Concerns grew on Monday that the ceasefire between the United States and Iran might not hold after the U.S. said it had seized an Iranian cargo ship that tried to run its blockade and Iran vowed to retaliate.Efforts to build a more lasting peace in the region likewise appeared to be on shaky ground, as Iran said it would not participate in a second round of negotiations that the U.S.
Continuous design refinement and incremental productivity gains — reflecting the Japanese concept of kaizen — alongside unremitting attention to contractual performance and product quality have seen the country’s shipbuilders maintain a high profile in certain sectors of the commercial vessel market.
At first glance, the Iran war appears to be hitting oil and gas with equal force, as missiles, drone strikes and shipping disruptions choke flows through the Strait of Hormuz.But beneath that surface symmetry lies a critical imbalance. The global gas supply chain has fewer rerouting options and less storage capacity than the oil market - making the fallout for gas consumers considerably more
Equinor said it is complying with a stop-work order issued by the U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM), which ordered the suspension of offshore construction activities on the Empire Wind project citing national security concerns.Empire Offshore Wind LLC, the project company
Sticking to legacy tactics won't beat China — adopt Secretary Hegseth's and the Army initiatives or surrender the edge.In a recent address, Admiral Christopher Grady, Vice Chairman of the Joint Chiefs of Staff, underscored the urgent need for a robotic hull-cleaning system to enable anytime maintenance, reduce drag, boost speed, and minimize fuel consumption for naval vessels.
Danish offshore wind installation firm Cadeler has taken delivery of its first A-class wind turbine installation vessel (WTIV), Wind Ally, designed to transport up to six sets of XXL monopile foundations per round trip.Wind Ally has become the ninth vessel on the water in Cadeler’s growing fleet of next-generation WTIVs.
The Maritime and Port Authority of Singapore (MPA) has been notified by the Indian authorities that 18 crew were safely transferred from lifeboats to an Indian Navy ship, which is en route to New Mangalore Port.Four crew—two from Taiwan, one from Myanmar, and one from Indonesia—remain missing. Search and rescue (SAR) operations are ongoing.
A Mexican Navy sailing ship festooned with lights and a giant flag crashed into the landmark Brooklyn Bridge on Saturday night, shearing the top of its masts, killing two people and injuring several others, New York City Mayor Eric Adams said.Videos online showed the training vessel Cuauhtémoc as it approached the bridge over the East River, close to the Brooklyn side of the span
A South Korean passenger ferry carrying 267 passengers and crew got stranded on Wednesday after running aground off the southwestern tip of the Korean peninsula and a rescue operation was underway to bring them to land, the coast guard said.South Korean President Lee Jae Myung, who is currently travelling in the Middle East
Volvo Penta North America has named Brock Gavin as Vice President of Marine Sales and Service and Jens Bering as Head of Product and Solutions Management for its marine division. In their new roles, Gavin and Bering will be instrumental in advancing Volvo Penta’s marine strategy and driving continued growth across commercial and leisure markets in North America.
Belgium-based offshore installation services company DEME has ordered a new Offshore Construction Vessel (OCV), which will be built by PaxOcean at the Zhoushan shipyard in China.The new OCV will strengthen DEME’s subsea cable installation capacity to meet the evolving global offshore wind market.
TOTE Group, a leader in transportation and logistics, announced the appointment of Jason Grear, CPA, as its Chief Financial Officer (CFO), effective today, July 24, 2025. Grear brings over 20 years of accounting and finance experience to the organization.“Beyond Jason’s impressive credentials, what stood out most was his collaborative approach, people-first mindset