Seatrium has put in motion a series of non-core asset divestments set to complete by early 2026, targeting over $40 million (S$50 million) in annualized operational cost savings.The Singapore-based offshore and marine group said the savings will follow recent divestments of the AmFELS yard in Texas and the GNL Platform Supply Vessels disclosed in 2025, alongside additional transactions earlier.
Firefighters and federal authorities continued working Saturday to contain a hazardous-materials fire aboard the container ship ONE Henry Hudson after an explosion and onboard fire forced the evacuation of all crew members at the Port of Los Angeles, according to the Los Angeles Fire Department (LAFD) and port officials. By 6:30pm local time, the fire had been substantially contained.
U.S. President Donald Trump's administration is on a mission to weaken China's global network of ports and bring more strategic terminals under Western control, according to three sources familiar with the plan.The drive is part of the most ambitious effort to expand U.S. maritime influence since the 1970s and is designed to address growing fears in Washington that it would be at a disadvantage
Construction is underway on a 39-meter passenger ferry Incat Crowther has designed for Singapore's Majestic Fast Ferry. The new ferry builds on the successful first and second-generation 39-meter ferry platforms Incat Crowther has designed for the same operator.The third-generation 39-meter ferry incorporates a number of refinements developed in consultation with Majestic Fast Ferry and
Construction is underway on a next-generation 39-meter passenger ferry Incat Crowther has designed for Singapore’s Majestic Fast Ferry.The new ferry builds on the successful first and second-generation 39-meter ferry platforms Incat Crowther has designed for the same operator.The ferry incorporates a number of refinements developed in consultation with Majestic Fast Ferry and Indonesian shipyard
Indonesian offshore vessel operator PT Wintermar Offshore Marine (WINS) has acquired the remaining stakes in Singapore-based Fast Offshore Supply (FOS) and its subsidiary PT Fast Offshore Indonesia (FOI), gaining full control of both companies and expanding into the building and operation of aluminium crew transfer vessels (CTVs).WINS acquired the remaining 52.
Italian engineering, certification and consulting company RINA has secured a contract to provide safety assessment services for Indonesia's Green Hydrogen Hub Project H2WATT, a key initiative being developed by PLN Puslitbang, the research and development arm of state-owned utility PT PLN.
A new hybrid, 350-passenger vessel is now in operation at the Port of Los Angeles, the result of a Port-led partnership with Harbor Breeze Cruises, the California Air Resources Board (CARB), and the Port of Long Beach.The Harbor Breeze Cruises’ El Escudo harbor craft features some of the newest emission-reduction technologies on the market.
Kongsberg Maritime announced the signing of a Memorandum of Understanding (MoU) with PT PAL Indonesia, the country’s largest state‑owned shipyard. The signing ceremony took place at PT PAL’s headquarters in Surabaya and was attended by representatives from Kongsberg Maritime, PT PAL, and the Norwegian Ambassador to Indonesia, Rut Krüger Giverin.
Kongsberg Maritime has been hired by Consórcio Marenova to design and equip four methanol- and ethanol-ready handy-size product tankers for Petrobras Transporte (Transpetro).The vessels will be built by Consórcio Marenova, a partnership between Ecovix in Rio Grande and MacLaren in Niterói, and will be operated by Transpetro.
UTC Overseas has announced the appointment of Pedro Widmann as Director Global Project Development. Widmann brings over 30 years of experience in the specialized transportation and logistics industry with a strong background in the mining and EPC sector.Throughout his career, Widmann has held key positions with major international freight forwarders
At Gastech 2025, DNV awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for the design of next-generation LNG carriers (LNGC) and Very Large Ethane Carriers (VLEC) with forward accommodation and Wind-Assisted Propulsion Systems (WAPS). The designs, featuring 174K LNGCs and 100K VLECs (Ethane/LPG carriers)