Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region.The first vessel to complete a full service loop via Suez Canal will be CMA CGM Verdi, sailing from Karachi to New York on 15 January.
A sanctioned liquefied natural gas (LNG) tanker made a ship-to-ship (STS) transfer off the coast of Malaysia after picking up a cargo from a Russian export terminal also under Western restrictions, according to two analytics firms.The operation appears to be the first known STS transfer of sanctioned Russian LNG, despite Western efforts to curb Moscow's energy revenues over its war in Ukraine.
Sean Fraser, Canada’s Minister responsible for the Atlantic Canada Opportunities Agency, has announced that strategic direction has been given to the Canada–Nova Scotia Offshore Energy Regulator as a next step toward realizing Canada’s first-ever offshore wind project.Fraser made the announcement on behalf of Tim Hodgson, Canada’s Minister of Energy and Natural Resources
The Australian Government is accelerating the delivery of a larger and more lethal surface combatant fleet with the selection of the upgraded Japanese Mogami-class frigate as the preferred platform for the Royal Australian Navy’s future fleet of general purpose frigates.Mitsubishi Heavy Industries’ Mogami-class frigate was assessed as best able to quickly meet the capability requirements and
“We forecast that bulker deliveries will gradually increase this year and in 2026, reaching 41.2m Deadweight Tonnes (DWT) and a six-year high. Bulker newbuilding contracting was strong in 2023 and 2024, and several of the ships ordered during this period are expected to be delivered during this and next year,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Of the 59.
The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates, but the situation remains far from certain.
U.S. President Donald Trump’s regulatory freeze has injected chaos and uncertainty into a number of lucrative American fisheries, raising the risk of a delayed start to the fishing season for some East Coast cod and haddock fleets and leading to overfishing of Atlantic bluefin tuna, according to Reuters interviews with industry groups and federal government employees.
Argentina accedes to the Cape Town Agreement, triggering its entry into force in 12 months.The 2012 Cape Town Agreement has met the requirements for entry into force and will enter into force in February 2027, closing a longstanding gap in the global maritime safety framework. The Agreement sets out mandatory safety standards for more than 45,000 fishing vessels of 24 meters in length and over
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
Massachusetts Maritime Academy (MMA), a top-ranked public university with undergraduate degree programs focusing on science, engineering, technology, math, and business that blend academics and experiential learning, announced the reappointment of Elizabeth B. Simmons, vice president of external affairs, to the reconstituted Seaport Economic Council.
Construction has started on the operations and maintenance (O&M) base for the 1.1 GW Inch Cape Offshore Wind Farm at Montrose Port in Angus, Scotland.The base will expand Inch Cape’s existing presence at Montrose, where its marine coordination center is already located, and confirms the port’s role as a major Scottish offshore wind hub.
Belgian offshore installation contractor Jan De Nul has secured a contract for the installation of monopiles for 72 offshore wind turbines that will make up the 1.1 GW Inch Cape offshore wind farm in Scotland.Inch Cape offshore wind farm, being developed by ESB and Red Rock Renewables as equal joint owners, recently reached financial close and is now progressing into construction.