GNV), controlled by SAS,

24 Oct 2025

Japanese Firms Join Forces to Mass-Produce Smalls USVs for Maritime Ops

USV at Sea (Credit: OC)

NYK’s Group company Keihin Dock has signed a joint demonstration agreement with Oceanic Constellations (OC), an ocean-tech startup, seeks to establish a mass-production system for small unmanned surface vehicles (USVs).The move aims to accelerate the development of innovative solutions to tackle industry-wide marine challenges in Japan.OC plans to implement a world-first approach to consistent ocean monitoring by deploying multiple USVs equipped with sensors and communication…

24 Oct 2025

First Export Cable Laid at Scotland’s 1.1GW Offshore Wind Farm

First export cable pull-in - Enshore Subsea’s CMOS Installer at Inch Cape’s offshore substation platform (Credit: Inch Cape Offshore)

Enshore Subsea has installed the first of two offshore export cables at Inch Cape offshore wind farm, using the CMOS Installer cable laying vessel.Operating from the Port of Blyth, the vessel installed the first of two 85-kilometre export cables for the 1.1 GW offshore wind farm, being built off the east coast of Scotland.The 220 kV, three-phase export cable was installed in three 28-kilometre sections.Once operational, the cable will transmit power from the offshore wind farm to the project’s new onshore substation under construction at Cockenzie…

24 Oct 2025

First Export Cable Laid at Scotland’s 1.1GW Offshore Wind Farm

Enshore Subsea has installed the first of two offshore export cables at Inch Cape offshore wind farm, using the CMOS Installer cable laying vessel.Operating from the Port of Blyth, the vessel installed the first of two 85-kilometre export cables for the 1.1 GW offshore wind farm, being built off the east coast of Scotland.The 220 kV, three-phase export cable was installed in three 28-kilometre sections.Once operational, the cable will transmit power from the offshore wind farm to the project’s new onshore substation under construction at Cockenzie, East LothianThe cable required two offshore joints which were completed using North Sea Giant and will shortly be buried in the seabed.Manufactured by Ningbo Orient Wires & Cables (Orient Cable)…

23 Oct 2025

Pakistan Navy Confiscates Almost $1B Worth of Narcotics in Arabian Sea

© yurisuslov / Adobe Stock

The Pakistan navy said on Wednesday it seized narcotics worth about $972 million in the North Arabian Sea in an operation with a Saudi-led task force.The navy's YARMOOK ship, operating under the Saudi-led Combined Task Force of the Combined Maritime Forces, carried out the operation, the navy said in a statement.(Reuters - Reporting by Asif Shahzad)

23 Oct 2025

US Military Kills Five in Eastern Pacific Strikes on Suspected Drug Vessels

© Africa Studio / Adobe Stock

The U.S. military killed five alleged drug smugglers in strikes against two vessels in the eastern Pacific Ocean, U.S. Defense Secretary Pete Hegseth said on Wednesday, in an expansion of the Trump administration's use of the armed forces in its counter-narcotics campaign.On Wednesday afternoon, Hegseth said the military attacked a vessel in the eastern Pacific Ocean and killed two men on Tuesday. It was the first known U.S. military operation in the Pacific since President Donald Trump kicked off a new offensive against the drug trade.Hours later…

23 Oct 2025

Dual Pre-FEED Wins Propel ECOnnect’s LNG IQuay Regas Terminal

The IQuay Regas Terminal with an IQuay C-Class Platform (Credit: ECOnnect Energy)

ECOnnect Energy has signed two pre-Front End Engineering and Design (pre-FEED) contracts for its IQuay Regas Terminal, a modular floating regasification system designed to offer faster, more flexible alternatives to conventional onshore and floating LNG terminals.The IQuay Regas Terminal combines a Floating Storage Unit (FSU), a modular floating regasification platform known as the R-Class, and either subsea or floating pipelines for high-pressure gas transfer to shore. The system’s compact…

23 Oct 2025

DOF Books Contract Extensions for Two Subsea Vessels

Skandi Constructor vessel (Credit: DOF Group)

Norwegian offshore supply vessel owner DOF Group has secured contract extensions for two of its subsea vessels, both operating in Guyana.The contract extensions are for Skandi Nomad and Skandi Constructor, which will remain on duty for one more year each.Following the extensions, Skandi Nomad is contracted until the fourth quarter of 2026 and Skandi Constructor until the second quarter of 2027.Skandi Nomad is a 2010-built vessel, designed for subsea operations across a wide range of water depths and environmental conditions.Skandi Constructor is a 2009-built vessel…

23 Oct 2025

HD KSOE Gets DNV’s Blessing for Nuclear-Powered Container Ship Design

(Credit: DNV)

Classification society DNV has awarded HD Korea Shipbuilding & Offshore Engineering (HD KSOE) an Approval in Principle (AiP) for a new 15,000 TEU container vessel design powered by Small Modular Reactor (SMR) technology.The design demonstrates the application of SMR technology in a 15,000 TEU container vessel, capable of operating at 24 knots.The vessel concept incorporates a supercritical CO2-based power generation system, which can provide higher thermal efficiency and a reduced…

22 Oct 2025

Stillstrom Introduces New Hires, Technology Advances

Stillstrom by Maersk, a marine technology leader delivering offshore power and charging solutions, has strengthened its leadership team with key senior appointments in Copenhagen and Aberdeen.Nikolaj Stald has joined as Chief Commercial Officer (CCO) at the company’s HQ in Copenhagen. Nikolaj brings over 15 years’ offshore wind experience and will lead the commercial strategy to drive adoption of offshore charging as a cost-effective decarbonization pathway. Prior to Stillstrom…

22 Oct 2025

Stillstrom Introduces New Hires, Technology Advances

Stillstrom by Maersk, a marine technology leader delivering offshore power and charging solutions, has strengthened its leadership team with key senior appointments in Copenhagen and Aberdeen.Nikolaj Stald has joined as Chief Commercial Officer (CCO) at the company’s HQ in Copenhagen. Nikolaj brings over 15 years’ offshore wind experience and will lead the commercial strategy to drive adoption of offshore charging as a cost-effective decarbonization pathway. Prior to Stillstrom, he was CCO at Føn Energy Services with previous roles including Director, Offshore Sales (UK & Ireland) at Vestas and various roles at Siemens Wind Power. Nikolaj Stald, Chief Commercial Officer. © StillstromIn Aberdeen, Gordon Dickson has been appointed Operations and Maintenance Lead.

