MPC Container Ships (MPCC) has agreed to acquire four eco-conventional container vessels for a total of $340 million, each backed by a three-year fixed-rate time charter with a top-five liner company, as it advances its fleet modernization program.The vessels, built in 2023 and 2024 and each with a capacity of 7,000 twenty-foot equivalent units (TEU)
MISC Group (MISC) named two new generation Liquefied Natural Gas (LNG) carriers, Seri Dian and Seri Dayang, on May 7, 2026. The addition of these vessels further strengthens its long-standing partnership with SeaRiver Maritime LLC (SRM), a wholly owned subsidiary of ExxonMobil.Constructed by Hanwha Ocean Co., Ltd.
In December of 2025, the U.S. Coast Guard announced the award of two contracts to build up to six Arctic Security Cutter (ASC) icebreakers. The announcement declaring the vessels would be built between the United States and Finland in a major step forward for America’s national security in the Arctic region. The decision process encompassed more than the security of the Arctic passage.
The Panama Canal marked a significant milestone on Monday with the inaugural transit of the Neopanamax cruise ship, Disney Adventure, the largest passenger vessel by capacity and gross tonnage ever to transit the interoceanic waterway.The passage of the ship, 208,000 gross tons and with capacity for approximately 6,700 passengers, took place as part of her positioning voyage.
NYK, Yanmar Power Solutions and ENEOS have agreed to install a hydrogen fuel cell system on a new dining cruise vessel scheduled to enter service in 2027, as the companies seek to advance the use of hydrogen in the maritime sector.The vessel will replace Lady Crystal, which currently operates in the Tennoz Isle area of Tokyo as part of the NYK Group's passenger cruise business.
Equinor has seen a surge in interest for energy exports out of Norway from customers as far afield as Australia after the Iran war curbed exports of petroleum and liquefied natural gas (LNG) from the Gulf, the energy group said on Wednesday.The conflict has effectively closed the Strait of Hormuz, a choke point for energy exports from producers in the Gulf, especially affecting clients in Asia.
Multidisciplinary consultancy AGR has entered into a partnership agreement to onboard the offshore support vessel Aquaman II, expanding its capacity for subsea operations, plug and abandonment (P&A) and decommissioning work in the North Sea.The vessel, owned by Star Matrix and to be operated by AGR
Regal Rexnord Corporation announced that its Board of Directors has appointed Aamir Paul to serve as Chief Executive Officer (CEO), commencing no later than July 1, 2026, upon the conclusion of his responsibilities with his current employer, Schneider Electric SE. The Board has also determined that Mr.
The Chicago Propeller Club has announced its first event of 2026, featuring author John U. Bacon discussing his book The Gales of November and the enduring story of the SS Edmund Fitzgerald.The event will take place on April 14 at the Guinness Open Gate Brewery in Chicago’s West Loop and will include a live conversation between Bacon and Tom Wiater, President of Central Marine Logistics.
Peter Sand, Xeneta Chief Analyst:“The recent tariff ruling by the US Supreme Court will have knock-on impacts for ocean container shipping, but this will be nuanced and unlikely to cause a huge increase in frontloading demand, even though tariffs on some Chinese manufactured goods are lower today than a week ago.
Lady Kailani, a new 20-meter (65 foot) luxury catamaran designed by Incat Crowther for Kauai Sea Tours in Hawai'i, is now in service offering tours along Kauai’s Nā Pali Coast.The successful delivery of Lady Kailani by south Louisiana shipyard Breaux Brothers Enterprises has allowed the tourism operator to expand to year-round tourism experiences in Kauai, Hawai'i.
A new technique developed by Australian researchers could stop unauthorised artificial intelligence (AI) systems learning from photos, artwork and other image-based content.Developed by CSIRO, Australia’s national science agency, in partnership with the Cyber Security Cooperative Research Centre (CSCRC) and the University of Chicago