Canada’s Marine Communications and Traffic Services received a MAYDAY on Saturday from the MSC Baltic III as it ran aground located approximately 12 nautical miles outside the entrance to Bay of Islands, Newfoundland and Labrador, Canada.The vessel reported a loss of power, and unable to secure an anchor in the adverse conditions, grounded in Wild Cove west of Lark Harbour.
While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main Events of 2025One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s suspension of 36 jackups from April 2024, but by 3Q 2025 21 units had been re-deployed into other regions of the world.
Webb Institute awarded Dr. James S.C. Chao, Founder and Chairman of Foremost Group, an Honorary Doctor of Science degree in recognition of his visionary leadership in the global maritime industry and his profound commitment to education, philanthropy, and sustainability.The ceremony was held on Webb’s Glen Cove campus before the Board of Trustees, students, and faculty. Dr.
LNG Canada has loaded the first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export facility.Located in Kitimat, British Columbia, the LNG Canada facility will export LNG from two processing units or trains with total capacity of 14 million tonnes per annum (mtpa).
Rayglass Boats, a brand of Brunswick Corporation, has unveiled the all-new Protector R Edition range, an evolution of its high-performance RIBs. These exclusive models are engineered to deliver next-level performance, styling, and innovation.Leading the lineup is the 330 Targa R Edition, the first vessel in New Zealand to be powered by Mercury Racing’s new 400R V10 outboard engines.
Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects.Cederic Cremers, Shell's president for integrated gas, told Reuters that Indonesia, Malaysia
Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a key issue in the drillship market: What happens to cold-stacked rigs that are unlikely to return to work? With the floater market showing signs of weakness and contract opportunities becoming scarcer, reactivating these units is proving even more challenging.
Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand, according to analysts and shipping data.The diverted cargoes could help meet additional European demand as countries seek to replace piped Russian gas after the Ukraine transit deal expired on Jan.
On January 16, 2025, the National Marine Fisheries Service (NMFS) formally withdrew its August 1, 2022, Notice of Proposed Rulemaking (NPRM) that sought amendments to the North Atlantic Right Whale Vessel Strike Reduction Rule that would have had the unintended consequences of endangering pilots, weakening navigation safety, and damaging the maritime supply chain on the East Coast.
Severe weather has caused additional damage to the MSC Baltic III grounded in Cedar Cove, Newfoundland and Labrador, Canada. The hull suffered significant new damage, including increased plate buckling on both the starboard and port sides, and the stern is now noticeably lower in the water. Small salvage equipment onboard was also found damaged.
U.S. LNG exports hit a record in September at 9.4 million metric tons, beating their previous record of 9.3 million MT in August, according to preliminary data from financial firm LSEG.The increase was fueled by strong sales to Europe and Asia, and came despite unplanned shutdowns at the country's largest facility, Cheniere Energy's Sabine Pass plant in Texas
New Zealand’s Transport Accident Investigation Commission has released its report into the grounding of the passenger vessel Fiordland Navigator – attributing the accident to the fatigued master who fell asleep at the helm.The accident occurred on January 24, 2024. The Fiordland Navigator ran aground while making a turn in Doubtful Sound.