22 Oct 2025

Wärtsilä, TMS Cardiff Gas Extend Maintenance Pact for Seven LNG Carriers

(Credit: TMS Cardiff)

Technology group Wärtsilä and TMS Cardiff Gas have renewed their existing Lifecycle Agreement, covering the two-stroke main engines onboard seven LNG Carrier vessels, for a further five years.The agreement is designed to ensure the vessels’ maximum operational reliability by enabling flexible maintenance scheduling and optimizing time between overhauls (TBO).The seven vessels each operate with two WinGD 5X72DF dual-fuel two stroke engines and Wärtsilä gas valve units.The scope of the agreement includes Wärtsilä’s Dynamic Maintenance Planning service…

22 Oct 2025

Jan De Nul’s Largest Cable Laying Vessel Hits Water in China (Video)

Fleeming Jenkin CLV (Credit: Jan De Nul)

Belgian marine contractor Jan De Nul has launched its newest cable laying vessel (CLV), the Fleeming Jenkin, at the CMHI Haimen shipyard in China, which has now entered the final phase of construction ahead of delivery planned for second half of 2026.The 215-meter-long vessel has a loading capacity of 28,000 tonnes, making it the world’s largest of its kind.Jan De Nul will use the vessel to install subsea cables for the transmission of renewable energy, as the Fleeming Jenkin was specifically designed to install longer and heavier cables in ultra-deep waters up to 3…

21 Oct 2025

Nuclear-Powered Ships on Distant Course to Net-Zero Horizon, DNV Finds

(Credit: Supplied by DNV)

Growing environmental pressures are reviving interest in nuclear propulsion as a potential long-term route to decarbonize shipping, DNV said in a new paper, despite there being no civilian nuclear-powered vessels built for more than four decades.DNV’s latest report, Maritime nuclear propulsion: Technologies, commercial viability, and regulatory challenges for nuclear-powered vessels, highlights how maritime nuclear technologies differ from land-based reactors, and emphasizes the need to address technological…

21 Oct 2025

Lloyd’s Register, DYNAMARINe Launch Audit Scheme for STS Transfer Ops

© Igor Groshev / Adobe Stock

Lloyd’s Register (LR) has entered into strategic collaboration with Greece-based DYNAMARINe to launch an independent auditing program aimed at improving the safety, transparency and performance of ship-to-ship (STS) transfer operations worldwide.Under the new framework, LR’s auditors will assess STS service providers in line with standards set by the Oil Companies International Marine Forum (OCIMF) guidelines, while also reviewing risk data and operational records compiled by DYNAMARINe.

21 Oct 2025

Vard Picks SMST to Supply Equipment for North Star’s New SOVs

(Credit: Supplied by SMST)

Dutch offshore equipment supplier SMST has secured a new contract from Norwegian shipbuilder Vard for the delivery of two sets of mission equipment to be installed on an additional two of North Star’s newbuild Service Operation Vessels (SOVs).These vessels are part of a long-term charter agreement between shipowner and operator North Star and energy company RWE.SMST previously supplied similar equipment for the first two CSOVs, the Grampian Eagle and Grampian Kestrel, which are also set to operate for RWE.RWE…

21 Oct 2025

Delivery of Next-Gen Subsea Vessel from Turkish Shipyard Hits Delay

Viking Vigor CSV (Credit: Eidesvik)

The delivery of the next-generation construction support vessel (CSV), under construction at Turkish Sefine Shipyard for Norway’s Eidesvik Offshore and Agalas, has been delayed for later in 2026.The delivery of the CSV, which will feature a battery hybrid system and be capable of operating on methanol, has been rescheduled from early 2026 to the third quarter of the same year.The vessel, named Viking Vigor, will be owned by an entity to be named Eidesvik Agalas AS, where Eidesvik will be the majority owner with 50.1%.The newbuild will be equipped to perform inspection, maintenance and repair (

21 Oct 2025

US Exports Record Levels of Natural Gas to Mexico

© Alexey Novikov / Adobe Stock

U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (bcfd) in May 2025, the most of any month on record as Mexico's demand for natural gas increases, the U.S. Energy Information Administration said on Monday.On an annual basis, U.S. natural gas pipeline exports to Mexico averaged 6.4 bcfd in 2024, a 25% increase compared with 2019 and the highest on record in data going back as early as 1975, the EIA report stated."Total consumption of natural gas in Mexico increased from 7.7 bcfd to 8.6 bcfd during the same time (2019-2024) period…

21 Oct 2025

Russia’s Arctic LNG 2 Loads Another Tanker

© Deniz / Adobe Stock

A liquefied natural gas tanker has left Russia's Arctic LNG 2 after loading a cargo there, according to data compiled by LSEG and analytics firm Kpler, as the project continues output despite Western sanctions over Moscow's war in Ukraine.The Christophe De Margerie tanker arrived at Arctic LNG 2 on October 17 and departed loaded on October 20, according to Kpler data. Shipping database Equasis lists the tanker's registered owner as Zelitiko Shipping, and its ship or commercial manager as Gas Carriers SCF Management…

20 Oct 2025

Maritime Voices: Clint Winegar, Presiding Officer, Houston Pilots

Images courtesy Houston Pilots

The Houston Ship Channel is one of the nation’s busiest and most vibrant shipping lanes, a key corridor for energy and chemicals. Keeping operations running smoothly involves the Houston Pilots, facilitating more than 20,000 vessel assists each year. Clint Winegar, Presiding Officer, Houston Pilots, discusses the organization in the round, explaining how the Houston operation remains one of three in the country that still utilizes station boat. With Maritime Reporter TV he breaks down the idiosyncrasies of the operations…

20 Oct 2025

US Pressure on India Could Propel Russia's Shadow Oil Exports

© Tomas Ragina / Adobe Stock

Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow of vital revenue, but it will mostly just push more Russian oil into an increasingly large shadow market.The U.S. president said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop buying oil from Russia, an agreement India has yet to confirm.India has become a major trade buyer of Russian oil since Moscow’s invasion of Ukraine in 2022. It purchased 1.9 million barrels per day (bpd) of Russia’s crude in the first nine months of 2025…

