Mitsui O.S.K. Lines (MOL) has taken delivery of a new liquefied petroleum gas (LPG) dual-fuel very large gas carrier (VLGC), Energia Grandeur.The vessel was ordered by MOL group company MOL Energia from Hyundai Samho Heavy Industries, with delivery taking place off Mokpo port in South Korea on January 29, 2026.Energia Grandeur will operate under a time charter contract for CSSA Chartering and Shipping Services SA, a subsidiary of TotalEnergies.The vessel is a dual-fuel carrier capable of operating on LPG and heavy fuel oil.
CAPE Holland, a global leader in offshore industry foundation installation equipment and a company within the Venterra Group, announced that it has secured a contract with CDWE for the Fengmiao Offshore Wind Farm project in Taiwan. Under this agreement, CAPE Holland will supply its CAPE VLT-640 Tandem Vibro Lifting Tool for the pre-installation of foundation (FOU) piles and offshore substation (OSS) piles.The decision to deploy the CAPE VLT-640 was driven by its ability to safely drive piles through challenging subsea soils with risk of pile run.
Norway's Kongsberg Gruppen reported a bigger than expected rise in operating profit for the fourth quarter and said its order backlog had increased by 11% in the final three months of 2025.Earnings before interest and tax rose by 42% to 2.46 billion Norwegian crowns ($251.57 million) in the October to December quarter from the same period of 2024, beating the 2.07 billion crowns predicted in an LSEG poll of analysts.Kongsberg and its rivals have seen a boost in orders as Europe ramps up its military spending at a time of war in Ukraine and as U.S.
The U.S. Department of Labor published a notice providing enhanced and transparent guidance for calculating the amount of securitization required by insurers writing policies under the Longshore and Harbor Workers' Compensation Act. This new guidance is designed to represent a transparent and structured approach that will lower the cost of doing business for industries vital to America’s economic and military dominance while continuing to put injured workers first. It will also improve industry confidence regarding potential liabilities and how to improve their outcomes.
BAE Systems Launchpad is a new incubator program designed to take dual-use technologies beyond the defense sector and help innovations reach their full commercial potential.Launchpad directly addresses the challenge of moving defense technologies beyond prototype development by spinning them out into independent start-up businesses. This aligns with a key priority outlined in the UK’s Defence Industrial Strategy, which calls for “constant innovation at wartime pace” and highlights the need for more successful spinouts from UK-developed technologies.
The European Commission on Friday proposed a sweeping ban on any services that support Russia's seaborne crude oil exports, going far beyond previous piecemeal EU sanctions in its effort to stunt Moscow's key source of income for its war on Ukraine.Russia exports over a third of its oil in Western tankers - mostly from Greece, Cyprus and Malta - with the help of Western shipping services.The ban would end that practice, which mostly supplies India and China
On February 5, NYK made an equity investment in Oceanic Constellations Inc. (OC) through a third-party allotment of new shares. The funds from this investment are expected to support OC’s efforts to establish a mass-production framework for unmanned surface vehicles (USVs), among other initiatives.OC, an ocean-tech startup, aims to establish a mass-production framework for USVs within the next few years. The large-scale production and social implementation of USVs will enable the creation of new marine infrastructure that contributes to addressing societal challenges such as ocean
Turkish tugboat builder Sanmar Shipyards has further reinforced its partnership with SAAM Towage through the delivery of a Boğaçay-Class tug that will operate in Latin America.The vessel, which has been named SAAM GUANAY, is based on the RAmparts 2400SX-MKII design by Canadian naval architects Robert Allan Ltd and becomes the 13th Sanmar-built tug in the SAAM Towage fleet.Designed for optimum performance in ship-handling operations, the tug measures 24.4m in length, with a 12m beam, 4.5m molded depth, and a 5.45m draft.
Tallink's shuttle ships on the Tallinn–Helsinki route are making a big leap towards using cleaner fuel, soon to be fully powered by renewable energy. In January, 74% of the fuel used by Megastar and MyStar was liquefied biomethane (LBM). The company aims to replace its entire LNG demand with liquefied biomethane in the near future."The Megastar and MyStar, which operate with the busiest schedule between Tallinn and Helsinki, are real examples of how cleaner maritime transport is not just a topic for the future, but a reality today.
Lloyd’s Register (LR) has further enhanced its capabilities in China with the announcement of three new senior appointments. Tianxiang Li (TX), LR’s Director of Global Technical Support Office (TSO), has been appointed as President for Greater China. He will lead senior client relationships and strategic engagement, strengthening alignment between LR’s global technical leadership and the priorities of Chinese owners, yards and designers. TX joined LR in 2008 and held leadership positions in the Technical Support Office since 2011.
Progress on the BorWin6 Project continues with the successful completion of a fabrication yard milestone in Jebel Ali, United Arab Emirates. Mammoet has completed the transport, loadout and mooring of the 5,461-ton offshore jacket foundation, set to support the BorWin6 offshore converter platform BorWin kappa in the German North Sea. Developed by TenneT and delivered by McDermott International, the BorWin6 offshore grid connection is a 980-megawatt high voltage direct current connection that will transmit offshore wind energy from the German North Sea to the mainland
Kongsberg Maritime has been hired by Consórcio Marenova to design and equip four methanol- and ethanol-ready handy-size product tankers for Petrobras Transporte (Transpetro).The vessels will be built by Consórcio Marenova, a partnership between Ecovix in Rio Grande and MacLaren in Niterói, and will be operated by Transpetro.Kongsberg Maritime said the contract is valued at more than $31 million (NOK 300 million) and includes delivery of complete ship design and a range of integrated systems.