Hafnia has taken delivery of the ECOMAR GIRONDE, the final vessel in its four-ship ECOMAR dual-fuel methanol newbuilding program developed in joint venture with France’s Socatra, completing the newbuilding series.Built at Guangzhou Shipyard International in China, ECOMAR GIRONDE is a 49,800-deadweight dual-fuel, methanol-capable Chemical IMO II medium-range tanker.
Swan Defence and Heavy Industries (SDHI) has signed its first newbuild contract for six IMO Type II chemical tankers, marking a milestone for India’s commercial shipbuilding sector and the country’s first chemical tanker order placed with a domestic shipyard.The contract, valued at $227 million, was awarded by European shipowner Rederiet Stenersen AS and covers six 18
Singapore-based Seatrium has resolved its dispute with an affiliate of Maersk Offshore Wind, over the delivery of a wind turbine installation vessel (WTIV), originally intended for Equinor’s Empire Wind 1 project in the United States.Under the agreement Seatrium Energy reached with Maerk’s affiliate Phoenix II A/S, the parties will discontinue all legal proceedings related to the contract
Brazil's Federal Audit Court (TCU) on Monday voted six to three to recommend that operators of existing container terminals at the Santos port be barred from participating in the first phase of bidding for a planned mega terminal, citing concerns over market concentration.The decision deals a blow to companies such as Danish shipping group Maersk
Seatrium has issued a notice of arbitration against an affiliate of Maersk Offshore Wind, escalating a dispute over the termination of a contract for a wind turbine installation vessel (WTIV) intended for the Empire Wind 1 project in the United States.The move follows a notice of arbitration delivered by the buyer on October 21
The military and Coast Guard budgets are established that will benefit the U.S. ship building and repair sector, but what will stimulate the commercial yards?This author has been scratching his head of late, after a thrilling dive into July’s U.S. Big Beautiful Bill Act, and has asked several colleagues where the funding for support commercial shipbuilding can be found? To answer that
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.Shares of Chevron were up 3.6% in premarket trading, with Hess gaining nearly 7.4%. Exxon shares were up 0.3%.CNBC first reported the arbitration outcome.
The 110th session of the Maritime Safety Committee (MSC 110) was held from June 18 to 27, with significant progress on a new non-mandatory code of safety for autonomous ships (MASS Code).The code addresses the emerging need for a regulatory framework to ensure the safe, secure and environmentally sound operation of autonomous and remote-controlled key functions.
As a result of a major White House office wake-up call or Executive Order 14269 determining it is time to start building ships again, Washington DC announced America’s maritime industry has been “dangerously declining” and with that decline we have allowed China to become the dominant force in global shipbuilding.
Japan is likely to sweeten terms for developers to build a massive offshore wind farm sector, industry insiders say, as it looks to put its energy ambitions back on track against a worldwide slump of projects hit by soaring costs and delays.The government aims to have 45 gigawatts of offshore wind capacity by 2040
CALL FOR STUDENT RESEARCH POSTERS!The 16th Annual Maritime Risk Symposium invites undergraduate and graduate students from colleges and universities worldwide to participate in the 2026 Maritime Risk Symposium Student Research Poster Contest. The poster competition, sponsored by the CCICADA Center based at Rutgers University
Denmark’s, and Svitzer’s, first electric tugboat was named by Her Majesty Queen Mary at a ceremony in Copenhagen.The new tugboat will carry the name Svitzer Ingrid, as announced by Her Majesty during the naming ceremony, which was attended by more than 100 executives from the Danish maritime industry.