20 Oct 2025

Poland Eyes Bids to Expand Floating LNG Terminal

© NPershaj / Adobe Stock

Poland will seek binding offers for capacity that would be available in the expanded floating liquefied natural gas terminal near Gdansk following ample interest from shippers, the country's gas pipeline operator Gaz-System said on Monday.Gaz-System is building a terminal with a regasification capacity of 6.1 billion cubic meters (bcm) of gas per year and considering adding a second unit which could regasify 4.5 bcm annually."Nearly half of the regasified LNG would be exported to Ukraine…

20 Oct 2025

Another TSO Enlists Njord Survey for Offshore Wind Support Services

(Credit: Njord Survey)

Swedish firm Njord Survey has entered into a frame agreement with Energinet, Denmark’s national transmission system operator (TSO), covering site and route survey services for offshore wind and subsea cable projects.The long-term collaboration reinforces Njord Survey’s position as provider of services to the offshore renewable sector.It follows the agreement company signed earlier in October with German TSO 50Hertz to deliver geophysical and ROV seabed survey service in support…

20 Oct 2025

Tidal Transit Opts for Eco-Friendly Cleaning Solution for its CTV Fleet

(Credit: Tidal Transit)

U.K.-based Tidal Transit has deployed a range of eco-friendly maritime cleansers from sustainable cleaning solutions specialist Terrafend to help maintain its expanding fleet of crew transfer vessels (CTVs).Designed to replace the multiple hazardous, solvent, caustic and acid-based cleaning products, Terrafend’s NEMO range of water-based cleansers will help transform Tidal Transit’s vessel cleaning process with just two all-purpose solutions.NEMO’s Super Concentrate and Power Gel are non-flammable…

20 Oct 2025

Fincantieri, Defcomm to Jointly Advance Naval Units and Surface Drones

(Credit: Screenshot/Video by Fincantieri)

Italian shipbuilder Fincantieri has signed a strategic agreement to accelerate the development of autonomous surface units developed by Italian start-up Defcomm, which specializes in unmanned solutions for the maritime sector.The agreement focuses on a co-investment partnership to accelerate the development and industrialization of surface drones designed by Defcomm, which have already passed long run and endurance tests.These drones are designed for surveillance, intelligence…

17 Oct 2025

Navigating Nuclear Energy in Maritime with Lloyd’s Register at Helm

(Credit: Lloyd's Register)

Lloyd’s Register (LR) has published a new guidance document, providing the first roadmap for the safe and responsible use of nuclear technology in commercial shipping and offshore industries.As the maritime sector accelerates its transition towards sustainable energy solutions, nuclear power has re-emerged as a viable solution to achieve net-zero ambitions. The guidance, Navigating Nuclear Energy in Maritime, was developed in partnership with Global Nuclear Security Partners (GNSP) and marine insurer NorthStandard.It sets out the practical steps project teams must take…

17 Oct 2025

Floating Power: ST Engineering, Siemens Energy to Build Estrella del Mar IV

(Credit:  Screenshot/Video by Siemens Energy)

ST Engineering’s Marine business and Siemens Energy have been awarded a second contract by Transcontinental Capital Corporation (Bermuda), a subsidiary of Seaboard Corporation, to deliver Estrella del Mar IV, a barge-mounted power plant to Santo Domingo in Dominican Republic.The new power plant will be based on its predecessor, the Estrella del Mar III, which was commissioned in 2022.When completed, it will enhance the Dominican Republic’s energy infrastructure with greater efficiency…

16 Oct 2025

DEME Welcomes Norse Wind WTIV for Giant Offshore Wind Turbines

Norse Wind WTIV (Credit: DEME)

Belgium-based offshore installation services company DEME has taken delivery of its new wind turbine installation vessel (WTIV) Norse Wind at the CIMC Raffles Shipyard.Designed to install the next generation of offshore wind turbines, the vessel combines advanced technology and sustainable design features to offer enhanced installation capability.Built by CIMC Raffles and designed by GustoMSC, Norse Wind is equipped to install turbines with rotor diameters of more than 300 meters and XXL monopiles weighing up to 3…

16 Oct 2025

South Korea’s HMM Places $2.8B Order for 14 New Ships

(Credit: HMM)

South Korea’s largest shipping company HMM has ordered 12 new 13,000 TEU-class eco-friendly container ships from Korean shipbuilders, as well as two very large container ships, for a total of $2.82 billion.The 12 containerships will be built by HD Hyundai Heavy Industries and Hanwha Ocean, and all of them will be LNG-fueled vessels, HMM said.The details for the other two very large containerships, reportedly ordered by the company, have not been disclosed.According to the company…

16 Oct 2025

Russia’s 44 Tanker Shadow Fleet Takes Hit as UK Imposes Sanctions

© alexyz3d / Adobe Stock

Britain targeted Russia's two largest oil companies, Lukoil and Rosneft, and 44 shadow fleet tankers on Wednesday in what it described as a new bid to tighten energy sanctions and choke off Kremlin revenues.Lukoil and Rosneft were designated under Britain's Russia sanctions laws for what London described as their role in supporting the Russian government. They are subject to an asset freeze, director disqualification, transport restrictions, and a ban on British trust services.The two companies were considered strategically significant to the Kremlin…

15 Oct 2025

Saipem Wins Three Offshore Azerbaijan Contracts

© Peter Hermes Furian / Adobe Stock

Saipem, in consortium with BOS Shelf LLC and BOS Shelf International FZCO, (both companies being affiliates to the State Oil Company of the Azerbaijan Republic, SOCAR) has been awarded three new offshore contracts for the Shah Deniz Compression project operated by bp in Azerbaijan.The overall value of the contracts is approximately $700 million, and Saipem’s share amounts to $600 million.Saipem’s scope of work encompasses the transportation and installation of a new 19,000-ton compression platform in the Azerbaijan sector of the Caspian Sea…

15 Oct 2025

GTT, Bloom and Ponant to Develop New Energy System for Future Cruise Vessel

(Credit: Ponant Explorations Group)

