Wednesday, July 2, 2025
Wind Osprey offshore wind installation vessel installing offshore wind turbines
Offshore

Ørsted Terminates Wind Turbine Installation Vessel Agreement with Cadeler as Hornsea 4 Project Halted

Copenhagen-based offshore wind installation specialist Cadeler A/S (NYSE: CDLR / OSE: CADLR) announced today that Ørsted A/S has terminated their long-term

July 2, 2025
Total Views: 2974

Major Cocaine Bust: UK Border Force Seizes Record Shipment at London Gateway
News

Major Cocaine Bust: UK Border Force Seizes Record Shipment at London Gateway

In one of the UK’s largest drug seizures of the past decade, UK Border Force officers have seized cocaine with an estimated street value of £96 million (USD

July 2, 2025
Total Views: 1625

Tanker EVENTIN adrift in the Baltic Sea
Shipping

Germany and Sweden Launch Joint Initiative to Monitor Shadow Fleet in Baltic Sea

German authorities have implemented a new measure requiring tankers traveling eastward through the Fehmarn Belt, in the western part of the Baltic Sea, to

July 2, 2025
Total Views: 827

Hanwha Philly Shipyard building dock
Shipbuilding

GAO Report Reveals Critical Gaps in Maritime Administration’s Shipbuilding Support Programs

A recent Government Accountability Office (GAO) report has found that despite having four financial assistance programs designed to bolster U.S. shipbuilding,

July 2, 2025
Total Views: 1356

Indonesia’s Pertamina Seeks $700 Million Loan to Build Vessels
Shipping

Indonesia’s Pertamina Seeks $700 Million Loan to Build Vessels

Indonesia’s state-owned oil giant PT Pertamina and its shipping arm are seeking an offshore loan of about $700 million for the construction of vessels,

July 2, 2025
Total Views: 408

Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, next to cranes at the APM Terminals in the port of Algeciras, Spain January 20, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Maersk Estimates Effective US Tariffs Average 21% Currently

Maersk MAERSKb.CO estimates companies pay effective U.S. import tariffs of on average 21% relative to container load, the Danish shipping group said on

July 2, 2025
Total Views: 719

ABB to supply integrated power system for nine shuttle tankers
Press Releases

ABB to supply integrated power system for nine shuttle tankers

In a major step towards more efficient offshore operations, Samsung Heavy Industries Co., Ltd. (SHI) and ABB have signed an agreement to equip a fleet of

July 2, 2025
Total Views: 1778

Inmarsat NexusWave exceeds 1,000 vessel orders amid growing demand for high-speed connectivity
Press Releases

Inmarsat NexusWave exceeds 1,000 vessel orders amid growing demand for high-speed connectivity

Inmarsat Maritime’s fully managed service has found ready audience among shipping companies seeking power of multiple networks with convenience of single

July 2, 2025
Total Views: 517

Tuesday, July 1, 2025
Countless cargo ships in the strait of hormuz
Defense

U.S. Says Iran Loaded Naval Mines Amid Threat to Block Strait of Hormuz

The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in Washington that Tehran was gearing up

July 1, 2025
Total Views: 3356

Photo shows Indian Coast Guard vessels fighting the fire on board the Wan Hai 503, June 10, 2025
Shipping

Containership WAN HAI 503 Towed Beyond India’s EEZ After Deadly Fire

The Singapore-flagged containership MV WAN HAI 503 has been towed outside of India’s Exclusive Economic Zone and now sits approximately 130 nautical

July 1, 2025
Total Views: 4306

Indian Navy tanker rescue
Accidents

Indian Navy Battles Engine Room Fire on Tanker in Gulf of Oman

The Indian Navy stealth frigate INS Tabar has responded to a distress call from the Pulau-flagged tanker MT Yi Cheng 6 in the Gulf of Oman on Sunday after

July 1, 2025
Total Views: 1490

Sections of the aircraft carrier Gerald R. Ford (CVN 78) are moved into position at Huntington Ingalls Newport News Shipbuilding
Defense

HII Turns to AI to Revolutionize U.S. Naval Shipbuilding

America’s largest military shipbuilder HII and enterprise AI software company C3 AI have announced an expanded strategic partnership aimed at

July 1, 2025
Total Views: 2728

First cargo from LNG Canada makes Canadian history
News

Shell Launches Canada’s First LNG Exports to Feed Growing Asian Demand

(Bloomberg) — Shell Plc has started exports from Canada’s first liquefied natural gas project, helping to meet rising Asian demand and extending its

July 1, 2025
Total Views: 894

A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Offshore

Britain’s Crown Estate Reports Profit of 1.15B Pounds, Led by Offshore Wind

The Crown Estate, which manages King Charles' public property, reported an annual net profit of 1.15 billion pounds ($1.57 billion) on Tuesday, similar to

July 1, 2025
Total Views: 1110

cargo ship
Shipping

Finland Implements Historic Ban on Ship Wastewater Discharges in Baltic Sea

Finland’s groundbreaking ban on sewage and open-circuit scrubber wastewater discharges in its territorial waters takes effect today, making it the first

July 1, 2025
Total Views: 1157

Stock photo of a tanker at sea
Shipping

Limpet Mine Eyed in Tanker Blast Off Libya’s Coast

A limpet mine may have caused a blast that damaged a Greek tanker sailing off Libya's coast last week, the fifth such incident to hit commercial shipping in

July 1, 2025
Total Views: 1521

File Photo shows a bulk ship with containership in background
Shipping

Private Equity Acquires Majority Stake in Louis Dreyfus Armateurs, Plans €1B Expansion

European private equity firm InfraVia Capital Partners has acquired an 80% majority stake in renowned maritime group Louis Dreyfus Armateurs (LDA) through its

July 1, 2025
Total Views: 656

Alternative Fuel Vessels See Record Growth Despite Newbuilding Slowdown
Environment

Alternative Fuel Vessels See Record Growth Despite Newbuilding Slowdown

Despite an overall decline in the newbuild vessel market, orders for alternative-fuelled ships have surged dramatically in 2025, indicating a significant shift

July 1, 2025
Total Views: 551

Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Ports

Asia-Europe Schedule Reliability Defies European Port Congestion

By Gavin van Marle (The Loadstar) – Despite ongoing reports and warnings of worsening port congestion levels in North European ports, container shipping

July 1, 2025
Total Views: 704