BRIX Marine has delivered It's About Time, a custom-built 4818-HTC Offshore passenger catamaran from the company's PaxCat lineup, built for FunToSee Island Ferry of Castries, St. Lucia. This marks the second vessel BRIX Marine has built for FunToSee Island, continuing a growing partnership between the two companies.FunToSee Island operates St.
Oil prices fell more than 1% on Tuesday, extending losses from the previous session, on signs of some progress in restoring crude flows through the Strait of Hormuz following U.S.-Iran peace talks.Brent crude futures LCOc1 fell $1.09, or 1.4%, to $76.81 a barrel and U.S. West Texas Intermediate CLc1 declined to $72.99 a barrel, down 87 cents, or 1.2%, as of 0607 GMT.
Spot premiums for crude and some refined products in Asia, Europe and Africa have fallen back following a U.S.-Iran deal to end the Middle East conflict, though caution about how soon normal shipping can resume is providing a floor for oil markets.Prices tumbled across the board on Monday after U.S. President Donald Trump said a preliminary agreement had been signed.
A new all-electric passenger vessel is set to enter service in western Norway, as newly formed operator Cityboat has placed an order for a zero-emission shuttle from Hyke to support tourism and local transport around Haugesund’s island network.Cityboat — a joint venture between express boat operator Rødne and local tourism firm Viking Adventure — has selected the 15-meter Hyke F-15 Shuttle
Crosby Enterprises, LLC (the “Company”) announced that the Company filed chapter 11 cases for several of its subsidiary/affiliate units, Crosby Tugs, L.L.C., Crosby Dredging, L.L.C. and Crosby Marine Transportation, L.L.C., in the U.S. Bankruptcy Court for the Eastern District of Louisiana on March 23, 2026.
U.S. diesel exports to Europe hit an all‑time high in January after the continent strengthened its ban on imports of Russian-derived fuel, and as discounted Russian diesel displaced U.S. fuel in Brazil, data showed and analysts said.The developments show how Western sanctions, aimed at punishing Russia over its invasion of Ukraine, are reshaping markets, allowing U.S.
VARD has recently signed an agreement (MoU) with the major Norwegian research institute NORCE, establishing a strategic partnership to cooperate on research and innovation.The agreement encompasses topics such as design, construction, on board and underwater maintenance and drone technology for ships and subsea technology
HikoTerra, a leader in mobile integrated power solutions, officially ushered in the next generation of marine power with the introduction of the H4 Hybrid Power System. The H4 product line is designed as a battery-first system flexible enough to deliver a home-like user experience.
Elliott Bay Design Group (EBDG) Designs New York’s First Hybrid-Electric FerryWatch the full interview with David Turner, Projects Manager, Elliott Bay Design Group, on the technical highlights of the HARBOR CHARGER on Maritime Reporter TV:On August 12, 2025, The Trust for Governors Island unveiled the HARBOR CHARGER, New York State’s first hybrid-electric passenger vehicle ferry.
Norwegian ferry operator Boreal has ordered 20 electric hydrofoil vessels from Swedish Candela Technology.Norway has long been a world leader in electrification of the car fleet and battery-powered ferries on short routes. However, express ferries – the fast passenger vessels that connect coastal communities over long distances – have been a challenge.
Ferries in port cities like Barcelona, Dublin and Naples are responsible for more toxic air pollution (SOx) than all the cars in those cities, a new study by T&E shows.Promisingly, 60% of Europe’s ferries could be electric by 2035, and over half (52%) would be cheaper to operate than fossil-fueled vessels, the report shows.
The December issue of Maritime Reporter magazine includes a feature story on Australian mining company Fortescue’s pioneering ammonia fuel trial on the platform supply vessel Green Pioneer.The Green Pioneer was named one of TIME’s Best Inventions of 2025.The conversion journey of its diesel-electric power system to dual-fuel ammonia started in 2022, on land