French engineering specialist GTT has teamed up with Bloom Energy and Ponant Explorations Group to develop an integrated energy system combining solid oxide fuel cells (SOFC) powered by LNG with marine carbon capture, aiming to significantly cut onboard emissions for future cruise operations.The system is slated to be installed on Ponant’s Swap2Zero cruise vessel by 2030. The vessel will be propelled by wind-assisted technology and fuel cells, and the new system is designed to cover the ship’s hotel load - including lighting…

15 Oct 2025

DeepOcean Charters Glomar Vessel to Expand O&G, Offshore Wind Services

(Credit: DeepOcean)

Ocean services provider DeepOcean has expanded its service offering to the offshore renewables and oil and gas industries by entering into a time charter agreement for the multipurpose support vessel Glomar Supporter.Chartered from Glomar Offshore, the Glomar Supporter vessel will join DeepOcean’s fleet in January 2026 with its first operations planned in EuropeDeepOcean will utilise the Glomar Supporter to enhance its offering in survey, inspection and light IMR (inspection,…

15 Oct 2025

Van Oord Receives Hydraulic Engineering Accolades for Offshore Wind Work

(Credit: Van Oord)

Dutch offshore installation firm Van Oord has been awarded the prestigious Jan Agema Award 2025 for its contribution to the offshore wind project Borssele III, IV and V.The jury praised the project for its technical innovation, societal relevance, and future-proof design, highlighting it as a powerful response to the urgent energy transition in the North Sea.The Jan Agema Award, established by the Dutch Association of Hydraulic Engineers in honor of Jan Agema, encourages innovation…

15 Oct 2025

Indonesia Oil Tanker Fire Kills 10, Injures 18

(Screenshot/YouTube Video)

At least 10 people were killed and 18 injured after an oil tanker caught fire early on Wednesday as it was being repaired in Indonesia's Riau Islands province, according to local police.Fire broke out on the vessel, the MT Federal II, at around 4 a.m. on Wednesday (2100 GMT Tuesday) at a shipyard in the city of Batam, local police chief Zaenal Arifin said. Batam is around 20 kilometres (12.4 miles) away from Singapore by sea.MT Federal II was docked and undergoing repairs when it caught fire…

15 Oct 2025

China Finds Faster Trade Route to Europe with Maiden Arctic Voyage

© a_medvedkov / Adobe Stock

A Chinese container ship has completed a pioneering journey through the Arctic to a UK port, state-run news agency Xinhua reported, cutting in half the usual transit time for the electric vehicles and solar panels aboard destined for Europe.The Istanbul Bridge's maiden voyage, originally expected to take 18 days, was delayed by two days due to a storm off the coast of Norway but the ship still reached Europe earlier than the 40 to 50 days it takes freighters going through the Suez Canal or around the Cape of Good Hope.The new Northern Sea Route…

14 Oct 2025

DOF Scores $200M in Vessel Contracts with Petrobras

(Credit: DOF Group)

Norwegian offshore supply vessel owner DOF Group has secured long-term contracts for two of its vessels with Petrobras for work offshore Brazil.The contracts, with a combined value of approximately $200 million, are for Skandi Chieftain high-spec subsea vessel and Skandi Olympia DP2 construction support vessel.The vessels have been awarded four-year charters with Petrobras.Both vessels will operate with one WROV and are expected to be delivered in October 2026.The contracts follow the same competitive tender process that resulted in the contract awards for DOF’s Skandi Achiever…

14 Oct 2025

Seatools to Equip Jan De Nul’s New Subsea Vessel with Fall Pipe ROV

(Credit: Seatools)

Subsea technology company Seatools has been awarded a contract by Jan De Nul for the design and delivery of a Fall Pipe ROV (FP-ROV) that will form a key system of the Belgian contractor’s recently ordered subsea rock installation vessel, the George W. Goethals.The ROV will play an essential role in the vessel’s mission to protect critical subsea infrastructure by enabling highly accurate and controlled rock placement around cables and foundations, safeguarding assets that underpin…

14 Oct 2025

NYK Inks Long-Term Charter for Japan-Built CTV for Akita Offshore Wind Farm

Illustration (Credit: Northern Offshore Services (N-O-S))

Japan’s NYK has signed a long-term time-charter agreement for a domestically built crew transfer vessel (CTV) with Oga Katagami Akita Offshore Green Energy, a joint venture established by JERA Nex bp Japan, Electric Power Development, Tohoku Electric Power, and Itochu Corporation.The 28-meter-long vessel will be constructed by Kosaba Shipbuilding in Kamaishi City, Iwate Prefecture, and will operate along the coasts of Oga, Katagami, and Akita, supporting Japan’s first offshore wind project in general sea areas.The design is based on a model operated by Northern Offshore Services (N-O-S)…

14 Oct 2025

Fueling the Future of Ports: Cost Savings and Resilience as Propane’s Proven Edge

Ports across the U.S. are learning a critical lesson: depending solely on government grants or an increasingly unstable electric grid is no longer enough to keep operations running smoothly. There’s a smarter, more cost-effective solution already proving its worth on the ground - propane.The exclusive webinar ‘Power & Performance at the Port: How Propane Moves Maritime Operations Forward’ - to be held October 16, 2025, at 11.00 AM ET - will bring together energy and maritime specialists…

14 Oct 2025

China Sanctions Five US-Linked Units of South Korea’s Hanwha Ocean

© ID_Anuphon / Adobe Stock

China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid trade tensions between the world's two largest economies, sending the company's shares sharply lower.The move, announced by the Chinese commerce ministry, comes on the day that China and the U.S. implement additional port fees targeting each others' vessels, although China has exempted ships it built.Organisations and individuals within China are prohibited from engaging in any transactions…

14 Oct 2025

Maritime Fees Spiral Deepens as US, China Trade Blows

© Wolfgang Jargstorff / Adobe Stock

The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.A return to an all-out trade war appeared imminent last week, after China announced a major expansion of its rare earths export controls and President Donald Trump threatened to raise tariffs on Chinese goods to triple digits.But after the weekend…

