U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, helping to replace some of the Russian oil that the world's third-biggest oil importer buys. "We've already made that deal, the concept of the deal," Trump told reporters aboard Air Force One as he traveled to his vacation home in Florida from Washington.
While political winds in the U.S. have significantly tampered many ‘green’ projects, Curtin Maritime is domiciled in California, which is globally known for its strict environmental initiatives. To that end, Curtin Maritime inked a contract recently to invest $160m for eight new hybrid-electric tugboats, vessels being built by Snow & Co.
Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels.The challenges facing the sector have exposed its initial ambitions as unrealistic.Hard-to-electrify industries that were seen as ideal candidates for green hydrogen, such as steelmaking and long-distance transportation
The global maritime sector is entering an era of heightened geopolitical and regulatory uncertainty that threatens to offset long-term safety gains, according to Allianz Commercial’s 2025 Safety and Shipping Review. While vessel losses have reached a record low, the industry faces a volatile landscape shaped by trade conflict, increased sanctions, shadow fleets
Finland's Border Guard hopes to prevent damage to critical undersea infrastructure in the Gulf of Finland with a maritime surveillance centre it plans to set up in cooperation with other Baltic Sea states and the EUCommission, it said on Monday.The Baltic Sea region has been on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022.
Venezuela's President Nicolas Maduro has extended an olive branch to U.S. President Donald Trump, proposing serious talks on combating drug trafficking and offering U.S. companies ready access to Venezuelan oil.Maduro said Venezuela was a "brother country" to the United States and a friendly government. He noted that when he and Trump last spoke in November, the U.S.
Iran has seized a foreign oil tanker near the Iranian island of Qeshm in the Gulf, saying it was carrying 4 million litres of smuggled fuel, state media reported on Friday.Authorities did not name the vessel or disclose its nationality. They said 16 foreign crew members had been detained on criminal charges. State TV said the tanker was seized on Wednesday.
In a move to accelerate the future of marine electrification, EVE Energy, and Green Whale Technology (GWT) have signed a strategic partnership agreement to provide high-performance marine Battery Energy Storage Solutions (BESS) and service to customers worldwide. This collaboration combines EVE Energy’s advanced lithium marine battery system technology, and GWT’s marine engineering
A joint U.S. and Japanese military exercise will see the temporary deployment of the "Typhon" intermediate-range missile in Japan, Japanese and U.S. officials said on Thursday, a move likely to anger China.The Typhon system is part of a drive by Washington to amass a variety of anti-ship weapons in Asia.
A new research vessel built for the French oceanographic fleet operated for the National Science Community by the French national Institute of Ocean Sciences (IFREMER) has been launched at the Freire Shipyard celebrated in Vigo, Spain.The oceanographic vessel was named Anita Conti in honor of France's first woman oceanographer
The International Association of Dredging Companies (IADC) bestowed the Young Author Award 2025 to Rick van de Wetering, Research Engineer at Royal IHC and Ph.D. candidate at Delft University of Technology, the Netherlands. IADC’s Young Author Award is given annually to “stimulate the promotion of new ideas and encourage younger men and women in the dredging industry.
Russia's seaborne grain exports fell to 2.1 million metric tons in May, a fall of 62.9% compared to the same month of 2024, according to shipping data from industry sources released on Monday.Russia, the world's leading wheat exporter, shipped grain to global markets at a record pace during the first part of the 2024/25 marketing season, which began on July 1 last year.