Three Greek-managed oil tankers were hit by unidentified drones in the Black Sea on Tuesday as they were on their way to load crude at a terminal on Russia's coast, sources told Reuters.The attacks come as Kazakhstan's oil production, most of which is exported via the terminal, cratered in early January.It was not immediately clear who was behind Tuesday's strikes.
Hanwha Ocean has delivered the Wind Mover wind turbine installation vessel (WTIV) to offshore wind contractor Cadeler, completing the second vessel in the company’s M-class series about one month ahead of schedule.The vessel was formally signed over on November 28 and sailed away on December 2, following a naming ceremony at Hanwha Ocean’s shipyard in Korea.
The European Commission has presented its Clean Industrial Deal which aims to accelerate decarbonization while securing the future of manufacturing in Europe.President Ursula von der Leyen said: “Europe is not only a continent of industrial innovation, but also a continent of industrial production.
Cyber, business interruption and natural catastrophes are the risks of most concern for businesses globally according to the Allianz Risk Barometer 2025 - as voted for by a record 3,778 risk management experts from 106 countries and territories.Cyber incidents (38% of responses, a record 7% points ahead) consolidates its position as the most important risk.
WAPS: Making the Wind Blow for Shipping’s DecarbonizationIn the evolving landscape of maritime decarbonization, few subjects are as timely or arguably as misunderstood as wind-assisted propulsion. Yet the shipping industry finds itself at a decisive moment, driven by regulatory tightening, customer expectations for greener supply chains, and an urgent need to manage escalating fuel costs.
Offshore seismic services firm Shearwater Geoservices has finalized the preparations for the upcoming start of a new multi-client seismic project offshore Nigeria.The 3D survey is backed by significant industry funding and will be executed in partnership with Harvex Geosolutions and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
Danish offshore wind installation firm Cadeler has launched its Wind Ace wind turbine installation vessel (WTIV) newbuild at the COSCO Qidong yard in China.With the launching complete, Wind Ace has moved into the final construction phase, which entails installation of the remaining leg sections, the main crane, and the start of commissioning activities.
Nigerian President Bola Tinubu on Wednesday lifted a six-month emergency rule in Rivers State, reinstating Governor Siminalayi Fubara and other officials, after saying that a constitutional crisis that had paralysed governance had been resolved.The emergency rule, imposed on March 18
Delta Launch Services, a launch company operating on the Mississippi River, ordered a pair of new class of pilot boats from Gladding-Hearn Shipbuilding, Duclos Corporation. The Venice Class launches follow a long history of six larger pilot boats built for the Delta Launch Services by the Somerset, Mass., shipyard. Delivery is scheduled for 2027.
IMO Secretary-General Arsenio Dominguez emphasized the global shipping industry's need for significant investment in technology and alternative fuels to achieve a net-zero transformation and drive sector-wide change at the Blue Economy Finance Forum in Monaco, June 8.The global shipping industry is preparing for a net-zero transformation that will have a sector-wide impact on everything from
Under current and prospective policies from the IMO, EU, and US, the business case for green shipping corridors could improve markedly - but not sufficiently - according to a new report published by UMAS, UCL, and the Global Maritime Forum (GMF). Titled ‘Building a Business Case for Green Shipping Corridors
Danish offshore wind installation firm Cadeler has signed two contracts with undisclosed clients for the utilization of its newbuild wind turbine installation vessel (WTIV), Wind Mover, starting immediately upon delivery.The vessel, currently under construction at Hanwha Ocean Shipyard in Korea, will support operations and maintenance (O&M) activities, along with potential installation work