13 Oct 2025

China’s Sinopec Reroutes Supertanker from US-Sanctioned Port

© Vladimir / Adobe Stock

The latest U.S. sanctions on a major Chinese crude oil terminal have forced refining group Sinopec to divert a supertanker and ask some plants to cut crude processing rates, according to ship tracking data and Chinese consultancies.A supertanker carrying oil to the Chinese port of Rizhao in Shandong province changed its destination over the weekend after the U.S. imposed sanctions on an import terminal at the port on Friday, LSEG data showed.Shortly after the U.S. announcement…

13 Oct 2025

US Tweaks Foreign-Built Ships Fees, Raises Tariffs on Chinese Equipment

© Pawinee / Adobe Stock

The United States Trade Representative's office said on Friday it would modify certain maritime-related fees for foreign-built vehicle carriers and liquefied natural gas vessels ahead of port fees on China-linked ships slated to go into effect next week.USTR said in a statement that fees on operators of foreign-built vehicle carriers would be $46 per net ton, effective on October 14. That is below a fee of $150 per net ton originally proposed in April, seen by the industry as prohibitive…

13 Oct 2025

UN Shipping Emissions Levy Deal Sets Stage for US-EU Clash

© moofushi / Adobe Stock

The International Maritime Organization will meet this week to formally decide whether to impose a carbon emissions price on global shipping, a move supported by an EU-led bloc including Britain, China and Japan but strongly opposed by the U.S.The IMO struck a preliminary deal to charge the global shipping industry for emissions in April after the U.S. pulled out of associated talks, prompting Washington to threaten "reciprocal measures" against any fees charged on U.S. ships.The…

13 Oct 2025

Reach Remote 1 USV Cleared for Fully Remote Operations

Reach Remote 1 USV (Credit: Reach Subsea)

Norwegian subsea services firm Reach Subsea has been granted a trading permit to operate its Reach Remote 1 Uncrewed Surface Vessel (USV) entirely through remote operations - without a support vessel.The permit was issued by the Norwegian Maritime Authorities, with technical validation and support from DNV. Reach Remote 1 has already been in full commercial operation, and this permit initiates the final phase towards full certification.This is the first approval of its kind for an USV of this size with integrated Work Class ROV capability…

13 Oct 2025

Sea1 Offshore Finds Work for its PSV off Brazil

Sea1 Atlas (Credit: Sea1 Offshore)

Sea1 Offshore, formerly Siem Offshore, has secured a new contract for its platform supply vessel (PSV) Sea1 Atlas.The contract for Sea1 Atlas PSV is in Brazil and has a duration of three years, along with six-month option at market terms.The start of operations is scheduled for the first quarter of 2026.Sea1 Atlas is a 4,700 dwt, 87.9-meter-long STX PSV 4700 vessels built in 2013.The total firm contract backlog for Sea1 Offshore is now $743 million, and $599 million in options, the company said.

10 Oct 2025

China Strikes Back: Additional Port Fees for US Ships from Mid-October

© Pippin / Adobe Stock

Vessels owned or operated by U.S. firms and individuals - or those built in the United States or that fly the U.S. flag - will be charged additional port fees per voyage starting on October 14, China's transport ministry said.The fees are a counter-measure against upcoming U.S. port fees on Chinese ships, the ministry said on Friday.Also starting on October 14, ships built in China - or operated or owned by Chinese entities - will need to pay a fee at their first port of call in the United States.

10 Oct 2025

Tanker Delivers Arctic LNG 2 Cargo to Chinese Port

© Evgeny / Adobe Stock

A tanker carrying liquefied natural gas from Russia's Arctic LNG 2 project has discharged it at a Chinese port, according to data from analytics firms Kpler and Vortexa, continuing supplies despite Western sanctions against the project.The La Perouse tanker berthed at the Beihai LNG Terminal in China's southwestern region of Guangxi on October 9, after picking up a cargo from Arctic LNG 2 in late August.It left Beihai terminal on October 10. Shipping database Equasis lists the tanker's registered owner as Enson Shipping Inc…

10 Oct 2025

United Oil & Gas Signs Up TDI-Brooks for Survey Offshore Jamaica

Illustration (Credit: TDI-Brooks)

United Oil & Gas has signed a non-binding memorandum of understanding (MoU) with TDI-Brooks to secure a specialist survey vessel for a campaign offshore Jamaica.The work is related to the planned piston coring and surface geochemical program on the company’s Walton Morant Licence.The campaign forms a key part of United's forward work program under its extended license to January 2028. The survey will involve the collection of 40-60 seabed core samples across the Walton and Morant Basins…

10 Oct 2025

BP Wins $1B Arbitration Case Against Venture Global Over LNG Shipments

Calcasieu Pass (Credit: Venture Global)

BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global said on Thursday.The International Chamber of Commerce International Court of Arbitration found that Venture Global breached its obligations to declare commercial operations had begun at the Calcasieu Pass plant in a timely manner and act as a "reasonable and prudent operator," Venture…

10 Oct 2025

Maersk Offshore Wind Terminates $475M WTIV Order with Seatrium

Illustration (Credit: Maersk Offshore Wind)

Singapore-based offshore contractor Seatrium has received a termination of the $475 million contract for the construction of a Wind Turbine Installation Vessel (WTIV) that was set for deployment at Equinor's Empire Wind 1 offshore wind farm in the United States.The contract - secured by Sembcorp Marine Rigs & Floaters in 2022, which is now known as Seatrium Energy (International) - was for the construction of a WTIV for Maersk Offshore Wind through its affiliate.Seatrium received the contract termination notice on October 9…

09 Oct 2025

Fincantieri’s Ramazel to Supply Rock Laying System for Jan de Nul’s Vessel

Illustration / 3D image of the next-generation rock installation vessel Jan De Nul ordered, showing the vessel installing rock on top of a subsea energy cable (Credit: Jan De Nul)

Remazel, a company of the Fincantieri Group, has signed a contract with Jan De Nul for the supply of mission-critical equipment for a newbuild vessel.The contract covers the design and supply of an advanced system for transporting and laying rocks on the seabed to protect cables and pipelines.The solution developed by Remazel will enable operations at depths of up to 400 meters with a production capacity of 2,000 tonnes per hour, ensuring precision, efficiency and operational continuity even in challenging marine conditions.A centralized control system will coordinate all onboard equipment…

09 Oct 2025

Jan De Nul to Install Export Cables at Taiwan’s Offshore Wind Farm

(Credit: Jan De Nul)

