Stay informed with real-time maritime industry updates
Seatrade Maritime
Kongsberg has been awarded a contract to fully design four new tankers for Transpetro, as reported by Seatrade Maritime. The Norwegian company will integrate a range of systems into the Brazilian-built vessels.
Splash247
Dr. Raymon Krishnan, president of Singapore’s Logistics & Supply Chain Management Society, discusses the potential pitfalls of index-based freight contracts for beneficial cargo owners (BCOs), as reported by Splash247. While these contracts offer transparency and alignment with market conditions, they may not always deliver on their promises in practice.
Splash247
Australian engineering firm Worley has secured contracts in both offshore hydrogen and US LNG sectors, as reported by Splash247. The company will support the AquaDuctus project, a significant offshore hydrogen pipeline linked to the AquaVentus initiative in Germany's North Sea.
gCaptain
The future USS John F. Kennedy has successfully completed its first Builder’s Sea Trials, a significant step for the Navy’s second Ford-class aircraft carrier, as reported by gCaptain. This milestone moves the ship closer to delivery and integration into the fleet.
gCaptain
The U.S. Coast Guard is struggling with workforce shortages and equipment readiness despite receiving nearly $25 billion in supplemental funding, as highlighted in a Government Accountability Office report. gCaptain reports that this funding is the largest in the Coast Guard's history, yet it warns that financial resources alone are insufficient to address the service's operational challenges.
gCaptain
A collision in Scotland's Firth of Clyde between a crude oil tanker and a fishing trawler has led to calls for mandatory navigation training for small fishing vessel crews, as reported by gCaptain. Investigators found that the incident, which nearly proved fatal for three fishermen, was due to a lack of formal training and flawed assumptions on both vessels' bridges.
gCaptain
Dr. Nikos Tsakos, CEO of Tsakos Energy Navigation, highlighted that geopolitical instability and the growth of shadow tanker trading have led to a significant shortage of quality vessels, as reported by gCaptain. This situation has driven charter rates to exceptional levels, with nearly a third of the global tanker fleet affected by sanctions, altering global energy trade routes.
gCaptain
A Russian container ship captain has been sentenced to six years in prison following a fatal collision in the North Sea that resulted in the death of a Filipino seafarer and an eight-day fire due to aviation fuel spillage, as reported by gCaptain.
gCaptain
China has instructed its state firms to pause discussions on new projects in Panama following the country's decision to annul CK Hutchison Holdings Ltd.’s contract for operating two ports along the Panama Canal, as reported by gCaptain. This move is part of Beijing's broader retaliatory measures.
Seatrade Maritime
Vladimir Motin, captain of the vessel Solong, received a six-year prison sentence after a judge deemed his explanation of events leading to crewman Angelo Pernia's death as 'implausible,' reports Seatrade Maritime. The incident involved an allision, which resulted in the tragic loss of life.
