Britain targeted Russia's two largest oil companies, Lukoil and Rosneft, and 44 shadow fleet tankers on Wednesday in what it described as a new bid to tighten energy sanctions and choke off Kremlin revenues.Lukoil and Rosneft were designated under Britain's Russia sanctions laws for what London described as their role in supporting the Russian government.
Eastern Shipbuilding Group received the Notice to Proceed from Washington State Ferries (WSF) to build two with an option for an additional 160-vehicle hybrid-electric ferries for the State of Washington. This milestone follows the first competitive bid for ferry construction in more than 25 years for the nation’s largest ferry system.
The catastrophic implosion of the Titan submersible that killed five people in 2023 could have been prevented, a U.S. Coast Guard investigative board found on Tuesday, calling the vessel’s safety culture and operational practices “critically flawed.”The Titan vanished during a descent to the Titanic wreck on a tourist expedition, losing contact with its support ship.
Ordering of alternative-fueled vessels is continuing to grow in 2025, despite a slowdown in the overall newbuild market. According to data from DNV’s Alternative Fuels Insight (AFI) platform, new orders for alternative-fueled vessels reached 19.8 million gross tonnes (GT) in the first six months of 2025, exceeding the 2024 figure by 78%.
ASUKA III, said to be the largest Japanese-flagged cruise ship, has completed its first marine LNG bunkering by FueLNG Private at Singapore Cruise Centre.The bunkering milestone also marks Shell LNG's first supply to an LNG-powered cruise ship in the region, according to Singapore Cruise Centre.Asuka III is owned by NYK Cruises, a company of the Japanese shipping group NYK.
Jan De Nul has kicked off the installation campaign of the monopile foundations for RWE’s Thor offshore wind farm, completing the installation of the first of 72 monopiles with its heavy-lift vessel Les Alizés.When finished, Denmark’s largest wind farm to date will provide enough renewable energy to power more than a million Danish households.
Germany’s maritime industry is proving resilient amid global economic uncertainty and shifting geopolitical priorities. At the annual conference of the German Shipowners' Association (VDR), statistics underscore the sector's role in securing trade, employment, and economic stability.
Austal Limited said that Austal Australasia has been awarded a contract valued between A$265 and A$275 million by Gotlandsbolaget of Sweden for the design and construction of a 130-m combined cycle, ‘hydrogen-ready’ vehicle passenger ferry. Part of Gotlandsbolaget’s ‘Horizon X’ program, the high-speed ROPAX catamaran will be the largest vessel ever constructed by Austal, and feature a unique
MELTRIC announced the official launch of P66 – 660 amps at 1,100 volts alternating current and 1,500 volts direct current, with an 8-aux bundle.MELTRIC announced the launch of P66 – a safe, high-powered, and highly durable electrical connection engineered for mobile electrification in harsh and demanding industrial environments.
Chris-Marine launhced its latest innovation, the VPU 1600, a fuel injector test unit for 4-stroke engines, manufactured at its facility in Brøndby, Denmark.The test unit is designed to efficiently assess the leakage, opening pressure, and spray pattern of fuel injectors, ensuring optimal engine performance.
Akdeniz Shipyard launched a new 1200-cbm capacity tanker for delivery to an American client.The tanker will operate in the Bahamas, and measures 61 x 10.95m, most notable with only a 2.9-m draft.Last year Akdeniz Shipyard delivered a 1500-cbm capacity chemical tanker that was highly praised for meeting international quality standards.
Maritime digital decarbonization services provider VPS has entered a partnership agreement with Veracity, DNV’s independent data platform, to streamline monitoring, reporting, and verification (MRV) services for offshore vessels.The partnership will enable a transfer of validated and checked operational MRV data from VPS’ Maress system, to the Veracity data platform