Belgian marine contractor Jan De Nul has signed a contract with Synera Renewable Energy (SRE) for the installation of export cables on the Taiwanese offshore wind farm Formosa 4.To bring the green energy ashore, Jan De Nul will transport, install and protect 60 kilometers of subsea cables.According to the company, it was also selected as the preferred contractor for export cables on SRE’s wind farm Formosa 6, located 55 kilometers southwest of Formosa 4.Situated 20 kilometers off Miaoli County’s coast…

09 Oct 2025

ADNOC L&S, TA’ZIZ Ink Deal to Build UAE’s First Dedicated Chemicals Port

(Credit: ADNOC L&S)

ADNOC Logistics & Services (ADNOC L&S) and TA’ZIZ have signed a 50-year strategic agreement to establish United Arab Emirate’s first dedicated chemicals port at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais, supporting the country’s industrialization and chemicals expansion goals.Under the agreement, ADNOC L&S will build, own and operate the $300 million port, while TA’ZIZ will use the facility to export chemicals and derivatives efficiently. Scheduled for completion in the fourth quarter of 2026…

08 Oct 2025

Molgas Brings Dutch LNG Bunker Supplier Titan Clean Fuels Into Its Fold

(Credit: Titan Clean Fuels)

Spanish-based Molgas Energy Group, backed by infrastructure investor InfraVia, has finalized the full acquisition of Titan Energy Holding, parent company of Dutch liquefied natural gas (LNG) bunker supplier Titan Clean Fuels.The transaction, which follows Molgas’ initial 45% minority stake, marks a major step forward in the group’s strategic growth in the clean marine fuels sector.Titan is an independent supplier of liquefied biomethane (LBM/bio-LNG) and LNG, serving both maritime and industrial customers.Its fleet of small-scale bunkering vessels operates across key global markets…

08 Oct 2025

Helsing to Acquire Australian AUV Specialist Blue Ocean

(Credit: Helsing)

German defense technology company Helsing has started a process of acquiring Blue Ocean, an Australian-based ocean technology company that designs, develops, and operates autonomous underwater vehicles (AUVs).The acquisition will integrate Blue Ocean’s hardware and manufacturing capabilities with Helsing’s Artificial Intelligence (AI), integrating Blue Ocean’s team and operations into Helsing, with operations continuing in the UK and Australia.Together, Helsing and Blue Ocean…

07 Oct 2025

Robosys Automation Secures Offshore Wind Vessel Retrofit Contract

© Robosys Automation

Robosys Automation, a leader in maritime autonomy, vessel control systems, and smart shipping solutions, has announced that it has secured a new contract to retrofit a 26-meter Damen 2610 Fast Crew Supplier (FCS) Twin Axe High Speed Support Vessel (HSSV), with its flagship VOYAGER AI advanced maritime autonomy software.The vessel, built in 2015 to Lloyd’s Register classification standards, is powered by twin Caterpillar C32 engines with direct drives and is equipped with an Alphatron autopilot…

07 Oct 2025

Seagems Extends Wärtsilä Partnership to Boost Fleet Reliability

(Credit: Seagems)

Technology group Wärtsilä has renewed and expanded its Lifecycle Agreement with Seagems, a Brazil-based offshore operator formerly known as Sapura, covering its fleet of offshore support vessels.The renewed agreement expands the scope of services and strengthens the strategic partnership between the companies, aiming to enhance vessel reliability and reduce carbon emissions.The new deal reflects broader trends in the maritime industry toward collaborative, long-term partnerships…

07 Oct 2025

Japan’s Methane Slip Project Achieves 98% Reduction in LNG Vessel Trials

Demonstration vessel REIMEI (Credit: MOL)

Mitsui O.S.K. Lines (MOL), Kanadevia Corporation, and Yanmar Power Solutions have achieved a 98% methane slip reduction rate in onboard trials of LNG-fueled vessels, exceeding their initial target of 70%.The trials are part of the Green Innovation Fund Project ‘Development of Next-Generation Vessels’ led by Japan’s New Energy and Industrial Technology Development Organization (NEDO).The project, which runs from fiscal 2021 through 2026, aims to combine methane oxidation catalysts…

07 Oct 2025

MOL Finds Local Partners to Advance Ammonia Bunkering Ops in Australia

CG Image of ammonia bunkering vessel to be ordered by Oceania (Credit: MOL)

Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with Australian companies NH3 Clean Energy (NH3) and Oceania Marine Energy to advance development of clean ammonia bunkering operations in the Pilbara region of Western Australia.The MoU aims to establish collaboration with NH3 and Oceania on the Pilbara Clean Fuels Bunkering Hub initiative, which is Australia's first ammonia bunkering concept announced by the Pilbara Ports Authority in June 2025.MOL will…

07 Oct 2025

AKOFS Offshore Inks $246M Vessel Deal with Petrobras

Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil.Following a competitive tender process, the vessel will continue to perform services as a multi-purpose supply vessel (MPSV) for Petrobras in Brazil under a new contract.The contract has a duration of four years, with operations expected to start in January 2027…

06 Oct 2025

VARD’s CSOV Newbuild Pair to Feature Brunvoll Propulsion Systems

(Credit: Vard)

Maritime system supplier Brunvoll has signed a contract with Vard to deliver complete propulsion and maneuvering systems for two Commissioning Service Operation Vessels (CSOVs).The vessels, being built for international owner, will be equipped with from aft to bow with two azimuth propulsion thrusters propulsion, a retractable azimuth thruster, a tunnel thruster, and a combined retractable azimuth and tunnel thruster.The scope of supply features also Brunvoll’s Propulsion and Thruster Control system…

05 Oct 2025

Shell Exec Says Trump Halting Wind Projects is Harmful

© Kruwt / Adobe Stock

The decision by President Donald Trump administration to halt fully permitted offshore wind energy projects is "very damaging" to investment, President of Shell U.S. Colette Hirstius told the Financial Times in a report published on Sunday.The executive told the newspaper that energy projects with proper permits should be allowed to continue and warned the political pendulum in the U.S. could eventually swing back against the oil and gas sector."I think uncertainty in the regulatory environment is very damaging.

