Iran confirmed on Saturday that its Revolutionary Guards had seized a tanker in Gulf waters carrying a cargo of petrochemicals bound for Singapore over alleged violations, Iranian state media reported.A U.S. official and maritime security sources had said on Friday that Iranian forces intercepted the oil products tanker and diverted it into Iranian territorial waters.
German container shipping firm Hapag-Lloyd on Thursday posted a 50% drop in nine-month net profit to 846 million euros ($986.6 million) and lowered the top end of its full-year earnings outlook, citing market volatility and rising costs.The company narrowed its full-year earnings before interest and taxes (EBIT) forecast to between 0.5 billion and 1.
Van Oord's new offshore wind installation vessel Boreas was officially christened on June 18 in Rotterdam. The event marked a milestone in Van Oord’s commitment to enhancing the energy transition. In addition, Van Oord announced that it had become the first marine contractor to receive approval on science-based targets for its decarbonization approach. The Boreas was christened by Ms.
On April 30, Senator Mark Kelly (D-AZ), together with several original co-sponsors, reintroduced the SHIPS for America Act in the U.S. Senate, first introduced in December 2024, divided into two bills. Companion legislation was also introduced in the U.S. House of Representatives by Rep. Trent Kelly (R-MS) and Rep. John Garamendi (D-CA). This is a major, historic effort to revitalize the U.S.
Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring the situation in the Middle East and would return to the Red Sea once it was safe to do so."The agreement has only just been reached.
Morocco's leading port operator, Marsa Maroc, said on Tuesday it signed a deal to acquire a 45% stake in Spain's Boluda Maritime Terminals (BMT), a branch of Spain's Boluda Corporacion Maritima for 80 million euros ($94.01 million).The deal, approved by Marsa Maroc's board, is subject to regulatory clearance, the company said in a statement.
During a live showcase on board Scylla’s new passenger vessel MS Lumière, Shipping Technology, Retina, and Scylla successfully completed the first-ever autonomous Dock2Dock voyage—from undocking in Hardinxveld-Giessendam to docking in Gorinchem.The demonstration combined Retina’s M-Pilot maneuvering system with the ST BRAIN and Autonomous Lane Assist (ST Sailing) from Shipping Technology
Louise Tricoire has been appointed Vice-President of the Lubmarine Business Unit of TotalEnergies, bringing a wealth of maritime industry knowledge and expertise to the role.Louise joins Lubmarine following her leadership of TotalEnergies’ global aviation and marine fuel division, where she played a key role in advancing both sectors’ decarbonization goals.
On October 9, 2025, the Fratelli Cosulich Group launched Maya Cosulich — the world’s first methanol-powered IMO II chemical bunker tanker — at Taizhou Maple Leaf Shipyard.The ceremony was attended by Ms. Hoe Sook Mei from the Fratelli Cosulich Singapore office, who served as the Godmother of Maya Cosulich.
Dutch marine provider Boskalis will salvage the U.S.-flagged tanker Stena Immaculate, which was struck by a container ship off northeast England on Monday, a spokesperson said on Tuesday, confirming earlier Dutch media reports.He could not give a time frame for the salvaging but added that four ships carrying foam and extinguishing agents were already en route to put out the fire caused by the
Britain will invest 55.7 million pounds ($71.45 million) in the Port of Cromarty Firth in Scotland to expand the facility to become a hub for floating offshore wind, the government said on Wednesday.Britain has a target to largely decarbonize its electricity sector by 2030 which will require a huge ramp up in renewable power like offshore wind.
Sweden is investigating a possible breach of an undersea cable off the country's southwestern coast in the Baltic Sea, the coastguard said on Friday, in an area where multiple seabed cables have been damaged in recent months.The Baltic Sea region is on alert and the NATO alliance has boosted its presence after a series of power cable