03 Oct 2025

Israel Stops Last Gaza Aid Flotilla Boat as Activists Deportations Begin

(Credit: Screenshot / Video by Global Sumud Flotilla)

The Israeli military intercepted the last boat in an aid flotilla attempting to reach blockaded Gaza on Friday, a day after stopping most of the vessels and detaining some 450 activists including Swedish campaigner Greta Thunberg.The organisers of the Global Sumud Flotilla said the Marinette was intercepted some 42.5 nautical miles (79 km) from Gaza. Israeli army radio said the navy had taken control of the last ship in the flotilla, detained those aboard and that the vessel was being led to Ashdod port in Israel.In a statement…

03 Oct 2025

Poseidon Jackup JV Targets North American Modular Jack-Up Market

(Credit: Marine Equipment Solutions)

Combifloat Group of the Netherlands and Poseidon Barge of the United States, with the backing of Marine Equipment Solutions (MES), have launched a new joint venture (JV) under the name of Poseidon Jackup to bring ‘world-class’ modular jack-up technology to North America.The partnership will offer Jones Act compliant solutions tailored to the needs of U.S. and Canadian marine contractors.Poseidon Jackup introduces purpose-built, modular jack-up barge systems engineered for performance…

03 Oct 2025

Finland Court Rules It Lacks Authority in Baltic Sea Cable Breach Trial

© katestudio / Adobe Stock

A Finnish district court ruled on Friday that it does not have jurisdiction to prosecute the captain and two officers of the Eagle S oil tanker, who are accused of breaking undersea power and internet cables in the Baltic Sea last year.Finland has said the Eagle S is part of a shadow fleet of tankers used by Russia to circumvent sanctions on its oil exports. The December 25 incident was one of a string of cable and gas pipeline outages in the Baltic Sea since Russia invaded Ukraine in February 2022, putting NATO forces in the region on high alert.

03 Oct 2025

DEME Secures Work at German Offshore Wind Cluster

Living Stone vessel (Credit: DEME)

Belgium-based offshore installation services company DEME has secured a contract to carry out the transport and installation works for the inter-array cables for the Nordseecluster B offshore wind farm in Germany.DEME deemed the contract sizeable, meaning its value is between $58 million and $176 million.The Nordseecluster is a joint offshore wind project of RWE (51%) and Norges Bank Investment Management (49%). Located approximately 50 km north of the island of Juist (Germany)…

02 Oct 2025

DOF Bags $60m in Project Awards in North America

Skandi Skansen vessel (Credit: DOF Group)

DOF announce several project awards in the North America region, using vessels already in the region, securing more than 300 days of firm vessel utilization for a combined contract value of more than $60m, with options available.Skandi Skansen will be used for a mooring project in Guyana with expected commencement in October 2025 and an expected duration of approximately six weeks with further options.Skandi Implementer has secured two jobs in Mexico with international oil companies…

02 Oct 2025

OS Energy to Equip New Vessels with Sonardyne's SPRINT-Nav DP System

Artist’s render of one of OS Energy’s offshore survey and service vessels - OSSVs (Credit: OS Energy)

Offshore service provider OS Energy has adopted Sonardyne’s SPRINT-Nav DP dynamic positioning (DP) reference system to support its marine renewable energy projects in the North and Baltic Seas. SPRINT-Nav DP will enable OS Energy to maintain DP integrity, even in shallow water and GNSS-compromised environments that are increasingly characteristic of offshore wind construction and maintenance activities. Housed within a single, pre-calibrated unit, the easy to integrate system allows operators ride out GNSS disruption, maintaining safety, accuracy and DP certification.

02 Oct 2025

Israel Intercepts and Stops 14 Gaza Aid Boats

(Credit: Screenshot / Video by Global Sumud Flotilla)

Israeli forces stopped 14 boats carrying foreign activists and aid bound for Gaza, flotilla organisers said on Thursday, but 23 boats are continuing to sail towards the war-ravaged Palestinian enclave, according to the flotilla's tracking system.A video from the Israeli foreign ministry verified by Reuters showed the most prominent of the flotilla's passengers, Swedish climate campaigner Greta Thunberg, sitting on a deck surrounded by soldiers."Several vessels of the Hamas-Sumud flotilla have been safely stopped and their passengers are being transferred to an Israeli port…

01 Oct 2025

Gaza Flotilla Boats Boarded by Israeli Military

© skazar / Adobe Stock

Israeli forces boarded boats with foreign activists carrying aid to Gaza and took them to an Israeli port, disrupting a protest that had become one of most high-profile symbols of opposition to Israel's blockade of the enclave.A video from the Israeli foreign ministry verified by Reuters showed the most prominent of the flotilla's passengers, Swedish climate campaigner Greta Thunberg, sitting on a deck surrounded by soldiers."Several vessels of the Hamas-Sumud flotilla have been safely stopped and their passengers are being transferred to an Israeli port…

01 Oct 2025

Vard Delivers Windward Offshore’s First CSOV

(Credit: Kristin Støylen / Vard)

Windward Offshore has taken delivery of its first Commissioning Service Operation Vessel (CSOV), Windward Athens, built by Norwegian shipbuilder Vard.The vessel represents a major milestone on Windward Offshore’s growth path and marks the company’s entry into operations with its dedicated CSOV fleet.The Windward Athens is designed to support installation, commissioning, and maintenance activities in offshore wind farms.Measuring 87.5 meters in length with a 19.5-meter beam, she offers accommodation for up to 120 people and is equipped with the latest technology for safe…

01 Oct 2025

U-Ming Installs Anemoi’s Rotor Sails on Grand Pioneer VLOC

Anemoi Rotor Sails on U-Ming's Grand Pioneer (Credit: Anemoi Marine Technologies)

U-Ming Marine Transport Corporation has completed the installation of four Rotor Sails on its very large ore carrier (VLOC) vessel Grand Pioneer, becoming the first Taiwanese shipowner to adopt the wind-assisted propulsion technology.The sails, supplied by U.K.-based Anemoi Marine Technologies, were installed on a 325,000 deadweight tonne (DWT) vessel at COSCO Zhoushan Shipyard in September during a scheduled dry-docking.The plug-and-play process saw the four 35-meter tall, five-meter diameter sails lifted onto the vessel and fixed in 1.5 days…

30 Sep 2025

Crew Safe as Dutch-Flagged Cargo Ship Remains Adrift and Ablaze in Gulf of Aden

(Credit: X/ Armée française - Opérations militaires)

The Dutch-flagged cargo ship Minervagracht was ablaze and adrift in the Gulf of Aden on Tuesday, a day after being hit by an explosive device, its operator and the EU maritime mission Aspides said.Yemen's Houthi militants claimed responsibility on Wednesday for the attack, saying it was carried out by a cruise missile.The strike injured two sailors and forced a helicopter evacuation of the ship's 19 crew members, according to the EU maritime mission Aspides and the vessel's operator.Amsterdam…

30 Sep 2025

TKMS Targets Higher Profit Margins as Defense Spending Rises

(Credit: Thyssenkrupp)

TKMS, the defence business that German conglomerate Thyssenkrupp aims to spin off this autumn, plans to raise its profit margin to more than 7% to close a gap with rivals, banking on soaring military demand amid fears of Russian aggression.TKMS, which makes submarines, frigates as well as sensor and mine-hunting technology, has more than tripled its order backlog in five years. It now stands at 18.6 billion euros ($21.8 billion) as governments around the world beef up warship fleets.In the medium term…

30 Sep 2025

Diver Linked to Nord Stream Explosions Detained in Poland

© Framestock / Adobe Stock

Volodymyr Z., a Ukrainian diver wanted by Germany over his alleged involvement in the Nord Stream explosions, has been detained in Poland, prosecutors and his lawyer said on Tuesday.Described by both Moscow and the West as an act of sabotage, the explosions in 2022 largely severed Russian gas supplies to Europe, marking a major escalation in the Ukraine conflict and squeezing energy supplies on the continent. No one has taken responsibility for the blasts and Ukraine has denied any role."This morning…

30 Sep 2025

Wärtsilä to Safeguard Ops of OPearl’s 14 LNG Carriers

(Credit: OPearl LNG Ship Management)

Technology group Wärtsilä has signed a ten-year lifecycle agreement with Hong Kong-based OPearl LNG Ship Management covering a total of 14 LNG carrier vessels.The agreement is designed to ensure the vessels’ maximum operational reliability by enabling flexible maintenance scheduling and optimizing time between overhauls (TBO).The scope of the agreement includes Wärtsilä’s Dynamic Maintenance Planning solution, which will provide flexible maintenance scheduling and extended maintenance intervals…

30 Sep 2025

Jan De Nul Orders Largest Rock Installation Vessel to Protect Subsea Infrastructure

3D image of the next-generation rock installation vessel Jan De Nul ordered, showing the vessel installing rock on top of a subsea energy cable (Credit: Jan De Nul)

Belgian marine contractor Jan De Nul has ordered a rock installation vessel, specifically built to strengthen the protection of offshore energy and subsea data infrastructure.The vessel, named George W. Goethals, will be the company’s largest rock installation ship to date, with a carrying capacity of 37,000 tonnes. It will be equipped with ultra-low emission technology and engines capable of running on biofuel and green methanol.According to Jan De Nul, using its flexible vertical fall pipe and an inclined fall pipe system…

30 Sep 2025

DeepOcean Gets Offshore Installation Job at Equinor’s Norwegian Fields

Edda Freya construction vessel (Credit: DeepOcean)

Ocean services provider DeepOcean has been awarded a SIMOPRO – simultaneous marine operation and production – installation contract by Equinor on the Norwegian continental shelf.DeepOcean’s scope of work entails SIMOPRO installation work on both the Åsgård and Visund fields. The company will undertake onshore project management, engineering and procurement services as well as offshore operations.A SIMOPRO operation refers to a complex offshore job where marine construction or…

29 Sep 2025

Boskalis’ Blue Marlin Transporting ‘Colossal’ FPU for Congo LNG Project

(Credit: Boskalis)

Dutch offshore services provider Boskalis has engaged its heavy transport vessel Blue Marlin to move a recently converted floating production unit (FPU) to Angola, ahead of its deployment at Congo’s first natural gas liquefaction project.The cargo, formerly one of the largest semi-submersible drilling rigs of its generation, has been converted into an FPU is currently en route to Angola on Blue Marlin vessel.Even though the 80-by-68-meter, 41,000-ton structure is five meters wider than the 63-meter-wide deck of the Blue Marlin, the colossal FPU stands rock-solid on deck, according to Boskalis.

29 Sep 2025

Ulsan Port Completes Its First Green Methanol STS Bunkering for Bulk Carrier

(Credit: Ulsan Port Authority)

Ulsan Port Authority (UPA) has completed Korea’s first methanol bunkering for a dual-fuel bulk carrier at Ulsan Port.The STS for a bulk carrier, conducted on September 28, 2025, follows Ulsan Port’s world-first successful methanol bunkering demonstrations for container ships (PTS/STS) in 2023-2024.With the latest achievement, Ulsan Port has expanded its bunkering track record from container ships to bulk carriers.The operation was conducted for Green Future, a methanol dual-fuel bulk carrier chartered by NYK Bulk & Projects Carriers…

29 Sep 2025

NYK, Neptune Ink Robotic Hull Cleaning Deal in Maritime Decarbonization Push

Neptune robotic system (Credit: NYK)

Nippon Yusen Kabushiki Kaisha (NYK Line), one of the world’s largest shipping companies, has expanded its partnership with Neptune Robotics to scale up robotic hull cleaning across its global fleet in a move expected to deliver major fuel savings and accelerates maritime decarbonization.NYK has worked with Neptune since 2022, making it one of the earliest adopters of Neptune’s robotic hull cleaning. From earlier deployments, Neptune’s robots delivered up to 10 times fuel savings compared to cleaning costs…

25 Sep 2025

Uncertainty Reduces New Oil and Gas Investment

© currahee_shutter / Adobe Stock

Several news items this week highlight the potential consequences of uncertainty in the energy market.Fugro scrapped its annual outlook and announced further job cuts, citing an impact from project delays. The company said that projects in the offshore wind and oil and gas markets would be delayed into 2026 and their scope cut back, resulting in an estimated 100 million euros ($117.5 million) impact on its revenue."The previously anticipated 20% revenue growth is no longer realistic…